Emerald Investment Advisers LLC Makes New Investment in OGE Energy Corporation $OGE

Emerald Investment Advisers LLC bought a new stake in OGE Energy Corporation (NYSE:OGE) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 97,643 shares of the utilities provider’s stock, valued at approximately $4,751,000.

Several other large investors also recently modified their holdings of OGE. Millennium Management LLC grew its position in shares of OGE Energy by 1,160.8% in the 1st quarter. Millennium Management LLC now owns 94,965 shares of the utilities provider’s stock valued at $4,365,000 after purchasing an additional 87,433 shares during the period. Goldman Sachs Group Inc. raised its holdings in OGE Energy by 54.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,043,657 shares of the utilities provider’s stock worth $47,966,000 after buying an additional 367,960 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in OGE Energy by 4.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 560,664 shares of the utilities provider’s stock worth $25,768,000 after buying an additional 23,051 shares during the period. Focus Partners Wealth raised its holdings in OGE Energy by 7.5% during the 1st quarter. Focus Partners Wealth now owns 9,145 shares of the utilities provider’s stock worth $420,000 after buying an additional 637 shares during the period. Finally, Russell Investments Group Ltd. lifted its stake in OGE Energy by 3.9% in the second quarter. Russell Investments Group Ltd. now owns 8,612 shares of the utilities provider’s stock valued at $382,000 after buying an additional 321 shares in the last quarter. 71.84% of the stock is currently owned by institutional investors.

More OGE Energy News

Here are the key news stories impacting OGE Energy this week:

• Positive Sentiment: Zacks raised its Q3 2026 EPS forecast to $1.02 from $1.00, suggesting somewhat stronger expected results in the upcoming quarter.
• Positive Sentiment: The firm increased its Q3 2027 estimate to $1.04 from $1.03 and lifted its Q4 2027 forecast to $0.58 from $0.55.
• Neutral Sentiment: Zacks’ FY2026 EPS estimate was reduced slightly to $2.42 from $2.43, bringing it in line with the current consensus forecast rather than signaling a material change in full-year expectations.
• Negative Sentiment: Estimates were lowered for Q1 2027 to $0.37 from $0.39 and Q2 2027 to $0.60 from $0.62, pointing to weaker expected earnings in the first half of 2027.
• Negative Sentiment: Longer-term forecasts also fell: Q1 2028 EPS was cut to $0.50 from $0.53, while Q2 2028 EPS was reduced to $0.63 from $0.71. These revisions may be weighing on the stock because they imply some pressure on OGE’s future earnings trajectory.

OGE Energy Price Performance

Shares of OGE opened at $45.67 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.77 and a debt-to-equity ratio of 1.12. OGE Energy Corporation has a twelve month low of $41.69 and a twelve month high of $50.59. The stock has a market capitalization of $9.43 billion, a P/E ratio of 20.12, a P/E/G ratio of 3.46 and a beta of 0.53. The company has a 50 day moving average of $48.08 and a 200-day moving average of $47.66.

OGE Energy (NYSE:OGE) last announced its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.01. OGE Energy had a net margin of 14.44% and a return on equity of 9.48%. The business had revenue of $711.90 million for the quarter, compared to analyst estimates of $782.73 million. During the same quarter in the previous year, the firm posted $0.53 earnings per share. The firm’s revenue for the quarter was down 4.0% on a year-over-year basis. As a group, equities research analysts forecast that OGE Energy Corporation will post 2.42 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on OGE. BMO Capital Markets lowered their price objective on shares of OGE Energy from $50.00 to $49.00 and set a “market perform” rating for the company in a research report on Wednesday, July 22nd. Morgan Stanley cut their price objective on shares of OGE Energy from $51.00 to $49.00 and set an “equal weight” rating on the stock in a research report on Friday. Wall Street Zen raised shares of OGE Energy from a “sell” rating to a “hold” rating in a research report on Saturday, August 1st. Wells Fargo & Company upped their target price on shares of OGE Energy from $47.00 to $48.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of OGE Energy in a research note on Friday, July 31st. Four investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, OGE Energy has a consensus rating of “Hold” and an average target price of $49.60.

About OGE Energy

OGE Energy Corp. (NYSE:OGE) is an energy and infrastructure holding company headquartered in Oklahoma City, Oklahoma. Through its principal subsidiary, Oklahoma Gas & Electric Company, the company provides regulated electric service to residential, commercial and industrial customers across Oklahoma and western Arkansas. Its diversified generation mix includes coal, natural gas and wind-powered facilities, complemented by ongoing investments in grid modernization and smart technology to enhance reliability and customer satisfaction.

In addition to its core electric utility operations, OGE Energy Corp.