ONE Gas (NYSE:OGS) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of ONE Gas (NYSE:OGS) from a sell rating to a hold rating in a report released on Sunday morning,Wall Street Zen reports.

A number of other research firms have also commented on OGS. Weiss Ratings raised ONE Gas from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, October 23rd. BTIG Research set a $89.00 target price on ONE Gas in a research note on Tuesday, October 20th. Scotiabank initiated coverage on ONE Gas in a research note on Tuesday, September 29th. They issued a “sector outperform” rating and a $86.00 target price for the company. Truist Financial cut their price target on ONE Gas from $89.00 to $87.00 and set a “buy” rating for the company in a report on Thursday, August 13th. Finally, Wells Fargo & Company upgraded shares of ONE Gas from a “strong sell” rating to an “equal weight” rating and set a $85.00 price target on the stock in a research report on Thursday, August 6th. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $86.46.

ONE Gas Stock Up 1.2%

Shares of OGS opened at $80.91 on Friday. The company has a market capitalization of $5.09 billion, a P/E ratio of 17.25, a PEG ratio of 2.11 and a beta of 0.62. The company has a debt-to-equity ratio of 0.66, a current ratio of 0.48 and a quick ratio of 0.37. ONE Gas has a one year low of $70.37 and a one year high of $90.78. The business’s 50 day simple moving average is $76.23 and its 200-day simple moving average is $80.84.

ONE Gas (NYSE:OGS) last released its quarterly earnings results on Monday, November 2nd. The utilities provider reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.05. ONE Gas had a return on equity of 8.81% and a net margin of 12.61%. The business had revenue of $391.31 million for the quarter, compared to analyst estimates of $398.23 million. During the same period in the prior year, the company earned $0.44 EPS. ONE Gas’s revenue for the quarter was up 3.2% on a year-over-year basis. As a group, sell-side analysts predict that ONE Gas will post 4.91 EPS for the current fiscal year.

ONE Gas Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Monday, November 16th will be given a $0.68 dividend. This represents a $2.72 annualized dividend and a yield of 3.4%. The ex-dividend date is Monday, November 16th. ONE Gas’s payout ratio is 58.62%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Versant Capital Management Inc boosted its stake in ONE Gas by 19.9% in the third quarter. Versant Capital Management Inc now owns 1,053 shares of the utilities provider’s stock valued at $76,000 after acquiring an additional 175 shares during the last quarter. GAMMA Investing LLC grew its holdings in ONE Gas by 10.4% during the 2nd quarter. GAMMA Investing LLC now owns 2,089 shares of the utilities provider’s stock worth $161,000 after acquiring an additional 197 shares during the period. State of Michigan Retirement System raised its position in shares of ONE Gas by 1.4% during the 1st quarter. State of Michigan Retirement System now owns 14,404 shares of the utilities provider’s stock valued at $1,241,000 after acquiring an additional 200 shares during the last quarter. Cetera Investment Advisers raised its position in shares of ONE Gas by 1.1% during the 1st quarter. Cetera Investment Advisers now owns 19,653 shares of the utilities provider’s stock valued at $1,693,000 after acquiring an additional 205 shares during the last quarter. Finally, Bessemer Group Inc. lifted its stake in shares of ONE Gas by 61.0% in the 1st quarter. Bessemer Group Inc. now owns 549 shares of the utilities provider’s stock valued at $47,000 after purchasing an additional 208 shares during the period. Institutional investors and hedge funds own 88.71% of the company’s stock.

Key ONE Gas News

Here are the key news stories impacting ONE Gas this week:

• Positive Sentiment: ONE Gas reported third-quarter adjusted earnings of $0.53 per share, beating the $0.48 consensus estimate and rising from $0.44 a year earlier. Revenue increased 3.2% year over year, with new rates and customer growth contributing. ONE Gas Q3 Earnings Beat Estimates on New Rates, Revenues Rise Y/Y
• Positive Sentiment: The company raised its 2026 adjusted EPS guidance to $4.95–$5.01, above its prior range and the $4.91 analyst consensus. ONE Gas Announces Third Quarter 2026 Financial Results and Raises Guidance
• Positive Sentiment: ONE Gas declared a quarterly dividend of $0.68 per share, equivalent to $2.72 annually and a 3.4% indicated yield. The dividend is payable December 3 to shareholders of record November 16.
• Negative Sentiment: Third-quarter revenue of $391.3 million missed analysts’ $398.2 million estimate, tempering the earnings beat.

ONE Gas Company Profile