Citizens Financial Group Inc. RI Acquires Shares of 10,651 OGE Energy Corporation $OGE

Posted by on Aug 20th, 2026

Citizens Financial Group Inc. RI bought a new position in OGE Energy Corporation (NYSE:OGE – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,651 shares of the utilities provider’s stock, valued at approximately $518,000.

Other institutional investors also recently modified their holdings of the company. Millennium Management LLC boosted its position in OGE Energy by 1,160.8% during the first 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 last quarter. Goldman Sachs Group Inc. increased its position in OGE Energy by 54.5% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,043,657 shares of the utilities provider’s stock worth $47,966,000 after purchasing an additional 367,960 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of 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 purchasing an additional 23,051 shares in the last quarter. Focus Partners Wealth raised its stake in shares of 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 purchasing an additional 637 shares in the last quarter. Finally, Russell Investments Group Ltd. raised its stake in shares of OGE Energy by 3.9% during the 2nd quarter. Russell Investments Group Ltd. now owns 8,612 shares of the utilities provider’s stock worth $382,000 after purchasing an additional 321 shares in the last quarter. Institutional investors and hedge funds own 71.84% of the company’s stock.

OGE Energy Price Performance

Shares of OGE Energy stock opened at $46.96 on Thursday. The firm has a fifty day simple moving average of $48.13 and a 200-day simple moving average of $47.65. The company has a current ratio of 0.77, a quick ratio of 0.47 and a debt-to-equity ratio of 1.12. OGE Energy Corporation has a 1-year low of $41.69 and a 1-year high of $50.59. The stock has a market capitalization of $9.70 billion, a price-to-earnings ratio of 20.69, a PEG ratio of 3.49 and a beta of 0.53.

OGE Energy (NYSE:OGE – Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The utilities provider reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $782.73 million. During the same period in the prior year, the firm earned $0.53 EPS. OGE Energy’s quarterly revenue was down 4.0% compared to the same quarter last year. On average, sell-side analysts expect that OGE Energy Corporation will post 2.42 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently commented on OGE shares. LADENBURG THALM/SH SH boosted their price target on OGE Energy from $42.50 to $47.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Barclays raised their price objective on shares of OGE Energy from $51.00 to $52.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. 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 price target on 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 report on Friday, July 31st. Four analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, OGE Energy currently has an average rating of “Hold” and a consensus target price of $49.80.

Read Our Latest Report on OGE

OGE Energy Profile

(Free Report)

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.

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Institutional Ownership by Quarter for OGE Energy (NYSE:OGE)

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