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

Posted by Geri Gentry on Aug 11th, 2026

Wall Street Zen upgraded shares of ONE Gas (NYSE:OGS – Free Report) from a sell rating to a hold rating in a research note released on Saturday morning.

Several other analysts have also recently weighed in on the company. Truist Financial reduced their price target on ONE Gas from $95.00 to $89.00 and set a “buy” rating on the stock in a report on Wednesday, July 22nd. Capital One Financial set a $93.00 price objective on shares of ONE Gas in a report on Friday, June 12th. Mizuho cut their target price on shares of ONE Gas from $94.00 to $89.00 and set an “outperform” rating on the stock in a research report on Tuesday, June 9th. Wells Fargo & Company upgraded shares of ONE Gas from a “strong sell” rating to an “equal weight” rating and set a $85.00 target price on the stock in a research report on Thursday, August 6th. Finally, Wolfe Research started coverage on shares of ONE Gas in a report on Tuesday, May 26th. They set a “peer perform” rating on the stock. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $89.70.

Get Our Latest Analysis on ONE Gas

ONE Gas Stock Down 1.9%

Shares of OGS opened at $78.67 on Friday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 0.37 and a current ratio of 0.48. ONE Gas has a 52 week low of $73.91 and a 52 week high of $90.78. The stock has a market capitalization of $4.95 billion, a price-to-earnings ratio of 16.95, a PEG ratio of 2.64 and a beta of 0.66. The stock has a fifty day moving average of $78.20 and a 200-day moving average of $82.58.

ONE Gas (NYSE:OGS – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.63 by $0.19. ONE Gas had a return on equity of 8.81% and a net margin of 12.47%.The business had revenue of $411.64 million for the quarter, compared to analyst estimates of $410.29 million. During the same quarter in the previous year, the company posted $0.53 EPS. ONE Gas’s quarterly revenue was down 2.8% compared to the same quarter last year. ONE Gas has set its FY 2026 guidance at 4.830-4.950 EPS. As a group, sell-side analysts anticipate that ONE Gas will post 4.88 earnings per share for the current fiscal year.

ONE Gas Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be issued a dividend of $0.68 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $2.72 annualized dividend and a yield of 3.5%. ONE Gas’s payout ratio is presently 58.62%.

Institutional Investors Weigh In On ONE Gas

A number of institutional investors have recently made changes to their positions in the stock. V Square Quantitative Management LLC bought a new position in shares of ONE Gas during the fourth quarter worth about $25,000. Triumph Capital Management boosted its holdings in ONE Gas by 247.0% in the fourth quarter. Triumph Capital Management now owns 347 shares of the utilities provider’s stock valued at $27,000 after acquiring an additional 247 shares during the last quarter. Garner Asset Management Corp bought a new stake in ONE Gas in the fourth quarter valued at approximately $29,000. Torren Management LLC acquired a new stake in ONE Gas during the 4th quarter valued at approximately $31,000. Finally, Quarry LP increased its position in ONE Gas by 188.0% during the 4th quarter. Quarry LP now owns 409 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 267 shares during the period. Institutional investors own 88.71% of the company’s stock.

ONE Gas Company Profile

(Get Free Report)

ONE Gas, Inc is a publicly traded natural gas utility company focused on the regulated distribution of natural gas to residential, commercial and industrial customers. Headquartered in Tulsa, Oklahoma, the company owns and operates an integrated system of transmission and distribution pipelines, storage facilities and compressor stations designed to deliver safe, reliable energy to end users. Its operations are governed by state utility commissions, which set rates and service standards in the markets the company serves.

The company’s service territory spans three states: Oklahoma, Kansas and the Texas Panhandle.