Morgan Stanley Cuts OGE Energy (NYSE:OGE) Price Target to $46.00

Posted by George Bondi on Sep 21st, 2026

OGE Energy (NYSE:OGE – Free Report) had its price objective trimmed by Morgan Stanley from $49.00 to $46.00 in a report published on Friday morning, MarketBeat Ratings reports. The brokerage currently has an equal weight rating on the utilities provider’s stock.

OGE has been the subject of a number of other research reports. BMO Capital Markets cut their target price 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. Argus reiterated a “buy” rating on shares of OGE Energy in a research report on Wednesday, September 16th. Weiss Ratings reissued a “buy (b)” rating on shares of OGE Energy in a research note on Friday, July 31st. Royal Bank Of Canada upgraded OGE Energy from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from $50.00 to $54.00 in a research report on Wednesday, September 2nd. Finally, Barclays upped their target price on OGE Energy from $51.00 to $52.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, OGE Energy presently has an average rating of “Moderate Buy” and a consensus price target of $49.80.

View Our Latest Stock Report on OGE

OGE Energy Stock Performance

Shares of OGE opened at $45.46 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 has a 52-week low of $41.69 and a 52-week high of $50.59. The company has a 50-day simple moving average of $47.24 and a 200-day simple moving average of $47.67. The company has a market capitalization of $9.39 billion, a PE ratio of 20.03, a P/E/G ratio of 2.99 and a beta of 0.52.

OGE Energy (NYSE:OGE – Get Free Report) last released 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 firm had revenue of $711.90 million for the quarter, compared to the consensus estimate of $782.73 million. During the same quarter in the previous year, the firm earned $0.53 earnings per share. The firm’s revenue was down 4.0% on a year-over-year basis. Equities research analysts predict that OGE Energy will post 2.42 earnings per share for the current fiscal year.

Insider Transactions at OGE Energy

In other OGE Energy news, SVP Donnie Jones sold 6,508 shares of the firm’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $46.11, for a total value of $300,083.88. Following the transaction, the senior vice president owned 40,555 shares of the company’s stock, valued at $1,869,991.05. This trade represents a 13.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.57% of the stock is owned by corporate insiders.

Institutional Trading of OGE Energy

A number of institutional investors and hedge funds have recently made changes to their positions in OGE. BlackRock Inc. bought a new position in OGE Energy during the 2nd quarter worth $1,277,554,000. Norges Bank bought a new stake in OGE Energy in the fourth quarter valued at $119,028,000. Bank of New York Mellon Corp bought a new stake in OGE Energy in the second quarter valued at $102,382,000. Energy Income Partners LLC acquired a new position in shares of OGE Energy during the second quarter valued at $99,016,000. Finally, Cohen & Steers Inc. acquired a new position in shares of OGE Energy during the fourth quarter valued at $68,460,000. 71.84% of the stock is currently owned by institutional investors and hedge funds.

OGE Energy Company Profile

(Get Free Report)

OGE Energy Corp. is an Oklahoma City-based energy holding company whose principal subsidiary is Oklahoma Gas and Electric Company (OG&E). OG&E is a regulated electric utility that generates, transmits, distributes and sells electricity to residential, commercial and industrial customers.

OG&E serves customers across Oklahoma and in western Arkansas. Its operations include a portfolio of power-generation resources, electric transmission and distribution infrastructure, and related customer and energy-management services.