Key Points
- CAO Sarah Stafford sold 6,130 shares at an average price of $47.77 for a total of $292,830.10, reducing her holding by 17.67% to 28,559 shares valued at about $1.36 million.
- OGE beat quarterly EPS expectations with $0.33 per share and reported revenue of $725.8 million; the company set FY2026 guidance of $2.38–$2.48 EPS while analysts expect about $2.27 for the year.
- OGE declared a quarterly dividend of $0.425 per share (annualized $1.70), payable April 24, implying a ~3.5% yield and a payout ratio of 73.6%.
OGE Energy Corporation (NYSE:OGE - Get Free Report) CAO Sarah Stafford sold 6,130 shares of the firm's stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $47.77, for a total value of $292,830.10. Following the completion of the transaction, the chief accounting officer owned 28,559 shares in the company, valued at $1,364,263.43. This represents a 17.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
OGE Energy Price Performance
OGE opened at $48.54 on Friday. OGE Energy Corporation has a 1 year low of $40.80 and a 1 year high of $48.72. The company has a market capitalization of $10.01 billion, a price-to-earnings ratio of 21.01, a P/E/G ratio of 3.46 and a beta of 0.62. The firm's fifty day moving average price is $44.17 and its two-hundred day moving average price is $44.60. The company has a debt-to-equity ratio of 1.08, a current ratio of 0.78 and a quick ratio of 0.49.
OGE Energy (NYSE:OGE - Get Free Report) last issued its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $0.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.30 by $0.03. The business had revenue of $725.80 million during the quarter, compared to the consensus estimate of $277.80 million. OGE Energy had a net margin of 14.44% and a return on equity of 9.89%. The firm's quarterly revenue was down 4.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.50 EPS. OGE Energy has set its FY 2026 guidance at 2.380-2.480 EPS. As a group, analysts anticipate that OGE Energy Corporation will post 2.27 earnings per share for the current fiscal year.
OGE Energy Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Shareholders of record on Monday, April 6th will be given a $0.425 dividend. The ex-dividend date of this dividend is Monday, April 6th. This represents a $1.70 annualized dividend and a yield of 3.5%. OGE Energy's payout ratio is currently 73.59%.
Hedge Funds Weigh In On OGE Energy
Several large investors have recently modified their holdings of OGE. Capital A Wealth Management LLC raised its position in shares of OGE Energy by 5,157.1% in the second quarter. Capital A Wealth Management LLC now owns 736 shares of the utilities provider's stock valued at $33,000 after purchasing an additional 722 shares during the period. Quest 10 Wealth Builders Inc. grew its stake in OGE Energy by 618.3% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 783 shares of the utilities provider's stock valued at $33,000 after buying an additional 674 shares in the last quarter. State of Wyoming bought a new stake in OGE Energy during the 2nd quarter valued at $34,000. Golden State Wealth Management LLC lifted its position in shares of OGE Energy by 427.0% during the second quarter. Golden State Wealth Management LLC now owns 780 shares of the utilities provider's stock worth $35,000 after acquiring an additional 632 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd lifted its position in shares of OGE Energy by 49.4% during the third quarter. Caitong International Asset Management Co. Ltd now owns 771 shares of the utilities provider's stock worth $36,000 after acquiring an additional 255 shares in the last quarter. Hedge funds and other institutional investors own 71.84% of the company's stock.
Wall Street Analyst Weigh In
OGE has been the topic of a number of recent analyst reports. Barclays lowered their target price on OGE Energy from $51.00 to $49.00 and set an "overweight" rating on the stock in a research note on Thursday, January 22nd. Royal Bank Of Canada restated a "sector perform" rating on shares of OGE Energy in a report on Friday, January 23rd. UBS Group dropped their target price on shares of OGE Energy from $45.00 to $44.00 and set a "neutral" rating on the stock in a research note on Wednesday, December 17th. Wall Street Zen raised shares of OGE Energy from a "sell" rating to a "hold" rating in a research report on Saturday, January 24th. Finally, BMO Capital Markets initiated coverage on shares of OGE Energy in a research note on Tuesday, January 13th. They set a "market perform" rating and a $45.00 price target for the company. Five equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $47.63.
Check Out Our Latest Report on OGE Energy
About OGE Energy
(
Get 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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