<div id="readability-page-1"><p>Voloridge Investment Management LLC acquired a new stake in shares of  ONE Gas, Inc. (NYSE:OGS - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities &amp; Exchange Commission. The firm acquired 18,791 shares of the utilities provider's stock, valued at approximately $1,301,000.</p><p>A number of other hedge funds have also made changes to their positions in OGS. Atria Wealth Solutions Inc. acquired a new position in  ONE Gas in the fourth quarter worth approximately $203,000.  KBC Group NV grew its position in  ONE Gas by 41.0% in the fourth quarter. KBC Group NV now owns 2,218 shares of the utilities provider's stock worth $154,000 after buying an additional 645 shares during the last quarter.  Charles Schwab Investment Management Inc. grew its position in  ONE Gas by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 783,238 shares of the utilities provider's stock worth $54,239,000 after buying an additional 24,860 shares during the last quarter.  Sanctuary Advisors LLC grew its position in  ONE Gas by 9.8% in the fourth quarter. Sanctuary Advisors LLC now owns 5,952 shares of the utilities provider's stock worth $420,000 after buying an additional 531 shares during the last quarter.  Finally, Raymond James Financial Inc. acquired a new position in  ONE Gas in the fourth quarter worth approximately $2,346,000. Institutional investors and hedge funds own  88.71% of the company's stock. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of research firms recently commented on OGS. LADENBURG THALM/SH SH raised shares of ONE Gas to a &#34;hold&#34; rating in a research note on Friday, May 9th. Wells Fargo &amp; Company raised their price objective on shares of ONE Gas from $82.00 to $89.00 and gave the stock an &#34;overweight&#34; rating in a research note on Wednesday, May 7th. Morgan Stanley decreased their price objective on shares of ONE Gas from $74.00 to $69.00 and set an &#34;equal weight&#34; rating for the company in a research note on Thursday, May 22nd. Wall Street Zen raised shares of ONE Gas from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research note on Wednesday, May 14th. Finally, Jefferies Financial Group raised shares of ONE Gas from a &#34;hold&#34; rating to a &#34;buy&#34; rating and lifted their target price for the company from $76.00 to $84.00 in a research note on Monday, April 7th. Six research analysts have rated the stock with a hold rating and three have assigned  a buy rating to the stock. Based on data from MarketBeat.com, the stock  has an average rating of &#34;Hold&#34; and a consensus price target of $75.81.</p><p><b>Check Out Our Latest Analysis on ONE Gas</b></p><h2>ONE Gas Trading Down 2.2%</h2><p>Shares of NYSE OGS opened at $73.52 on Thursday. The company's 50 day simple moving average is $75.75 and its 200 day simple moving average is $73.50. ONE Gas, Inc. has a fifty-two week low of $58.31 and a fifty-two week high of $82.25. The firm has a market capitalization of $4.41 billion, a P/E ratio of 18.80, a P/E/G ratio of 3.64 and a beta of 0.86. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.64 and a quick ratio of 0.37. </p><p>ONE Gas (NYSE:OGS - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The utilities provider reported $1.98 earnings per share for the quarter, beating the consensus estimate of $1.85 by $0.13. ONE Gas had a net margin of 10.70% and a return on equity of 7.70%. The business had revenue of $935.19 million for the quarter, compared to analyst estimates of $882.31 million. During the same period in the prior year, the business posted $1.75 earnings per share. ONE Gas's revenue was up 23.3% compared to the same quarter last year.  On average, analysts predict that  ONE Gas, Inc. will post 4.26 EPS for the current year. </p><h2>ONE Gas Announces Dividend</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 3.65%. The ex-dividend date of this dividend is Monday, May 19th. ONE Gas's dividend payout ratio  is 64.73%. </p><h2>ONE Gas Profile</h2> (Free Report)<p>ONE Gas, Inc, together with its subsidiaries, operates as a regulated natural gas distribution company in the United States. The company provides natural gas distribution services to approximately 2.3 million customers in Oklahoma, Kansas, and Texas. It serves residential, commercial, and transportation customers.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than ONE Gas</li><li>What is a Death Cross in Stocks?</li><li>Amer Sports: The New ONON and DECK of Consumer Discretionary?</li><li>Why is the Ex-Dividend Date Significant to Investors?</li><li>BigBear.ai: Risky AI Stock or Defense Tech Opportunity?</li><li>What Does a Gap Up Mean in Stocks? How to Play the Gap</li><li>Toyota Supercharges Joby: $250M Capital Infusion Ignites Stock  </li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9HUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9HUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in ONE Gas Right Now?</h2><p>Before you consider ONE Gas, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ONE Gas wasn't on the list.</p><p>While ONE Gas currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Voloridge Investment Management LLC has acquired a new stake in ONE Gas, Inc. (NYSE:OGS), purchasing 18,791 shares valued at approximately $1.3 million. Other hedge funds have also adjusted their positions in OGS. Analysts have mixed ratings on the stock, with a consensus hold rating and a price target of $75.81. ONE Gas reported strong quarterly earnings, beating estimates, and announced a quarterly dividend of $0.67 per share, reflecting a 3.65% yield.</p>

Voloridge Investment Management LLC Acquires New Stake in ONE Gas, Inc. (NYSE:OGS)