Pictet Asset Management Holding SA Buys 295,932 Shares of OGE Energy Corporation $OGE

Pictet Asset Management Holding SA raised its stake in shares of OGE Energy Corporation (NYSE:OGE) by 915.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 328,260 shares of the utilities provider’s stock after purchasing an additional 295,932 shares during the period. Pictet Asset Management Holding SA’s holdings in OGE Energy were worth $14,017,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in OGE. Millennium Management LLC boosted its holdings in shares of OGE Energy by 843.6% during the 3rd quarter. Millennium Management LLC now owns 819,492 shares of the utilities provider’s stock valued at $37,918,000 after purchasing an additional 732,641 shares during the last quarter. Qube Research & Technologies Ltd boosted its holdings in shares of OGE Energy by 305.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 537,908 shares of the utilities provider’s stock valued at $24,889,000 after purchasing an additional 405,113 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of OGE Energy by 54.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,043,657 shares of the utilities provider’s stock valued at $47,966,000 after purchasing an additional 367,960 shares during the last quarter. Aventail Capital Group LP boosted its holdings in shares of OGE Energy by 68.1% during the 3rd quarter. Aventail Capital Group LP now owns 864,588 shares of the utilities provider’s stock valued at $40,004,000 after purchasing an additional 350,342 shares during the last quarter. Finally, AQR Capital Management LLC boosted its holdings in shares of OGE Energy by 48.2% during the 3rd quarter. AQR Capital Management LLC now owns 1,001,028 shares of the utilities provider’s stock valued at $46,177,000 after purchasing an additional 325,701 shares during the last quarter. Institutional investors own 71.84% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on OGE shares. Mizuho set a $49.00 price objective on shares of OGE Energy in a report on Thursday, February 19th. Weiss Ratings reissued a “buy (b-)” rating on shares of OGE Energy in a report on Monday, April 6th. Barclays upped their target price on shares of OGE Energy from $49.00 to $51.00 and gave the company an “overweight” rating in a research report on Monday, April 20th. Wells Fargo & Company upped their target price on shares of OGE Energy from $47.00 to $48.00 and gave the company an “equal weight” rating in a research report on Thursday. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of OGE Energy in a research report on Friday, January 23rd. Four investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, OGE Energy currently has an average rating of “Hold” and an average price target of $49.38.

Insider Activity

In other news, Director Lyle G. Ganske purchased 10,420 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The shares were bought at an average cost of $47.99 per share, for a total transaction of $500,055.80. Following the acquisition, the director owned 10,420 shares of the company’s stock, valued at approximately $500,055.80. This trade represents a ? increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Sarah R. Stafford sold 6,130 shares of the company’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $47.77, for a total transaction of $292,830.10. Following the transaction, the chief accounting officer owned 28,559 shares in the company, valued at $1,364,263.43. The trade was a 17.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.57% of the company’s stock.

Key OGE Energy News

Here are the key news stories impacting OGE Energy this week:

• Positive Sentiment: Landmark customer win — OG&E (OGE’s operating unit) signed contracts to power three new Google data centers in Oklahoma, which should add long?term demand, revenue visibility and support future rate base growth. The company said the agreements include customer protections that help manage local rate impact. OG&E Announces Landmark Contract with Google
• Positive Sentiment: Earnings clarity — OGE reported Q1 results and reiterated its 2026 EPS outlook (roughly $2.43), with revenue above expectations, which reduces near?term earnings uncertainty and supports management’s guidance. OGE reaffirms 2026 EPS guidance
• Neutral Sentiment: Long?term growth plan — OGE is pushing a multiyear capital program (~$7.29B) to expand infrastructure and support renewables and customer growth; this underpins future rate base and earnings but requires substantial execution. OGE’s growth and investment plan
• Neutral Sentiment: Analyst view — Wells Fargo nudged its price target slightly higher but kept an “equal weight” rating, signaling limited near?term upside per that shop. Wells Fargo price target note
• Neutral Sentiment: Peer comparison — Analyst pieces comparing OGE to PG&E (PCG) frame OGE as a steadier regulated growth story; useful for value investors weighing relative risk and valuation but not an immediate catalyst. PCG vs. OGE comparison
• Negative Sentiment: Execution & cost risk — Analysts and company commentary flag supply?chain constraints and rising project costs that could delay capital projects or raise near?term spending, pressuring margins and the timing of rate recovery. This is the main offset to the positive commercial news. Supply-chain and cost concerns

OGE Energy Stock Down 1.1%

Shares of NYSE OGE opened at $48.26 on Friday. The firm’s 50-day moving average price is $48.05 and its 200-day moving average price is $45.56. The company has a current ratio of 0.66, a quick ratio of 0.49 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $9.96 billion, a price-to-earnings ratio of 21.54, a P/E/G ratio of 3.62 and a beta of 0.55. OGE Energy Corporation has a 12-month low of $41.69 and a 12-month high of $50.13.

OGE Energy (NYSE:OGE) last announced its earnings results on Wednesday, April 29th. The utilities provider reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. The firm had revenue of $752.60 million for the quarter, compared to analysts’ expectations of $616.02 million. OGE Energy had a net margin of 14.03% and a return on equity of 9.47%. The business’s revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.31 EPS. OGE Energy has set its FY 2026 guidance at 2.38-2.48 EPS. On average, equities research analysts anticipate that OGE Energy Corporation will post 2.42 EPS for the current fiscal year.

OGE Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Monday, April 6th were issued a dividend of $0.425 per share. This represents a $1.70 annualized dividend and a yield of 3.5%. The ex-dividend date was Monday, April 6th. OGE Energy’s dividend payout ratio is presently 73.59%.

About OGE Energy

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.