30,843 Shares in ONEOK, Inc. $OKE Bought by EP Wealth Advisors LLC

EP Wealth Advisors LLC bought a new stake in shares of ONEOK, Inc. (NYSE:OKE - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 30,843 shares of the utilities provider's stock, valued at approximately $2,681,000.

A number of other hedge funds have also recently bought and sold shares of OKE. Zions Bancorporation National Association UT raised its position in shares of ONEOK by 73.3% during the fourth quarter. Zions Bancorporation National Association UT now owns 338 shares of the utilities provider's stock valued at $25,000 after buying an additional 143 shares during the last quarter. Elyxium Wealth LLC bought a new stake in shares of ONEOK in the fourth quarter valued at about $29,000. Cornerstone Financial Management LLC acquired a new stake in ONEOK during the fourth quarter worth about $29,000. Portus Wealth Advisors LLC acquired a new stake in ONEOK during the first quarter worth about $33,000. Finally, Wilkerson Advisory Group LLC increased its stake in ONEOK by 51.4% during the first quarter. Wilkerson Advisory Group LLC now owns 392 shares of the utilities provider's stock valued at $35,000 after acquiring an additional 133 shares during the period. 69.13% of the stock is owned by institutional investors.

ONEOK Stock Performance

NYSE:OKE opened at $93.43 on Friday. The firm has a market capitalization of $58.90 billion, a PE ratio of 16.11, a price-to-earnings-growth ratio of 2.60 and a beta of 0.73. The company has a quick ratio of 0.59, a current ratio of 0.74 and a debt-to-equity ratio of 1.34. ONEOK, Inc. has a 12-month low of $64.02 and a 12-month high of $97.90. The firm has a 50-day moving average price of $90.09 and a 200 day moving average price of $88.20.

ONEOK (NYSE:OKE - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The utilities provider reported $1.53 earnings per share for the quarter, beating analysts' consensus estimates of $1.46 by $0.07. ONEOK had a return on equity of 16.41% and a net margin of 9.29%.The company had revenue of $12.05 billion for the quarter, compared to the consensus estimate of $8.95 billion. During the same period in the previous year, the business earned $1.34 earnings per share. ONEOK has set its FY 2026 guidance at 5.680-5.680 EPS. Research analysts anticipate that ONEOK, Inc. will post 5.84 earnings per share for the current fiscal year.

ONEOK Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were given a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Monday, August 3rd. ONEOK's dividend payout ratio (DPR) is 73.79%.

Key Stories Impacting ONEOK

Here are the key news stories impacting ONEOK this week:

• Positive Sentiment: US Capital Advisors raised its EPS forecasts across multiple periods, including Q3 2026 to $1.56 from $1.45, FY2026 to $5.90 from $5.67, FY2027 to $6.36 from $6.12, and FY2028 to $7.22 from $6.97. The firm’s FY2026 estimate is above the $5.82 analyst consensus, suggesting stronger expected operating performance. MarketBeat ONEOK analyst estimates
• Positive Sentiment: The revisions also lifted forecasts for Q1 through Q4 2027, indicating that US Capital Advisors expects ONEOK’s earnings growth to continue beyond 2026.
• Positive Sentiment: Recent commentary describes ONEOK as a high-yield pipeline stock whose ongoing strength may be underestimated by investors, supporting the long-term income and growth narrative. High-Yield Pipeline Stock Investors Keep Underestimating
• Neutral Sentiment: Analysts maintain a consensus “Moderate Buy” rating for OKE, while Morgan Stanley has indicated that the stock could rise. These views provide support but do not represent new company-specific operating results. ONEOK Consensus Rating Morgan Stanley ONEOK Price Outlook
• Negative Sentiment: US Capital Advisors downgraded ONEOK from “Strong Buy” to “Moderate Buy.” Although the firm raised its earnings estimates, the less-optimistic rating may be pressuring the stock today, particularly after OKE’s recent strong run toward its 52-week high. Zacks ONEOK rating update

Analyst Ratings Changes

OKE has been the subject of several recent research reports. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of ONEOK in a report on Thursday, August 13th. US Capital Advisors lowered ONEOK from a "strong-buy" rating to a "moderate buy" rating in a report on Thursday. Morgan Stanley boosted their price objective on ONEOK from $103.00 to $105.00 and gave the company an "equal weight" rating in a research report on Tuesday, August 18th. Citigroup upped their target price on ONEOK from $95.00 to $97.00 and gave the company a "buy" rating in a research note on Thursday, May 7th. Finally, Truist Financial raised their target price on ONEOK from $91.00 to $93.00 and gave the stock a "hold" rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $91.94.

ONEOK Profile

ONEOK, Inc NYSE: OKE is a publicly traded midstream energy company headquartered in Tulsa, Oklahoma. The company owns and operates a portfolio of natural gas and natural gas liquids (NGL) pipelines, processing facilities, fractionators and storage and terminal assets. Its operations are focused on gathering, processing, transporting, fractionating and marketing NGLs and interstate natural gas, providing critical infrastructure that connects hydrocarbon production to refineries, petrochemical plants and other end markets.

ONEOK's asset base includes pipeline systems and processing plants that move and condition natural gas, along with infrastructure for the transportation, storage and fractionation of NGLs such as ethane, propane and butane.

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