B. Metzler seel. Sohn & Co. AG Purchases New Stake in ONEOK, Inc. $OKE

Key Points

• B. Metzler seel. Sohn & Co. AG acquired 65,020 ONEOK shares during the second quarter, valued at approximately $5.65 million. Institutional investors collectively own 69.13% of the company.
• ONEOK reported quarterly earnings of $1.53 per share, exceeding the $1.46 consensus estimate, while revenue reached $12.05 billion versus expectations of $8.95 billion.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $91.94. ONEOK also pays a quarterly dividend of $1.07, equivalent to an annualized yield of about 4.6%.

B. Metzler seel. Sohn & Co. AG purchased a new position in ONEOK, Inc. (NYSE:OKE - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 65,020 shares of the utilities provider's stock, valued at approximately $5,653,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of OKE. Zions Bancorporation National Association UT boosted 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 purchasing an additional 143 shares in the last quarter. Elyxium Wealth LLC bought a new stake in shares of ONEOK during the 4th quarter valued at $29,000. Cornerstone Financial Management LLC purchased a new stake in shares of ONEOK in the 4th quarter worth about $29,000. Portus Wealth Advisors LLC bought a new position in shares of ONEOK in the 1st quarter worth about $33,000. Finally, Wilkerson Advisory Group LLC lifted its position in ONEOK by 51.4% during the 1st 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.

Wall Street Analysts Forecast Growth

OKE has been the subject of a number of analyst reports. Truist Financial raised their price objective on ONEOK from $91.00 to $93.00 and gave the company a "hold" rating in a research report on Monday, May 4th. Wall Street Zen raised ONEOK from a "sell" rating to a "hold" rating in a report on Sunday, August 9th. Raymond James Financial restated an "outperform" rating and set a $92.00 price target on shares of ONEOK in a report on Thursday, April 30th. Citigroup lifted their price target on ONEOK from $95.00 to $97.00 and gave the stock a "buy" rating in a research report on Thursday, May 7th. Finally, TD Cowen upped their price target on shares of ONEOK from $85.00 to $90.00 and gave the stock a "hold" rating in a research note on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, ONEOK has a consensus rating of "Moderate Buy" and a consensus target price of $91.94.

ONEOK Stock Down 1.2%

NYSE OKE opened at $93.43 on Friday. The stock has a 50 day moving average price of $90.09 and a 200-day moving average price of $88.20. ONEOK, Inc. has a one year low of $64.02 and a one year high of $97.90. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.59 and a current ratio of 0.74. The company has a market capitalization of $58.90 billion, a P/E ratio of 16.11, a P/E/G ratio of 2.64 and a beta of 0.73.

ONEOK (NYSE:OKE - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The utilities provider reported $1.53 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $8.95 billion. During the same quarter in the prior year, the firm posted $1.34 EPS. ONEOK has set its FY 2026 guidance at 5.680-5.680 EPS. As a group, equities analysts predict that ONEOK, Inc. will post 5.84 EPS for the current fiscal year.

ONEOK Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Monday, August 3rd were issued a $1.07 dividend. The ex-dividend date was Monday, August 3rd. This represents a $4.28 annualized dividend and a dividend yield of 4.6%. ONEOK's payout ratio is currently 73.79%.

More ONEOK News

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

ONEOK Company 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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