Compass Financial Management LLC Buys Shares of 31,191 ONEOK, Inc. $OKE

Key Points

• Compass Financial Management purchased 31,191 shares of ONEOK worth approximately $2.7 million in the second quarter. Institutional investors collectively own 69.13% of the company.
• Analysts maintain a consensus “Moderate Buy” rating with a $91.94 price target, while individual firms issued mixed updates, including higher earnings forecasts but a downgrade from “Strong Buy” to “Moderate Buy.”
• ONEOK recently exceeded quarterly EPS expectations, reporting $1.53 versus the $1.46 consensus, and pays a quarterly dividend of $1.07 per share, equivalent to a 4.6% annual yield.

Compass Financial Management LLC bought a new stake in ONEOK, Inc. (NYSE:OKE - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 31,191 shares of the utilities provider's stock, valued at approximately $2,713,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Triune Financial Partners LLC bought a new position in ONEOK in the fourth quarter valued at about $1,151,000. Swiss Life Asset Management Ltd raised its stake in ONEOK by 219.5% during the fourth quarter. Swiss Life Asset Management Ltd now owns 1,522,404 shares of the utilities provider's stock worth $111,897,000 after acquiring an additional 1,045,976 shares in the last quarter. Castle Rock Wealth Management LLC lifted its holdings in shares of ONEOK by 360.0% in the fourth quarter. Castle Rock Wealth Management LLC now owns 36,216 shares of the utilities provider's stock worth $2,815,000 after acquiring an additional 28,343 shares during the last quarter. First Eagle Investment Management LLC lifted its holdings in shares of ONEOK by 46.3% in the fourth quarter. First Eagle Investment Management LLC now owns 11,365,304 shares of the utilities provider's stock worth $835,350,000 after acquiring an additional 3,596,089 shares during the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp boosted its stake in shares of ONEOK by 3.5% in the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,297,858 shares of the utilities provider's stock valued at $168,943,000 after purchasing an additional 77,019 shares in the last quarter. Institutional investors own 69.13% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on OKE. Citigroup lifted their price target on shares of ONEOK from $95.00 to $97.00 and gave the company a "buy" rating in a report on Thursday, May 7th. US Capital Advisors downgraded shares of ONEOK from a "strong-buy" rating to a "moderate buy" rating in a research note on Thursday. Freedom Capital upgraded shares of ONEOK from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 5th. Raymond James Financial reaffirmed an "outperform" rating and set a $92.00 target price on shares of ONEOK in a research note on Thursday, April 30th. Finally, Scotiabank downgraded shares of ONEOK from a "sector outperform" rating to a "sector perform" rating and lowered their price target for the stock from $92.00 to $89.00 in a report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $91.94.

ONEOK News Roundup

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 Stock Performance

NYSE:OKE opened at $93.43 on Friday. The stock's 50-day moving average is $90.09 and its 200-day moving average is $88.20. ONEOK, Inc. has a 1-year low of $64.02 and a 1-year high of $97.90. The company has a current ratio of 0.74, a quick ratio of 0.59 and a debt-to-equity ratio of 1.34. The stock has a market cap of $58.90 billion, a P/E ratio of 16.11, a price-to-earnings-growth ratio of 2.60 and a beta of 0.73.

ONEOK (NYSE:OKE - Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The utilities provider reported $1.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.46 by $0.07. ONEOK had a net margin of 9.29% and a return on equity of 16.41%. The business had revenue of $12.05 billion during the quarter, compared to analyst estimates of $8.95 billion. During the same quarter last year, the business earned $1.34 EPS. ONEOK has set its FY 2026 guidance at 5.680-5.680 EPS. Equities research analysts anticipate that ONEOK, Inc. will post 5.84 earnings per share for the current 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 paid a dividend of $1.07 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $4.28 annualized dividend and a dividend yield of 4.6%. ONEOK's dividend payout ratio (DPR) is presently 73.79%.

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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