Triune Financial Partners LLC Acquires Shares of 14,539 ONEOK, Inc. $OKE

Key Points

• Triune Financial Partners LLC acquired a new stake of 14,539 shares of ONEOK (NYSE:OKE) in Q4, worth about $1.151 million, representing roughly 0.3% of its portfolio and its 17th-largest holding.
• Several other institutions boosted positions—Principal Financial (+25,318 shares), Intact Investment (+29,000 shares, +56.3%) and Varma (+14,100 shares)—and institutional investors now own about 69.13% of ONEOK.
• ONEOK is trading near $90.76 with a $57.2B market cap; it reported $1.23 EPS for the quarter (missed by $0.07) but stronger revenue, set FY2026 guidance at 5.53 EPS, has an average analyst rating of Hold with a $91.19 target, and announced a $1.07 quarterly dividend (4.7% yield).

Triune Financial Partners LLC acquired a new stake in shares of ONEOK, Inc. (NYSE:OKE - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,539 shares of the utilities provider's stock, valued at approximately $1,151,000. ONEOK accounts for approximately 0.3% of Triune Financial Partners LLC's investment portfolio, making the stock its 17th largest holding.

A number of other large investors have also recently made changes to their positions in the stock. Principal Financial Group Inc. boosted its holdings in shares of ONEOK by 3.3% in the fourth quarter. Principal Financial Group Inc. now owns 801,771 shares of the utilities provider's stock worth $58,930,000 after acquiring an additional 25,318 shares during the period. Varma Mutual Pension Insurance Co grew its stake in shares of ONEOK by 8.4% in the fourth quarter. Varma Mutual Pension Insurance Co now owns 181,662 shares of the utilities provider's stock worth $13,352,000 after purchasing an additional 14,100 shares during the last quarter. Avidian Wealth Enterprises LLC boosted its position in ONEOK by 6.0% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 12,004 shares of the utilities provider's stock valued at $882,000 after acquiring an additional 684 shares in the last quarter. Intact Investment Management Inc. boosted its position in ONEOK by 56.3% during the 4th quarter. Intact Investment Management Inc. now owns 80,500 shares of the utilities provider's stock valued at $5,917,000 after acquiring an additional 29,000 shares in the last quarter. Finally, CENTRAL TRUST Co boosted its position in ONEOK by 1.2% during the 4th quarter. CENTRAL TRUST Co now owns 13,271 shares of the utilities provider's stock valued at $975,000 after acquiring an additional 158 shares in the last quarter. 69.13% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on OKE. TD Cowen boosted their price target on ONEOK from $80.00 to $85.00 and gave the stock a "hold" rating in a research report on Thursday, April 30th. Morgan Stanley boosted their price target on ONEOK from $104.00 to $113.00 and gave the stock an "overweight" rating in a research report on Tuesday, April 7th. Wolfe Research cut ONEOK from an "outperform" rating to a "peer perform" rating in a research report on Wednesday, February 25th. JPMorgan Chase & Co. cut ONEOK from an "overweight" rating to a "neutral" rating and dropped their price target for the stock from $87.00 to $83.00 in a research report on Tuesday, January 27th. Finally, Scotiabank cut ONEOK from a "sector outperform" rating to a "sector perform" rating and dropped their price target for the stock from $92.00 to $89.00 in a research report on Thursday. Seven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company's stock. According to data from MarketBeat.com, ONEOK presently has an average rating of "Hold" and an average price target of $91.19.

ONEOK Price Performance

Shares of NYSE OKE opened at $90.76 on Tuesday. The firm has a market cap of $57.18 billion, a P/E ratio of 16.18, a PEG ratio of 6.84 and a beta of 0.78. The company has a quick ratio of 0.56, a current ratio of 0.71 and a debt-to-equity ratio of 1.37. The company has a 50 day moving average of $87.11 and a 200 day moving average of $78.41. ONEOK, Inc. has a twelve month low of $64.02 and a twelve month high of $95.30.

ONEOK (NYSE:OKE - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.23 EPS for the quarter, missing the consensus estimate of $1.30 by ($0.07). The company had revenue of $9.62 billion during the quarter, compared to analysts' expectations of $8.23 billion. ONEOK had a return on equity of 16.06% and a net margin of 10.03%.During the same quarter last year, the company earned $1.04 earnings per share. ONEOK has set its FY 2026 guidance at 5.530-5.530 EPS. As a group, research analysts expect that ONEOK, Inc. will post 5.53 EPS for the current fiscal year.

ONEOK Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Monday, May 4th will be issued a $1.07 dividend. The ex-dividend date of this dividend is Monday, May 4th. This represents a $4.28 annualized dividend and a yield of 4.7%. ONEOK's dividend payout ratio is currently 76.29%.

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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