Greenland Capital Management LP Purchases New Shares in ONEOK, Inc. $OKE

Greenland Capital Management LP purchased a new stake in shares of ONEOK, Inc. (NYSE:OKE) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 8,852 shares of the utilities provider’s stock, valued at approximately $646,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Winnow Wealth LLC purchased a new position in shares of ONEOK during the 3rd quarter worth approximately $28,000. City Holding Co. purchased a new position in shares of ONEOK in the 3rd quarter valued at approximately $28,000. Global Wealth Strategies & Associates bought a new stake in shares of ONEOK during the third quarter valued at approximately $29,000. Financial Consulate Inc. purchased a new stake in ONEOK in the third quarter worth $29,000. Finally, Access Investment Management LLC bought a new position in ONEOK in the second quarter worth $33,000. 69.13% of the stock is currently owned by hedge funds and other institutional investors.

More ONEOK News

Here are the key news stories impacting ONEOK this week:

• Positive Sentiment: Q4 results beat estimates: EPS $1.55 vs. $1.50 consensus, full‑year net income +11% and adjusted EBITDA +18%, demonstrating solid operating performance. ONEOK Announces Higher Full-Year 2025 Earnings
• Positive Sentiment: Management framed 2025 as a “defining year” — delivering double‑digit earnings growth, margin expansion, integration of acquisitions and a stronger balance sheet, which supports a long‑term growth story. ONEOK (OKE) Q4 2025 Earnings Call Transcript
• Positive Sentiment: ONEOK highlighted shareholder returns (dividend increases referenced in coverage) and reiterated disciplined capital allocation, which is supportive for income‑oriented investors. ONEOK (OKE) Q4 2025 Earnings: What You Need to Know
• Neutral Sentiment: Shares have run up YTD and analysts are re‑examining valuation after the rally; this raises sensitivity to guidance and forward estimates. Is It Time To Reassess ONEOK (OKE) After Its Mixed Share Price Performance
• Negative Sentiment: FY‑2026 EPS guidance of $5.040–$5.870 was below consensus (~$5.83 at announcement), and investors cited the tepid guidance as the primary reason for the share decline. Why Oneok Fell Today
• Negative Sentiment: Segment weakness: Reuters highlights a drop in natural gas transportation earnings tied to a 2024 interstate pipeline divestiture, which weighed on quarterly profit. ONEOK quarterly profit falls as pipeline divestiture impacts gas segment earnings

ONEOK Trading Down 5.1%

NYSE:OKE opened at $82.89 on Wednesday. The stock has a market cap of $52.16 billion, a price-to-earnings ratio of 15.29, a PEG ratio of 4.90 and a beta of 0.96. The company has a quick ratio of 0.75, a current ratio of 0.90 and a debt-to-equity ratio of 1.44. The company’s 50 day moving average price is $77.52 and its 200-day moving average price is $73.79. ONEOK, Inc. has a 52 week low of $64.02 and a 52 week high of $103.64.

ONEOK (NYSE:OKE) last announced its quarterly earnings data on Monday, February 23rd. The utilities provider reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.50 by $0.05. ONEOK had a net margin of 10.09% and a return on equity of 15.38%. The company had revenue of $9.07 billion during the quarter, compared to analyst estimates of $8.77 billion. During the same period in the previous year, the business earned $1.57 EPS. ONEOK has set its FY 2026 guidance at 5.040-5.870 EPS. On average, equities research analysts forecast that ONEOK, Inc. will post 5.07 earnings per share for the current fiscal year.

ONEOK Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Monday, February 2nd were given a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a dividend yield of 5.2%. This is a boost from ONEOK’s previous quarterly dividend of $1.03. The ex-dividend date of this dividend was Monday, February 2nd. ONEOK’s payout ratio is 78.97%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Wells Fargo & Company dropped their target price on shares of ONEOK from $90.00 to $82.00 and set an “equal weight” rating on the stock in a report on Thursday, October 30th. TD Cowen dropped their price objective on shares of ONEOK from $78.00 to $76.00 and set a “hold” rating on the stock in a research note on Thursday, October 30th. Morgan Stanley reaffirmed an “overweight” rating and set a $104.00 target price on shares of ONEOK in a research note on Wednesday, January 28th. Stifel Nicolaus set a $94.00 price target on ONEOK in a research report on Thursday, October 30th. Finally, Citigroup reduced their price objective on ONEOK from $102.00 to $95.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Seven investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, ONEOK presently has a consensus rating of “Hold” and an average price target of $86.27.

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.