SG Americas Securities LLC Buys 341,548 Shares of ONEOK, Inc. $OKE

SG Americas Securities LLC grew its stake in ONEOK, Inc. (NYSE:OKE) by 729.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 388,383 shares of the utilities provider’s stock after purchasing an additional 341,548 shares during the period. SG Americas Securities LLC owned about 0.06% of ONEOK worth $28,546,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in OKE. Brighton Jones LLC grew its stake in shares of ONEOK by 137.1% during the fourth quarter. Brighton Jones LLC now owns 15,278 shares of the utilities provider’s stock worth $1,534,000 after buying an additional 8,834 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of ONEOK by 0.8% in the 1st quarter. Empowered Funds LLC now owns 17,957 shares of the utilities provider’s stock valued at $1,782,000 after acquiring an additional 137 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in shares of ONEOK during the 1st quarter valued at $216,000. Jefferies Financial Group Inc. acquired a new stake in shares of ONEOK during the 2nd quarter valued at $1,120,000. Finally, CreativeOne Wealth LLC grew its position in ONEOK by 0.8% during the 2nd quarter. CreativeOne Wealth LLC now owns 19,034 shares of the utilities provider’s stock worth $1,554,000 after acquiring an additional 155 shares during the last quarter. 69.13% of the stock is owned by institutional investors.

ONEOK Trading Up 1.7%

NYSE OKE opened at $93.71 on Friday. The firm has a market capitalization of $59.01 billion, a PE ratio of 17.29, a price-to-earnings-growth ratio of 6.99 and a beta of 0.93. The business’s 50-day moving average price is $83.51 and its two-hundred day moving average price is $75.67. The company has a current ratio of 0.71, a quick ratio of 0.56 and a debt-to-equity ratio of 1.36. ONEOK, Inc. has a 12 month low of $64.02 and a 12 month high of $101.27.

ONEOK (NYSE:OKE) last issued its quarterly earnings data on Monday, February 23rd. The utilities provider reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.50 by $0.05. The company had revenue of $9.07 billion during the quarter, compared to the consensus estimate of $8.77 billion. ONEOK had a return on equity of 15.29% and a net margin of 10.09%.During the same period last year, the company earned $1.57 earnings per share. ONEOK has set its FY 2026 guidance at 5.040-5.870 EPS. On average, analysts expect that ONEOK, Inc. will post 5.07 EPS for the current year.

ONEOK Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Monday, February 2nd were issued a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a yield of 4.6%. The ex-dividend date was Monday, February 2nd. This is a positive change from ONEOK’s previous quarterly dividend of $1.03. ONEOK’s dividend payout ratio (DPR) is 78.97%.

ONEOK News Summary

Here are the key news stories impacting ONEOK this week:

• Positive Sentiment: Wells Fargo upgraded ONEOK to Overweight and raised its price target to $100 (from $81), giving the stock fresh upside implied by a higher target and signaling stronger conviction in near‑term growth prospects. Wall Street Raises ONEOK Price Target to $100
• Positive Sentiment: Broker research (Wells Fargo, Jefferies) highlighted ONEOK’s Eiger Express pipeline expansion and the Bighorn processing plant as tangible volume-capture catalysts from the Permian, reframing ONEOK’s midstream role and supporting expectations for higher throughput and fee revenue. Is ONEOK (OKE) Quietly Reframing Its Midstream Role With The Eiger Express Expansion?
• Positive Sentiment: Geopolitical developments that boost U.S. LPG export demand prompted analysts to lift coverage for LPG-linked names including ONEOK—an external demand tailwind that could increase utilization and revenues for its NGL/pipeline assets. Enterprise Products, ONEOK raised at Wells Fargo as war boost seen for US LPG exporters
• Positive Sentiment: Recent quarterly results beat consensus (EPS beat and strong revenue) and ONEOK’s FY2026 EPS guidance (5.04–5.87) provide fundamental support for higher valuations and help explain analyst optimism.
• Neutral Sentiment: Truist initiated coverage of ONEOK with a Hold recommendation — this brings additional institutional coverage but signals limited near-term conviction from Truist compared with recent buy-side upgrades. Truist Financial Initiates Coverage on ONEOK (NYSE:OKE)
• Neutral Sentiment: Brokers published Q1 earnings predictions for ONEOK; analysts are parsing volumes and NGL spreads but there are no consensus adjustments large enough yet to change near-term guidance. Brokers Offer Predictions for ONEOK’s Q1 Earnings (NYSE:OKE)
• Neutral Sentiment: ONEOK announced the retirement of two board members effective May 20 (routine director retirements under policy/election), a governance update that is not expected to materially affect operations. ONEOK Announces Board Transitions
• Neutral Sentiment: Market commentary noted OKE’s run (~+9.7% since the last earnings report) and discussed whether momentum is sustainable; this is a mixed signal—positive momentum but raises questions about near-term upside left to capture. Oneok (OKE) Up 9.7% Since Last Earnings Report: Can It Continue?

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Scotiabank reaffirmed an “outperform” rating and issued a $91.00 target price on shares of ONEOK in a report on Friday, January 16th. Morgan Stanley restated an “overweight” rating and set a $104.00 price target on shares of ONEOK in a report on Wednesday, January 28th. UBS Group lowered their price objective on ONEOK from $114.00 to $103.00 and set a “buy” rating for the company in a research note on Thursday, January 22nd. Royal Bank Of Canada raised their price objective on shares of ONEOK from $79.00 to $84.00 and gave the company a “sector perform” rating in a report on Thursday, March 19th. Finally, Truist Financial initiated coverage on shares of ONEOK in a report on Tuesday. They set a “hold” rating and a $91.00 target price on the stock. Nine investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, ONEOK currently has a consensus rating of “Moderate Buy” and an average price target of $88.94.

About ONEOK

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.