Quantinno Capital Management LP Has $39.27 Million Stock Holdings in ONEOK, Inc. $OKE

Quantinno Capital Management LP boosted its stake in ONEOK, Inc. (NYSE:OKE) by 34.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 434,418 shares of the utilities provider’s stock after acquiring an additional 110,911 shares during the quarter. Quantinno Capital Management LP’s holdings in ONEOK were worth $39,267,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of OKE. Clearstead Trust LLC lifted its stake in shares of ONEOK by 4.7% in the 1st quarter. Clearstead Trust LLC now owns 2,632 shares of the utilities provider’s stock valued at $238,000 after acquiring an additional 117 shares during the last quarter. Hoxton Planning & Management LLC grew its position in ONEOK by 2.3% during the 4th quarter. Hoxton Planning & Management LLC now owns 5,372 shares of the utilities provider’s stock worth $395,000 after acquiring an additional 120 shares during the last quarter. Welch Group LLC grew its position in ONEOK by 0.8% during the 1st quarter. Welch Group LLC now owns 14,859 shares of the utilities provider’s stock worth $1,343,000 after acquiring an additional 122 shares during the last quarter. Disciplined Investments LLC increased its holdings in ONEOK by 0.6% in the 4th quarter. Disciplined Investments LLC now owns 21,577 shares of the utilities provider’s stock worth $1,586,000 after purchasing an additional 125 shares in the last quarter. Finally, Meeder Asset Management Inc. raised its position in ONEOK by 46.0% in the first quarter. Meeder Asset Management Inc. now owns 400 shares of the utilities provider’s stock valued at $36,000 after purchasing an additional 126 shares during the last quarter. Institutional investors own 69.13% of the company’s stock.

ONEOK News Roundup

Here are the key news stories impacting ONEOK this week:

• Positive Sentiment: ONEOK’s earnings outlook received a boost from US Capital Advisors, which raised its EPS forecasts for the third quarter of 2026, each quarter of fiscal 2027, fiscal 2027 overall, and fiscal 2028. The firm now expects $6.12 in FY2027 EPS and $6.97 in FY2028, up from $6.03 and $6.88, respectively. MarketBeat ONEOK analyst estimates
• Positive Sentiment: Analysts expect rising natural-gas demand, stronger processing volumes and stable fee-based revenue to support ONEOK’s second-quarter performance. These factors could reinforce the company’s relatively predictable midstream cash flows ahead of its earnings release. ONEOK Gears Up to Report Q2 Earnings
• Neutral Sentiment: Wall Street’s pre-earnings analysis is focused on key operating metrics beyond revenue and EPS, including volumes, processing activity and fee-based contributions. The estimates set a higher bar for ONEOK’s report and could increase volatility if results or guidance diverge. Wall Street’s Insights Into Key Metrics Ahead of ONEOK Q2 Earnings
• Negative Sentiment: Morgan Stanley downgraded ONEOK because of concerns about the company’s growth profile, while expressing a preference for rival Targa Resources. The downgrade is the clearest near-term negative catalyst and may be encouraging investors to reassess ONEOK’s valuation and growth prospects. ONEOK Cut at Morgan Stanley on Growth Concerns

ONEOK Trading Down 1.0%

NYSE OKE opened at $89.07 on Friday. The business’s 50-day moving average price is $89.16 and its two-hundred day moving average price is $86.55. ONEOK, Inc. has a 12 month low of $64.02 and a 12 month high of $96.07. The firm has a market capitalization of $56.13 billion, a PE ratio of 15.88, a price-to-earnings-growth ratio of 4.87 and a beta of 0.73. The company has a current ratio of 0.71, a quick ratio of 0.56 and a debt-to-equity ratio of 1.37.

ONEOK (NYSE:OKE) last issued its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.30 by ($0.07). ONEOK had a net margin of 10.03% and a return on equity of 16.06%. The company had revenue of $9.62 billion during the quarter, compared to analyst estimates of $8.23 billion. During the same period in the previous year, the company posted $1.04 EPS. On average, analysts expect that ONEOK, Inc. will post 5.65 EPS for the current year.

ONEOK Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Monday, August 3rd will be given a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Monday, August 3rd. ONEOK’s dividend payout ratio is currently 76.29%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on OKE shares. Scotiabank lowered ONEOK from a “sector outperform” rating to a “sector perform” rating and cut their price target for the company from $92.00 to $89.00 in a research note on Thursday, April 30th. Royal Bank Of Canada upped their price objective on ONEOK from $84.00 to $90.00 and gave the company a “sector perform” rating in a research note on Tuesday, July 21st. Raymond James Financial reiterated an “outperform” rating and issued a $92.00 price objective on shares of ONEOK in a report on Thursday, April 30th. Citigroup boosted their target price on shares of ONEOK from $95.00 to $97.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Finally, Weiss Ratings upgraded shares of ONEOK from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. Seven analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat, ONEOK presently has a consensus rating of “Hold” and a consensus target price of $91.81.

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.