ONEOK, Inc. $OKE Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. lessened its holdings in ONEOK, Inc. (NYSE:OKE) by 23.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 98,973 shares of the utilities provider’s stock after selling 30,755 shares during the quarter. Pacer Advisors Inc.’s holdings in ONEOK were worth $8,946,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Zions Bancorporation National Association UT boosted its position in shares of ONEOK by 73.3% during the 4th quarter. Zions Bancorporation National Association UT now owns 338 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 143 shares in the last quarter. Elyxium Wealth LLC acquired a new stake in shares of ONEOK during the 4th quarter worth about $29,000. Cornerstone Financial Management LLC purchased a new stake in ONEOK during the fourth quarter worth approximately $29,000. SRH Advisors LLC boosted its holdings in ONEOK by 122.3% in the fourth quarter. SRH Advisors LLC now owns 438 shares of the utilities provider’s stock valued at $32,000 after purchasing an additional 241 shares in the last quarter. Finally, Portus Wealth Advisors LLC acquired a new position in ONEOK in the first quarter valued at approximately $33,000. 69.13% of the stock is currently owned by institutional investors and hedge funds.

ONEOK Trading Down 0.8%

OKE opened at $87.51 on Wednesday. The company has a quick ratio of 0.56, a current ratio of 0.71 and a debt-to-equity ratio of 1.37. ONEOK, Inc. has a 52 week low of $64.02 and a 52 week high of $96.07. The business’s 50 day moving average is $88.91 and its two-hundred day moving average is $86.86. The firm has a market cap of $55.14 billion, a price-to-earnings ratio of 15.60, a price-to-earnings-growth ratio of 4.79 and a beta of 0.73.

ONEOK (NYSE:OKE) last posted its quarterly earnings data on Monday, August 3rd. The utilities provider reported $1.53 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.07. The business had revenue of $12.05 billion during the quarter, compared to the consensus estimate of $8.95 billion. ONEOK had a return on equity of 16.53% and a net margin of 9.29%.During the same period in the prior year, the company earned $1.34 earnings per share. ONEOK has set its FY 2026 guidance at 5.680-5.680 EPS. On average, research analysts predict that ONEOK, Inc. will post 5.63 EPS for the current year.

ONEOK Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Monday, August 3rd will be given a $1.07 dividend. The ex-dividend date is Monday, August 3rd. This represents a $4.28 annualized dividend and a yield of 4.9%. ONEOK’s dividend payout ratio is 76.29%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Scotiabank cut shares of ONEOK from a “sector outperform” rating to a “sector perform” rating and cut their price objective for the stock from $92.00 to $89.00 in a report on Thursday, April 30th. TD Cowen upped their target price on shares of ONEOK from $85.00 to $90.00 and gave the company a “hold” rating in a report on Thursday, July 16th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $103.00 target price (down from $113.00) on shares of ONEOK in a research report on Wednesday, July 29th. Raymond James Financial reiterated an “outperform” rating and set a $92.00 price target on shares of ONEOK in a research note on Thursday, April 30th. Finally, JPMorgan Chase & Co. upped their price objective on shares of ONEOK from $91.00 to $92.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Seven analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $91.81.

Key Stories Impacting ONEOK

Here are the key news stories impacting ONEOK this week:

• Positive Sentiment: ONEOK reported second-quarter EPS of $1.53, above the $1.46 consensus estimate and up from $1.34 a year earlier. Revenue reached $12.05 billion, substantially exceeding the $8.95 billion estimate. ONEOK Q2 Earnings & Sales Surpass Estimates on Record NGL Volumes
• Positive Sentiment: Net income increased 13% and adjusted EBITDA rose 7%, driven by record NGL raw-feed throughput. Gulf Coast and Permian throughput increased 15% year over year, highlighting continued demand for ONEOK’s gathering, processing and transportation infrastructure. ONEOK Announces Higher Second-Quarter 2026 Earnings
• Positive Sentiment: Management raised its 2026 financial guidance for the second time this year and completed a refined-products pipeline expansion linking Mid-Continent and Gulf Coast supplies with the Denver market and Denver International Airport. ONEOK boosts 2026 forecast
• Neutral Sentiment: ONEOK announced a $1.07-per-share cash dividend payable August 14, with August 3 as the ex-dividend date. The dividend reinforces income appeal but is unlikely to be a new catalyst after the ex-dividend date. ONEOK Inc’s Dividend Analysis
• Negative Sentiment: The updated 2026 EPS outlook of $5.68 is slightly below the approximately $5.72 analyst consensus cited in company guidance coverage. That modest gap may be prompting profit-taking even though the forecast was raised and quarterly results beat expectations. ONEOK Q2 Earnings and Revenues Beat Estimates

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.