Vise Technologies Inc. Makes New $2.13 Million Investment in ONEOK, Inc. $OKE

Vise Technologies Inc. bought a new position in ONEOK, Inc. (NYSE:OKE) in the 2nd quarter, Holdings Channel.com reports. The firm bought 24,550 shares of the utilities provider’s stock, valued at approximately $2,134,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Zions Bancorporation National Association UT raised its holdings in ONEOK by 73.3% during the fourth quarter. Zions Bancorporation National Association UT now owns 338 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 143 shares in the last quarter. Elyxium Wealth LLC purchased a new stake in ONEOK in the 4th quarter valued at approximately $29,000. Cornerstone Financial Management LLC acquired a new position in ONEOK during the 4th quarter worth approximately $29,000. Portus Wealth Advisors LLC acquired a new position in ONEOK during the 1st quarter worth approximately $33,000. Finally, Wilkerson Advisory Group LLC raised its stake in shares of ONEOK by 51.4% during the 1st quarter. Wilkerson Advisory Group LLC now owns 392 shares of the utilities provider’s stock worth $35,000 after buying an additional 133 shares in the last quarter. 69.13% of the stock is currently owned by institutional investors and hedge funds.

ONEOK Stock Down 1.2%

OKE stock opened at $93.43 on Friday. The company’s 50 day simple moving average is $90.09 and its 200-day simple moving average is $88.20. The firm has a market capitalization of $58.90 billion, a PE ratio of 16.11, a P/E/G ratio of 2.64 and a beta of 0.73. ONEOK, Inc. has a 12 month low of $64.02 and a 12 month high of $97.90. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.74 and a quick ratio of 0.59.

ONEOK (NYSE:OKE) last issued its quarterly earnings data on Monday, August 3rd. The utilities provider reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.07. ONEOK had a net margin of 9.29% and a return on equity of 16.41%. The business had revenue of $12.05 billion during the quarter, compared to analysts’ expectations of $8.95 billion. During the same period last year, the company posted $1.34 EPS. ONEOK has set its FY 2026 guidance at 5.680-5.680 EPS. Equities analysts expect that ONEOK, Inc. will post 5.84 earnings per share for the current fiscal year.

ONEOK Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Monday, August 3rd were issued a $1.07 dividend. This represents a $4.28 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, August 3rd. ONEOK’s payout ratio is 73.79%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on OKE. Freedom Capital upgraded shares of ONEOK from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. JPMorgan Chase & Co. lifted their price objective on ONEOK from $91.00 to $92.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. TD Cowen boosted their target price on ONEOK from $85.00 to $90.00 and gave the stock a “hold” rating in a research report on Thursday, July 16th. Barclays lowered their target price on ONEOK from $90.00 to $88.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of ONEOK in a research report on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $91.94.

Trending Headlines about ONEOK

Here are the key news stories impacting ONEOK this week:

• Positive Sentiment: US Capital Advisors raised its EPS forecasts across multiple periods, including Q3 2026 to $1.56 from $1.45, FY2026 to $5.90 from $5.67, FY2027 to $6.36 from $6.12, and FY2028 to $7.22 from $6.97. The firm’s FY2026 estimate is above the $5.82 analyst consensus, suggesting stronger expected operating performance. MarketBeat ONEOK analyst estimates
• Positive Sentiment: The revisions also lifted forecasts for Q1 through Q4 2027, indicating that US Capital Advisors expects ONEOK’s earnings growth to continue beyond 2026.
• Positive Sentiment: Recent commentary describes ONEOK as a high-yield pipeline stock whose ongoing strength may be underestimated by investors, supporting the long-term income and growth narrative. High-Yield Pipeline Stock Investors Keep Underestimating
• Neutral Sentiment: Analysts maintain a consensus “Moderate Buy” rating for OKE, while Morgan Stanley has indicated that the stock could rise. These views provide support but do not represent new company-specific operating results. ONEOK Consensus Rating Morgan Stanley ONEOK Price Outlook
• Negative Sentiment: US Capital Advisors downgraded ONEOK from “Strong Buy” to “Moderate Buy.” Although the firm raised its earnings estimates, the less-optimistic rating may be pressuring the stock today, particularly after OKE’s recent strong run toward its 52-week high. Zacks ONEOK rating update

ONEOK Company 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.