ONEOK, Inc. $OKE Shares Bought by Cohen & Steers Inc.

Posted by Brenda Bartman on Jun 13th, 2026

Cohen & Steers Inc. grew its stake in shares of ONEOK, Inc. (NYSE:OKE – Free Report) by 20.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 347,744 shares of the utilities provider’s stock after purchasing an additional 59,400 shares during the quarter. Cohen & Steers Inc.’s holdings in ONEOK were worth $25,559,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of OKE. Brighton Jones LLC lifted 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 purchasing an additional 8,834 shares in the last quarter. Empowered Funds LLC lifted its stake in shares of ONEOK by 0.8% during the first quarter. Empowered Funds LLC now owns 17,957 shares of the utilities provider’s stock worth $1,782,000 after purchasing an additional 137 shares in the last quarter. Acadian Asset Management LLC acquired a new position in shares of ONEOK during the first quarter worth about $216,000. Federated Hermes Inc. lifted its stake in shares of ONEOK by 14.0% during the second quarter. Federated Hermes Inc. now owns 3,120 shares of the utilities provider’s stock worth $255,000 after purchasing an additional 383 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its stake in shares of ONEOK by 3.9% during the second quarter. NewEdge Advisors LLC now owns 130,347 shares of the utilities provider’s stock worth $10,640,000 after purchasing an additional 4,902 shares in the last quarter. Institutional investors and hedge funds own 69.13% of the company’s stock.

ONEOK Trading Up 1.3%

Shares of NYSE OKE opened at $90.40 on Friday. The stock’s 50 day moving average price is $88.31 and its two-hundred day moving average price is $82.58. ONEOK, Inc. has a 52-week low of $64.02 and a 52-week high of $96.07. The stock has a market capitalization of $56.95 billion, a P/E ratio of 16.11, a PEG ratio of 6.67 and a beta of 0.74. 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 (NYSE:OKE – Get Free Report) last announced its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.23 earnings per share (EPS) 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 firm had revenue of $9.62 billion for the quarter, compared to analyst estimates of $8.23 billion. During the same quarter in the previous year, the company earned $1.04 EPS. ONEOK has set its FY 2026 guidance at 5.530-5.530 EPS. On average, analysts anticipate that ONEOK, Inc. will post 5.72 earnings per share for the current fiscal year.

ONEOK Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 4th were paid a dividend of $1.07 per share. The ex-dividend date was Monday, May 4th. This represents a $4.28 annualized dividend and a yield of 4.7%. ONEOK’s dividend payout ratio is presently 76.29%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on OKE. Wells Fargo & Company reduced their price objective on ONEOK from $100.00 to $98.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Royal Bank Of Canada boosted their price objective on ONEOK from $79.00 to $84.00 and gave the stock a “sector perform” rating in a research note on Thursday, March 19th. Jefferies Financial Group boosted their price objective on ONEOK from $98.00 to $100.00 and gave the stock a “buy” rating in a research note on Wednesday, April 8th. Citigroup boosted their price objective on ONEOK from $95.00 to $97.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Scotiabank cut ONEOK from a “sector outperform” rating to a “sector perform” rating and cut their price target for the stock from $92.00 to $89.00 in a research note on Thursday, April 30th. Eight analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $91.88.

Read Our Latest Report on ONEOK

ONEOK Company Profile

(Free Report)

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.

ONEOK, Inc. $OKE Shares Bought by Cohen & Steers Inc.

ONEOK Trading Up 1.3%

ONEOK Announces Dividend

Analyst Upgrades and Downgrades

ONEOK Company Profile

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