ONEOK, Inc. $OKE Position Cut by Sterling Capital Management LLC

Posted by on Jun 27th, 2026

Sterling Capital Management LLC trimmed its holdings in shares of ONEOK, Inc. (NYSE:OKE – Free Report) by 13.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 141,893 shares of the utilities provider’s stock after selling 22,984 shares during the period. Sterling Capital Management LLC’s holdings in ONEOK were worth $12,826,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Zions Bancorporation National Association UT raised its stake in shares of ONEOK by 73.3% in the 4th quarter. Zions Bancorporation National Association UT now owns 338 shares of the utilities provider’s stock worth $25,000 after buying an additional 143 shares in the last quarter. Elyxium Wealth LLC bought a new position in ONEOK during the fourth quarter valued at about $29,000. Cornerstone Financial Management LLC acquired a new position in ONEOK in the fourth quarter worth approximately $29,000. SRH Advisors LLC increased its holdings in shares of 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 buying an additional 241 shares in the last quarter. Finally, Accredited Wealth Management LLC lifted its position in shares of ONEOK by 342.5% during the 3rd quarter. Accredited Wealth Management LLC now owns 500 shares of the utilities provider’s stock valued at $36,000 after acquiring an additional 387 shares during the last quarter. 69.13% of the stock is currently owned by institutional investors and hedge funds.

ONEOK Trading Down 0.4%

Shares of NYSE OKE opened at $89.18 on Friday. 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, Inc. has a one year low of $64.02 and a one year high of $96.07. The business has a 50-day moving average price of $88.32 and a two-hundred day moving average price of $83.55. The firm has a market capitalization of $56.20 billion, a PE ratio of 15.90, a PEG ratio of 6.69 and a beta of 0.74.

ONEOK (NYSE:OKE – Get Free Report) last issued its earnings results on Tuesday, April 28th. The utilities provider reported $1.23 earnings per share for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.07). The business had revenue of $9.62 billion during the quarter, compared to analyst estimates of $8.23 billion. ONEOK had a net margin of 10.03% and a return on equity of 16.06%. During the same quarter in the prior year, the company earned $1.04 EPS. ONEOK has set its FY 2026 guidance at 5.530-5.530 EPS. As a group, analysts predict that ONEOK, Inc. will post 5.72 earnings per share for the current fiscal year.

ONEOK Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 4th were paid a $1.07 dividend. This represents a $4.28 annualized dividend and a yield of 4.8%. The ex-dividend date was Monday, May 4th. ONEOK’s dividend payout ratio is currently 76.29%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on OKE. Wall Street Zen raised ONEOK from a “sell” rating to a “hold” rating in a research note on Tuesday, May 26th. Citigroup upped their target price on ONEOK from $95.00 to $97.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Jefferies Financial Group increased their price target on ONEOK from $98.00 to $100.00 and gave the company a “buy” rating in a research report on Wednesday, April 8th. Morgan Stanley boosted their price objective on ONEOK from $104.00 to $113.00 and gave the stock an “overweight” rating in a report on Tuesday, April 7th. Finally, TD Cowen upped their price objective on shares of ONEOK from $80.00 to $85.00 and gave the company a “hold” rating in a research note on Thursday, April 30th. Eight research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, ONEOK presently has a consensus rating of “Hold” and a consensus price target of $91.88.

View Our Latest Stock Report on ONEOK

ONEOK 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.

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Institutional Ownership by Quarter for ONEOK (NYSE:OKE)

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