ONEOK, Inc. $OKE Stock Holdings Raised by New York State Teachers Retirement System

Posted by Stanley Muller on Jul 4th, 2026

New York State Teachers Retirement System grew its stake in ONEOK, Inc. (NYSE:OKE – Free Report) by 5.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 490,760 shares of the utilities provider’s stock after purchasing an additional 27,497 shares during the quarter. New York State Teachers Retirement System owned approximately 0.08% of ONEOK worth $44,360,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Brighton Jones LLC raised its stake in ONEOK by 137.1% during the fourth quarter. Brighton Jones LLC now owns 15,278 shares of the utilities provider’s stock valued at $1,534,000 after buying an additional 8,834 shares in the last quarter. Empowered Funds LLC grew its position in shares of ONEOK by 0.8% in the 1st quarter. Empowered Funds LLC now owns 17,957 shares of the utilities provider’s stock worth $1,782,000 after acquiring an additional 137 shares in the last quarter. Acadian Asset Management LLC acquired a new position in shares of ONEOK in the 1st quarter worth approximately $216,000. Federated Hermes Inc. increased its holdings in shares of ONEOK by 14.0% in the 2nd quarter. Federated Hermes Inc. now owns 3,120 shares of the utilities provider’s stock valued at $255,000 after acquiring an additional 383 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of ONEOK by 3.9% in the 2nd quarter. NewEdge Advisors LLC now owns 130,347 shares of the utilities provider’s stock valued at $10,640,000 after acquiring an additional 4,902 shares during the last quarter. Institutional investors own 69.13% of the company’s stock.

ONEOK Stock Up 0.1%

Shares of ONEOK stock opened at $87.89 on Friday. The stock has a market capitalization of $55.38 billion, a price-to-earnings ratio of 15.67, a PEG ratio of 6.57 and a beta of 0.73. ONEOK, Inc. has a twelve month low of $64.02 and a twelve month high of $96.07. The company has a current ratio of 0.71, a quick ratio of 0.56 and a debt-to-equity ratio of 1.37. The business’s 50 day simple moving average is $88.59 and its 200-day simple moving average is $84.01.

ONEOK (NYSE:OKE – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.07). The company had revenue of $9.62 billion for 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 firm earned $1.04 EPS. ONEOK has set its FY 2026 guidance at 5.530-5.530 EPS. Equities research analysts forecast that ONEOK, Inc. will post 5.72 earnings per share for the current year.

ONEOK Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were issued a dividend of $1.07 per share. The ex-dividend date of this dividend was Monday, May 4th. This represents a $4.28 annualized dividend and a dividend yield of 4.9%. ONEOK’s payout ratio is 76.29%.

Analyst Ratings Changes

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

Read Our Latest Report on OKE

About ONEOK

(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.