Wealthfront Advisers LLC Boosts Stake in ONEOK, Inc. $OKE

Posted by on Jul 18th, 2026

Wealthfront Advisers LLC raised its stake in shares of ONEOK, Inc. (NYSE:OKE – Free Report) by 9.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 98,131 shares of the utilities provider’s stock after acquiring an additional 8,632 shares during the quarter. Wealthfront Advisers LLC’s holdings in ONEOK were worth $8,870,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Brighton Jones LLC grew its stake in ONEOK by 137.1% in the fourth quarter. Brighton Jones LLC now owns 15,278 shares of the utilities provider’s stock valued at $1,534,000 after purchasing an additional 8,834 shares during the last quarter. Empowered Funds LLC lifted its position 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 valued at $1,782,000 after buying an additional 137 shares during the last quarter. Acadian Asset Management LLC bought a new stake in shares of ONEOK in the 1st quarter valued at about $216,000. Federated Hermes Inc. boosted 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 buying an additional 383 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position 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 worth $10,640,000 after buying an additional 4,902 shares during the last quarter. 69.13% of the stock is owned by institutional investors.

ONEOK Price Performance

Shares of OKE stock opened at $93.57 on Friday. ONEOK, Inc. has a fifty-two week low of $64.02 and a fifty-two week high of $96.07. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.56 and a current ratio of 0.71. The firm has a market capitalization of $58.96 billion, a price-to-earnings ratio of 16.68, a PEG ratio of 6.95 and a beta of 0.73. The stock’s 50-day simple moving average is $89.18 and its 200-day simple moving average is $85.30.

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

ONEOK Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Monday, August 3rd will be issued a $1.07 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $4.28 dividend on an annualized basis and a dividend yield of 4.6%. ONEOK’s dividend payout ratio (DPR) is currently 76.29%.

Wall Street Analysts Forecast Growth

OKE has been the subject of several recent analyst reports. Morgan Stanley boosted their price objective on shares of ONEOK from $104.00 to $113.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 7th. Raymond James Financial restated an “outperform” rating and issued a $92.00 target price on shares of ONEOK in a research note on Thursday, April 30th. Truist Financial lifted their price target on shares of ONEOK from $91.00 to $93.00 and gave the stock a “hold” rating in a report on Monday, May 4th. JPMorgan Chase & Co. upped their price target on ONEOK from $91.00 to $92.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Finally, Barclays decreased their price objective on ONEOK from $90.00 to $88.00 and set an “equal weight” rating for the company in a report on Wednesday, July 8th. Eight investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $92.06.

View Our Latest Analysis 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.

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Institutional Ownership by Quarter for ONEOK (NYSE:OKE)

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