Butensky & Cohen Financial Security Inc. Invests $5.78 Million in ONEOK, Inc. $OKE

Posted by Stanley Muller on Aug 12th, 2026

Butensky & Cohen Financial Security Inc. bought a new stake in ONEOK, Inc. (NYSE:OKE – Free Report) during the second quarter, Holdings Channel reports. The institutional investor bought 66,466 shares of the utilities provider’s stock, valued at approximately $5,779,000. ONEOK comprises 1.4% of Butensky & Cohen Financial Security Inc.’s holdings, making the stock its 28th largest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of OKE. Hudson Value Partners LLC raised its stake in ONEOK by 5.1% during the 2nd quarter. Hudson Value Partners LLC now owns 67,843 shares of the utilities provider’s stock valued at $5,898,000 after acquiring an additional 3,292 shares during the last quarter. Tema ETFs LLC grew its stake in shares of ONEOK by 10.5% in the 2nd quarter. Tema ETFs LLC now owns 12,168 shares of the utilities provider’s stock valued at $1,058,000 after purchasing an additional 1,160 shares during the last quarter. Clarus Wealth Advisors grew its stake in shares of ONEOK by 21.7% in the 2nd quarter. Clarus Wealth Advisors now owns 6,169 shares of the utilities provider’s stock valued at $562,000 after purchasing an additional 1,102 shares during the last quarter. Fulcrum Equity Management increased its holdings in shares of ONEOK by 0.7% in the second quarter. Fulcrum Equity Management now owns 51,928 shares of the utilities provider’s stock valued at $4,515,000 after purchasing an additional 378 shares during the period. Finally, Shrier Wealth Management LLC increased its holdings in shares of ONEOK by 1.2% in the second quarter. Shrier Wealth Management LLC now owns 25,251 shares of the utilities provider’s stock valued at $2,195,000 after purchasing an additional 301 shares during the period. Hedge funds and other institutional investors own 69.13% of the company’s stock.

ONEOK Trading Up 1.2%

NYSE:OKE opened at $91.43 on Wednesday. ONEOK, Inc. has a 1 year low of $64.02 and a 1 year high of $96.07. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.59 and a current ratio of 0.74. The stock has a fifty day moving average price of $89.16 and a two-hundred day moving average price of $87.36. The stock has a market capitalization of $57.64 billion, a price-to-earnings ratio of 15.76, a PEG ratio of 4.71 and a beta of 0.73.

ONEOK (NYSE:OKE – Get Free Report) last issued its earnings results on Monday, August 3rd. The utilities provider reported $1.53 EPS for the quarter, topping the consensus estimate of $1.46 by $0.07. ONEOK had a net margin of 9.29% and a return on equity of 16.41%. The company had revenue of $12.05 billion for the quarter, compared to analyst estimates of $8.95 billion. During the same period in the previous year, the firm earned $1.34 EPS. ONEOK has set its FY 2026 guidance at 5.680-5.680 EPS. As a group, sell-side analysts anticipate that ONEOK, Inc. will post 5.87 earnings per share for the current fiscal year.

ONEOK Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Monday, August 3rd will be issued a dividend of $1.07 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $4.28 dividend on an annualized basis and a yield of 4.7%. ONEOK’s payout ratio is currently 73.79%.

Analysts Set New Price Targets

Several brokerages recently weighed in on OKE. Citigroup increased their price target on ONEOK from $95.00 to $97.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. TD Cowen boosted their price objective on shares of ONEOK from $85.00 to $90.00 and gave the company a “hold” rating in a research note on Thursday, July 16th. Royal Bank Of Canada raised their target price on shares of ONEOK from $84.00 to $90.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 21st. Morgan Stanley reaffirmed an “equal weight” rating and issued a $103.00 target price (down from $113.00) on shares of ONEOK in a report on Wednesday, July 29th. Finally, Wall Street Zen upgraded shares of ONEOK from a “sell” rating to a “hold” rating in a research note on Sunday. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, ONEOK currently has an average rating of “Moderate Buy” and an average target price of $91.81.

Get Our Latest Analysis 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.