Representative Kevin Hern (Republican-Oklahoma) recently sold shares of ONEOK, Inc. (NYSE:OKE). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $15,001 and $50,000 in ONEOK stock on September 4th. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” account.
Representative Kevin Hern also recently made the following trade(s):
- Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
- Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
- Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
- Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
- Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
- Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
- Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
- Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
- Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
- Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.
ONEOK Stock Up 0.1%
OKE stock opened at $88.73 on Tuesday. ONEOK, Inc. has a 52 week low of $64.02 and a 52 week high of $99.85. The business has a 50-day simple moving average of $92.72 and a 200 day simple moving average of $90.04. The company has a quick ratio of 0.59, a current ratio of 0.74 and a debt-to-equity ratio of 1.34. The company has a market cap of $55.93 billion, a PE ratio of 15.30, a price-to-earnings-growth ratio of 2.52 and a beta of 0.74.
ONEOK Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were given a $1.07 dividend. The ex-dividend date was Monday, August 3rd. This represents a $4.28 dividend on an annualized basis and a dividend yield of 4.8%. ONEOK’s dividend payout ratio (DPR) is presently 73.79%.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on the company. Weiss Ratings raised ONEOK from a “buy (b-)” rating to a “buy (b)” rating in a report on Monday, August 31st. Morgan Stanley upped their target price on ONEOK from $105.00 to $112.00 and gave the stock an “equal weight” rating in a report on Wednesday, September 9th. Jefferies Financial Group increased their target price on ONEOK from $95.00 to $105.00 and gave the company a “hold” rating in a research report on Wednesday, September 2nd. Freedom Capital raised ONEOK from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. Finally, Royal Bank Of Canada boosted their price target on ONEOK from $84.00 to $90.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, ONEOK has an average rating of “Hold” and a consensus price target of $96.88.
Check Out Our Latest Analysis on OKE
Institutional Trading of ONEOK
Hedge funds have recently bought and sold shares of the business. BlackRock Inc. raised its position in ONEOK by 8.7% during the 2nd quarter. BlackRock Inc. now owns 64,537,467 shares of the utilities provider’s stock valued at $5,610,887,000 after purchasing an additional 5,148,768 shares during the last quarter. State Street Corp grew its position in shares of ONEOK by 5.0% in the 2nd quarter. State Street Corp now owns 43,633,749 shares of the utilities provider’s stock worth $3,793,518,000 after buying an additional 2,059,368 shares during the last quarter. Geode Capital Management LLC increased its stake in shares of ONEOK by 3.2% during the fourth quarter. Geode Capital Management LLC now owns 16,596,172 shares of the utilities provider’s stock valued at $1,215,107,000 after buying an additional 518,746 shares during the period. First Eagle Investment Management LLC increased its stake in shares of ONEOK by 1.3% during the second quarter. First Eagle Investment Management LLC now owns 11,834,827 shares of the utilities provider’s stock valued at $1,028,920,000 after buying an additional 155,652 shares during the period. Finally, Capital International Investors bought a new position in shares of ONEOK during the fourth quarter valued at approximately $586,500,000. Institutional investors and hedge funds own 69.13% of the company’s stock.
About Representative Hern
Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.
Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.
Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.
ONEOK Company Profile
ONEOK, Inc (NYSE: OKE) is a diversified energy infrastructure company that owns and operates midstream assets in the United States. Its operations connect producers, processors, storage facilities and end-use markets across major energy-producing and consuming regions.
The company’s businesses include natural gas gathering, processing, transportation and storage, as well as natural gas liquids (NGL) gathering, fractionation, storage and transportation. ONEOK also operates infrastructure serving refined products and crude oil markets, including pipelines and terminals.
Featured Stories
- Five stocks we like better than ONEOK
- MongoDB Stock Drops 17% After CEO Exit—What Investors Should Know
- Bernstein Downgrades 3 Cybersecurity Stocks: How Concerned Should Investors Be?
- Six Flags Launches FlexPay—Is There Any FUN Left in the Stock?
- Brewing Trouble? Starbucks Spills the Beans on 250 Store Closures
Receive News & Ratings for ONEOK Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ONEOK and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}
