ONEOK (NYSE:OKE) Stock Sold by Rep. Kevin Hern

Posted by George Bondi on Sep 29th, 2026

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 $50,001 and $100,000 in ONEOK stock on August 31st. The trade occurred in the Representative’s “HERN FAMILY FOUNDATION” 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 Down 2.0%

NYSE OKE traded down $1.82 during mid-day trading on Tuesday, reaching $86.80. 1,551,818 shares of the company’s stock traded hands, compared to its average volume of 4,261,002. The company has a current ratio of 0.74, a quick ratio of 0.59 and a debt-to-equity ratio of 1.34. ONEOK, Inc. has a 1-year low of $64.02 and a 1-year high of $99.85. The company has a fifty day simple moving average of $92.72 and a 200-day simple moving average of $90.04. The company has a market cap of $54.72 billion, a price-to-earnings ratio of 15.02, a P/E/G ratio of 2.52 and a beta of 0.74.

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, beating analysts’ consensus estimates of $1.46 by $0.07. The company had revenue of $12.05 billion during the quarter, compared to the consensus estimate of $8.95 billion. ONEOK had a return on equity of 16.41% and a net margin of 9.29%.During the same period in the previous year, the firm posted $1.34 earnings per share. ONEOK has set its FY 2026 guidance at 5.680-5.680 EPS. As a group, equities research analysts expect that ONEOK, Inc. will post 5.73 EPS for the current year.

ONEOK Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Investors of record on Monday, August 3rd were paid a dividend of $1.07 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $4.28 annualized dividend and a yield of 4.9%. ONEOK’s payout ratio is 73.79%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. GTS Securities LLC lifted its position in ONEOK by 4.3% in the second quarter. GTS Securities LLC now owns 2,573 shares of the utilities provider’s stock valued at $224,000 after acquiring an additional 105 shares during the last quarter. Meridian Wealth Management LLC raised its stake in shares of ONEOK by 1.8% during the 2nd quarter. Meridian Wealth Management LLC now owns 6,598 shares of the utilities provider’s stock worth $574,000 after buying an additional 115 shares in the last quarter. Clearstead Trust LLC boosted its stake in shares of ONEOK by 4.7% in the first quarter. Clearstead Trust LLC now owns 2,632 shares of the utilities provider’s stock valued at $238,000 after buying an additional 117 shares in the last quarter. Welch Group LLC increased its holdings in shares of ONEOK by 0.8% in the 1st quarter. Welch Group LLC now owns 14,859 shares of the utilities provider’s stock valued at $1,343,000 after purchasing an additional 122 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co lifted its stake in shares of ONEOK by 0.5% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 26,261 shares of the utilities provider’s stock valued at $2,374,000 after purchasing an additional 122 shares during the period. Institutional investors own 69.13% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on OKE. Citigroup boosted their target price on shares of ONEOK from $97.00 to $108.00 and gave the company a “buy” rating in a research note on Thursday, September 3rd. Truist Financial boosted their price objective on shares of ONEOK from $93.00 to $104.00 and gave the stock a “hold” rating in a research note on Wednesday, September 2nd. UBS Group set a $93.00 target price on shares of ONEOK in a report on Friday, September 11th. Capital One Financial began coverage on shares of ONEOK in a report on Tuesday, September 22nd. They set an “overweight” rating and a $110.00 price target for the company. Finally, Freedom Capital upgraded ONEOK from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $96.88.

Read Our Latest Stock Analysis on OKE

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.

About ONEOK

(Get Free Report)

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.