Wealthfront Advisers LLC Raises Stock Holdings in ONEOK, Inc. $OKE

Wealthfront Advisers LLC boosted its holdings in ONEOK, Inc. (NYSE:OKE) by 8.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 89,499 shares of the utilities provider’s stock after buying an additional 6,799 shares during the quarter. Wealthfront Advisers LLC’s holdings in ONEOK were worth $6,578,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of OKE. Brighton Jones LLC raised its position in ONEOK by 137.1% in the 4th quarter. Brighton Jones LLC now owns 15,278 shares of the utilities provider’s stock worth $1,534,000 after buying an additional 8,834 shares during the last quarter. Empowered Funds LLC raised its position in 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 buying an additional 137 shares during the last quarter. Acadian Asset Management LLC purchased a new position in ONEOK in the 1st quarter worth about $216,000. Federated Hermes Inc. raised its position in ONEOK by 14.0% in the 2nd quarter. Federated Hermes Inc. now owns 3,120 shares of the utilities provider’s stock worth $255,000 after buying an additional 383 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in 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. Hedge funds and other institutional investors own 69.13% of the company’s stock.

Key Stories Impacting ONEOK

Here are the key news stories impacting ONEOK this week:

• Positive Sentiment: Management raised 2026 guidance and projected a 2026 adjusted-EBITDA midpoint of $8.25B while increasing net income outlook to $3.5B — a clear driver for the bullish reaction as it signals better cash flow and payout coverage potential. ONEOK projects 2026 adjusted EBITDA midpoint of $8.25B
• Positive Sentiment: Q1 adjusted EBITDA rose year-over-year (driven by higher volumes) and management highlighted progress in key growth basins — these operational gains support the raised guidance and dividend/cash-return thesis. ONEOK Reports First-Quarter EPS
• Positive Sentiment: Inclusion in industry “best infrastructure stocks” lists and positive third?party style rankings (e.g., Zacks) may attract momentum and dividend-seeking investors, adding to demand. 8 Best Infrastructure Stocks to Buy
• Neutral Sentiment: Some analysts tweaked models after Q1: Wells Fargo trimmed its target slightly (but remains overweight) while TD Cowen nudged its target up but kept a hold — mixed signals that could limit near-term upside from analyst coverage. Analyst price-target moves
• Neutral Sentiment: Smaller sell-side estimate changes (e.g., US Capital Advisors’ tiny FY2027 EPS lift) are immaterial on their own but help validate stability in consensus long-term earnings expectations. MarketBeat ONEOK coverage
• Negative Sentiment: ONEOK missed headline Q1 EPS (reported $1.23 vs. estimates near $1.30–$1.32), which is a near-term negative signal for earnings-per-share momentum even though EBITDA and guidance were constructive. ONEOK Reports First-Quarter EPS
• Negative Sentiment: Scotiabank cut ONEOK, calling it a less compelling value vs. other liquids names — a thematic downgrade that could pressure sentiment among comparative?valuation investors. ONEOK cut at Scotiabank

Analysts Set New Price Targets

OKE has been the subject of a number of recent analyst reports. Barclays boosted their target price on ONEOK from $82.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Thursday. Scotiabank lowered shares of ONEOK from a “sector outperform” rating to a “sector perform” rating and reduced their price target for the company from $92.00 to $89.00 in a research report on Thursday. Royal Bank Of Canada upped their price target on shares of ONEOK from $79.00 to $84.00 and gave the company a “sector perform” rating in a research report on Thursday, March 19th. UBS Group reduced their price target on shares of ONEOK from $114.00 to $103.00 and set a “buy” rating for the company in a research report on Thursday, January 22nd. Finally, Wells Fargo & Company reduced their price target on shares of ONEOK from $100.00 to $98.00 and set an “overweight” rating for the company in a research report on Thursday. Seven research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, ONEOK presently has a consensus rating of “Hold” and a consensus price target of $91.06.

ONEOK Price Performance

NYSE OKE opened at $92.49 on Friday. ONEOK, Inc. has a 52 week low of $64.02 and a 52 week high of $95.30. The firm has a market capitalization of $58.27 billion, a P/E ratio of 16.49, a PEG ratio of 6.76 and a beta of 0.84. The company has a quick ratio of 0.56, a current ratio of 0.71 and a debt-to-equity ratio of 1.37. The company has a 50-day moving average price of $87.11 and a 200-day moving average price of $78.29.

ONEOK (NYSE:OKE) last announced 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 the consensus estimate of $8.23 billion. ONEOK had a net margin of 10.03% and a return on equity of 16.06%. During the same quarter last year, the firm posted $1.04 earnings per share. ONEOK has set its FY 2026 guidance at 5.530-5.530 EPS. Equities research analysts anticipate that ONEOK, Inc. will post 5.53 earnings per share for the current year.

ONEOK Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Monday, May 4th will be paid a dividend of $1.07 per share. The ex-dividend date is Monday, May 4th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 4.6%. ONEOK’s payout ratio is 76.29%.

About ONEOK

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.