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

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 Price Performance

Shares of OKE traded down $1.58 during trading hours on Tuesday, hitting $87.04. The stock had a trading volume of 1,551,818 shares, compared to its average volume of 4,261,002. ONEOK, Inc. has a 52 week low of $64.02 and a 52 week high of $99.85. The company’s fifty day moving average is $92.72 and its two-hundred day moving average is $90.04. The company has a debt-to-equity ratio of 1.34, a current ratio of 0.74 and a quick ratio of 0.59. The stock has a market capitalization of $54.87 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) last issued its quarterly earnings results on Monday, August 3rd. The utilities provider reported $1.53 earnings per share (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 business had revenue of $12.05 billion for the quarter, compared to the consensus estimate of $8.95 billion. During the same quarter in the prior year, the company earned $1.34 EPS. ONEOK has set its FY 2026 guidance at 5.680-5.680 EPS. On average, analysts anticipate that ONEOK, Inc. will post 5.73 EPS for the current year.

ONEOK Announces Dividend

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

Institutional Trading of ONEOK

A number of large investors have recently added to or reduced their stakes in the company. Capital International Investors acquired a new stake in shares of ONEOK in the 4th quarter valued at approximately $586,500,000. Norges Bank bought a new position in ONEOK in the fourth quarter valued at about $564,867,000. BlackRock Inc. boosted its stake in shares of ONEOK by 8.7% during the second 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 in the last quarter. Legal & General Group Plc bought a new stake in shares of ONEOK during the second quarter worth about $389,985,000. Finally, Kayne Anderson Capital Advisors LP acquired a new position in shares of ONEOK in the second quarter valued at approximately $335,958,000. Institutional investors and hedge funds own 69.13% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on OKE. Royal Bank Of Canada upped their price target on ONEOK from $84.00 to $90.00 and gave the company a “sector perform” rating in a research note on Tuesday, July 21st. Wells Fargo & Company lifted their price objective on ONEOK from $98.00 to $106.00 and gave the stock an “overweight” rating in a research note on Wednesday, September 2nd. Truist Financial lifted 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 price target on shares of ONEOK in a research report on Friday, September 11th. Finally, Jefferies Financial Group raised their price objective on ONEOK from $95.00 to $105.00 and gave the stock a “hold” rating in a research note on Wednesday, September 2nd. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat, ONEOK currently has a consensus rating of “Hold” and a consensus target price of $96.88.

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

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.