Wealthfront Advisers LLC Buys 6,799 Shares of ONEOK, Inc. $OKE

Wealthfront Advisers LLC lifted its stake in shares of ONEOK, Inc. (NYSE:OKE) by 8.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 89,499 shares of the utilities provider’s stock after acquiring 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 reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. City Holding Co. bought a new position in ONEOK in the 3rd quarter worth approximately $28,000. Winnow Wealth LLC bought a new position in ONEOK in the 3rd quarter worth approximately $28,000. Financial Consulate Inc. bought a new position in ONEOK in the 3rd quarter worth approximately $29,000. SRH Advisors LLC boosted its stake in ONEOK by 122.3% in the 4th quarter. SRH Advisors LLC now owns 438 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 241 shares during the period. Finally, AXS Investments LLC bought a new position in ONEOK in the 3rd quarter worth approximately $35,000. 69.13% of the stock is currently owned by institutional investors.

Key Headlines 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

Analyst Ratings Changes

Several research firms have weighed in on OKE. Morgan Stanley upped their price target on ONEOK from $104.00 to $113.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 7th. Wells Fargo & Company dropped their price target on ONEOK from $100.00 to $98.00 and set an “overweight” rating for the company in a research note on Thursday. Wolfe Research downgraded ONEOK from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, February 25th. UBS Group lowered their target price on ONEOK from $114.00 to $103.00 and set a “buy” rating for the company in a research report on Thursday, January 22nd. Finally, Mizuho set a $89.00 target price on ONEOK in a research report on Monday, February 23rd. Seven equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $91.06.

ONEOK Stock Up 3.6%

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

ONEOK (NYSE:OKE) last posted its earnings results on Tuesday, April 28th. The utilities provider reported $1.23 EPS for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.07). The firm 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 in the prior year, the company posted $1.04 earnings per share. ONEOK has set its FY 2026 guidance at 5.530-5.530 EPS. As a group, equities analysts predict that ONEOK, Inc. will post 5.53 EPS for the current fiscal year.

ONEOK Announces Dividend

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

ONEOK Company Profile

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.