Rep. Gilbert Ray Cisneros, Jr. Sells ONEOK, Inc. (NYSE:OKE) Stock

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of ONEOK, Inc. (NYSE:OKE). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in ONEOK stock on January 9th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.

ONEOK Trading Up 0.5%

NYSE OKE opened at $87.31 on Friday. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.90 and a quick ratio of 0.75. The stock has a market capitalization of $54.94 billion, a P/E ratio of 16.05, a PEG ratio of 4.90 and a beta of 0.96. The firm’s 50-day moving average is $77.00 and its two-hundred day moving average is $73.66. ONEOK, Inc. has a 12 month low of $64.02 and a 12 month high of $103.64.

ONEOK Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Monday, February 2nd were issued a dividend of $1.07 per share. The ex-dividend date was Monday, February 2nd. This represents a $4.28 dividend on an annualized basis and a dividend yield of 4.9%. This is a boost from ONEOK’s previous quarterly dividend of $1.03. ONEOK’s dividend payout ratio (DPR) is currently 78.68%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on OKE. Citigroup decreased their price target on ONEOK from $102.00 to $95.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Scotiabank reissued an “outperform” rating and set a $91.00 target price on shares of ONEOK in a research note on Friday, January 16th. Jefferies Financial Group assumed coverage on ONEOK in a report on Tuesday, January 20th. They set a “hold” rating and a $80.00 target price for the company. UBS Group cut their price target on shares of ONEOK from $114.00 to $103.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. Finally, Wells Fargo & Company lowered their price objective on shares of ONEOK from $90.00 to $82.00 and set an “equal weight” rating for the company in a research note on Thursday, October 30th. Seven equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $85.80.

Hedge Funds Weigh In On ONEOK

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Sunbelt Securities Inc. lifted its holdings in ONEOK by 4.5% during the 4th quarter. Sunbelt Securities Inc. now owns 14,354 shares of the utilities provider’s stock worth $1,055,000 after buying an additional 617 shares during the last quarter. Mcguire Capital Advisors Inc. acquired a new stake in shares of ONEOK during the 4th quarter worth about $2,797,000. Claris Financial LLC acquired a new stake in shares of ONEOK during the 4th quarter worth about $248,000. TMB Capital Partners LLC purchased a new stake in ONEOK during the fourth quarter worth approximately $294,000. Finally, Invesco Ltd. boosted its holdings in ONEOK by 4.1% in the fourth quarter. Invesco Ltd. now owns 9,284,911 shares of the utilities provider’s stock valued at $682,441,000 after purchasing an additional 365,813 shares in the last quarter. 69.13% of the stock is owned by institutional investors and hedge funds.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.