ONEOK, Inc. (NYSE:OKE) Given Average Recommendation of “Hold” by Analysts

ONEOK, Inc. (NYSE:OKE) has been assigned an average recommendation of “Hold” from the seventeen research firms that are currently covering the stock, Marketbeat.com reports. Ten investment analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $86.0667.

A number of equities research analysts have issued reports on the company. TD Cowen decreased their price objective on ONEOK from $78.00 to $76.00 and set a “hold” rating on the stock in a research report on Thursday, October 30th. Wells Fargo & Company decreased their price target on ONEOK from $82.00 to $79.00 and set an “equal weight” rating on the stock in a report on Wednesday. Scotiabank restated an “outperform” rating and issued a $91.00 price target on shares of ONEOK in a research report on Friday, January 16th. Wolfe Research cut shares of ONEOK from an “outperform” rating to a “peer perform” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. downgraded shares of ONEOK from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $87.00 to $83.00 in a research note on Tuesday, January 27th.

ONEOK Price Performance

ONEOK stock opened at $83.94 on Friday. ONEOK has a 52-week low of $64.02 and a 52-week high of $103.64. The company has a quick ratio of 0.75, a current ratio of 0.71 and a debt-to-equity ratio of 1.36. The firm’s fifty day moving average is $77.96 and its 200 day moving average is $73.92. The company has a market cap of $52.86 billion, a price-to-earnings ratio of 15.49, a PEG ratio of 4.85 and a beta of 0.96.

ONEOK (NYSE:OKE) last posted its earnings results on Monday, February 23rd. The utilities provider reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.50 by $0.05. ONEOK had a net margin of 10.09% and a return on equity of 15.29%. The firm had revenue of $9.07 billion for the quarter, compared to the consensus estimate of $8.77 billion. During the same period in the previous year, the firm posted $1.57 EPS. ONEOK has set its FY 2026 guidance at 5.040-5.870 EPS. Sell-side analysts forecast that ONEOK will post 5.07 EPS for the current fiscal year.

ONEOK Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Monday, February 2nd were paid a $1.07 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This is an increase from ONEOK’s previous quarterly dividend of $1.03. This represents a $4.28 annualized dividend and a yield of 5.1%. ONEOK’s payout ratio is 78.97%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Brighton Jones LLC increased its stake in ONEOK by 137.1% in the fourth quarter. Brighton Jones LLC now owns 15,278 shares of the utilities provider’s stock worth $1,534,000 after purchasing an additional 8,834 shares during the period. Empowered Funds LLC increased its stake 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 period. Acadian Asset Management LLC purchased a new position in ONEOK in the 1st quarter worth about $216,000. Bessemer Group Inc. lifted its holdings in ONEOK by 17.1% during the 2nd quarter. Bessemer Group Inc. now owns 26,107 shares of the utilities provider’s stock valued at $2,131,000 after buying an additional 3,811 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd boosted its position in ONEOK by 1,546.2% in the 2nd quarter. Y Intercept Hong Kong Ltd now owns 39,164 shares of the utilities provider’s stock valued at $3,197,000 after buying an additional 36,785 shares during the period. Institutional investors own 69.13% of the company’s stock.

Trending Headlines about ONEOK

Here are the key news stories impacting ONEOK this week:

• Positive Sentiment: Q4 earnings beat and revenue growth: OKE reported Q4 EPS above expectations and revenue jumped ~29% year-over-year, supporting near‑term earnings credibility despite margin pressure and a steady 2026 outlook. ONEOK Q4 Earnings Top Estimates
• Positive Sentiment: Strategic shift to multi‑commodity infrastructure: Coverage highlights ONEOK’s repositioning beyond NGLs toward multi‑commodity assets targeting AI data-center energy demand — a long-term growth narrative that could increase future EBITDA diversification. ONEOK Redefines Itself As Multi Commodity Player For AI Energy Demand
• Positive Sentiment: Dividend resilience: Coverage notes ONEOK’s high yield (~4.9%) and capacity to continue supporting the dividend after recent growth, which tends to attract income-focused investors. After A Recent Growth Spurt, This 4.9%-Yielding Dividend Stock is Slowing to A Crawl in 2026
• Neutral Sentiment: Aggregate analyst expectations: Compilations of analyst notes show mixed near‑term views — consensus sees 2026 as transitional with growth resuming in 2027; this leaves sentiment balanced between beat/upgrade catalysts and cautious guidance. Analyst Expectations For ONEOK’s Future
• Negative Sentiment: Price-target cut at Stifel: Stifel trimmed its price target to $91 (from $94) while keeping a Buy, citing 2026 guidance below Street expectations and viewing 2026 as a transition year — a modest near‑term headwind for sentiment. Oneok price target lowered to $91 from $94 at Stifel
• Negative Sentiment: Downgrade and caution from Wolfe/Wells Fargo: Wolfe Research downgraded OKE to peer‑perform and commentary (also reported by Seeking Alpha) flagged below‑average growth in a lower commodity-price backdrop; Wells Fargo cut its PT to $79 and moved to equal weight — these moves add selling pressure and weaken near‑term analyst support. ONEOK cut at Wolfe Wells Fargo price target cut (Benzinga)

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.