Czech National Bank Acquires 5,975 Shares of ONEOK, Inc. $OKE

Czech National Bank lifted its holdings in shares of ONEOK, Inc. (NYSE:OKE) by 3.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 165,919 shares of the utilities provider’s stock after purchasing an additional 5,975 shares during the period. Czech National Bank’s holdings in ONEOK were worth $12,195,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. National Pension Service grew its stake in shares of ONEOK by 2.9% during the third quarter. National Pension Service now owns 857,949 shares of the utilities provider’s stock valued at $62,605,000 after purchasing an additional 24,003 shares during the last quarter. Hudson Edge Investment Partners Inc. raised its position in ONEOK by 34.1% in the 3rd quarter. Hudson Edge Investment Partners Inc. now owns 87,667 shares of the utilities provider’s stock worth $6,397,000 after purchasing an additional 22,282 shares during the last quarter. Nordea Investment Management AB lifted its holdings in ONEOK by 7.5% during the 3rd quarter. Nordea Investment Management AB now owns 777,262 shares of the utilities provider’s stock worth $55,885,000 after buying an additional 54,444 shares in the last quarter. Tectonic Advisors LLC lifted its holdings in ONEOK by 41.1% during the 3rd quarter. Tectonic Advisors LLC now owns 188,842 shares of the utilities provider’s stock worth $13,780,000 after buying an additional 55,024 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its position in ONEOK by 29.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 534,285 shares of the utilities provider’s stock valued at $39,401,000 after buying an additional 121,891 shares during the last quarter. 69.13% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have recently weighed in on OKE. Truist Financial started coverage on ONEOK in a research report on Tuesday. They set a “hold” rating and a $91.00 target price for the company. Barclays raised their price target on ONEOK from $76.00 to $82.00 and gave the company an “equal weight” rating in a report on Thursday, March 5th. Mizuho set a $89.00 price objective on ONEOK in a research report on Monday, February 23rd. JPMorgan Chase & Co. cut ONEOK from an “overweight” rating to a “neutral” rating and dropped their price objective for the stock from $87.00 to $83.00 in a report on Tuesday, January 27th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of ONEOK in a research report on Monday, December 29th. Nine analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $88.94.

ONEOK Stock Performance

OKE stock opened at $93.71 on Friday. ONEOK, Inc. has a 1-year low of $64.02 and a 1-year high of $101.27. The company has a current ratio of 0.71, a quick ratio of 0.56 and a debt-to-equity ratio of 1.36. The firm has a market cap of $59.01 billion, a PE ratio of 17.29, a P/E/G ratio of 6.99 and a beta of 0.93. The business’s 50-day moving average price is $83.51 and its two-hundred day moving average price is $75.67.

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

ONEOK Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Monday, February 2nd were paid a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from ONEOK’s previous quarterly dividend of $1.03. ONEOK’s dividend payout ratio (DPR) is currently 78.97%.

Key ONEOK News

Here are the key news stories impacting ONEOK this week:

• Positive Sentiment: Wells Fargo upgraded ONEOK to Overweight and raised its price target to $100 (from $81), giving the stock fresh upside implied by a higher target and signaling stronger conviction in near‑term growth prospects. Wall Street Raises ONEOK Price Target to $100
• Positive Sentiment: Broker research (Wells Fargo, Jefferies) highlighted ONEOK’s Eiger Express pipeline expansion and the Bighorn processing plant as tangible volume-capture catalysts from the Permian, reframing ONEOK’s midstream role and supporting expectations for higher throughput and fee revenue. Is ONEOK (OKE) Quietly Reframing Its Midstream Role With The Eiger Express Expansion?
• Positive Sentiment: Geopolitical developments that boost U.S. LPG export demand prompted analysts to lift coverage for LPG-linked names including ONEOK—an external demand tailwind that could increase utilization and revenues for its NGL/pipeline assets. Enterprise Products, ONEOK raised at Wells Fargo as war boost seen for US LPG exporters
• Positive Sentiment: Recent quarterly results beat consensus (EPS beat and strong revenue) and ONEOK’s FY2026 EPS guidance (5.04–5.87) provide fundamental support for higher valuations and help explain analyst optimism.
• Neutral Sentiment: Truist initiated coverage of ONEOK with a Hold recommendation — this brings additional institutional coverage but signals limited near-term conviction from Truist compared with recent buy-side upgrades. Truist Financial Initiates Coverage on ONEOK (NYSE:OKE)
• Neutral Sentiment: Brokers published Q1 earnings predictions for ONEOK; analysts are parsing volumes and NGL spreads but there are no consensus adjustments large enough yet to change near-term guidance. Brokers Offer Predictions for ONEOK’s Q1 Earnings (NYSE:OKE)
• Neutral Sentiment: ONEOK announced the retirement of two board members effective May 20 (routine director retirements under policy/election), a governance update that is not expected to materially affect operations. ONEOK Announces Board Transitions
• Neutral Sentiment: Market commentary noted OKE’s run (~+9.7% since the last earnings report) and discussed whether momentum is sustainable; this is a mixed signal—positive momentum but raises questions about near-term upside left to capture. Oneok (OKE) Up 9.7% Since Last Earnings Report: Can It Continue?

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.