Analysts’ Recent Ratings Changes for ONEOK (OKE)

A number of firms have modified their ratings and price targets on shares of ONEOK (NYSE: OKE) recently:

• 1/28/2026 – ONEOK had its “overweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $104.00 price target on the stock.
• 1/27/2026 – ONEOK was downgraded by analysts at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating. They now have a $83.00 price target on the stock, down previously from $87.00.
• 1/22/2026 – ONEOK had its price target lowered by analysts at UBS Group AG from $114.00 to $103.00. They now have a “buy” rating on the stock.
• 1/20/2026 – ONEOK is now covered by analysts at Jefferies Financial Group Inc.. They set a “hold” rating and a $80.00 price target on the stock.
• 1/16/2026 – ONEOK had its “outperform” rating reaffirmed by analysts at Scotiabank. They now have a $91.00 price target on the stock.
• 1/15/2026 – ONEOK had its price target lowered by analysts at Barclays PLC from $78.00 to $76.00. They now have an “equal weight” rating on the stock.
• 1/7/2026 – ONEOK had its “buy” rating reaffirmed by analysts at UBS Group AG.
• 12/29/2025 – ONEOK had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 12/22/2025 – ONEOK had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 12/15/2025 – ONEOK had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.

ONEOK Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Monday, February 2nd will be issued a dividend of $1.07 per share. This is a boost from ONEOK’s previous quarterly dividend of $1.03. The ex-dividend date is Monday, February 2nd. This represents a $4.28 dividend on an annualized basis and a dividend yield of 5.1%. ONEOK’s dividend payout ratio (DPR) is presently 78.68%.

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.