SG Americas Securities LLC Has $28.55 Million Position in ONEOK, Inc. $OKE

SG Americas Securities LLC lifted its holdings in ONEOK, Inc. (NYSE:OKE) by 729.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 388,383 shares of the utilities provider’s stock after buying an additional 341,548 shares during the period. SG Americas Securities LLC’s holdings in ONEOK were worth $28,546,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Assenagon Asset Management S.A. boosted its position in shares of ONEOK by 25.1% during the 4th quarter. Assenagon Asset Management S.A. now owns 734,671 shares of the utilities provider’s stock valued at $53,998,000 after purchasing an additional 147,220 shares in the last quarter. Diversified Trust Co. increased its holdings in ONEOK by 91.1% in the fourth quarter. Diversified Trust Co. now owns 10,871 shares of the utilities provider’s stock worth $799,000 after purchasing an additional 5,183 shares in the last quarter. Westview Management dba Westview Investment Advisors acquired a new position in ONEOK in the fourth quarter valued at approximately $287,000. Dynamic Advisor Solutions LLC lifted its stake in ONEOK by 1.5% in the fourth quarter. Dynamic Advisor Solutions LLC now owns 16,093 shares of the utilities provider’s stock valued at $1,183,000 after buying an additional 238 shares during the period. Finally, TABR Capital Management LLC bought a new position in shares of ONEOK during the 4th quarter worth approximately $805,000. 69.13% of the stock is owned by institutional investors and hedge funds.

ONEOK Price Performance

Shares of NYSE:OKE opened at $93.71 on Friday. The company has a quick ratio of 0.56, a current ratio of 0.71 and a debt-to-equity ratio of 1.36. ONEOK, Inc. has a twelve month low of $64.02 and a twelve month high of $101.27. The stock’s 50 day moving average is $83.51 and its 200-day moving average is $75.67. The firm has a market capitalization of $59.01 billion, a price-to-earnings ratio of 17.29, a PEG ratio of 6.99 and a beta of 0.93.

ONEOK (NYSE:OKE) last posted its quarterly earnings results on Monday, February 23rd. The utilities provider reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.05. The business had revenue of $9.07 billion during the quarter, compared to the consensus estimate of $8.77 billion. ONEOK had a net margin of 10.09% and a return on equity of 15.29%. During the same quarter last 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, Inc. will post 5.07 EPS for the current fiscal year.

ONEOK Increases Dividend

The firm also recently disclosed 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. This is an increase from ONEOK’s previous quarterly dividend of $1.03. This represents a $4.28 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Monday, February 2nd. ONEOK’s dividend payout ratio is 78.97%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on OKE. Jefferies Financial Group upgraded shares of ONEOK from a “hold” rating to a “buy” rating and boosted their target price for the company from $85.00 to $98.00 in a research report on Friday, March 20th. Weiss Ratings restated a “hold (c)” rating on shares of ONEOK in a report on Monday, December 29th. Royal Bank Of Canada lifted their price target on shares of ONEOK from $79.00 to $84.00 and gave the company a “sector perform” rating in a research note on Thursday, March 19th. Truist Financial began coverage on shares of ONEOK in a report on Tuesday. They set a “hold” rating and a $91.00 price objective on the stock. Finally, Wolfe Research cut shares of ONEOK from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, February 25th. Nine equities research 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 company presently has an average rating of “Moderate Buy” and an average price target of $88.94.

Key Headlines Impacting ONEOK

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?

ONEOK 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.