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

Shares of ONEOK, Inc. (NYSE:OKE) have earned a consensus recommendation of “Hold” from the seventeen ratings firms that are presently covering the company, Marketbeat Ratings reports. Ten research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $86.0667.

Several research firms recently weighed in on OKE. Stifel Nicolaus set a $94.00 price objective on ONEOK in a report on Thursday, October 30th. Wolfe Research downgraded shares of ONEOK from an “outperform” rating to a “peer perform” rating in a research report on Wednesday. Morgan Stanley restated an “overweight” rating and issued a $104.00 price target on shares of ONEOK in a report on Wednesday, January 28th. Scotiabank reaffirmed an “outperform” rating and issued a $91.00 price target on shares of ONEOK in a research report on Friday, January 16th. Finally, UBS Group cut their price objective on shares of ONEOK from $114.00 to $103.00 and set a “buy” rating on the stock in a report on Thursday, January 22nd.

More ONEOK News

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)

Institutional Investors Weigh In On ONEOK

A number of hedge funds have recently made changes to their positions in the stock. MidFirst Bank bought a new position in ONEOK in the fourth quarter worth about $9,533,000. Alternative Investment Advisors LLC. grew its position in shares of ONEOK by 1.4% in the 4th quarter. Alternative Investment Advisors LLC. now owns 12,832 shares of the utilities provider’s stock worth $943,000 after buying an additional 183 shares during the last quarter. SG Trading Solutions LLC bought a new position in shares of ONEOK during the 4th quarter worth approximately $498,000. Pacer Advisors Inc. raised its stake in shares of ONEOK by 18.6% during the 4th quarter. Pacer Advisors Inc. now owns 129,728 shares of the utilities provider’s stock worth $9,535,000 after acquiring an additional 20,302 shares in the last quarter. Finally, Floyd Financial Group LLC lifted its position in ONEOK by 3.2% during the fourth quarter. Floyd Financial Group LLC now owns 11,851 shares of the utilities provider’s stock valued at $871,000 after acquiring an additional 373 shares during the last quarter. 69.13% of the stock is currently owned by hedge funds and other institutional investors.

ONEOK Stock Up 2.0%

Shares of NYSE:OKE opened at $83.94 on Friday. The business’s 50 day moving average is $77.96 and its 200 day moving average is $73.92. The stock has a market cap of $52.86 billion, a P/E ratio of 15.49, a price-to-earnings-growth ratio of 4.85 and a beta of 0.96. 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.

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

ONEOK Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Monday, February 2nd were issued a $1.07 dividend. The ex-dividend date was Monday, February 2nd. This represents a $4.28 dividend on an annualized basis and a dividend yield of 5.1%. This is a boost from ONEOK’s previous quarterly dividend of $1.03. ONEOK’s dividend payout ratio (DPR) is 78.97%.

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.