Brokerages Set ONEOK, Inc. (NYSE:OKE) PT at $87.31

ONEOK, Inc. (NYSE:OKE) has earned a consensus rating of “Hold” from the seventeen research firms that are covering the stock, Marketbeat reports. Nine research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $87.3125.

Several research analysts recently weighed in on OKE shares. TD Cowen lowered their price objective on ONEOK from $78.00 to $76.00 and set a “hold” rating for the company in a research report on Thursday, October 30th. UBS Group decreased their price target on ONEOK from $114.00 to $103.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. Raymond James Financial reissued an “outperform” rating and set a $82.00 price objective (down from $100.00) on shares of ONEOK in a research report on Friday, October 24th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $72.00 target price on shares of ONEOK in a research report on Monday, November 3rd. Finally, Scotiabank reissued an “outperform” rating and issued a $91.00 price target on shares of ONEOK in a research note on Friday, January 16th.

ONEOK Stock Performance

NYSE:OKE opened at $80.34 on Monday. The company’s 50-day moving average is $74.43 and its two-hundred day moving average is $73.34. ONEOK has a 1-year low of $64.02 and a 1-year high of $103.64. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.90 and a quick ratio of 0.75. The firm has a market capitalization of $50.55 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 4.44 and a beta of 0.96.

ONEOK Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Monday, February 2nd will be issued a $1.07 dividend. The ex-dividend date is Monday, February 2nd. This represents a $4.28 annualized dividend and a dividend yield of 5.3%. This is a boost from ONEOK’s previous quarterly dividend of $1.03. ONEOK’s dividend payout ratio (DPR) is presently 78.68%.

Hedge Funds Weigh In On ONEOK

Several institutional investors have recently bought and sold shares of OKE. Norges Bank acquired a new stake in shares of ONEOK in the 2nd quarter valued at $562,832,000. First Eagle Investment Management LLC increased its holdings in ONEOK by 46.3% in the fourth quarter. First Eagle Investment Management LLC now owns 11,365,304 shares of the utilities provider’s stock valued at $835,350,000 after buying an additional 3,596,089 shares during the last quarter. Boston Partners raised its stake in ONEOK by 53.7% in the second quarter. Boston Partners now owns 5,509,100 shares of the utilities provider’s stock valued at $448,476,000 after buying an additional 1,924,864 shares in the last quarter. Danske Bank A S lifted its holdings in ONEOK by 3,538.4% during the 4th quarter. Danske Bank A S now owns 1,691,433 shares of the utilities provider’s stock worth $124,320,000 after buying an additional 1,644,945 shares during the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of ONEOK by 1.7% during the 2nd quarter. Vanguard Group Inc. now owns 76,510,971 shares of the utilities provider’s stock worth $6,245,591,000 after acquiring an additional 1,314,002 shares in the last quarter. 69.13% of the stock is owned by institutional investors and hedge funds.

More ONEOK News

Here are the key news stories impacting ONEOK this week:

• Positive Sentiment: Zacks flagged that ONEOK outperformed the market on the session (buying interest despite a weak tape), suggesting idiosyncratic demand or sector‑specific support. Oneok Inc. (OKE) Ascends While Market Falls
• Neutral Sentiment: Context: volume traded above the stock’s average (roughly 5.4M vs ~4.6M), 12‑month range $64.02–$103.64, market cap ~ $50.6B, PE ~14.8 — these fundamentals/technicals provide support but do not explain the short‑term move by themselves.
• Negative Sentiment: US Capital Advisors cut a string of EPS forecasts for ONEOK across quarters and fiscal years — examples include Q1‑2026 to $1.44 (from $1.48), Q2‑2026 to $1.45 (from $1.51), Q3‑2026 to $1.49 (from $1.57), Q4‑2026 to $1.58 (from $1.61), FY2026 to $5.96 (from $6.16) and FY2027 to $6.34 (from $6.67). Those downward revisions signal weaker near‑term earnings visibility and could pressure valuation if other analysts follow. MarketBeat: ONEOK analyst notes

ONEOK Company 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.