Rep. Gilbert Ray Cisneros, Jr. Buys ONEOK, Inc. (NYSE:OKE) Shares

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of ONEOK, Inc. (NYSE:OKE). In a filing disclosed on March 09th, the Representative disclosed that they had bought between $1,001 and $15,000 in ONEOK stock on February 10th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Thermon Group (NYSE:THR) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Federal Signal (NYSE:FSS) on 3/2/2026.
• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
• Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
• Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
• Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.

ONEOK Stock Down 0.9%

NYSE OKE traded down $0.75 during trading on Thursday, reaching $85.01. 4,135,489 shares of the company’s stock were exchanged, compared to its average volume of 5,066,031. The company has a 50 day moving average price of $80.37 and a two-hundred day moving average price of $74.70. The stock has a market cap of $53.54 billion, a P/E ratio of 15.68, a price-to-earnings-growth ratio of 6.53 and a beta of 0.93. ONEOK, Inc. 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 1.36, a quick ratio of 0.56 and a current ratio of 0.71.

ONEOK (NYSE:OKE) last released its quarterly earnings data on Monday, February 23rd. The utilities provider reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.50 by $0.05. The business had revenue of $9.07 billion for 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 quarter in the prior year, the business posted $1.57 EPS. ONEOK has set its FY 2026 guidance at 5.040-5.870 EPS. On average, equities research analysts anticipate that ONEOK, Inc. will post 5.07 EPS for the current fiscal year.

ONEOK Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Monday, February 2nd were paid a $1.07 dividend. This is a boost from ONEOK’s previous quarterly dividend of $1.03. This represents a $4.28 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Monday, February 2nd. ONEOK’s payout ratio is 78.97%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on OKE shares. Wells Fargo & Company cut their price objective on shares of ONEOK from $82.00 to $79.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 25th. UBS Group reduced their price target on shares of ONEOK from $114.00 to $103.00 and set a “buy” rating for the company in a research report on Thursday, January 22nd. Wolfe Research cut ONEOK from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, February 25th. Weiss Ratings reissued a “hold (c)” rating on shares of ONEOK in a report on Monday, December 29th. Finally, Mizuho set a $89.00 target price on ONEOK in a research report on Monday, February 23rd. Seven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $86.47.

Hedge Funds Weigh In On ONEOK

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Zions Bancorporation National Association UT lifted its position in ONEOK by 73.3% during the 4th quarter. Zions Bancorporation National Association UT now owns 338 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 143 shares during the period. City Holding Co. acquired a new position in shares of ONEOK in the third quarter valued at approximately $28,000. Winnow Wealth LLC acquired a new position in shares of ONEOK in the third quarter valued at approximately $28,000. Global Wealth Strategies & Associates purchased a new stake in shares of ONEOK during the third quarter worth approximately $29,000. Finally, Financial Consulate Inc. purchased a new stake in shares of ONEOK during the third quarter worth approximately $29,000. Hedge funds and other institutional investors own 69.13% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.