ONEOK (NYSE:OKE) Stock Rating Upgraded by US Capital Advisors

ONEOK (NYSE:OKE) was upgraded by US Capital Advisors from a “hold” rating to a “moderate buy” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports. US Capital Advisors also issued estimates for ONEOK’s Q3 2025 earnings at $1.47 EPS, Q4 2025 earnings at $1.57 EPS and FY2025 earnings at $5.77 EPS.

OKE has been the subject of a number of other reports. Barclays raised their price objective on ONEOK from $94.00 to $99.00 and gave the stock an “equal weight” rating in a research report on Monday, November 4th. Mizuho raised shares of ONEOK to a “hold” rating in a research note on Thursday, November 7th. UBS Group increased their price objective on shares of ONEOK from $112.00 to $132.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Wells Fargo & Company boosted their target price on ONEOK from $100.00 to $107.00 and gave the company an “overweight” rating in a research report on Friday, November 1st. Finally, Bank of America began coverage on ONEOK in a research report on Thursday, October 17th. They set a “buy” rating and a $105.00 price target for the company. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat, ONEOK has an average rating of “Moderate Buy” and an average target price of $100.38.

ONEOK Price Performance

Shares of OKE stock opened at $113.45 on Tuesday. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.81 and a quick ratio of 0.59. The company has a market capitalization of $66.28 billion, a PE ratio of 23.73, a price-to-earnings-growth ratio of 5.56 and a beta of 1.66. The firm’s 50-day moving average is $99.60 and its two-hundred day moving average is $89.46. ONEOK has a 12 month low of $65.49 and a 12 month high of $118.07.

ONEOK (NYSE:OKE) last released its quarterly earnings data on Tuesday, October 29th. The utilities provider reported $1.18 EPS for the quarter, missing analysts’ consensus estimates of $1.23 by ($0.05). The business had revenue of $5.02 billion during the quarter, compared to analyst estimates of $5.81 billion. ONEOK had a net margin of 14.05% and a return on equity of 16.84%. During the same quarter in the prior year, the company posted $0.99 earnings per share. Analysts predict that ONEOK will post 5.15 earnings per share for the current year.

Insider Buying and Selling at ONEOK

In related news, Director Pattye L. Moore sold 3,379 shares of the business’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $92.01, for a total transaction of $310,901.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.20% of the company’s stock.

Institutional Trading of ONEOK

A number of institutional investors have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. lifted its stake in ONEOK by 3.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 17,480,774 shares of the utilities provider’s stock worth $1,593,023,000 after purchasing an additional 661,854 shares during the last quarter. Geode Capital Management LLC raised its holdings in ONEOK by 1.0% during the third quarter. Geode Capital Management LLC now owns 13,680,875 shares of the utilities provider’s stock worth $1,242,449,000 after purchasing an additional 138,430 shares in the last quarter. Tortoise Capital Advisors L.L.C. lifted its position in shares of ONEOK by 3.5% during the 2nd quarter. Tortoise Capital Advisors L.L.C. now owns 6,795,313 shares of the utilities provider’s stock worth $554,158,000 after buying an additional 232,043 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in shares of ONEOK by 0.3% in the 3rd quarter. Janus Henderson Group PLC now owns 3,751,172 shares of the utilities provider’s stock valued at $341,844,000 after buying an additional 11,189 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of ONEOK by 4.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 3,340,155 shares of the utilities provider’s stock valued at $272,377,000 after buying an additional 132,326 shares during the last quarter. 69.13% of the stock is owned by hedge funds and other institutional investors.

ONEOK Company Profile

ONEOK, Inc engages in gathering, processing, fractionation, storage, transportation, and marketing of natural gas and natural gas liquids (NGL) in the United States. It operates through four segments: Natural Gas Gathering and Processing, Natural Gas Liquids, Natural Gas Pipelines, and Refined Products and Crude.