Vise Technologies Inc. Has $1.82 Million Holdings in ONEOK, Inc. $OKE

Vise Technologies Inc. grew its stake in ONEOK, Inc. (NYSE:OKE) by 100.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,814 shares of the utilities provider’s stock after purchasing an additional 12,442 shares during the period. Vise Technologies Inc.’s holdings in ONEOK were worth $1,824,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Elyxium Wealth LLC acquired a new stake in ONEOK in the 4th quarter worth $29,000. SRH Advisors LLC grew its position in ONEOK by 122.3% in the 4th quarter. SRH Advisors LLC now owns 438 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 241 shares during the last quarter. Accredited Wealth Management LLC grew its position in ONEOK by 342.5% in the 3rd quarter. Accredited Wealth Management LLC now owns 500 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 387 shares during the last quarter. Texas Capital Bancshares Inc TX acquired a new stake in ONEOK in the 3rd quarter worth $39,000. Finally, Quest 10 Wealth Builders Inc. grew its position in ONEOK by 54.6% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 609 shares of the utilities provider’s stock worth $45,000 after purchasing an additional 215 shares during the last quarter. 69.13% of the stock is currently owned by institutional investors and hedge funds.

ONEOK Price Performance

Shares of ONEOK stock opened at $88.26 on Monday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.56 and a current ratio of 0.71. The firm’s 50-day simple moving average is $88.56 and its 200-day simple moving average is $81.98. ONEOK, Inc. has a twelve month low of $64.02 and a twelve month high of $96.07. The firm has a market cap of $55.61 billion, a P/E ratio of 15.73, a price-to-earnings-growth ratio of 6.60 and a beta of 0.74.

ONEOK (NYSE:OKE) last issued its earnings results on Tuesday, April 28th. The utilities provider reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.30 by ($0.07). ONEOK had a net margin of 10.03% and a return on equity of 16.06%. The business had revenue of $9.62 billion for the quarter, compared to analyst estimates of $8.23 billion. During the same quarter last year, the firm posted $1.04 earnings per share. ONEOK has set its FY 2026 guidance at 5.530-5.530 EPS. As a group, research analysts expect that ONEOK, Inc. will post 5.72 EPS for the current fiscal year.

ONEOK Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were given a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Monday, May 4th. ONEOK’s payout ratio is 76.29%.

Analyst Upgrades and Downgrades

OKE has been the topic of several research analyst reports. Wolfe Research lowered shares of ONEOK from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, February 25th. Morgan Stanley raised their price target on shares of ONEOK from $104.00 to $113.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 7th. Raymond James Financial restated an “outperform” rating and issued a $92.00 price target on shares of ONEOK in a research report on Thursday, April 30th. Royal Bank Of Canada raised their price target on shares of ONEOK from $79.00 to $84.00 and gave the stock a “sector perform” rating in a research report on Thursday, March 19th. Finally, TD Cowen raised their price target on shares of ONEOK from $80.00 to $85.00 and gave the stock a “hold” rating in a research report on Thursday, April 30th. Eight analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $91.88.

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.