ONEOK (NYSE:OKE) Upgraded to Moderate Buy at US Capital Advisors

ONEOK (NYSE:OKE) was upgraded by equities researchers at US Capital Advisors from a “hold” rating to a “moderate buy” rating in a research note issued to 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.

A number of other research firms have also recently weighed in on OKE. Bank of America started coverage on shares of ONEOK in a report on Thursday, October 17th. They issued a “buy” rating and a $105.00 price target on the stock. Citigroup boosted their price target on ONEOK from $85.00 to $102.00 and gave the company a “buy” rating in a research note on Tuesday, September 3rd. Royal Bank of Canada raised their price objective on ONEOK from $89.00 to $98.00 and gave the stock a “sector perform” rating in a research note on Wednesday, October 16th. Wells Fargo & Company upped 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, Scotiabank lifted their price objective on shares of ONEOK from $88.00 to $102.00 and gave the company a “sector outperform” rating in a research note on Friday, August 30th. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $100.38.

ONEOK Stock Performance

Shares of OKE stock opened at $113.45 on Tuesday. The company’s 50 day moving average is $99.60 and its 200 day moving average is $89.46. The company has a quick ratio of 0.59, a current ratio of 0.81 and a debt-to-equity ratio of 1.59. The firm has a market cap of $66.28 billion, a price-to-earnings ratio of 23.73, a PEG ratio of 5.56 and a beta of 1.66. ONEOK has a 52-week low of $65.49 and a 52-week high of $118.07.

ONEOK (NYSE:OKE) last released its quarterly earnings results on Tuesday, October 29th. The utilities provider reported $1.18 EPS for the quarter, missing the consensus estimate of $1.23 by ($0.05). ONEOK had a return on equity of 16.84% and a net margin of 14.05%. The company had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $5.81 billion. During the same period in the previous year, the firm posted $0.99 earnings per share. On average, sell-side analysts anticipate that ONEOK will post 5.15 EPS for the current fiscal year.

Insider Buying and Selling at ONEOK

In other ONEOK news, Director Pattye L. Moore sold 3,379 shares of the business’s stock in a transaction that occurred on Thursday, September 5th. The stock was sold at an average price of $92.01, for a total transaction of $310,901.79. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.20% of the company’s stock.

Institutional Trading of ONEOK

A number of institutional investors have recently made changes to their positions in the company. National Pension Service boosted its stake in ONEOK by 1.6% during the 3rd quarter. National Pension Service now owns 763,833 shares of the utilities provider’s stock worth $69,608,000 after purchasing an additional 12,349 shares during the last quarter. Leavell Investment Management Inc. lifted its stake in shares of ONEOK by 3.8% in the third quarter. Leavell Investment Management Inc. now owns 141,236 shares of the utilities provider’s stock worth $12,871,000 after buying an additional 5,175 shares in the last quarter. Caxton Associates LP acquired a new position in ONEOK during the second quarter worth about $1,225,000. Point72 Europe London LLP purchased a new stake in ONEOK during the 2nd quarter valued at about $15,008,000. Finally, Nations Financial Group Inc. IA ADV lifted its stake in ONEOK by 11.1% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 54,557 shares of the utilities provider’s stock worth $4,972,000 after purchasing an additional 5,451 shares in the last quarter. 69.13% of the stock is owned by institutional investors and hedge funds.

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.