US Capital Advisors Upgrades ONEOK (NYSE:OKE) to “Moderate Buy”

ONEOK (NYSE:OKE) was upgraded by research analysts at US Capital Advisors from a “hold” rating to a “moderate buy” rating in a report released 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.

Several other research firms have also recently commented on OKE. Citigroup upped their target price on shares of ONEOK from $85.00 to $102.00 and gave the stock a “buy” rating in a research report on Tuesday, September 3rd. Barclays upped their target price on shares of ONEOK from $94.00 to $99.00 and gave the stock an “equal weight” rating in a research report on Monday, November 4th. Truist Financial upped their target price on shares of ONEOK from $83.00 to $99.00 and gave the stock a “hold” rating in a research report on Wednesday, October 30th. Mizuho raised shares of ONEOK to a “hold” rating in a research note on Thursday, November 7th. Finally, Morgan Stanley raised shares of ONEOK from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $103.00 to $111.00 in a research note on Monday, September 16th. Seven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to MarketBeat, ONEOK currently has an average rating of “Moderate Buy” and an average price target of $100.38.

ONEOK Price Performance

Shares of NYSE:OKE opened at $112.59 on Tuesday. The company has a quick ratio of 0.59, a current ratio of 0.81 and a debt-to-equity ratio of 1.59. ONEOK has a fifty-two week low of $65.49 and a fifty-two week high of $118.07. The firm has a 50-day simple moving average of $99.98 and a 200 day simple moving average of $89.62. The company has a market cap of $65.77 billion, a PE ratio of 23.55, a P/E/G ratio of 5.56 and a beta of 1.66.

ONEOK (NYSE:OKE) last posted its 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 firm had revenue of $5.02 billion during the quarter, compared to the consensus estimate of $5.81 billion. During the same quarter last year, the company posted $0.99 EPS. On average, sell-side analysts anticipate that ONEOK will post 5.15 EPS for the current year.

Insider Activity at ONEOK

In related news, Director Pattye L. Moore sold 3,379 shares of the company’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $92.01, for a total value of $310,901.79. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.20% of the company’s stock.

Institutional Investors Weigh In On ONEOK

Several hedge funds have recently made changes to their positions in the company. International Assets Investment Management LLC increased its stake in ONEOK by 9,439.9% in the 3rd quarter. International Assets Investment Management LLC now owns 3,230,989 shares of the utilities provider’s stock valued at $294,440,000 after buying an additional 3,197,121 shares during the period. Charles Schwab Investment Management Inc. grew its position in ONEOK by 3.9% in the 3rd 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. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in ONEOK in the 3rd quarter worth $47,957,000. Bahl & Gaynor Inc. boosted its position in shares of ONEOK by 3,648.4% during the 2nd quarter. Bahl & Gaynor Inc. now owns 514,954 shares of the utilities provider’s stock valued at $41,995,000 after acquiring an additional 501,216 shares in the last quarter. Finally, Yaupon Capital Management LP acquired a new stake in shares of ONEOK during the 3rd quarter valued at about $45,194,000. Hedge funds and other institutional investors own 69.13% of the company’s stock.

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.