The recent investor activity regarding ONEOK, Inc. (OKE) depicts a mixed picture. Energy Income Partners LLC has it as their 7th largest position, while other firms are significantly increasing their stakes, including Natixis, Intact Investment Management Inc., Ossiam, Glenview Trust co, and Cerity Partners LLC. On the flip side, firms like Bank of Nova Scotia and the State Street Corporation have sold their OKE shares.
Nevertheless, Wall Street analysts remain optimistic, with the stock even being labeled as undervalued and ready to move up. OKE's third-quarter earnings surpassed estimates and also witnessed significant growth. In terms of future prospects, a new gas pipeline was announced with the firm planning on participating in a live webcast at an investor conference.
However, several concerns surface around the moderated 2026 outlook, recent share price weaknesses, profit margin downfall, and post-earnings meltdown. Yet, some believe these issues may provide opportunities for contrarian options traders. Future forecasts and targets for OKE stock also vary, with some rating services reducing their price targets while others maintain their buy rating.
Oneok OKE News Analytics from Tue, 01 Apr 2025 07:00:00 GMT to Sat, 13 Dec 2025 10:51:09 GMT - Rating -1 - Innovation 3 - Information 5 - Rumor -4
