<div id="readability-page-1"><p>WBI Investments LLC acquired a new position in shares of  ONEOK, Inc. (NYSE:OKE - Free Report) during the first quarter, according to its most recent filing with the Securities &amp; Exchange Commission. The institutional investor  acquired 5,456 shares of the utilities provider's stock, valued at approximately $541,000.</p><ul><li>Build Stability and Income With 3 Overlooked Dividend Leaders</li></ul><p>A number of other large investors have also recently bought and sold shares of OKE. Merit Financial Group LLC boosted its stake in shares of  ONEOK by 11.4% in the 1st quarter. Merit Financial Group LLC now owns 11,505 shares of the utilities provider's stock valued at $1,142,000 after purchasing an additional 1,180 shares in the last quarter.  Dark Forest Capital Management LP boosted its stake in shares of  ONEOK by 409.5% in the 1st quarter. Dark Forest Capital Management LP now owns 40,372 shares of the utilities provider's stock valued at $4,006,000 after purchasing an additional 32,448 shares in the last quarter.  Capital Investment Advisors LLC boosted its stake in shares of  ONEOK by 3.9% in the 1st quarter. Capital Investment Advisors LLC now owns 289,997 shares of the utilities provider's stock valued at $28,774,000 after purchasing an additional 10,957 shares in the last quarter.  Kentucky Retirement Systems Insurance Trust Fund boosted its stake in shares of  ONEOK by 146.9% in the 1st quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 18,033 shares of the utilities provider's stock valued at $1,789,000 after purchasing an additional 10,728 shares in the last quarter.  Finally, Advisor Resource Council acquired a new stake in shares of  ONEOK in the 1st quarter valued at approximately $511,000. 69.13% of the stock is currently owned by institutional investors and hedge funds. </p><h2>Analysts Set New Price Targets</h2><p>A number of equities research analysts have recently weighed in on the stock. Scotiabank  set a $92.00 price target on shares of ONEOK and gave the company a &#34;sector outperform&#34; rating in a research note on Tuesday, July 15th. Mizuho reduced their price target on shares of ONEOK from $87.00 to $82.00 and set a &#34;neutral&#34; rating on the stock in a research note on Friday, August 29th. JPMorgan Chase &amp; Co. raised their price objective on shares of ONEOK from $94.00 to $97.00 and gave the company an &#34;overweight&#34; rating in a report on Thursday, July 3rd. Morgan Stanley dropped their price objective on shares of ONEOK from $122.00 to $110.00 and set an &#34;overweight&#34; rating for the company in a report on Tuesday, August 26th. Finally, Barclays  set a $83.00 price objective on shares of ONEOK in a report on Thursday, August 14th. One analyst  has rated the stock with a Strong Buy rating, nine have issued  a Buy rating and six have issued  a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $100.60.</p><ul><li>5 Stocks With Above-Market Yields Just Raised Payments Further</li></ul><p><b>Get Our Latest Research Report on OKE</b></p><h2>ONEOK Price Performance</h2><p>Shares of NYSE OKE opened at $73.35 on Friday. The company has a market capitalization of $46.19 billion, a P/E ratio of 14.30, a price-to-earnings-growth ratio of 1.74 and a beta of 1.04. ONEOK, Inc. has a 52-week low of $70.63 and a 52-week high of $118.07. The company has a debt-to-equity ratio of 1.35, a quick ratio of 0.46 and a current ratio of 0.59. The company's 50 day moving average price is $77.35 and its 200-day moving average price is $83.50. </p><ul><li>3 Natural Gas Stocks Set to Thrive in This Winter's Freeze</li></ul><p>ONEOK (NYSE:OKE - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The utilities provider reported $1.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.33 by $0.01. The firm had revenue of $8.21 billion for the quarter, compared to the consensus estimate of $7.20 billion. ONEOK had a net margin of 11.06% and a return on equity of 14.90%. During the same quarter in the previous year, the company earned $1.33 EPS.  ONEOK has set its FY 2025 guidance at 5.370-5.370 EPS. Equities analysts forecast that  ONEOK, Inc. will post 5.07 earnings per share for the current year. </p><h2>ONEOK Dividend Announcement</h2><p>The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Friday, August 1st were paid a $1.03 dividend. The ex-dividend date was Friday, August 1st. This represents a $4.12 annualized dividend and a dividend yield of 5.6%. ONEOK's payout ratio is currently 80.31%. </p><h2>ONEOK Profile</h2> (Free Report)<p>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.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than ONEOK</li><li>When to Sell a Stock for Profit or Loss</li><li>High-Flyers Near Resistance: 3 Stocks to Watch for a Dip</li><li>Growth Stocks: What They Are, What They Are Not</li><li>Seagate Technology Leads S&amp;P 500: What’s Behind Its 120% Gain?</li><li>What to Know About Investing in Penny Stocks</li><li>Vanguard’s VUG ETF: The Ultimate Growth ETF for Your Portfolio</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9LRQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9LRQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in ONEOK Right Now?</h2><p>Before you consider ONEOK, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ONEOK wasn't on the list.</p><p>While ONEOK currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>WBI Investments LLC has made a new investment of approximately $541,000 in ONEOK, Inc. (NYSE:OKE), acquiring 5,456 shares during the first quarter. Other institutional investors have also increased their stakes in ONEOK. Analysts have set various price targets for the stock, with a consensus rating of "Moderate Buy" and a price target of $100.60. ONEOK reported earnings of $1.34 per share for the last quarter, exceeding estimates, and announced a quarterly dividend of $1.03, yielding 5.6%.</p>

WBI Investments LLC Makes New $541,000 Investment in ONEOK, Inc. $OKE