<div id="readability-page-1"><p>Chickasaw Capital Management LLC boosted its stake in shares of  ONEOK, Inc. (NYSE:OKE - Free Report) by 2.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,130,173 shares of the utilities provider's stock after purchasing an additional 55,379 shares during the quarter. ONEOK makes up   6.9% of Chickasaw Capital Management LLC's investment portfolio, making the stock its 7th biggest holding. Chickasaw Capital Management LLC owned approximately 0.34% of ONEOK worth $173,886,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><ul><li>Build Stability and Income With 3 Overlooked Dividend Leaders</li></ul><p>Several other large investors also recently bought and sold shares of the stock. Marcum Wealth LLC lifted its position in  ONEOK by 1.1% during the 1st quarter. Marcum Wealth LLC now owns 10,250 shares of the utilities provider's stock worth $1,017,000 after acquiring an additional 108 shares during the period.  Presima Securities ULC lifted its position in  ONEOK by 1.4% during the 1st quarter. Presima Securities ULC now owns 9,477 shares of the utilities provider's stock worth $940,000 after acquiring an additional 127 shares during the period.  Morey &amp; Quinn Wealth Partners LLC lifted its position in  ONEOK by 0.8% during the 1st quarter. Morey &amp; Quinn Wealth Partners LLC now owns 15,722 shares of the utilities provider's stock worth $1,560,000 after acquiring an additional 130 shares during the period.  Visionary Wealth Advisors lifted its position in  ONEOK by 2.1% during the 4th quarter. Visionary Wealth Advisors now owns 6,320 shares of the utilities provider's stock worth $635,000 after acquiring an additional 132 shares during the period.  Finally, Clearstead Trust LLC lifted its position in  ONEOK by 5.0% during the 1st quarter. Clearstead Trust LLC now owns 2,792 shares of the utilities provider's stock worth $277,000 after acquiring an additional 133 shares during the period. Hedge funds and other institutional investors own  69.13% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><p>OKE has been the subject of several recent analyst reports. Barclays  set a $83.00 price target on ONEOK in a report on Thursday, August 14th. JPMorgan Chase &amp; Co. raised their price target on ONEOK from $94.00 to $97.00 and gave the company an &#34;overweight&#34; rating in a report on Thursday, July 3rd. Raymond James Financial  reissued an &#34;outperform&#34; rating on shares of ONEOK in a report on Friday, August 1st. Scotiabank  set a $92.00 price target on ONEOK and gave the company a &#34;sector outperform&#34; rating in a report on Tuesday, July 15th. Finally, TD Cowen began coverage on ONEOK in a report on Monday, July 7th. They issued a &#34;hold&#34; rating and a $91.00 price target for the company. One investment 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 company's stock. According to MarketBeat.com, the stock presently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price 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 Trading Up 0.3%</h2><p>Shares of OKE opened at $72.82 on Thursday. The stock's 50-day moving average is $76.68 and its two-hundred day moving average is $82.83. The stock has a market cap of $45.86 billion, a PE ratio of 14.19, a P/E/G ratio of 1.73 and a beta of 1.04. ONEOK, Inc. has a 12 month low of $70.63 and a 12 month high of $118.07. The company has a debt-to-equity ratio of 1.35, a current ratio of 0.59 and a quick ratio of 0.46. </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 announced its 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. ONEOK had a return on equity of 14.90% and a net margin of 11.06%.The business had revenue of $8.21 billion for the quarter, compared to analyst estimates of $7.20 billion. During the same period in the previous year, the company earned $1.33 earnings per share.  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 fiscal year. </p><h2>ONEOK Dividend Announcement</h2><p>The firm also recently announced a quarterly dividend, which was paid on Thursday, August 14th. Stockholders of record on Friday, August 1st were given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date of this dividend was Friday, August 1st. ONEOK's payout ratio is presently 80.31%. </p><h2>About ONEOK</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>Further Reading</h2><ul><li>Five stocks we like better than ONEOK</li><li>How to Buy Gold Stock and Invest in Gold</li><li>Biotech Breakouts: 3 Stocks With Massive Upside Potential</li><li>Growth Stocks: What They Are, What They Are Not</li><li>Powering Up: A Buy Rating Signals GE Vernova's AI Tailwinds</li><li>What is Forex and How Does it Work? </li><li>The Side of Rate Cuts Nobody Is Telling You About</li></ul><p><strong>Want to see what other hedge funds are holding OKE?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ONEOK, Inc. (NYSE:OKE - Free Report).</p><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>Chickasaw Capital Management LLC increased its stake in ONEOK, Inc. (NYSE:OKE) by 2.7% in Q2, owning 2,130,173 shares valued at approximately $173.89 million. The stock constitutes 6.9% of its portfolio. Other investors also raised their positions in ONEOK. Analysts have set price targets ranging from $83.00 to $100.60, with a consensus rating of "Moderate Buy." ONEOK reported Q2 earnings of $1.34 per share, exceeding estimates, and announced a quarterly dividend of $1.03 per share.</p>

ONEOK, Inc. $OKE Stock Position Raised by Chickasaw Capital Management LLC