ONEOK (NYSE:OKE) Stock Sold by Rep. Kevin Hern

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of ONEOK, Inc. (NYSE:OKE). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $15,001 and $50,000 in ONEOK stock on September 4th. The trade occurred in the Representative’s “HERN FAMILY REVOCABLE TRUST” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.

ONEOK Stock Performance

Shares of OKE stock traded down $1.43 on Tuesday, reaching $87.19. The stock had a trading volume of 663,969 shares, compared to its average volume of 4,255,661. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.59 and a current ratio of 0.74. ONEOK, Inc. has a 1 year low of $64.02 and a 1 year high of $99.85. The stock has a market cap of $54.96 billion, a P/E ratio of 15.03, a price-to-earnings-growth ratio of 2.52 and a beta of 0.74. The company has a 50 day simple moving average of $92.72 and a 200 day simple moving average of $90.04.

ONEOK (NYSE:OKE) last posted its quarterly earnings data on Monday, August 3rd. The utilities provider reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.07. The company had revenue of $12.05 billion during the quarter, compared to analysts’ expectations of $8.95 billion. ONEOK had a return on equity of 16.41% and a net margin of 9.29%.During the same quarter in the prior year, the business earned $1.34 earnings per share. ONEOK has set its FY 2026 guidance at 5.680-5.680 EPS. Equities research analysts expect that ONEOK, Inc. will post 5.73 EPS for the current year.

ONEOK Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Monday, August 3rd were issued a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Monday, August 3rd. ONEOK’s dividend payout ratio is presently 73.79%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on OKE. Capital One Financial began coverage on shares of ONEOK in a research report on Tuesday, September 22nd. They issued an “overweight” rating and a $110.00 price target on the stock. Wall Street Zen upgraded ONEOK from a “sell” rating to a “hold” rating in a report on Sunday, August 9th. Royal Bank Of Canada raised their price target on shares of ONEOK from $84.00 to $90.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 21st. US Capital Advisors cut shares of ONEOK from a “strong-buy” rating to a “moderate buy” rating in a research report on Thursday, August 20th. Finally, JPMorgan Chase & Co. upped their target price on shares of ONEOK from $95.00 to $106.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $96.88.

Institutional Trading of ONEOK

Hedge funds and other institutional investors have recently made changes to their positions in the business. Pin Oak Investment Advisors Inc. purchased a new stake in ONEOK during the 2nd quarter worth approximately $28,000. Cornerstone Financial Management LLC purchased a new stake in shares of ONEOK during the fourth quarter worth about $29,000. Transamerica Financial Advisors LLC raised its position in shares of ONEOK by 69.6% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 363 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 149 shares during the last quarter. Portus Wealth Advisors LLC acquired a new stake in ONEOK in the 1st quarter worth about $33,000. Finally, Wilkerson Advisory Group LLC increased its stake in ONEOK by 51.4% during the 1st quarter. Wilkerson Advisory Group LLC now owns 392 shares of the utilities provider’s stock worth $35,000 after buying an additional 133 shares in the last quarter. Hedge funds and other institutional investors own 69.13% of the company’s stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About ONEOK

ONEOK, Inc (NYSE: OKE) is a diversified energy infrastructure company that owns and operates midstream assets in the United States. Its operations connect producers, processors, storage facilities and end-use markets across major energy-producing and consuming regions.

The company’s businesses include natural gas gathering, processing, transportation and storage, as well as natural gas liquids (NGL) gathering, fractionation, storage and transportation. ONEOK also operates infrastructure serving refined products and crude oil markets, including pipelines and terminals.