Concurrent Investment Advisors 13F: New $17M Stake in ONEOK (OKE)

Concurrent Investment Advisors has taken a new position in ONEOK, Inc. (NYSE: OKE), acquiring 198,034 shares valued at approximately $16.9 million. This move was disclosed in a filing on October 16, 2026, and marks the fund's entry into the company.

What Changed in Concurrent Investment Advisors' ONEOK Position

Concurrent Investment Advisors opened a new position with 198,034 shares, indicating strong interest in ONEOK. This new stake valued at about $16.9 million reflects a notable investment in the energy sector.

Other Institutional Activity in ONEOK

Several other institutional investors have also shown interest in ONEOK. Blackrock Inc. has 64,537,467 shares worth approximately $6.0 billion after increasing its holdings by 5,148,982 shares. State Street Corporation holds 43,633,749 shares valued at about $4.1 billion, having added 2,058,000 shares recently. Vanguard Capital Management LLC maintains 41,112,675 shares worth around $3.8 billion, while Charles Schwab Investment Management, Inc. has 20,373,418 shares valued at about $1.9 billion after increasing its stake by 2,004,093 shares.

ONEOK, Inc. Stock Up 2.8%

As of October 16, 2026, ONEOK shares are trading at $93.16, which is above both the 50-day and 200-day moving averages, suggesting the stock is performing well recently. However, it is still below its 52-week high of $99.85 by about 6.7%. The recent price is also below the average price target of $100.55 set by analysts, indicating potential for upward movement.

Recent Earnings

ONEOK reported trailing twelve-month revenue of approximately $39.37 billion, with an earnings per share (EPS) of $5.79. The company has demonstrated solid revenue growth year-over-year at 52.8% and has a net margin of 9.3%. Its next earnings report is scheduled for October 27, 2026.

Dividend

ONEOK pays an annual dividend rate of $4.28, providing a yield of 4.72%. The dividend payout ratio is 72.5%, showing a commitment to returning value to shareholders.

Insider Buying and Selling at ONEOK, Inc.

In recent insider transactions, Brian Lloyd Derksen, a Director at ONEOK, purchased 2,500 shares at an average price of $66.00, totaling $165,000 on November 3, 2025.

Analysts Set New Price Targets

On September 2, 2026, Jefferies maintained a Hold rating with a price target of $105.00. Citigroup also maintained a Buy rating with a target of $108.00 on September 3. Morgan Stanley has an Equal-Weight rating with a price target of $112.00 as of September 9. JP Morgan maintained a Neutral rating with a target of $100.00, reflecting cautious optimism about the stock's performance.

About ONEOK

ONEOK, Inc. is a midstream service provider in the energy sector, focusing on gathering, processing, transportation, and storage services for natural gas and other products. With a significant market cap of about $58.8 billion, the company plays a vital role in the oil and gas midstream industry.

Bottom Line

Watch for ONEOK's upcoming earnings report on October 27, 2026, as the company continues to attract investor attention. The new position taken by Concurrent Investment Advisors indicates growing interest in this energy player, and the recent filings reflect a dynamic market environment that could influence future movements. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.