ONEOK shares fell -1.7% this afternoon to a price of $108.58. The stock is still trading within range of its average target price of $108.46, and over the last 52 weeks, it has recorded a 61.4% performance. Analysts have given the Large-Cap Oil & Gas Drilling stock target prices ranging from $89.0 to $147.0 dollars per share, with an average rating of buy.
ONEOK's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.7%. The stock's short ratio is 4.88. The company's insiders own 0.21% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 71.7%. In conclusion, we believe there is mixed market sentiment regarding ONEOK.
Institutions Invested in ONEOK
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Vanguard Group Inc | 12% | 69,561,475 | $7,553,332,699 |
| 2024-09-30 | Blackrock Inc. | 9% | 53,456,807 | $5,804,607,339 |
| 2024-09-30 | State Street Corporation | 7% | 39,063,519 | $4,241,712,174 |
| 2024-09-30 | Charles Schwab Investment Management, Inc. | 3% | 17,480,774 | $1,898,149,828 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 13,680,875 | $1,485,537,799 |
| 2024-09-30 | Morgan Stanley | 2% | 10,299,618 | $1,118,384,011 |
| 2024-09-30 | Deutsche Bank Aktiengesellschaft | 2% | 9,638,053 | $1,046,547,976 |
| 2024-09-30 | Invesco Ltd. | 1% | 7,767,244 | $843,406,182 |
| 2024-09-30 | Tortoise Capital Advisors, LLC | 1% | 6,542,947 | $710,465,894 |
| 2024-09-30 | Legal & General Group PLC | 1% | 5,895,531 | $640,166,228 |
