Cyndeo Wealth Partners 13F: Exits ONEOK (OKE) Stake

Cyndeo Wealth Partners has completely exited its stake in ONEOK, Inc. (NYSE: OKE), selling all 123,497 shares valued at about $11.5 million. This sale was detailed in a filing on October 16, 2026. The fund had previously held these shares, marking a 100% decrease in its position.

Other Institutional Activity in ONEOK, Inc.

Several other institutional investors also hold significant positions in ONEOK. Blackrock Inc. maintained its holdings, ending with about 64.5 million shares worth approximately $6.0 billion. State Street Corporation also kept its stake, holding about 43.6 million shares valued at about $4.1 billion. Meanwhile, Vanguard Capital Management LLC stands with 41.1 million shares worth around $3.8 billion, while Vanguard Portfolio Management LLC holds about 30.9 million shares valued at approximately $2.9 billion. Charles Schwab Investment Management, Inc. increased its stake by 2.0 million shares, bringing its total to about 20.4 million shares worth about $1.9 billion.

ONEOK, Inc. Stock Up 2.8%

ONEOK shares recently traded around $93.16, which is currently above its 50-day moving average of $92.39 and its 200-day moving average of $87.55. However, the stock is 6.7% below its 52-week high of $99.85. The recent trading position suggests a mixed sentiment among investors, with the stock also sitting about 7.3% below the average analyst price target of $100.55.

Recent Earnings

For the trailing twelve months, ONEOK reported revenue of approximately $39.4 billion and earnings per share (EPS) of $5.79, reflecting a year-over-year revenue growth of 52.8%. The company's next earnings report is anticipated on October 27, 2026.

Insider Buying and Selling at ONEOK, Inc.

In addition to institutional moves, there was some insider activity at ONEOK. Director Brian Lloyd Derksen purchased 2,500 shares at an average price of $66.00 on November 3, 2025, totaling a value of $165,000.

Analysts Set New Price Targets

Analysts have recently maintained various ratings on ONEOK. Jefferies kept a 'Hold' rating with a target of $105.00 on September 2, while Citigroup maintained a 'Buy' rating with a target of $108.00 on September 3. Morgan Stanley set an 'Equal-Weight' rating with a $112.00 target on September 9. JP Morgan, on October 6, maintained a 'Neutral' rating with a target of $100.00.

About ONEOK, Inc.

ONEOK, Inc., based in Tulsa, OK, provides essential midstream services in the energy sector, focusing on natural gas and liquids. It operates in four segments, including gathering, processing, transportation, and storage services across the United States. This strategic exit by Cyndeo Wealth Partners comes amid a backdrop of strong growth and fluctuating market conditions.

Bottom Line

Watch for ONEOK's upcoming earnings announcement on October 27, 2026, which could provide further insight into the company's performance. The recent changes in institutional holdings, including Cyndeo's complete exit, highlight shifting strategies among investors in the energy sector. 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.