Royal Fund Management 13F: Exits ONEOK (OKE) Stake

Royal Fund Management sold out of its investment in ONEOK, Inc. (OKE), unloading its entire stake of 80,298 shares. Disclosed in a Form 13F filing with the SEC on October 22, 2026, the complete exit erased a position that was previously valued at a higher level before the stock closed at $93.95 on the filing date.

OKE ONEOK, Inc.

$93.95 ▲ +31.20% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Royal Fund Management's OKE Position

Royal Fund Management completely closed out its holdings in the midstream energy company. The firm dropped its prior count of 80,298 shares down to zero, representing a 100.0% reduction for the reported period.

Other Institutional Activity in ONEOK, Inc.

Other investment managers also adjusted their positions in the energy infrastructure provider during the filing period. Retirement Investment Advisors sold its entire stake of 13,356 shares, ending with zero shares. True North Advisors initiated a new position by acquiring 7,312 shares worth about $623,494. Capital International Investors grew its holdings by 4,087,211 shares, ending with 17,204,063 shares worth about $1,615,461,541. First Eagle Investment Management, LLC grew its holdings by 155,337 shares, ending with 11,834,827 shares worth about $1,111,290,273.

ONEOK, Inc. Stock Down 1.6%

ONEOK shares recently traded around $91.61 as of October 23, 2026, sitting below the closing price of $93.95 recorded on the filing date. The stock has traded between a 52-week low of $64.02 and a 52-week high of $99.85.

Recent Earnings

The company reported trailing-twelve-month revenue of $39,366,000,640 alongside earnings of $5.84 per share. Its next quarterly financial update is scheduled for release on October 27, 2026.

Dividend

The firm pays an annual dividend rate of $4.28 per share, giving the stock a dividend yield of 4.56% based on recent market pricing.

Insider Buying and Selling at ONEOK, Inc.

Company insiders have also transacted in the shares, including a purchase by director Brian Lloyd Derksen, who bought 2,500 shares at $66.00 apiece for a total value of $165,000 on November 3, 2025.

Analysts Set New Price Targets

Wall Street firms have actively updated their views on the pipeline operator. On September 3, 2026, Citigroup maintained a buy rating while lifting its target to $108.00 from $97.00. Morgan Stanley maintained an equal-weight rating on September 9, 2026, raising its target to $112.00 from $105.00. TD Cowen maintained a hold rating on September 11, 2026, adjusting its target to $93.00 from $90.00. JP Morgan maintained a neutral rating on October 6, 2026, adjusting its target to $100.00 from $106.00. RBC Capital maintained a sector perform rating on October 21, 2026, lifting its target to $96.00 from $90.00. Across the broader analyst community tracked by the company, the stock holds a consensus buy rating with a mean target price of $101.10 across 20 opinions.

About ONEOK, Inc.

ONEOK, Inc. operates as a midstream service provider handling the gathering, processing, fractionation, transportation, storage, and marine export of energy products across the United States. Headquartered in Tulsa, Oklahoma, the company manages extensive infrastructure assets spanning natural gas gathering, natural gas liquids, pipelines, and refined products.

Bottom Line

Investors will look toward the upcoming earnings release on October 27, 2026, for fresh operational updates. Institutional portfolio adjustments and upcoming regulatory filings will continue to shape market sentiment around the midstream operator.