ONEOK, Inc. (NYSE:OKE) institutional owners may be pleased with recent gains after 8.2% loss over the past year

Simply Wall St

Thu, February 12, 2026 at 8:00 PM GMT+9 4 min read

In this article:

OKE

+1.73%

Key Insights

Significantly high institutional ownership implies ONEOK's stock price is sensitive to their trading actions

50% of the business is held by the top 25 shareholders

Ownership research along with  analyst forecasts data  help provide a good understanding of opportunities in a stock

Trump has pledged to “unleash” American oil and gas and these 15 US stocks have developments that are poised to benefit.

To get a sense of who is truly in control of ONEOK, Inc. (NYSE:OKE), it is important to understand the ownership structure of the business. We can see that institutions own the lion’s share in the company with 76% ownership. Put another way, the group faces the maximum upside potential (or downside risk).

After a year of 8.2% losses, last week’s 5.7% gain would be welcomed by institutional investors as a possible sign that returns might start trending higher.

Let’s delve deeper into each type of owner of ONEOK, beginning with the chart below.

View our latest analysis for ONEOK

NYSE:OKE Ownership Breakdown February 12th 2026

What Does The Institutional Ownership Tell Us About ONEOK?

Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index.

We can see that ONEOK does have institutional investors; and they hold a good portion of the company’s stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. If multiple institutions change their view on a stock at the same time, you could see the share price drop fast. It’s therefore worth looking at ONEOK’s earnings history below. Of course, the future is what really matters.

NYSE:OKE Earnings and Revenue Growth February 12th 2026

Since institutional investors own more than half the issued stock, the board will likely have to pay attention to their preferences. ONEOK is not owned by hedge funds. The Vanguard Group, Inc. is currently the largest shareholder, with 12% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 8.9% of common stock, and State Street Global Advisors, Inc. holds about 6.0% of the company stock.

Looking at the shareholder registry, we can see that 50% of the ownership is controlled by the top 25 shareholders, meaning that no single shareholder has a majority interest in the ownership.

While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. Quite a few analysts cover the stock, so you could look into forecast growth quite easily.

Story Continues  

Insider Ownership Of ONEOK

The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves.

Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group.

Our information suggests that ONEOK, Inc. insiders own under 1% of the company. It is a very large company, so it would be surprising to see insiders own a large proportion of the company. Though their holding amounts to less than 1%, we can see that board members collectively own US$96m worth of shares (at current prices). Arguably recent buying and selling is just as important to consider. You can click here to see if insiders have been buying or selling.

General Public Ownership

The general public-- including retail investors – own 23% stake in the company, and hence can’t easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies.

Next Steps:

I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. For example, we’ve discovered 2 warning signs for ONEOK (1 is a bit unpleasant!) that you should be aware of before investing here.

If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures.

Have feedback on this article? Concerned about the content? Get in touch** with us directly.**_ Alternatively, email editorial-team (at) simplywallst.com._

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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