ONEOK's Synergy Progress and Guidance on $250 Million Target

ONEOK, Inc. is focusing on integrating its recently acquired assets and tracking progress towards its synergy targets and 2025 guidance. The company is well ahead of its expectation for $250 million in synergies in 2025, particularly in the Magellan acquisition, which was completed in September 2023. One-time charges related to the acquisition and integration are expected to be completed by the end of 2025.

Northwestern Mutual Wealth Management Co. recently increased its stake in ONEOK, Inc. (NYSE: OKE) by 10.1%, acquiring an additional 5,257 shares, bringing its total to 57,431 shares valued at approximately $5.7 million [1]. This move follows ONEOK's strong financial performance, with earnings of $1.34 per share for the quarter, exceeding expectations, and revenue reaching $8.21 billion, significantly above the projected $7.20 billion [1]. The company's quarterly dividend of $1.03 per share was declared, resulting in an annualized payout of $4.12 and a yield of 5.5% [1].

ONEOK, Inc. is focusing on integrating its recently acquired assets and tracking progress towards its synergy targets and 2025 guidance. The company is well ahead of its expectation for $250 million in synergies in 2025, particularly in the Magellan acquisition, which was completed in September 2023 [1]. One-time charges related to the acquisition and integration are expected to be completed by the end of 2025.

The company's strong financial performance and strategic focus on integration and synergy targets have attracted significant institutional investment. Northwestern Mutual Wealth Management Co. and other large investors have recently modified their holdings in ONEOK, with notable increases in positions by Greenline Partners LLC, First Pacific Financial, Vermillion Wealth Management Inc., Financial Network Wealth Advisors LLC, and MorganRosel Wealth Management LLC [1].

ONEOK's stock has seen fluctuations in recent trading hours, with a decrease of 2.2% to $74.72, trading down $1.66 during the session [1]. The company's financial metrics, including a current ratio of 0.59, a quick ratio of 0.46, and a debt-to-equity ratio of 1.35, provide a snapshot of its liquidity and leverage [1].

Analysts have weighed in on ONEOK's stock, with a mix of ratings including "hold," "neutral," "overweight," and "buy." The stock has an average rating of "Moderate Buy" and an average target price of $100.60 [1]. Despite the recent increase in institutional investment, ONEOK is not among the top stocks recommended by top-rated analysts, who believe other stocks offer better opportunities [1].

ONEOK's focus on integration and synergy targets, coupled with its strong financial performance, positions the company for continued growth and potential value creation for investors. As the company continues to track progress towards its 2025 guidance, investors should closely monitor ONEOK's integration efforts and financial results.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-northwestern-mutual-wealth-management-co-buys-5257-shares-of-oneok-inc-oke-2025-08-28/