
Principal Financial Group Inc. reduced its stake in ONEOK, Inc. by 2.7% in the second quarter, selling 21,412 shares but still owning 762,709 shares valued at approximately $66.3 million. Despite this reduction, institutional investors collectively hold 69.13% of ONEOK. The company recently reported strong quarterly earnings, exceeding analyst estimates for both EPS and revenue, and announced a quarterly dividend of $1.07.
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