Kinetik (NYSE:KNTK) Raised to “Strong-Buy” at Truist Financial

Kinetik (NYSE:KNTK) was upgraded by investment analysts at Truist Financial to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

KNTK has been the topic of several other reports. Citigroup upped their price target on shares of Kinetik from $46.00 to $51.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Scotiabank boosted their price objective on shares of Kinetik from $49.00 to $51.00 and gave the company a “sector outperform” rating in a report on Tuesday, March 17th. Royal Bank Of Canada increased their target price on shares of Kinetik from $46.00 to $49.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 10th. UBS Group lowered their target price on shares of Kinetik from $49.00 to $48.00 and set a “neutral” rating on the stock in a report on Monday, March 16th. Finally, Zacks Research downgraded shares of Kinetik from a “hold” rating to a “strong sell” rating in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Kinetik presently has an average rating of “Moderate Buy” and an average target price of $46.83.

Kinetik Trading Up 2.2%

NYSE:KNTK opened at $46.82 on Monday. The stock has a market cap of $7.59 billion, a P/E ratio of 18.22, a PEG ratio of 1.55 and a beta of 0.70. The stock has a 50 day simple moving average of $42.88 and a 200 day simple moving average of $39.41. Kinetik has a 1-year low of $31.33 and a 1-year high of $54.94.

Kinetik (NYSE:KNTK) last issued its quarterly earnings data on Thursday, February 26th. The company reported $2.16 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $2.01. The firm had revenue of $430.42 million for the quarter. Kinetik had a negative return on equity of 32.70% and a net margin of 29.23%.The business’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.01 earnings per share.

Insiders Place Their Bets

In related news, insider Trevor Howard sold 1,619 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $46.92, for a total value of $75,963.48. Following the sale, the insider directly owned 249,795 shares of the company’s stock, valued at $11,720,381.40. This trade represents a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Isq Global Fund Ii Gp Llc sold 4,000,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $44.85, for a total transaction of $179,400,000.00. Following the completion of the sale, the insider owned 1 shares in the company, valued at approximately $44.85. The trade was a 100.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 4,015,831 shares of company stock worth $180,054,928. 3.83% of the stock is currently owned by company insiders.

Institutional Trading of Kinetik

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Kinetik by 9.4% during the fourth quarter. Vanguard Group Inc. now owns 5,096,786 shares of the company’s stock worth $183,739,000 after buying an additional 439,586 shares in the last quarter. Zimmer Partners LP acquired a new stake in shares of Kinetik during the 4th quarter valued at $98,611,000. Cohen & Steers Inc. grew its position in Kinetik by 82.5% during the 4th quarter. Cohen & Steers Inc. now owns 1,843,506 shares of the company’s stock worth $66,458,000 after acquiring an additional 833,224 shares during the last quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT grew its position in Kinetik by 86.5% during the 4th quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 1,843,400 shares of the company’s stock worth $66,455,000 after acquiring an additional 855,000 shares during the last quarter. Finally, Invesco Ltd. raised its position in Kinetik by 22.4% in the fourth quarter. Invesco Ltd. now owns 1,775,216 shares of the company’s stock valued at $63,997,000 after purchasing an additional 325,251 shares during the last quarter. Institutional investors own 21.11% of the company’s stock.

More Kinetik News

Here are the key news stories impacting Kinetik this week:

• Positive Sentiment: Truist Securities initiated coverage with a “buy”/”strong-buy” stance and set a $53 price target (~13% upside vs. the current $46.82 level), providing a prominent sell-side catalyst and increased analyst visibility. Read More.
• Positive Sentiment: An investment manager disclosed a new KNTK position valued at nearly $100 million in a recent SEC filing — a meaningful institutional vote of confidence that can support the stock and increase demand. Read More.
• Neutral Sentiment: US Capital Advisors published multi-quarter and multi-year EPS models (FY2026–FY2028). The firm projects FY2028 EPS of $2.23 and FY2027 EPS of $1.65 — these longer‑range estimates suggest upside later in the cycle but depend on execution and commodity/transport fundamentals. Read More.
• Negative Sentiment: US Capital Advisors trimmed multiple near‑term quarterly and FY2026 EPS forecasts (e.g., FY2026 now $1.10 vs. prior $1.30; several quarterly cuts), implying softer near‑term earnings expectations that could pressure the stock if quarterly results follow the lower trajectory. Read More.

Kinetik Company Profile

Kinetik (NYSE: KNTK) is a publicly listed midstream energy company focused on the development, operation and management of natural gas infrastructure across the United States. The company’s core business activities include the gathering, compression, processing, storage and transportation of natural gas, serving producers, utilities and industrial consumers. By integrating a suite of midstream services under a single platform, Kinetik aims to provide efficient, cost-effective and reliable solutions across the natural gas value chain.

The company was established in 2021 when assets were acquired from Talen Energy by a subsidiary of ArcLight Capital Partners, forming a comprehensive portfolio of pipelines, compression facilities and underground storage assets.