Pinnacle Holdings LLC Invests $4.48 Million in Kinetik Holdings Inc. $KNTK

Pinnacle Holdings LLC bought a new stake in Kinetik Holdings Inc. (NYSE:KNTK) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 92,598 shares of the company’s stock, valued at approximately $4,476,000. Kinetik makes up approximately 1.4% of Pinnacle Holdings LLC’s holdings, making the stock its 12th biggest holding.

A number of other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. lifted its position in Kinetik by 9.4% during the 4th 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 Kinetik in the 4th quarter valued at about $98,611,000. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT increased its position in Kinetik by 1.7% in the 1st quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 1,874,000 shares of the company’s stock valued at $90,720,000 after acquiring an additional 30,600 shares in the last quarter. Cohen & Steers Inc. raised its stake in shares of Kinetik by 82.5% in the fourth 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. Finally, Invesco Ltd. raised its stake in shares of Kinetik by 22.4% in the fourth quarter. Invesco Ltd. now owns 1,775,216 shares of the company’s stock worth $63,997,000 after acquiring an additional 325,251 shares during the last quarter. 21.11% of the stock is owned by institutional investors.

Insider Transactions at Kinetik

In other Kinetik news, major shareholder Isq Global Fund Ii Gp Llc sold 235,349 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $50.52, for a total value of $11,889,831.48. Following the transaction, the insider directly owned 1,691,370 shares of the company’s stock, valued at approximately $85,448,012.40. This trade represents a 12.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 1,005,846 shares of company stock valued at $52,164,684 over the last quarter. 3.56% of the stock is currently owned by company insiders.

Key Kinetik News

Here are the key news stories impacting Kinetik this week:

• Positive Sentiment: US Capital Advisors raised its EPS forecasts for Kinetik across every reported period, including Q3 2026 to $0.34 from $0.33, Q4 2026 to $0.41 from $0.34, and 2027 quarters to $0.45, $0.47, $0.53 and $0.58. The firm maintained a “Strong-Buy” rating, suggesting greater confidence in Kinetik’s earnings trajectory. Kinetik analyst estimates
• Positive Sentiment: Kinetik’s latest quarterly results exceeded expectations by a wide margin. EPS was $0.64 versus the $0.19 consensus estimate, while revenue reached $581.44 million compared with forecasts of $421.48 million. Revenue increased 36.3% year over year, supporting the bullish analyst revisions. Kinetik earnings results
• Neutral Sentiment: Institutional ownership trends were mixed. Several investors, including Bank of New York Mellon, Pinnacle Holdings and Amundi, initiated or increased positions, but institutional and hedge-fund ownership remains relatively limited at 21.11%.
• Negative Sentiment: Major shareholder ISQ Global Fund II GP LLC sold another 3,107 Kinetik shares for approximately $171,000 on August 20, following a sale of 64,898 shares worth about $3.5 million on August 18. The fund has sold more than 1 million shares in a series of recent transactions, creating potential supply pressure and raising concerns about shareholder conviction. Kinetik major shareholder sales

Kinetik Trading Down 0.0%

Shares of NYSE KNTK opened at $54.48 on Monday. The firm has a market capitalization of $8.85 billion, a PE ratio of 19.74, a price-to-earnings-growth ratio of 1.35 and a beta of 0.56. Kinetik Holdings Inc. has a 1 year low of $31.33 and a 1 year high of $56.10. The firm’s 50-day moving average is $49.68 and its 200-day moving average is $47.57.

Kinetik (NYSE:KNTK) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.19 by $0.45. The company had revenue of $581.44 million during the quarter, compared to analysts’ expectations of $421.48 million. Kinetik had a net margin of 26.19% and a negative return on equity of 38.96%. Kinetik’s revenue was up 36.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.33 EPS. As a group, equities research analysts anticipate that Kinetik Holdings Inc. will post 1.3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

KNTK has been the topic of several research analyst reports. Tudor Pickering began coverage on shares of Kinetik in a research note on Monday, July 20th. They set a “buy” rating and a $57.00 price target on the stock. Morgan Stanley restated an “overweight” rating and issued a $70.00 price objective (up from $64.00) on shares of Kinetik in a research report on Tuesday, August 18th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $57.00 price objective (up from $56.00) on shares of Kinetik in a research report on Tuesday, August 11th. JPMorgan Chase & Co. lifted their target price on Kinetik from $54.00 to $57.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Finally, US Capital Advisors upgraded Kinetik from a “moderate buy” rating to a “strong-buy” rating in a research report on Friday, May 29th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $53.27.

Kinetik 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.