Kinetik (NYSE:KNTK) Now Covered by Truist Financial

Truist Financial started coverage on shares of Kinetik (NYSE:KNTK) in a report published on Tuesday, Marketbeat reports. The firm issued a buy rating and a $53.00 target price on the stock.

A number of other research analysts also recently issued reports on KNTK. Raymond James Financial set a $46.00 price target on Kinetik in a research note on Monday, January 5th. Scotiabank increased their price objective on Kinetik from $49.00 to $51.00 and gave the company a “sector outperform” rating in a report on Tuesday, March 17th. Weiss Ratings restated a “hold (c)” rating on shares of Kinetik in a research report on Thursday, January 22nd. Jefferies Financial Group cut shares of Kinetik from a “buy” rating to a “hold” rating and set a $43.00 target price on the stock. in a report on Friday, February 6th. Finally, UBS Group reduced their price target on shares of Kinetik from $49.00 to $48.00 and set a “neutral” rating for the company in a research report on Monday, March 16th. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Kinetik currently has a consensus rating of “Hold” and a consensus target price of $46.83.

Kinetik Price Performance

NYSE KNTK opened at $46.82 on Tuesday. Kinetik has a 1 year low of $31.33 and a 1 year high of $54.94. The company has a market capitalization of $7.59 billion, a PE ratio of 18.22, a P/E/G ratio of 1.55 and a beta of 0.70. The company has a fifty day moving average of $42.88 and a two-hundred day moving average of $39.41.

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

Insider Buying and Selling

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

Hedge Funds Weigh In On Kinetik

Several institutional investors have recently bought and sold shares of the company. CWM LLC lifted its stake in shares of Kinetik by 89.8% in the 4th quarter. CWM LLC now owns 744 shares of the company’s stock worth $27,000 after acquiring an additional 352 shares during the period. Signaturefd LLC increased its stake in shares of Kinetik by 101.5% during the fourth quarter. Signaturefd LLC now owns 802 shares of the company’s stock worth $29,000 after acquiring an additional 404 shares during the period. Kestra Advisory Services LLC purchased a new position in Kinetik during the fourth quarter worth about $33,000. Los Angeles Capital Management LLC purchased a new position in Kinetik during the fourth quarter worth about $40,000. Finally, Huntington National Bank lifted its position in Kinetik by 139.1% in the fourth quarter. Huntington National Bank now owns 1,222 shares of the company’s stock valued at $44,000 after purchasing an additional 711 shares during the period. 21.11% of the stock is owned by institutional investors and hedge funds.

Kinetik News Roundup

Here are the key news stories impacting Kinetik this week:

• Positive Sentiment: Truist initiated coverage with a Buy and $53 price target (about mid‑teens upside vs. current levels), giving investors an independent, bullish valuation anchor that can support further buying interest. Benzinga
• Positive Sentiment: A recent SEC filing reported in the press shows an investment manager adding a new position valued near $100 million — a material institutional buy that signals confidence and can lift the stock via demand and sentiment. Investment Manager Adds New Position
• Neutral Sentiment: US Capital Advisors published multi‑quarter EPS forecasts for Kinetik (Q1–Q4 2026, FY2026 and quarterly 2027 estimates). These provide updated modeling inputs for investors but do not by themselves change company fundamentals. MarketBeat: US Capital Advisors Estimates
• Negative Sentiment: US Capital Advisors cut several near‑term and FY2026 EPS estimates (e.g., FY2026 down to $1.10 from $1.30; multiple quarterly trims). Those downward revisions reduce near‑term earnings visibility and could temper upside until results or guidance prove otherwise. MarketBeat: Analyst Cuts

About Kinetik

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.