Kinetik (NYSE:KNTK) Upgraded at Truist Financial

Truist Financial upgraded shares of Kinetik (NYSE:KNTK) to a strong-buy rating in a research report report published on Monday,Zacks.com reports.

KNTK has been the topic of several other reports. Jefferies Financial Group lowered shares of Kinetik from a “buy” rating to a “hold” rating and set a $43.00 price target on the stock. in a research note on Friday, February 6th. Wolfe Research downgraded shares of Kinetik from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, January 27th. Wells Fargo & Company lifted their target price on Kinetik from $44.00 to $47.00 and gave the stock an “equal weight” rating in a research report on Friday, March 13th. Raymond James Financial set a $46.00 target price on Kinetik in a report on Monday, January 5th. Finally, Royal Bank Of Canada upped their target price on Kinetik from $46.00 to $49.00 and gave the company an “outperform” rating in a research report on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $47.25.

Kinetik Stock Up 0.8%

Shares of Kinetik stock opened at $47.13 on Monday. Kinetik has a 52 week low of $31.33 and a 52 week high of $54.15. The firm’s 50 day moving average is $43.07 and its two-hundred day moving average is $39.46. The firm has a market capitalization of $7.64 billion, a P/E ratio of 18.34, a P/E/G ratio of 1.58 and a beta of 0.70.

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

Insider Buying and Selling at Kinetik

In related news, insider Trevor Howard sold 1,619 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $46.92, for a total transaction of $75,963.48. Following the completion of the sale, the insider owned 249,795 shares in the company, valued at $11,720,381.40. This represents a 0.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Steven Stellato sold 2,907 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $46.92, for a total transaction of $136,396.44. Following the transaction, the insider directly owned 393,382 shares in the company, valued at $18,457,483.44. The trade was a 0.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 4,015,831 shares of company stock worth $180,054,928 in the last quarter. 3.83% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Kinetik

Several institutional investors have recently added to or reduced their stakes in the stock. Chickasaw Capital Management LLC grew its stake in shares of Kinetik by 63.9% in the 3rd quarter. Chickasaw Capital Management LLC now owns 1,098,447 shares of the company’s stock valued at $46,948,000 after purchasing an additional 428,103 shares during the last quarter. Public Sector Pension Investment Board purchased a new stake in shares of Kinetik during the third quarter worth approximately $7,277,000. Principal Financial Group Inc. purchased a new stake in shares of Kinetik during the third quarter worth approximately $9,017,000. Advisors Capital Management LLC lifted its holdings in shares of Kinetik by 4.3% during the third quarter. Advisors Capital Management LLC now owns 632,387 shares of the company’s stock worth $27,028,000 after purchasing an additional 26,103 shares during the period. Finally, Fort Washington Investment Advisors Inc. OH lifted its holdings in shares of Kinetik by 90.5% during the third quarter. Fort Washington Investment Advisors Inc. OH now owns 61,695 shares of the company’s stock worth $2,637,000 after purchasing an additional 29,303 shares during the period. Institutional investors and hedge funds own 21.11% of the company’s stock.

Kinetik News Roundup

Here are the key news stories impacting Kinetik this week:

• Positive Sentiment: Wells Fargo upgraded Kinetik from “equal weight” to “overweight” and raised its price target to $52 (from $47), signaling ~10% upside versus current levels — a clear catalyst for buying interest. Wells Fargo Upgrade
• Positive Sentiment: Truist Financial initiated/raised coverage on Kinetik with a buy/strong‑buy stance and a $53 price target, reinforcing the broker‑driven positive momentum and giving another near‑term upside reference for investors. Truist Coverage
• Neutral Sentiment: US Capital Advisors published detailed quarterly and multi‑year forecasts (Q1–Q4 2026, FY2026, and FY2027–FY2028), providing updated modeling inputs for investors to use in valuation work. US Capital Advisors Estimates
• Neutral Sentiment: Independent coverage pieces (e.g., market reviews) are circulating that summarize the stock/sector; useful for broader context but not immediate price catalysts. Analyst Review
• Negative Sentiment: US Capital Advisors trimmed several near‑term EPS forecasts (Q1–Q4 2026 and FY2026 lowered; some 2026 quarters cut materially), which could pressure expectations for short‑term earnings performance and cap near‑term upside. EPS Revisions

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.