Kinetik (NYSE:KNTK) Upgraded to “Overweight” at Wells Fargo & Company

Wells Fargo & Company upgraded shares of Kinetik (NYSE:KNTK) from an equal weight rating to an overweight rating in a research note released on Wednesday, Marketbeat reports. The brokerage currently has $52.00 price target on the stock, up from their prior price target of $47.00.

KNTK has been the subject of a number of other reports. Jefferies Financial Group cut Kinetik from a “buy” rating to a “hold” rating and set a $43.00 target price for the company. in a research note on Friday, February 6th. Barclays raised their price target on Kinetik from $43.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of Kinetik in a report on Thursday, January 22nd. Truist Financial initiated coverage on Kinetik in a research report on Tuesday. They issued a “buy” rating and a $53.00 price objective for the company. Finally, Raymond James Financial set a $46.00 target price on Kinetik in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $47.25.

Kinetik Stock Performance

Shares of NYSE:KNTK opened at $47.13 on Wednesday. The company has a 50 day moving average price of $43.07 and a two-hundred day moving average price of $39.46. The company has a market capitalization of $7.64 billion, a PE ratio of 18.34, a PEG ratio of 1.58 and a beta of 0.70. Kinetik has a 52 week low of $31.33 and a 52 week high of $54.15.

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

Insider Transactions at Kinetik

In other news, 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 transaction, the insider directly owned 1 shares of the company’s stock, valued at $44.85. This trade represents a 100.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Matthew Wall sold 8,083 shares of Kinetik stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $36.05, for a total transaction of $291,392.15. Following the completion of the sale, the insider owned 554,738 shares in the company, valued at $19,998,304.90. This trade represents a 1.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 4,015,831 shares of company stock worth $180,054,928. Insiders own 3.83% of the company’s stock.

Institutional Investors Weigh In On Kinetik

Hedge funds and other institutional investors have recently added to or reduced their stakes 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 bought a new position in shares of Kinetik in the 4th quarter valued at about $98,611,000. Cohen & Steers Inc. increased its position 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 valued at $66,458,000 after acquiring an additional 833,224 shares during the last quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT increased its position in shares of Kinetik by 86.5% in the fourth quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 1,843,400 shares of the company’s stock valued at $66,455,000 after acquiring an additional 855,000 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in Kinetik by 22.4% during 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 in the last quarter. 21.11% of the stock is currently owned by institutional investors and hedge funds.

Key Kinetik News

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.