Kinetik (NYSE:KNTK) Rating Increased to Overweight at Wells Fargo & Company

Kinetik (NYSE:KNTK) was upgraded by analysts at Wells Fargo & Company from an “equal weight” rating to an “overweight” rating in a research report issued to clients and investors on Wednesday,Finviz reports. The firm presently has a $52.00 target price on the stock. Wells Fargo & Company‘s price target indicates a potential upside of 11.06% from the company’s previous close.

Several other brokerages also recently issued reports on KNTK. Scotiabank boosted their price objective on Kinetik from $49.00 to $51.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, March 17th. Barclays raised their target price on Kinetik from $43.00 to $44.00 and gave the company an “equal weight” rating in a research report on Thursday, March 19th. Citigroup boosted their price target on Kinetik from $46.00 to $51.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Zacks Research cut Kinetik from a “hold” rating to a “strong sell” rating in a research note on Monday, January 5th. Finally, Wolfe Research lowered Kinetik from an “outperform” rating to a “peer perform” rating in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Kinetik has a consensus rating of “Moderate Buy” and a consensus price target of $47.25.

Kinetik Stock Up 2.2%

KNTK stock opened at $46.82 on Wednesday. The stock has a market cap of $7.59 billion, a PE ratio of 18.22, a price-to-earnings-growth ratio of 1.55 and a beta of 0.70. The firm’s 50-day simple moving average is $42.88 and its 200 day simple moving average is $39.41. Kinetik has a fifty-two week low of $31.33 and a fifty-two week high of $54.94.

Kinetik (NYSE:KNTK) last posted its earnings results on Thursday, February 26th. The company reported $2.16 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $430.42 million during the quarter. During the same period in the previous year, the firm earned $0.01 earnings per share. The company’s revenue for the quarter was up 11.5% on a year-over-year basis.

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 dated 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 owned 1 shares in the company, valued at approximately $44.85. This trade represents a 100.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Steven Stellato sold 2,907 shares of Kinetik stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 393,382 shares in the company, valued at $18,457,483.44. This represents a 0.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 4,015,831 shares of company stock valued at $180,054,928 in the last three months. 3.83% of the stock is currently owned by insiders.

Institutional Trading of Kinetik

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Chickasaw Capital Management LLC lifted its position in shares of Kinetik by 63.9% during the 3rd quarter. Chickasaw Capital Management LLC now owns 1,098,447 shares of the company’s stock valued at $46,948,000 after acquiring an additional 428,103 shares during the last quarter. Public Sector Pension Investment Board acquired a new position in shares of Kinetik in the 3rd quarter worth $7,277,000. Principal Financial Group Inc. acquired a new position in shares of Kinetik in the 3rd quarter worth $9,017,000. Advisors Capital Management LLC raised its position 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 raised its position 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. 21.11% of the stock is owned by institutional investors and hedge funds.

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.