Kinetik (NYSE:KNTK) Stock Rating Upgraded by Truist Financial

Kinetik (NYSE:KNTK) was upgraded by stock analysts at Truist Financial to a “strong-buy” rating in a research report issued on Monday,Zacks.com reports.

A number of other research firms have also recently commented on KNTK. UBS Group dropped their price objective on Kinetik from $49.00 to $48.00 and set a “neutral” rating for the company in a research report on Monday, March 16th. Citigroup upped their target price on shares of Kinetik from $46.00 to $51.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Scotiabank raised their price target on shares of Kinetik from $49.00 to $51.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, March 17th. Wells Fargo & Company lifted their price target on shares of Kinetik from $44.00 to $47.00 and gave the stock an “equal weight” rating in a report on Friday, March 13th. Finally, Raymond James Financial set a $46.00 price objective on shares of Kinetik in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $46.83.

Kinetik Stock Performance

Shares of NYSE:KNTK opened at $46.82 on Monday. The business’s fifty day moving average price is $42.88 and its two-hundred day moving average price is $39.41. 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. Kinetik has a one year low of $31.33 and a one year high of $54.94.

Kinetik (NYSE:KNTK) last released 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 negative return on equity of 32.70% and a net margin of 29.23%.The company had revenue of $430.42 million during the quarter. During the same period last year, the firm earned $0.01 earnings per share. The business’s revenue was up 11.5% compared to the same quarter last year.

Insiders Place Their Bets

In other Kinetik news, major shareholder Isq Global Fund Ii Gp Llc sold 4,000,000 shares of Kinetik stock in a transaction dated 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 completion of the sale, the insider owned 1 shares in the company, valued at $44.85. The trade was a 100.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Trevor Howard sold 1,619 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $46.92, for a total transaction of $75,963.48. Following the transaction, the insider directly owned 249,795 shares of the company’s stock, valued at approximately $11,720,381.40. This represents a 0.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 4,015,831 shares of company stock valued at $180,054,928 in the last quarter. Corporate insiders own 3.83% of the company’s stock.

Hedge Funds Weigh In On Kinetik

Large investors have recently bought and sold shares of the stock. ProShare Advisors LLC boosted its holdings in shares of Kinetik by 3.5% in the 4th quarter. ProShare Advisors LLC now owns 8,633 shares of the company’s stock valued at $311,000 after purchasing an additional 294 shares during the last quarter. Maryland State Retirement & Pension System increased its holdings in shares of Kinetik by 5.4% during the 4th quarter. Maryland State Retirement & Pension System now owns 6,612 shares of the company’s stock worth $238,000 after buying an additional 337 shares during the last quarter. Federated Hermes Inc. raised its position in shares of Kinetik by 0.4% in the 2nd quarter. Federated Hermes Inc. now owns 89,133 shares of the company’s stock worth $3,926,000 after buying an additional 346 shares during the period. CWM LLC raised its position 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 buying an additional 352 shares during the period. Finally, SL Advisors LLC boosted its holdings in Kinetik by 1.7% in the third quarter. SL Advisors LLC now owns 22,306 shares of the company’s stock valued at $953,000 after acquiring an additional 379 shares during the last quarter. Hedge funds and other institutional investors own 21.11% of the company’s stock.

Key Stories Impacting Kinetik

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.