Kinetik (NYSE:KNTK) Upgraded by Truist Financial to “Strong-Buy” Rating

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

A number of other brokerages also recently commented on KNTK. Raymond James Financial set a $46.00 target price on shares of Kinetik in a research note on Monday, January 5th. Scotiabank upped their price target on shares of Kinetik from $49.00 to $51.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, March 17th. Citigroup increased their price target on Kinetik from $46.00 to $51.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Royal Bank Of Canada raised their price objective on Kinetik from $46.00 to $49.00 and gave the company an “outperform” rating in a research report on Tuesday, March 10th. Finally, Wolfe Research cut Kinetik from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $46.83.

Kinetik Stock Performance

KNTK opened at $46.82 on Monday. The firm has a 50 day moving average price of $42.88 and a 200 day moving average price of $39.41. The company 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 1 year low of $31.33 and a 1 year high of $54.94.

Kinetik (NYSE:KNTK) last announced its quarterly earnings results on Thursday, February 26th. The company reported $2.16 earnings per share 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 for the quarter. During the same period last year, the firm earned $0.01 earnings per share. The company’s quarterly revenue was up 11.5% on a year-over-year basis.

Insider Activity

In related news, major shareholder Isq Global Fund Ii Gp Llc sold 4,000,000 shares of the firm’s stock in a transaction 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 sale, the insider directly owned 1 shares of the company’s stock, 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 Securities & Exchange Commission, which is accessible through this link. Also, insider Steven Stellato sold 2,907 shares of Kinetik 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 sale, the insider directly owned 393,382 shares in the company, valued at $18,457,483.44. This trade represents a 0.73% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 4,015,831 shares of company stock valued at $180,054,928. 3.83% of the stock is currently owned by company insiders.

Institutional Trading of Kinetik

Several large investors have recently modified their holdings of the business. CWM LLC increased its position in shares of Kinetik by 89.8% during the fourth quarter. CWM LLC now owns 744 shares of the company’s stock worth $27,000 after acquiring an additional 352 shares during the last quarter. Signaturefd LLC boosted its holdings in Kinetik by 101.5% in the fourth quarter. Signaturefd LLC now owns 802 shares of the company’s stock valued at $29,000 after purchasing an additional 404 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in Kinetik in the fourth quarter valued at about $33,000. Los Angeles Capital Management LLC acquired a new stake in Kinetik during the 4th quarter valued at approximately $40,000. Finally, Huntington National Bank grew its stake in Kinetik by 139.1% during the 4th quarter. Huntington National Bank now owns 1,222 shares of the company’s stock valued at $44,000 after purchasing an additional 711 shares in the last quarter. 21.11% of the stock is currently 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.