Kinetik (NYSE:KNTK) Rating Increased to Strong-Buy at Truist Financial

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

Several other research firms also recently commented on KNTK. Citigroup lifted their target price on shares of Kinetik from $46.00 to $51.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Raymond James Financial set a $46.00 price target on shares of Kinetik in a research report on Monday, January 5th. Barclays raised their price target on shares of Kinetik from $43.00 to $44.00 and gave the company an “equal weight” rating in a research note on Thursday, March 19th. 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 report on Friday, February 6th. Finally, Zacks Research cut shares of Kinetik from a “hold” rating to a “strong sell” rating in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $46.83.

Kinetik Stock Performance

NYSE KNTK opened at $46.82 on Monday. The firm’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 PEG ratio of 1.55 and a beta of 0.70. Kinetik has a fifty-two week low of $31.33 and a fifty-two week high of $54.94.

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

Insider Buying and Selling

In related news, insider Trevor Howard sold 1,619 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $46.92, for a total value of $75,963.48. Following the sale, the insider directly owned 249,795 shares in the company, valued at $11,720,381.40. This represents a 0.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Matthew Wall sold 3,222 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $46.92, for a total transaction of $151,176.24. Following the sale, the insider directly owned 585,556 shares of the company’s stock, valued at $27,474,287.52. This represents a 0.55% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 4,015,831 shares of company stock valued at $180,054,928. Insiders own 3.83% of the company’s stock.

Institutional Investors Weigh In On Kinetik

Large investors have recently modified their holdings of the company. Invesco Ltd. raised its stake 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 buying an additional 325,251 shares during the last quarter. Vident Advisory LLC boosted its position in Kinetik by 0.8% during the fourth quarter. Vident Advisory LLC now owns 61,246 shares of the company’s stock valued at $2,208,000 after acquiring an additional 500 shares during the last quarter. Yaupon Capital Management LP bought a new stake in Kinetik during the fourth quarter valued at $5,698,000. Zimmer Partners LP acquired a new stake in Kinetik during the 4th quarter worth about $98,611,000. Finally, Virtus Investment Advisers LLC bought a new position in shares of Kinetik in the 4th quarter worth about $170,000. 21.11% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Kinetik

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.