Pinnacle Holdings LLC Buys Shares of 92,598 Kinetik Holdings Inc. $KNTK

Pinnacle Holdings LLC bought a new position in Kinetik Holdings Inc. (NYSE:KNTK) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 92,598 shares of the company’s stock, valued at approximately $4,476,000. Kinetik comprises about 1.4% of Pinnacle Holdings LLC’s investment portfolio, making the stock its 12th largest holding. Pinnacle Holdings LLC owned about 0.06% of Kinetik at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CWM LLC grew its stake in shares of Kinetik by 89.8% in the 4th quarter. CWM LLC now owns 744 shares of the company’s stock valued at $27,000 after buying an additional 352 shares in the last quarter. Kestra Advisory Services LLC bought a new position in Kinetik during the fourth quarter valued at approximately $33,000. Los Angeles Capital Management LLC acquired a new stake in Kinetik in the fourth quarter valued at approximately $40,000. Huntington National Bank lifted its stake in Kinetik by 139.1% in the fourth quarter. Huntington National Bank now owns 1,222 shares of the company’s stock valued at $44,000 after acquiring an additional 711 shares during the last quarter. Finally, Advisory Services Network LLC acquired a new stake in Kinetik in the third quarter valued at approximately $55,000. 21.11% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Weiss Ratings upgraded shares of Kinetik from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, August 11th. Zacks Research raised shares of Kinetik from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Truist Financial upped their price objective on shares of Kinetik from $53.00 to $59.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Morgan Stanley reissued an “overweight” rating and set a $70.00 target price (up from $64.00) on shares of Kinetik in a research report on Tuesday, August 18th. Finally, Raymond James Financial restated an “outperform” rating and set a $55.00 target price on shares of Kinetik in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Kinetik has an average rating of “Moderate Buy” and a consensus target price of $53.27.

Kinetik Trading Down 0.0%

Shares of Kinetik stock opened at $54.48 on Monday. Kinetik Holdings Inc. has a 1 year low of $31.33 and a 1 year high of $56.10. The company’s fifty day simple moving average is $49.68 and its 200-day simple moving average is $47.57. The company has a market cap of $8.85 billion, a price-to-earnings ratio of 19.74, a PEG ratio of 1.35 and a beta of 0.56.

Kinetik (NYSE:KNTK) last released its earnings results on Wednesday, August 5th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.45. The business had revenue of $581.44 million during the quarter, compared to analysts’ expectations of $421.48 million. Kinetik had a net margin of 26.19% and a negative return on equity of 38.96%. The firm’s revenue was up 36.3% on a year-over-year basis. During the same quarter last year, the company earned $0.33 earnings per share. As a group, research analysts forecast that Kinetik Holdings Inc. will post 1.3 earnings per share for the current fiscal year.

Insider Transactions at Kinetik

In related news, major shareholder Isq Global Fund Ii Gp Llc sold 235,349 shares of Kinetik stock in a transaction dated Thursday, August 6th. The shares were sold at an average price of $50.52, for a total transaction of $11,889,831.48. Following the completion of the transaction, the insider directly owned 1,691,370 shares of the company’s stock, valued at $85,448,012.40. This trade represents a 12.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Over the last ninety days, insiders have sold 1,005,846 shares of company stock worth $52,164,684. Company insiders own 3.56% of the company’s stock.

Kinetik News Roundup

Here are the key news stories impacting Kinetik this week:

• Positive Sentiment: US Capital Advisors raised its EPS forecasts for Kinetik across every reported period, including Q3 2026 to $0.34 from $0.33, Q4 2026 to $0.41 from $0.34, and 2027 quarters to $0.45, $0.47, $0.53 and $0.58. The firm maintained a “Strong-Buy” rating, suggesting greater confidence in Kinetik’s earnings trajectory. Kinetik analyst estimates
• Positive Sentiment: Kinetik’s latest quarterly results exceeded expectations by a wide margin. EPS was $0.64 versus the $0.19 consensus estimate, while revenue reached $581.44 million compared with forecasts of $421.48 million. Revenue increased 36.3% year over year, supporting the bullish analyst revisions. Kinetik earnings results
• Neutral Sentiment: Institutional ownership trends were mixed. Several investors, including Bank of New York Mellon, Pinnacle Holdings and Amundi, initiated or increased positions, but institutional and hedge-fund ownership remains relatively limited at 21.11%.
• Negative Sentiment: Major shareholder ISQ Global Fund II GP LLC sold another 3,107 Kinetik shares for approximately $171,000 on August 20, following a sale of 64,898 shares worth about $3.5 million on August 18. The fund has sold more than 1 million shares in a series of recent transactions, creating potential supply pressure and raising concerns about shareholder conviction. Kinetik major shareholder sales

Kinetik 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.