Key Points
- Isq Global Fund II GP sold 64,898 Kinetik shares at an average price of $54.32, generating approximately $3.53 million. The sale reduced its position by 6.53%, leaving it with 928,894 shares valued at roughly $50.46 million.
- The shareholder has made a series of additional Kinetik sales in August, including 3,107 shares on August 20 and 135,102 shares on August 17, indicating substantial recent insider selling.
- Kinetik reported strong quarterly results, with EPS of $0.64 versus the $0.19 consensus and revenue of $581.44 million, up 36.3% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $53.27.
Kinetik Holdings Inc. (NYSE:KNTK - Get Free Report) major shareholder Isq Global Fund Ii Gp Llc sold 3,107 shares of the business's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $55.07, for a total value of $171,102.49. Following the completion of the transaction, the insider directly owned 925,787 shares of the company's stock, valued at approximately $50,983,090.09. The trade was a 0.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Major shareholders that own 10% or more of a company's stock are required to disclose their transactions with the SEC.
Isq Global Fund Ii Gp Llc also recently made the following trade(s):
- On Tuesday, August 18th, Isq Global Fund Ii Gp Llc sold 64,898 shares of Kinetik stock. The stock was sold at an average price of $54.32, for a total value of $3,525,259.36.
- On Monday, August 17th, Isq Global Fund Ii Gp Llc sold 135,102 shares of Kinetik stock. The stock was sold at an average price of $52.78, for a total value of $7,130,683.56.
- On Friday, August 14th, Isq Global Fund Ii Gp Llc sold 112,160 shares of Kinetik stock. The shares were sold at an average price of $53.48, for a total value of $5,998,316.80.
- On Thursday, August 13th, Isq Global Fund Ii Gp Llc sold 113,075 shares of Kinetik stock. The shares were sold at an average price of $51.60, for a total value of $5,834,670.00.
- On Wednesday, August 12th, Isq Global Fund Ii Gp Llc sold 84,701 shares of Kinetik stock. The shares were sold at an average price of $51.52, for a total value of $4,363,795.52.
- On Tuesday, August 11th, Isq Global Fund Ii Gp Llc sold 147,516 shares of Kinetik stock. The stock was sold at an average price of $52.03, for a total value of $7,675,257.48.
- On Monday, August 10th, Isq Global Fund Ii Gp Llc sold 78,474 shares of Kinetik stock. The stock was sold at an average price of $50.87, for a total transaction of $3,991,972.38.
- On Friday, August 7th, Isq Global Fund Ii Gp Llc sold 26,550 shares of Kinetik stock. The stock was sold at an average price of $50.24, for a total transaction of $1,333,872.00.
- On Thursday, August 6th, Isq Global Fund Ii Gp Llc sold 235,349 shares of Kinetik stock. The shares were sold at an average price of $50.52, for a total transaction of $11,889,831.48.
- On Monday, August 3rd, Isq Global Fund Ii Gp Llc sold 2,175 shares of Kinetik stock. The shares were sold at an average price of $50.04, for a total transaction of $108,837.00.
Kinetik Stock Down 0.4%
Shares of KNTK stock opened at $54.47 on Friday. The firm has a fifty day moving average of $49.54 and a 200-day moving average of $47.47. Kinetik Holdings Inc. has a 12-month low of $31.33 and a 12-month high of $56.10. The company has a market capitalization of $8.84 billion, a price-to-earnings ratio of 19.74, a P/E/G ratio of 1.35 and a beta of 0.56.
Kinetik (NYSE:KNTK - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.64 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.45. The business had revenue of $581.44 million for the quarter, compared to analyst estimates of $421.48 million. Kinetik had a net margin of 26.19% and a negative return on equity of 38.96%. The firm's quarterly revenue was up 36.3% on a year-over-year basis. During the same period last year, the business posted $0.33 earnings per share. On average, equities analysts expect that Kinetik Holdings Inc. will post 1.3 EPS for the current year.
More Kinetik News
Here are the key news stories impacting Kinetik this week:
- Positive Sentiment: US Capital Advisors raised its EPS forecasts for Kinetik across every listed period, including Q3 2026 from $0.33 to $0.34, Q4 2026 from $0.34 to $0.41, and Q1–Q4 2027 to $0.45, $0.47, $0.53 and $0.58, respectively. The firm maintained a “Strong-Buy” rating, signaling increased confidence in Kinetik’s earnings outlook. Kinetik analyst estimates
- Positive Sentiment: Kinetik’s latest quarterly results provide fundamental support: EPS of $0.64 exceeded the $0.19 consensus estimate, while revenue of $581.44 million surpassed the $421.48 million forecast and increased 36.3% year over year. Analysts currently expect approximately $1.30 in full-year EPS. Kinetik earnings results
- Neutral Sentiment: Institutional ownership activity was mixed, with Vanguard, Miller Howard Investments, HighTower Advisors and Jennison Associates increasing their positions. Institutional investors and hedge funds collectively own 21.11% of outstanding shares.
- Negative Sentiment: Major shareholder ISQ Global Fund II GP LLC continued reducing its Kinetik position, selling 64,898 shares for about $3.5 million at an average price of $54.32. Including recent transactions, the fund has sold more than 1 million shares over the past several weeks, potentially creating supply pressure and raising questions about insider conviction. Kinetik major shareholder sale
Analysts Set New Price Targets
A number of brokerages recently issued reports on KNTK. Raymond James Financial reissued an "outperform" rating and issued a $55.00 target price on shares of Kinetik in a research report on Friday, August 7th. JPMorgan Chase & Co. boosted their price objective on shares of Kinetik from $54.00 to $57.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 14th. Clear Str cut shares of Kinetik from a "strong-buy" rating to a "hold" rating in a report on Monday. Royal Bank Of Canada reiterated an "outperform" rating and issued a $57.00 price target (up from $56.00) on shares of Kinetik in a research note on Tuesday, August 11th. Finally, Wells Fargo & Company reissued an "overweight" rating and set a $54.00 price target on shares of Kinetik in a research report on Monday, August 10th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $53.27.
Get Our Latest Stock Report on KNTK
Institutional Inflows and Outflows
Institutional investors have recently modified their holdings of the company. Pinnacle Holdings LLC bought a new stake in shares of Kinetik in the 2nd quarter valued at about $4,476,000. Bank of New York Mellon Corp bought a new position in Kinetik during the second quarter worth about $17,364,000. GAMMA Investing LLC increased its position in Kinetik by 10.5% during the second quarter. GAMMA Investing LLC now owns 2,882 shares of the company's stock worth $139,000 after buying an additional 273 shares during the last quarter. NewEdge Advisors LLC acquired a new position in Kinetik during the first quarter worth approximately $1,981,000. Finally, Amundi raised its stake in Kinetik by 48.7% in the first quarter. Amundi now owns 17,645 shares of the company's stock valued at $854,000 after buying an additional 5,775 shares during the period. 21.11% of the stock is currently owned by institutional investors and hedge funds.
Kinetik Company Profile
(
Get Free Report)
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.
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