Kinetik (NYSE:KNTK) Major Shareholder Isq Global Fund Ii Gp Llc Sells 235,349 Shares of Stock

Kinetik Holdings Inc. (NYSE:KNTK) major shareholder Isq Global Fund Ii Gp Llc sold 235,349 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $50.52, for a total value of $11,889,831.48. Following the sale, the insider directly owned 1,691,370 shares in the company, valued at $85,448,012.40. This trade represents a 12.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Isq Global Fund Ii Gp Llc also recently made the following trade(s):

• 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 value of $1,333,872.00.
• On Monday, August 3rd, Isq Global Fund Ii Gp Llc sold 2,175 shares of Kinetik stock. The stock was sold at an average price of $50.04, for a total value of $108,837.00.

Kinetik Stock Performance

Kinetik stock opened at $49.08 on Friday. Kinetik Holdings Inc. has a fifty-two week low of $31.33 and a fifty-two week high of $52.54. The firm has a market capitalization of $7.97 billion, a price-to-earnings ratio of 17.78, a price-to-earnings-growth ratio of 1.98 and a beta of 0.56. The stock’s fifty day moving average is $48.31 and its two-hundred day moving average is $46.59.

Kinetik (NYSE:KNTK) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.45. Kinetik had a negative return on equity of 37.86% and a net margin of 26.19%.The business had revenue of $581.44 million during the quarter, compared to the consensus estimate of $421.48 million. During the same quarter in the previous year, the company posted $0.33 EPS. The business’s revenue was up 36.3% on a year-over-year basis. As a group, sell-side analysts forecast that Kinetik Holdings Inc. will post 0.81 EPS for the current fiscal year.

Analysts Set New Price Targets

KNTK has been the subject of several analyst reports. Jefferies Financial Group reiterated a “hold” rating and issued a $51.00 price target on shares of Kinetik in a report on Friday, May 8th. JPMorgan Chase & Co. raised their price objective on Kinetik from $54.00 to $57.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Morgan Stanley set a $64.00 price objective on Kinetik and gave the company an “overweight” rating in a research report on Wednesday, July 29th. US Capital Advisors upgraded Kinetik from a “moderate buy” rating to a “strong-buy” rating in a research note on Friday, May 29th. Finally, Tudor Pickering began coverage on Kinetik in a research note on Monday, July 20th. They issued a “buy” rating and a $57.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $52.07.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. CWM LLC raised its holdings 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 purchasing an additional 352 shares during the period. Signaturefd LLC boosted its holdings in shares of Kinetik by 101.5% in the 4th quarter. Signaturefd LLC now owns 802 shares of the company’s stock valued at $29,000 after buying an additional 404 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of Kinetik during the 4th quarter valued at about $33,000. Los Angeles Capital Management LLC bought a new stake in shares of Kinetik during the 4th quarter valued at about $40,000. Finally, Huntington National Bank raised its stake in Kinetik by 139.1% during the fourth quarter. Huntington National Bank now owns 1,222 shares of the company’s stock worth $44,000 after acquiring an additional 711 shares during the period. 21.11% of the stock is currently owned by hedge funds and other institutional investors.

Key Kinetik News

Here are the key news stories impacting Kinetik this week:

• Positive Sentiment: Kinetik reported second-quarter earnings of $0.64 per share, far above the $0.19 analyst consensus and up from $0.33 a year earlier. Revenue rose 36.3% year over year to $581.4 million, also exceeding expectations. Kinetik Holdings Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management’s results and commentary highlighted strong NGL recoveries, downstream optimization and dividend coverage. Planned projects—including Kings Landing II, the ECCC Pipeline and expanded Gulf Coast access—could support multiyear EBITDA growth by allowing Kinetik to monetize capacity constraints in the Permian Basin. Kinetik Holdings Monetizing the Permian’s Constraints
• Neutral Sentiment: The earnings improvement strengthens Kinetik’s fundamental outlook, but one analysis argued that the stock is still not inexpensive. Shares trade near their 52-week high, with a P/E ratio around 17, potentially limiting near-term upside unless growth continues to exceed expectations. Kinetik Better Q2 Earnings, Still Not Cheap
• Negative Sentiment: Major shareholder ISQ Global Fund II GP LLC disclosed sales totaling approximately $13.3 million across August 3, 6 and 7. The transactions reduced its reported holdings, with the largest sale involving 235,349 shares. While the sales do not change Kinetik’s operations, they may create an overhang and raise short-term concerns about insider conviction. SEC Form 4 Insider Sale Filing

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.