Isq Global Fund Ii Gp Llc Sells 26,550 Shares of Kinetik (NYSE:KNTK) Stock

Kinetik Holdings Inc. (NYSE:KNTK) major shareholder Isq Global Fund Ii Gp Llc sold 26,550 shares of the firm’s stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $50.24, for a total value of $1,333,872.00. Following the transaction, the insider directly owned 1,664,820 shares in the company, valued at $83,640,556.80. This trade represents a 1.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Large shareholders that own more than 10% 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 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 value 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 value of $108,837.00.

Kinetik Price Performance

Shares of KNTK stock opened at $49.08 on Friday. The business has a 50-day moving average of $48.31 and a 200 day moving average of $46.59. Kinetik Holdings Inc. has a 1-year low of $31.33 and a 1-year high of $52.54. The stock has a market capitalization of $7.97 billion, a PE ratio of 17.78, a P/E/G ratio of 1.94 and a beta of 0.56.

Kinetik (NYSE:KNTK) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $421.48 million. During the same period in the previous year, the firm earned $0.33 EPS. The business’s quarterly revenue was up 36.3% on a year-over-year basis. Analysts anticipate that Kinetik Holdings Inc. will post 0.81 EPS for the current year.

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

Hedge Funds Weigh In On Kinetik

Institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp bought a new stake in Kinetik during the 2nd quarter valued at approximately $17,364,000. GAMMA Investing LLC raised its position in shares of Kinetik by 10.5% in the 2nd quarter. GAMMA Investing LLC now owns 2,882 shares of the company’s stock worth $139,000 after acquiring an additional 273 shares in the last quarter. NewEdge Advisors LLC purchased a new position in shares of Kinetik in the 1st quarter valued at approximately $1,981,000. Amundi lifted its stake in shares of Kinetik by 48.7% in the 1st quarter. Amundi now owns 17,645 shares of the company’s stock valued at $854,000 after purchasing an additional 5,775 shares during the period. Finally, California State Teachers Retirement System boosted its position in shares of Kinetik by 31.0% during the first quarter. California State Teachers Retirement System now owns 58,667 shares of the company’s stock valued at $2,840,000 after purchasing an additional 13,894 shares in the last quarter. 21.11% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

KNTK has been the subject of a number of recent analyst reports. Scotiabank reiterated an “outperform” rating and set a $52.00 price target (up from $51.00) on shares of Kinetik in a report on Tuesday, May 12th. Tudor Pickering started coverage on shares of Kinetik in a research report on Monday, July 20th. They issued a “buy” rating and a $57.00 price objective on the stock. Citigroup reaffirmed a “buy” rating and set a $52.00 price objective (up from $51.00) on shares of Kinetik in a research note on Tuesday, May 12th. Morgan Stanley set a $64.00 target price on shares of Kinetik and gave the stock an “overweight” rating in a report on Wednesday, July 29th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $51.00 target price on shares of Kinetik in a research note on Friday, May 8th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Kinetik has an average rating of “Moderate Buy” and an average target price of $52.07.

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.