Kodiak Gas Services, Inc. $KGS Stock: Fulcrum Asset Management LLP Grows Stake

Key Points

• Fulcrum Asset Management increased its Kodiak Gas Services stake by 1,187.7% in the third quarter, adding 96,535 shares to reach 104,663 shares, valued at about $5.4 million.
• Kodiak reported third-quarter EPS of $0.70 and revenue of $401.8 million, beating analyst expectations; revenue rose 24.5% year over year. The company also raised its full-year 2026 adjusted EBITDA and discretionary cash flow guidance.
• Analysts’ consensus rating is “Moderate Buy”, with an average price target of $78.09, though several firms recently cut their targets. Kodiak also raised its quarterly dividend from $0.49 to $0.51 per share.

Fulcrum Asset Management LLP increased its stake in Kodiak Gas Services, Inc. (NYSE:KGS - Free Report) by 1,187.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 104,663 shares of the company's stock after purchasing an additional 96,535 shares during the period. Fulcrum Asset Management LLP owned approximately 0.10% of Kodiak Gas Services worth $5,416,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hanseatic Management Services Inc. raised its position in shares of Kodiak Gas Services by 2.0% in the 3rd quarter. Hanseatic Management Services Inc. now owns 15,633 shares of the company's stock valued at $828,000 after buying an additional 310 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in shares of Kodiak Gas Services by 29.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,545 shares of the company's stock worth $90,000 after acquiring an additional 352 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Kodiak Gas Services during the 2nd quarter worth approximately $29,000. Oregon Public Employees Retirement Fund boosted its position in shares of Kodiak Gas Services by 1.8% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 22,700 shares of the company's stock worth $1,202,000 after acquiring an additional 400 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Kodiak Gas Services by 20.8% during the 2nd quarter. GAMMA Investing LLC now owns 2,646 shares of the company's stock worth $199,000 after acquiring an additional 456 shares in the last quarter. Institutional investors and hedge funds own 24.95% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on KGS shares. Bank of America decreased their price objective on shares of Kodiak Gas Services from $83.00 to $74.00 and set a "buy" rating on the stock in a research note on Tuesday, October 27th. UBS Group reiterated a "buy" rating on shares of Kodiak Gas Services in a research note on Friday, October 16th. JPMorgan Chase & Co. lowered their price target on Kodiak Gas Services from $79.00 to $78.00 and set an "overweight" rating for the company in a report on Thursday, October 8th. Zacks Research downgraded Kodiak Gas Services from a "hold" rating to a "strong sell" rating in a research report on Tuesday, October 27th. Finally, Barclays reduced their price objective on Kodiak Gas Services from $72.00 to $67.00 and set an "overweight" rating on the stock in a research note on Monday, October 5th. Thirteen equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $78.09.

Insider Activity

In other Kodiak Gas Services news, CEO Robert McKee sold 6,008 shares of the business's stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $62.39, for a total transaction of $374,839.12. Following the sale, the chief executive officer directly owned 298,589 shares of the company's stock, valued at $18,628,967.71. The trade was a 1.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO William Lenamon sold 1,000 shares of the firm's stock in a transaction on Monday, October 12th. The shares were sold at an average price of $53.25, for a total transaction of $53,250.00. Following the transaction, the chief operating officer directly owned 84,294 shares of the company's stock, valued at $4,488,655.50. The trade was a 1.17% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 23,002 shares of company stock valued at $1,325,334 over the last quarter. 0.64% of the stock is owned by company insiders.

Kodiak Gas Services News Roundup

Here are the key news stories impacting Kodiak Gas Services this week:

• Positive Sentiment: Q3 earnings were $0.70 per share, ahead of analyst estimates of $0.62–$0.64 and up from $0.36 a year earlier. Revenue rose 24.5% year over year to $401.8 million, topping the roughly $387.5 million consensus estimate. Kodiak Q3 results and guidance
• Positive Sentiment: Kodiak increased its full-year 2026 adjusted EBITDA and discretionary cash flow guidance, signaling improved expectations for operating performance and cash generation. Kodiak revises FY26 outlook
• Positive Sentiment: The company reported record Compression Infrastructure segment revenue of $318.4 million and a 47.5% segment gross margin, supporting the strong quarterly performance. Kodiak Q3 results and guidance

Kodiak Gas Services Stock Performance

NYSE KGS opened at $44.47 on Tuesday. The firm's fifty day moving average price is $52.60 and its two-hundred day moving average price is $59.11. The stock has a market cap of $4.51 billion, a PE ratio of 21.72 and a beta of 1.07. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.15 and a current ratio of 1.45. Kodiak Gas Services, Inc. has a fifty-two week low of $32.55 and a fifty-two week high of $77.68.

Kodiak Gas Services (NYSE:KGS - Get Free Report) last issued its quarterly earnings data on Monday, November 9th. The company reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.62 by $0.08. Kodiak Gas Services had a return on equity of 11.92% and a net margin of 5.77%. The business had revenue of $401.79 million for the quarter, compared to analyst estimates of $387.50 million. During the same quarter in the previous year, the company posted $0.36 EPS. Kodiak Gas Services's quarterly revenue was up 24.5% compared to the same quarter last year. On average, equities analysts expect that Kodiak Gas Services, Inc. will post 2.43 EPS for the current fiscal year.

Kodiak Gas Services Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Monday, November 16th will be paid a $0.51 dividend. This is an increase from Kodiak Gas Services's previous quarterly dividend of $0.49. This represents a $2.04 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Monday, November 16th. Kodiak Gas Services's payout ratio is currently 233.33%.

Kodiak Gas Services Company Profile

Kodiak Gas Services provides contract natural gas compression services to energy companies in the United States. Its equipment helps move natural gas from production sites through gathering and processing systems and into pipelines.

The company supplies, installs, operates and maintains compression equipment, including large-horsepower compressor units. Its services support natural gas production and transportation across major U.S. oil and gas regions.

Based in The Woodlands, Texas, Kodiak became a publicly traded company in 2023.

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