SG Americas Securities LLC Has $851,000 Stock Holdings in Kodiak Gas Services, Inc. $KGS

Key Points

• SG Americas Securities cut its stake in Kodiak Gas Services by 58.8% to 22,767 shares valued at $851,000, even as other institutions—most notably Goldman Sachs—added large positions (Goldman now owns ~1.98M shares); institutional ownership is about 24.95%.
• Company insiders, including directors Alexander Darden and Randall Hogan, bought a combined ~11,000 shares at about $54.8 per share, though insiders in the quarter net bought 11,433 shares and sold 58,673 shares overall; insiders own roughly 0.64% of the stock.
• Kodiak missed Q earnings ($0.40 vs $0.53 est.) but revenue rose 7.6% to $332.9M; the stock trades near its 52‑week high (~$60.43), has a $5.19B market cap, pays a $0.49 quarterly dividend (3.2% yield) with a >225% payout ratio, and carries a consensus Moderate Buy rating (avg. target $54.57).

SG Americas Securities LLC cut its stake in shares of Kodiak Gas Services, Inc. (NYSE:KGS - Free Report) by 58.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 22,767 shares of the company's stock after selling 32,495 shares during the period. SG Americas Securities LLC's holdings in Kodiak Gas Services were worth $851,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of KGS. Royal Bank of Canada boosted its position in Kodiak Gas Services by 67.5% during the first quarter. Royal Bank of Canada now owns 10,235 shares of the company's stock valued at $382,000 after purchasing an additional 4,126 shares during the last quarter. AQR Capital Management LLC lifted its stake in Kodiak Gas Services by 64.9% in the first quarter. AQR Capital Management LLC now owns 21,261 shares of the company's stock valued at $793,000 after acquiring an additional 8,369 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Kodiak Gas Services by 44.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,814 shares of the company's stock valued at $1,000,000 after acquiring an additional 8,297 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Kodiak Gas Services by 58.3% in the first quarter. Goldman Sachs Group Inc. now owns 1,983,360 shares of the company's stock valued at $73,979,000 after acquiring an additional 730,180 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Kodiak Gas Services by 102.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 95,108 shares of the company's stock valued at $3,548,000 after acquiring an additional 48,122 shares during the last quarter. 24.95% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Alexander Newsom Darden purchased 5,000 shares of the firm's stock in a transaction dated Friday, March 13th. The stock was bought at an average price of $54.75 per share, with a total value of $273,750.00. Following the completion of the purchase, the director owned 5,000 shares in the company, valued at approximately $273,750. This represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Randall J. Hogan purchased 6,000 shares of the firm's stock in a transaction dated Friday, March 13th. The stock was bought at an average cost of $54.81 per share, with a total value of $328,860.00. Following the purchase, the director owned 28,406 shares of the company's stock, valued at approximately $1,556,932.86. This trade represents a 26.78% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders have acquired 11,433 shares of company stock valued at $624,360 and have sold 58,673 shares valued at $3,269,110. Corporate insiders own 0.64% of the company's stock.

Kodiak Gas Services Stock Performance

NYSE:KGS opened at $60.43 on Friday. The stock has a market cap of $5.19 billion, a P/E ratio of 69.46 and a beta of 0.96. The stock has a 50 day simple moving average of $53.99 and a 200 day simple moving average of $42.26. The company has a current ratio of 0.84, a quick ratio of 0.57 and a debt-to-equity ratio of 2.12. Kodiak Gas Services, Inc. has a 1-year low of $30.06 and a 1-year high of $61.48.

Kodiak Gas Services (NYSE:KGS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.13). Kodiak Gas Services had a net margin of 6.16% and a return on equity of 11.55%. The company had revenue of $332.87 million during the quarter, compared to analyst estimates of $330.95 million. During the same period in the prior year, the firm earned $0.21 earnings per share. Kodiak Gas Services's revenue was up 7.6% on a year-over-year basis. Research analysts anticipate that Kodiak Gas Services, Inc. will post 1.12 earnings per share for the current year.

Kodiak Gas Services Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 20th. Stockholders of record on Friday, February 13th were paid a $0.49 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $1.96 annualized dividend and a dividend yield of 3.2%. Kodiak Gas Services's dividend payout ratio is presently 225.29%.

Wall Street Analyst Weigh In

A number of brokerages have commented on KGS. Zacks Research cut shares of Kodiak Gas Services from a "hold" rating to a "strong sell" rating in a research note on Tuesday. Barclays raised their price objective on Kodiak Gas Services from $49.00 to $60.00 and gave the company an "overweight" rating in a research report on Thursday, March 5th. Mizuho raised their price objective on Kodiak Gas Services from $36.00 to $44.00 and gave the company an "outperform" rating in a research report on Tuesday, January 20th. Royal Bank Of Canada raised their price objective on Kodiak Gas Services from $45.00 to $64.00 and gave the company an "outperform" rating in a research report on Thursday, March 19th. Finally, Wall Street Zen raised Kodiak Gas Services from a "sell" rating to a "hold" rating in a research report on Saturday, February 21st. Seven equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $54.57.

About Kodiak Gas Services

Kodiak Gas Services, Inc operates contract compression infrastructure for customers in the oil and gas industry in the United States. It operates in two segments, Compression Operations and Other Services. The Compression Operations segment operates company-owned and customer-owned compression infrastructure to enable the production, gathering, and transportation of natural gas and oil. The Other Services segment provides a range of contract services, including station construction, maintenance and overhaul, and other ancillary time and material-based offerings.

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