US Capital Advisors Raises Earnings Estimates for Kinetik

Key Points

• US Capital Advisors raised their Q1 2026 earnings per share (EPS) estimate for Kinetik Holdings Inc. to $0.57, reflecting a slight increase from the previous forecast of $0.56.
• Kinetik has a dividend yield of 7.26% with an upcoming quarterly dividend payment of $0.78 per share, despite a substantial payout ratio of 328.42%.
• The stock has seen multiple target price adjustments by analysts, with Royal Bank of Canada reducing its target from $57.00 to $55.00, signifying cautious sentiment amidst fluctuating performance expectations.

Kinetik Holdings Inc. (NYSE:KNTK - Free Report) - Stock analysts at US Capital Advisors increased their Q1 2026 earnings per share (EPS) estimates for shares of Kinetik in a research note issued to investors on Monday, July 28th. US Capital Advisors analyst J. Carreker now forecasts that the company will post earnings per share of $0.57 for the quarter, up from their previous estimate of $0.56. US Capital Advisors currently has a "Moderate Buy" rating on the stock. US Capital Advisors also issued estimates for Kinetik's Q3 2026 earnings at $0.66 EPS and FY2027 earnings at $2.92 EPS.

KNTK has been the subject of several other reports. Citigroup reissued a "buy" rating on shares of Kinetik in a research note on Tuesday, June 10th. Royal Bank Of Canada reduced their price objective on Kinetik from $57.00 to $55.00 and set an "outperform" rating for the company in a research note on Friday, May 30th. Mizuho decreased their target price on Kinetik from $61.00 to $57.00 and set an "outperform" rating for the company in a research report on Tuesday, July 15th. Scotiabank raised their target price on Kinetik from $54.00 to $57.00 and gave the stock a "sector outperform" rating in a research report on Thursday, June 5th. Finally, Wall Street Zen cut Kinetik from a "hold" rating to a "sell" rating in a research report on Tuesday, June 17th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $55.56.

Kinetik Price Performance

Shares of KNTK traded down $0.59 during trading hours on Wednesday, hitting $42.79. 1,133,289 shares of the company were exchanged, compared to its average volume of 1,215,647. The company has a market capitalization of $6.76 billion, a PE ratio of 45.04 and a beta of 3.03. The firm has a fifty day simple moving average of $43.19 and a 200-day simple moving average of $48.91. Kinetik has a one year low of $37.85 and a one year high of $67.60.

Kinetik (NYSE:KNTK - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.24). The company had revenue of $443.26 million for the quarter, compared to the consensus estimate of $466.54 million. Kinetik had a negative return on equity of 8.05% and a net margin of 10.74%. The business's revenue was up 29.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.12 earnings per share.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of KNTK. Bell Investment Advisors Inc acquired a new position in Kinetik in the 1st quarter worth about $41,000. Comerica Bank increased its position in Kinetik by 32.2% in the 4th quarter. Comerica Bank now owns 800 shares of the company's stock worth $45,000 after purchasing an additional 195 shares during the last quarter. Chung Wu Investment Group LLC bought a new position in Kinetik during the second quarter valued at about $56,000. Nisa Investment Advisors LLC raised its holdings in Kinetik by 141.6% during the first quarter. Nisa Investment Advisors LLC now owns 1,133 shares of the company's stock valued at $59,000 after buying an additional 664 shares in the last quarter. Finally, Sterling Capital Management LLC raised its holdings in Kinetik by 789.4% during the fourth quarter. Sterling Capital Management LLC now owns 1,094 shares of the company's stock valued at $62,000 after buying an additional 971 shares in the last quarter. 21.11% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Kinetik news, major shareholder Isq Global Fund Ii Gp Llc sold 4,262,090 shares of the company's stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $44.16, for a total value of $188,213,894.40. Following the transaction, the insider directly owned 1 shares of the company's stock, valued at $44.16. This represents a 100.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 3.83% of the stock is currently owned by insiders.

Kinetik Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 1st. Shareholders of record on Friday, July 25th were given a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend was Friday, July 25th. Kinetik's dividend payout ratio is presently 328.42%.

Kinetik Company Profile

Kinetik Holdings Inc operates as a midstream company in the Texas Delaware Basin. It provides gathering, transportation, compression, processing, and treating services for companies that produce natural gas, natural gas liquids, crude oil, and water. The company is headquartered in Midland, Texas.