Q2 EPS Estimates for Kinetik Cut by US Capital Advisors

Kinetik Holdings Inc. (NYSE:KNTK - Free Report) - US Capital Advisors reduced their Q2 2025 earnings estimates for shares of Kinetik in a research report issued to clients and investors on Tuesday, May 20th. US Capital Advisors analyst J. Carreker now forecasts that the company will post earnings per share of $0.33 for the quarter, down from their previous forecast of $0.40. US Capital Advisors currently has a "Moderate Buy" rating on the stock. US Capital Advisors also issued estimates for Kinetik's Q3 2025 earnings at $0.47 EPS, Q1 2026 earnings at $0.56 EPS, Q3 2026 earnings at $0.65 EPS, FY2026 earnings at $2.52 EPS and FY2027 earnings at $2.91 EPS.

Kinetik (NYSE:KNTK - Get Free Report) last released its earnings results 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 during the quarter, compared to the consensus estimate of $466.54 million. During the same quarter in the previous year, the business earned $0.12 EPS. The business's quarterly revenue was up 29.8% compared to the same quarter last year.

Several other equities research analysts have also issued reports on KNTK. Royal Bank of Canada reduced their target price on shares of Kinetik from $67.00 to $63.00 and set an "outperform" rating for the company in a report on Thursday, March 13th. Wells Fargo & Company reduced their price objective on shares of Kinetik from $60.00 to $58.00 and set an "equal weight" rating for the company in a research note on Friday, February 28th. UBS Group initiated coverage on shares of Kinetik in a research report on Tuesday, April 29th. They set a "neutral" rating and a $49.00 price objective on the stock. Barclays set a $48.00 target price on shares of Kinetik and gave the stock an "equal weight" rating in a report on Tuesday, May 20th. Finally, Mizuho decreased their price target on Kinetik from $70.00 to $61.00 and set an "outperform" rating on the stock in a report on Tuesday, May 20th. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, Kinetik has an average rating of "Moderate Buy" and an average target price of $57.11.

Kinetik Stock Up 1.0%

Shares of NYSE KNTK traded up $0.43 during trading on Wednesday, hitting $44.84. The company had a trading volume of 764,631 shares. The company has a market capitalization of $7.07 billion, a price-to-earnings ratio of 47.20 and a beta of 3.03. The company has a 50 day simple moving average of $45.40 and a 200 day simple moving average of $54.18.

Hedge Funds Weigh In On Kinetik

Institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in shares of Kinetik by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 4,002,232 shares of the company's stock valued at $226,967,000 after acquiring an additional 72,760 shares during the last quarter. Zimmer Partners LP bought a new stake in Kinetik during the first quarter worth approximately $102,124,000. Invesco Ltd. raised its position in Kinetik by 3.0% during the fourth quarter. Invesco Ltd. now owns 1,247,843 shares of the company's stock valued at $70,765,000 after purchasing an additional 36,362 shares during the period. Westwood Holdings Group Inc. lifted its stake in shares of Kinetik by 4.0% in the 1st quarter. Westwood Holdings Group Inc. now owns 1,126,832 shares of the company's stock valued at $58,528,000 after purchasing an additional 43,619 shares during the last quarter. Finally, Kayne Anderson Capital Advisors LP boosted its holdings in shares of Kinetik by 4.4% in the 1st quarter. Kayne Anderson Capital Advisors LP now owns 830,122 shares of the company's stock worth $43,117,000 after purchasing an additional 34,811 shares during the period. Institutional investors own 21.11% of the company's stock.

Insider Activity

In related news, major shareholder Isq Global Fund Ii Gp Llc sold 1,044,519 shares of the firm's stock in a transaction on Monday, March 17th. The shares were sold at an average price of $52.66, for a total value of $55,004,370.54. Following the completion of the transaction, the insider now directly owns 657,583 shares of the company's stock, valued at approximately $34,628,320.78. This trade represents a 61.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 3.83% of the company's stock.

Kinetik Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 2nd. Shareholders of record on Friday, April 25th were issued a dividend of $0.78 per share. This represents a $3.12 annualized dividend and a dividend yield of 6.96%. The ex-dividend date was Friday, April 25th. Kinetik's dividend payout ratio (DPR) is presently 328.42%.

About Kinetik

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.