FY2026 EPS Estimates for Kinetik Cut by US Capital Advisors

Kinetik Holdings Inc. (NASDAQ:KNTK) – US Capital Advisors reduced their FY2026 EPS estimates for Kinetik in a research report issued to clients and investors on Monday, October 28th. US Capital Advisors analyst J. Carreker now anticipates that the company will earn $3.12 per share for the year, down from their previous estimate of $3.19. The consensus estimate for Kinetik’s current full-year earnings is $1.44 per share.

Several other research firms have also commented on KNTK. Royal Bank of Canada boosted their price objective on shares of Kinetik from $46.00 to $52.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. Barclays increased their price target on shares of Kinetik from $43.00 to $47.00 and gave the company an “equal weight” rating in a research report on Monday, October 14th. Finally, Mizuho lifted their price objective on Kinetik from $47.00 to $55.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Three research analysts have rated the stock with a hold rating and four have assigned a buy 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 price target of $45.71.

Kinetik Stock Performance

KNTK opened at $49.02 on Tuesday. Kinetik has a one year low of $31.73 and a one year high of $51.97. The company has a market cap of $7.72 billion, a price-to-earnings ratio of 19.08, a PEG ratio of 2.38 and a beta of 2.91. The business’s fifty day moving average is $46.47 and its two-hundred day moving average is $42.78.

Kinetik (NASDAQ:KNTK) last released its quarterly earnings results on Wednesday, August 7th. The company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.11. Kinetik had a negative return on equity of 48.16% and a net margin of 30.96%. The business had revenue of $359.50 million for the quarter, compared to analysts’ expectations of $305.94 million. During the same quarter in the prior year, the firm posted $0.41 EPS. The company’s revenue was up 21.4% compared to the same quarter last year.

Institutional Investors Weigh In On Kinetik

A number of hedge funds and other institutional investors have recently made changes to their positions in KNTK. Catalyst Capital Advisors LLC boosted its stake in Kinetik by 3.2% in the 3rd quarter. Catalyst Capital Advisors LLC now owns 245,554 shares of the company’s stock worth $11,114,000 after buying an additional 7,552 shares during the last quarter. Van ECK Associates Corp lifted its holdings in shares of Kinetik by 73.4% during the 3rd quarter. Van ECK Associates Corp now owns 24,527 shares of the company’s stock worth $1,110,000 after acquiring an additional 10,384 shares during the period. Harbor Capital Advisors Inc. boosted its position in shares of Kinetik by 132.1% in the third quarter. Harbor Capital Advisors Inc. now owns 8,914 shares of the company’s stock worth $403,000 after acquiring an additional 5,073 shares during the last quarter. Janney Montgomery Scott LLC purchased a new stake in Kinetik in the third quarter valued at approximately $3,558,000. Finally, Inscription Capital LLC acquired a new position in Kinetik during the third quarter worth approximately $214,000. Hedge funds and other institutional investors own 21.11% of the company’s stock.

Kinetik Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 7th. Stockholders of record on Monday, October 28th will be issued a dividend of $0.78 per share. This is a boost from Kinetik’s previous quarterly dividend of $0.75. The ex-dividend date is Monday, October 28th. This represents a $3.12 annualized dividend and a dividend yield of 6.36%. Kinetik’s dividend payout ratio (DPR) is 121.40%.

About Kinetik

Kinetik Holdings Inc operates as a midstream company in the Texas Delaware Basin. The company operates through two segments, Midstream Logistics and Pipeline Transportation. It provides gathering, transportation, compression, processing, stabilization, treating, storage, and transportation services for companies that produce natural gas, natural gas liquids, and crude oil; and water gathering and disposal services.