Louisiana State Employees Retirement System Takes $978,000 Position in Kinetik Holdings Inc. $KNTK

Posted by George Bondi on Jul 6th, 2026

Louisiana State Employees Retirement System purchased a new stake in shares of Kinetik Holdings Inc. (NYSE:KNTK – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 20,200 shares of the company’s stock, valued at approximately $978,000.

Several other large investors have also bought and sold shares of KNTK. CWM LLC lifted its stake in shares of Kinetik by 89.8% in the 4th quarter. CWM LLC now owns 744 shares of the company’s stock valued at $27,000 after purchasing an additional 352 shares during the period. Signaturefd LLC grew its stake in Kinetik by 101.5% in the fourth quarter. Signaturefd LLC now owns 802 shares of the company’s stock worth $29,000 after purchasing an additional 404 shares during the period. Kestra Advisory Services LLC bought a new position in Kinetik in the fourth quarter worth $33,000. Los Angeles Capital Management LLC bought a new position in Kinetik in the fourth quarter worth $40,000. Finally, Huntington National Bank lifted its position in Kinetik by 139.1% during the fourth quarter. Huntington National Bank now owns 1,222 shares of the company’s stock valued at $44,000 after buying an additional 711 shares during the period. 21.11% of the stock is owned by institutional investors.

Insider Buying and Selling at Kinetik

In related news, major shareholder Isq Global Fund Ii Gp Llc sold 534,564 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The shares were sold at an average price of $50.52, for a total value of $27,006,173.28. Following the completion of the transaction, the insider directly owned 428,894 shares in the company, valued at $21,667,724.88. The trade was a 55.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 1,071,107 shares of company stock worth $53,172,463 over the last ninety days. 3.56% of the stock is owned by company insiders.

Kinetik Price Performance

Shares of Kinetik stock opened at $47.70 on Monday. Kinetik Holdings Inc. has a 1 year low of $31.33 and a 1 year high of $51.51. The firm’s 50-day moving average is $48.00 and its 200 day moving average is $44.23. The stock has a market cap of $7.74 billion, a price-to-earnings ratio of 19.47, a PEG ratio of 2.46 and a beta of 0.56.

Kinetik (NYSE:KNTK – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.23). The firm had revenue of $409.98 million for the quarter. Kinetik had a net margin of 28.58% and a negative return on equity of 36.36%. The business’s quarterly revenue was down 7.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.05 EPS. On average, equities analysts expect that Kinetik Holdings Inc. will post 0.62 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on KNTK. Jefferies Financial Group restated a “hold” rating and set a $51.00 target price on shares of Kinetik in a report on Friday, May 8th. Barclays set a $50.00 price target on shares of Kinetik and gave the company an “equal weight” rating in a research report on Thursday, May 14th. Wells Fargo & Company raised shares of Kinetik from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $47.00 to $52.00 in a research note on Wednesday, March 25th. UBS Group lowered their target price on shares of Kinetik from $49.00 to $48.00 and set a “neutral” rating for the company in a report on Monday, March 16th. Finally, Zacks Research raised Kinetik from a “strong sell” rating to a “hold” rating in a research report on Thursday, March 26th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $49.17.

Check Out Our Latest Stock Analysis on Kinetik

Kinetik Profile

(Free Report)

Kinetik (NYSE: KNTK) is a publicly listed midstream energy company focused on the development, operation and management of natural gas infrastructure across the United States. The company’s core business activities include the gathering, compression, processing, storage and transportation of natural gas, serving producers, utilities and industrial consumers. By integrating a suite of midstream services under a single platform, Kinetik aims to provide efficient, cost-effective and reliable solutions across the natural gas value chain.

The company was established in 2021 when assets were acquired from Talen Energy by a subsidiary of ArcLight Capital Partners, forming a comprehensive portfolio of pipelines, compression facilities and underground storage assets.