Kodiak Gas Services, Inc. $KGS Stock: State of Alaska Department of Revenue Trims Stake

Posted by Brenda Bartman on Oct 21st, 2026

State of Alaska Department of Revenue trimmed its position in Kodiak Gas Services, Inc. (NYSE:KGS – Free Report) by 39.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,525 shares of the company’s stock after selling 13,844 shares during the quarter. State of Alaska Department of Revenue’s holdings in Kodiak Gas Services were worth $1,139,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Kodiak Gas Services during the second quarter worth $1,142,139,000. Bank of America Corp DE bought a new stake in shares of Kodiak Gas Services in the second quarter valued at about $109,850,000. Kayne Anderson Capital Advisors LP acquired a new position in shares of Kodiak Gas Services in the second quarter valued at about $84,821,000. Wellington Management Group LLP grew its stake in shares of Kodiak Gas Services by 85.0% in the second quarter. Wellington Management Group LLP now owns 2,432,174 shares of the company’s stock valued at $182,729,000 after acquiring an additional 1,117,743 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new position in shares of Kodiak Gas Services in the second quarter valued at about $73,623,000. 24.95% of the stock is owned by institutional investors and hedge funds.

Kodiak Gas Services Stock Performance

NYSE:KGS opened at $47.39 on Wednesday. The stock has a fifty day moving average price of $57.17 and a 200-day moving average price of $63.27. The company has a market cap of $4.80 billion, a price-to-earnings ratio of 56.42 and a beta of 1.01. The company has a debt-to-equity ratio of 1.28, a quick ratio of 1.15 and a current ratio of 1.45. Kodiak Gas Services, Inc. has a fifty-two week low of $32.55 and a fifty-two week high of $77.68.

Kodiak Gas Services (NYSE:KGS – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by ($0.12). The company had revenue of $391.12 million during the quarter, compared to the consensus estimate of $386.30 million. Kodiak Gas Services had a return on equity of 11.92% and a net margin of 5.77%. The firm’s revenue for the quarter was up 21.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.43 EPS. As a group, equities analysts anticipate that Kodiak Gas Services, Inc. will post 2.46 EPS for the current fiscal year.

Kodiak Gas Services Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Monday, August 17th were paid a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date was Monday, August 17th. Kodiak Gas Services’s dividend payout ratio is presently 233.33%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on KGS. Royal Bank Of Canada dropped their price objective on shares of Kodiak Gas Services from $88.00 to $82.00 and set an “outperform” rating for the company in a research note on Friday. JPMorgan Chase & Co. cut their price objective on shares of Kodiak Gas Services from $79.00 to $78.00 and set an “overweight” rating for the company in a report on Thursday, October 8th. Piper Sandler began coverage on shares of Kodiak Gas Services in a research report on Tuesday, July 28th. They set an “overweight” rating and a $78.00 target price on the stock. Barclays lowered their target price on shares of Kodiak Gas Services from $72.00 to $67.00 and set an “overweight” rating on the stock in a report on Monday, October 5th. Finally, Citigroup lowered their target price on shares of Kodiak Gas Services from $86.00 to $82.00 and set a “buy” rating on the stock in a report on Friday, October 9th. Twelve investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Kodiak Gas Services currently has an average rating of “Moderate Buy” and a consensus price target of $79.70.

Read Our Latest Stock Report on KGS

Insiders Place Their Bets

In other Kodiak Gas Services news, CEO Robert McKee sold 2,666 shares of the firm’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $53.95, for a total value of $143,830.70. Following the transaction, the chief executive officer directly owned 289,924 shares of the company’s stock, valued at $15,641,399.80. This trade represents a 0.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO William Lenamon sold 1,000 shares of the firm’s stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $53.25, for a total transaction of $53,250.00. Following the completion of the transaction, the chief operating officer directly owned 84,294 shares in the company, valued at approximately $4,488,655.50. This represents a 1.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 20,336 shares of company stock worth $1,203,897 over the last ninety days. Corporate insiders own 0.64% of the company’s stock.

Kodiak Gas Services Company Profile

(Free Report)

Kodiak Gas Services, Inc (NYSE: KGS) provides contract compression and related infrastructure services to the North American oil and gas industry. The company helps producers and midstream operators move natural gas through gathering systems, processing facilities and pipelines by supplying compression equipment and operating it under long-term service arrangements.

Its services include the design, installation, operation and maintenance of natural gas compression systems. Kodiak owns and manages a fleet of compression units that can be deployed across a range of applications, including natural gas gathering and processing.