Brookfield Reduces $39M in Kodiak Gas Services, Inc. ($KGS)

Brookfield has significantly reduced its holdings in Kodiak Gas Services, Inc. (NYSE:KGS), according to its latest 13F filing with the SEC. The firm cut its stake by 64.7%, selling 510,236 shares. This leaves Brookfield with 278,137 shares valued at approximately $19.56 million as of the reporting period.

What Changed in Brookfield's Kodiak Gas Services Position

Brookfield's latest filing shows a substantial decrease in its position in Kodiak Gas Services. The firm previously held 788,373 shares and now holds 278,137 shares, marking a reduction of 510,236 shares. This change represents a 64.7% decrease in its stake, reflecting a strategic decision to pare down its investment in the energy company.

Other Institutional Activity in Kodiak Gas Services

Other institutional investors also made notable moves in Kodiak Gas Services. BlackRock, Inc. increased its holdings by 173,668 shares, resulting in a total of 12,309,013 shares valued at about $717.86 million. Invesco Ltd. added 591,707 shares, bringing its total to 8,184,981 shares worth approximately $477.35 million. Meanwhile, FMR LLC significantly reduced its position, selling 5,066,245 shares to hold 4,563,701 shares valued at $266.16 million. Vanguard Capital Management LLC opened a new position with 3,722,454 shares, valued at around $217.09 million. State Street Corp increased its stake by 92,829 shares, totaling 3,432,837 shares worth $200.20 million.

Kodiak Gas Services, Inc. Stock Up 32.3%

Shares of Kodiak Gas Services traded near $70.33 on Tuesday. The company has a market capitalization of approximately $7.14 billion. Its P/E ratio stands at 93.1, with a forward P/E ratio of 23.8, indicating expectations for future earnings growth. The stock's beta is 0.877, suggesting lower volatility compared to the market. Over the past year, Kodiak's shares have ranged from a low of $30.06 to a high of $77.68. The 50-day moving average is $68.18, while the 200-day moving average is $48.10.

Recent Earnings

Kodiak Gas Services reported revenue of $1.32 billion, reflecting a growth rate of 4.9%. The company achieved a net margin of 5.1% and a return on equity of 5.4%. Earnings per share stood at $0.76. Investors are looking forward to the next earnings report, scheduled for August 5, 2026.

Dividend

Kodiak Gas Services offers an annual dividend rate of $1.92, yielding 2.78%. The dividend payout ratio is 247.37%, indicating that the company returns a significant portion of its earnings to shareholders.

Insider Buying and Selling at Kodiak Gas Services, Inc.

Several insiders at Kodiak Gas Services have been active in the market. Chief Information Officer Pedro Buhigas sold 4,625 shares at an average price of $67.78 on June 17, 2026, under a Rule 10b5-1 plan. EVP & Chief Accounting Officer Ewan William Hamilton sold 2,729 shares at $68.62 on June 16, 2026, also under a planned sale. Executive Vice President & COO William Chad Lenamon sold 1,000 shares at $67.79 on June 11, 2026. On the buying side, Margaret Montana, Terry Bonno, and Christopher Drumgoole each purchased 2,135 shares at $70.27 on May 7, 2026.

Analysts Set New Price Targets

Analysts have been active in updating their views on Kodiak Gas Services. On June 4, 2026, Jefferies initiated coverage with a "buy" rating and a $79.00 price target. Wells Fargo initiated coverage on May 27, 2026, with a "buy" rating and a $93.00 target. Barclays maintained its "buy" rating with a $76.00 target on May 21, 2026. RBC Capital also maintained a "buy" rating and set a target of $84.00 on May 18, 2026. The consensus among analysts is a "strong buy," with an average target price of $84.07.

About Kodiak Gas Services

Kodiak Gas Services, Inc., headquartered in The Woodlands, Texas, provides contract compression infrastructure for the oil and gas industry in the United States. The company operates through two segments: Contract Services and Other Services. These services include managing compression, gas treating, and cooling infrastructure, as well as offering station construction, maintenance, and parts sales. Led by CEO Robert M. McKee, Kodiak employs about 1,300 people.

Bottom Line

Brookfield's decision to cut its stake in Kodiak Gas Services by 64.7% is a notable move for investors tracking institutional activity. While 13F filings are backward-looking and may not reflect current positions, they offer insight into institutional strategies. Kodiak Gas Services remains a company of interest with strong analyst coverage and insider activity.