KLP Kapitalforvaltning AS Raises Holdings in Kinder Morgan, Inc. $KMI

KLP Kapitalforvaltning AS grew its position in Kinder Morgan, Inc. (NYSE:KMI) by 3.1% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 845,984 shares of the pipeline company’s stock after purchasing an additional 25,300 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Kinder Morgan were worth $23,256,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in KMI. Board of the Pension Protection Fund purchased a new stake in shares of Kinder Morgan in the 4th quarter worth $27,000. Dorato Capital Management purchased a new stake in shares of Kinder Morgan in the 4th quarter worth $30,000. Strategic Advocates LLC purchased a new stake in shares of Kinder Morgan in the 3rd quarter worth $32,000. Lodestone Wealth Management LLC purchased a new stake in shares of Kinder Morgan in the 4th quarter worth $33,000. Finally, Private Wealth Management Group LLC lifted its holdings in shares of Kinder Morgan by 94.9% in the 3rd quarter. Private Wealth Management Group LLC now owns 1,222 shares of the pipeline company’s stock worth $35,000 after buying an additional 595 shares during the period. 62.52% of the stock is currently owned by hedge funds and other institutional investors.

Kinder Morgan News Summary

Here are the key news stories impacting Kinder Morgan this week:

• Positive Sentiment: Q1 beat — Kinder Morgan reported adjusted EPS of $0.48 vs. consensus $0.38 and revenue of $4.83B, up 13.8% Y/Y, driven by stronger throughput and fee-based revenue; the print is a clear earnings catalyst. Pipeline operator Kinder Morgan beats first-quarter profit estimates
• Positive Sentiment: Higher volumes — Natural gas sales/transport volumes rose materially (reports indicate nearly a 50% Y/Y increase), supporting margin expansion and cash flow. Kinder Morgan in charts: Natural gas sales volume rises almost 50% Y/Y
• Positive Sentiment: Dividend maintained/increased cash return — Board approved a $0.2975 quarterly cash dividend (annualized $1.19), supporting KMI’s income profile attractive to yield-focused investors. Kinder Morgan Reports First Quarter 2026 Financial Results
• Positive Sentiment: Pipeline growth opportunity — Kinder Morgan and Phillips 66 advanced the Western Gateway refined-products pipeline (Gulf Coast-to-California) after a successful open season, improving future revenue visibility from refined-product transport. Phillips 66 and Kinder Morgan advance Western Gateway refined products pipeline project
• Positive Sentiment: Insider buying — Reports of meaningful insider purchases in recent periods add a modest confidence signal from management/insiders. Kinder Morgan Insiders Added US$26.2m Of Stock To Their Holdings
• Negative Sentiment: Guidance slightly below Street — KMI set FY?2026 EPS guidance at $1.360, modestly under the consensus ~ $1.39, which could cap upside given investors’ expectations for steady distribution growth. Kinder Morgan Reports First Quarter 2026 Financial Results
• Negative Sentiment: Analyst downgrade — Wolfe Research cut KMI from “strong-buy” to “hold,” which may pressure near-term sentiment despite the quarter’s strength. Wolfe Research downgrades Kinder Morgan

Kinder Morgan Trading Up 1.0%

Shares of NYSE:KMI opened at $31.89 on Thursday. The business’s 50-day moving average is $32.92 and its 200 day moving average is $29.44. Kinder Morgan, Inc. has a 1 year low of $25.60 and a 1 year high of $34.73. The firm has a market capitalization of $70.94 billion, a P/E ratio of 23.28, a P/E/G ratio of 2.87 and a beta of 0.64. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.64 and a quick ratio of 0.50.

Kinder Morgan (NYSE:KMI) last announced its earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.10. Kinder Morgan had a return on equity of 9.02% and a net margin of 18.04%.The company had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.55 billion. During the same period in the prior year, the company posted $0.34 EPS. The firm’s quarterly revenue was up 13.8% compared to the same quarter last year. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. On average, research analysts predict that Kinder Morgan, Inc. will post 1.4 earnings per share for the current fiscal year.

Kinder Morgan Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Monday, May 4th will be given a dividend of $0.2975 per share. The ex-dividend date of this dividend is Monday, May 4th. This represents a $1.19 annualized dividend and a yield of 3.7%. This is an increase from Kinder Morgan’s previous quarterly dividend of $0.29. Kinder Morgan’s dividend payout ratio is currently 85.40%.

Wall Street Analyst Weigh In

KMI has been the subject of several research reports. Truist Financial initiated coverage on Kinder Morgan in a report on Tuesday, March 24th. They issued a “hold” rating and a $38.00 target price for the company. Stifel Nicolaus upped their price objective on Kinder Morgan from $30.00 to $33.00 and gave the stock a “hold” rating in a research note on Friday, March 13th. Wells Fargo & Company upped their price objective on Kinder Morgan from $34.00 to $35.00 and gave the stock an “overweight” rating in a research note on Friday, March 13th. Mizuho upped their price objective on Kinder Morgan from $31.00 to $37.00 and gave the stock an “outperform” rating in a research note on Thursday, March 5th. Finally, Wolfe Research cut Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Seven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $34.33.

Insiders Place Their Bets

In other news, VP Anthony B. Ashley sold 8,000 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $31.95, for a total value of $255,600.00. Following the transaction, the vice president directly owned 100,146 shares of the company’s stock, valued at approximately $3,199,664.70. This represents a 7.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director William A. Smith acquired 3,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was purchased at an average cost of $29.75 per share, for a total transaction of $89,250.00. Following the completion of the acquisition, the director directly owned 31,087 shares of the company’s stock, valued at approximately $924,838.25. This trade represents a 10.68% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders sold 29,598 shares of company stock valued at $952,572. 12.72% of the stock is currently owned by corporate insiders.

Kinder Morgan Profile

Kinder Morgan (NYSE: KMI) is a large energy infrastructure company that owns and operates an extensive network of pipelines and terminals across North America. Its core activities center on the transportation, storage and handling of energy products, including natural gas, natural gas liquids (NGLs), crude oil, refined petroleum products and carbon dioxide. The company’s assets include long-haul and gathering pipelines, storage facilities, and multi-modal terminals that serve producers, refiners, utilities and industrial customers.

Kinder Morgan’s operations deliver midstream services such as pipeline transportation, terminaling, storage and related logistics and maintenance.