Kornitzer Capital Management Inc. KS Sells 49,729 Shares of Kinder Morgan, Inc. $KMI

Kornitzer Capital Management Inc. KS cut its stake in Kinder Morgan, Inc. (NYSE:KMI) by 1.9% during the 4th quarter, Holdings Channel.com reports. The fund owned 2,580,021 shares of the pipeline company’s stock after selling 49,729 shares during the period. Kinder Morgan accounts for approximately 1.5% of Kornitzer Capital Management Inc. KS’s portfolio, making the stock its 9th largest position. Kornitzer Capital Management Inc. KS’s holdings in Kinder Morgan were worth $70,925,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of KMI. AQR Capital Management LLC boosted its position in shares of Kinder Morgan by 431.9% in the third quarter. AQR Capital Management LLC now owns 6,569,082 shares of the pipeline company’s stock worth $185,971,000 after acquiring an additional 5,333,986 shares during the last quarter. Merewether Investment Management LP acquired a new position in Kinder Morgan during the second quarter valued at approximately $138,477,000. Zimmer Partners LP lifted its position in Kinder Morgan by 177.8% during the third quarter. Zimmer Partners LP now owns 6,070,100 shares of the pipeline company’s stock valued at $171,845,000 after buying an additional 3,885,000 shares in the last quarter. Holocene Advisors LP acquired a new position in Kinder Morgan during the third quarter valued at approximately $77,662,000. Finally, Vanguard Group Inc. lifted its position in Kinder Morgan by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 210,281,448 shares of the pipeline company’s stock valued at $5,780,637,000 after buying an additional 2,165,130 shares in the last quarter. 62.52% of the stock is owned by institutional investors and hedge funds.

Kinder Morgan Trading Down 0.9%

NYSE KMI opened at $32.57 on Friday. The company’s fifty day simple moving average is $32.88 and its 200-day simple moving average is $29.60. Kinder Morgan, Inc. has a 52 week low of $25.60 and a 52 week high of $34.73. The company has a current ratio of 0.52, a quick ratio of 0.50 and a debt-to-equity ratio of 0.92. The stock has a market cap of $72.47 billion, a P/E ratio of 21.86, a PEG ratio of 2.90 and a beta of 0.64.

Kinder Morgan (NYSE:KMI) last posted its earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.10. Kinder Morgan had a net margin of 18.92% and a return on equity of 9.90%. The business had revenue of $4.83 billion for the quarter, compared to analysts’ expectations of $4.55 billion. During the same period in the previous year, the company posted $0.34 earnings per share. The business’s revenue for the quarter 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. Equities research analysts predict that Kinder Morgan, Inc. will post 1.45 EPS for the current fiscal year.

Kinder Morgan Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Monday, May 4th will be paid a $0.2975 dividend. This represents a $1.19 dividend on an annualized basis and a dividend yield of 3.7%. This is a boost from Kinder Morgan’s previous quarterly dividend of $0.29. The ex-dividend date is Monday, May 4th. Kinder Morgan’s payout ratio is presently 79.87%.

More Kinder Morgan News

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

• Positive Sentiment: Q1 results beat expectations and the company raised its dividend 2%; Kinder Morgan also reaffirmed its role in major projects (Western Gateway) and announced a COO transition that preserves operational continuity. These items support KMI’s income/dividend profile. Read More.
• Positive Sentiment: Analyst tone turned constructive: Zacks upgraded KMI to “strong-buy” and Wall Street consensus remains generally positive, which can attract yield-seeking flows. Read More.
• Neutral Sentiment: Macro/sector context is mixed—global tensions have tightened LNG flows and lifted international gas prices, but the U.S. currently faces a regional gas glut, weighing on domestic prices and potentially compressing some midstream margins. This divergence makes near?term volume/pricing outcomes uncertain for pipeline owners. Read More.
• Neutral Sentiment: Valuation and comparative coverage articles highlight KMI as a stable, dividend-focused midstream play and debate whether recent gains already price in that stability; these debates can amplify trading volatility but are not new fundamentals. Read More.
• Negative Sentiment: A lawsuit was filed by a worker injured in a recent Kinder Morgan pipeline explosion, alleging safety failures. Litigation and potential remediation costs, plus reputational risk, are direct negatives for the stock. Read More.
• Negative Sentiment: US Capital Advisors trimmed Q2/Q3 EPS estimates slightly, signaling some sell?side caution on near?term earnings momentum; downgrades to near?term forecasts can pressure the stock if followed by others. Read More.

Analysts Set New Price Targets

KMI has been the topic of a number of recent research reports. Zacks Research raised shares of Kinder Morgan from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Mizuho lifted their price target on shares of Kinder Morgan from $31.00 to $37.00 and gave the company an “outperform” rating in a research report on Thursday, March 5th. TD Cowen lifted their price target on shares of Kinder Morgan from $34.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Royal Bank Of Canada lifted their price target on shares of Kinder Morgan from $32.00 to $35.00 and gave the company a “sector perform” rating in a research report on Monday, March 30th. Finally, Jefferies Financial Group reduced their price target on shares of Kinder Morgan from $36.00 to $34.00 and set a “hold” rating on the stock in a research report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $34.20.

Insider Activity at Kinder Morgan

In related news, VP John W. Schlosser sold 6,166 shares of Kinder Morgan stock in a transaction on Monday, April 6th. The shares were sold at an average price of $32.93, for a total value of $203,046.38. Following the completion of the sale, the vice president owned 182,706 shares in the company, valued at approximately $6,016,508.58. The trade was a 3.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Anthony B. Ashley sold 8,000 shares of Kinder Morgan stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $31.95, for a total transaction of $255,600.00. Following the completion of the sale, the vice president owned 100,146 shares of the company’s stock, valued at approximately $3,199,664.70. This trade represents a 7.40% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 29,598 shares of company stock worth $952,572 in the last ninety days. 12.72% of the stock is currently owned by corporate insiders.

Kinder Morgan Company 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.