Modern Wealth Management LLC trimmed its holdings in Kinder Morgan, Inc. (NYSE:KMI – Free Report) by 4.4% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 379,413 shares of the pipeline company’s stock after selling 17,396 shares during the quarter. Modern Wealth Management LLC’s holdings in Kinder Morgan were worth $12,475,000 at the end of the most recent reporting period.
Several other large investors have also recently added to or reduced their stakes in the business. Norges Bank acquired a new position in Kinder Morgan during the 4th quarter worth $1,132,125,000. AQR Capital Management LLC raised its stake in shares of Kinder Morgan by 431.9% during the third quarter. AQR Capital Management LLC now owns 6,569,082 shares of the pipeline company’s stock valued at $185,971,000 after purchasing an additional 5,333,986 shares in the last quarter. Merewether Investment Management LP acquired a new stake in Kinder Morgan in the second quarter worth about $138,477,000. Zimmer Partners LP grew its position in Kinder Morgan by 177.8% in the 3rd 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. Finally, Eurizon Capital SGR S.p.A. acquired a new position in Kinder Morgan during the 4th quarter valued at about $85,364,000. 62.52% of the stock is currently owned by institutional investors and hedge funds.
Kinder Morgan Stock Performance
Shares of KMI opened at $32.73 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.52 and a quick ratio of 0.41. The firm’s 50 day moving average is $32.27 and its 200-day moving average is $31.83. Kinder Morgan, Inc. has a 12-month low of $25.60 and a 12-month high of $34.81. The stock has a market capitalization of $72.82 billion, a P/E ratio of 20.98, a P/E/G ratio of 2.72 and a beta of 0.54.
Kinder Morgan Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be paid a dividend of $0.2975 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $1.19 annualized dividend and a dividend yield of 3.6%. Kinder Morgan’s dividend payout ratio (DPR) is currently 76.28%.
Analysts Set New Price Targets
A number of analysts have recently weighed in on the stock. Scotiabank upped their price target on shares of Kinder Morgan from $31.00 to $32.00 and gave the stock a “sector perform” rating in a research note on Thursday, March 26th. Citigroup boosted their target price on Kinder Morgan from $28.00 to $33.00 and gave the stock a “neutral” rating in a report on Monday, March 30th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Kinder Morgan in a research note on Thursday. Weiss Ratings cut Kinder Morgan from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Tuesday, June 23rd. Finally, Royal Bank Of Canada upped their price objective on Kinder Morgan from $32.00 to $35.00 and gave the company a “sector perform” rating in a report on Monday, March 30th. Eight research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $34.79.
Check Out Our Latest Stock Analysis on KMI
Insiders Place Their Bets
In related news, VP John W. Schlosser sold 6,166 shares of the stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $32.41, for a total value of $199,840.06. Following the completion of the transaction, the vice president owned 176,540 shares in the company, valued at $5,721,661.40. This trade represents a 3.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael P. Garthwaite sold 1,550 shares of the business’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $31.44, for a total value of $48,732.00. Following the sale, the vice president owned 41,743 shares in the company, valued at approximately $1,312,399.92. The trade was a 3.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 21,598 shares of company stock worth $693,689 over the last 90 days. Insiders own 12.72% of the company’s stock.
Kinder Morgan News Summary
Here are the key news stories impacting Kinder Morgan this week:
- Positive Sentiment: Kinder Morgan reported better-than-expected Q2 2026 results, with EPS of $0.37 beating estimates of $0.31 and revenue of $4.48 billion topping forecasts, driven by higher natural gas volumes and record net income/adjusted EBITDA. Business Wire Q2 Results
- Positive Sentiment: The company raised its 2026 outlook and said its gas project pipeline has grown above $10 billion, supported by LNG, power, and data-center demand, signaling more growth ahead. Yahoo Finance earnings call highlights
- Positive Sentiment: Kinder Morgan also approved a quarterly dividend of $0.2975 per share, underscoring strong cash generation and reinforcing the stock’s income appeal. Business Wire dividend announcement
- Neutral Sentiment: The company published its 2025 Sustainability Report, highlighting methane reductions, lower carbon investments, and emissions-detection technology. This is more of a long-term ESG update than a direct earnings driver. Sustainability report
About Kinder Morgan
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.
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