113,460 Shares in Kinder Morgan, Inc. $KMI Acquired by Oak Family Advisors LLC

Oak Family Advisors LLC bought a new position in shares of Kinder Morgan, Inc. (NYSE:KMI) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 113,460 shares of the pipeline company’s stock, valued at approximately $3,627,000.

Other hedge funds have also bought and sold shares of the company. Benjamin Edwards Inc. increased its stake in shares of Kinder Morgan by 14.4% during the 4th quarter. Benjamin Edwards Inc. now owns 467,434 shares of the pipeline company’s stock worth $12,849,000 after purchasing an additional 59,013 shares during the last quarter. Partners Group Holding AG lifted its stake in shares of Kinder Morgan by 45.0% in the 4th quarter. Partners Group Holding AG now owns 291,741 shares of the pipeline company’s stock valued at $8,020,000 after purchasing an additional 90,593 shares during the last quarter. Generali Asset Management SPA SGR lifted its stake in shares of Kinder Morgan by 47.4% in the 4th quarter. Generali Asset Management SPA SGR now owns 156,764 shares of the pipeline company’s stock valued at $4,309,000 after purchasing an additional 50,403 shares during the last quarter. GSA Capital Partners LLP boosted its holdings in Kinder Morgan by 152.2% in the fourth quarter. GSA Capital Partners LLP now owns 54,683 shares of the pipeline company’s stock worth $1,503,000 after purchasing an additional 32,998 shares in the last quarter. Finally, OP Asset Management Ltd acquired a new position in Kinder Morgan during the first quarter worth $6,412,000. Institutional investors and hedge funds own 62.52% of the company’s stock.

Kinder Morgan Trading Up 0.7%

Shares of NYSE:KMI opened at $31.70 on Thursday. The company has a market cap of $70.59 billion, a P/E ratio of 20.32, a P/E/G ratio of 2.55 and a beta of 0.54. The stock’s 50-day moving average is $31.96 and its 200-day moving average is $32.22. Kinder Morgan, Inc. has a 52-week low of $25.60 and a 52-week high of $34.81. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.36 and a current ratio of 0.46.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings data on Wednesday, July 22nd. The pipeline company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. Kinder Morgan had a return on equity of 10.46% and a net margin of 19.31%.The business had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.22 billion. During the same period in the previous year, the company posted $0.28 earnings per share. The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Equities research analysts predict that Kinder Morgan, Inc. will post 1.54 earnings per share for the current year.

Kinder Morgan Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be issued a dividend of $0.2975 per share. The ex-dividend date is Monday, August 3rd. This represents a $1.19 dividend on an annualized basis and a dividend yield of 3.8%. Kinder Morgan’s payout ratio is 76.28%.

Insider Activity at Kinder Morgan

In other Kinder Morgan news, VP Michael P. Garthwaite sold 1,550 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $31.44, for a total value of $48,732.00. Following the sale, the vice president directly owned 41,743 shares in the company, valued at $1,312,399.92. This trade represents a 3.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John W. Schlosser sold 6,166 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $31.90, for a total transaction of $196,695.40. Following the transaction, the vice president directly owned 164,208 shares of the company’s stock, valued at $5,238,235.20. This represents a 3.62% 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 15,432 shares of company stock valued at $493,849 over the last three months. 12.72% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on KMI. Jefferies Financial Group reaffirmed a “hold” rating on shares of Kinder Morgan in a research report on Thursday, July 23rd. The Goldman Sachs Group reissued a “buy” rating on shares of Kinder Morgan in a report on Wednesday, June 10th. Wells Fargo & Company raised their price objective on Kinder Morgan from $35.00 to $36.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. UBS Group restated a “buy” rating and issued a $43.00 target price on shares of Kinder Morgan in a report on Monday, June 15th. Finally, Weiss Ratings downgraded Kinder Morgan from a “buy (a-)” rating to a “buy (b+)” rating in a report on Tuesday, June 23rd. Eight investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, Kinder Morgan presently has a consensus rating of “Hold” and a consensus price target of $35.50.

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.