Kinder Morgan, Inc. (NYSE:KMI) Given Average Rating of “Hold” by Brokerages

Kinder Morgan, Inc. (NYSE:KMI) has been given a consensus recommendation of “Hold” by the seventeen analysts that are presently covering the firm, MarketBeat reports. Ten research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $35.4545.

Several brokerages have recently weighed in on KMI. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Kinder Morgan in a research note on Wednesday, June 10th. Wells Fargo & Company increased their target price on shares of Kinder Morgan from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Zacks Research downgraded shares of Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Weiss Ratings lowered shares of Kinder Morgan from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Tuesday, June 23rd. Finally, Stifel Nicolaus initiated coverage on shares of Kinder Morgan in a research report on Wednesday, September 9th. They set a “hold” rating and a $35.00 price target on the stock.

Insider Buying and Selling

In other news, VP Michael Garthwaite sold 1,550 shares of the company’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $30.80, for a total transaction of $47,740.00. Following the sale, the vice president owned 48,863 shares in the company, valued at $1,504,980.40. This represents a 3.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John Schlosser sold 6,166 shares of the firm’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $31.90, for a total transaction of $196,695.40. Following the completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 12.72% of the company’s stock.

Institutional Investors Weigh In On Kinder Morgan

Several hedge funds have recently bought and sold shares of the company. Core Capital Management & Research inc. bought a new position in Kinder Morgan during the second quarter worth $856,000. Sequoia Financial Advisors LLC raised its position in shares of Kinder Morgan by 4.1% in the second quarter. Sequoia Financial Advisors LLC now owns 330,455 shares of the pipeline company’s stock valued at $10,565,000 after purchasing an additional 13,130 shares during the period. Tidal Investments LLC lifted its stake in shares of Kinder Morgan by 17.8% during the 2nd quarter. Tidal Investments LLC now owns 635,254 shares of the pipeline company’s stock worth $20,309,000 after buying an additional 96,102 shares during the last quarter. Van Hulzen Asset Management LLC lifted its stake in shares of Kinder Morgan by 10.1% during the 2nd quarter. Van Hulzen Asset Management LLC now owns 277,516 shares of the pipeline company’s stock worth $8,872,000 after buying an additional 25,525 shares during the last quarter. Finally, National Pension Service boosted its holdings in shares of Kinder Morgan by 2.1% during the 2nd quarter. National Pension Service now owns 3,047,059 shares of the pipeline company’s stock worth $97,414,000 after buying an additional 61,443 shares during the period. 62.52% of the stock is currently owned by institutional investors and hedge funds.

Kinder Morgan Price Performance

Shares of NYSE KMI opened at $31.81 on Tuesday. The company has a fifty day moving average price of $31.77 and a 200 day moving average price of $32.27. The firm has a market cap of $70.83 billion, a PE ratio of 20.39, a PEG ratio of 2.24 and a beta of 0.56. The company has a current ratio of 0.46, a quick ratio of 0.36 and a debt-to-equity ratio of 0.91. Kinder Morgan has a 1-year low of $25.60 and a 1-year high of $34.81.

Kinder Morgan (NYSE:KMI) last released its quarterly earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.06. The firm had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.22 billion. Kinder Morgan had a return on equity of 10.46% and a net margin of 19.31%.The company’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same quarter last year, the business posted $0.28 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Research analysts predict that Kinder Morgan will post 1.55 earnings per share for the current fiscal year.

Kinder Morgan Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 3rd were given a dividend of $0.2975 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.19 annualized dividend and a dividend yield of 3.7%. Kinder Morgan’s payout ratio is 76.28%.

Kinder Morgan Company Profile

Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and storage facilities across North America. Its assets transport and store natural gas, crude oil, refined petroleum products, renewable fuels, and carbon dioxide.

The company’s natural gas business supports gathering, processing, transportation, and storage, while its products pipeline network serves refineries, airports, utilities, and other industrial customers. Kinder Morgan also operates bulk and liquids terminals that handle energy products and other commodities, along with carbon dioxide infrastructure used in enhanced oil recovery and related applications.

Founded in 1997, Kinder Morgan has expanded through acquisitions and the development of energy infrastructure in the United States and Canada.