Kinder Morgan (NYSE:KMI) Research Coverage Started at Capital One Financial

Capital One Financial started coverage on shares of Kinder Morgan (NYSE:KMI) in a research note issued to investors on Tuesday morning, Marketbeat.com reports. The brokerage issued an equal weight rating and a $36.00 target price on the pipeline company’s stock.

Other equities analysts have also recently issued research reports about the company. Morgan Stanley set a $33.00 price target on Kinder Morgan in a report on Thursday, September 17th. Stifel Nicolaus assumed coverage on Kinder Morgan in a report on Wednesday, September 9th. They issued a “hold” rating and a $35.00 price objective on the stock. Wells Fargo & Company boosted their price objective on Kinder Morgan from $35.00 to $36.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Kinder Morgan in a research note on Friday, September 18th. Finally, Melius Research initiated coverage on Kinder Morgan in a research report on Tuesday. They set a “buy” rating and a $38.00 target price on the stock. Eight research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $35.77.

Kinder Morgan Stock Performance

Shares of NYSE KMI opened at $31.22 on Tuesday. The company’s fifty day moving average price is $31.69 and its 200 day moving average price is $32.19. Kinder Morgan has a 1 year low of $25.60 and a 1 year high of $34.81. The company has a market capitalization of $69.51 billion, a PE ratio of 20.01, a price-to-earnings-growth ratio of 2.20 and a beta of 0.56. 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 released its quarterly earnings data on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.06. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The company had revenue of $4.48 billion during the quarter, compared to analysts’ expectations of $4.22 billion. During the same quarter in the previous year, the company earned $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. On average, research analysts predict that Kinder Morgan will post 1.55 earnings per share for the current year.

Kinder Morgan Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 3rd were issued a $0.2975 dividend. This represents a $1.19 annualized dividend and a yield of 3.8%. The ex-dividend date was Monday, August 3rd. Kinder Morgan’s payout ratio is presently 76.28%.

Insider Activity at Kinder Morgan

In other Kinder Morgan news, VP Michael Garthwaite sold 1,550 shares of the 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 completion of the transaction, the vice president owned 48,863 shares of the company’s stock, valued at $1,504,980.40. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 that occurred on Monday, July 6th. The shares were sold at an average price of $31.90, for a total value of $196,695.40. Following the completion of the transaction, the vice president owned 164,208 shares in the company, valued at approximately $5,238,235.20. This trade 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. 12.72% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in KMI. QRG Capital Management Inc. boosted its stake in Kinder Morgan by 3.3% during the 2nd quarter. QRG Capital Management Inc. now owns 224,085 shares of the pipeline company’s stock worth $7,164,000 after purchasing an additional 7,092 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in shares of Kinder Morgan by 7.1% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 574,907 shares of the pipeline company’s stock valued at $18,380,000 after buying an additional 37,922 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of Kinder Morgan by 0.8% in the second quarter. Envestnet Asset Management Inc. now owns 5,122,523 shares of the pipeline company’s stock valued at $163,766,000 after buying an additional 38,739 shares during the last quarter. State Street Corp lifted its stake in shares of Kinder Morgan by 4.3% in the second quarter. State Street Corp now owns 130,863,419 shares of the pipeline company’s stock worth $4,183,704,000 after buying an additional 5,361,578 shares in the last quarter. Finally, Core Capital Management & Research inc. purchased a new position in shares of Kinder Morgan in the second quarter worth about $856,000. 62.52% of the stock is owned by institutional investors and hedge funds.

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.