Kinder Morgan, Inc. $KMI Shares Acquired by Longfellow Investment Management Co. LLC

Longfellow Investment Management Co. LLC increased its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI) by 45.1% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 49,137 shares of the pipeline company’s stock after purchasing an additional 15,274 shares during the quarter. Longfellow Investment Management Co. LLC’s holdings in Kinder Morgan were worth $1,391,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Kinder Morgan by 0.4% in the third quarter. Vanguard Group Inc. now owns 208,116,318 shares of the pipeline company’s stock worth $5,891,773,000 after acquiring an additional 896,837 shares in the last quarter. Geode Capital Management LLC boosted its position in Kinder Morgan by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 51,848,863 shares of the pipeline company’s stock worth $1,518,195,000 after purchasing an additional 599,152 shares during the period. Norges Bank acquired a new stake in Kinder Morgan in the 2nd quarter valued at $1,162,802,000. Orbis Allan Gray Ltd increased its holdings in Kinder Morgan by 3.1% in the 2nd quarter. Orbis Allan Gray Ltd now owns 22,635,179 shares of the pipeline company’s stock valued at $665,474,000 after purchasing an additional 670,856 shares in the last quarter. Finally, Invesco Ltd. raised its position in Kinder Morgan by 2.8% in the second quarter. Invesco Ltd. now owns 21,949,329 shares of the pipeline company’s stock valued at $645,310,000 after purchasing an additional 603,197 shares during the period. Hedge funds and other institutional investors own 62.52% of the company’s stock.

Insider Transactions at Kinder Morgan

In related news, VP John W. Schlosser sold 6,166 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $33.67, for a total transaction of $207,609.22. Following the sale, the vice president directly owned 188,872 shares of the company’s stock, valued at approximately $6,359,320.24. This represents a 3.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Anthony B. Ashley sold 8,000 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $31.95, for a total value of $255,600.00. Following the transaction, the vice president owned 100,146 shares in the company, valued at $3,199,664.70. This trade represents a 7.40% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 46,498 shares of company stock valued at $1,418,248 in the last three months. Corporate insiders own 12.73% of the company’s stock.

Key Headlines Impacting Kinder Morgan

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

• Positive Sentiment: KMI expanded its post?FID natural gas project backlog to roughly US$10 billion, adding about US$900 million of new projects aimed at LNG exports and power demand from data centers — the company emphasizes fee?based, contract?backed economics that support long?term cash flow visibility. Kinder Morgan’s US$10b Backlog Meets Fair Value And Cash Flow Questions
• Positive Sentiment: Recent quarterly results beat expectations (revenue ~$4.51B; EPS $0.39), which underpins the company’s cash generation argument and supports dividend/dividend?yield narratives investors care about. How Investors May Respond To Kinder Morgan (KMI) Expanding Its US$10 Billion Natural Gas Project Backlog
• Positive Sentiment: Analysts have been lifting targets: Mizuho raised its KMI target to $37 with an outperform, and Morgan Stanley/Mid?tier shops have nudged targets higher (examples noted in coverage), signaling greater upside in some research models. Benzinga note on Mizuho upgrade Morgan Stanley target boost
• Neutral Sentiment: Options and trading activity have surged, indicating elevated short?term interest and positioning that can amplify intraday moves but is not a fundamental change. Options volume surge
• Neutral Sentiment: The larger backlog also prompted questions about fair value and timing of cash flows for some investors — growth is meaningful but lumpy and pre?FID projects still carry execution/timing risk. Backlog valuation/cash flow questions
• Negative Sentiment: A MarketWatch note flagged that KMI underperformed peers on the day, reflecting relative weakness vs. the group despite the backlog and analyst target moves — that relative underperformance helps explain downward pressure. MarketWatch underperformance note

Kinder Morgan Stock Performance

Kinder Morgan stock opened at $33.42 on Friday. The company has a current ratio of 0.64, a quick ratio of 0.50 and a debt-to-equity ratio of 0.95. The stock has a 50 day moving average of $30.03 and a 200-day moving average of $28.08. The stock has a market cap of $74.35 billion, a P/E ratio of 24.39, a price-to-earnings-growth ratio of 2.74 and a beta of 0.68. Kinder Morgan, Inc. has a 52 week low of $23.94 and a 52 week high of $34.24.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings results on Wednesday, January 21st. The pipeline company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.02. The firm had revenue of $4.51 billion for the quarter, compared to analysts’ expectations of $4.33 billion. Kinder Morgan had a net margin of 18.04% and a return on equity of 9.02%. The firm’s quarterly revenue was up 13.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.30 earnings per share. On average, analysts expect that Kinder Morgan, Inc. will post 1.25 EPS for the current fiscal year.

Kinder Morgan Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 2nd were paid a $0.2925 dividend. This represents a $1.17 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date was Monday, February 2nd. Kinder Morgan’s dividend payout ratio (DPR) is 85.40%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the company. UBS Group reiterated a “buy” rating and issued a $38.00 target price on shares of Kinder Morgan in a research note on Friday, December 12th. Scotiabank upped their price target on Kinder Morgan from $29.00 to $30.00 and gave the stock a “sector perform” rating in a report on Friday, January 23rd. Royal Bank Of Canada lifted their price objective on shares of Kinder Morgan from $30.00 to $32.00 and gave the company a “sector perform” rating in a research note on Friday, February 27th. Barclays restated an “overweight” rating on shares of Kinder Morgan in a research note on Friday, February 20th. Finally, Mizuho raised their price target on shares of Kinder Morgan from $31.00 to $37.00 and gave the company an “outperform” rating in a report on Thursday. Eight equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $33.08.

Kinder Morgan 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.