Mesirow Financial Investment Management Inc. Sells 132,395 Shares of Kinder Morgan, Inc. $KMI

Mesirow Financial Investment Management Inc. lowered its position in Kinder Morgan, Inc. (NYSE:KMI) by 39.3% in the 4th quarter, Holdings Channel reports. The fund owned 204,365 shares of the pipeline company’s stock after selling 132,395 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Kinder Morgan were worth $5,618,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Kinder Morgan by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 210,281,448 shares of the pipeline company’s stock worth $5,780,637,000 after acquiring an additional 2,165,130 shares in the last quarter. Orbis Allan Gray Ltd boosted its position in shares of 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 worth $665,474,000 after purchasing an additional 670,856 shares in the last quarter. Invesco Ltd. boosted its position in shares of Kinder Morgan by 1.0% in the 3rd quarter. Invesco Ltd. now owns 22,165,368 shares of the pipeline company’s stock worth $627,502,000 after purchasing an additional 216,039 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Kinder Morgan by 1.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 16,551,759 shares of the pipeline company’s stock worth $468,588,000 after buying an additional 205,820 shares during the last quarter. Finally, Legal & General Group Plc grew its stake in shares of Kinder Morgan by 1.4% in the 3rd quarter. Legal & General Group Plc now owns 15,878,898 shares of the pipeline company’s stock worth $449,532,000 after buying an additional 213,741 shares during the last quarter. Institutional investors own 62.52% of the company’s stock.

Insider Transactions at Kinder Morgan

In other news, VP Anthony B. Ashley sold 8,000 shares of the business’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 completion of the transaction, the vice president owned 100,146 shares in the company, valued at $3,199,664.70. The trade was a 7.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Michael P. Garthwaite sold 1,550 shares of the business’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $31.72, for a total value of $49,166.00. Following the completion of the transaction, the vice president owned 44,843 shares of the company’s stock, valued at $1,422,419.96. This represents a 3.34% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 29,598 shares of company stock worth $966,877 over the last quarter. 12.72% of the stock is currently owned by insiders.

Kinder Morgan News Roundup

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

• Positive Sentiment: KMI was named to Zacks’ Rank #1 (Strong Buy) income stocks list, which can support buying interest from investors looking for higher-yield names with favorable momentum. Best Income Stocks to Buy for May 13th
• Positive Sentiment: Analyst coverage remains supportive, with Kinder Morgan receiving a consensus “Moderate Buy” rating, reinforcing the view that the company’s cash-flow profile and pipeline assets remain attractive. Kinder Morgan, Inc. (NYSE:KMI) Receives Consensus Rating of “Moderate Buy” from Analysts
• Positive Sentiment: Market chatter around “new targets and project backlogs” suggests improving visibility on future growth, which is typically a bullish driver for a pipeline operator like Kinder Morgan. How The Kinder Morgan (KMI) Story Is Shifting With New Targets And Project Backlogs
• Neutral Sentiment: KMI has also been showing up on stock-watch lists and “most searched” screens, which indicates elevated trading interest but does not by itself change the fundamentals. Kinder Morgan, Inc. (KMI) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Recent headlines note that the shares bounced after several losing sessions, which may reflect a short-term technical rebound rather than a major fundamental shift. Kinder Morgan jumps 3% after six straight sessions of losses

Kinder Morgan Stock Up 1.1%

Shares of NYSE:KMI opened at $32.82 on Thursday. The stock has a fifty day simple moving average of $32.74 and a two-hundred day simple moving average of $29.87. The stock has a market capitalization of $73.01 billion, a price-to-earnings ratio of 22.02, a PEG ratio of 2.78 and a beta of 0.56. Kinder Morgan, Inc. has a 12-month low of $25.60 and a 12-month high of $34.73. The company has a current ratio of 0.52, a quick ratio of 0.41 and a debt-to-equity ratio of 0.92.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.10. Kinder Morgan had a return on equity of 9.90% and a net margin of 18.92%.The firm had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.55 billion. During the same quarter in the previous year, the business earned $0.34 earnings per share. The company’s revenue was up 13.8% on a year-over-year basis. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. On average, research analysts anticipate that Kinder Morgan, Inc. will post 1.49 earnings per share for the current fiscal year.

Kinder Morgan Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Monday, May 4th will be paid a $0.2975 dividend. This is an increase from Kinder Morgan’s previous quarterly dividend of $0.29. This represents a $1.19 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Monday, May 4th. Kinder Morgan’s dividend payout ratio (DPR) is presently 79.87%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on KMI. Scotiabank lifted their price objective on Kinder Morgan from $31.00 to $32.00 and gave the company a “sector perform” rating in a research note on Thursday, March 26th. Zacks Research upgraded Kinder Morgan from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Mizuho lifted their price objective on Kinder Morgan from $31.00 to $37.00 and gave the company an “outperform” rating in a research note on Thursday, March 5th. Morgan Stanley lifted their price objective on Kinder Morgan from $34.00 to $36.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 3rd. Finally, Citigroup lifted their price objective on Kinder Morgan from $28.00 to $33.00 and gave the company a “neutral” rating in a research note on Monday, March 30th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $34.20.

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.