Callahan Advisors LLC Decreases Stock Position in Kinder Morgan, Inc. $KMI

Callahan Advisors LLC reduced its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI) by 5.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 320,229 shares of the pipeline company’s stock after selling 16,870 shares during the period. Callahan Advisors LLC’s holdings in Kinder Morgan were worth $8,803,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Providence Capital Advisors LLC acquired a new stake in shares of Kinder Morgan during the 3rd quarter valued at approximately $2,674,000. Meixler Investment Management Ltd. acquired a new stake in shares of Kinder Morgan during the 3rd quarter valued at approximately $1,882,000. HighTower Advisors LLC raised its position in shares of Kinder Morgan by 3.9% during the 3rd quarter. HighTower Advisors LLC now owns 1,231,845 shares of the pipeline company’s stock valued at $34,874,000 after acquiring an additional 46,396 shares in the last quarter. Kayne Anderson Capital Advisors LP raised its position in shares of Kinder Morgan by 15.6% during the 3rd quarter. Kayne Anderson Capital Advisors LP now owns 12,452,111 shares of the pipeline company’s stock valued at $352,519,000 after acquiring an additional 1,682,241 shares in the last quarter. Finally, Cibc World Market Inc. raised its position in shares of Kinder Morgan by 12.9% during the 3rd quarter. Cibc World Market Inc. now owns 869,127 shares of the pipeline company’s stock valued at $24,605,000 after acquiring an additional 99,540 shares in the last quarter. 62.52% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, VP John W. Schlosser sold 6,166 shares of the firm’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $32.93, for a total transaction of $203,046.38. Following the transaction, the vice president directly owned 182,706 shares of the company’s stock, valued at approximately $6,016,508.58. This trade represents a 3.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael P. Garthwaite sold 1,550 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $33.65, for a total value of $52,157.50. Following the transaction, the vice president directly owned 43,293 shares in the company, valued at $1,456,809.45. This trade represents a 3.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 23,148 shares of company stock worth $763,434 over the last three months. Corporate insiders own 12.72% of the company’s stock.

Kinder Morgan Price Performance

Shares of NYSE KMI opened at $33.60 on Thursday. Kinder Morgan, Inc. has a 1-year low of $25.60 and a 1-year high of $34.81. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.52 and a quick ratio of 0.41. The business’s fifty day moving average price is $32.76 and its two-hundred day moving average price is $30.14. The firm has a market capitalization of $74.76 billion, a PE ratio of 22.55, a P/E/G ratio of 2.93 and a beta of 0.56.

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

Kinder Morgan Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were issued a dividend of $0.2975 per share. This represents a $1.19 dividend on an annualized basis and a dividend yield of 3.5%. This is a positive change from Kinder Morgan’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Monday, May 4th. Kinder Morgan’s dividend payout ratio is 79.87%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on KMI shares. Royal Bank Of Canada upped their price target on Kinder Morgan from $32.00 to $35.00 and gave the company a “sector perform” rating in a research report on Monday, March 30th. Jefferies Financial Group dropped their price target on Kinder Morgan from $36.00 to $34.00 and set a “hold” rating on the stock in a research report on Thursday, April 23rd. Wolfe Research lowered Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Morgan Stanley increased their target price on Kinder Morgan from $34.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 3rd. Finally, Barclays reaffirmed an “overweight” rating on shares of Kinder Morgan in a research report on Friday, February 20th. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $34.20.

Key Kinder Morgan News

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

• Positive Sentiment: Kinder Morgan increased its quarterly dividend to $0.2975 per share from $0.29, reinforcing its appeal as a steady income stock for investors seeking yield. The raise supports the view that cash flow remains strong and that management is prioritizing shareholder returns.
• Positive Sentiment: The company’s latest earnings beat was strong, with EPS of $0.48 topping estimates of $0.38 and revenue rising 13.8% year over year to $4.83 billion, which suggests its pipeline and terminal business is still performing well.
• Positive Sentiment: Institutional ownership remains high, and recent fund buying shows some investors continue to add exposure to KMI, which can help support sentiment around the stock.
• Neutral Sentiment: Analyst coverage remains mixed but constructive overall, with a consensus rating of “Moderate Buy” and a target price near the current trading range. That indicates Wall Street sees limited upside, but not a major deterioration in the story.
• Negative Sentiment: VP Michael Garthwaite sold 1,550 shares in a pre-arranged 10b5-1 transaction, which is not a strong negative signal on its own, but insider selling can still weigh on investor sentiment near all-time highs.

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.