GPS Wealth Strategies Group LLC Decreases Holdings in Kinder Morgan, Inc. $KMI

GPS Wealth Strategies Group LLC reduced its holdings in Kinder Morgan, Inc. (NYSE:KMI) by 85.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,755 shares of the pipeline company’s stock after selling 16,771 shares during the period. GPS Wealth Strategies Group LLC’s holdings in Kinder Morgan were worth $76,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Keudell Morrison Wealth Management purchased a new position in shares of Kinder Morgan in the fourth quarter worth about $529,000. Ignite Planners LLC lifted its stake in shares of Kinder Morgan by 6.0% in the fourth quarter. Ignite Planners LLC now owns 10,692 shares of the pipeline company’s stock worth $326,000 after buying an additional 602 shares in the last quarter. Axxcess Wealth Management LLC lifted its stake in shares of Kinder Morgan by 90.7% in the fourth quarter. Axxcess Wealth Management LLC now owns 153,142 shares of the pipeline company’s stock worth $4,210,000 after buying an additional 72,825 shares in the last quarter. Van Hulzen Asset Management LLC lifted its stake in shares of Kinder Morgan by 4.3% in the fourth quarter. Van Hulzen Asset Management LLC now owns 237,718 shares of the pipeline company’s stock worth $6,535,000 after buying an additional 9,698 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its stake in shares of Kinder Morgan by 28.3% in the fourth quarter. Global Retirement Partners LLC now owns 49,283 shares of the pipeline company’s stock worth $1,355,000 after buying an additional 10,882 shares in the last quarter. 62.52% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Kinder Morgan

In other Kinder Morgan news, VP Michael P. Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $33.65, for a total transaction of $52,157.50. Following the completion of the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John W. Schlosser sold 6,166 shares of Kinder Morgan stock in a transaction dated Tuesday, May 5th. The shares were sold at an average price of $32.41, for a total transaction of $199,840.06. Following the sale, the vice president owned 176,540 shares of the company’s stock, valued at approximately $5,721,661.40. This represents a 3.37% 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. Over the last quarter, insiders have sold 23,148 shares of company stock valued at $763,434. Company insiders own 12.72% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Zacks Research raised shares of Kinder Morgan from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Morgan Stanley raised their price target on shares of Kinder Morgan from $34.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 3rd. Jefferies Financial Group decreased their price target on shares of Kinder Morgan from $36.00 to $34.00 and set a “hold” rating on the stock in a research note on Thursday, April 23rd. Barclays reaffirmed an “overweight” rating on shares of Kinder Morgan in a research note on Friday, February 20th. Finally, Weiss Ratings upgraded shares of Kinder Morgan from a “buy (b)” rating to a “buy (a-)” rating in a report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $34.20.

Kinder Morgan Stock Performance

NYSE:KMI opened at $33.80 on Friday. 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 firm has a market capitalization of $75.19 billion, a price-to-earnings ratio of 22.68, a PEG ratio of 2.89 and a beta of 0.56. The company’s 50-day moving average is $32.78 and its two-hundred day moving average is $30.22. Kinder Morgan, Inc. has a 1-year low of $25.60 and a 1-year high of $34.81.

Kinder Morgan (NYSE:KMI) last posted its earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share for the quarter, beating the consensus estimate 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 net margin of 18.92% and a return on equity of 9.90%. Kinder Morgan’s revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.34 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Analysts forecast that Kinder Morgan, Inc. will post 1.49 EPS for the current year.

Kinder Morgan Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 4th were given a dividend of $0.2975 per share. This is a boost from Kinder Morgan’s previous quarterly dividend of $0.29. This represents a $1.19 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Monday, May 4th. Kinder Morgan’s dividend payout ratio (DPR) is 79.87%.

About Kinder Morgan

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.