Sivia Capital Partners LLC Acquires 22,469 Shares of Kinder Morgan, Inc. $KMI

Sivia Capital Partners LLC boosted its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI) by 187.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 34,467 shares of the pipeline company’s stock after purchasing an additional 22,469 shares during the quarter. Sivia Capital Partners LLC’s holdings in Kinder Morgan were worth $947,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in KMI. Brighton Jones LLC bought a new stake in Kinder Morgan during the 4th quarter valued at approximately $308,000. Schnieders Capital Management LLC. grew its holdings in Kinder Morgan by 11.4% during the 2nd quarter. Schnieders Capital Management LLC. now owns 69,444 shares of the pipeline company’s stock valued at $2,042,000 after buying an additional 7,081 shares in the last quarter. NewEdge Advisors LLC grew its holdings in Kinder Morgan by 2.1% during the 2nd quarter. NewEdge Advisors LLC now owns 270,876 shares of the pipeline company’s stock valued at $7,964,000 after buying an additional 5,586 shares in the last quarter. Nebula Research & Development LLC purchased a new position in Kinder Morgan during the 2nd quarter valued at approximately $1,168,000. Finally, Sei Investments Co. grew its holdings in Kinder Morgan by 20.4% during the 2nd quarter. Sei Investments Co. now owns 861,465 shares of the pipeline company’s stock valued at $25,328,000 after buying an additional 145,806 shares in the last quarter. Institutional investors own 62.52% of the company’s stock.

Insiders Place Their Bets

In related news, VP Michael P. Garthwaite sold 1,550 shares of the business’s stock in a transaction on Monday, May 18th. The stock was sold at an average price of $33.65, for a total transaction of $52,157.50. Following the completion of the transaction, the vice president owned 43,293 shares in the company, valued at $1,456,809.45. The trade was a 3.46% decrease in their position. The transaction 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 W. Schlosser sold 6,166 shares of the business’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $32.93, for a total value of $203,046.38. Following the transaction, the vice president owned 182,706 shares of the company’s stock, valued at approximately $6,016,508.58. The trade was a 3.26% 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. In the last 90 days, insiders have sold 16,982 shares of company stock valued at $555,825. 12.72% of the stock is owned by company insiders.

Kinder Morgan Price Performance

Shares of Kinder Morgan stock opened at $31.70 on Friday. The stock has a market cap of $70.53 billion, a price-to-earnings ratio of 21.28, a price-to-earnings-growth ratio of 2.62 and a beta of 0.54. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.41 and a current ratio of 0.52. The stock has a 50 day moving average price of $32.53 and a 200-day moving average price of $30.58. Kinder Morgan, Inc. has a one year low of $25.60 and a one year high of $34.81.

Kinder Morgan (NYSE:KMI) last announced its earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.10. The firm had revenue of $4.83 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.34 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Equities analysts expect that Kinder Morgan, Inc. will post 1.49 EPS for the current year.

Kinder Morgan Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors 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 yield of 3.8%. The ex-dividend date was Monday, May 4th. This is an increase from Kinder Morgan’s previous quarterly dividend of $0.29. Kinder Morgan’s dividend payout ratio (DPR) is presently 79.87%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Barclays restated an “overweight” rating on shares of Kinder Morgan in a report on Friday, February 20th. Wells Fargo & Company raised their price target on Kinder Morgan from $34.00 to $35.00 and gave the company an “overweight” rating in a report on Friday, March 13th. Stifel Nicolaus raised their price target on Kinder Morgan from $30.00 to $33.00 and gave the company a “hold” rating in a report on Friday, March 13th. Jefferies Financial Group cut their price target on Kinder Morgan from $36.00 to $34.00 and set a “hold” rating for the company in a report on Thursday, April 23rd. Finally, Weiss Ratings upgraded Kinder Morgan from a “buy (b)” rating to a “buy (a-)” rating in a report on Monday, May 4th. Two equities research 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 stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $34.20.

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.