Inceptionr LLC reduced its position in Kinder Morgan, Inc. (NYSE:KMI – Free Report) by 43.0% in the first quarter, Holdings Channel.com reports. The fund owned 22,980 shares of the pipeline company’s stock after selling 17,321 shares during the quarter. Inceptionr LLC’s holdings in Kinder Morgan were worth $771,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of the company. Commonwealth Retirement Investments LLC bought a new position in Kinder Morgan in the 4th quarter valued at $27,000. Frazier Financial Advisors LLC purchased a new position in shares of Kinder Morgan during the 1st quarter valued at $28,000. Acumen Wealth Advisors LLC bought a new position in shares of Kinder Morgan in the fourth quarter worth $28,000. Dorato Capital Management bought a new position in shares of Kinder Morgan in the fourth quarter worth $30,000. Finally, Basepoint Wealth LLC purchased a new stake in shares of Kinder Morgan in the fourth quarter worth $30,000. Hedge funds and other institutional investors own 62.52% of the company’s stock.
Analyst Ratings Changes
KMI has been the subject of several research analyst reports. The Goldman Sachs Group reissued a “buy” rating on shares of Kinder Morgan in a research note on Wednesday, June 10th. Wolfe Research lowered Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Citigroup raised their price target on Kinder Morgan from $28.00 to $33.00 and gave the company a “neutral” rating in a report on Monday, March 30th. Weiss Ratings downgraded Kinder Morgan from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Tuesday, June 23rd. Finally, Wells Fargo & Company boosted their price objective on Kinder Morgan from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Thursday. Eight analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $35.08.
Kinder Morgan Stock Performance
Kinder Morgan stock opened at $32.87 on Friday. Kinder Morgan, Inc. has a fifty-two week low of $25.60 and a fifty-two week high of $34.81. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.41 and a current ratio of 0.46. The stock has a market cap of $73.13 billion, a P/E ratio of 21.07, a price-to-earnings-growth ratio of 2.59 and a beta of 0.54. The firm’s fifty day moving average price is $32.26 and its 200-day moving average price is $31.83.
Kinder Morgan (NYSE:KMI – Get Free Report) last announced its earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.06. The company had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.22 billion. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.28 earnings per share. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. On average, equities research analysts expect that Kinder Morgan, Inc. will post 1.57 earnings per share for the current fiscal year.
Kinder Morgan Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 3rd will be paid a dividend of $0.2975 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $1.19 annualized dividend and a yield of 3.6%. Kinder Morgan’s payout ratio is 76.28%.
Insider Transactions at Kinder Morgan
In related news, VP Michael P. Garthwaite sold 1,550 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $31.44, for a total transaction of $48,732.00. Following the transaction, the vice president directly owned 41,743 shares of the company’s stock, valued at approximately $1,312,399.92. This trade represents a 3.58% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 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 that occurred on Tuesday, May 5th. The stock was sold at an average price of $32.41, for a total value of $199,840.06. Following the completion of the sale, the vice president owned 176,540 shares of the company’s stock, valued at $5,721,661.40. The trade was a 3.37% 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 a total of 21,598 shares of company stock valued at $693,689 over the last quarter. Company insiders own 12.72% of the company’s stock.
More Kinder Morgan News
Here are the key news stories impacting Kinder Morgan this week:
- Positive Sentiment: Kinder Morgan beat Q2 earnings and revenue expectations, helped by higher natural gas volumes and strong pipeline demand. Kinder Morgan (KMI) Tops Q2 Earnings and Revenue Estimates
- Positive Sentiment: The company raised its 2026 guidance and pointed to growing LNG, power, and data-center demand, which suggests more growth ahead. Plugging In: How Kinder Morgan Powers Up Profits
- Positive Sentiment: Kinder Morgan lifted its quarterly dividend, reinforcing the stock’s income story for shareholders. KMI Q2 Earnings Beat Estimates on Natural Gas Pipeline Strength
- Positive Sentiment: Analysts were highlighted as bullish on Kinder Morgan in recent coverage, which can support sentiment around the name. Analysts Are Bullish on These Energy Stocks: Kinder Morgan (KMI), Matador Resources (MTDR)
- Neutral Sentiment: Kinder Morgan also issued a 2025 Sustainability Report, emphasizing methane reductions and lower-carbon investments, which is more of a long-term ESG update than a near-term earnings driver. Kinder Morgan Issues 2025 Sustainability Report
- Negative Sentiment: One analyst roundup described sentiment on Kinder Morgan as neutral, suggesting some investors may be waiting for more proof after the earnings surge. Analysts Are Neutral on These Energy Stocks: Paladin Energy Ltd (PALAF), Kinder Morgan (KMI)
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.
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