Kinder Morgan (NYSE:KMI) Price Target Raised to $40.00

Kinder Morgan (NYSE:KMI) had its price target lifted by Morgan Stanley from $38.00 to $40.00 in a report released on Tuesday,Benzinga reports. Morgan Stanley currently has an equal weight rating on the pipeline company’s stock.

A number of other research analysts also recently issued reports on the company. Royal Bank Of Canada boosted their price target on Kinder Morgan from $35.00 to $36.00 and gave the company a “sector perform” rating in a report on Tuesday, September 22nd. Melius Research initiated coverage on shares of Kinder Morgan in a research note on Tuesday, September 22nd. They set a “buy” rating and a $38.00 price objective on the stock. Mizuho lifted their target price on shares of Kinder Morgan from $37.00 to $39.00 and gave the company an “outperform” rating in a report on Thursday, October 22nd. Argus lifted their target price on shares of Kinder Morgan from $36.00 to $38.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. Finally, Weiss Ratings raised Kinder Morgan from a “buy (b)” rating to a “buy (b+)” rating in a report on Friday, October 23rd. Twelve equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $37.15.

Kinder Morgan Price Performance

Shares of KMI opened at $34.01 on Tuesday. The company has a 50 day moving average of $32.02 and a two-hundred day moving average of $31.99. The company has a quick ratio of 0.36, a current ratio of 0.67 and a debt-to-equity ratio of 0.95. Kinder Morgan has a twelve month low of $25.60 and a twelve month high of $34.81. The company has a market cap of $75.77 billion, a price-to-earnings ratio of 21.00, a price-to-earnings-growth ratio of 2.34 and a beta of 0.59.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings data on Wednesday, October 21st. The pipeline company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.02. Kinder Morgan had a net margin of 19.64% and a return on equity of 10.84%. The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter in the prior year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. As a group, analysts predict that Kinder Morgan will post 1.57 earnings per share for the current fiscal year.

Kinder Morgan Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Monday, November 2nd will be issued a $0.2975 dividend. This represents a $1.19 annualized dividend and a yield of 3.5%. The ex-dividend date is Monday, November 2nd. Kinder Morgan’s payout ratio is 73.46%.

Insider Buying and Selling at Kinder Morgan

In other news, VP Michael Garthwaite sold 1,550 shares of the business’s stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $33.65, for a total value of $52,157.50. Following the sale, the vice president directly owned 47,313 shares of the company’s stock, valued at approximately $1,592,082.45. The trade was a 3.17% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 12.72% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Quadrant Capital Group LLC raised its stake in Kinder Morgan by 0.7% in the 3rd quarter. Quadrant Capital Group LLC now owns 47,788 shares of the pipeline company’s stock worth $1,598,000 after acquiring an additional 309 shares during the last quarter. Laurel Wealth Advisors LLC grew its stake in Kinder Morgan by 3.6% during the 3rd quarter. Laurel Wealth Advisors LLC now owns 9,068 shares of the pipeline company’s stock valued at $273,000 after purchasing an additional 312 shares during the last quarter. Klingman & Associates LLC grew its stake in Kinder Morgan by 3.9% during the 1st quarter. Klingman & Associates LLC now owns 8,498 shares of the pipeline company’s stock valued at $285,000 after purchasing an additional 319 shares during the last quarter. Transamerica Financial Advisors LLC increased its holdings in shares of Kinder Morgan by 72.9% in the second quarter. Transamerica Financial Advisors LLC now owns 778 shares of the pipeline company’s stock valued at $25,000 after purchasing an additional 328 shares during the period. Finally, Abel Hall LLC increased its holdings in shares of Kinder Morgan by 4.0% in the first quarter. Abel Hall LLC now owns 8,588 shares of the pipeline company’s stock valued at $288,000 after purchasing an additional 330 shares during the period. Institutional investors and hedge funds own 62.52% of the company’s stock.

Key Stories Impacting Kinder Morgan

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

• Positive Sentiment: Kinder Morgan highlighted a record $14.4 billion pipeline backlog, supporting its long-term growth outlook. The company could benefit as data-center operators seek reliable natural-gas-fired power, although infrastructure and permitting remain bottlenecks. KMI Q3 Earnings Call Highlights Record Pipeline Backlog Growth
• Positive Sentiment: Morgan Stanley raised its price target for KMI, providing a favorable analyst signal and helping support investor sentiment. Kinder Morgan Stock Gets Price Target Bump from Morgan Stanley
• Positive Sentiment: US Capital Advisors lifted its FY2026 EPS forecast to $1.57 from $1.53, while raising its Q3 2027 estimate to $0.34 from $0.33. This follows Kinder Morgan’s recent quarterly earnings and revenue beat. Kinder Morgan analyst estimates

About Kinder Morgan

Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and other transportation and storage facilities. Its systems primarily support the movement, processing, and storage of natural gas, crude oil, refined petroleum products, and other energy commodities.

The company’s natural gas business transports and stores natural gas for utilities, power generators, industrial customers, and other energy companies. Kinder Morgan also operates refined products and crude oil pipelines, liquids terminals, and carbon dioxide infrastructure.