Kinder Morgan, Inc. $KMI Shares Bought by Ashford Capital Management Inc.

Ashford Capital Management Inc. lifted its position in shares of Kinder Morgan, Inc. (NYSE:KMI) by 22.0% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 87,493 shares of the pipeline company’s stock after acquiring an additional 15,785 shares during the period. Ashford Capital Management Inc.’s holdings in Kinder Morgan were worth $2,934,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Benjamin Edwards Inc. raised its holdings in shares of Kinder Morgan by 14.4% during the fourth quarter. Benjamin Edwards Inc. now owns 467,434 shares of the pipeline company’s stock valued at $12,849,000 after buying an additional 59,013 shares during the last quarter. Partners Group Holding AG grew its holdings in Kinder Morgan by 45.0% in the 4th quarter. Partners Group Holding AG now owns 291,741 shares of the pipeline company’s stock worth $8,020,000 after buying an additional 90,593 shares in the last quarter. Generali Asset Management SPA SGR increased its position in Kinder Morgan by 47.4% in the 4th quarter. Generali Asset Management SPA SGR now owns 156,764 shares of the pipeline company’s stock valued at $4,309,000 after acquiring an additional 50,403 shares during the period. GSA Capital Partners LLP increased its position in Kinder Morgan by 152.2% in the 4th quarter. GSA Capital Partners LLP now owns 54,683 shares of the pipeline company’s stock valued at $1,503,000 after acquiring an additional 32,998 shares during the period. Finally, Asset Advisors Investment Management LLC bought a new stake in Kinder Morgan during the 4th quarter valued at $2,626,000. 62.52% of the stock is currently owned by institutional investors.

Kinder Morgan Stock Performance

Shares of NYSE KMI opened at $31.73 on Tuesday. Kinder Morgan, Inc. has a 1 year low of $25.60 and a 1 year high of $34.81. The firm has a market cap of $70.59 billion, a P/E ratio of 20.34, a PEG ratio of 2.69 and a beta of 0.54. The stock has a fifty day moving average price of $32.21 and a two-hundred day moving average price of $31.90. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.41 and a current ratio of 0.46.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings data on Wednesday, July 22nd. The pipeline company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. The company had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.22 billion. Kinder Morgan had a return on equity of 10.46% and a net margin of 19.31%.The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.28 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Research analysts forecast that Kinder Morgan, Inc. will post 1.52 EPS for the current fiscal year.

Kinder Morgan Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 3rd will be given a $0.2975 dividend. The ex-dividend date is Monday, August 3rd. This represents a $1.19 annualized dividend and a yield of 3.8%. Kinder Morgan’s payout ratio is 76.28%.

Wall Street Analysts Forecast Growth

KMI has been the subject of a number of analyst reports. Citigroup boosted their price target on Kinder Morgan from $28.00 to $33.00 and gave the stock a “neutral” rating in a research report on Monday, March 30th. Wolfe Research lowered Kinder Morgan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Kinder Morgan in a report on Wednesday, June 10th. Weiss Ratings lowered shares of Kinder Morgan from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Tuesday, June 23rd. Finally, Zacks Research cut shares of Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Eight research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Kinder Morgan presently has an average rating of “Hold” and a consensus price target of $35.33.

Insider Transactions at Kinder Morgan

In related news, VP Michael P. Garthwaite sold 1,550 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $31.44, for a total value of $48,732.00. Following the sale, the vice president directly owned 41,743 shares in the company, valued at $1,312,399.92. The trade was a 3.58% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $31.90, for a total transaction of $196,695.40. Following the sale, the vice president directly owned 164,208 shares of the company’s stock, valued at approximately $5,238,235.20. This represents a 3.62% 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 sold a total of 21,598 shares of company stock valued at $693,689 over the last three months. 12.72% of the stock is owned by corporate insiders.

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.