Kinder Morgan, Inc. $KMI Shares Acquired by Energy Income Partners LLC

Energy Income Partners LLC lifted its stake in shares of Kinder Morgan, Inc. (NYSE:KMI) by 1.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,534,321 shares of the pipeline company’s stock after purchasing an additional 99,145 shares during the quarter. Kinder Morgan comprises about 3.8% of Energy Income Partners LLC’s investment portfolio, making the stock its 4th largest position. Energy Income Partners LLC owned approximately 0.34% of Kinder Morgan worth $240,872,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Klingman & Associates LLC increased its position in shares of Kinder Morgan by 3.9% in the first quarter. Klingman & Associates LLC now owns 8,498 shares of the pipeline company’s stock valued at $285,000 after buying an additional 319 shares in the last quarter. TD Capital Management LLC raised its position in shares of Kinder Morgan by 36.0% during the 4th quarter. TD Capital Management LLC now owns 1,220 shares of the pipeline company’s stock worth $34,000 after purchasing an additional 323 shares during the last quarter. Loomis Sayles & Co. L P lifted its stake in Kinder Morgan by 13.0% in the 4th quarter. Loomis Sayles & Co. L P now owns 2,860 shares of the pipeline company’s stock valued at $79,000 after buying an additional 329 shares in the last quarter. Abel Hall LLC lifted its stake in Kinder Morgan by 4.0% in the 1st quarter. Abel Hall LLC now owns 8,588 shares of the pipeline company’s stock valued at $288,000 after buying an additional 330 shares in the last quarter. Finally, Parkside Financial Bank & Trust increased its position in Kinder Morgan by 4.1% during the fourth quarter. Parkside Financial Bank & Trust now owns 8,445 shares of the pipeline company’s stock worth $232,000 after buying an additional 333 shares in the last quarter. 62.52% of the stock is owned by hedge funds and other institutional investors.

Kinder Morgan Price Performance

Shares of NYSE:KMI opened at $32.90 on Wednesday. The company has a market cap of $73.27 billion, a P/E ratio of 21.09, a P/E/G ratio of 2.57 and a beta of 0.54. The business has a fifty day simple moving average of $32.04 and a 200-day simple moving average of $32.30. Kinder Morgan, Inc. has a 52 week low of $25.60 and a 52 week high of $34.81. The company has a quick ratio of 0.36, a current ratio of 0.46 and a debt-to-equity ratio of 0.91.

Kinder Morgan (NYSE:KMI) last released its earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.06. The firm 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 firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.28 earnings per share. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Equities research analysts forecast that Kinder Morgan, Inc. will post 1.55 EPS for the current year.

Kinder Morgan Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.2975 per share. This represents a $1.19 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, August 3rd. Kinder Morgan’s dividend payout ratio is presently 76.28%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Weiss Ratings downgraded Kinder Morgan from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Tuesday, June 23rd. Zacks Research cut Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. UBS Group reissued a “buy” rating and issued a $43.00 target price on shares of Kinder Morgan in a research note on Monday, June 15th. Morgan Stanley set a $38.00 target price on shares of Kinder Morgan in a report on Wednesday, July 29th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Kinder Morgan in a research note on Thursday, July 23rd. Eight analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $35.50.

Insider Activity at Kinder Morgan

In other Kinder Morgan news, 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 transaction, the vice president owned 164,208 shares of the company’s stock, valued at $5,238,235.20. This trade represents a 3.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael P. Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $31.44, for a total transaction of $48,732.00. Following the completion of the transaction, the vice president owned 41,743 shares in the company, valued at approximately $1,312,399.92. This trade represents a 3.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 13,882 shares of company stock worth $441,691 over the last three months. Corporate insiders own 12.72% of the company’s stock.

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.