Kinder Morgan (NYSE:KMI) Price Target Raised to $39.00

Kinder Morgan (NYSE:KMI) had its price target upped by investment analysts at Mizuho from $37.00 to $39.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has an “outperform” rating on the pipeline company’s stock. Mizuho’s target price would indicate a potential upside of 14.80% from the company’s current price.

KMI has been the subject of several other research reports. Argus raised their target price on shares of Kinder Morgan from $36.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. Weiss Ratings lowered Kinder Morgan from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Stifel Nicolaus started coverage on Kinder Morgan in a research note on Wednesday, September 9th. They set a “hold” rating and a $35.00 price objective for the company. Royal Bank Of Canada boosted their price objective on Kinder Morgan from $35.00 to $36.00 and gave the company a “sector perform” rating in a report on Tuesday, September 22nd. Finally, Citigroup restated a “neutral” rating and issued a $34.00 target price (up from $33.00) on shares of Kinder Morgan in a research note on Wednesday, July 29th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Kinder Morgan has an average rating of “Moderate Buy” and an average target price of $35.58.

Kinder Morgan Trading Up 1.2%

Shares of NYSE:KMI opened at $33.97 on Thursday. Kinder Morgan has a 52-week low of $25.60 and a 52-week high of $34.81. The stock has a market cap of $75.65 billion, a price-to-earnings ratio of 21.94, a PEG ratio of 2.36 and a beta of 0.59. The company has a quick ratio of 0.36, a current ratio of 0.46 and a debt-to-equity ratio of 0.91. The business has a 50-day moving average price of $31.82 and a 200-day moving average price of $32.03.

Kinder Morgan (NYSE:KMI) last issued its earnings results on Wednesday, October 21st. The pipeline company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. Kinder Morgan had a return on equity of 10.46% and a net margin of 19.31%. The firm had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.37 billion. During the same quarter in the prior year, the firm earned $0.29 earnings per share. Kinder Morgan’s revenue for the quarter was up 9.3% on a year-over-year basis. Equities analysts predict that Kinder Morgan will post 1.56 EPS for the current year.

Insider Buying and Selling at Kinder Morgan

In other news, VP Michael Garthwaite sold 1,550 shares of the stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $33.65, for a total transaction of $52,157.50. Following the sale, the vice president directly owned 47,313 shares of the company’s stock, valued at $1,592,082.45. This represents a 3.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 12.72% of the company’s stock.

Institutional Investors Weigh In On Kinder Morgan

Institutional investors have recently modified their holdings of the business. OP Asset Management Ltd purchased a new stake in Kinder Morgan in the 1st quarter valued at about $6,412,000. USS Investment Management Ltd boosted its stake in Kinder Morgan by 10.3% in the first quarter. USS Investment Management Ltd now owns 421,306 shares of the pipeline company’s stock valued at $14,116,000 after acquiring an additional 39,418 shares in the last quarter. Oak Family Advisors LLC acquired a new position in Kinder Morgan in the second quarter valued at $3,627,000. International Assets Investment Management LLC purchased a new position in shares of Kinder Morgan during the first quarter worth about $3,406,000. Finally, iA Global Asset Management Inc. purchased a new position in shares of Kinder Morgan during the first quarter worth about $3,075,000. 62.52% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Kinder Morgan

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

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. Kinder Morgan reported adjusted earnings of $0.35 per share, ahead of the $0.33 consensus estimate and up from $0.29 a year earlier. Revenue increased 9.3% year over year to $4.53 billion, surpassing the $4.37 billion estimate, while net income reached $764 million. Kinder Morgan Q3 earnings report
• Positive Sentiment: Natural-gas growth prospects strengthened. Kinder Morgan added $5.4 billion to its expansion project backlog, reportedly bringing the total backlog to a record level as demand from data centers, power generation and LNG exports accelerates. The company also committed billions of dollars to new pipeline projects, including infrastructure intended to supply a data center. Kinder Morgan pipeline investment article
• Positive Sentiment: The dividend was maintained. KMI declared a quarterly dividend of $0.2975 per share, or $1.19 annualized, representing an indicated yield of approximately 3.5%. The dividend is payable November 16 to shareholders of record November 2. Kinder Morgan dividend announcement
• Neutral Sentiment: Management’s earnings outlook trails expectations. Kinder Morgan expects 2026 adjusted EPS of $1.36, below the FactSet estimate of $1.54, potentially limiting the immediate upside from the strong quarter. Kinder Morgan 2026 EPS outlook
• Negative Sentiment: An executive stock sale adds a minor overhang. Vice President Michael Garthwaite sold 1,550 shares for approximately $52,158 under a pre-arranged Rule 10b5-1 plan. Because the sale was relatively small and preplanned, it may have limited significance for investors. Kinder Morgan insider transaction filing

Kinder Morgan Company Profile

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.