18,640 Kinder Morgan, Inc. $KMI Shares Purchased by Compass Wealth Management LLC

Compass Wealth Management LLC grew its position in shares of Kinder Morgan, Inc. (NYSE:KMI) by 15.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 138,974 shares of the pipeline company’s stock after acquiring an additional 18,640 shares during the quarter. Compass Wealth Management LLC’s holdings in Kinder Morgan were worth $4,190,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Ontario Teachers Pension Plan Board acquired a new position in shares of Kinder Morgan in the 2nd quarter valued at about $239,397,000. State Street Corp grew its holdings in shares of Kinder Morgan by 4.3% during the 2nd quarter. State Street Corp now owns 130,863,419 shares of the pipeline company’s stock worth $4,183,704,000 after purchasing an additional 5,361,578 shares during the period. Assenagon Asset Management S.A. increased its position in Kinder Morgan by 220.9% during the 2nd quarter. Assenagon Asset Management S.A. now owns 3,915,696 shares of the pipeline company’s stock worth $125,185,000 after purchasing an additional 2,695,654 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund increased its position in Kinder Morgan by 253.0% during the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 2,994,968 shares of the pipeline company’s stock worth $100,421,000 after purchasing an additional 2,146,573 shares in the last quarter. Finally, BlackRock Inc. increased its position in Kinder Morgan by 1.1% during the 2nd quarter. BlackRock Inc. now owns 175,834,246 shares of the pipeline company’s stock worth $5,621,421,000 after purchasing an additional 1,875,143 shares in the last quarter. 62.52% of the stock is currently owned by hedge funds and other institutional investors.

More Kinder Morgan News

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

• Positive Sentiment: Q3 earnings beat expectations: Kinder Morgan reported adjusted EPS of $0.35 versus the $0.33 consensus estimate, while revenue rose 9.3% year over year to $4.53 billion, above the $4.37 billion forecast. Strength in natural-gas volumes and record EBITDA supported the results. KMI Q3 Earnings Beat Estimates on Natural Gas Pipeline Strength
• Positive Sentiment: Record backlog improves the growth outlook: The company added $5.4 billion to its expansion backlog, bringing the total to a record $14.4 billion. Rising demand from data centers, power generation and LNG exports is driving new natural-gas infrastructure opportunities. Kinder Morgan also reached final investment decisions on two projects requiring approximately $4.7 billion of investment. Kinder Morgan to invest $4.7 billion in two gas pipeline projects as demand surges
• Positive Sentiment: Analyst sentiment improved: Freedom Broker upgraded KMI from “hold” to “buy” and raised its price target to $39 from $34. Mizuho also increased its target to $39 and maintained an “outperform” rating, while other analysts reportedly lifted targets into the $37-$40 range. Kinder Morgan Analysts Boost Their Forecasts Following Upbeat Q3 Earnings
• Positive Sentiment: Dividend supports income appeal: Kinder Morgan declared a quarterly dividend of $0.2975 per share, or $1.19 annualized, representing a yield of approximately 3.6% based on the supplied stock price.
• Neutral Sentiment: Mixed guidance signal: Although the company affirmed its full-year outlook, its expected 2026 adjusted EPS of $1.36 is below the FactSet estimate of $1.54, creating a valuation and execution concern despite the stronger backlog.
• Neutral Sentiment: Insider transaction: A vice president sold $52,157.50 of stock under a pre-arranged Rule 10b5-1 plan. The relatively small, scheduled sale is unlikely to materially change the investment case.

Wall Street Analyst Weigh In

Several research firms recently commented on KMI. Weiss Ratings lowered shares of Kinder Morgan from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Wells Fargo & Company boosted their price objective on shares of Kinder Morgan from $36.00 to $39.00 and gave the stock an “overweight” rating in a research note on Thursday. Stifel Nicolaus assumed coverage on shares of Kinder Morgan in a research report on Wednesday, September 9th. They issued a “hold” rating and a $35.00 price objective for the company. BMO Capital Markets increased their price objective on shares of Kinder Morgan from $36.00 to $37.00 and gave the stock an “outperform” rating in a research report on Thursday. Finally, Citigroup reissued 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. Twelve research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $36.55.

Insider Transactions at Kinder Morgan

In other news, VP Michael Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction that occurred on 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 owned 47,313 shares in the company, valued at $1,592,082.45. This trade represents a 3.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, 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 owned by company insiders.

Kinder Morgan Price Performance

KMI stock opened at $33.68 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.36 and a current ratio of 0.46. 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 $74.99 billion, a P/E ratio of 21.59, a price-to-earnings-growth ratio of 2.39 and a beta of 0.59. The stock has a 50-day simple moving average of $31.85 and a 200-day simple moving average of $32.04.

Kinder Morgan (NYSE:KMI) last announced its earnings results on Wednesday, October 21st. The pipeline company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.33 by $0.02. The business had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.37 billion. Kinder Morgan had a return on equity of 10.85% and a net margin of 19.64%. The company’s revenue was up 9.3% on a year-over-year basis. During the same period last year, the business posted $0.29 EPS. On average, equities analysts predict that Kinder Morgan, Inc. will post 1.56 earnings per share for the current fiscal year.

Kinder Morgan Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Monday, November 2nd will be given a $0.2975 dividend. The ex-dividend date of this dividend is Monday, November 2nd. This represents a $1.19 annualized dividend and a yield of 3.5%. Kinder Morgan’s dividend payout ratio (DPR) is 76.28%.

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.