Kinder Morgan, Inc. $KMI Shares Sold by Jennison Associates LLC

Jennison Associates LLC reduced its stake in shares of Kinder Morgan, Inc. (NYSE:KMI) by 4.3% during the 4th quarter, HoldingsChannel reports. The firm owned 1,036,481 shares of the pipeline company’s stock after selling 46,577 shares during the quarter. Jennison Associates LLC’s holdings in Kinder Morgan were worth $28,493,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in KMI. Board of the Pension Protection Fund purchased a new position in Kinder Morgan during the fourth quarter worth approximately $27,000. Dorato Capital Management purchased a new position in Kinder Morgan during the fourth quarter worth approximately $30,000. Strategic Advocates LLC purchased a new position in Kinder Morgan during the third quarter worth approximately $32,000. Torren Management LLC purchased a new position in Kinder Morgan during the fourth quarter worth approximately $32,000. Finally, Lodestone Wealth Management LLC purchased a new position in Kinder Morgan during the fourth quarter worth approximately $33,000. 62.52% of the stock is currently owned by hedge funds and other institutional investors.

Kinder Morgan News Summary

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

• Positive Sentiment: Q1 results beat expectations and the company raised its dividend 2%; Kinder Morgan also reaffirmed its role in major projects (Western Gateway) and announced a COO transition that preserves operational continuity. These items support KMI’s income/dividend profile. Read More.
• Positive Sentiment: Analyst tone turned constructive: Zacks upgraded KMI to “strong-buy” and Wall Street consensus remains generally positive, which can attract yield-seeking flows. Read More.
• Neutral Sentiment: Macro/sector context is mixed—global tensions have tightened LNG flows and lifted international gas prices, but the U.S. currently faces a regional gas glut, weighing on domestic prices and potentially compressing some midstream margins. This divergence makes near‑term volume/pricing outcomes uncertain for pipeline owners. Read More.
• Neutral Sentiment: Valuation and comparative coverage articles highlight KMI as a stable, dividend-focused midstream play and debate whether recent gains already price in that stability; these debates can amplify trading volatility but are not new fundamentals. Read More.
• Negative Sentiment: A lawsuit was filed by a worker injured in a recent Kinder Morgan pipeline explosion, alleging safety failures. Litigation and potential remediation costs, plus reputational risk, are direct negatives for the stock. Read More.
• Negative Sentiment: US Capital Advisors trimmed Q2/Q3 EPS estimates slightly, signaling some sell‑side caution on near‑term earnings momentum; downgrades to near‑term forecasts can pressure the stock if followed by others. Read More.

Kinder Morgan Trading Down 0.9%

Shares of NYSE KMI opened at $32.57 on Friday. Kinder Morgan, Inc. has a twelve month low of $25.60 and a twelve month high of $34.73. The company has a current ratio of 0.52, a quick ratio of 0.50 and a debt-to-equity ratio of 0.92. The stock has a fifty day simple moving average of $32.88 and a 200-day simple moving average of $29.60. The stock has a market capitalization of $72.47 billion, a PE ratio of 21.86, a PEG ratio of 2.90 and a beta of 0.64.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings data on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.10. Kinder Morgan had a return on equity of 9.90% and a net margin of 18.92%.The business had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.55 billion. During the same period in the previous year, the firm posted $0.34 earnings per share. The company’s revenue was up 13.8% on a year-over-year basis. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. On average, equities analysts forecast that Kinder Morgan, Inc. will post 1.45 earnings per share for the current year.

Kinder Morgan Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Monday, May 4th will be paid a $0.2975 dividend. The ex-dividend date of this dividend is Monday, May 4th. This is a boost from Kinder Morgan’s previous quarterly dividend of $0.29. This represents a $1.19 dividend on an annualized basis and a dividend yield of 3.7%. Kinder Morgan’s payout ratio is presently 79.87%.

Analyst Upgrades and Downgrades

KMI has been the topic of a number of research analyst reports. Citigroup lifted their target price on Kinder Morgan from $28.00 to $33.00 and gave the company a “neutral” rating in a research report on Monday, March 30th. Scotiabank lifted their target price on Kinder Morgan from $31.00 to $32.00 and gave the company a “sector perform” rating in a research report on Thursday, March 26th. Stifel Nicolaus lifted their target price on Kinder Morgan from $30.00 to $33.00 and gave the company a “hold” rating in a research report on Friday, March 13th. Zacks Research upgraded Kinder Morgan from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Finally, Freedom Capital upgraded Kinder Morgan from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $34.20.

Insider Transactions at Kinder Morgan

In other news, VP Michael P. Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $31.72, for a total value of $49,166.00. Following the completion of the sale, the vice president directly owned 44,843 shares of the company’s stock, valued at approximately $1,422,419.96. The trade was a 3.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John W. Schlosser sold 6,166 shares of Kinder Morgan stock in a transaction on Monday, April 6th. The shares were sold at an average price of $32.93, for a total value of $203,046.38. Following the completion of the sale, the vice president directly owned 182,706 shares of the company’s stock, valued at $6,016,508.58. The trade was a 3.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 29,598 shares of company stock valued at $952,572. 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.