57,781 Shares in Kinder Morgan, Inc. $KMI Purchased by Qsemble Capital Management LP

Qsemble Capital Management LP bought a new position in Kinder Morgan, Inc. (NYSE:KMI) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 57,781 shares of the pipeline company’s stock, valued at approximately $1,847,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. grew its stake in Kinder Morgan by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 210,281,448 shares of the pipeline company’s stock valued at $5,780,637,000 after acquiring an additional 2,165,130 shares in the last quarter. State Street Corp boosted its holdings in Kinder Morgan by 2.2% in the 4th quarter. State Street Corp now owns 116,860,317 shares of the pipeline company’s stock valued at $3,212,490,000 after purchasing an additional 2,510,601 shares during the period. Bank of America Corp DE boosted its holdings in Kinder Morgan by 1.4% in the 1st quarter. Bank of America Corp DE now owns 62,018,394 shares of the pipeline company’s stock valued at $2,079,477,000 after purchasing an additional 836,571 shares during the period. Norges Bank purchased a new position in shares of Kinder Morgan during the 4th quarter valued at $1,132,125,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Kinder Morgan by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 30,104,829 shares of the pipeline company’s stock worth $827,582,000 after purchasing an additional 195,088 shares during the period. 62.52% of the stock is currently owned by institutional investors.

Kinder Morgan Price Performance

Shares of Kinder Morgan stock opened at $32.83 on Friday. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.46 and a quick ratio of 0.36. Kinder Morgan, Inc. has a one year low of $25.60 and a one year high of $34.81. The business’s 50 day simple moving average is $31.99 and its two-hundred day simple moving average is $32.24. The stock has a market capitalization of $73.09 billion, a P/E ratio of 21.04, a price-to-earnings-growth ratio of 2.64 and a beta of 0.54.

Kinder Morgan (NYSE:KMI) last announced its quarterly earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.06. The business had revenue of $4.48 billion during the quarter, compared to analysts’ expectations of $4.22 billion. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.28 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Analysts forecast that Kinder Morgan, Inc. will post 1.55 EPS for the current year.

Kinder Morgan Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 3rd will be paid a $0.2975 dividend. This represents a $1.19 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Monday, August 3rd. Kinder Morgan’s dividend payout ratio is presently 76.28%.

Insiders Place Their Bets

In other news, VP Michael P. Garthwaite sold 1,550 shares of the business’s 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 sale, the vice president owned 41,743 shares in the company, valued at approximately $1,312,399.92. The trade was a 3.58% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $31.83, for a total transaction of $196,263.78. Following the sale, the vice president directly owned 170,374 shares in the company, valued at $5,423,004.42. The trade was a 3.49% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 15,432 shares of company stock valued at $493,849. 12.72% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

KMI has been the topic of several recent analyst reports. Weiss Ratings cut Kinder Morgan from a “buy (a-)” rating to a “buy (b+)” rating in a report on Tuesday, June 23rd. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Kinder Morgan in a research note on Wednesday, June 10th. Citigroup reiterated a “neutral” rating on shares of Kinder Morgan in a research report on Wednesday, July 29th. Jefferies Financial Group reissued a “hold” rating on shares of Kinder Morgan in a research note on Thursday, July 23rd. Finally, Zacks Research lowered shares of Kinder Morgan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Eight research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $35.50.

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.