Kinder Morgan (NYSE:KMI) Price Target Raised to $36.00

Kinder Morgan (NYSE:KMI) had its target price hoisted by Morgan Stanley from $34.00 to $36.00 in a report released on Tuesday,Benzinga reports. The firm currently has an equal weight rating on the pipeline company’s stock.

KMI has been the topic of a number of other reports. Stifel Nicolaus upped their target price on shares of Kinder Morgan from $29.00 to $30.00 and gave the stock a “hold” rating in a research note on Tuesday, November 11th. Royal Bank Of Canada increased their price target on shares of Kinder Morgan from $30.00 to $32.00 and gave the stock a “sector perform” rating in a report on Friday, February 27th. Mizuho lowered their price target on shares of Kinder Morgan from $32.00 to $31.00 and set an “outperform” rating on the stock in a research note on Friday, November 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Kinder Morgan in a report on Thursday, January 22nd. Finally, Barclays restated an “overweight” rating on shares of Kinder Morgan in a research report on Friday, February 20th. Eight research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $33.08.

Kinder Morgan Stock Performance

Shares of KMI stock opened at $33.42 on Tuesday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.50 and a current ratio of 0.64. The firm’s 50 day moving average price is $30.03 and its 200-day moving average price is $28.08. Kinder Morgan has a one year low of $23.94 and a one year high of $34.24. The firm has a market cap of $74.35 billion, a P/E ratio of 24.39, a P/E/G ratio of 2.74 and a beta of 0.68.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings data on Wednesday, January 21st. The pipeline company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. Kinder Morgan had a return on equity of 9.02% and a net margin of 18.04%.The business had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.33 billion. During the same period in the previous year, the firm posted $0.30 earnings per share. The company’s revenue was up 13.1% on a year-over-year basis. As a group, equities research analysts predict that Kinder Morgan will post 1.25 EPS for the current year.

Kinder Morgan Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 2nd were paid a $0.2925 dividend. This represents a $1.17 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Monday, February 2nd. Kinder Morgan’s payout ratio is currently 85.40%.

Insider Buying and Selling at Kinder Morgan

In other news, VP Anthony B. Ashley sold 8,000 shares of the stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $31.95, for a total value of $255,600.00. Following the completion of the sale, the vice president owned 100,146 shares of the company’s stock, valued at $3,199,664.70. This represents a 7.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP John W. Schlosser sold 6,166 shares of the firm’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $33.67, for a total value of $207,609.22. Following the completion of the transaction, the vice president directly owned 188,872 shares in the company, valued at $6,359,320.24. This trade represents a 3.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 46,498 shares of company stock valued at $1,418,248 in the last ninety days. Corporate insiders own 12.73% of the company’s stock.

Institutional Trading of Kinder Morgan

Hedge funds have recently made changes to their positions in the stock. Norges Bank acquired a new position in Kinder Morgan in the fourth quarter worth about $1,132,125,000. AQR Capital Management LLC boosted its holdings in Kinder Morgan by 431.9% in the third quarter. AQR Capital Management LLC now owns 6,569,082 shares of the pipeline company’s stock worth $185,971,000 after purchasing an additional 5,333,986 shares during the period. Merewether Investment Management LP bought a new stake in Kinder Morgan during the second quarter valued at $138,477,000. Zimmer Partners LP lifted its holdings in Kinder Morgan by 177.8% in the third quarter. Zimmer Partners LP now owns 6,070,100 shares of the pipeline company’s stock worth $171,845,000 after acquiring an additional 3,885,000 shares during the last quarter. Finally, 59 North Capital Management LP boosted its stake in Kinder Morgan by 54.5% in the second quarter. 59 North Capital Management LP now owns 10,597,380 shares of the pipeline company’s stock valued at $311,563,000 after acquiring an additional 3,739,398 shares during the period. Institutional investors and hedge funds own 62.52% of the company’s stock.

More Kinder Morgan News

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

• Positive Sentiment: KMI expanded its post‑FID natural gas project backlog to roughly US$10 billion, adding about US$900 million of new projects aimed at LNG exports and power demand from data centers — the company emphasizes fee‑based, contract‑backed economics that support long‑term cash flow visibility. Kinder Morgan’s US$10b Backlog Meets Fair Value And Cash Flow Questions
• Positive Sentiment: Recent quarterly results beat expectations (revenue ~$4.51B; EPS $0.39), which underpins the company’s cash generation argument and supports dividend/dividend‑yield narratives investors care about. How Investors May Respond To Kinder Morgan (KMI) Expanding Its US$10 Billion Natural Gas Project Backlog
• Positive Sentiment: Analysts have been lifting targets: Mizuho raised its KMI target to $37 with an outperform, and Morgan Stanley/Mid‑tier shops have nudged targets higher (examples noted in coverage), signaling greater upside in some research models. Benzinga note on Mizuho upgrade Morgan Stanley target boost
• Neutral Sentiment: Options and trading activity have surged, indicating elevated short‑term interest and positioning that can amplify intraday moves but is not a fundamental change. Options volume surge
• Neutral Sentiment: The larger backlog also prompted questions about fair value and timing of cash flows for some investors — growth is meaningful but lumpy and pre‑FID projects still carry execution/timing risk. Backlog valuation/cash flow questions
• Negative Sentiment: A MarketWatch note flagged that KMI underperformed peers on the day, reflecting relative weakness vs. the group despite the backlog and analyst target moves — that relative underperformance helps explain downward pressure. MarketWatch underperformance note

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.