World Investment Advisors Purchases 17,429 Shares of Kinder Morgan, Inc. $KMI

World Investment Advisors increased its position in shares of Kinder Morgan, Inc. (NYSE:KMI) by 26.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 83,443 shares of the pipeline company’s stock after acquiring an additional 17,429 shares during the period. World Investment Advisors’ holdings in Kinder Morgan were worth $2,294,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of KMI. Northeast Investment Management purchased a new position in Kinder Morgan in the 4th quarter worth approximately $1,178,000. Valley Wealth Managers Inc. grew its stake in Kinder Morgan by 2.7% in the 4th quarter. Valley Wealth Managers Inc. now owns 164,273 shares of the pipeline company’s stock worth $4,516,000 after buying an additional 4,386 shares in the last quarter. Meridian Wealth Management LLC grew its stake in Kinder Morgan by 9.3% in the 4th quarter. Meridian Wealth Management LLC now owns 198,992 shares of the pipeline company’s stock worth $5,470,000 after buying an additional 16,971 shares in the last quarter. HighPoint Advisor Group LLC grew its stake in Kinder Morgan by 2.0% in the 4th quarter. HighPoint Advisor Group LLC now owns 76,272 shares of the pipeline company’s stock worth $2,097,000 after buying an additional 1,480 shares in the last quarter. Finally, KLCM Advisors Inc. grew its stake in Kinder Morgan by 18.7% in the 4th quarter. KLCM Advisors Inc. now owns 34,216 shares of the pipeline company’s stock worth $941,000 after buying an additional 5,380 shares in the last quarter. Institutional investors own 62.52% of the company’s stock.

Kinder Morgan Trading Up 0.7%

NYSE:KMI opened at $33.63 on Friday. The company has a fifty day moving average of $32.73 and a 200 day moving average of $29.95. Kinder Morgan, Inc. has a 52 week low of $25.60 and a 52 week high of $34.73. The company has a quick ratio of 0.41, a current ratio of 0.52 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $74.81 billion, a P/E ratio of 22.57, a P/E/G ratio of 2.86 and a beta of 0.56.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.10. Kinder Morgan had a net margin of 18.92% and a return on equity of 9.90%. The company had revenue of $4.83 billion during the quarter, compared to analyst estimates of $4.55 billion. During the same period in the prior year, the business posted $0.34 EPS. The firm’s revenue was up 13.8% compared to the same quarter last year. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. On average, research analysts predict that Kinder Morgan, Inc. will post 1.49 earnings per share for the current year.

Kinder Morgan Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Monday, May 4th were issued a dividend of $0.2975 per share. The ex-dividend date was Monday, May 4th. This represents a $1.19 dividend on an annualized basis and a yield of 3.5%. This is an increase from Kinder Morgan’s previous quarterly dividend of $0.29. Kinder Morgan’s dividend payout ratio (DPR) is currently 79.87%.

Insiders Place Their Bets

In other Kinder Morgan news, VP Anthony B. Ashley sold 8,000 shares of the company’s 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 transaction, the vice president directly owned 100,146 shares in the company, valued at approximately $3,199,664.70. This represents a 7.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP John W. Schlosser sold 6,166 shares of the company’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $33.67, for a total transaction of $207,609.22. Following the completion of the transaction, the vice president owned 188,872 shares of the company’s stock, 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. In the last ninety days, insiders sold 29,598 shares of company stock worth $966,877. 12.72% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

KMI has been the subject of a number of research reports. Wells Fargo & Company upped their price objective on shares of Kinder Morgan from $34.00 to $35.00 and gave the company an “overweight” rating in a research note on Friday, March 13th. Truist Financial initiated coverage on shares of Kinder Morgan in a research note on Tuesday, March 24th. They issued a “hold” rating and a $38.00 price objective for the company. Morgan Stanley upped their price objective on shares of Kinder Morgan from $34.00 to $36.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 3rd. Citigroup upped their price objective on shares of Kinder Morgan from $28.00 to $33.00 and gave the company a “neutral” rating in a research note on Monday, March 30th. Finally, Wolfe Research cut shares of Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $34.20.

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.