Kinder Morgan, Inc. $KMI Stock Holdings Decreased by Deutsche Bank AG

Deutsche Bank AG lowered its stake in Kinder Morgan, Inc. (NYSE:KMI) by 1.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 14,785,631 shares of the pipeline company’s stock after selling 161,931 shares during the period. Deutsche Bank AG’s holdings in Kinder Morgan were worth $406,457,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of KMI. Board of the Pension Protection Fund bought a new stake in shares of Kinder Morgan in the 4th quarter worth about $27,000. Commonwealth Retirement Investments LLC bought a new stake in shares of Kinder Morgan in the 4th quarter worth about $27,000. Dorato Capital Management bought a new stake in shares of Kinder Morgan in the 4th quarter worth about $30,000. Basepoint Wealth LLC bought a new stake in shares of Kinder Morgan in the 4th quarter worth about $30,000. Finally, Strategic Advocates LLC bought a new stake in shares of Kinder Morgan in the 3rd quarter worth about $32,000. Institutional investors own 62.52% of the company’s stock.

Kinder Morgan Price Performance

Shares of NYSE:KMI opened at $31.87 on Thursday. The company has a quick ratio of 0.41, a current ratio of 0.52 and a debt-to-equity ratio of 0.92. Kinder Morgan, Inc. has a fifty-two week low of $25.60 and a fifty-two week high of $34.81. The firm has a 50-day simple moving average of $32.34 and a 200 day simple moving average of $30.71. The company has a market cap of $70.91 billion, a PE ratio of 21.39, a P/E/G ratio of 2.61 and a beta of 0.54.

Kinder Morgan (NYSE:KMI) last announced 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 net margin of 18.92% and a return on equity of 9.90%. The business had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.55 billion. During the same quarter in the prior year, the firm earned $0.34 EPS. The company’s revenue for the quarter 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, sell-side analysts anticipate that Kinder Morgan, Inc. will post 1.49 EPS for the current year.

Kinder Morgan Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 4th were paid a dividend of $0.2975 per share. This represents a $1.19 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Monday, May 4th. This is a positive change from Kinder Morgan’s previous quarterly dividend of $0.29. Kinder Morgan’s dividend payout ratio (DPR) is presently 79.87%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on KMI shares. Stifel Nicolaus boosted their target price on shares of Kinder Morgan from $30.00 to $33.00 and gave the stock a “hold” rating in a research report on Friday, March 13th. Wolfe Research downgraded shares of Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Weiss Ratings raised shares of Kinder Morgan from a “buy (b)” rating to a “buy (a-)” rating in a research report on Monday, May 4th. Scotiabank boosted their price objective on shares of Kinder Morgan from $31.00 to $32.00 and gave the company a “sector perform” rating in a research report on Thursday, March 26th. Finally, Morgan Stanley boosted 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 report on Tuesday, March 3rd. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $34.20.

Insider Transactions at Kinder Morgan

In other Kinder Morgan news, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $32.93, for a total transaction of $203,046.38. Following the completion of the transaction, 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 position. 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. Also, VP Michael P. Garthwaite sold 1,550 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $33.65, for a total transaction of $52,157.50. Following the transaction, the vice president directly owned 43,293 shares of the company’s stock, valued at $1,456,809.45. The trade was a 3.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 23,148 shares of company stock valued at $752,089 over the last three months. 12.72% of the stock is currently owned by company insiders.

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.