153,721 Shares in Kinder Morgan, Inc. $KMI Acquired by Genesis Financial Group LLC

Genesis Financial Group LLC acquired a new stake in shares of Kinder Morgan, Inc. (NYSE:KMI) in the first quarter, HoldingsChannel reports. The firm acquired 153,721 shares of the pipeline company’s stock, valued at approximately $5,154,000. Kinder Morgan comprises 3.3% of Genesis Financial Group LLC’s portfolio, making the stock its 10th biggest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Benjamin Edwards Inc. boosted its holdings in shares of Kinder Morgan by 14.4% in the fourth quarter. Benjamin Edwards Inc. now owns 467,434 shares of the pipeline company’s stock valued at $12,849,000 after purchasing an additional 59,013 shares during the period. Partners Group Holding AG raised its position in Kinder Morgan by 45.0% during the 4th quarter. Partners Group Holding AG now owns 291,741 shares of the pipeline company’s stock valued at $8,020,000 after purchasing an additional 90,593 shares in the last quarter. Generali Asset Management SPA SGR lifted its holdings in shares of Kinder Morgan by 47.4% in the 4th quarter. Generali Asset Management SPA SGR now owns 156,764 shares of the pipeline company’s stock worth $4,309,000 after buying an additional 50,403 shares during the period. GSA Capital Partners LLP grew its position in shares of Kinder Morgan by 152.2% during the 4th quarter. GSA Capital Partners LLP now owns 54,683 shares of the pipeline company’s stock worth $1,503,000 after buying an additional 32,998 shares in the last quarter. Finally, Asset Advisors Investment Management LLC bought a new stake in shares of Kinder Morgan in the fourth quarter valued at about $2,626,000. Hedge funds and other institutional investors own 62.52% of the company’s stock.

Insiders Place Their Bets

In other news, VP Michael P. Garthwaite sold 1,550 shares of the stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $31.44, for a total transaction of $48,732.00. Following the completion of the sale, the vice president owned 41,743 shares in the company, valued at approximately $1,312,399.92. This represents a 3.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible 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 the firm’s stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $32.41, for a total value of $199,840.06. Following the completion of the sale, the vice president directly owned 176,540 shares of the company’s stock, valued at $5,721,661.40. The trade was a 3.37% decrease in their position. 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 ninety days, insiders have sold 21,598 shares of company stock worth $693,689. Insiders own 12.72% of the company’s stock.

Kinder Morgan Stock Up 0.9%

NYSE:KMI opened at $31.88 on Thursday. The company’s 50-day simple moving average is $32.13 and its 200-day simple moving average is $31.96. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.41 and a current ratio of 0.46. Kinder Morgan, Inc. has a fifty-two week low of $25.60 and a fifty-two week high of $34.81. The stock has a market capitalization of $70.99 billion, a P/E ratio of 20.44, a P/E/G ratio of 2.55 and a beta of 0.54.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings data on Wednesday, July 22nd. The pipeline company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.31 by $0.06. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The firm had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.22 billion. During the same quarter in the previous year, the business posted $0.28 EPS. Kinder Morgan’s revenue was up 10.8% on a year-over-year basis. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. On average, equities analysts anticipate that Kinder Morgan, Inc. will post 1.54 earnings per share for the current fiscal year.

Kinder Morgan Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be given a dividend of $0.2975 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $1.19 dividend on an annualized basis and a dividend yield of 3.7%. Kinder Morgan’s dividend payout ratio is presently 76.28%.

Wall Street Analysts Forecast Growth

KMI has been the topic of several recent research reports. Jefferies Financial Group reiterated a “hold” rating on shares of Kinder Morgan in a report on Thursday, July 23rd. UBS Group reissued a “buy” rating and set a $43.00 price objective on shares of Kinder Morgan in a report on Monday, June 15th. Weiss Ratings lowered Kinder Morgan from a “buy (a-)” rating to a “buy (b+)” rating in a report on Tuesday, June 23rd. Citigroup reaffirmed a “neutral” rating on shares of Kinder Morgan in a research report on Wednesday. Finally, Zacks Research downgraded Kinder Morgan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Eight equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $35.50.

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.