Czech National Bank Grows Stock Position in Kinder Morgan, Inc. $KMI

Czech National Bank boosted its stake in shares of Kinder Morgan, Inc. (NYSE:KMI) by 4.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 557,278 shares of the pipeline company’s stock after acquiring an additional 24,083 shares during the quarter. Czech National Bank’s holdings in Kinder Morgan were worth $17,816,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Frazier Financial Advisors LLC acquired a new stake in Kinder Morgan in the first quarter valued at approximately $28,000. Commonwealth Retirement Investments LLC acquired a new position in Kinder Morgan during the fourth quarter worth $27,000. First Pacific Financial lifted its holdings in Kinder Morgan by 9,900.0% during the first quarter. First Pacific Financial now owns 1,000 shares of the pipeline company’s stock valued at $34,000 after purchasing an additional 990 shares in the last quarter. Robinswood Financial LLC acquired a new stake in shares of Kinder Morgan in the first quarter valued at about $34,000. Finally, Acumen Wealth Advisors LLC purchased a new stake in shares of Kinder Morgan during the fourth quarter worth about $28,000. 62.52% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other Kinder Morgan news, VP John W. Schlosser sold 6,166 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $31.83, for a total transaction of $196,263.78. Following the completion of the sale, the vice president directly owned 170,374 shares of the company’s stock, valued at $5,423,004.42. This represents a 3.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 that occurred on Tuesday, June 16th. The shares were sold at an average price of $31.44, for a total value of $48,732.00. Following the completion of the transaction, the vice president directly 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 15,432 shares of company stock worth $493,849 in the last 90 days. 12.72% of the stock is currently owned by insiders.

Kinder Morgan Stock Performance

Shares of Kinder Morgan stock opened at $30.84 on Friday. The firm’s 50 day moving average is $31.94 and its two-hundred day moving average is $32.13. Kinder Morgan, Inc. has a 52 week low of $25.60 and a 52 week high of $34.81. The company has a quick ratio of 0.36, a current ratio of 0.46 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $68.68 billion, a P/E ratio of 19.77, a P/E/G ratio of 2.53 and a beta of 0.54.

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

Kinder Morgan Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 3rd will be issued 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 3.9%. Kinder Morgan’s dividend payout ratio (DPR) is currently 76.28%.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Zacks Research lowered Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. UBS Group reiterated a “buy” rating and set a $43.00 price objective on shares of Kinder Morgan in a research report on Monday, June 15th. Citigroup reaffirmed a “neutral” rating on shares of Kinder Morgan in a research report on Wednesday, July 29th. Wells Fargo & Company lifted their price target on shares of Kinder Morgan from $35.00 to $36.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Kinder Morgan in a research note on Thursday, July 23rd. Eight analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, Kinder Morgan presently has a consensus rating of “Hold” and a consensus target price 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.