Mosley Wealth Management Acquires New Holdings in Kinder Morgan, Inc. $KMI

Mosley Wealth Management acquired a new stake in shares of Kinder Morgan, Inc. (NYSE:KMI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 31,290 shares of the pipeline company’s stock, valued at approximately $881,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in KMI. Board of the Pension Protection Fund bought a new position in Kinder Morgan during the fourth quarter valued at approximately $27,000. Commonwealth Retirement Investments LLC bought a new position in Kinder Morgan during the fourth quarter valued at approximately $27,000. Dorato Capital Management bought a new position in Kinder Morgan during the fourth quarter valued at approximately $30,000. Basepoint Wealth LLC bought a new position in Kinder Morgan during the fourth quarter valued at approximately $30,000. Finally, Strategic Advocates LLC bought a new position in Kinder Morgan during the third quarter valued at approximately $32,000. Institutional investors own 62.52% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on KMI shares. Stifel Nicolaus raised their price objective on shares of Kinder Morgan from $30.00 to $33.00 and gave the company a “hold” rating in a research report on Friday, March 13th. Wells Fargo & Company raised their price objective on shares of Kinder Morgan from $34.00 to $35.00 and gave the company an “overweight” rating in a research report on Friday, March 13th. Truist Financial initiated coverage on shares of Kinder Morgan in a research report on Tuesday, March 24th. They set a “hold” rating and a $38.00 price objective on the stock. Citigroup increased their price target on Kinder Morgan from $28.00 to $33.00 and gave the company a “neutral” rating in a report on Monday, March 30th. Finally, The Goldman Sachs Group reiterated a “buy” rating on shares of Kinder Morgan in a report on Wednesday. Two research 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.20.

Kinder Morgan Trading Down 1.4%

Shares of KMI stock opened at $31.38 on Friday. Kinder Morgan, Inc. has a 12 month low of $25.60 and a 12 month high of $34.81. 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 business’s 50 day moving average is $32.30 and its two-hundred day moving average is $30.74. The company has a market cap of $69.81 billion, a PE ratio of 21.06, a price-to-earnings-growth ratio of 2.65 and a beta of 0.54.

Kinder Morgan (NYSE:KMI) last announced its quarterly earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.38 by $0.10. Kinder Morgan had a return on equity of 9.90% and a net margin of 18.92%.The company had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.55 billion. During the same quarter last year, the company posted $0.34 earnings per share. 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. Equities analysts predict that Kinder Morgan, Inc. will post 1.49 EPS for the current year.

Kinder Morgan Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were paid a $0.2975 dividend. The ex-dividend date was Monday, May 4th. This is a positive change from Kinder Morgan’s previous quarterly dividend of $0.29. This represents a $1.19 annualized dividend and a dividend yield of 3.8%. Kinder Morgan’s dividend payout ratio is 79.87%.

Insider Buying and Selling at Kinder Morgan

In other news, VP Michael P. Garthwaite sold 1,550 shares of the firm’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $33.65, for a total value of $52,157.50. Following the sale, the vice president owned 43,293 shares in the company, valued at approximately $1,456,809.45. This trade represents a 3.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing 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 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 owned 170,374 shares in the company, valued at approximately $5,423,004.42. The trade was a 3.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 23,148 shares of company stock worth $752,089. 12.72% of the stock is currently owned by corporate 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.