Kinder Morgan, Inc. (KMI) – What Are Investment Firms Saying About This Stock?

Shares of Kinder Morgan, Inc. (NYSE:KMI) have been assigned a consensus rating of “Moderate Buy” from the twenty-two research firms that are covering the stock, Marketbeat Ratings reports. Eleven investment analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $35.47.

KMI has been the topic of a number of analyst reports. Morgan Stanley set a $33.00 target price on shares of Kinder Morgan in a research note on Thursday, September 17th. Melius Research started coverage on shares of Kinder Morgan in a research note on Tuesday, September 22nd. They set a “buy” rating and a $38.00 price target for the company. Weiss Ratings downgraded Kinder Morgan from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, October 8th. JPMorgan Chase & Co. lifted their price objective on Kinder Morgan from $34.00 to $36.00 and gave the company a “neutral” rating in a report on Friday, September 4th. Finally, Wells Fargo & Company upped their price objective on Kinder Morgan from $35.00 to $36.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd.

Kinder Morgan Price Performance

NYSE:KMI opened at $33.30 on Friday. The stock has a market cap of $74.16 billion, a P/E ratio of 21.35, a PEG ratio of 2.36 and a beta of 0.59. Kinder Morgan has a one year low of $25.60 and a one year high of $34.81. The company has a fifty day moving average price of $31.59 and a 200 day moving average price of $32.02. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.46 and a quick ratio of 0.36.

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 analysts’ consensus estimates of $0.31 by $0.06. The business had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.22 billion. Kinder Morgan had a return on equity of 10.46% and a net margin of 19.31%. Kinder Morgan’s quarterly revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.28 earnings per share. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Analysts anticipate that Kinder Morgan will post 1.55 earnings per share for the current year.

Kinder Morgan Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 3rd were paid a $0.2975 dividend. This represents a $1.19 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, August 3rd. Kinder Morgan’s payout ratio is currently 76.28%.

Insider Activity

In other Kinder Morgan news, VP Michael Garthwaite sold 1,550 shares of the business’s stock in a transaction dated Wednesday, September 16th. The shares were sold at an average price of $30.80, for a total value of $47,740.00. Following the transaction, the vice president directly owned 48,863 shares in the company, valued at $1,504,980.40. The trade was a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 12.72% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. BlackRock Inc. lifted its holdings in Kinder Morgan by 1.1% in the second quarter. BlackRock Inc. now owns 175,834,246 shares of the pipeline company’s stock valued at $5,621,421,000 after buying an additional 1,875,143 shares during the period. State Street Corp boosted its stake in Kinder Morgan by 4.3% in the second quarter. State Street Corp now owns 130,863,419 shares of the pipeline company’s stock valued at $4,183,704,000 after acquiring an additional 5,361,578 shares during the last quarter. Bank of America Corp DE boosted its stake in Kinder Morgan by 1.4% in the first quarter. Bank of America Corp DE now owns 62,018,394 shares of the pipeline company’s stock valued at $2,079,477,000 after acquiring an additional 836,571 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Kinder Morgan by 2.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 17,237,384 shares of the pipeline company’s stock worth $577,998,000 after acquiring an additional 448,130 shares during the period. Finally, Amundi grew its holdings in Kinder Morgan by 5.8% during the 1st quarter. Amundi now owns 15,130,700 shares of the pipeline company’s stock worth $507,332,000 after acquiring an additional 831,125 shares during the period. Institutional investors own 62.52% of the company’s stock.

About Kinder Morgan

Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and storage facilities. Its assets primarily transport and store natural gas, crude oil, refined petroleum products, and carbon dioxide, supporting energy producers, utilities, refiners, industrial companies, and other customers.

The company’s natural gas business includes interstate and intrastate pipelines, gathering and processing systems, and underground storage facilities.