Kinder Morgan, Inc. $KMI Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its position in shares of Kinder Morgan, Inc. (NYSE:KMI) by 10.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 252,702 shares of the pipeline company’s stock after selling 31,025 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Kinder Morgan were worth $7,619,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of the business. 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 acquiring an additional 1,875,143 shares during the period. State Street Corp grew its holdings in shares of Kinder Morgan by 4.3% in the 2nd quarter. State Street Corp now owns 130,863,419 shares of the pipeline company’s stock worth $4,183,704,000 after acquiring an additional 5,361,578 shares during the period. Bank of America Corp DE grew its holdings in shares of Kinder Morgan by 1.4% in the 1st quarter. Bank of America Corp DE now owns 62,018,394 shares of the pipeline company’s stock worth $2,079,477,000 after acquiring an additional 836,571 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of Kinder Morgan by 2.7% in 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 increased its stake in Kinder Morgan by 5.8% in the 1st quarter. Amundi now owns 15,130,700 shares of the pipeline company’s stock valued at $507,332,000 after purchasing an additional 831,125 shares in the last quarter. 62.52% of the stock is owned by institutional investors and hedge funds.

Kinder Morgan Stock Performance

Kinder Morgan stock opened at $33.68 on Friday. The firm has a market capitalization of $74.99 billion, a P/E ratio of 21.59, a PEG ratio of 2.39 and a beta of 0.59. The stock has a fifty day moving average price of $31.85 and a 200 day moving average price of $32.04. Kinder Morgan, Inc. has a 52 week low of $25.60 and a 52 week high of $34.81. The company has a current ratio of 0.46, a quick ratio of 0.36 and a debt-to-equity ratio of 0.91.

Kinder Morgan (NYSE:KMI) last released its earnings results on Wednesday, October 21st. The pipeline company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. Kinder Morgan had a net margin of 19.64% and a return on equity of 10.85%. The firm had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.37 billion. During the same period in the previous year, the firm earned $0.29 earnings per share. Kinder Morgan’s revenue was up 9.3% compared to the same quarter last year. Equities research analysts anticipate that Kinder Morgan, Inc. will post 1.56 earnings per share for the current year.

Kinder Morgan Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Monday, November 2nd will be given a dividend of $0.2975 per share. The ex-dividend date of this dividend is Monday, November 2nd. This represents a $1.19 annualized dividend and a yield of 3.5%. Kinder Morgan’s payout ratio is 76.28%.

Insider Activity at Kinder Morgan

In other Kinder Morgan news, VP Michael Garthwaite sold 1,550 shares of the business’s stock in a transaction on Friday, October 16th. The shares were sold at an average price of $33.65, for a total value of $52,157.50. Following the transaction, the vice president owned 47,313 shares in the company, valued at $1,592,082.45. The trade was a 3.17% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 12.72% of the company’s stock.

Key Headlines Impacting Kinder Morgan

Here are the key news stories impacting Kinder Morgan this week:

• Positive Sentiment: Q3 earnings beat expectations: Kinder Morgan reported adjusted EPS of $0.35 versus the $0.33 consensus estimate, while revenue rose 9.3% year over year to $4.53 billion, above the $4.37 billion forecast. Strength in natural-gas volumes and record EBITDA supported the results. KMI Q3 Earnings Beat Estimates on Natural Gas Pipeline Strength
• Positive Sentiment: Record backlog improves the growth outlook: The company added $5.4 billion to its expansion backlog, bringing the total to a record $14.4 billion. Rising demand from data centers, power generation and LNG exports is driving new natural-gas infrastructure opportunities. Kinder Morgan also reached final investment decisions on two projects requiring approximately $4.7 billion of investment. Kinder Morgan to invest $4.7 billion in two gas pipeline projects as demand surges
• Positive Sentiment: Analyst sentiment improved: Freedom Broker upgraded KMI from “hold” to “buy” and raised its price target to $39 from $34. Mizuho also increased its target to $39 and maintained an “outperform” rating, while other analysts reportedly lifted targets into the $37-$40 range. Kinder Morgan Analysts Boost Their Forecasts Following Upbeat Q3 Earnings
• Positive Sentiment: Dividend supports income appeal: Kinder Morgan declared a quarterly dividend of $0.2975 per share, or $1.19 annualized, representing a yield of approximately 3.6% based on the supplied stock price.
• Neutral Sentiment: Mixed guidance signal: Although the company affirmed its full-year outlook, its expected 2026 adjusted EPS of $1.36 is below the FactSet estimate of $1.54, creating a valuation and execution concern despite the stronger backlog.
• Neutral Sentiment: Insider transaction: A vice president sold $52,157.50 of stock under a pre-arranged Rule 10b5-1 plan. The relatively small, scheduled sale is unlikely to materially change the investment case.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on KMI. JPMorgan Chase & Co. raised their price target on Kinder Morgan from $34.00 to $36.00 and gave the company a “neutral” rating in a research report on Friday, September 4th. TD Cowen boosted their price objective on shares of Kinder Morgan from $38.00 to $40.00 and gave the stock a “buy” rating in a research report on Thursday. Stifel Nicolaus began coverage on shares of Kinder Morgan in a research note on Wednesday, September 9th. They issued a “hold” rating and a $35.00 price objective on the stock. BMO Capital Markets raised their target price on shares of Kinder Morgan from $36.00 to $37.00 and gave the company an “outperform” rating in a report on Thursday. Finally, Argus lifted their target price on shares of Kinder Morgan from $36.00 to $38.00 and gave the stock a “buy” rating in a research report on Tuesday, July 28th. Twelve analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $36.55.

Kinder Morgan Company Profile

Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and other transportation and storage facilities. Its systems primarily support the movement, processing, and storage of natural gas, crude oil, refined petroleum products, and other energy commodities.

The company’s natural gas business transports and stores natural gas for utilities, power generators, industrial customers, and other energy companies. Kinder Morgan also operates refined products and crude oil pipelines, liquids terminals, and carbon dioxide infrastructure.