Focus Partners Advisor Solutions LLC raised its holdings in Kinder Morgan, Inc. (NYSE:KMI – Free Report) by 122.6% during the third quarter, Holdings Channel.com reports. The firm owned 52,919 shares of the pipeline company’s stock after purchasing an additional 29,145 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Kinder Morgan were worth $1,461,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors have also modified their holdings of the business. Golden State Equity Partners grew its holdings in Kinder Morgan by 2.2% during the third quarter. Golden State Equity Partners now owns 17,131 shares of the pipeline company’s stock worth $485,000 after acquiring an additional 368 shares during the period. Fiduciary Financial Group LLC grew its stake in shares of Kinder Morgan by 2.6% during the 3rd quarter. Fiduciary Financial Group LLC now owns 15,439 shares of the pipeline company’s stock worth $437,000 after purchasing an additional 392 shares during the period. MBM Wealth Consultants LLC increased its holdings in shares of Kinder Morgan by 2.8% in the 2nd quarter. MBM Wealth Consultants LLC now owns 14,462 shares of the pipeline company’s stock valued at $425,000 after purchasing an additional 393 shares in the last quarter. L2 Asset Management LLC lifted its stake in shares of Kinder Morgan by 4.8% in the second quarter. L2 Asset Management LLC now owns 8,689 shares of the pipeline company’s stock valued at $255,000 after purchasing an additional 401 shares during the period. Finally, Tradewinds Capital Management LLC boosted its holdings in Kinder Morgan by 11.1% during the third quarter. Tradewinds Capital Management LLC now owns 4,013 shares of the pipeline company’s stock worth $114,000 after buying an additional 401 shares in the last quarter. 62.52% of the stock is owned by hedge funds and other institutional investors.
Key Kinder Morgan News
Here are the key news stories impacting Kinder Morgan this week:
- Positive Sentiment: KMI expanded its post‑FID natural gas project backlog to roughly US$10 billion, adding about US$900 million of new projects aimed at LNG exports and power demand from data centers — the company emphasizes fee‑based, contract‑backed economics that support long‑term cash flow visibility. Kinder Morgan’s US$10b Backlog Meets Fair Value And Cash Flow Questions
- Positive Sentiment: Recent quarterly results beat expectations (revenue ~$4.51B; EPS $0.39), which underpins the company’s cash generation argument and supports dividend/dividend‑yield narratives investors care about. How Investors May Respond To Kinder Morgan (KMI) Expanding Its US$10 Billion Natural Gas Project Backlog
- Positive Sentiment: Analysts have been lifting targets: Mizuho raised its KMI target to $37 with an outperform, and Morgan Stanley/Mid‑tier shops have nudged targets higher (examples noted in coverage), signaling greater upside in some research models. Benzinga note on Mizuho upgrade Morgan Stanley target boost
- Neutral Sentiment: Options and trading activity have surged, indicating elevated short‑term interest and positioning that can amplify intraday moves but is not a fundamental change. Options volume surge
- Neutral Sentiment: The larger backlog also prompted questions about fair value and timing of cash flows for some investors — growth is meaningful but lumpy and pre‑FID projects still carry execution/timing risk. Backlog valuation/cash flow questions
- Negative Sentiment: A MarketWatch note flagged that KMI underperformed peers on the day, reflecting relative weakness vs. the group despite the backlog and analyst target moves — that relative underperformance helps explain downward pressure. MarketWatch underperformance note
Kinder Morgan Trading Down 1.5%
Kinder Morgan (NYSE:KMI – Get Free Report) last released its quarterly earnings results on Wednesday, January 21st. The pipeline company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.02. The company had revenue of $4.51 billion for the quarter, compared to analysts’ expectations of $4.33 billion. Kinder Morgan had a net margin of 18.04% and a return on equity of 9.02%. The firm’s revenue for the quarter was up 13.1% compared to the same quarter last year. During the same period last year, the company earned $0.30 EPS. Equities research analysts predict that Kinder Morgan, Inc. will post 1.25 earnings per share for the current fiscal year.
Kinder Morgan Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 2nd were issued a $0.2925 dividend. The ex-dividend date was Monday, February 2nd. This represents a $1.17 annualized dividend and a yield of 3.5%. Kinder Morgan’s payout ratio is 85.40%.
Insiders Place Their Bets
In related news, VP John W. Schlosser sold 6,166 shares of the company’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $33.67, for a total value of $207,609.22. Following the completion of the transaction, the vice president directly owned 188,872 shares in the company, valued at approximately $6,359,320.24. This represents a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO David Patrick Michels sold 20,000 shares of the firm’s stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $30.00, for a total value of $600,000.00. Following the completion of the sale, the chief financial officer directly owned 139,428 shares in the company, valued at approximately $4,182,840. The trade was a 12.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 46,498 shares of company stock worth $1,418,248. 12.73% of the stock is owned by company insiders.
Analyst Ratings Changes
A number of research analysts have issued reports on the stock. Mizuho increased their target price on shares of Kinder Morgan from $31.00 to $37.00 and gave the company an “outperform” rating in a report on Thursday. Barclays reaffirmed an “overweight” rating on shares of Kinder Morgan in a report on Friday, February 20th. Morgan Stanley upped their target price on Kinder Morgan from $34.00 to $36.00 and gave the company an “equal weight” rating in a report on Tuesday. Scotiabank lifted their price target on Kinder Morgan from $29.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Friday, January 23rd. Finally, Stifel Nicolaus increased their price objective on shares of Kinder Morgan from $29.00 to $30.00 and gave the company a “hold” rating in a research note on Tuesday, November 11th. Eight analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $33.08.
Read Our Latest Research Report on Kinder Morgan
About Kinder Morgan
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.
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