Truist Financial Begins Coverage on Kinder Morgan (NYSE:KMI)

Equities researchers at Truist Financial began coverage on shares of Kinder Morgan (NYSE:KMI) in a research report issued to clients and investors on Tuesday, Marketbeat reports. The brokerage set a “hold” rating and a $38.00 price target on the pipeline company’s stock. Truist Financial’s price objective indicates a potential upside of 11.85% from the stock’s previous close.

A number of other equities analysts have also recently issued reports on the company. Morgan Stanley upped their price objective on Kinder Morgan from $34.00 to $36.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 3rd. Scotiabank raised their price objective on Kinder Morgan from $30.00 to $31.00 and gave the company a “sector perform” rating in a report on Tuesday, March 17th. Jefferies Financial Group boosted their target price on Kinder Morgan from $29.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday, January 22nd. UBS Group reaffirmed a “buy” rating and issued a $38.00 target price on shares of Kinder Morgan in a research note on Friday, December 12th. Finally, Royal Bank Of Canada increased their price target on shares of Kinder Morgan from $30.00 to $32.00 and gave the company a “sector perform” rating in a research report on Friday, February 27th. Eight analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $34.14.

Kinder Morgan Stock Performance

Kinder Morgan stock opened at $33.98 on Tuesday. Kinder Morgan has a fifty-two week low of $23.94 and a fifty-two week high of $34.26. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.50 and a current ratio of 0.64. The stock has a market cap of $75.59 billion, a P/E ratio of 24.80, a price-to-earnings-growth ratio of 3.11 and a beta of 0.68. The firm’s fifty day moving average price is $31.71 and its 200-day moving average price is $28.74.

Kinder Morgan (NYSE:KMI) last announced its 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. Kinder Morgan had a net margin of 18.04% and a return on equity of 9.02%. The company had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.33 billion. During the same period in the previous year, the business earned $0.30 earnings per share. The firm’s quarterly revenue was up 13.1% compared to the same quarter last year. On average, equities research analysts expect that Kinder Morgan will post 1.25 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, VP Michael P. Garthwaite sold 1,550 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $33.30, for a total transaction of $51,615.00. Following the completion of the sale, the vice president directly owned 46,393 shares in the company, valued at $1,544,886.90. This represents a 3.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP John W. Schlosser sold 6,166 shares of Kinder Morgan stock in a transaction that occurred 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 $6,359,320.24. This trade represents a 3.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 48,048 shares of company stock worth $1,469,863 in the last 90 days. 12.73% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Norges Bank bought a new stake in Kinder Morgan in the 4th quarter worth $1,132,125,000. AQR Capital Management LLC raised its stake in shares of Kinder Morgan by 431.9% during the third quarter. AQR Capital Management LLC now owns 6,569,082 shares of the pipeline company’s stock valued at $185,971,000 after acquiring an additional 5,333,986 shares during the last quarter. Merewether Investment Management LP purchased a new stake in shares of Kinder Morgan during the second quarter worth about $138,477,000. Zimmer Partners LP boosted its holdings in shares of Kinder Morgan by 177.8% during the third quarter. Zimmer Partners LP now owns 6,070,100 shares of the pipeline company’s stock worth $171,845,000 after purchasing an additional 3,885,000 shares during the period. Finally, 59 North Capital Management LP grew its stake in shares of Kinder Morgan by 54.5% in the second quarter. 59 North Capital Management LP now owns 10,597,380 shares of the pipeline company’s stock worth $311,563,000 after purchasing an additional 3,739,398 shares during the last quarter. 62.52% of the stock is owned by hedge funds and other institutional investors.

Kinder Morgan News Roundup

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

• Positive Sentiment: Shares reached a 52‑week high near $34.25, signaling strong buying interest and momentum. Kinder Morgan stock hits 52-week high at $34.25
• Positive Sentiment: Analyst adjustments are lifting the outlook: Jefferies raised its price target from $31 to $36, trimming downside risk and supporting the rally. Jefferies raises price target
• Positive Sentiment: US Capital Advisors increased multiple quarterly and full‑year EPS forecasts (FY2026 raised toward ~$1.34 and FY2028 projections cited higher), improving forward earnings expectations and reinforcing buyer interest.
• Positive Sentiment: Operationally positive: Phillips 66 and Kinder Morgan extended the second open season for remaining Western Gateway pipeline capacity — a commercial development that can support future fee‑based volumes and revenue. Phillips 66 and Kinder Morgan announce extension of second open season
• Neutral Sentiment: Truist initiated coverage with a “Hold” rating but a $38 price target — a vote of confidence on valuation (PT implies upside) while keeping a neutral stance on near‑term outperformance. Truist initiates coverage with hold
• Neutral Sentiment: Market commentary and investor attention pieces (Zacks/Yahoo) are driving scans of KMI by retail and institutional investors, increasing volume but not adding a clear directional catalyst. KMI attracting investor attention (Zacks)
• Neutral Sentiment: Earnings preview coverage notes analysts expect modest single‑digit profit growth in upcoming quarterly results — an important near‑term event that will likely drive volatility around the report. Earnings preview (Barchart)
• Negative Sentiment: Some outlets highlight conflicting analyst views on energy names (including KMI), reflecting divergent opinions on growth vs. valuation — a source of caution for investors who prefer consensus clarity. Analysts have conflicting sentiments on Kinder Morgan

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.