Kinder Morgan (NYSE:KMI) Sets New 1-Year High After Analyst Upgrade

Kinder Morgan, Inc. (NYSE:KMI)’s share price reached a new 52-week high during mid-day trading on Wednesday after Scotiabank raised their price target on the stock from $31.00 to $32.00. Scotiabank currently has a sector perform rating on the stock. Kinder Morgan traded as high as $34.24 and last traded at $34.1490, with a volume of 5893400 shares traded. The stock had previously closed at $33.93.

Several other analysts have also recently weighed in on KMI. Wells Fargo & Company increased their price target on shares of Kinder Morgan from $34.00 to $35.00 and gave the company an “overweight” rating in a research note on Friday, March 13th. UBS Group reaffirmed a “buy” rating and set a $38.00 price target on shares of Kinder Morgan in a research report on Friday, December 12th. Truist Financial began coverage on Kinder Morgan in a report on Tuesday. They issued a “hold” rating and a $38.00 price objective on the stock. Barclays reiterated an “overweight” rating on shares of Kinder Morgan in a research report on Friday, February 20th. Finally, Jefferies Financial Group lifted their target price on Kinder Morgan from $31.00 to $36.00 and gave the company a “hold” rating in a research report on Tuesday. Eight equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $34.21.

Insider Buying and Selling

In other news, VP Anthony B. Ashley sold 8,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $31.95, for a total value of $255,600.00. Following the completion of the transaction, the vice president owned 100,146 shares of the company’s stock, valued at approximately $3,199,664.70. This trade represents a 7.40% 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, VP Michael P. Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $33.30, for a total transaction of $51,615.00. Following the completion of the transaction, the vice president owned 46,393 shares of the company’s stock, valued at $1,544,886.90. This trade represents a 3.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 48,048 shares of company stock worth $1,469,863 over the last 90 days. 12.73% of the stock is owned by insiders.

Trending Headlines about Kinder Morgan

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

• Positive Sentiment: Jefferies raised its price target to $36, signaling confidence that KMI’s fundamentals and cash-flow outlook support a higher valuation. Read More.
• Positive Sentiment: US Capital Advisors raised its FY2028 EPS forecast (analyst note cited a $1.40 EPS view vs. prior consensus of $1.25), implying upside to future earnings expectations. Read More.
• Positive Sentiment: Kinder Morgan and Phillips 66 extended the second open season for remaining Western Gateway pipeline capacity — a constructive operational development that supports future fee-based revenue. Read More.
• Positive Sentiment: The stock recently hit a 52-week high, reflecting strong investor demand and positive momentum heading into earnings. Read More.
• Neutral Sentiment: Pre-earnings coverage and previews suggest analysts expect modest, single-digit profit growth in Q1 — this sets a moderate bar for KMI’s report and frames market reaction to the results. Read More.
• Neutral Sentiment: Truist initiated coverage with a hold/sector-perform-type stance — coverage increases visibility but the neutral rating limits immediate upside from that action. Read More.
• Neutral Sentiment: Several media/analyst pieces note KMI’s appeal as a dividend-paying, stable energy infrastructure name; helpful for income investors but not a near-term catalyst. Read More.
• Negative Sentiment: Scotiabank raised its target to $32 but kept a “sector perform” stance; the $32 target sits below the current market price, implying limited upside and potential downside risk if momentum fades. Read More.

Hedge Funds Weigh In On Kinder Morgan

Several institutional investors have recently modified their holdings of the business. Davis Capital Management purchased a new stake in shares of Kinder Morgan in the 3rd quarter valued at approximately $1,426,000. Providence Capital Advisors LLC purchased a new stake in shares of Kinder Morgan during the 3rd quarter worth $2,674,000. Meixler Investment Management Ltd. acquired a new position in shares of Kinder Morgan during the third quarter worth $1,882,000. HighTower Advisors LLC increased its holdings in Kinder Morgan by 3.9% in the third quarter. HighTower Advisors LLC now owns 1,231,845 shares of the pipeline company’s stock valued at $34,874,000 after buying an additional 46,396 shares during the last quarter. Finally, Kayne Anderson Capital Advisors LP increased its holdings in Kinder Morgan by 15.6% in the third quarter. Kayne Anderson Capital Advisors LP now owns 12,452,111 shares of the pipeline company’s stock valued at $352,519,000 after buying an additional 1,682,241 shares during the last quarter. Institutional investors and hedge funds own 62.52% of the company’s stock.

Kinder Morgan Stock Performance

The company has a market capitalization of $75.85 billion, a price-to-earnings ratio of 24.88, a PEG ratio of 3.11 and a beta of 0.68. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.64 and a quick ratio of 0.50. The stock has a 50 day simple moving average of $31.84 and a two-hundred day simple moving average of $28.78.

Kinder Morgan (NYSE:KMI) last released its quarterly earnings data 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 return on equity of 9.02% and a net margin of 18.04%.The business had revenue of $4.51 billion during the quarter, compared to analysts’ expectations of $4.33 billion. During the same period in the prior year, the firm posted $0.30 EPS. The business’s quarterly revenue was up 13.1% compared to the same quarter last year. As a group, analysts anticipate that Kinder Morgan, Inc. will post 1.25 earnings per share for the current year.

Kinder Morgan Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 2nd were issued a $0.2925 dividend. This represents a $1.17 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend was Monday, February 2nd. Kinder Morgan’s dividend payout ratio is 85.40%.

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.