Capital Investment Advisors LLC lifted its position in Kinder Morgan, Inc. (NYSE:KMI – Free Report) by 2.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 584,979 shares of the pipeline company’s stock after acquiring an additional 16,240 shares during the period. Capital Investment Advisors LLC’s holdings in Kinder Morgan were worth $16,081,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank bought a new position in Kinder Morgan during the second quarter worth $1,162,802,000. AQR Capital Management LLC raised its holdings 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 worth $185,971,000 after purchasing an additional 5,333,986 shares during the period. Merewether Investment Management LP acquired a new stake in shares of Kinder Morgan during the second quarter worth $138,477,000. Zimmer Partners LP lifted its position in shares of Kinder Morgan by 177.8% in the 3rd quarter. Zimmer Partners LP now owns 6,070,100 shares of the pipeline company’s stock worth $171,845,000 after buying an additional 3,885,000 shares during the last quarter. Finally, 59 North Capital Management LP boosted its holdings in shares of Kinder Morgan by 54.5% in the 2nd quarter. 59 North Capital Management LP now owns 10,597,380 shares of the pipeline company’s stock valued at $311,563,000 after buying an additional 3,739,398 shares during the period. 62.52% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other Kinder Morgan news, VP Michael P. Garthwaite sold 1,550 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $33.30, for a total transaction of $51,615.00. Following the transaction, the vice president owned 46,393 shares of the company’s stock, valued at approximately $1,544,886.90. This trade represents a 3.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Anthony B. Ashley sold 8,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $31.95, for a total transaction of $255,600.00. Following the completion of the sale, the vice president directly owned 100,146 shares of the company’s stock, valued at approximately $3,199,664.70. This represents a 7.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 48,048 shares of company stock valued at $1,469,863. Corporate insiders own 12.73% of the company’s stock.
Wall Street Analysts Forecast Growth
Check Out Our Latest Research Report on KMI
Kinder Morgan News Summary
Here are the key news stories impacting Kinder Morgan this week:
- Positive Sentiment: Jefferies raised its price target to $36, a bullish analyst move that likely supported buying interest and contributed to recent strength in the shares. Jefferies Boosts Kinder Morgan Price Target to $36
- Positive Sentiment: An analyst upgrade coincided with the stock hitting a new one‑year high, signaling positive momentum from institutional research. Kinder Morgan Sets New 1-Year High After Analyst Upgrade
- Positive Sentiment: Phillips 66 and Kinder Morgan extended a second open season for remaining Western Gateway capacity — a development that supports future utilization and potential fee‑based revenue. Phillips 66, Kinder Morgan Extend Second Open Season
- Neutral Sentiment: Scotiabank raised its price target to $32 but kept a Sector Perform rating and said geopolitical developments (Iran conflict) are neutral for Kinder Morgan — a modest lift to the target but not a conviction upgrade. Scotiabank Sees Iran Conflict as Neutral for Kinder Morgan
- Neutral Sentiment: Truist began coverage on KMI, increasing analyst attention and potentially widening investor interest, though coverage initiation can be neutral until it includes a target or rating change. Truist Begins Coverage on Kinder Morgan
- Neutral Sentiment: Market previews and firm commentaries ahead of the quarter (earnings preview and Q1 commentary) raise the chance of short-term volatility depending on beats/misses versus elevated expectations. Earnings Preview: What To Expect From Kinder Morgan’s Report
- Neutral Sentiment: US Capital Advisors published FY2028 earnings estimates and commentary on Q1 — useful for modeling longer‑term cash flow but unlikely to move the stock materially absent big revisions. US Capital Advisors Estimates Kinder Morgan FY2028 Earnings
- Negative Sentiment: Analysis from TipRanks flagged that much of KMI’s rally (over 20% YTD) may already be priced in, suggesting limited near-term upside and making the shares more vulnerable to disappointment. Is Kinder Morgan’s Rally Already Priced In?
Kinder Morgan Stock Performance
Shares of KMI stock opened at $34.05 on Friday. Kinder Morgan, Inc. has a 12-month low of $23.94 and a 12-month high of $34.73. The firm has a market capitalization of $75.74 billion, a price-to-earnings ratio of 24.85, a price-to-earnings-growth ratio of 3.12 and a beta of 0.68. The business has a 50 day simple moving average of $31.97 and a 200 day simple moving average of $28.83. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.64 and a quick ratio of 0.50.
Kinder Morgan (NYSE:KMI – Get Free Report) last announced its earnings results on Wednesday, January 21st. The pipeline company reported $0.39 earnings per share for the quarter, beating 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 firm had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.33 billion. During the same quarter in the previous year, the business earned $0.30 EPS. The firm’s revenue for the quarter was up 13.1% on a year-over-year basis. On average, equities research analysts anticipate that Kinder Morgan, Inc. will post 1.25 EPS for the current year.
Kinder Morgan Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 2nd were paid a dividend of $0.2925 per share. This represents a $1.17 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date was Monday, February 2nd. Kinder Morgan’s payout ratio is currently 85.40%.
Kinder Morgan 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.
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