Kinder Morgan, Inc. (NYSE:KMI) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Kinder Morgan, Inc. (NYSE:KMI) have earned an average rating of “Moderate Buy” from the eighteen brokerages that are currently covering the company, Marketbeat.com reports. Ten research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $34.20.

A number of research firms recently weighed in on KMI. Weiss Ratings raised Kinder Morgan from a “buy (b)” rating to a “buy (a-)” rating in a report on Monday, May 4th. Zacks Research raised Kinder Morgan from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. Truist Financial began coverage on Kinder Morgan in a report on Tuesday, March 24th. They issued a “hold” rating and a $38.00 price target for the company. Stifel Nicolaus upped their price target on Kinder Morgan from $30.00 to $33.00 and gave the stock a “hold” rating in a report on Friday, March 13th. Finally, Mizuho boosted their price objective on Kinder Morgan from $31.00 to $37.00 and gave the stock an “outperform” rating in a research note on Thursday, March 5th.

Insider Activity at Kinder Morgan

In related news, VP Michael P. Garthwaite sold 1,550 shares of the business’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $33.65, for a total transaction of $52,157.50. Following the completion of the sale, the vice president directly owned 43,293 shares in the company, valued at approximately $1,456,809.45. The trade was a 3.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $31.83, for a total value of $196,263.78. Following the sale, the vice president owned 170,374 shares of the company’s stock, valued at $5,423,004.42. The trade was a 3.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 23,148 shares of company stock valued at $752,089 over the last quarter. 12.72% of the stock is owned by company insiders.

Institutional Investors Weigh In On Kinder Morgan

A number of large investors have recently modified their holdings of the business. Parallel Advisors LLC grew its holdings in shares of Kinder Morgan by 10.3% during the first quarter. Parallel Advisors LLC now owns 32,325 shares of the pipeline company’s stock worth $1,084,000 after buying an additional 3,030 shares in the last quarter. Blue Edge Capital LLC acquired a new stake in shares of Kinder Morgan in the first quarter valued at approximately $465,000. Caerus Investment Advisors LLC increased its holdings in shares of Kinder Morgan by 9.5% in the first quarter. Caerus Investment Advisors LLC now owns 9,983 shares of the pipeline company’s stock valued at $335,000 after purchasing an additional 866 shares during the last quarter. Keel Point LLC increased its holdings in shares of Kinder Morgan by 62.3% in the first quarter. Keel Point LLC now owns 18,034 shares of the pipeline company’s stock valued at $605,000 after purchasing an additional 6,924 shares during the last quarter. Finally, Allen Capital Group LLC increased its holdings in shares of Kinder Morgan by 2.4% in the first quarter. Allen Capital Group LLC now owns 287,137 shares of the pipeline company’s stock valued at $9,628,000 after purchasing an additional 6,629 shares during the last quarter. Hedge funds and other institutional investors own 62.52% of the company’s stock.

Kinder Morgan Stock Performance

Shares of KMI stock opened at $31.71 on Friday. The stock has a market cap of $70.54 billion, a PE ratio of 21.28, a price-to-earnings-growth ratio of 2.64 and a beta of 0.54. The business has a 50-day simple moving average of $32.48 and a 200-day simple moving average of $30.59. The company has a quick ratio of 0.41, a current ratio of 0.52 and a debt-to-equity ratio of 0.92. Kinder Morgan has a 52-week low of $25.60 and a 52-week high of $34.81.

Kinder Morgan (NYSE:KMI) last released its quarterly earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.10. The company had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.55 billion. Kinder Morgan had a return on equity of 9.90% and a net margin of 18.92%.Kinder Morgan’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.34 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. On average, equities analysts expect that Kinder Morgan will post 1.49 EPS for the current year.

Kinder Morgan Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 4th were paid a dividend of $0.2975 per share. This is an increase from Kinder Morgan’s previous quarterly dividend of $0.29. The ex-dividend date was Monday, May 4th. This represents a $1.19 annualized dividend and a yield of 3.8%. Kinder Morgan’s dividend payout ratio (DPR) is presently 79.87%.

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.