Ascentis Independent Advisors Raises Stock Position in Kinder Morgan, Inc. $KMI

Ascentis Independent Advisors increased its stake in shares of Kinder Morgan, Inc. (NYSE:KMI) by 126.0% in the 1st quarter, Holdings Channel reports. The firm owned 35,961 shares of the pipeline company’s stock after purchasing an additional 20,050 shares during the period. Ascentis Independent Advisors’ holdings in Kinder Morgan were worth $1,206,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Board of the Pension Protection Fund purchased a new stake in Kinder Morgan during the 4th quarter worth approximately $27,000. Commonwealth Retirement Investments LLC purchased a new position in shares of Kinder Morgan in the fourth quarter valued at approximately $27,000. First Pacific Financial boosted its stake in shares of Kinder Morgan by 9,900.0% in the first quarter. First Pacific Financial now owns 1,000 shares of the pipeline company’s stock worth $34,000 after acquiring an additional 990 shares during the last quarter. Acumen Wealth Advisors LLC acquired a new stake in shares of Kinder Morgan in the fourth quarter worth approximately $28,000. Finally, Dorato Capital Management purchased a new stake in shares of Kinder Morgan during the fourth quarter worth approximately $30,000. 62.52% of the stock is owned by hedge funds and other institutional investors.

Kinder Morgan Stock Up 2.6%

NYSE KMI opened at $32.51 on Wednesday. Kinder Morgan, Inc. has a 52 week low of $25.60 and a 52 week high of $34.81. The company has a quick ratio of 0.41, a current ratio of 0.52 and a debt-to-equity ratio of 0.92. The business’s fifty day simple moving average is $32.19 and its 200-day simple moving average is $31.38. The firm has a market cap of $72.32 billion, a PE ratio of 21.82, a P/E/G ratio of 2.64 and a beta of 0.54.

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

Kinder Morgan Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Monday, May 4th were given a $0.2975 dividend. The ex-dividend date was Monday, May 4th. This is a positive change from Kinder Morgan’s previous quarterly dividend of $0.29. This represents a $1.19 annualized dividend and a yield of 3.7%. Kinder Morgan’s dividend payout ratio (DPR) is currently 79.87%.

More Kinder Morgan News

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

• Positive Sentiment: Oil prices surged after attacks on commercial ships near the Strait of Hormuz, lifting energy and pipeline stocks, including Kinder Morgan. Expro, Kinder Morgan, and Nabors Industries Shares Are Soaring, What You Need To Know
• Positive Sentiment: Recent coverage highlighted Kinder Morgan’s solid first-quarter results, with earnings and revenue both beating estimates, reinforcing the company’s operating momentum. Kinder Morgan (NYSE:KMI): Strongest Q1 Results from the Infrastructure Group
• Neutral Sentiment: The company remains in focus as an income stock after raising its quarterly dividend, which may appeal to investors seeking yield and stable cash flow. Kinder Morgan’s Cash Flow Drives Upside: Potential Swells in Q1
• Negative Sentiment: A vice president sold 6,166 shares under a pre-arranged trading plan, which can create some short-term pressure even if the sale was not unusual. Insider Selling: Kinder Morgan (NYSE:KMI) VP Sells 6,166 Shares of Stock

Insider Buying and Selling at Kinder Morgan

In related news, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $31.90, for a total value of $196,695.40. Following the sale, the vice president directly owned 164,208 shares in the company, valued at approximately $5,238,235.20. The trade was a 3.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael P. Garthwaite sold 1,550 shares of the stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $31.44, for a total transaction of $48,732.00. Following the transaction, the vice president directly owned 41,743 shares of the company’s stock, valued at approximately $1,312,399.92. This trade represents a 3.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 23,148 shares of company stock valued at $742,855. 12.72% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on KMI shares. Royal Bank Of Canada raised their price objective on Kinder Morgan from $32.00 to $35.00 and gave the company a “sector perform” rating in a report on Monday, March 30th. Weiss Ratings cut shares of Kinder Morgan from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Tuesday, June 23rd. The Goldman Sachs Group reissued a “buy” rating on shares of Kinder Morgan in a research note on Wednesday, June 10th. Jefferies Financial Group dropped their price objective on shares of Kinder Morgan from $36.00 to $34.00 and set a “hold” rating for the company in a research note on Thursday, April 23rd. Finally, UBS Group reiterated a “buy” rating and issued a $43.00 price objective on shares of Kinder Morgan in a report on Monday, June 15th. Eight analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $34.71.

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.