John Schlosser Sells 6,166 Shares of Kinder Morgan (NYSE:KMI) Stock

Kinder Morgan, Inc. (NYSE:KMI) VP John Schlosser sold 6,166 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $31.90, for a total value of $196,695.40. Following the sale, the vice president owned 164,208 shares of the company’s stock, valued at approximately $5,238,235.20. The trade was a 3.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kinder Morgan Stock Performance

Shares of KMI opened at $32.51 on Wednesday. The company has a market capitalization of $72.32 billion, a price-to-earnings ratio of 21.82, a price-to-earnings-growth ratio of 2.64 and a beta of 0.54. 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 stock has a 50 day moving average price of $32.19 and a 200 day moving average price of $31.38.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings data on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.10. Kinder Morgan had a net margin of 18.92% and a return on equity of 9.90%. The business had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.55 billion. During the same quarter in the previous year, the firm earned $0.34 EPS. The company’s revenue was up 13.8% compared to the same quarter last year. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Research analysts predict that Kinder Morgan, Inc. will post 1.49 EPS for the current fiscal year.

Kinder Morgan Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Monday, May 4th were given a $0.2975 dividend. This represents a $1.19 dividend on an annualized basis and a yield of 3.7%. This is a boost from Kinder Morgan’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Monday, May 4th. Kinder Morgan’s dividend payout ratio is presently 79.87%.

Analyst Upgrades and Downgrades

KMI has been the topic of a number of research analyst reports. Scotiabank lifted their target price on Kinder Morgan from $31.00 to $32.00 and gave the stock a “sector perform” rating in a research report on Thursday, March 26th. Citigroup raised their price target on Kinder Morgan from $28.00 to $33.00 and gave the stock a “neutral” rating in a research note on Monday, March 30th. Wells Fargo & Company lifted their price target on Kinder Morgan from $34.00 to $35.00 and gave the stock an “overweight” rating in a research report on Friday, March 13th. Jefferies Financial Group decreased their price objective on Kinder Morgan from $36.00 to $34.00 and set a “hold” rating for the company in a report on Thursday, April 23rd. Finally, Truist Financial started coverage on shares of Kinder Morgan in a research report on Tuesday, March 24th. They set a “hold” rating and a $38.00 target price on the stock. Eight analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $34.71.

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

Institutional Trading of Kinder Morgan

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC acquired a new stake in shares of Kinder Morgan during the fourth quarter worth $308,000. Schnieders Capital Management LLC. raised its holdings in Kinder Morgan by 11.4% during the second quarter. Schnieders Capital Management LLC. now owns 69,444 shares of the pipeline company’s stock worth $2,042,000 after purchasing an additional 7,081 shares in the last quarter. NewEdge Advisors LLC grew its holdings in Kinder Morgan by 2.1% during the second quarter. NewEdge Advisors LLC now owns 270,876 shares of the pipeline company’s stock worth $7,964,000 after acquiring an additional 5,586 shares during the period. Nebula Research & Development LLC acquired a new position in shares of Kinder Morgan during the 2nd quarter worth $1,168,000. Finally, Sei Investments Co. grew its position in Kinder Morgan by 20.4% during the second quarter. Sei Investments Co. now owns 861,465 shares of the pipeline company’s stock worth $25,328,000 after buying an additional 145,806 shares during the period. 62.52% of the stock is owned by hedge funds and other institutional investors.

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.