Kinder Morgan, Inc. $KMI Shares Sold by Bank of Nova Scotia

Bank of Nova Scotia reduced its stake in shares of Kinder Morgan, Inc. (NYSE:KMI) by 4.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 982,180 shares of the pipeline company’s stock after selling 49,842 shares during the quarter. Bank of Nova Scotia’s holdings in Kinder Morgan were worth $32,932,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Commonwealth Retirement Investments LLC acquired a new stake in shares of Kinder Morgan during the fourth quarter worth about $27,000. Frazier Financial Advisors LLC purchased a new position in Kinder Morgan during the 1st quarter worth approximately $28,000. Acumen Wealth Advisors LLC acquired a new position in Kinder Morgan during the fourth quarter worth approximately $28,000. Dorato Capital Management purchased a new stake in Kinder Morgan in the fourth quarter valued at approximately $30,000. Finally, Basepoint Wealth LLC acquired a new stake in shares of Kinder Morgan in the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 62.52% of the company’s stock.

Trending Headlines about Kinder Morgan

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

• Positive Sentiment: Kinder Morgan beat Q2 earnings and revenue expectations, helped by higher natural gas volumes and strong pipeline demand. Kinder Morgan (KMI) Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company raised its 2026 guidance and pointed to growing LNG, power, and data-center demand, which suggests more growth ahead. Plugging In: How Kinder Morgan Powers Up Profits
• Positive Sentiment: Kinder Morgan lifted its quarterly dividend, reinforcing the stock’s income story for shareholders. KMI Q2 Earnings Beat Estimates on Natural Gas Pipeline Strength
• Positive Sentiment: Analysts were highlighted as bullish on Kinder Morgan in recent coverage, which can support sentiment around the name. Analysts Are Bullish on These Energy Stocks: Kinder Morgan (KMI), Matador Resources (MTDR)
• Neutral Sentiment: Kinder Morgan also issued a 2025 Sustainability Report, emphasizing methane reductions and lower-carbon investments, which is more of a long-term ESG update than a near-term earnings driver. Kinder Morgan Issues 2025 Sustainability Report
• Negative Sentiment: One analyst roundup described sentiment on Kinder Morgan as neutral, suggesting some investors may be waiting for more proof after the earnings surge. Analysts Are Neutral on These Energy Stocks: Paladin Energy Ltd (PALAF), Kinder Morgan (KMI)

Wall Street Analyst Weigh In

A number of analysts recently weighed in on KMI shares. UBS Group reiterated a “buy” rating and set a $43.00 price target on shares of Kinder Morgan in a research note on Monday, June 15th. Wolfe Research cut Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Citigroup lifted their target price on Kinder Morgan from $28.00 to $33.00 and gave the company a “neutral” rating in a research note on Monday, March 30th. The Goldman Sachs Group reiterated a “buy” rating on shares of Kinder Morgan in a research report on Wednesday, June 10th. Finally, Zacks Research cut shares of Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Eight analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $35.08.

Insider Transactions at Kinder Morgan

In related news, VP John W. Schlosser sold 6,166 shares of the firm’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $32.41, for a total value of $199,840.06. Following the sale, the vice president directly owned 176,540 shares of the company’s stock, valued at approximately $5,721,661.40. This trade represents a 3.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael P. Garthwaite sold 1,550 shares of the company’s stock in a transaction that occurred on 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 $1,312,399.92. This trade represents a 3.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 21,598 shares of company stock valued at $693,689. Corporate insiders own 12.72% of the company’s stock.

Kinder Morgan Price Performance

NYSE:KMI opened at $32.87 on Friday. The firm has a market cap of $73.13 billion, a price-to-earnings ratio of 21.07, a price-to-earnings-growth ratio of 2.59 and a beta of 0.54. Kinder Morgan, Inc. has a 12-month low of $25.60 and a 12-month high of $34.81. The company has a current ratio of 0.46, a quick ratio of 0.41 and a debt-to-equity ratio of 0.91. The company’s 50-day moving average is $32.26 and its two-hundred day moving average is $31.83.

Kinder Morgan (NYSE:KMI) last announced its earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. The firm had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.22 billion. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. Kinder Morgan’s revenue was up 10.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.28 earnings per share. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Research analysts expect that Kinder Morgan, Inc. will post 1.57 EPS for the current year.

Kinder Morgan Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 3rd will be issued a $0.2975 dividend. The ex-dividend date is Monday, August 3rd. This represents a $1.19 annualized dividend and a yield of 3.6%. Kinder Morgan’s payout ratio is 76.28%.

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.