M&T Bank Corp Has $50.17 Million Position in Kinder Morgan, Inc. $KMI

M&T Bank Corp raised its stake in Kinder Morgan, Inc. (NYSE:KMI) by 1,740.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,824,866 shares of the pipeline company’s stock after buying an additional 1,725,693 shares during the period. M&T Bank Corp’s holdings in Kinder Morgan were worth $50,166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Board of the Pension Protection Fund acquired a new position in shares of Kinder Morgan in the fourth quarter valued at $27,000. Dorato Capital Management acquired a new position in shares of Kinder Morgan in the fourth quarter valued at $30,000. Strategic Advocates LLC acquired a new position in shares of Kinder Morgan in the third quarter valued at $32,000. Lodestone Wealth Management LLC acquired a new position in shares of Kinder Morgan in the fourth quarter valued at $33,000. Finally, Private Wealth Management Group LLC increased its holdings in shares of Kinder Morgan by 94.9% in the third quarter. Private Wealth Management Group LLC now owns 1,222 shares of the pipeline company’s stock valued at $35,000 after purchasing an additional 595 shares during the last quarter. 62.52% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

KMI has been the topic of several research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Kinder Morgan in a report on Tuesday. Scotiabank upped their price target on shares of Kinder Morgan from $31.00 to $32.00 and gave the company a “sector perform” rating in a research note on Thursday, March 26th. Freedom Capital upgraded shares of Kinder Morgan from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 28th. Wells Fargo & Company upped their price target on shares of Kinder Morgan from $34.00 to $35.00 and gave the company an “overweight” rating in a research note on Friday, March 13th. Finally, Morgan Stanley upped their price target on shares of Kinder Morgan from $34.00 to $36.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 3rd. Seven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $34.33.

Kinder Morgan Trading Up 1.0%

KMI stock opened at $31.89 on Thursday. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.50 and a current ratio of 0.64. The company’s 50-day simple moving average is $32.92 and its 200 day simple moving average is $29.44. Kinder Morgan, Inc. has a 52 week low of $25.60 and a 52 week high of $34.73. The company has a market capitalization of $70.94 billion, a PE ratio of 23.28, a price-to-earnings-growth ratio of 2.87 and a beta of 0.64.

Kinder Morgan (NYSE:KMI) last released its quarterly earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.38 by $0.10. The business had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.55 billion. Kinder Morgan had a net margin of 18.04% and a return on equity of 9.02%. Kinder Morgan’s revenue was up 13.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.34 earnings per share. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. As a group, sell-side analysts anticipate that Kinder Morgan, Inc. will post 1.4 earnings per share for the current year.

Kinder Morgan Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Monday, May 4th will be paid a dividend of $0.2975 per share. The ex-dividend date is Monday, May 4th. This is a positive change from Kinder Morgan’s previous quarterly dividend of $0.29. This represents a $1.19 dividend on an annualized basis and a yield of 3.7%. Kinder Morgan’s dividend payout ratio is currently 85.40%.

Insider Activity

In other news, Director William A. Smith acquired 3,000 shares of Kinder Morgan stock in a transaction on Monday, February 2nd. The shares were purchased at an average cost of $29.75 per share, for a total transaction of $89,250.00. Following the completion of the purchase, the director directly owned 31,087 shares of the company’s stock, valued at approximately $924,838.25. This represents a 10.68% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP John W. Schlosser sold 6,166 shares of the stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $32.93, for a total transaction of $203,046.38. Following the sale, the vice president owned 182,706 shares in the company, valued at $6,016,508.58. The trade was a 3.26% decrease in their ownership of the stock. 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. Over the last ninety days, insiders have sold 29,598 shares of company stock valued at $952,572. Corporate insiders own 12.72% of the company’s stock.

Key Stories Impacting Kinder Morgan

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

• Positive Sentiment: Q1 beat — Kinder Morgan reported adjusted EPS of $0.48 vs. consensus $0.38 and revenue of $4.83B, up 13.8% Y/Y, driven by stronger throughput and fee-based revenue; the print is a clear earnings catalyst. Pipeline operator Kinder Morgan beats first-quarter profit estimates
• Positive Sentiment: Higher volumes — Natural gas sales/transport volumes rose materially (reports indicate nearly a 50% Y/Y increase), supporting margin expansion and cash flow. Kinder Morgan in charts: Natural gas sales volume rises almost 50% Y/Y
• Positive Sentiment: Dividend maintained/increased cash return — Board approved a $0.2975 quarterly cash dividend (annualized $1.19), supporting KMI’s income profile attractive to yield-focused investors. Kinder Morgan Reports First Quarter 2026 Financial Results
• Positive Sentiment: Pipeline growth opportunity — Kinder Morgan and Phillips 66 advanced the Western Gateway refined-products pipeline (Gulf Coast-to-California) after a successful open season, improving future revenue visibility from refined-product transport. Phillips 66 and Kinder Morgan advance Western Gateway refined products pipeline project
• Positive Sentiment: Insider buying — Reports of meaningful insider purchases in recent periods add a modest confidence signal from management/insiders. Kinder Morgan Insiders Added US$26.2m Of Stock To Their Holdings
• Negative Sentiment: Guidance slightly below Street — KMI set FY‑2026 EPS guidance at $1.360, modestly under the consensus ~ $1.39, which could cap upside given investors’ expectations for steady distribution growth. Kinder Morgan Reports First Quarter 2026 Financial Results
• Negative Sentiment: Analyst downgrade — Wolfe Research cut KMI from “strong-buy” to “hold,” which may pressure near-term sentiment despite the quarter’s strength. Wolfe Research downgrades Kinder Morgan

About Kinder Morgan

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.