Havemeyer Place LP acquired a new stake in Kinder Morgan, Inc. (NYSE:KMI – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 21,604 shares of the pipeline company’s stock, valued at approximately $594,000.
Several other hedge funds and other institutional investors have also modified their holdings of KMI. Personal CFO Solutions LLC raised its stake in Kinder Morgan by 4.5% during the fourth quarter. Personal CFO Solutions LLC now owns 7,896 shares of the pipeline company’s stock worth $217,000 after acquiring an additional 340 shares in the last quarter. Hazlett Burt & Watson Inc. increased its position in shares of Kinder Morgan by 1.5% during the 4th quarter. Hazlett Burt & Watson Inc. now owns 22,530 shares of the pipeline company’s stock worth $617,000 after purchasing an additional 342 shares in the last quarter. Red Door Wealth Management LLC lifted its holdings in Kinder Morgan by 2.2% during the 4th quarter. Red Door Wealth Management LLC now owns 17,772 shares of the pipeline company’s stock valued at $489,000 after purchasing an additional 389 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its holdings in Kinder Morgan by 5.6% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 7,564 shares of the pipeline company’s stock valued at $208,000 after purchasing an additional 399 shares during the last quarter. Finally, Sagespring Wealth Partners LLC boosted its position in Kinder Morgan by 1.6% in the fourth quarter. Sagespring Wealth Partners LLC now owns 26,503 shares of the pipeline company’s stock valued at $729,000 after buying an additional 405 shares in the last quarter. Institutional investors own 62.52% of the company’s stock.
More Kinder Morgan News
Here are the key news stories impacting Kinder Morgan this week:
- Positive Sentiment: KMI was highlighted as one of the top energy dividend stocks for income investors, reinforcing its appeal as a dependable yield play in a volatile oil market. Want Income? Buy These 3 Top Energy Dividend Stocks Now
- Positive Sentiment: Analysts still rate Kinder Morgan a “Moderate Buy” on average, suggesting Wall Street remains broadly constructive on the stock’s longer-term outlook. Kinder Morgan, Inc. (NYSE:KMI) Receives Average Recommendation of “Moderate Buy” from Analysts
- Neutral Sentiment: KMI drew elevated investor attention on Zacks as one of the most searched stocks, which can signal growing interest but does not by itself change fundamentals. Investors Heavily Search Kinder Morgan, Inc. (KMI): Here is What You Need to Know
- Neutral Sentiment: Reports say the company is underperforming the broader energy sector, while analysts remain somewhat optimistic, pointing to a mixed near-term setup rather than a clear catalyst. Kinder Morgan Stock: Is KMI Underperforming the Energy Sector?
- Negative Sentiment: Recent commentary on Kinder Morgan’s narrative showed mixed analyst target changes, including at least one lowered price target, which may have weighed on sentiment. How The Kinder Morgan (KMI) Narrative Is Evolving With Mixed Analyst Targets And New Projects
- Negative Sentiment: The stock also declined in the latest session, reflecting some profit-taking or broader market rotation despite the company’s income-stock appeal. Kinder Morgan (KMI) Stock Falls Amid Market Uptick: What Investors Need to Know
Insider Buying and Selling at Kinder Morgan
Analysts Set New Price Targets
Several research firms have recently weighed in on KMI. Wells Fargo & Company raised their price objective on shares of Kinder Morgan from $34.00 to $35.00 and gave the stock an “overweight” rating in a report on Friday, March 13th. Truist Financial began coverage on Kinder Morgan in a report on Tuesday, March 24th. They issued a “hold” rating and a $38.00 target price on the stock. Royal Bank Of Canada raised their price target on Kinder Morgan from $32.00 to $35.00 and gave the company a “sector perform” rating in a report on Monday, March 30th. Wolfe Research lowered Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, Scotiabank raised their target price on Kinder Morgan from $31.00 to $32.00 and gave the company a “sector perform” rating in a research note on Thursday, March 26th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, Kinder Morgan has an average rating of “Moderate Buy” and an average price target of $34.20.
Read Our Latest Research Report on KMI
Kinder Morgan Stock Performance
Shares of Kinder Morgan stock opened at $31.29 on Tuesday. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.52 and a quick ratio of 0.41. The firm has a market cap of $69.61 billion, a P/E ratio of 21.00, a P/E/G ratio of 2.64 and a beta of 0.54. The firm has a 50 day simple moving average of $32.43 and a 200 day simple moving average of $30.64. Kinder Morgan, Inc. has a fifty-two week low of $25.60 and a fifty-two week high of $34.81.
Kinder Morgan (NYSE:KMI – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.10. The firm had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.55 billion. Kinder Morgan had a return on equity of 9.90% and a net margin of 18.92%.The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.34 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Sell-side analysts predict that Kinder Morgan, Inc. will post 1.49 earnings per share for the current fiscal year.
Kinder Morgan Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were paid a dividend of $0.2975 per share. This represents a $1.19 annualized dividend and a dividend yield of 3.8%. 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 payout ratio is currently 79.87%.
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.
See Also
- Five stocks we like better than Kinder Morgan
- 3 Stocks With Fresh Catalysts to Watch Before the July 4
- Amprius Insiders Are Selling: Should Investors Be Worried?
- A Weaker Dollar Could Put These 3 Industrial Stocks Back in Focus
- A Market Rotation Toward Quality Will Benefit These 3 ETFs
Want to see what other hedge funds are holding KMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kinder Morgan, Inc. (NYSE:KMI – Free Report).
Receive News & Ratings for Kinder Morgan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinder Morgan and related companies with MarketBeat.com's FREE daily email newsletter.
