Militia Capital Management LLC Buys Shares of 86,200 Kinder Morgan, Inc. $KMI

Militia Capital Management LLC acquired a new position in Kinder Morgan, Inc. (NYSE:KMIFree Report) in the 1st quarter, HoldingsChannel.com reports. The firm acquired 86,200 shares of the pipeline company’s stock, valued at approximately $2,890,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Commonwealth Retirement Investments LLC acquired a new stake in shares of Kinder Morgan during the fourth quarter worth approximately $27,000. Frazier Financial Advisors LLC acquired a new position in Kinder Morgan in the 1st quarter valued at approximately $28,000. Acumen Wealth Advisors LLC acquired a new position in Kinder Morgan in the 4th quarter valued at approximately $28,000. Dorato Capital Management purchased a new stake in Kinder Morgan in the 4th quarter worth approximately $30,000. Finally, Basepoint Wealth LLC purchased a new stake in Kinder Morgan in the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 62.52% of the company’s stock.

Trending Headlines about Kinder Morgan

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Kinder Morgan Stock Up 0.3%

KMI stock opened at $32.49 on Thursday. The stock has a market capitalization of $72.29 billion, a price-to-earnings ratio of 21.81, a price-to-earnings-growth ratio of 2.70 and a beta of 0.54. The company has a 50-day moving average of $32.28 and a two-hundred day moving average of $31.79. Kinder Morgan, Inc. has a 52-week low of $25.60 and a 52-week high of $34.81. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.52 and a quick ratio of 0.41.

Kinder Morgan (NYSE:KMIGet Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.06. Kinder Morgan had a return on equity of 9.90% and a net margin of 18.92%.The business had revenue of $4.48 billion during the quarter, compared to analysts’ expectations of $4.22 billion. During the same quarter in the previous year, the firm earned $0.28 EPS. The firm’s revenue was up 10.8% compared to the same quarter last year. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. As a group, equities research analysts anticipate that Kinder Morgan, Inc. will post 1.49 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 given a $0.2975 dividend. This represents a $1.19 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Monday, August 3rd. Kinder Morgan’s payout ratio is currently 79.87%.

Insider Buying and Selling

In other news, VP John W. Schlosser sold 6,166 shares of the stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $32.41, for a total value of $199,840.06. Following the completion of the sale, the vice president directly owned 176,540 shares of the company’s stock, valued at approximately $5,721,661.40. This 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 can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael P. Garthwaite sold 1,550 shares of the firm’s stock in a transaction 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 completion of the sale, the vice president owned 41,743 shares in the company, valued at approximately $1,312,399.92. The trade was 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. Over the last quarter, insiders have sold 21,598 shares of company stock valued at $693,689. Corporate insiders own 12.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Royal Bank Of Canada lifted their price objective on Kinder Morgan from $32.00 to $35.00 and gave the company a “sector perform” rating in a research report on Monday, March 30th. Weiss Ratings lowered Kinder Morgan from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Tuesday, June 23rd. Wolfe Research downgraded Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. The Goldman Sachs Group reiterated a “buy” rating on shares of Kinder Morgan in a report on Wednesday, June 10th. Finally, Jefferies Financial Group lowered their price target on Kinder Morgan from $36.00 to $34.00 and set a “hold” rating for the company in a research note on Thursday, April 23rd. Eight equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Kinder Morgan has a consensus rating of “Hold” and a consensus price target of $34.71.

View Our Latest Stock Analysis on Kinder Morgan

Kinder Morgan Company Profile

(Free Report)

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

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Institutional Ownership by Quarter for Kinder Morgan (NYSE:KMI)

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