Sacks & Associates LLC Makes New $581,000 Investment in Kinder Morgan, Inc. $KMI

Posted by Stanley Muller on Oct 10th, 2026

Sacks & Associates LLC acquired a new stake in shares of Kinder Morgan, Inc. (NYSE:KMI – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 19,273 shares of the pipeline company’s stock, valued at approximately $581,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BlackRock Inc. boosted its stake in shares of Kinder Morgan by 1.1% during the second quarter. BlackRock Inc. now owns 175,834,246 shares of the pipeline company’s stock valued at $5,621,421,000 after purchasing an additional 1,875,143 shares in the last quarter. State Street Corp increased its stake in shares of Kinder Morgan by 4.3% in the second quarter. State Street Corp now owns 130,863,419 shares of the pipeline company’s stock valued at $4,183,704,000 after buying an additional 5,361,578 shares during the period. Bank of America Corp DE raised its holdings in Kinder Morgan by 1.4% in the 1st quarter. Bank of America Corp DE now owns 62,018,394 shares of the pipeline company’s stock valued at $2,079,477,000 after buying an additional 836,571 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Kinder Morgan by 2.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 17,237,384 shares of the pipeline company’s stock worth $577,998,000 after buying an additional 448,130 shares during the period. Finally, Amundi increased its position in Kinder Morgan by 5.8% in the 1st quarter. Amundi now owns 15,130,700 shares of the pipeline company’s stock valued at $507,332,000 after acquiring an additional 831,125 shares during the period. Institutional investors own 62.52% of the company’s stock.

Insiders Place Their Bets

In other Kinder Morgan news, VP Michael Garthwaite sold 1,550 shares of the stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $30.80, for a total value of $47,740.00. Following the transaction, the vice president owned 48,863 shares in the company, valued at approximately $1,504,980.40. This represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 12.72% of the company’s stock.

Kinder Morgan Stock Performance

NYSE:KMI opened at $32.48 on Friday. The company has a quick ratio of 0.36, a current ratio of 0.46 and a debt-to-equity ratio of 0.91. Kinder Morgan, Inc. has a twelve month low of $25.60 and a twelve month high of $34.81. The company has a fifty day moving average of $31.48 and a 200-day moving average of $32.05. The firm has a market capitalization of $72.32 billion, a P/E ratio of 20.82, a P/E/G ratio of 2.27 and a beta of 0.59.

Kinder Morgan (NYSE:KMI – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The business had revenue of $4.48 billion during the quarter, compared to analysts’ expectations of $4.22 billion. During the same period last year, the company posted $0.28 earnings per share. The business’s quarterly revenue was up 10.8% on a year-over-year basis. 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 1.55 EPS for the current year.

Kinder Morgan Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 3rd were paid a dividend of $0.2975 per share. This represents a $1.19 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Monday, August 3rd. Kinder Morgan’s dividend payout ratio is 76.28%.

Wall Street Analyst Weigh In

A number of research firms have commented on KMI. Royal Bank Of Canada upped their price target on Kinder Morgan from $35.00 to $36.00 and gave the company a “sector perform” rating in a research report on Tuesday, September 22nd. Weiss Ratings cut Kinder Morgan from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday. Wells Fargo & Company raised their price target on shares of Kinder Morgan from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Morgan Stanley set a $33.00 price objective on shares of Kinder Morgan in a research note on Thursday, September 17th. Finally, Stifel Nicolaus started coverage on shares of Kinder Morgan in a research report on Wednesday, September 9th. They set a “hold” rating and a $35.00 price objective for the company. Eleven research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.47.

Read Our Latest Stock Analysis on KMI

About Kinder Morgan

(Free Report)

Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and storage facilities. Its assets primarily transport and store natural gas, crude oil, refined petroleum products, and carbon dioxide, supporting energy producers, utilities, refiners, industrial companies, and other customers.

The company’s natural gas business includes interstate and intrastate pipelines, gathering and processing systems, and underground storage facilities.