Kinder Morgan, Inc. $KMI Stock Sold by Pictet Asset Management Holding SA

Posted by Stanley Muller on Nov 9th, 2026

Pictet Asset Management Holding SA cut its position in Kinder Morgan, Inc. (NYSE:KMI – Free Report) by 23.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 3,662,633 shares of the pipeline company’s stock after selling 1,144,031 shares during the period. Pictet Asset Management Holding SA’s holdings in Kinder Morgan were worth $110,428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Evolution Wealth Management Inc. increased its position in Kinder Morgan by 4,166.7% during the 2nd quarter. Evolution Wealth Management Inc. now owns 768 shares of the pipeline company’s stock worth $25,000 after buying an additional 750 shares during the period. Transamerica Financial Advisors LLC boosted its position in shares of Kinder Morgan by 72.9% in the second quarter. Transamerica Financial Advisors LLC now owns 778 shares of the pipeline company’s stock valued at $25,000 after acquiring an additional 328 shares during the period. Frazier Financial Advisors LLC bought a new stake in shares of Kinder Morgan in the first quarter valued at about $28,000. Bell Investment Advisors Inc boosted its position in shares of Kinder Morgan by 112.1% in the second quarter. Bell Investment Advisors Inc now owns 946 shares of the pipeline company’s stock valued at $30,000 after acquiring an additional 500 shares during the period. Finally, Commonwealth Retirement Investments LLC acquired a new position in shares of Kinder Morgan in the second quarter valued at about $32,000. 62.52% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Kinder Morgan

In other news, Chairman Richard D. Kinder acquired 500,000 shares of the firm’s stock in a transaction that occurred on Friday, November 6th. The shares were acquired at an average cost of $29.99 per share, with a total value of $14,995,000.00. Following the completion of the purchase, the chairman directly owned 246,712,353 shares of the company’s stock, valued at $7,398,903,466.47. The trade was a 0.20% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Michael P. Garthwaite sold 1,550 shares of the business’s stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $33.65, for a total transaction of $52,157.50. Following the transaction, the vice president owned 47,313 shares of the company’s stock, valued at approximately $1,592,082.45. This represents a 3.17% 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. 12.72% of the stock is currently owned by insiders.

Kinder Morgan Stock Performance

KMI opened at $29.98 on Monday. The firm has a market cap of $66.80 billion, a P/E ratio of 18.51, a price-to-earnings-growth ratio of 2.09 and a beta of 0.58. Kinder Morgan, Inc. has a 52-week low of $26.03 and a 52-week high of $34.81. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.55 and a current ratio of 0.67. The business’s fifty day moving average is $32.08 and its 200-day moving average is $32.12.

Kinder Morgan (NYSE:KMI – Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The pipeline company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. Kinder Morgan had a return on equity of 10.84% and a net margin of 19.64%. The business had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter in the previous year, the firm earned $0.29 earnings per share. Kinder Morgan’s revenue for the quarter was up 9.3% compared to the same quarter last year. Sell-side analysts expect that Kinder Morgan, Inc. will post 1.57 EPS for the current fiscal year.

Kinder Morgan Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Monday, November 2nd will be given a $0.2975 dividend. The ex-dividend date is Monday, November 2nd. This represents a $1.19 annualized dividend and a dividend yield of 4.0%. Kinder Morgan’s payout ratio is presently 73.46%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Freedom Broker raised shares of Kinder Morgan from a “hold” rating to a “buy” rating and raised their price target for the stock from $34.00 to $39.00 in a research report on Thursday, October 22nd. 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 target price on the stock. Scotiabank raised their target price on shares of Kinder Morgan from $32.00 to $34.00 and gave the stock a “sector perform” rating in a report on Tuesday, October 27th. Royal Bank Of Canada lifted their price target on shares of Kinder Morgan from $36.00 to $38.00 and gave the company a “sector perform” rating in a research report on Wednesday, October 28th. Finally, Jefferies Financial Group lifted their price target on shares of Kinder Morgan from $33.00 to $37.00 and gave the company a “hold” rating in a research report on Thursday, October 22nd. Twelve equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, Kinder Morgan presently has a consensus rating of “Moderate Buy” and a consensus price target of $37.15.

Read Our Latest Analysis on KMI

Kinder Morgan Profile

(Free Report)

Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that transports and stores natural gas, crude oil, refined petroleum products and other energy-related commodities. Its assets include pipelines, terminals and storage facilities serving energy producers, utilities, industrial customers and other markets across the United States and Canada.

The company’s operations include natural gas transportation and storage, refined-products and crude-oil pipelines, bulk and liquids terminals, and carbon dioxide transportation.