Equities researchers at Capital One Financial started coverage on shares of Kinder Morgan (NYSE:KMI – Get Free Report) in a research note issued on Tuesday, Briefing.com reports. The firm set an “equal weight” rating and a $36.00 price target on the pipeline company’s stock. Capital One Financial‘s price target would suggest a potential upside of 13.46% from the stock’s current price.
A number of other research analysts have also issued reports on the company. Stifel Nicolaus assumed coverage on Kinder Morgan in a report on Wednesday, September 9th. They issued a “hold” rating and a $35.00 target price for the company. Jefferies Financial Group reduced their target price on shares of Kinder Morgan from $35.00 to $33.00 and set a “hold” rating on the stock in a report on Thursday. Wells Fargo & Company lifted their price target on shares of Kinder Morgan from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Melius Research assumed coverage on shares of Kinder Morgan in a research report on Tuesday. They issued a “buy” rating and a $38.00 price objective on the stock. Finally, Morgan Stanley set a $33.00 price objective on shares of Kinder Morgan in a report on Thursday. Eight research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $35.69.
View Our Latest Research Report on Kinder Morgan
Kinder Morgan Trading Down 0.3%
Kinder Morgan (NYSE:KMI – Get Free Report) last announced its earnings results 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. The firm had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.22 billion. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.28 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Equities research analysts anticipate that Kinder Morgan will post 1.55 EPS for the current fiscal year.
Insider Activity
In other Kinder Morgan news, VP John Schlosser sold 6,166 shares of the firm’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $31.90, for a total transaction of $196,695.40. Following the transaction, the vice president owned 164,208 shares of the company’s stock, valued at approximately $5,238,235.20. This trade represents a 3.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $30.80, for a total value of $47,740.00. Following the sale, the vice president owned 48,863 shares in the company, valued at $1,504,980.40. This trade represents a 3.07% 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. Company insiders own 12.72% of the company’s stock.
Institutional Investors Weigh In On Kinder Morgan
Several large investors have recently modified their holdings of KMI. Evolution Wealth Management Inc. increased its stake in Kinder Morgan by 4,166.7% in the second quarter. Evolution Wealth Management Inc. now owns 768 shares of the pipeline company’s stock valued at $25,000 after purchasing an additional 750 shares during the period. Transamerica Financial Advisors LLC lifted its holdings in shares of Kinder Morgan by 72.9% during the second quarter. Transamerica Financial Advisors LLC now owns 778 shares of the pipeline company’s stock worth $25,000 after purchasing an additional 328 shares during the period. Commonwealth Retirement Investments LLC acquired a new position in Kinder Morgan in the 4th quarter valued at $27,000. Frazier Financial Advisors LLC purchased a new position in Kinder Morgan during the 1st quarter worth $28,000. Finally, Basepoint Wealth LLC acquired a new stake in shares of Kinder Morgan in the 4th quarter worth $30,000. 62.52% of the stock is owned by institutional investors and hedge funds.
Kinder Morgan Company Profile
Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and storage facilities across North America. Its assets transport and store natural gas, crude oil, refined petroleum products, renewable fuels, and carbon dioxide.
The company’s natural gas business supports gathering, processing, transportation, and storage, while its products pipeline network serves refineries, airports, utilities, and other industrial customers. Kinder Morgan also operates bulk and liquids terminals that handle energy products and other commodities, along with carbon dioxide infrastructure used in enhanced oil recovery and related applications.
Founded in 1997, Kinder Morgan has expanded through acquisitions and the development of energy infrastructure in the United States and Canada.
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