Victory Capital Management Inc. lessened its position in shares of Kinder Morgan, Inc. (NYSE:KMI – Free Report) by 1.4% in the third quarter, HoldingsChannel.com reports. The fund owned 1,706,282 shares of the pipeline company’s stock after selling 23,866 shares during the period. Victory Capital Management Inc.’s holdings in Kinder Morgan were worth $48,305,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in the company. LFA Lugano Financial Advisors SA bought a new stake in Kinder Morgan during the second quarter worth $26,000. CoreFirst Bank & Trust acquired a new stake in shares of Kinder Morgan in the 2nd quarter valued at $35,000. Private Wealth Management Group LLC increased its stake in shares of Kinder Morgan by 94.9% in the 3rd quarter. Private Wealth Management Group LLC now owns 1,222 shares of the pipeline company’s stock valued at $35,000 after purchasing an additional 595 shares during the last quarter. Westside Investment Management Inc. raised its holdings in shares of Kinder Morgan by 314.6% during the 3rd quarter. Westside Investment Management Inc. now owns 1,360 shares of the pipeline company’s stock worth $38,000 after buying an additional 1,032 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Kinder Morgan during the 2nd quarter worth $40,000. Institutional investors and hedge funds own 62.52% of the company’s stock.
Analyst Ratings Changes
KMI has been the topic of several research analyst reports. Barclays reaffirmed an “overweight” rating on shares of Kinder Morgan in a research note on Friday, February 20th. UBS Group reissued a “buy” rating and set a $38.00 target price on shares of Kinder Morgan in a research note on Friday, December 12th. Jefferies Financial Group increased their target price on shares of Kinder Morgan from $29.00 to $31.00 and gave the stock a “hold” rating in a report on Thursday, January 22nd. Stifel Nicolaus lifted their price target on shares of Kinder Morgan from $29.00 to $30.00 and gave the company a “hold” rating in a report on Tuesday, November 11th. Finally, Mizuho upped their price objective on shares of Kinder Morgan from $31.00 to $37.00 and gave the stock an “outperform” rating in a research report on Thursday. Eight investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $33.08.
Trending Headlines about Kinder Morgan
Here are the key news stories impacting Kinder Morgan this week:
- Positive Sentiment: Several sell‑side firms raised targets or forecasts this week (Mizuho raised its target to $37 and issued an outperform; Morgan Stanley and RBC also boosted targets), adding analyst momentum that can attract buyer interest. Read More. Read More.
- Positive Sentiment: Sector coverage is favoring midstream names as defensive, fee‑based income plays amid oil volatility and geopolitical risk; KMI is repeatedly cited as a buy for yield and stability, which can draw dividend-focused flows. Read More. Read More.
- Positive Sentiment: KMI expanded its post‑FID natural gas project backlog to roughly $10 billion (adding about $900M), signaling visible fee‑based projects tied to LNG and power demand that support future cash flows. Read More.
- Positive Sentiment: The company recently paid its quarterly dividend (annualized ~$1.17, ~3.5% yield), reinforcing the income story that attracts yield‑seeking investors. Read More.
- Neutral Sentiment: While backlog expansion is positive, some coverage highlights fair‑value and cash‑flow scrutiny—investors may wait for clearer project execution and returns before assigning more valuation upside. Read More.
- Negative Sentiment: Insider selling: VP John W. Schlosser sold 6,166 shares at ≈$33.67 on March 5. The sale is modest versus his total holdings but can be perceived negatively by some investors. Read More.
- Negative Sentiment: MarketWatch noted KMI underperformed peers on Thursday, a reminder that sector rotation and near‑term relative weakness can drag the share price even amid constructive company headlines. Read More.
Kinder Morgan Stock Performance
Kinder Morgan stock opened at $33.59 on Friday. The business has a 50 day moving average of $30.16 and a 200-day moving average of $28.14. The company has a market capitalization of $74.73 billion, a P/E ratio of 24.52, a P/E/G ratio of 3.09 and a beta of 0.68. Kinder Morgan, Inc. has a 1 year low of $23.94 and a 1 year high of $34.24. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.64 and a quick ratio of 0.50.
Kinder Morgan (NYSE:KMI – Get Free Report) last posted its earnings results on Wednesday, January 21st. The pipeline company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.37 by $0.02. Kinder Morgan had a net margin of 18.04% and a return on equity of 9.02%. The business had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.33 billion. During the same period last year, the company earned $0.30 EPS. The firm’s revenue was up 13.1% compared to the same quarter last year. On average, equities research analysts predict that Kinder Morgan, Inc. will post 1.25 earnings per share for the current year.
Kinder Morgan Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 2nd were paid a $0.2925 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a $1.17 annualized dividend and a dividend yield of 3.5%. Kinder Morgan’s payout ratio is currently 85.40%.
Insider Buying and Selling
In related news, CFO David Patrick Michels sold 20,000 shares of the stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $30.00, for a total value of $600,000.00. Following the completion of the sale, the chief financial officer directly owned 139,428 shares in the company, valued at $4,182,840. This represents a 12.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP John W. Schlosser sold 6,166 shares of Kinder Morgan stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $33.67, for a total value of $207,609.22. Following the transaction, the vice president directly owned 188,872 shares in the company, valued at $6,359,320.24. The trade was a 3.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 46,498 shares of company stock valued at $1,418,248. Company insiders own 12.73% of the company’s stock.
Kinder Morgan Profile
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.
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