Post Resch Tallon Group Inc. Takes Position in Kinder Morgan, Inc. $KMI

Post Resch Tallon Group Inc. purchased a new position in shares of Kinder Morgan, Inc. (NYSE:KMI) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 17,491 shares of the pipeline company’s stock, valued at approximately $559,000.

A number of other institutional investors have also recently bought and sold shares of the business. Foster Group Inc. raised its stake in Kinder Morgan by 8.9% in the second quarter. Foster Group Inc. now owns 6,951 shares of the pipeline company’s stock valued at $222,000 after buying an additional 566 shares during the period. Mirador Capital Partners LP boosted its stake in shares of Kinder Morgan by 0.4% during the 2nd quarter. Mirador Capital Partners LP now owns 340,265 shares of the pipeline company’s stock worth $10,878,000 after acquiring an additional 1,230 shares during the period. Integral Investment Advisors Inc. acquired a new position in shares of Kinder Morgan during the 2nd quarter worth approximately $355,000. GAMMA Investing LLC increased its holdings in shares of Kinder Morgan by 23.1% during the 2nd quarter. GAMMA Investing LLC now owns 60,038 shares of the pipeline company’s stock worth $1,919,000 after acquiring an additional 11,285 shares during the last quarter. Finally, CoreCap Advisors LLC raised its stake in Kinder Morgan by 26.8% in the 2nd quarter. CoreCap Advisors LLC now owns 14,649 shares of the pipeline company’s stock valued at $468,000 after acquiring an additional 3,099 shares during the period. Institutional investors and hedge funds own 62.52% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Morgan Stanley set a $38.00 price target on Kinder Morgan in a report on Wednesday, July 29th. Wolfe Research lowered shares of Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Weiss Ratings cut shares of Kinder Morgan from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Tuesday, June 23rd. Citigroup reaffirmed a “neutral” rating on shares of Kinder Morgan in a report on Wednesday, July 29th. Finally, Jefferies Financial Group restated a “hold” rating on shares of Kinder Morgan in a research report on Thursday, July 23rd. Eight equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, Kinder Morgan currently has an average rating of “Hold” and an average price target of $35.50.

Kinder Morgan Stock Performance

Shares of NYSE KMI opened at $31.12 on Thursday. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.46 and a quick ratio of 0.36. The firm has a market cap of $69.30 billion, a price-to-earnings ratio of 19.95, a P/E/G ratio of 2.54 and a beta of 0.54. The stock’s fifty day moving average price is $31.96 and its two-hundred day moving average price is $32.11. Kinder Morgan, Inc. has a one year low of $25.60 and a one year high of $34.81.

Kinder Morgan (NYSE:KMI) last announced its earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share (EPS) for the quarter, beating 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 company 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 business posted $0.28 earnings per share. Kinder Morgan’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. On average, equities analysts forecast that Kinder Morgan, Inc. will post 1.54 EPS for the current year.

Kinder Morgan Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 3rd will be issued a $0.2975 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $1.19 annualized dividend and a yield of 3.8%. Kinder Morgan’s payout ratio is currently 76.28%.

Insider Buying and Selling at Kinder Morgan

In related news, VP John W. Schlosser sold 6,166 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $31.83, for a total value of $196,263.78. Following the transaction, the vice president owned 170,374 shares in the company, valued at approximately $5,423,004.42. This trade represents a 3.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael P. Garthwaite sold 1,550 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $31.44, for a total value of $48,732.00. Following the completion of the transaction, the vice president directly owned 41,743 shares of the company’s stock, valued at approximately $1,312,399.92. This trade represents a 3.58% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 15,432 shares of company stock valued at $493,849 over the last ninety days. Insiders own 12.72% of the company’s stock.

About Kinder Morgan

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.