Kinder Morgan, Inc. $KMI Shares Sold by Mosley Wealth Management

Mosley Wealth Management reduced its stake in Kinder Morgan, Inc. (NYSE:KMI) by 51.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,225 shares of the pipeline company’s stock after selling 16,267 shares during the period. Mosley Wealth Management’s holdings in Kinder Morgan were worth $487,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in KMI. Evolution Wealth Management Inc. increased its position in Kinder Morgan by 4,166.7% during the second 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. Frazier Financial Advisors LLC purchased a new stake in shares of Kinder Morgan in the first quarter valued at about $28,000. Commonwealth Retirement Investments LLC acquired a new position in Kinder Morgan during the 4th quarter worth approximately $27,000. First Pacific Financial grew its holdings in Kinder Morgan by 9,900.0% during the first quarter. First Pacific Financial now owns 1,000 shares of the pipeline company’s stock worth $34,000 after acquiring an additional 990 shares during the period. Finally, Robinswood Financial LLC acquired a new stake in shares of Kinder Morgan in the first quarter valued at about $34,000. Institutional investors and hedge funds own 62.52% of the company’s stock.

Kinder Morgan Trading Up 1.3%

NYSE:KMI opened at $32.14 on Friday. The stock has a market cap of $71.57 billion, a price-to-earnings ratio of 20.60, a price-to-earnings-growth ratio of 2.57 and a beta of 0.54. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.36 and a current ratio of 0.46. The business’s 50-day simple moving average is $31.97 and its 200 day simple moving average is $32.23. Kinder Morgan, Inc. has a one year low of $25.60 and a one year high of $34.81.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. The business had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.22 billion. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The business’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.28 earnings per share. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. As a group, sell-side analysts predict that Kinder Morgan, Inc. will post 1.54 earnings per share for the current fiscal year.

Kinder Morgan Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be given a $0.2975 dividend. The ex-dividend date is Monday, August 3rd. This represents a $1.19 annualized dividend and a dividend yield of 3.7%. Kinder Morgan’s dividend payout ratio (DPR) is presently 76.28%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on KMI. UBS Group reaffirmed a “buy” rating and set a $43.00 price objective on shares of Kinder Morgan in a report on Monday, June 15th. 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. Wells Fargo & Company upped their price objective on shares of Kinder Morgan from $35.00 to $36.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Morgan Stanley set a $38.00 target price on Kinder Morgan in a research report on Wednesday, July 29th. Finally, Jefferies Financial Group restated a “hold” rating on shares of Kinder Morgan in a 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $35.50.

Insider Buying and Selling at Kinder Morgan

In other Kinder Morgan news, VP Michael P. Garthwaite sold 1,550 shares of the business’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $31.44, for a total transaction of $48,732.00. Following the completion of the sale, the vice president owned 41,743 shares in the company, valued at $1,312,399.92. The trade was a 3.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $31.90, for a total transaction of $196,695.40. Following the sale, the vice president directly owned 164,208 shares of the company’s stock, valued at approximately $5,238,235.20. This represents a 3.62% 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. In the last quarter, insiders have sold 15,432 shares of company stock valued at $493,849. 12.72% of the stock is owned by insiders.

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.