Van Hulzen Asset Management LLC lifted its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI – Free Report) by 10.1% in the second quarter, HoldingsChannel.com reports. The firm owned 277,516 shares of the pipeline company’s stock after acquiring an additional 25,525 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in Kinder Morgan were worth $8,872,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of the stock. Partners Group Holding AG increased its stake in Kinder Morgan by 45.0% during the fourth quarter. Partners Group Holding AG now owns 291,741 shares of the pipeline company’s stock worth $8,020,000 after purchasing an additional 90,593 shares during the period. GSA Capital Partners LLP lifted its holdings in Kinder Morgan by 152.2% during the 4th quarter. GSA Capital Partners LLP now owns 54,683 shares of the pipeline company’s stock worth $1,503,000 after buying an additional 32,998 shares in the last quarter. OP Asset Management Ltd purchased a new position in Kinder Morgan in the 1st quarter valued at approximately $6,412,000. USS Investment Management Ltd grew its stake in shares of Kinder Morgan by 10.3% in the first quarter. USS Investment Management Ltd now owns 421,306 shares of the pipeline company’s stock worth $14,116,000 after acquiring an additional 39,418 shares in the last quarter. Finally, Cerity Partners LLC increased its position in shares of Kinder Morgan by 8.8% during the fourth quarter. Cerity Partners LLC now owns 1,056,258 shares of the pipeline company’s stock worth $29,037,000 after acquiring an additional 85,625 shares during the period. Institutional investors and hedge funds own 62.52% of the company’s stock.
Analysts Set New Price Targets
A number of research firms recently weighed in on KMI. Jefferies Financial Group restated a “hold” rating on shares of Kinder Morgan in a research note on Thursday, July 23rd. UBS Group reaffirmed a “buy” rating and set a $43.00 price target on shares of Kinder Morgan in a report on Monday, June 15th. Wells Fargo & Company increased their target price 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. Morgan Stanley set a $38.00 target price on Kinder Morgan in a report on Wednesday, July 29th. Finally, Stifel Nicolaus set a $35.00 price target on Kinder Morgan in a report on Wednesday. Eight research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Kinder Morgan has an average rating of “Hold” and an average price target of $35.67.
Kinder Morgan Stock Performance
NYSE:KMI opened at $31.45 on Thursday. The company has a quick ratio of 0.36, a current ratio of 0.46 and a debt-to-equity ratio of 0.91. The firm’s fifty day simple moving average is $31.93 and its 200-day simple moving average is $32.35. Kinder Morgan, Inc. has a fifty-two week low of $25.60 and a fifty-two week high of $34.81. The stock has a market cap of $70.03 billion, a PE ratio of 20.16, a price-to-earnings-growth ratio of 2.26 and a beta of 0.56.
Kinder Morgan (NYSE:KMI – Get Free Report) last posted its quarterly 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. The company had revenue of $4.48 billion during 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 company’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period last year, the firm earned $0.28 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Analysts expect that Kinder Morgan, Inc. will post 1.55 earnings per share for the current fiscal year.
Kinder Morgan Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 3rd were paid a $0.2975 dividend. This represents a $1.19 annualized dividend and a yield of 3.8%. The ex-dividend date was Monday, August 3rd. Kinder Morgan’s dividend payout ratio is presently 76.28%.
Insider Transactions at Kinder Morgan
In other Kinder Morgan news, VP John Schlosser sold 6,166 shares of Kinder Morgan stock in a transaction on Monday, July 6th. The shares were sold at an average price of $31.90, for a total value of $196,695.40. Following the transaction, the vice president owned 164,208 shares in the company, valued at $5,238,235.20. This trade represents a 3.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 on 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 owned 41,743 shares in the company, valued at $1,312,399.92. The trade was a 3.58% 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. Corporate insiders own 12.72% of the company’s stock.
About Kinder Morgan
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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