Maryland State Retirement & Pension System Buys 71,982 Shares of Kinder Morgan, Inc. $KMI

Maryland State Retirement & Pension System increased its position in Kinder Morgan, Inc. (NYSE:KMI) by 3.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,908,654 shares of the pipeline company’s stock after buying an additional 71,982 shares during the period. Kinder Morgan accounts for approximately 1.1% of Maryland State Retirement & Pension System’s investment portfolio, making the stock its 15th biggest holding. Maryland State Retirement & Pension System owned about 0.09% of Kinder Morgan worth $54,034,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in KMI. Norges Bank acquired a new position in shares of Kinder Morgan during the second quarter worth approximately $1,162,802,000. Merewether Investment Management LP bought a new stake in Kinder Morgan during the 2nd quarter valued at $138,477,000. 59 North Capital Management LP raised its holdings in Kinder Morgan by 54.5% during the second quarter. 59 North Capital Management LP now owns 10,597,380 shares of the pipeline company’s stock worth $311,563,000 after buying an additional 3,739,398 shares during the last quarter. Marshall Wace LLP lifted its stake in shares of Kinder Morgan by 364.8% in the second quarter. Marshall Wace LLP now owns 4,165,348 shares of the pipeline company’s stock valued at $122,461,000 after buying an additional 3,269,284 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Kinder Morgan by 1.5% during the second quarter. Vanguard Group Inc. now owns 207,219,481 shares of the pipeline company’s stock valued at $6,092,253,000 after buying an additional 3,070,609 shares during the last quarter. Institutional investors own 62.52% of the company’s stock.

Insider Transactions at Kinder Morgan

In other news, Chairman Richard D. Kinder acquired 1,000,000 shares of Kinder Morgan stock in a transaction on Monday, October 27th. The stock was acquired at an average cost of $25.96 per share, with a total value of $25,960,000.00. Following the completion of the acquisition, the chairman owned 246,212,353 shares in the company, valued at approximately $6,391,672,683.88. This trade represents a 0.41% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Amy W. Chronis bought 3,800 shares of the stock in a transaction on Friday, October 31st. The stock was purchased at an average price of $26.23 per share, for a total transaction of $99,674.00. Following the completion of the purchase, the director owned 39,051 shares of the company’s stock, valued at approximately $1,024,307.73. This trade represents a 10.78% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders purchased 1,004,287 shares of company stock worth $26,072,463 and sold 18,498 shares worth $507,462. 12.73% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Mizuho lowered their target price on shares of Kinder Morgan from $32.00 to $31.00 and set an “outperform” rating on the stock in a report on Friday, November 14th. Morgan Stanley set a $29.00 target price on Kinder Morgan in a report on Tuesday, December 23rd. UBS Group reiterated a “buy” rating and set a $38.00 price target on shares of Kinder Morgan in a report on Friday, December 12th. Royal Bank Of Canada increased their price target on Kinder Morgan from $28.00 to $30.00 and gave the company a “sector perform” rating in a research report on Thursday, November 13th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Kinder Morgan in a report on Wednesday, October 8th. Nine investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $31.33.

Kinder Morgan Stock Up 1.9%

Shares of NYSE:KMI opened at $27.93 on Friday. Kinder Morgan, Inc. has a 1 year low of $23.94 and a 1 year high of $31.48. The company has a market capitalization of $62.14 billion, a PE ratio of 22.89, a price-to-earnings-growth ratio of 2.31 and a beta of 0.69. The business has a fifty day moving average price of $27.10 and a two-hundred day moving average price of $27.20. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.63 and a quick ratio of 0.49.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings results on Wednesday, October 22nd. The pipeline company reported $0.29 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.29. Kinder Morgan had a net margin of 16.61% and a return on equity of 8.57%. The company had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $3.98 billion. During the same period in the previous year, the firm earned $0.25 EPS. The firm’s quarterly revenue was up 12.1% on a year-over-year basis. Kinder Morgan has set its FY 2025 guidance at 1.270-1.270 EPS. Analysts forecast that Kinder Morgan, Inc. will post 1.25 earnings per share for the current year.

Kinder Morgan Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Monday, November 3rd were given a dividend of $0.2925 per share. This represents a $1.17 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, November 3rd. Kinder Morgan’s dividend payout ratio is currently 95.90%.

Key Headlines Impacting Kinder Morgan

Here are the key news stories impacting Kinder Morgan this week:

• Positive Sentiment: Phillips 66 and Kinder Morgan launched an open season for remaining capacity on the Western Gateway project — this could translate into new committed volumes and longer‑term fee revenue if shippers sign up. Phillips 66, Kinder Morgan launch open season for remaining Western Gateway capacity
• Positive Sentiment: Market writeups note Kinder Morgan outperformed while the broader market dipped — commentators point to its defensive, yield‑oriented profile and steady cash flows as reasons investors bought the stock. Why the Market Dipped But Kinder Morgan (KMI) Gained Today
• Positive Sentiment: A Seeking Alpha feature pitches Kinder Morgan as a value play tied to AI-driven infrastructure themes — a bullish narrative that can attract investors looking for secular stories combined with dividend income. Kinder Morgan: An AI Value Play
• Positive Sentiment: Coverage noting high sector yields is driving investor interest in energy pipeline names; yield attraction can support multiple expansion for KMI relative to more cyclical energy equities. Energy Yields Up to 8.4% While Herd Chases Orinoco Pipe Dream
• Neutral Sentiment: Brokers’ commentary pieces reiterate analyst coverage and rating considerations — useful background, but not a new, firm-level catalyst on its own. Brokers Suggest Investing in Kinder Morgan (KMI): Read This Before Placing a Bet
• Neutral Sentiment: Pre‑earnings pieces summarize Wall Street Q4 estimates and key metrics investors will watch — these set expectations but outcomes will determine the next move. Curious about Kinder Morgan (KMI) Q4 Performance? Explore Wall Street Estimates for Key Metrics
• Neutral Sentiment: Seeking Alpha’s earnings preview discusses potential upside and execution risks heading into results — useful for positioning but not definitive. Kinder Morgan: The Setup Looks Easy, But It Isn’t (Earnings Preview)
• Neutral Sentiment: Company has scheduled its Q4/2025 earnings release and webcast — a near‑term catalyst that could drive volatility depending on results and guidance. Kinder Morgan (KMI) to Release Quarterly Earnings on Wednesday
• Neutral Sentiment: Globe and Mail notice of the earnings webcast — reiterates timing for investor access to management commentary. Kinder Morgan Announces Fourth Quarter ‘25 Earnings Webcast
• Negative Sentiment: Potential constraints: FY‑2025 guidance is essentially flat (1.27 EPS), and balance‑sheet/liquidity metrics (debt/equity ~0.98; current ratio ~0.63) may limit upside if growth disappoints — earnings results or guidance could trigger a pullback.

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.