Rep. Rick W. Allen Buys Kinder Morgan, Inc. (NYSE:KMI) Shares

Representative Rick W. Allen (Republican-Georgia) recently bought shares of Kinder Morgan, Inc. (NYSE:KMI). In a filing disclosed on March 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in Kinder Morgan stock on February 19th. The trade occurred in the Representative’s “LIVTR” account.

Representative Rick W. Allen also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/19/2026.
• Sold $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 2/19/2026.
• Sold $15,001 – $50,000 in shares of Intuit (NASDAQ:INTU) on 2/18/2026.
• Sold $15,001 – $50,000 in shares of Paychex (NASDAQ:PAYX) on 1/14/2026.
• Sold $50,001 – $100,000 in shares of American Water Works (NYSE:AWK) on 1/14/2026.
• Purchased $15,001 – $50,000 in shares of S&P Global (NYSE:SPGI) on 1/14/2026.
• Purchased $15,001 – $50,000 in shares of Ferguson (NYSE:FERG) on 12/12/2025.
• Sold $1,001 – $15,000 in shares of Netflix (NASDAQ:NFLX) on 12/12/2025.

Kinder Morgan Stock Up 3.3%

Shares of KMI traded up $1.09 during midday trading on Thursday, reaching $33.70. 2,012,837 shares of the stock were exchanged, compared to its average volume of 14,078,458. The company has a market cap of $74.96 billion, a price-to-earnings ratio of 24.56, a P/E/G ratio of 3.07 and a beta of 0.68. The company has a quick ratio of 0.50, a current ratio of 0.64 and a debt-to-equity ratio of 0.95. Kinder Morgan, Inc. has a 12-month low of $23.94 and a 12-month high of $34.24. The firm has a 50 day simple moving average of $31.08 and a 200-day simple moving average of $28.50.

Kinder Morgan (NYSE:KMI) last released its quarterly earnings data on Wednesday, January 21st. The pipeline company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. Kinder Morgan had a return on equity of 9.02% and a net margin of 18.04%.The firm had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.33 billion. During the same quarter in the prior year, the company posted $0.30 earnings per share. The firm’s revenue was up 13.1% on a year-over-year basis. Research analysts forecast that Kinder Morgan, Inc. will post 1.25 EPS for the current year.

Kinder Morgan Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 2nd were given a $0.2925 dividend. This represents a $1.17 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Monday, February 2nd. Kinder Morgan’s dividend payout ratio is presently 85.40%.

Insider Activity at Kinder Morgan

In other news, VP John W. Schlosser sold 6,166 shares of Kinder Morgan stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $33.67, for a total transaction of $207,609.22. Following the sale, the vice president directly owned 188,872 shares in the company, valued at approximately $6,359,320.24. The trade was a 3.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO David Patrick Michels sold 20,000 shares of Kinder Morgan stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $30.00, for a total value of $600,000.00. Following the sale, the chief financial officer directly owned 139,428 shares in the company, valued at $4,182,840. The trade was a 12.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 48,048 shares of company stock worth $1,469,863 in the last ninety days. Company insiders own 12.73% of the company’s stock.

Institutional Trading of Kinder Morgan

Several hedge funds and other institutional investors have recently bought and sold shares of KMI. Cornerstone Planning LLC acquired a new position in shares of Kinder Morgan during the fourth quarter valued at about $231,000. Rockefeller Capital Management L.P. grew its holdings in shares of Kinder Morgan by 3.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,839,433 shares of the pipeline company’s stock worth $78,056,000 after purchasing an additional 98,288 shares in the last quarter. Fund Advisors of America Inc FL bought a new stake in shares of Kinder Morgan during the fourth quarter valued at approximately $650,000. World Investment Advisors lifted its position in Kinder Morgan by 26.4% in the fourth quarter. World Investment Advisors now owns 83,443 shares of the pipeline company’s stock worth $2,294,000 after purchasing an additional 17,429 shares during the period. Finally, Nalls Sherbakoff Group LLC acquired a new stake in Kinder Morgan during the fourth quarter worth $339,000. 62.52% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on KMI. TD Cowen upped their price objective on shares of Kinder Morgan from $34.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. UBS Group reaffirmed a “buy” rating and issued a $38.00 price target on shares of Kinder Morgan in a research report on Friday, December 12th. Barclays reissued an “overweight” rating on shares of Kinder Morgan in a report on Friday, February 20th. Mizuho raised their price objective on Kinder Morgan from $31.00 to $37.00 and gave the company an “outperform” rating in a research note on Thursday, March 5th. Finally, Wells Fargo & Company upped their target price on Kinder Morgan from $34.00 to $35.00 and gave the stock an “overweight” rating in a research report on Friday, March 13th. Eight equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.46.

About Representative Allen

Rick Allen (Republican Party) is a member of the U.S. House, representing Georgia’s 12th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Allen (Republican Party) ran for re-election to the U.S. House to represent Georgia’s 12th Congressional District. He won in the general election on November 5, 2024.

Allen was born in Augusta, Georgia, in 1951. He attended Auburn University in Alabama, graduating in 1973 with a B.S. in building construction.

After earning his degree, Allen worked as an estimator, project administrator and assistant to the president with a construction firm in Augusta. In 1976, he founded his own construction business, R. W. Allen & Associates, Inc. The company operates in six states across the country. In 2008, Allen was presented with the Augusta Metro Chamber of Commerce’s Small Business Person of the Year award.

Kinder Morgan Company 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.