Kinder Morgan, Inc. (NYSE:KMI) Stock Has Consensus Price Target of $35.77 According to Analysts

Shares of Kinder Morgan, Inc. (NYSE:KMI) have been given an average recommendation of “Moderate Buy” by the twenty-two brokerages that are presently covering the firm, Marketbeat reports. Eleven equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $35.47.

A number of research analysts have recently commented on the stock. Jefferies Financial Group cut their price objective on shares of Kinder Morgan from $35.00 to $33.00 and set a “hold” rating for the company in a research report on Thursday, September 17th. Melius Research assumed coverage on shares of Kinder Morgan in a research note on Tuesday, September 22nd. They issued a “buy” rating and a $38.00 target price for the company. Wells Fargo & Company lifted their target price on Kinder Morgan from $35.00 to $36.00 and gave the stock an “overweight” rating in a research report on Thursday, July 23rd. Citigroup reissued a “neutral” rating and set a $34.00 target price (up from $33.00) on shares of Kinder Morgan in a research report on Wednesday, July 29th. Finally, Capital One Financial initiated coverage on Kinder Morgan in a research note on Tuesday, September 22nd. They set an “equal weight” rating and a $36.00 price target on the stock.

Kinder Morgan Trading Up 1.7%

Shares of KMI stock opened at $33.06 on Friday. The firm has a market capitalization of $73.61 billion, a P/E ratio of 21.19, a price-to-earnings-growth ratio of 2.29 and a beta of 0.59. Kinder Morgan has a 1 year low of $25.60 and a 1 year high of $34.81. The firm’s fifty day simple moving average is $31.51 and its 200 day simple moving average is $32.03. The company has a current ratio of 0.46, a quick ratio of 0.36 and a debt-to-equity ratio of 0.91.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.31 by $0.06. The firm 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 business’s revenue was up 10.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.28 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. As a group, sell-side analysts predict that Kinder Morgan will post 1.55 EPS for the current year.

Kinder Morgan Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.2975 per share. This represents a $1.19 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, August 3rd. Kinder Morgan’s dividend payout ratio (DPR) is presently 76.28%.

Insider Buying and Selling at Kinder Morgan

In other news, VP Michael Garthwaite sold 1,550 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The stock was sold at an average price of $30.80, for a total transaction of $47,740.00. Following the sale, the vice president directly owned 48,863 shares in the company, valued at approximately $1,504,980.40. The trade was a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 12.72% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. BlackRock Inc. increased its holdings in shares of Kinder Morgan by 1.1% in the second quarter. BlackRock Inc. now owns 175,834,246 shares of the pipeline company’s stock valued at $5,621,421,000 after purchasing an additional 1,875,143 shares in the last quarter. State Street Corp raised its position in Kinder Morgan by 4.3% in the 2nd quarter. State Street Corp now owns 130,863,419 shares of the pipeline company’s stock worth $4,183,704,000 after purchasing an additional 5,361,578 shares during the last quarter. Bank of America Corp DE lifted its holdings in Kinder Morgan by 1.4% during the 1st quarter. Bank of America Corp DE now owns 62,018,394 shares of the pipeline company’s stock worth $2,079,477,000 after buying an additional 836,571 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in Kinder Morgan by 2.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 17,237,384 shares of the pipeline company’s stock worth $577,998,000 after buying an additional 448,130 shares in the last quarter. Finally, Amundi lifted its holdings in Kinder Morgan by 5.8% during the 1st quarter. Amundi now owns 15,130,700 shares of the pipeline company’s stock worth $507,332,000 after buying an additional 831,125 shares in the last quarter. 62.52% of the stock is owned by institutional investors.

About Kinder Morgan

Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and storage facilities. Its assets primarily transport and store natural gas, crude oil, refined petroleum products, and carbon dioxide, supporting energy producers, utilities, refiners, industrial companies, and other customers.

The company’s natural gas business includes interstate and intrastate pipelines, gathering and processing systems, and underground storage facilities.