Kinder Morgan (NYSE:KMI) Price Target Cut to $34.00 by Analysts at Jefferies Financial Group

Kinder Morgan (NYSE:KMI) had its target price cut by Jefferies Financial Group from $36.00 to $34.00 in a research note released on Thursday,Benzinga reports. They currently have a hold rating on the pipeline company’s stock.

Other equities analysts have also recently issued research reports about the company. Freedom Capital upgraded Kinder Morgan from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 28th. Wells Fargo & Company boosted their price target on Kinder Morgan from $34.00 to $35.00 and gave the company an “overweight” rating in a research report on Friday, March 13th. Citigroup boosted their price target on Kinder Morgan from $28.00 to $33.00 and gave the company a “neutral” rating in a research report on Monday, March 30th. Scotiabank lifted their price objective on Kinder Morgan from $31.00 to $32.00 and gave the company a “sector perform” rating in a report on Thursday, March 26th. Finally, Truist Financial assumed coverage on Kinder Morgan in a report on Tuesday, March 24th. They issued a “hold” rating and a $38.00 price objective on the stock. Seven research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, Kinder Morgan currently has a consensus rating of “Hold” and a consensus price target of $34.20.

Kinder Morgan Stock Performance

Shares of KMI stock opened at $31.70 on Thursday. The stock has a market capitalization of $70.52 billion, a PE ratio of 21.27, a price-to-earnings-growth ratio of 2.89 and a beta of 0.64. Kinder Morgan has a 52-week low of $25.60 and a 52-week high of $34.73. The stock’s 50-day moving average price is $32.92 and its 200 day moving average price is $29.46. 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 (NYSE:KMI) last issued its quarterly earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.10. The firm had revenue of $4.83 billion for the quarter, compared to analysts’ expectations of $4.55 billion. Kinder Morgan had a return on equity of 9.93% and a net margin of 18.92%.The firm’s revenue for the quarter was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.34 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. As a group, equities research analysts forecast that Kinder Morgan will post 1.4 EPS for the current year.

Kinder Morgan Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Monday, May 4th will be paid a dividend of $0.2975 per share. This is a positive change from Kinder Morgan’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Monday, May 4th. This represents a $1.19 annualized dividend and a dividend yield of 3.8%. Kinder Morgan’s dividend payout ratio is presently 85.40%.

Insider Transactions at Kinder Morgan

In other news, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $32.93, for a total transaction of $203,046.38. Following the sale, the vice president owned 182,706 shares of the company’s stock, valued at $6,016,508.58. The trade was a 3.26% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Anthony B. Ashley sold 8,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $31.95, for a total value of $255,600.00. Following the sale, the vice president directly owned 100,146 shares in the company, valued at $3,199,664.70. This trade represents a 7.40% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 29,598 shares of company stock worth $952,572 over the last quarter. Insiders own 12.72% of the company’s stock.

Institutional Investors Weigh In On Kinder Morgan

Institutional investors have recently modified their holdings of the company. Board of the Pension Protection Fund acquired a new position in shares of Kinder Morgan during the 4th quarter worth approximately $27,000. Commonwealth Retirement Investments LLC acquired a new position in shares of Kinder Morgan during the 4th quarter worth approximately $27,000. First Pacific Financial raised its position in shares of Kinder Morgan by 9,900.0% during the 1st quarter. First Pacific Financial now owns 1,000 shares of the pipeline company’s stock worth $34,000 after purchasing an additional 990 shares during the last quarter. Acumen Wealth Advisors LLC acquired a new position in shares of Kinder Morgan during the 4th quarter worth approximately $28,000. Finally, Dorato Capital Management acquired a new position in shares of Kinder Morgan during the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 62.52% of the company’s stock.

Key Kinder Morgan News

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

• Positive Sentiment: KMI beat Q1 estimates — non‑GAAP EPS $0.48 vs. $0.38 estimate and revenue $4.83B vs. $4.55B — driven by higher natural‑gas pipeline volumes and a ~$10.1B project backlog, supporting near‑term cash flow. Reuters: Q1 profit beat
• Positive Sentiment: Board approved a quarterly dividend of $0.2975 (annualized ~$1.19), a ~1.7% increase implying a ~3.7–3.8% yield; management highlighted dividend support from stable fee‑based cash flows. Press release
• Positive Sentiment: Analyst/commentary pieces emphasize structural tailwinds from rising power demand tied to AI data centers, which could lift gas and power volumes over time, supporting long‑term growth prospects. Barron’s: AI power demand
• Positive Sentiment: Strategic growth moves: KMI will acquire the Monument natural gas system (adds takeaway capacity and contracted cash flow) and is partnering on a California gasoline pipeline with Phillips 66 — incremental asset and revenue diversification. OGJ: Monument acquisition
• Neutral Sentiment: Company set FY2026 EPS guidance at $1.36, below the ~$1.39 consensus — management maintained guidance but the slight shortfall tempers the beat. KMI press materials / slide deck
• Neutral Sentiment: Bullish writeups (Seeking Alpha, MarketBeat commentary) argue a longer‑term path to $40 based on volume growth and valuation, but these are opinion pieces rather than changes in formal estimates. Seeking Alpha: Upgrade/long‑term case
• Negative Sentiment: Some broker pushes back: Jefferies trimmed its price target from $36 to $34 and Wolfe Research downgraded KMI from strong‑buy to hold — analyst caution and lower upside targets can pressure the stock. Benzinga (Jefferies note)

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.