Houlihan Financial Resource Group Ltd. Grows Stake in Kinder Morgan, Inc. $KMI

Houlihan Financial Resource Group Ltd. grew its position in Kinder Morgan, Inc. (NYSE:KMI) by 122.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,205 shares of the pipeline company’s stock after purchasing an additional 28,740 shares during the quarter. Houlihan Financial Resource Group Ltd.’s holdings in Kinder Morgan were worth $1,500,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Personal CFO Solutions LLC grew its holdings in Kinder Morgan by 4.5% in the fourth quarter. Personal CFO Solutions LLC now owns 7,896 shares of the pipeline company’s stock worth $217,000 after purchasing an additional 340 shares during the last quarter. Red Door Wealth Management LLC grew its holdings in Kinder Morgan by 2.2% in the fourth quarter. Red Door Wealth Management LLC now owns 17,772 shares of the pipeline company’s stock worth $489,000 after purchasing an additional 389 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its holdings in Kinder Morgan by 5.6% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 7,564 shares of the pipeline company’s stock worth $208,000 after purchasing an additional 399 shares during the last quarter. Sagespring Wealth Partners LLC grew its holdings in Kinder Morgan by 1.6% in the fourth quarter. Sagespring Wealth Partners LLC now owns 26,503 shares of the pipeline company’s stock worth $729,000 after purchasing an additional 405 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. grew its holdings in Kinder Morgan by 22.4% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 2,266 shares of the pipeline company’s stock worth $62,000 after purchasing an additional 414 shares during the last quarter. 62.52% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $32.93, for a total transaction of $203,046.38. Following the completion of the transaction, the vice president directly owned 182,706 shares in the company, valued at $6,016,508.58. The trade was a 3.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael P. Garthwaite sold 1,550 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $33.65, for a total transaction of $52,157.50. Following the transaction, the vice president owned 43,293 shares of the company’s stock, valued at $1,456,809.45. This represents a 3.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 23,148 shares of company stock valued at $763,434 over the last 90 days. 12.72% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have weighed in on KMI shares. Stifel Nicolaus boosted their target price on shares of Kinder Morgan from $30.00 to $33.00 and gave the stock a “hold” rating in a research report on Friday, March 13th. Royal Bank Of Canada boosted their target price on shares of Kinder Morgan from $32.00 to $35.00 and gave the stock a “sector perform” rating in a research report on Monday, March 30th. Wells Fargo & Company boosted their target price on shares of Kinder Morgan from $34.00 to $35.00 and gave the stock an “overweight” rating in a research report on Friday, March 13th. Weiss Ratings raised shares of Kinder Morgan from a “buy (b)” rating to a “buy (a-)” rating in a research report on Monday, May 4th. Finally, Truist Financial started coverage on shares of Kinder Morgan in a research report on Tuesday, March 24th. They set a “hold” rating and a $38.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Kinder Morgan presently has a consensus rating of “Moderate Buy” and an average price target of $34.20.

Kinder Morgan Trading Down 0.9%

NYSE KMI opened at $31.92 on Friday. The company has a market capitalization of $71.02 billion, a PE ratio of 21.42, a P/E/G ratio of 2.69 and a beta of 0.56. The company has a fifty day moving average of $32.73 and a 200 day moving average of $30.43. Kinder Morgan, Inc. has a 1 year low of $25.60 and a 1 year high of $34.81. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.52 and a quick ratio of 0.41.

Kinder Morgan (NYSE:KMI) last posted its earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.10. The company had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.55 billion. Kinder Morgan had a net margin of 18.92% and a return on equity of 9.90%. The firm’s quarterly revenue was up 13.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.34 earnings per share. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Research analysts forecast that Kinder Morgan, Inc. will post 1.49 earnings per share for the current year.

Kinder Morgan Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Monday, May 4th were given a dividend of $0.2975 per share. This is a boost from Kinder Morgan’s previous quarterly dividend of $0.29. This represents a $1.19 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Monday, May 4th. Kinder Morgan’s payout ratio is presently 79.87%.

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.