Kinder Morgan, Inc. (NYSE:KMI – Get Free Report)’s share price rose 1.2% during mid-day trading on Thursday. The company traded as high as $30.66 and last traded at $30.4990. 11,131,534 shares changed hands during mid-day trading, a decline of 9% from the average session volume of 12,166,116 shares. The stock had previously closed at $30.15.
Kinder Morgan News Summary
Here are the key news stories impacting Kinder Morgan this week:
- Positive Sentiment: Kinder Morgan is advancing the Western Gateway and Southeast pipeline expansion projects as rising natural-gas demand from data centers creates a potential long-term growth driver. Increased infrastructure spending could expand KMI’s fee-based cash flow and earnings outlook. Kinder Morgan Advances Western Gateway and Southeast Pipeline Expansions
- Positive Sentiment: Analyst and media commentary continues to identify KMI as a relatively resilient midstream operator. Its fee-based revenues and long-term contracts reduce direct exposure to oil-price swings, while the AI and data-center build-out may increase demand for natural-gas transportation. Beyond Oil Price Swings: Three Midstream Stocks Built for Resilience
- Positive Sentiment: Jim Cramer recommended buying Kinder Morgan, describing the energy stock as undervalued. Such endorsement may attract additional retail-investor interest, though it does not change the company’s underlying fundamentals. Jim Cramer Recommends Buying Kinder Morgan
- Neutral Sentiment: KMI has attracted substantial online investor attention, prompting renewed discussion of its valuation, earnings outlook, dividend profile and growth opportunities. The attention itself is not a fundamental catalyst. Kinder Morgan Is Attracting Investor Attention
- Negative Sentiment: Rising Treasury yields are weighing on dividend-paying pipeline and utility stocks by making bonds more competitive for income investors. This broader rate pressure can limit KMI’s valuation and may explain why the stock has recently lagged its moving averages. Treasury Yields Pressure Dividend Stocks
Wall Street Analyst Weigh In
KMI has been the subject of several recent analyst reports. Citigroup restated a “neutral” rating on shares of Kinder Morgan in a research note on Wednesday, July 29th. Royal Bank Of Canada upped their price target on Kinder Morgan from $35.00 to $36.00 and gave the stock a “sector perform” rating in a research report on Tuesday, September 22nd. Capital One Financial began coverage on Kinder Morgan in a report on Tuesday, September 22nd. They set an “equal weight” rating and a $36.00 price objective for the company. Stifel Nicolaus initiated coverage on Kinder Morgan in a research note on Wednesday, September 9th. They set a “hold” rating and a $35.00 target price on the stock. Finally, Morgan Stanley set a $33.00 target price on Kinder Morgan in a research report on Thursday, September 17th. Eight equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, Kinder Morgan presently has a consensus rating of “Hold” and an average price target of $35.77.
Kinder Morgan Stock Up 1.8%
The company has a current ratio of 0.46, a quick ratio of 0.36 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $69.18 billion, a PE ratio of 19.91, a price-to-earnings-growth ratio of 2.15 and a beta of 0.59. The business’s 50-day simple moving average is $31.45 and its 200-day simple moving average is $32.09.
Kinder Morgan (NYSE:KMI – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The pipeline company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.31 by $0.06. The business had revenue of $4.48 billion during the quarter, compared to analysts’ expectations of $4.22 billion. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The business’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.28 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. As a group, equities research analysts anticipate that Kinder Morgan, Inc. will post 1.55 EPS for the current fiscal year.
Kinder Morgan Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 3rd were issued a $0.2975 dividend. This represents a $1.19 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Monday, August 3rd. Kinder Morgan’s dividend payout ratio is presently 76.28%.
Insider Buying and Selling at Kinder Morgan
In other news, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $31.90, for a total value of $196,695.40. Following the completion of the transaction, the vice president owned 164,208 shares of the company’s stock, valued at $5,238,235.20. The trade was a 3.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael P. Garthwaite sold 1,550 shares of the company’s stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $30.80, for a total value of $47,740.00. Following the completion of the sale, the vice president owned 48,863 shares in the company, valued at $1,504,980.40. The trade was a 3.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 12.72% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of KMI. Klingman & Associates LLC increased its holdings in shares of Kinder Morgan by 3.9% in the 1st quarter. Klingman & Associates LLC now owns 8,498 shares of the pipeline company’s stock valued at $285,000 after acquiring an additional 319 shares during the period. TD Capital Management LLC boosted its stake in Kinder Morgan by 36.0% during the 4th quarter. TD Capital Management LLC now owns 1,220 shares of the pipeline company’s stock worth $34,000 after purchasing an additional 323 shares during the period. Transamerica Financial Advisors LLC grew its position in Kinder Morgan by 72.9% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 778 shares of the pipeline company’s stock worth $25,000 after purchasing an additional 328 shares during the last quarter. Abel Hall LLC grew its position in Kinder Morgan by 4.0% during the 1st quarter. Abel Hall LLC now owns 8,588 shares of the pipeline company’s stock worth $288,000 after purchasing an additional 330 shares during the last quarter. Finally, Waddell & Associates LLC increased its stake in Kinder Morgan by 1.3% in the fourth quarter. Waddell & Associates LLC now owns 26,206 shares of the pipeline company’s stock valued at $720,000 after purchasing an additional 336 shares during the period. 62.52% of the stock is currently owned by hedge funds and other 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.
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