Freedom Broker Upgrades Kinder Morgan (NYSE:KMI) to “Buy”

Kinder Morgan (NYSE:KMI) was upgraded by stock analysts at Freedom Broker from a “hold” rating to a “buy” rating in a report released on Thursday, Benzinga reports. The firm presently has a $39.00 price target on the pipeline company’s stock, up from their previous price target of $34.00. Freedom Broker‘s price target suggests a potential upside of 15.80% from the stock’s current price.

Several other equities research analysts have also issued reports on KMI. BMO Capital Markets raised their price target on shares of Kinder Morgan from $36.00 to $37.00 and gave the stock an “outperform” rating in a research note on Thursday. Weiss Ratings downgraded Kinder Morgan from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Royal Bank Of Canada increased their price objective on Kinder Morgan from $35.00 to $36.00 and gave the company a “sector perform” rating in a report on Tuesday, September 22nd. Jefferies Financial Group reaffirmed a “hold” rating on shares of Kinder Morgan in a research report on Thursday. Finally, Capital One Financial began coverage on Kinder Morgan in a research note on Tuesday, September 22nd. They set an “equal weight” rating and a $36.00 price target for the company. Twelve analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $36.35.

Kinder Morgan Stock Down 0.9%

KMI traded down $0.29 during midday trading on Thursday, reaching $33.68. 30,282,945 shares of the company were exchanged, compared to its average volume of 12,285,607. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.36 and a current ratio of 0.46. The company’s fifty day moving average price is $31.82 and its 200 day moving average price is $32.03. The company has a market cap of $74.99 billion, a price-to-earnings ratio of 21.59, a price-to-earnings-growth ratio of 2.36 and a beta of 0.59. Kinder Morgan has a one year low of $25.60 and a one year high of $34.81.

Kinder Morgan (NYSE:KMI) last announced its earnings results on Wednesday, October 21st. The pipeline company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.33 by $0.02. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The company had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.37 billion. During the same quarter in the prior year, the company posted $0.29 earnings per share. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. As a group, analysts expect that Kinder Morgan will post 1.56 EPS for the current year.

Insider Transactions at Kinder Morgan

In other news, VP Michael Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction on Friday, October 16th. The shares were sold at an average price of $33.65, for a total transaction of $52,157.50. Following the completion of the sale, the vice president directly owned 47,313 shares of the company’s stock, valued at approximately $1,592,082.45. The trade was a 3.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 12.72% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Kinder Morgan

Institutional investors and hedge funds have recently made changes to their positions in the business. Old North State Wealth Management LLC lifted its stake in shares of Kinder Morgan by 1.5% in the 3rd quarter. Old North State Wealth Management LLC now owns 85,651 shares of the pipeline company’s stock valued at $2,583,000 after acquiring an additional 1,248 shares during the last quarter. Royal Fund Management LLC lifted its position in Kinder Morgan by 4.8% in the third quarter. Royal Fund Management LLC now owns 67,841 shares of the pipeline company’s stock valued at $2,045,000 after purchasing an additional 3,103 shares during the last quarter. Root Financial Partners LLC lifted its position in Kinder Morgan by 6.4% in the third quarter. Root Financial Partners LLC now owns 8,164 shares of the pipeline company’s stock valued at $246,000 after purchasing an additional 488 shares during the last quarter. Precedent Wealth Partners LLC boosted its stake in shares of Kinder Morgan by 3.2% during the third quarter. Precedent Wealth Partners LLC now owns 107,491 shares of the pipeline company’s stock valued at $3,241,000 after purchasing an additional 3,383 shares during the period. Finally, Magnus Financial Group LLC grew its holdings in shares of Kinder Morgan by 5.9% in the third quarter. Magnus Financial Group LLC now owns 11,990 shares of the pipeline company’s stock worth $361,000 after purchasing an additional 669 shares during the last quarter. 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: Q3 earnings and revenue exceeded estimates. Kinder Morgan reported adjusted EPS of $0.35, above the $0.33 consensus, while revenue rose 9.3% year over year to $4.53 billion, surpassing the $4.37 billion estimate. EPS increased 21% from the year-ago quarter. KMI Q3 Earnings Beat Estimates on Natural Gas Pipeline Strength
• Positive Sentiment: Natural gas demand is expanding the company’s growth runway. Kinder Morgan cited higher natural gas volumes, record EBITDA and increasing demand from data centers, power generation and LNG exports. Its expansion backlog reached approximately $14.4 billion, including $5.4 billion of new additions. Kinder Morgan to invest $4.7 billion in two gas pipeline projects
• Positive Sentiment: Major pipeline investments strengthen long-term visibility. The company reached final investment decisions on the Southeast Connector and Permian Link projects and committed $4.7 billion to the developments, including infrastructure intended to serve power and data-center demand. Kinder Morgan approves $4.7bn for US gas pipelines
• Positive Sentiment: Analysts raised their expectations. Following the results, analysts lifted price targets into a $37-$40 range; Mizuho raised its target from $37 to $39 and maintained an “outperform” rating. Kinder Morgan Analysts Boost Their Forecasts Following Upbeat Q3 Earnings
• Neutral Sentiment: Dividend income remains attractive. Kinder Morgan declared a quarterly dividend of $0.2975 per share, or $1.19 annualized, representing a yield of roughly 3.6%. The payment is scheduled for November 16 to shareholders of record November 2. Kinder Morgan declares $0.2975 dividend
• Negative Sentiment: Forward earnings expectations may temper enthusiasm. Kinder Morgan expects 2026 adjusted EPS of $1.36, below the FactSet consensus estimate of $1.54, despite affirming its broader full-year guidance. The stock is also trading near its 52-week high, leaving less room for disappointment. Kinder Morgan Expects 2026 Adjusted EPS of $1.36

Kinder Morgan Company Profile

Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and other transportation and storage facilities. Its systems primarily support the movement, processing, and storage of natural gas, crude oil, refined petroleum products, and other energy commodities.

The company’s natural gas business transports and stores natural gas for utilities, power generators, industrial customers, and other energy companies. Kinder Morgan also operates refined products and crude oil pipelines, liquids terminals, and carbon dioxide infrastructure.