Robeco Institutional Asset Management B.V. Acquires 309,894 Shares of Kinder Morgan, Inc. $KMI

Robeco Institutional Asset Management B.V. lifted its holdings in Kinder Morgan, Inc. (NYSE:KMI) by 18.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,952,885 shares of the pipeline company’s stock after purchasing an additional 309,894 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Kinder Morgan were worth $58,879,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Evolution Wealth Management Inc. lifted its stake in Kinder Morgan by 4,166.7% during the second quarter. Evolution Wealth Management Inc. now owns 768 shares of the pipeline company’s stock valued at $25,000 after purchasing an additional 750 shares during the last quarter. Transamerica Financial Advisors LLC boosted its holdings in Kinder Morgan by 72.9% during the second quarter. Transamerica Financial Advisors LLC now owns 778 shares of the pipeline company’s stock worth $25,000 after buying an additional 328 shares in the last quarter. Frazier Financial Advisors LLC bought a new stake in Kinder Morgan during the first quarter worth approximately $28,000. Bell Investment Advisors Inc grew its position in Kinder Morgan by 112.1% in the second quarter. Bell Investment Advisors Inc now owns 946 shares of the pipeline company’s stock worth $30,000 after buying an additional 500 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC acquired a new position in Kinder Morgan in the second quarter worth approximately $32,000. 62.52% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have issued reports on KMI. Freedom Broker raised Kinder Morgan from a “hold” rating to a “buy” rating and upped their price target for the company from $34.00 to $39.00 in a report on Thursday. Wells Fargo & Company raised their price objective on Kinder Morgan from $36.00 to $39.00 and gave the stock an “overweight” rating in a research note on Thursday. TD Cowen lifted their target price on Kinder Morgan from $38.00 to $40.00 and gave the stock a “buy” rating in a report on Thursday. Royal Bank Of Canada lifted their target price on Kinder Morgan from $35.00 to $36.00 and gave the stock a “sector perform” rating in a report on Tuesday, September 22nd. Finally, Stifel Nicolaus began coverage on Kinder Morgan in a research report on Wednesday, September 9th. They set a “hold” rating and a $35.00 target price on the stock. Twelve investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $36.55.

Insider Activity at Kinder Morgan

In other news, VP Michael Garthwaite sold 1,550 shares of the business’s 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 transaction, the vice president directly owned 47,313 shares in the company, valued at $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 available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 12.72% of the stock is currently owned by corporate insiders.

Kinder Morgan Stock Performance

KMI stock opened at $33.68 on Friday. 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 stock has a market cap of $74.99 billion, a P/E ratio of 21.59, a P/E/G ratio of 2.39 and a beta of 0.59. The firm has a 50 day simple moving average of $31.85 and a 200 day simple moving average of $32.04. Kinder Morgan, Inc. has a 52 week low of $25.60 and a 52 week high of $34.81.

Kinder Morgan (NYSE:KMI) last announced its quarterly earnings data on Wednesday, October 21st. The pipeline company reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. The firm had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.37 billion. Kinder Morgan had a net margin of 19.64% and a return on equity of 10.85%. The firm’s revenue was up 9.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.29 earnings per share. Research analysts anticipate that Kinder Morgan, Inc. will post 1.56 earnings per share for the current fiscal year.

Kinder Morgan Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Monday, November 2nd will be paid a dividend of $0.2975 per share. The ex-dividend date of this dividend is Monday, November 2nd. This represents a $1.19 dividend on an annualized basis and a dividend yield of 3.5%. Kinder Morgan’s dividend payout ratio (DPR) is 76.28%.

Key Headlines Impacting Kinder Morgan

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

• Positive Sentiment: Q3 earnings beat expectations: Kinder Morgan reported adjusted EPS of $0.35 versus the $0.33 consensus estimate, while revenue rose 9.3% year over year to $4.53 billion, above the $4.37 billion forecast. Strength in natural-gas volumes and record EBITDA supported the results. KMI Q3 Earnings Beat Estimates on Natural Gas Pipeline Strength
• Positive Sentiment: Record backlog improves the growth outlook: The company added $5.4 billion to its expansion backlog, bringing the total to a record $14.4 billion. Rising demand from data centers, power generation and LNG exports is driving new natural-gas infrastructure opportunities. Kinder Morgan also reached final investment decisions on two projects requiring approximately $4.7 billion of investment. Kinder Morgan to invest $4.7 billion in two gas pipeline projects as demand surges
• Positive Sentiment: Analyst sentiment improved: Freedom Broker upgraded KMI from “hold” to “buy” and raised its price target to $39 from $34. Mizuho also increased its target to $39 and maintained an “outperform” rating, while other analysts reportedly lifted targets into the $37-$40 range. Kinder Morgan Analysts Boost Their Forecasts Following Upbeat Q3 Earnings
• Positive Sentiment: Dividend supports income appeal: Kinder Morgan declared a quarterly dividend of $0.2975 per share, or $1.19 annualized, representing a yield of approximately 3.6% based on the supplied stock price.
• Neutral Sentiment: Mixed guidance signal: Although the company affirmed its full-year outlook, its expected 2026 adjusted EPS of $1.36 is below the FactSet estimate of $1.54, creating a valuation and execution concern despite the stronger backlog.
• Neutral Sentiment: Insider transaction: A vice president sold $52,157.50 of stock under a pre-arranged Rule 10b5-1 plan. The relatively small, scheduled sale is unlikely to materially change the investment case.

Kinder Morgan 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.