Kinder Morgan, Inc. $KMI Shares Acquired by World Investment Advisors

World Investment Advisors boosted its stake in Kinder Morgan, Inc. (NYSE:KMI) by 26.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 83,443 shares of the pipeline company’s stock after buying an additional 17,429 shares during the period. World Investment Advisors’ holdings in Kinder Morgan were worth $2,294,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Nalls Sherbakoff Group LLC acquired a new stake in shares of Kinder Morgan in the 4th quarter worth approximately $339,000. Bayban acquired a new position in shares of Kinder Morgan during the fourth quarter valued at approximately $126,000. Pure Financial Advisors LLC raised its holdings in Kinder Morgan by 8.6% during the fourth quarter. Pure Financial Advisors LLC now owns 7,889 shares of the pipeline company’s stock worth $217,000 after purchasing an additional 624 shares in the last quarter. SHP Wealth Management acquired a new stake in Kinder Morgan in the fourth quarter worth approximately $64,000. Finally, EJMK Ventures LLC bought a new position in Kinder Morgan during the 4th quarter valued at $202,000. 62.52% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports on KMI shares. Citigroup lifted 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. Mizuho raised their target price on Kinder Morgan from $31.00 to $37.00 and gave the company an “outperform” rating in a research note on Thursday, March 5th. Morgan Stanley boosted their price target on shares of Kinder Morgan from $34.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 3rd. UBS Group reissued a “buy” rating and issued a $43.00 price target on shares of Kinder Morgan in a report on Monday. Finally, Jefferies Financial Group reduced their price objective on shares of Kinder Morgan from $36.00 to $34.00 and set a “hold” rating for the company in a research report on Thursday, April 23rd. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $34.53.

Insider Buying and Selling at Kinder Morgan

In related news, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $32.41, for a total value of $199,840.06. Following the completion of the sale, the vice president owned 176,540 shares of the company’s stock, valued at approximately $5,721,661.40. The trade was a 3.37% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael P. Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $31.44, for a total transaction of $48,732.00. Following the completion of the sale, the vice president owned 41,743 shares of the company’s stock, valued at $1,312,399.92. This trade represents a 3.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 23,148 shares of company stock worth $749,206. 12.72% of the stock is currently owned by corporate insiders.

Kinder Morgan Trading Down 0.0%

NYSE:KMI opened at $31.58 on Friday. The stock has a fifty day simple moving average of $32.11 and a 200 day simple moving average of $30.91. The company has a quick ratio of 0.41, a current ratio of 0.52 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $70.27 billion, a price-to-earnings ratio of 21.20, a price-to-earnings-growth ratio of 2.63 and a beta of 0.54. Kinder Morgan, Inc. has a 1-year low of $25.60 and a 1-year high of $34.81.

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

Kinder Morgan Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 4th were paid a dividend of $0.2975 per share. This is an increase from Kinder Morgan’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Monday, May 4th. This represents a $1.19 dividend on an annualized basis and a dividend yield of 3.8%. Kinder Morgan’s dividend payout ratio (DPR) is 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.