iSAM Funds UK Ltd Takes $812,000 Position in Kinder Morgan, Inc. $KMI

iSAM Funds UK Ltd purchased a new position in Kinder Morgan, Inc. (NYSE:KMI) during the second quarter, HoldingsChannel reports. The firm purchased 25,400 shares of the pipeline company’s stock, valued at approximately $812,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Partners Group Holding AG lifted its holdings in shares of Kinder Morgan by 45.0% in the 4th quarter. Partners Group Holding AG now owns 291,741 shares of the pipeline company’s stock worth $8,020,000 after buying an additional 90,593 shares during the period. Generali Asset Management SPA SGR increased its stake in shares of Kinder Morgan by 47.4% during the fourth quarter. Generali Asset Management SPA SGR now owns 156,764 shares of the pipeline company’s stock valued at $4,309,000 after buying an additional 50,403 shares during the period. GSA Capital Partners LLP raised its holdings in shares of Kinder Morgan by 152.2% in the fourth quarter. GSA Capital Partners LLP now owns 54,683 shares of the pipeline company’s stock valued at $1,503,000 after acquiring an additional 32,998 shares in the last quarter. OP Asset Management Ltd bought a new stake in shares of Kinder Morgan in the first quarter valued at about $6,412,000. Finally, USS Investment Management Ltd lifted its stake in Kinder Morgan by 10.3% in the first quarter. USS Investment Management Ltd now owns 421,306 shares of the pipeline company’s stock worth $14,116,000 after acquiring an additional 39,418 shares during the period. Institutional investors own 62.52% of the company’s stock.

Kinder Morgan Price Performance

Shares of KMI stock opened at $31.99 on Thursday. The stock’s 50-day moving average is $32.01 and its 200 day moving average is $32.38. 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 0.91, a current ratio of 0.46 and a quick ratio of 0.36. The company has a market cap of $71.24 billion, a P/E ratio of 20.51, a PEG ratio of 2.27 and a beta of 0.56.

Kinder Morgan (NYSE:KMI) last announced its earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The business had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.22 billion. During the same period in the previous year, the company posted $0.28 earnings per share. The firm’s revenue was up 10.8% on a year-over-year basis. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Research analysts predict that Kinder Morgan, Inc. will post 1.55 earnings per share for the current fiscal year.

Kinder Morgan Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 3rd were given a dividend of $0.2975 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.19 dividend on an annualized basis and a yield of 3.7%. Kinder Morgan’s dividend payout ratio is presently 76.28%.

Insider Buying and Selling

In other news, VP Michael P. Garthwaite sold 1,550 shares of the company’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $31.44, for a total transaction of $48,732.00. Following the transaction, the vice president directly owned 41,743 shares of the company’s stock, valued at approximately $1,312,399.92. This represents a 3.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John W. Schlosser sold 6,166 shares of the stock in a transaction on Monday, July 6th. The shares were sold at an average price of $31.90, for a total value of $196,695.40. Following the sale, the vice president owned 164,208 shares of the company’s stock, valued at approximately $5,238,235.20. This represents a 3.62% decrease in their position. 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 13,882 shares of company stock valued at $441,691 in the last three months. 12.72% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

KMI has been the topic of several recent research reports. Zacks Research cut shares of Kinder Morgan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Morgan Stanley set a $38.00 price target on shares of Kinder Morgan in a report on Wednesday, July 29th. The Goldman Sachs Group reiterated a “buy” rating on shares of Kinder Morgan in a research note on Wednesday, June 10th. UBS Group reissued a “buy” rating and set a $43.00 price objective on shares of Kinder Morgan in a report on Monday, June 15th. Finally, Weiss Ratings downgraded shares of Kinder Morgan from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Tuesday, June 23rd. Eight research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, Kinder Morgan currently has an average rating of “Hold” and an average target price of $35.50.

About Kinder Morgan

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.