Compass Wealth Management LLC Increases Stock Holdings in Kinder Morgan, Inc. $KMI

Compass Wealth Management LLC lifted its position in Kinder Morgan, Inc. (NYSE:KMI) by 63.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 103,000 shares of the pipeline company’s stock after purchasing an additional 40,075 shares during the quarter. Compass Wealth Management LLC’s holdings in Kinder Morgan were worth $2,831,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. HighTower Advisors LLC boosted its stake in Kinder Morgan by 3.9% during the third quarter. HighTower Advisors LLC now owns 1,231,845 shares of the pipeline company’s stock worth $34,874,000 after buying an additional 46,396 shares during the period. Kayne Anderson Capital Advisors LP boosted its stake in Kinder Morgan by 15.6% during the third quarter. Kayne Anderson Capital Advisors LP now owns 12,452,111 shares of the pipeline company’s stock worth $352,519,000 after buying an additional 1,682,241 shares during the period. Cibc World Market Inc. boosted its stake in Kinder Morgan by 12.9% during the third quarter. Cibc World Market Inc. now owns 869,127 shares of the pipeline company’s stock worth $24,605,000 after buying an additional 99,540 shares during the period. Huntington National Bank boosted its stake in Kinder Morgan by 14.4% during the third quarter. Huntington National Bank now owns 252,210 shares of the pipeline company’s stock worth $7,140,000 after buying an additional 31,662 shares during the period. Finally, Vanguard Group Inc. boosted its stake in Kinder Morgan by 0.4% during the third quarter. Vanguard Group Inc. now owns 208,116,318 shares of the pipeline company’s stock worth $5,891,773,000 after buying an additional 896,837 shares during the period. Hedge funds and other institutional investors own 62.52% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on KMI shares. Scotiabank increased their target price on shares of Kinder Morgan from $31.00 to $32.00 and gave the stock a “sector perform” rating in a research note on Thursday, March 26th. Citigroup increased their target price on shares of Kinder Morgan from $28.00 to $33.00 and gave the stock a “neutral” rating in a research note on Monday, March 30th. Stifel Nicolaus increased their target price on shares of Kinder Morgan from $30.00 to $33.00 and gave the stock a “hold” rating in a research note on Friday, March 13th. Barclays reaffirmed an “overweight” rating on shares of Kinder Morgan in a research note on Friday, February 20th. Finally, Wells Fargo & Company increased their target price on shares of Kinder Morgan from $34.00 to $35.00 and gave the stock an “overweight” rating in a research note on Friday, March 13th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.20.

Insider Activity

In other news, VP John W. Schlosser sold 6,166 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $31.83, for a total transaction of $196,263.78. Following the sale, the vice president owned 170,374 shares of the company’s stock, valued at approximately $5,423,004.42. This represents a 3.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $33.65, for a total transaction of $52,157.50. Following the sale, the vice president directly owned 43,293 shares in the company, valued at $1,456,809.45. This represents a 3.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 23,148 shares of company stock worth $752,089 in the last three months. Corporate insiders own 12.72% of the company’s stock.

Kinder Morgan Stock Up 1.7%

Shares of KMI opened at $31.87 on Thursday. The stock has a market capitalization of $70.91 billion, a PE ratio of 21.39, a P/E/G ratio of 2.61 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. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.41 and a current ratio of 0.52. The company’s 50-day simple moving average is $32.34 and its 200-day simple moving average is $30.71.

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

Kinder Morgan Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were given a dividend of $0.2975 per share. This is a boost from Kinder Morgan’s previous quarterly dividend of $0.29. This represents a $1.19 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, May 4th. Kinder Morgan’s dividend payout ratio is currently 79.87%.

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.