Coronation Fund Managers Ltd. lifted its holdings in Kinder Morgan, Inc. (NYSE:KMI – Free Report) by 47.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 365,566 shares of the pipeline company’s stock after buying an additional 117,910 shares during the period. Coronation Fund Managers Ltd.’s holdings in Kinder Morgan were worth $12,257,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently bought and sold shares of KMI. Alpha Family Trust acquired a new stake in Kinder Morgan in the 1st quarter valued at about $240,000. Dynamic Wealth Strategies LLC acquired a new position in shares of Kinder Morgan during the 1st quarter worth approximately $67,000. Militia Capital Management LLC purchased a new stake in shares of Kinder Morgan in the first quarter valued at approximately $2,890,000. Petra Financial Advisors Inc. acquired a new position in shares of Kinder Morgan during the 1st quarter valued at about $390,000. Finally, First Citizens Bank & Trust Co. grew its holdings in shares of Kinder Morgan by 45.8% in the first quarter. First Citizens Bank & Trust Co. now owns 561,544 shares of the pipeline company’s stock valued at $18,829,000 after purchasing an additional 176,493 shares during the period. 62.52% of the stock is currently owned by institutional investors and hedge funds.
Kinder Morgan Trading Up 0.3%
Shares of KMI stock opened at $32.49 on Thursday. Kinder Morgan, Inc. has a 1-year low of $25.60 and a 1-year high of $34.81. The firm has a market cap of $72.29 billion, a PE ratio of 21.81, a price-to-earnings-growth ratio of 2.70 and a beta of 0.54. The company has a 50-day moving average of $32.28 and a two-hundred day moving average of $31.79. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.52 and a quick ratio of 0.41.
Analysts Set New Price Targets
KMI has been the subject of several recent analyst reports. UBS Group restated a “buy” rating and set a $43.00 price objective on shares of Kinder Morgan in a research report on Monday, June 15th. Weiss Ratings cut shares of Kinder Morgan from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Tuesday, June 23rd. Jefferies Financial Group cut their price target on shares of Kinder Morgan from $36.00 to $34.00 and set a “hold” rating for the company in a report on Thursday, April 23rd. Royal Bank Of Canada lifted their price target on shares of Kinder Morgan from $32.00 to $35.00 and gave the company a “sector perform” rating in a research report on Monday, March 30th. Finally, Scotiabank increased their price objective on Kinder Morgan from $31.00 to $32.00 and gave the stock a “sector perform” rating in a research report on Thursday, March 26th. Eight research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $34.71.
Get Our Latest Stock Analysis on Kinder Morgan
Kinder Morgan News Summary
Here are the key news stories impacting Kinder Morgan this week:
- Positive Sentiment: Kinder Morgan said Q2 adjusted EPS came in at $0.37, ahead of the $0.31 consensus, while revenue rose 10.8% year over year to $4.48 billion and also topped estimates. Kinder Morgan (NYSE:KMI) Reports Upbeat Q2 CY2026
- Positive Sentiment: The company reported record second-quarter net income and adjusted EBITDA, and the board approved a quarterly dividend of $0.2975 per share, reinforcing the income story for shareholders. Kinder Morgan Reports Second Quarter 2026 Financial Results
- Positive Sentiment: Management also indicated full-year adjusted EPS is tracking at least 12% above budget and signaled additional 2026 final investment decisions, suggesting improving fundamentals and potential future growth. Kinder Morgan targets full-year adjusted EPS at least 12% above budget while projecting additional 2026 FIDs
- Neutral Sentiment: Investors are also digesting the company’s Q2 earnings call transcript and related coverage, which largely reiterate the strong results and forward outlook. Kinder Morgan Reports Q2 2026 Results: Full Earnings Call Transcript
- Negative Sentiment: The main offset is that Kinder Morgan’s FY 2026 EPS guidance of 1.360 is below the current consensus estimate of 1.49, which may cap some of the upside despite the beat-and-raise quarter. Kinder Morgan stock information and earnings report
Insider Activity
In other Kinder Morgan news, VP Michael P. Garthwaite sold 1,550 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $31.44, for a total transaction of $48,732.00. Following the sale, the vice president directly owned 41,743 shares in the company, valued at $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 Securities & Exchange Commission, which is available at the SEC website. 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 dated Tuesday, May 5th. The stock was sold at an average price of $32.41, for a total transaction of $199,840.06. Following the sale, the vice president directly owned 176,540 shares in the company, valued at $5,721,661.40. This represents a 3.37% 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. Over the last ninety days, insiders sold 21,598 shares of company stock valued at $693,689. 12.72% of the stock is currently owned by corporate insiders.
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.
Recommended Stories
- Five stocks we like better than Kinder Morgan
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Want to see what other hedge funds are holding KMI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Kinder Morgan, Inc. (NYSE:KMI – Free Report).
Receive News & Ratings for Kinder Morgan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinder Morgan and related companies with MarketBeat.com's FREE daily email newsletter.
