Houlihan Financial Resource Group Ltd. Increases Stock Position in Kinder Morgan, Inc. $KMI

Houlihan Financial Resource Group Ltd. increased its position in shares of Kinder Morgan, Inc. (NYSE:KMI) by 122.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 52,205 shares of the pipeline company’s stock after buying an additional 28,740 shares during the period. Houlihan Financial Resource Group Ltd.’s holdings in Kinder Morgan were worth $1,500,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Foundations Investment Advisors LLC boosted its holdings in Kinder Morgan by 2.4% during the fourth quarter. Foundations Investment Advisors LLC now owns 51,222 shares of the pipeline company’s stock worth $1,408,000 after buying an additional 1,184 shares in the last quarter. Huntington National Bank boosted its holdings in Kinder Morgan by 5.6% during the fourth quarter. Huntington National Bank now owns 266,402 shares of the pipeline company’s stock worth $7,323,000 after buying an additional 14,192 shares in the last quarter. Kingsview Wealth Management LLC boosted its holdings in Kinder Morgan by 6.5% during the fourth quarter. Kingsview Wealth Management LLC now owns 60,684 shares of the pipeline company’s stock worth $1,668,000 after buying an additional 3,730 shares in the last quarter. Community Bank & Trust Waco Texas boosted its holdings in Kinder Morgan by 2.1% during the fourth quarter. Community Bank & Trust Waco Texas now owns 68,674 shares of the pipeline company’s stock worth $1,888,000 after buying an additional 1,442 shares in the last quarter. Finally, Fidelis Capital Partners LLC boosted its holdings in Kinder Morgan by 30.7% during the fourth quarter. Fidelis Capital Partners LLC now owns 28,523 shares of the pipeline company’s stock worth $784,000 after buying an additional 6,692 shares in the last quarter. 62.52% of the stock is owned by hedge funds and other institutional investors.

Kinder Morgan Stock Down 0.9%

KMI stock opened at $31.92 on Friday. The stock has a market capitalization of $71.02 billion, a P/E ratio of 21.42, a P/E/G ratio of 2.69 and a beta of 0.56. The firm has a 50-day simple moving average of $32.73 and a 200-day simple moving average of $30.43. The company has a quick ratio of 0.41, a current ratio of 0.52 and a debt-to-equity ratio of 0.92. Kinder Morgan, Inc. has a 52 week low of $25.60 and a 52 week high of $34.81.

Kinder Morgan (NYSE:KMI) last released its earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.10. The business had revenue of $4.83 billion during 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 company’s quarterly revenue was up 13.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.34 earnings per share. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Equities 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 paid a $0.2975 dividend. This is an increase 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 payout ratio is 79.87%.

Analysts Set New Price Targets

Several research firms have issued reports on KMI. Scotiabank increased their price objective on shares of Kinder Morgan from $31.00 to $32.00 and gave the company a “sector perform” rating in a report on Thursday, March 26th. Morgan Stanley boosted their target price on shares of Kinder Morgan from $34.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 3rd. Royal Bank Of Canada boosted their target price on shares of Kinder Morgan from $32.00 to $35.00 and gave the stock a “sector perform” rating in a research note on Monday, March 30th. Jefferies Financial Group cut their target price on shares of Kinder Morgan from $36.00 to $34.00 and set a “hold” rating for the company in a research note on Thursday, April 23rd. Finally, Mizuho boosted their target price on shares of Kinder Morgan from $31.00 to $37.00 and gave the stock an “outperform” rating in a research note on Thursday, March 5th. Two equities research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $34.20.

Insider Activity

In other news, VP Michael P. Garthwaite sold 1,550 shares of the firm’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $33.65, for a total value of $52,157.50. Following the transaction, the vice president directly owned 43,293 shares of the company’s stock, valued at approximately $1,456,809.45. This trade represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John W. Schlosser sold 6,166 shares of the firm’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $32.93, for a total transaction of $203,046.38. Following the completion of the transaction, the vice president directly owned 182,706 shares in the company, valued at approximately $6,016,508.58. This represents a 3.26% 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 three months, insiders sold 23,148 shares of company stock worth $763,434. Insiders own 12.72% of the company’s stock.

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.