Kinder Morgan (NYSE:KMI – Free Report) had its price target boosted by Mizuho from $37.00 to $39.00 in a research report released on Thursday,Benzinga reports. Mizuho currently has an outperform rating on the pipeline company’s stock.
Several other analysts also recently weighed in on KMI. Morgan Stanley set a $33.00 price objective on Kinder Morgan in a research report on Thursday, September 17th. Stifel Nicolaus assumed coverage on Kinder Morgan in a research note on Wednesday, September 9th. They set a “hold” rating and a $35.00 price objective for the company. Jefferies Financial Group cut their target price on shares of Kinder Morgan from $35.00 to $33.00 and set a “hold” rating on the stock in a report on Thursday, September 17th. Argus lifted their target price on shares of Kinder Morgan from $36.00 to $38.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. Finally, Citigroup reiterated a “neutral” rating and set a $34.00 price target (up from $33.00) on shares of Kinder Morgan in a report on Wednesday, July 29th. Twelve investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $36.60.
Check Out Our Latest Research Report on KMI
Kinder Morgan Stock Up 2.2%
Shares of NYSE KMI opened at $34.47 on Thursday. Kinder Morgan has a 12 month low of $25.60 and a 12 month high of $34.81. The company has a current ratio of 0.67, a quick ratio of 0.36 and a debt-to-equity ratio of 0.95. The business has a 50-day moving average of $31.88 and a 200-day moving average of $32.05. The firm has a market capitalization of $76.77 billion, a price-to-earnings ratio of 21.28, a PEG ratio of 2.36 and a beta of 0.59.
Kinder Morgan (NYSE:KMI – Get Free Report) last issued its earnings results on Wednesday, October 21st. The pipeline company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.02. Kinder Morgan had a return on equity of 10.84% and a net margin of 19.64%. The company had revenue of $4.53 billion during the quarter, compared to analysts’ expectations of $4.37 billion. During the same period in the prior year, the business posted $0.29 EPS. Kinder Morgan’s quarterly revenue was up 9.3% compared to the same quarter last year. Sell-side analysts expect that Kinder Morgan will post 1.60 earnings per share for the current fiscal year.
Kinder Morgan Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Monday, November 2nd will be paid a $0.2975 dividend. This represents a $1.19 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Monday, November 2nd. Kinder Morgan’s dividend payout ratio is presently 73.46%.
Insider Buying and Selling
In other Kinder Morgan news, VP Michael Garthwaite sold 1,550 shares of the firm’s stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $33.65, for a total value of $52,157.50. Following the completion of the sale, the vice president directly owned 47,313 shares in the company, valued at $1,592,082.45. This trade represents a 3.17% decrease in their ownership of the stock. The sale 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. 12.72% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Quadrant Capital Group LLC boosted its position in shares of Kinder Morgan by 0.7% during the third quarter. Quadrant Capital Group LLC now owns 47,788 shares of the pipeline company’s stock valued at $1,598,000 after purchasing an additional 309 shares in the last quarter. Klingman & Associates LLC grew its stake in Kinder Morgan by 3.9% in the first quarter. Klingman & Associates LLC now owns 8,498 shares of the pipeline company’s stock worth $285,000 after purchasing an additional 319 shares during the period. Transamerica Financial Advisors LLC grew its stake in Kinder Morgan by 72.9% in the second quarter. Transamerica Financial Advisors LLC now owns 778 shares of the pipeline company’s stock worth $25,000 after purchasing an additional 328 shares during the period. Abel Hall LLC raised its holdings in Kinder Morgan by 4.0% in the first quarter. Abel Hall LLC now owns 8,588 shares of the pipeline company’s stock worth $288,000 after purchasing an additional 330 shares in the last quarter. Finally, Optivise Advisory Services LLC raised its holdings in Kinder Morgan by 2.9% in the third quarter. Optivise Advisory Services LLC now owns 12,534 shares of the pipeline company’s stock worth $378,000 after purchasing an additional 354 shares in the last quarter. Hedge funds and other institutional investors own 62.52% of the company’s stock.
Kinder Morgan News Roundup
Here are the key news stories impacting Kinder Morgan this week:
- Positive Sentiment: Strong Q3 performance: Kinder Morgan reported $4.53 billion in revenue, up approximately 9% year over year, and adjusted EPS of $0.35 versus the $0.33 consensus estimate. Natural-gas volumes, record EBITDA and higher earnings supported investor confidence. Kinder Morgan Q3 earnings report
- Positive Sentiment: Major growth investments: KMI approved approximately $4.7 billion for the Southeast Connector and Permian Link natural-gas pipeline projects. The projects are expected to benefit from rising demand tied to data centers, power generation and LNG exports. The company also added $5.4 billion to its expansion backlog, bringing the total backlog to a record $14.4 billion. Kinder Morgan pipeline investment report
- Positive Sentiment: Analyst support and income: Freedom Broker upgraded KMI to “buy” with a $39 price target, while Mizuho raised its target to $39 and kept an “outperform” rating. Kinder Morgan also declared a quarterly dividend of $0.2975 per share, representing a 3.5% indicated yield. Kinder Morgan analyst price targets
- Neutral Sentiment: Mixed analyst view: Scotiabank initiated or reiterated a “hold” rating, indicating that the stock’s recent advance and valuation may already reflect much of the near-term improvement. Scotiabank Kinder Morgan rating
- Negative Sentiment: Lower earnings outlook: KMI’s updated FY 2026 adjusted EPS guidance of $1.36 is below the approximately $1.56 analyst consensus, creating a notable counterweight to the earnings beat and backlog expansion. Kinder Morgan 2026 earnings guidance
About Kinder Morgan
Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and other transportation and storage facilities. Its systems primarily support the movement, processing, and storage of natural gas, crude oil, refined petroleum products, and other energy commodities.
The company’s natural gas business transports and stores natural gas for utilities, power generators, industrial customers, and other energy companies. Kinder Morgan also operates refined products and crude oil pipelines, liquids terminals, and carbon dioxide infrastructure.
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