Kinder Morgan (NYSE:KMI – Get Free Report) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.360-1.360 for the period, compared to the consensus estimate of 1.390. The company issued revenue guidance of -.
Kinder Morgan Stock Up 1.7%
Shares of NYSE:KMI opened at $30.10 on Thursday. The firm has a market cap of $66.95 billion, a P/E ratio of 21.97, a P/E/G ratio of 2.40 and a beta of 0.69. Kinder Morgan has a 12-month low of $23.94 and a 12-month high of $30.31. The business has a fifty day simple moving average of $27.43 and a 200 day simple moving average of $27.26. The company has a quick ratio of 0.49, a current ratio of 0.64 and a debt-to-equity ratio of 0.95.
Kinder Morgan (NYSE:KMI – Get Free Report) last released its quarterly earnings results on Wednesday, January 21st. The pipeline company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. Kinder Morgan had a return on equity of 9.02% and a net margin of 18.04%.The firm had revenue of $4.51 billion for the quarter, compared to analyst estimates of $4.33 billion. During the same quarter in the previous year, the company posted $0.30 EPS. The business’s revenue was up 13.1% on a year-over-year basis. Analysts predict that Kinder Morgan will post 1.25 earnings per share for the current year.
Kinder Morgan Dividend Announcement
Analyst Ratings Changes
A number of equities analysts recently weighed in on KMI shares. Morgan Stanley set a $35.00 target price on shares of Kinder Morgan in a research note on Thursday, January 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of Kinder Morgan in a research report on Thursday, January 22nd. TD Cowen upped their target price on Kinder Morgan from $34.00 to $35.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. UBS Group reaffirmed a “buy” rating and set a $38.00 target price on shares of Kinder Morgan in a research note on Friday, December 12th. Finally, Royal Bank Of Canada boosted their price target on Kinder Morgan from $28.00 to $30.00 and gave the company a “sector perform” rating in a research note on Thursday, November 13th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $32.38.
Read Our Latest Research Report on Kinder Morgan
Insider Buying and Selling
In other news, CFO David Patrick Michels sold 20,000 shares of the company’s stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $30.00, for a total transaction of $600,000.00. Following the transaction, the chief financial officer directly owned 139,428 shares of the company’s stock, valued at $4,182,840. This represents a 12.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Amy W. Chronis purchased 3,800 shares of Kinder Morgan stock in a transaction that occurred on Friday, October 31st. The stock was acquired at an average cost of $26.23 per share, with a total value of $99,674.00. Following the transaction, the director owned 39,051 shares in the company, valued at $1,024,307.73. This trade represents a 10.78% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have sold 38,498 shares of company stock valued at $1,107,462. 12.73% of the stock is owned by company insiders.
Institutional Investors Weigh In On Kinder Morgan
Hedge funds and other institutional investors have recently made changes to their positions in the business. AQR Capital Management LLC raised its holdings in shares of Kinder Morgan by 431.9% in the 3rd quarter. AQR Capital Management LLC now owns 6,569,082 shares of the pipeline company’s stock worth $185,971,000 after acquiring an additional 5,333,986 shares during the last quarter. Merewether Investment Management LP purchased a new stake in shares of Kinder Morgan in the second quarter worth approximately $138,477,000. Zimmer Partners LP lifted its holdings in shares of Kinder Morgan by 177.8% in the third quarter. Zimmer Partners LP now owns 6,070,100 shares of the pipeline company’s stock valued at $171,845,000 after purchasing an additional 3,885,000 shares in the last quarter. Amundi boosted its position in shares of Kinder Morgan by 21.1% during the third quarter. Amundi now owns 11,882,500 shares of the pipeline company’s stock valued at $331,878,000 after buying an additional 2,069,960 shares during the last quarter. Finally, Voloridge Investment Management LLC bought a new stake in Kinder Morgan during the third quarter worth $40,027,000. 62.52% of the stock is owned by institutional investors.
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.
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