SFE Investment Counsel Acquires 23,630 Shares of Kinder Morgan, Inc. $KMI

SFE Investment Counsel increased its holdings in Kinder Morgan, Inc. (NYSE:KMIFree Report) by 18.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 150,285 shares of the pipeline company’s stock after purchasing an additional 23,630 shares during the quarter. SFE Investment Counsel’s holdings in Kinder Morgan were worth $4,131,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Board of the Pension Protection Fund acquired a new stake in Kinder Morgan during the 4th quarter valued at approximately $27,000. Dorato Capital Management bought a new stake in shares of Kinder Morgan in the 4th quarter valued at $30,000. Strategic Advocates LLC acquired a new stake in shares of Kinder Morgan during the third quarter worth $32,000. Torren Management LLC bought a new position in Kinder Morgan during the fourth quarter worth $32,000. Finally, Lodestone Wealth Management LLC bought a new stake in Kinder Morgan during the fourth quarter valued at $33,000. 62.52% of the stock is owned by institutional investors.

Insider Transactions at Kinder Morgan

In other news, VP Michael P. Garthwaite sold 1,550 shares of the company’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $31.72, for a total value of $49,166.00. Following the completion of the transaction, the vice president directly owned 44,843 shares in the company, valued at approximately $1,422,419.96. This represents a 3.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Anthony B. Ashley sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $31.95, for a total value of $255,600.00. Following the transaction, the vice president directly owned 100,146 shares in the company, valued at approximately $3,199,664.70. This represents a 7.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 29,598 shares of company stock worth $966,877. 12.72% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently weighed in on KMI shares. Wolfe Research lowered Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Mizuho increased their price target on Kinder Morgan from $31.00 to $37.00 and gave the stock an “outperform” rating in a report on Thursday, March 5th. Zacks Research raised shares of Kinder Morgan from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. Jefferies Financial Group reduced 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 report on Thursday, April 23rd. Finally, Weiss Ratings upgraded Kinder Morgan from a “buy (b)” rating to a “buy (a-)” rating in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have issued a Hold rating to the company’s stock. According to data from MarketBeat, Kinder Morgan currently has an average rating of “Moderate Buy” and a consensus target price of $34.20.

View Our Latest Report on Kinder Morgan

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Kinder Morgan Trading Up 1.1%

Shares of KMI opened at $32.82 on Thursday. Kinder Morgan, Inc. has a 1-year low of $25.60 and a 1-year high of $34.73. The company has a market capitalization of $73.01 billion, a P/E ratio of 22.02, a P/E/G ratio of 2.78 and a beta of 0.56. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.52 and a quick ratio of 0.41. The firm’s 50 day simple moving average is $32.74 and its 200 day simple moving average is $29.87.

Kinder Morgan (NYSE:KMIGet Free Report) last issued its quarterly 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 firm had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.55 billion. Kinder Morgan had a net margin of 18.92% and a return on equity of 9.90%. The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.34 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Sell-side analysts forecast that Kinder Morgan, Inc. will post 1.49 earnings per share for the current fiscal year.

Kinder Morgan Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Monday, May 4th will be given a dividend of $0.2975 per share. The ex-dividend date is Monday, May 4th. This is a positive change from Kinder Morgan’s previous quarterly dividend of $0.29. This represents a $1.19 dividend on an annualized basis and a yield of 3.6%. Kinder Morgan’s dividend payout ratio (DPR) is 79.87%.

Kinder Morgan Profile

(Free Report)

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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Institutional Ownership by Quarter for Kinder Morgan (NYSE:KMI)

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