World Investment Advisors Has $2.29 Million Holdings in Kinder Morgan, Inc. $KMI

World Investment Advisors increased its stake in Kinder Morgan, Inc. (NYSE:KMI) by 26.4% in the 4th quarter, Holdings Channel reports. The firm owned 83,443 shares of the pipeline company’s stock after purchasing an additional 17,429 shares during the period. World Investment Advisors’ holdings in Kinder Morgan were worth $2,294,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KMI. Huntington National Bank boosted its holdings in Kinder Morgan by 14.4% in the 3rd quarter. Huntington National Bank now owns 252,210 shares of the pipeline company’s stock valued at $7,140,000 after purchasing an additional 31,662 shares during the period. Kayne Anderson Capital Advisors LP lifted its stake in shares of Kinder Morgan by 15.6% in the third quarter. Kayne Anderson Capital Advisors LP now owns 12,452,111 shares of the pipeline company’s stock valued at $352,519,000 after buying an additional 1,682,241 shares during the period. Dimensional Fund Advisors LP grew its position in Kinder Morgan by 1.3% during the third quarter. Dimensional Fund Advisors LP now owns 16,551,759 shares of the pipeline company’s stock worth $468,588,000 after buying an additional 205,820 shares in the last quarter. Benjamin Edwards Inc. increased its stake in Kinder Morgan by 14.4% during the fourth quarter. Benjamin Edwards Inc. now owns 467,434 shares of the pipeline company’s stock valued at $12,849,000 after acquiring an additional 59,013 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of Kinder Morgan by 44.6% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,135,863 shares of the pipeline company’s stock worth $29,523,000 after purchasing an additional 350,348 shares in the last quarter. Institutional investors and hedge funds own 62.52% of the company’s stock.

Insider Activity

In other news, VP John W. Schlosser sold 6,166 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $31.83, for a total transaction of $196,263.78. Following the completion of the sale, the vice president owned 170,374 shares of the company’s stock, valued at approximately $5,423,004.42. This trade represents a 3.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael P. Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction that occurred on Tuesday, June 16th. The shares were sold at an average price of $31.44, for a total transaction of $48,732.00. Following the completion of the transaction, the vice president owned 41,743 shares of the company’s stock, valued at $1,312,399.92. This trade represents a 3.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 23,148 shares of company stock worth $749,206 over the last ninety days. Insiders own 12.72% of the company’s stock.

Analyst Ratings Changes

KMI has been the subject of a number of recent research reports. UBS Group restated a “buy” rating and issued a $43.00 target price on shares of Kinder Morgan in a research note on Monday. Scotiabank boosted their price target 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. The Goldman Sachs Group restated a “buy” rating on shares of Kinder Morgan in a research note on Wednesday, June 10th. Truist Financial initiated coverage on shares of Kinder Morgan in a research report on Tuesday, March 24th. They set a “hold” rating and a $38.00 target price on the stock. Finally, Wolfe Research cut shares of Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $34.53.

Kinder Morgan Stock Performance

Shares of NYSE:KMI opened at $31.58 on Friday. 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 business’s fifty day moving average price is $32.11 and its two-hundred day moving average price is $30.91. Kinder Morgan, Inc. has a fifty-two week low of $25.60 and a fifty-two week high of $34.81. The stock has a market capitalization of $70.27 billion, a price-to-earnings ratio of 21.20, a price-to-earnings-growth ratio of 2.63 and a beta of 0.54.

Kinder Morgan (NYSE:KMI) last issued its earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.38 by $0.10. Kinder Morgan had a net margin of 18.92% and a return on equity of 9.90%. The company had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.55 billion. During the same quarter in the previous year, the company earned $0.34 EPS. The firm’s revenue for the quarter was up 13.8% compared to the same quarter last year. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. As a group, analysts predict that Kinder Morgan, Inc. will post 1.49 EPS for the current fiscal year.

Kinder Morgan Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 4th were given a $0.2975 dividend. This represents a $1.19 dividend on an annualized basis and a yield of 3.8%. This is a boost from Kinder Morgan’s previous quarterly dividend of $0.29. The ex-dividend date was Monday, May 4th. Kinder Morgan’s dividend payout ratio (DPR) is presently 79.87%.

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.