Teacher Retirement System of Texas Sells 463,880 Shares of Kinder Morgan, Inc. $KMI

Teacher Retirement System of Texas trimmed its position in Kinder Morgan, Inc. (NYSE:KMI) by 51.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 444,054 shares of the pipeline company’s stock after selling 463,880 shares during the quarter. Teacher Retirement System of Texas’ holdings in Kinder Morgan were worth $12,207,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Board of the Pension Protection Fund bought a new stake in shares of Kinder Morgan in the 4th quarter valued at about $27,000. Dorato Capital Management bought a new stake in shares of Kinder Morgan in the 4th quarter valued at about $30,000. Strategic Advocates LLC bought a new stake in shares of Kinder Morgan in the 3rd quarter valued at about $32,000. Lodestone Wealth Management LLC bought a new stake in shares of Kinder Morgan in the 4th quarter valued at about $33,000. Finally, Private Wealth Management Group LLC raised its holdings in shares of Kinder Morgan by 94.9% in the 3rd quarter. Private Wealth Management Group LLC now owns 1,222 shares of the pipeline company’s stock valued at $35,000 after purchasing an additional 595 shares during the period. 62.52% of the stock is owned by institutional investors.

Kinder Morgan Price Performance

NYSE:KMI opened at $31.72 on Friday. Kinder Morgan, Inc. has a one year low of $25.60 and a one year high of $34.73. The company has a market cap of $70.58 billion, a P/E ratio of 21.29, a P/E/G ratio of 2.85 and a beta of 0.64. The firm’s fifty day moving average price is $32.91 and its two-hundred day moving average price is $29.49. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.52 and a quick ratio of 0.50.

Kinder Morgan (NYSE:KMI) last released its quarterly earnings data 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 firm had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.55 billion. During the same period in the previous year, the company earned $0.34 earnings per share. The company’s quarterly revenue was up 13.8% on a year-over-year basis. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Equities analysts expect that Kinder Morgan, Inc. will post 1.42 earnings per share for the current year.

Kinder Morgan Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Monday, May 4th will be paid a $0.2975 dividend. This represents a $1.19 annualized dividend and a dividend yield of 3.8%. This is a boost from Kinder Morgan’s previous quarterly dividend of $0.29. The ex-dividend date is Monday, May 4th. Kinder Morgan’s dividend payout ratio is currently 85.40%.

Trending Headlines about Kinder Morgan

Here are the key news stories impacting Kinder Morgan this week:

• Positive Sentiment: KMI beat Q1 estimates: revenue rose ~13.8% YoY to $4.83B and non‑GAAP EPS of $0.48 topped consensus, driven by natural gas pipeline volumes and strong segment performance — a clear near‑term catalyst. KMI Q1 Deep Dive: Natural Gas Demand and Expansion Projects Drive Outperformance
• Positive Sentiment: KMI raised its quarterly dividend to $0.2975 (annualized yield ~3.8%) — signals cash‑flow confidence and supports income investors. This Pipeline Company Just Raised Its Dividend. AI Power Demand Is Fueling Growth.
• Positive Sentiment: Strategic growth: KMI announced it will acquire the Monument natural gas system and reported a sizable ~$$10.1B backlog for expansion projects — both support longer‑term EBITDA visibility. KMI to acquire Monument natural gas system as first-quarter income jumps 36%
• Positive Sentiment: Geopolitical and weather drivers boosted demand in Q1 (wartime-related gas demand and colder weather helped volumes), contributing to the beat. These are near‑term tailwinds for cash flow. The War With Iran is Fueling Substantially Higher Earnings for This High-Yielding Energy Stock
• Positive Sentiment: Analyst bullish views and investor pieces argue a re‑rating to higher targets (Seeking Alpha/MarketBeat pieces making the bull case), reinforcing upside narratives for longer‑term holders. Kinder Morgan: The Case To $40 Is Here (Rating Upgrade)
• Neutral Sentiment: Sector context: peers (Baker Hughes, Enterprise Products) reporting results or previews may shift relative valuation and sentiment in the group, indirectly affecting KMI. Baker Hughes Q1 Earnings Beat Estimates on IET Segment Strength
• Neutral Sentiment: Some reports note product/fuel volumes were weaker even as gas pipelines surged — mixed operational signals that could moderate enthusiasm until trends stabilize. Kinder Morgan (KMI) Reports Q1 Earnings: What Key Metrics Have to Say
• Negative Sentiment: Analyst downgrades/cuts: Jefferies trimmed its price target to $34 and moved to a “hold,” and Wolfe Research cut KMI to Hold — these reduce near‑term analyst-driven upside. Benzinga – Jefferies price target cut
• Negative Sentiment: Conflicting analyst sentiment across outlets (some bullish, some cautious) can produce choppy trading as investors weigh strong results against conservative guidance/targets. Analysts Have Conflicting Sentiments on These Energy Companies: Kinder Morgan (KMI) and NexGen Energy (NXE)

Insider Buying and Selling at Kinder Morgan

In related news, VP John W. Schlosser sold 6,166 shares of the company’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $33.67, for a total value of $207,609.22. Following the transaction, the vice president directly owned 188,872 shares in the company, valued at approximately $6,359,320.24. This represents a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Michael P. Garthwaite sold 1,550 shares of the company’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $31.72, for a total transaction of $49,166.00. Following the completion of the transaction, the vice president owned 44,843 shares in the company, valued at $1,422,419.96. This trade represents a 3.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 29,598 shares of company stock valued at $952,572. 12.72% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on KMI. Wolfe Research cut shares of Kinder Morgan from a “strong-buy” rating to a “hold” rating in a report on Tuesday. TD Cowen upped their price objective on shares of Kinder Morgan from $34.00 to $35.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Wells Fargo & Company upped their price objective on shares of Kinder Morgan from $34.00 to $35.00 and gave the company an “overweight” rating in a report on Friday, March 13th. Barclays reiterated an “overweight” rating on shares of Kinder Morgan in a report on Friday, February 20th. Finally, Morgan Stanley upped their price objective on shares of Kinder Morgan from $34.00 to $36.00 and gave the company an “equal weight” rating in a report on Tuesday, March 3rd. Seven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $34.20.

Kinder Morgan 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.