Fortem Financial Group LLC Has $564,000 Stock Position in Kinder Morgan, Inc. $KMI

Fortem Financial Group LLC lowered its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI) by 64.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 20,506 shares of the pipeline company’s stock after selling 37,279 shares during the period. Fortem Financial Group LLC’s holdings in Kinder Morgan were worth $564,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Personal CFO Solutions LLC grew its position in Kinder Morgan by 4.5% during the 4th quarter. Personal CFO Solutions LLC now owns 7,896 shares of the pipeline company’s stock worth $217,000 after acquiring an additional 340 shares during the last quarter. Red Door Wealth Management LLC grew its position in Kinder Morgan by 2.2% during the 4th quarter. Red Door Wealth Management LLC now owns 17,772 shares of the pipeline company’s stock worth $489,000 after acquiring an additional 389 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its position in Kinder Morgan by 5.6% during the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 7,564 shares of the pipeline company’s stock worth $208,000 after acquiring an additional 399 shares during the last quarter. Sagespring Wealth Partners LLC grew its position in Kinder Morgan by 1.6% during the 4th quarter. Sagespring Wealth Partners LLC now owns 26,503 shares of the pipeline company’s stock worth $729,000 after acquiring an additional 405 shares during the last quarter. Finally, Newbridge Financial Services Group Inc. grew its position in Kinder Morgan by 22.4% during the 4th quarter. Newbridge Financial Services Group Inc. now owns 2,266 shares of the pipeline company’s stock worth $62,000 after acquiring an additional 414 shares during the last quarter. Institutional investors own 62.52% of the company’s stock.

Insider Activity at Kinder Morgan

In other Kinder Morgan news, VP Michael P. Garthwaite sold 1,550 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $31.72, for a total value of $49,166.00. Following the transaction, the vice president directly owned 44,843 shares of the company’s stock, valued at approximately $1,422,419.96. The trade was a 3.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $32.41, for a total value of $199,840.06. Following the completion of the transaction, the vice president directly owned 176,540 shares in the company, valued at approximately $5,721,661.40. This trade represents a 3.37% 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. Insiders have sold a total of 29,598 shares of company stock worth $966,877 in the last 90 days. Corporate insiders own 12.72% of the company’s stock.

Kinder Morgan Trading Down 0.2%

NYSE KMI opened at $31.36 on Monday. The business’s 50-day moving average price is $32.82 and its two-hundred day moving average price is $29.73. Kinder Morgan, Inc. has a 12 month low of $25.60 and a 12 month high of $34.73. The firm has a market capitalization of $69.77 billion, a PE ratio of 21.05, a price-to-earnings-growth ratio of 2.69 and a beta of 0.56. The company has a current ratio of 0.52, a quick ratio of 0.41 and a debt-to-equity ratio of 0.92.

Kinder Morgan (NYSE:KMI) last released its quarterly earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.10. Kinder Morgan had a return on equity of 9.90% and a net margin of 18.92%.The firm had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.55 billion. During the same quarter in the previous year, the company posted $0.34 EPS. The business’s 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. On average, analysts expect that Kinder Morgan, Inc. will post 1.49 EPS for the current year.

Kinder Morgan Increases Dividend

The business 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 $0.2975 dividend. This is a boost from Kinder Morgan’s previous quarterly dividend of $0.29. The ex-dividend date is Monday, May 4th. This represents a $1.19 dividend on an annualized basis and a dividend yield of 3.8%. Kinder Morgan’s dividend payout ratio is presently 79.87%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on KMI shares. Morgan Stanley boosted their price objective on Kinder Morgan from $34.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 3rd. TD Cowen boosted their price objective on Kinder Morgan from $34.00 to $35.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Citigroup boosted their price objective on Kinder Morgan from $28.00 to $33.00 and gave the stock a “neutral” rating in a research report on Monday, March 30th. Stifel Nicolaus boosted their price objective on Kinder Morgan from $30.00 to $33.00 and gave the stock a “hold” rating in a research report on Friday, March 13th. Finally, Zacks Research upgraded Kinder Morgan from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Two 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. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $34.20.

About Kinder Morgan

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.