John Schlosser Sells 6,166 Shares of Kinder Morgan (NYSE:KMI) Stock

Kinder Morgan, Inc. (NYSE:KMI) VP John Schlosser sold 6,166 shares of the firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $31.83, for a total value of $196,263.78. Following the transaction, the vice president directly owned 170,374 shares of the company’s stock, valued at $5,423,004.42. The trade was a 3.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kinder Morgan Stock Performance

Kinder Morgan stock opened at $31.71 on Friday. The stock’s 50-day moving average is $32.48 and its 200-day moving average is $30.59. The company has a market cap of $70.54 billion, a price-to-earnings ratio of 21.28, a price-to-earnings-growth ratio of 2.64 and a beta of 0.54. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.52 and a quick ratio of 0.41. Kinder Morgan, Inc. has a 12 month low of $25.60 and a 12 month high of $34.81.

Kinder Morgan (NYSE:KMI) last released its quarterly earnings data 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 company had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.55 billion. Kinder Morgan had a return on equity of 9.90% and a net margin of 18.92%.The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same period last year, the business posted $0.34 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Equities analysts anticipate that Kinder Morgan, Inc. will post 1.49 earnings per share for the current year.

Kinder Morgan Increases Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Board of the Pension Protection Fund acquired a new position in shares of Kinder Morgan in the fourth quarter worth about $27,000. Commonwealth Retirement Investments LLC acquired a new position in shares of Kinder Morgan in the fourth quarter worth about $27,000. Frazier Financial Advisors LLC acquired a new position in shares of Kinder Morgan in the first quarter worth about $28,000. Acumen Wealth Advisors LLC acquired a new position in shares of Kinder Morgan in the fourth quarter worth about $28,000. Finally, Dorato Capital Management acquired a new position in shares of Kinder Morgan in the fourth quarter worth about $30,000. Institutional investors and hedge funds own 62.52% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have commented on KMI. 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 note on Tuesday, March 3rd. Weiss Ratings upgraded Kinder Morgan from a “buy (b)” rating to a “buy (a-)” rating in a research note on Monday, May 4th. Mizuho boosted their price objective on Kinder Morgan from $31.00 to $37.00 and gave the stock an “outperform” rating in a research note on Thursday, March 5th. Barclays restated an “overweight” rating on shares of Kinder Morgan in a research note on Friday, February 20th. Finally, 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 note on Friday, March 13th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $34.20.

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.