Kinder Morgan, Inc. $KMI Shares Acquired by PensionDanmark Pensionsforsikringsaktieselskab

PensionDanmark Pensionsforsikringsaktieselskab boosted its position in shares of Kinder Morgan, Inc. (NYSE:KMI) by 13.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 331,109 shares of the pipeline company’s stock after buying an additional 40,521 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Kinder Morgan were worth $10,586,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Commonwealth Retirement Investments LLC bought a new position in shares of Kinder Morgan during the 4th quarter valued at about $27,000. Frazier Financial Advisors LLC bought a new stake in shares of Kinder Morgan in the 1st quarter worth approximately $28,000. Acumen Wealth Advisors LLC acquired a new stake in Kinder Morgan during the fourth quarter valued at approximately $28,000. Basepoint Wealth LLC acquired a new stake in Kinder Morgan during the fourth quarter valued at approximately $30,000. Finally, Mcguire Capital Advisors Inc. bought a new stake in Kinder Morgan during the fourth quarter worth approximately $30,000. 62.52% of the stock is owned by institutional investors and hedge funds.

Kinder Morgan Stock Down 1.4%

Shares of NYSE:KMI opened at $30.84 on Friday. The firm has a 50 day simple moving average of $31.94 and a 200 day simple moving average of $32.13. Kinder Morgan, Inc. has a 52 week low of $25.60 and a 52 week high of $34.81. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.36 and a current ratio of 0.46. The company has a market cap of $68.68 billion, a PE ratio of 19.77, a price-to-earnings-growth ratio of 2.53 and a beta of 0.54.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings data on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.06. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The firm had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.22 billion. During the same period in the previous year, the company posted $0.28 EPS. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. As a group, research analysts expect that Kinder Morgan, Inc. will post 1.54 earnings per share for the current year.

Kinder Morgan Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be issued a dividend of $0.2975 per share. The ex-dividend date is Monday, August 3rd. This represents a $1.19 dividend on an annualized basis and a dividend yield of 3.9%. Kinder Morgan’s payout ratio is currently 76.28%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on KMI. UBS Group reaffirmed a “buy” rating and issued a $43.00 price target on shares of Kinder Morgan in a report on Monday, June 15th. Citigroup reissued a “neutral” rating on shares of Kinder Morgan in a research note on Wednesday, July 29th. Zacks Research cut Kinder Morgan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Wolfe Research downgraded Kinder Morgan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Kinder Morgan in a research report on Thursday, July 23rd. Eight investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, Kinder Morgan currently has a consensus rating of “Hold” and an average target price of $35.50.

Insiders Place Their Bets

In other Kinder Morgan news, VP Michael P. Garthwaite sold 1,550 shares of the firm’s stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $31.44, for a total transaction of $48,732.00. Following the completion of the sale, the vice president directly owned 41,743 shares in the company, valued at approximately $1,312,399.92. This trade represents a 3.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available 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 Kinder Morgan stock in a transaction dated Friday, June 5th. The shares were 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 in the company, valued at approximately $5,423,004.42. This trade represents a 3.49% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 15,432 shares of company stock worth $493,849 in the last quarter. 12.72% of the stock is currently owned by corporate insiders.

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.