Wealth Enhancement Advisory Services LLC reduced its stake in Kinder Morgan, Inc. (NYSE:KMI – Free Report) by 24.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 785,515 shares of the pipeline company’s stock after selling 254,516 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Kinder Morgan were worth $22,002,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of KMI. LFA Lugano Financial Advisors SA acquired a new stake in shares of Kinder Morgan during the second quarter valued at about $26,000. Cranbrook Wealth Management LLC boosted its position in shares of Kinder Morgan by 116.1% during the 2nd quarter. Cranbrook Wealth Management LLC now owns 1,046 shares of the pipeline company’s stock worth $31,000 after purchasing an additional 562 shares during the period. Wolff Wiese Magana LLC acquired a new stake in Kinder Morgan in the 2nd quarter valued at approximately $34,000. CoreFirst Bank & Trust purchased a new stake in Kinder Morgan in the second quarter valued at approximately $35,000. Finally, Private Wealth Management Group LLC lifted its stake in Kinder Morgan by 94.9% during the third quarter. Private Wealth Management Group LLC now owns 1,222 shares of the pipeline company’s stock worth $35,000 after purchasing an additional 595 shares in the last quarter. Institutional investors and hedge funds own 62.52% of the company’s stock.
Kinder Morgan Price Performance
Shares of NYSE KMI opened at $28.59 on Thursday. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.63 and a quick ratio of 0.49. The company has a market cap of $63.61 billion, a price-to-earnings ratio of 23.43, a price-to-earnings-growth ratio of 2.26 and a beta of 0.69. The stock’s 50-day moving average is $27.17 and its two-hundred day moving average is $27.20. Kinder Morgan, Inc. has a 1-year low of $23.94 and a 1-year high of $31.46.
Kinder Morgan Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Monday, February 2nd will be issued a dividend of $0.2925 per share. This represents a $1.17 annualized dividend and a yield of 4.1%. The ex-dividend date is Monday, February 2nd. Kinder Morgan’s payout ratio is 95.90%.
Insider Buying and Selling at Kinder Morgan
In other news, VP John W. Schlosser sold 6,166 shares of the firm’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $27.49, for a total value of $169,503.34. Following the sale, the vice president directly owned 201,204 shares in the company, valued at approximately $5,531,097.96. This trade represents a 2.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Richard D. Kinder acquired 1,000,000 shares of the firm’s stock in a transaction dated Monday, October 27th. The shares were purchased at an average cost of $25.96 per share, with a total value of $25,960,000.00. Following the completion of the transaction, the chairman owned 246,212,353 shares in the company, valued at approximately $6,391,672,683.88. The trade was a 0.41% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last three months, insiders have bought 1,004,287 shares of company stock valued at $26,072,463 and have sold 18,498 shares valued at $507,462. Insiders own 12.73% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. Jefferies Financial Group lowered their price target on Kinder Morgan from $30.00 to $29.00 and set a “hold” rating for the company in a research report on Tuesday, December 23rd. Stifel Nicolaus raised their target price on Kinder Morgan from $29.00 to $30.00 and gave the company a “hold” rating in a report on Tuesday, November 11th. Scotiabank reiterated a “sector perform” rating and set a $29.00 price target on shares of Kinder Morgan in a research note on Friday, January 16th. Mizuho reduced their price target on shares of Kinder Morgan from $32.00 to $31.00 and set an “outperform” rating on the stock in a research report on Friday, November 14th. Finally, UBS Group reissued a “buy” rating and issued a $38.00 price objective on shares of Kinder Morgan in a research note on Friday, December 12th. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $31.33.
View Our Latest Analysis on Kinder Morgan
Key Kinder Morgan News
Here are the key news stories impacting Kinder Morgan this week:
- Positive Sentiment: Q4 earnings and revenue beat consensus (EPS beat and revenue up ~13% y/y), driving upside momentum. Quiver Quant: Q4 Results
- Positive Sentiment: Board approved a higher quarterly cash dividend ($0.2925/share; $1.17 annualized), supporting yield-focused investor demand. Business Wire: Q4 Results & Dividend
- Positive Sentiment: Company projects stronger LNG feed-gas demand in 2026 and reports backlog growth (~$10B), supporting longer-term volume and fee-based growth prospects. MSN: LNG Feed-Gas Demand & Backlog
- Neutral Sentiment: Management hosted an earnings call and the transcript is available for deeper read-through of segment trends, capex and outlook commentary. Seeking Alpha: Call Transcript
- Neutral Sentiment: Operational growth catalysts include renewed customer interest in the Western Gateway pipeline (second open season launched). Zacks: Western Gateway Open Season
- Negative Sentiment: Management lowered its near-term outlook even as it lifted the dividend, a mixed signal that may cap upside until clarity on guidance and cash generation improves. Benzinga: Lifts Dividend, Lowers Outlook
- Negative Sentiment: Some metrics showed caution: operating cash flow was down y/y and cash balances declined, while capex edged up — items investors will monitor for sustainability of dividend and leverage. Quiver Quant: Q4 Financial Details
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.
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