Rep. Rick W. Allen Buys Kinder Morgan, Inc. (NYSE:KMI) Shares

Representative Rick W. Allen (Republican-Georgia) recently bought shares of Kinder Morgan, Inc. (NYSE:KMI). In a filing disclosed on March 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in Kinder Morgan stock on February 19th. The trade occurred in the Representative’s “LIVTR” account.

Representative Rick W. Allen also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/19/2026.
• Sold $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 2/19/2026.
• Sold $15,001 – $50,000 in shares of Intuit (NASDAQ:INTU) on 2/18/2026.
• Sold $15,001 – $50,000 in shares of Paychex (NASDAQ:PAYX) on 1/14/2026.
• Sold $50,001 – $100,000 in shares of American Water Works (NYSE:AWK) on 1/14/2026.
• Purchased $15,001 – $50,000 in shares of S&P Global (NYSE:SPGI) on 1/14/2026.
• Purchased $15,001 – $50,000 in shares of Ferguson (NYSE:FERG) on 12/12/2025.
• Sold $1,001 – $15,000 in shares of Netflix (NASDAQ:NFLX) on 12/12/2025.

Kinder Morgan Stock Up 2.3%

Shares of KMI stock traded up $0.77 during mid-day trading on Thursday, hitting $33.38. The company’s stock had a trading volume of 6,199,749 shares, compared to its average volume of 14,172,956. The stock has a market cap of $74.25 billion, a price-to-earnings ratio of 24.36, a PEG ratio of 3.07 and a beta of 0.68. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.50 and a current ratio of 0.64. Kinder Morgan, Inc. has a 52-week low of $23.94 and a 52-week high of $34.24. The business has a 50-day moving average price of $31.08 and a 200 day moving average price of $28.50.

Kinder Morgan (NYSE:KMI) last released its quarterly earnings data on Wednesday, January 21st. The pipeline company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.37 by $0.02. Kinder Morgan had a return on equity of 9.02% and a net margin of 18.04%.The company had revenue of $4.51 billion for the quarter, compared to analysts’ expectations of $4.33 billion. During the same period last year, the firm posted $0.30 earnings per share. Kinder Morgan’s revenue was up 13.1% compared to the same quarter last year. Research analysts predict that Kinder Morgan, Inc. will post 1.25 EPS for the current fiscal year.

Kinder Morgan Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 2nd were issued a $0.2925 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a $1.17 dividend on an annualized basis and a dividend yield of 3.5%. Kinder Morgan’s dividend payout ratio (DPR) is presently 85.40%.

Institutional Investors Weigh In On Kinder Morgan

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its stake in shares of Kinder Morgan by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 210,281,448 shares of the pipeline company’s stock worth $5,780,637,000 after purchasing an additional 2,165,130 shares in the last quarter. State Street Corp increased its stake in Kinder Morgan by 2.2% in the 4th quarter. State Street Corp now owns 116,860,317 shares of the pipeline company’s stock worth $3,212,490,000 after buying an additional 2,510,601 shares in the last quarter. Geode Capital Management LLC raised its holdings in Kinder Morgan by 1.2% during the second quarter. Geode Capital Management LLC now owns 51,848,863 shares of the pipeline company’s stock valued at $1,518,195,000 after acquiring an additional 599,152 shares during the period. Norges Bank purchased a new position in shares of Kinder Morgan in the fourth quarter valued at about $1,132,125,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Kinder Morgan by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 30,104,829 shares of the pipeline company’s stock worth $827,582,000 after acquiring an additional 195,088 shares during the period. 62.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

KMI has been the topic of a number of recent analyst reports. Morgan Stanley raised their price target 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. Scotiabank lifted their target price on shares of Kinder Morgan from $30.00 to $31.00 and gave the stock a “sector perform” rating in a research report on Tuesday. Jefferies Financial Group raised their price target on Kinder Morgan from $29.00 to $31.00 and gave the stock a “hold” rating in a research note on Thursday, January 22nd. Barclays reissued an “overweight” rating on shares of Kinder Morgan in a report on Friday, February 20th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Kinder Morgan in a research report on Thursday, January 22nd. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $33.46.

Insider Activity at Kinder Morgan

In other Kinder Morgan news, VP Anthony B. Ashley sold 8,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $31.95, for a total value of $255,600.00. Following the completion of the transaction, the vice president directly owned 100,146 shares in the company, valued at $3,199,664.70. This represents a 7.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO David Patrick Michels sold 20,000 shares of Kinder Morgan stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $30.00, for a total transaction of $600,000.00. Following the sale, the chief financial officer owned 139,428 shares in the company, valued at approximately $4,182,840. The trade was a 12.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 48,048 shares of company stock worth $1,469,863 in the last three months. Corporate insiders own 12.73% of the company’s stock.

About Representative Allen

Rick Allen (Republican Party) is a member of the U.S. House, representing Georgia’s 12th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Allen (Republican Party) ran for re-election to the U.S. House to represent Georgia’s 12th Congressional District. He won in the general election on November 5, 2024.

Allen was born in Augusta, Georgia, in 1951. He attended Auburn University in Alabama, graduating in 1973 with a B.S. in building construction.

After earning his degree, Allen worked as an estimator, project administrator and assistant to the president with a construction firm in Augusta. In 1976, he founded his own construction business, R. W. Allen & Associates, Inc. The company operates in six states across the country. In 2008, Allen was presented with the Augusta Metro Chamber of Commerce’s Small Business Person of the Year award.

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.