Bessemer Group Inc. Decreases Stock Holdings in Kinder Morgan, Inc. $KMI

Bessemer Group Inc. decreased its position in Kinder Morgan, Inc. (NYSE:KMI) by 4.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 5,696,145 shares of the pipeline company’s stock after selling 294,817 shares during the quarter. Bessemer Group Inc.’s holdings in Kinder Morgan were worth $156,587,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Board of the Pension Protection Fund purchased a new position in shares of Kinder Morgan during the fourth quarter valued at about $27,000. Dorato Capital Management purchased a new position in shares of Kinder Morgan during the fourth quarter valued at about $30,000. Strategic Advocates LLC purchased a new position in shares of Kinder Morgan during the third quarter valued at about $32,000. Torren Management LLC purchased a new position in shares of Kinder Morgan during the fourth quarter valued at about $32,000. Finally, Lodestone Wealth Management LLC purchased a new position in shares of Kinder Morgan during the fourth quarter valued at about $33,000. Hedge funds and other institutional investors own 62.52% of the company’s stock.

Kinder Morgan Stock Up 1.8%

Shares of Kinder Morgan stock opened at $33.41 on Friday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.41 and a current ratio of 0.52. The stock has a market capitalization of $74.33 billion, a PE ratio of 22.42, a price-to-earnings-growth ratio of 2.81 and a beta of 0.56. Kinder Morgan, Inc. has a 52-week low of $25.60 and a 52-week high of $34.73. The company has a 50-day simple moving average of $32.73 and a two-hundred day simple moving average of $29.92.

Kinder Morgan (NYSE:KMI) last issued its earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.10. The business had revenue of $4.83 billion during the quarter, compared to analysts’ expectations of $4.55 billion. Kinder Morgan had a net margin of 18.92% and a return on equity of 9.90%. The business’s revenue for the quarter was up 13.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.34 earnings per share. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. On average, analysts anticipate that Kinder Morgan, Inc. will post 1.49 EPS for the current fiscal year.

Kinder Morgan Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Monday, May 4th will be issued a dividend of $0.2975 per share. This is an increase from Kinder Morgan’s previous quarterly dividend of $0.29. This represents a $1.19 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend is Monday, May 4th. Kinder Morgan’s dividend payout ratio is currently 79.87%.

Trending Headlines about Kinder Morgan

Here are the key news stories impacting Kinder Morgan this week:

• Positive Sentiment: KMI was highlighted on Zacks’ “Strong Buy” income stock list, which can draw income-focused investors and reinforce bullish sentiment around the dividend and cash-flow profile.
• Positive Sentiment: Analyst sentiment remains constructive, with KMI reported to have a consensus rating of “Moderate Buy,” suggesting Wall Street still sees room for upside.
• Positive Sentiment: Recent commentary pointed to rising LNG demand, higher oil prices, and geopolitical tensions as tailwinds for Kinder Morgan’s pipeline and export-related business, helping explain the stock’s recent strength.
• Positive Sentiment: Articles about the company’s shifting story with new targets and a larger project backlog suggest improved growth visibility and potential longer-term expansion opportunities.
• Neutral Sentiment: MarketWatch noted that KMI has underperformed some peers on a relative basis despite daily gains, indicating the move may be more about steady accumulation than a major company-specific catalyst.
• Neutral Sentiment: Broader energy-sector news, including Cheniere Energy’s stronger-than-expected LNG results and higher guidance, may be lifting sentiment for LNG infrastructure names like Kinder Morgan even though it is not a direct KMI announcement.
• Neutral Sentiment: Coverage of Canada reconsidering expansion plans for the TMX pipeline underscores the market’s continued focus on strategic pipeline assets, a backdrop that can influence how investors value KMI’s network.

Insider Buying and Selling at Kinder Morgan

In other Kinder Morgan news, VP Michael P. Garthwaite sold 1,550 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $31.72, for a total value of $49,166.00. Following the completion of the transaction, the vice president directly owned 44,843 shares in the company, valued at $1,422,419.96. This represents a 3.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 the company’s stock in a transaction that occurred on Tuesday, May 5th. The stock was sold at an average price of $32.41, for a total transaction of $199,840.06. Following the completion of the transaction, the vice president owned 176,540 shares of the company’s stock, valued at approximately $5,721,661.40. The trade was a 3.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 29,598 shares of company stock valued at $966,877. Insiders own 12.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on KMI shares. Morgan Stanley boosted their price target on shares of Kinder Morgan from $34.00 to $36.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 3rd. Stifel Nicolaus boosted their price target on shares of Kinder Morgan from $30.00 to $33.00 and gave the company a “hold” rating in a research report on Friday, March 13th. Royal Bank Of Canada boosted their price target on shares of Kinder Morgan from $32.00 to $35.00 and gave the company a “sector perform” rating in a research report on Monday, March 30th. Freedom Capital upgraded shares of Kinder Morgan from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 28th. Finally, Mizuho boosted their price target on shares of Kinder Morgan from $31.00 to $37.00 and gave the company an “outperform” rating in a research report on Thursday, March 5th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price 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.