Kinder Morgan, Inc. (NYSE:KMI) Given Consensus Rating of “Moderate Buy” by Analysts

Kinder Morgan, Inc. (NYSE:KMI) has been given an average rating of “Moderate Buy” by the eighteen brokerages that are currently covering the company, MarketBeat reports. Ten research analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $34.20.

Several research analysts recently commented on KMI shares. Scotiabank boosted their price target on Kinder Morgan from $31.00 to $32.00 and gave the stock a “sector perform” rating in a research note on Thursday, March 26th. Citigroup boosted their price target on Kinder Morgan from $28.00 to $33.00 and gave the stock a “neutral” rating in a research note on Monday, March 30th. Freedom Capital upgraded Kinder Morgan from a “strong sell” rating to a “hold” rating in a research note on Wednesday, January 28th. Zacks Research upgraded Kinder Morgan from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 28th. Finally, Barclays reiterated an “overweight” rating on shares of Kinder Morgan in a research note on Friday, February 20th.

Insider Activity

In related news, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $32.93, for a total value of $203,046.38. Following the transaction, the vice president owned 182,706 shares in the company, valued at approximately $6,016,508.58. The trade was a 3.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael P. Garthwaite sold 1,550 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $33.65, for a total value of $52,157.50. Following the sale, the vice president owned 43,293 shares in the company, valued at $1,456,809.45. The trade was a 3.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 23,148 shares of company stock worth $763,434. Insiders own 12.72% of the company’s stock.

Institutional Trading of Kinder Morgan

Institutional investors and hedge funds have recently bought and sold shares of the company. Board of the Pension Protection Fund acquired a new stake in Kinder Morgan during the fourth quarter valued at approximately $27,000. Commonwealth Retirement Investments LLC acquired a new stake in Kinder Morgan during the fourth quarter valued at approximately $27,000. Frazier Financial Advisors LLC acquired a new stake in Kinder Morgan during the first quarter valued at approximately $28,000. Acumen Wealth Advisors LLC acquired a new stake in Kinder Morgan during the fourth quarter valued at approximately $28,000. Finally, Dorato Capital Management acquired a new stake in Kinder Morgan during the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 62.52% of the company’s stock.

Kinder Morgan Price Performance

Shares of NYSE KMI opened at $34.36 on Wednesday. Kinder Morgan has a 1-year low of $25.60 and a 1-year high of $34.81. The business has a 50-day moving average of $32.75 and a 200-day moving average of $30.09. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.52 and a quick ratio of 0.41. The company has a market capitalization of $76.44 billion, a price-to-earnings ratio of 23.06, a PEG ratio of 2.89 and a beta of 0.56.

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

Kinder Morgan Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Monday, May 4th were paid a $0.2975 dividend. This represents a $1.19 annualized dividend and a dividend yield of 3.5%. This is a positive change from Kinder Morgan’s previous quarterly dividend of $0.29. The ex-dividend date was Monday, May 4th. Kinder Morgan’s payout ratio is presently 79.87%.

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.