Kinder Morgan, Inc. $KMI Shares Purchased by Sound Shore Management Inc. CT

Sound Shore Management Inc. CT raised its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI) by 27.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,391,203 shares of the pipeline company’s stock after buying an additional 720,295 shares during the period. Kinder Morgan comprises 3.0% of Sound Shore Management Inc. CT’s portfolio, making the stock its 11th largest holding. Sound Shore Management Inc. CT’s holdings in Kinder Morgan were worth $93,224,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Board of the Pension Protection Fund acquired a new stake in Kinder Morgan during the 4th quarter valued at approximately $27,000. Dorato Capital Management acquired a new position in shares of Kinder Morgan in the 4th quarter worth approximately $30,000. Basepoint Wealth LLC acquired a new position in shares of Kinder Morgan in the 4th quarter worth approximately $30,000. Strategic Advocates LLC acquired a new position in shares of Kinder Morgan in the 3rd quarter worth approximately $32,000. Finally, Torren Management LLC acquired a new position in shares of Kinder Morgan in the 4th quarter worth approximately $32,000. Institutional investors and hedge funds own 62.52% of the company’s stock.

Key Headlines Impacting Kinder Morgan

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

• Positive Sentiment: Kinder Morgan extended its US$3.5 billion revolving credit facility to May 21, 2031 and increased swingline borrowing capacity to US$400 million, improving liquidity and giving the company more flexibility to fund projects and operations. Is Kinder Morgan’s Extended US$3.5 Billion Credit Line Reshaping the Investment Case for KMI?
• Positive Sentiment: US Capital Advisors raised its FY2026 and FY2028 earnings estimates for Kinder Morgan, signaling continued confidence in earnings growth and supporting the stock’s valuation. Kinder Morgan, Inc. (NYSE:KMI) – Free Report
• Positive Sentiment: Several articles pointed to rising U.S. gas demand, LNG exports, and data-center power needs as long-term catalysts for Kinder Morgan’s fee-based pipeline and midstream business. How Will Rising Gas Demand Shape Kinder Morgan’s Business Outlook?
• Neutral Sentiment: Brokerage commentary continued to show an overall favorable average recommendation on KMI, but the coverage mainly reiterated existing sentiment rather than announcing a major new rating change. Brokers Suggest Investing in Kinder Morgan (KMI): Read This Before Placing a Bet
• Neutral Sentiment: Recent market recap pieces noted KMI outperformed the broader market in the prior session, reflecting momentum rather than a fresh company-specific catalyst. Kinder Morgan (KMI) Beats Stock Market Upswing: What Investors Need to Know

Kinder Morgan Trading Down 0.1%

NYSE:KMI opened at $31.41 on Thursday. Kinder Morgan, Inc. has a 12-month low of $25.60 and a 12-month high of $34.81. The firm has a market capitalization of $69.89 billion, a P/E ratio of 21.08, a P/E/G ratio of 2.62 and a beta of 0.54. 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 business has a 50 day simple moving average of $32.57 and a 200 day simple moving average of $30.55.

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

Kinder Morgan Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 4th were paid a dividend of $0.2975 per share. This represents a $1.19 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Monday, May 4th. This is an increase from Kinder Morgan’s previous quarterly dividend of $0.29. Kinder Morgan’s dividend payout ratio (DPR) is presently 79.87%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on KMI shares. Weiss Ratings upgraded Kinder Morgan from a “buy (b)” rating to a “buy (a-)” rating in a research report on Monday, May 4th. Barclays reiterated an “overweight” rating on shares of Kinder Morgan in a research report on Friday, February 20th. Jefferies Financial Group decreased their target price on Kinder Morgan from $36.00 to $34.00 and set a “hold” rating for the company in a research report on Thursday, April 23rd. Royal Bank Of Canada lifted their target price on Kinder Morgan from $32.00 to $35.00 and gave the stock a “sector perform” rating in a research report on Monday, March 30th. Finally, Scotiabank lifted their target price on Kinder Morgan from $31.00 to $32.00 and gave the stock a “sector perform” rating in a research report on Thursday, March 26th. Two investment 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 currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.20.

Insider Buying and Selling at Kinder Morgan

In other Kinder Morgan news, VP Michael P. Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction on Monday, May 18th. The stock was sold at an average price of $33.65, for a total transaction of $52,157.50. Following the sale, the vice president owned 43,293 shares of the company’s stock, valued at $1,456,809.45. The trade was a 3.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 on Tuesday, May 5th. The shares were sold at an average price of $32.41, for a total value of $199,840.06. Following the sale, the vice president directly owned 176,540 shares in the company, valued at $5,721,661.40. The trade was a 3.37% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 16,982 shares of company stock worth $555,825 in the last ninety days. 12.72% of the stock is owned by company 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.