Kinder Morgan, Inc. $KMI Shares Sold by Natixis Advisors LLC

Natixis Advisors LLC lowered its stake in Kinder Morgan, Inc. (NYSE:KMI) by 3.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 874,724 shares of the pipeline company’s stock after selling 28,853 shares during the period. Natixis Advisors LLC’s holdings in Kinder Morgan were worth $24,046,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of KMI. Norges Bank acquired a new stake in Kinder Morgan in the 4th quarter valued at about $1,132,125,000. AQR Capital Management LLC raised its position in Kinder Morgan by 431.9% in the 3rd quarter. AQR Capital Management LLC now owns 6,569,082 shares of the pipeline company’s stock valued at $185,971,000 after purchasing an additional 5,333,986 shares in the last quarter. Merewether Investment Management LP acquired a new stake in Kinder Morgan in the 2nd quarter valued at about $138,477,000. Zimmer Partners LP raised its position in Kinder Morgan by 177.8% in the 3rd quarter. Zimmer Partners LP now owns 6,070,100 shares of the pipeline company’s stock valued at $171,845,000 after purchasing an additional 3,885,000 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. acquired a new stake in Kinder Morgan in the 4th quarter valued at about $85,364,000. Institutional investors and hedge funds own 62.52% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Mizuho raised their target price on Kinder Morgan from $31.00 to $37.00 and gave the stock an “outperform” rating in a research report on Thursday, March 5th. Wolfe Research lowered Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Stifel Nicolaus raised their target price on Kinder Morgan from $30.00 to $33.00 and gave the stock a “hold” rating in a research report on Friday, March 13th. Barclays reissued an “overweight” rating on shares of Kinder Morgan in a research report on Friday, February 20th. Finally, Royal Bank Of Canada raised 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. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.20.

Kinder Morgan Price Performance

Shares of NYSE KMI opened at $31.70 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. Kinder Morgan, Inc. has a fifty-two week low of $25.60 and a fifty-two week high of $34.81. The firm has a market capitalization of $70.53 billion, a PE ratio of 21.28, a price-to-earnings-growth ratio of 2.62 and a beta of 0.54. The stock’s 50-day simple moving average is $32.53 and its 200-day simple moving average is $30.58.

Kinder Morgan (NYSE:KMI) last released its quarterly earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.34 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. As a group, equities research analysts forecast that Kinder Morgan, Inc. will post 1.49 EPS for the current fiscal year.

Kinder Morgan Increases Dividend

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

Insider Buying and Selling

In related news, VP John W. Schlosser sold 6,166 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $32.93, for a total transaction of $203,046.38. Following the transaction, the vice president owned 182,706 shares in the company, valued at $6,016,508.58. This trade represents a 3.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael P. Garthwaite sold 1,550 shares of the firm’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $33.65, for a total value of $52,157.50. Following the transaction, the vice president owned 43,293 shares in the company, valued at $1,456,809.45. This represents 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. Insiders have sold a total of 16,982 shares of company stock worth $555,825 in the last 90 days. 12.72% of the stock is currently owned by company insiders.

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.