Kentucky Retirement Systems Cuts Position in Kinder Morgan, Inc. $KMI

Kentucky Retirement Systems trimmed its position in shares of Kinder Morgan, Inc. (NYSE:KMI) by 54.5% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,589 shares of the pipeline company’s stock after selling 66,504 shares during the period. Kentucky Retirement Systems’ holdings in Kinder Morgan were worth $2,001,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Frazier Financial Advisors LLC acquired a new position in Kinder Morgan during the 1st quarter worth about $28,000. Commonwealth Retirement Investments LLC acquired a new position in Kinder Morgan in the 4th quarter valued at about $27,000. First Pacific Financial increased its stake in Kinder Morgan by 9,900.0% during the first quarter. First Pacific Financial now owns 1,000 shares of the pipeline company’s stock worth $34,000 after purchasing an additional 990 shares during the period. Acumen Wealth Advisors LLC purchased a new stake in Kinder Morgan during the fourth quarter worth about $28,000. Finally, Cassaday & Co Wealth Management LLC acquired a new stake in shares of Kinder Morgan during the first quarter worth about $34,000. 62.52% of the stock is owned by institutional investors and hedge funds.

Kinder Morgan Stock Down 0.7%

Shares of Kinder Morgan stock opened at $31.64 on Friday. Kinder Morgan, Inc. has a 52-week low of $25.60 and a 52-week high of $34.81. The company has a 50 day moving average of $32.09 and a 200 day moving average of $31.99. The company has a quick ratio of 0.41, a current ratio of 0.46 and a debt-to-equity ratio of 0.91. The company has a market capitalization of $70.45 billion, a P/E ratio of 20.28, a P/E/G ratio of 2.60 and a beta of 0.54.

Kinder Morgan (NYSE:KMI) last announced its quarterly earnings data on Wednesday, July 22nd. The pipeline company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.06. The company had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.22 billion. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The company’s quarterly revenue was up 10.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.28 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. As a group, research analysts forecast that Kinder Morgan, Inc. will post 1.52 EPS for the current fiscal year.

Kinder Morgan Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be given a dividend of $0.2975 per share. This represents a $1.19 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Monday, August 3rd. Kinder Morgan’s dividend payout ratio is currently 76.28%.

Insider Transactions at Kinder Morgan

In other news, VP John W. Schlosser sold 6,166 shares of the firm’s stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $32.41, for a total transaction of $199,840.06. Following the sale, the vice president owned 176,540 shares of the company’s stock, valued at approximately $5,721,661.40. This trade represents a 3.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible 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 business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $31.44, for a total value of $48,732.00. Following the sale, the vice president owned 41,743 shares of the company’s stock, valued at approximately $1,312,399.92. The trade was a 3.58% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 21,598 shares of company stock worth $693,689. Company insiders own 12.72% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on KMI shares. Wells Fargo & Company lifted their price objective on shares of Kinder Morgan from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Weiss Ratings downgraded shares of Kinder Morgan from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Tuesday, June 23rd. Citigroup reaffirmed a “neutral” rating on shares of Kinder Morgan in a research report on Wednesday. Jefferies Financial Group reiterated a “hold” rating on shares of Kinder Morgan in a report on Thursday, July 23rd. Finally, UBS Group reissued a “buy” rating and set a $43.00 target price on shares of Kinder Morgan in a research note on Monday, June 15th. Eight investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $35.50.

Key Stories Impacting Kinder Morgan

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

• Positive Sentiment: US Capital Advisors raised its FY2026 EPS forecast to $1.52 from $1.44, moving closer to the broader consensus estimate of $1.54. The firm also increased its estimates for Q4 2026, Q1–Q3 2027, and Q4 2027, indicating improved expectations for Kinder Morgan’s pipeline and energy infrastructure earnings.
• Positive Sentiment: The firm lifted its FY2028 EPS forecast to $1.50 from $1.45, providing a modestly more constructive long-term outlook. Kinder Morgan’s latest reported quarter also exceeded expectations, with $0.37 in EPS versus the $0.31 consensus and revenue of $4.48 billion versus $4.22 billion.
• Neutral Sentiment: Wall Street remains somewhat bullish on KMI, but the stock has narrowly lagged the broader market over the past year. The latest estimate changes are relatively small, and US Capital Advisors’ FY2026 forecast is still below the $1.54 consensus. Kinder Morgan Stock Outlook: Is Wall Street Bullish or Bearish?
• Negative Sentiment: A Kinder Morgan executive disposed of 5,695 shares worth approximately $184,000. Most of the shares—4,145—were withheld for taxes, while 1,550 were sold under a pre-established 10b5-1 trading plan, making the transaction less concerning than an entirely discretionary sale but still a potential near-term sentiment headwind. Kinder Morgan Executive Share Sale

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.