Two Sigma Securities LLC Acquires 19,669 Shares of Kinder Morgan, Inc. $KMI

Two Sigma Securities LLC grew its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI) by 321.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 25,779 shares of the pipeline company’s stock after purchasing an additional 19,669 shares during the period. Two Sigma Securities LLC’s holdings in Kinder Morgan were worth $824,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC bought a new position in shares of Kinder Morgan during the fourth quarter valued at $308,000. Schnieders Capital Management LLC. boosted its stake in Kinder Morgan by 11.4% in the 2nd quarter. Schnieders Capital Management LLC. now owns 69,444 shares of the pipeline company’s stock worth $2,042,000 after purchasing an additional 7,081 shares in the last quarter. NewEdge Advisors LLC grew its position in Kinder Morgan by 2.1% during the 2nd quarter. NewEdge Advisors LLC now owns 270,876 shares of the pipeline company’s stock valued at $7,964,000 after purchasing an additional 5,586 shares during the last quarter. Nebula Research & Development LLC purchased a new stake in Kinder Morgan during the 2nd quarter valued at about $1,168,000. Finally, Sei Investments Co. increased its stake in Kinder Morgan by 20.4% during the 2nd quarter. Sei Investments Co. now owns 861,465 shares of the pipeline company’s stock valued at $25,328,000 after purchasing an additional 145,806 shares in the last quarter. Hedge funds and other institutional investors own 62.52% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on KMI shares. Citigroup reiterated a “neutral” rating on shares of Kinder Morgan in a research note on Wednesday, July 29th. Jefferies Financial Group reissued a “hold” rating on shares of Kinder Morgan in a research report on Thursday, July 23rd. Morgan Stanley set a $38.00 price objective on Kinder Morgan in a research report on Wednesday, July 29th. Weiss Ratings downgraded Kinder Morgan from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Tuesday, June 23rd. Finally, UBS Group reissued a “buy” rating and issued a $43.00 target price on shares of Kinder Morgan in a report on Monday, June 15th. Eight research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Kinder Morgan has a consensus rating of “Hold” and a consensus price target of $35.50.

Kinder Morgan Stock Performance

Shares of NYSE KMI opened at $32.13 on Wednesday. The firm’s 50-day moving average price is $32.02 and its 200-day moving average price is $32.38. Kinder Morgan, Inc. has a 52-week low of $25.60 and a 52-week high of $34.81. The company has a market cap of $71.55 billion, a PE ratio of 20.60, a PEG ratio of 2.52 and a beta of 0.56. The company has a quick ratio of 0.36, a current ratio of 0.46 and a debt-to-equity ratio of 0.91.

Kinder Morgan (NYSE:KMI) last released its quarterly earnings data on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.06. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The firm had revenue of $4.48 billion during the quarter, compared to analysts’ expectations of $4.22 billion. During the same period in the previous year, the company earned $0.28 earnings per share. The firm’s quarterly revenue was up 10.8% on a year-over-year basis. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. As a group, analysts anticipate that Kinder Morgan, Inc. will post 1.55 EPS for the current year.

Kinder Morgan Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.2975 per share. This represents a $1.19 annualized dividend and a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, August 3rd. Kinder Morgan’s dividend payout ratio is presently 76.28%.

Insiders Place Their Bets

In related news, VP Michael P. Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $31.44, for a total transaction of $48,732.00. Following the transaction, the vice president directly owned 41,743 shares in the company, valued at approximately $1,312,399.92. The trade was a 3.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 John W. Schlosser sold 6,166 shares of Kinder Morgan stock in a transaction on Friday, June 5th. The shares were sold at an average price of $31.83, for a total transaction of $196,263.78. Following the transaction, the vice president owned 170,374 shares in the company, valued at approximately $5,423,004.42. This trade represents a 3.49% 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. Over the last 90 days, insiders sold 13,882 shares of company stock worth $441,691. Company insiders own 12.72% of the company’s stock.

About Kinder Morgan

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.