Mizuho Issues Positive Forecast for Kinder Morgan (NYSE:KMI) Stock Price

Kinder Morgan (NYSE:KMI) had its target price boosted by Mizuho from $37.00 to $39.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has an “outperform” rating on the pipeline company’s stock. Mizuho’s price objective indicates a potential upside of 14.80% from the stock’s current price.

A number of other research analysts also recently issued reports on the company. Stifel Nicolaus began coverage on Kinder Morgan in a report on Wednesday, September 9th. They issued a “hold” rating and a $35.00 price target on the stock. Weiss Ratings downgraded Kinder Morgan from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Wells Fargo & Company reiterated an “overweight” rating on shares of Kinder Morgan in a research note on Thursday. Capital One Financial initiated coverage on shares of Kinder Morgan in a report on Tuesday, September 22nd. They issued an “equal weight” rating and a $36.00 target price for the company. Finally, Melius Research assumed coverage on shares of Kinder Morgan in a research report on Tuesday, September 22nd. They set a “buy” rating and a $38.00 price target for the company. Eleven equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $35.58.

Kinder Morgan Trading Up 1.2%

NYSE KMI opened at $33.97 on Thursday. The company’s 50-day simple moving average is $31.82 and its two-hundred day simple moving average is $32.03. Kinder Morgan has a one year low of $25.60 and a one year high of $34.81. The company has a market capitalization of $75.65 billion, a price-to-earnings ratio of 21.94, a price-to-earnings-growth ratio of 2.36 and a beta of 0.59. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.36 and a current ratio of 0.46.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings data on Wednesday, October 21st. The pipeline company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The company had revenue of $4.53 billion during the quarter, compared to the consensus estimate of $4.37 billion. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. Kinder Morgan’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.29 earnings per share. Equities analysts forecast that Kinder Morgan will post 1.56 EPS for the current fiscal year.

Insider Activity at Kinder Morgan

In other news, VP Michael Garthwaite sold 1,550 shares of the firm’s stock in a transaction on Friday, October 16th. The stock was sold at an average price of $33.65, for a total value of $52,157.50. Following the completion of the sale, the vice president owned 47,313 shares of the company’s stock, valued at $1,592,082.45. This trade represents a 3.17% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 12.72% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. grew its stake in shares of Kinder Morgan by 1.1% during the second quarter. BlackRock Inc. now owns 175,834,246 shares of the pipeline company’s stock worth $5,621,421,000 after acquiring an additional 1,875,143 shares during the last quarter. State Street Corp boosted its stake in Kinder Morgan by 4.3% in the 2nd quarter. State Street Corp now owns 130,863,419 shares of the pipeline company’s stock worth $4,183,704,000 after purchasing an additional 5,361,578 shares in the last quarter. Bank of America Corp DE boosted its stake in Kinder Morgan by 1.4% in the 1st quarter. Bank of America Corp DE now owns 62,018,394 shares of the pipeline company’s stock worth $2,079,477,000 after purchasing an additional 836,571 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Kinder Morgan by 2.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 17,237,384 shares of the pipeline company’s stock worth $577,998,000 after purchasing an additional 448,130 shares during the last quarter. Finally, Amundi increased its stake in Kinder Morgan by 5.8% during the 1st quarter. Amundi now owns 15,130,700 shares of the pipeline company’s stock valued at $507,332,000 after purchasing an additional 831,125 shares in the last quarter. 62.52% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Kinder Morgan

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

• Positive Sentiment: Q3 earnings and revenue exceeded expectations. Kinder Morgan reported adjusted earnings of $0.35 per share, ahead of the $0.33 consensus estimate and up from $0.29 a year earlier. Revenue increased 9.3% year over year to $4.53 billion, surpassing the $4.37 billion estimate, while net income reached $764 million. Kinder Morgan Q3 earnings report
• Positive Sentiment: Natural-gas growth prospects strengthened. Kinder Morgan added $5.4 billion to its expansion project backlog, reportedly bringing the total backlog to a record level as demand from data centers, power generation and LNG exports accelerates. The company also committed billions of dollars to new pipeline projects, including infrastructure intended to supply a data center. Kinder Morgan pipeline investment article
• Positive Sentiment: The dividend was maintained. KMI declared a quarterly dividend of $0.2975 per share, or $1.19 annualized, representing an indicated yield of approximately 3.5%. The dividend is payable November 16 to shareholders of record November 2. Kinder Morgan dividend announcement
• Neutral Sentiment: Management’s earnings outlook trails expectations. Kinder Morgan expects 2026 adjusted EPS of $1.36, below the FactSet estimate of $1.54, potentially limiting the immediate upside from the strong quarter. Kinder Morgan 2026 EPS outlook
• Negative Sentiment: An executive stock sale adds a minor overhang. Vice President Michael Garthwaite sold 1,550 shares for approximately $52,158 under a pre-arranged Rule 10b5-1 plan. Because the sale was relatively small and preplanned, it may have limited significance for investors. Kinder Morgan insider transaction filing

About Kinder Morgan

Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and other transportation and storage facilities. Its systems primarily support the movement, processing, and storage of natural gas, crude oil, refined petroleum products, and other energy commodities.

The company’s natural gas business transports and stores natural gas for utilities, power generators, industrial customers, and other energy companies. Kinder Morgan also operates refined products and crude oil pipelines, liquids terminals, and carbon dioxide infrastructure.