Capital One Financial Begins Coverage on Kinder Morgan (NYSE:KMI)

Key Points

• Capital One Financial initiated coverage of Kinder Morgan with an “equal weight” rating and a $36 price target, implying approximately 13.5% upside from the stock’s $31.73 opening price.
• Analyst sentiment remains mixed: eight analysts rate the stock a Buy and eleven rate it a Hold, resulting in an overall “Hold” consensus and an average price target of $35.69.
• Kinder Morgan recently exceeded quarterly expectations, reporting $0.37 in earnings per share versus the $0.31 consensus and $4.48 billion in revenue, up 10.8% year over year.

Analysts at Capital One Financial began coverage on shares of Kinder Morgan (NYSE:KMI - Get Free Report) in a research report issued to clients and investors on Tuesday, Briefing.com reports. The firm set an "equal weight" rating and a $36.00 price target on the pipeline company's stock. Capital One Financial's target price would indicate a potential upside of 13.46% from the company's current price.

Several other equities analysts have also commented on the stock. Citigroup reaffirmed a "neutral" rating on shares of Kinder Morgan in a research report on Wednesday, July 29th. UBS Group reissued a "buy" rating and set a $43.00 target price on shares of Kinder Morgan in a research report on Monday, June 15th. Morgan Stanley set a $33.00 price target on shares of Kinder Morgan in a research note on Thursday. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Kinder Morgan in a report on Wednesday, June 10th. Finally, Melius Research started coverage on shares of Kinder Morgan in a research note on Tuesday. They set a "buy" rating and a $38.00 price objective for the company. Eight equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $35.69.

Kinder Morgan Stock Down 0.3%

Shares of Kinder Morgan stock opened at $31.73 on Tuesday. The company has a quick ratio of 0.36, a current ratio of 0.46 and a debt-to-equity ratio of 0.91. The company has a market cap of $70.66 billion, a P/E ratio of 20.34, a PEG ratio of 2.24 and a beta of 0.56. The firm's 50 day moving average price is $31.76 and its 200-day moving average price is $32.24. Kinder Morgan has a 52-week low of $25.60 and a 52-week high of $34.81.

Kinder Morgan (NYSE:KMI - Get Free Report) last posted its earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 EPS for the quarter, beating analysts' consensus estimates of $0.31 by $0.06. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The company had revenue of $4.48 billion during the quarter, compared to analysts' expectations of $4.22 billion. During the same quarter in the prior year, the company posted $0.28 earnings per share. Kinder Morgan's revenue for the quarter was up 10.8% compared to the same quarter last year. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. On average, sell-side analysts predict that Kinder Morgan will post 1.55 EPS for the current fiscal year.

Insider Buying and Selling at Kinder Morgan

In related news, VP Michael Garthwaite sold 1,550 shares of the firm's stock in a transaction on Wednesday, September 16th. The shares were sold at an average price of $30.80, for a total transaction of $47,740.00. Following the completion of the transaction, the vice president owned 48,863 shares of the company's stock, valued at $1,504,980.40. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John Schlosser sold 6,166 shares of the business's stock in a transaction on Monday, July 6th. The shares were sold at an average price of $31.90, for a total transaction of $196,695.40. Following the transaction, the vice president owned 164,208 shares of the company's stock, valued at $5,238,235.20. This represents a 3.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 12.72% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Norges Bank acquired a new position in Kinder Morgan in the fourth quarter valued at about $1,132,125,000. Ontario Teachers Pension Plan Board purchased a new stake in Kinder Morgan in the second quarter valued at approximately $239,397,000. Eurizon Capital SGR S.p.A. acquired a new position in Kinder Morgan during the fourth quarter worth $85,364,000. Assenagon Asset Management S.A. lifted its stake in Kinder Morgan by 220.9% during the second quarter. Assenagon Asset Management S.A. now owns 3,915,696 shares of the pipeline company's stock worth $125,185,000 after purchasing an additional 2,695,654 shares in the last quarter. Finally, Royal London Asset Management Ltd. boosted its position in shares of Kinder Morgan by 94.1% during the fourth quarter. Royal London Asset Management Ltd. now owns 5,415,176 shares of the pipeline company's stock worth $148,863,000 after buying an additional 2,625,119 shares during the period. 62.52% of the stock is currently owned by hedge funds and other institutional investors.

Kinder Morgan Company Profile

Kinder Morgan, Inc NYSE: KMI is an energy infrastructure company that owns and operates pipelines, terminals, and storage facilities across North America. Its assets transport and store natural gas, crude oil, refined petroleum products, renewable fuels, and carbon dioxide.

The company's natural gas business supports gathering, processing, transportation, and storage, while its products pipeline network serves refineries, airports, utilities, and other industrial customers. Kinder Morgan also operates bulk and liquids terminals that handle energy products and other commodities, along with carbon dioxide infrastructure used in enhanced oil recovery and related applications.

Founded in 1997, Kinder Morgan has expanded through acquisitions and the development of energy infrastructure in the United States and Canada.

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