Kinder Morgan (NYSE:KMI) Stock Moved Up to Buy by Freedom Broker

Key Points

• Freedom Broker upgraded Kinder Morgan to “buy” from “hold” and raised its price target from $34 to $39, implying approximately 15.8% upside from the prior close.
• Kinder Morgan’s latest quarter exceeded expectations, with EPS of $0.35 versus the $0.33 consensus and revenue of $4.53 billion, up 9.3% year over year.
• Analyst sentiment is broadly favorable, with a “Moderate Buy” consensus and an average target of $36.35, though projected 2026 adjusted EPS below consensus could limit near-term enthusiasm.

Kinder Morgan (NYSE:KMI - Get Free Report) was upgraded by stock analysts at Freedom Broker from a "hold" rating to a "buy" rating in a research note issued on Thursday, Benzinga reports. The firm currently has a $39.00 price target on the pipeline company's stock, up from their previous price target of $34.00. Freedom Broker's price objective suggests a potential upside of 15.80% from the company's previous close.

Several other analysts have also recently commented on the company. Citigroup restated a "neutral" rating and issued a $34.00 price target (up from $33.00) on shares of Kinder Morgan in a report on Wednesday, July 29th. Royal Bank Of Canada increased their price objective on shares of Kinder Morgan from $35.00 to $36.00 and gave the stock a "sector perform" rating in a report on Tuesday, September 22nd. Argus raised their target price on shares of Kinder Morgan from $36.00 to $38.00 and gave the stock a "buy" rating in a research report on Tuesday, July 28th. Weiss Ratings downgraded shares of Kinder Morgan from a "buy (b+)" rating to a "buy (b)" rating in a report on Thursday, October 8th. Finally, JPMorgan Chase & Co. upped their price target on shares of Kinder Morgan from $34.00 to $36.00 and gave the stock a "neutral" rating in a research report on Friday, September 4th. Twelve investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $36.35.

Kinder Morgan Price Performance

NYSE KMI traded down $0.29 during mid-day trading on Thursday, hitting $33.68. The stock had a trading volume of 30,282,945 shares, compared to its average volume of 12,285,607. The company has a 50 day simple moving average of $31.82 and a 200 day simple moving average of $32.03. The company has a market cap of $74.99 billion, a price-to-earnings ratio of 21.59, a P/E/G ratio of 2.36 and a beta of 0.59. Kinder Morgan has a 52-week low of $25.60 and a 52-week high of $34.81. 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 - Get Free Report) last issued its quarterly earnings data on Wednesday, October 21st. The pipeline company reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.02. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The business had revenue of $4.53 billion during the quarter, compared to analysts' expectations of $4.37 billion. During the same period last year, the company posted $0.29 EPS. The company's revenue was up 9.3% on a year-over-year basis. Equities analysts forecast that Kinder Morgan will post 1.56 EPS for the current fiscal year.

Insider Buying and Selling

In other news, VP Michael Garthwaite sold 1,550 shares of the stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $33.65, for a total transaction of $52,157.50. Following the transaction, the vice president owned 47,313 shares of the company's stock, valued at approximately $1,592,082.45. This trade represents a 3.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 12.72% of the stock is owned by company insiders.

Institutional Investors Weigh In On Kinder Morgan

A number of institutional investors have recently modified their holdings of KMI. Old North State Wealth Management LLC boosted its holdings in shares of Kinder Morgan by 1.5% during the 3rd quarter. Old North State Wealth Management LLC now owns 85,651 shares of the pipeline company's stock worth $2,583,000 after buying an additional 1,248 shares in the last quarter. Royal Fund Management LLC boosted its position in shares of Kinder Morgan by 4.8% during the 3rd quarter. Royal Fund Management LLC now owns 67,841 shares of the pipeline company's stock worth $2,045,000 after purchasing an additional 3,103 shares in the last quarter. Root Financial Partners LLC boosted its position in shares of Kinder Morgan by 6.4% during the 3rd quarter. Root Financial Partners LLC now owns 8,164 shares of the pipeline company's stock worth $246,000 after purchasing an additional 488 shares in the last quarter. Precedent Wealth Partners LLC grew its stake in shares of Kinder Morgan by 3.2% in the 3rd quarter. Precedent Wealth Partners LLC now owns 107,491 shares of the pipeline company's stock valued at $3,241,000 after buying an additional 3,383 shares during the period. Finally, Magnus Financial Group LLC grew its stake in shares of Kinder Morgan by 5.9% in the 3rd quarter. Magnus Financial Group LLC now owns 11,990 shares of the pipeline company's stock valued at $361,000 after buying an additional 669 shares during the period. Institutional investors own 62.52% of the company's stock.

Key Headlines Impacting Kinder Morgan

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

• Positive Sentiment: Q3 earnings and revenue exceeded estimates. Kinder Morgan reported adjusted EPS of $0.35, above the $0.33 consensus, while revenue rose 9.3% year over year to $4.53 billion, surpassing the $4.37 billion estimate. EPS increased 21% from the year-ago quarter. KMI Q3 Earnings Beat Estimates on Natural Gas Pipeline Strength
• Positive Sentiment: Natural gas demand is expanding the company’s growth runway. Kinder Morgan cited higher natural gas volumes, record EBITDA and increasing demand from data centers, power generation and LNG exports. Its expansion backlog reached approximately $14.4 billion, including $5.4 billion of new additions. Kinder Morgan to invest $4.7 billion in two gas pipeline projects
• Positive Sentiment: Major pipeline investments strengthen long-term visibility. The company reached final investment decisions on the Southeast Connector and Permian Link projects and committed $4.7 billion to the developments, including infrastructure intended to serve power and data-center demand. Kinder Morgan approves $4.7bn for US gas pipelines
• Positive Sentiment: Analysts raised their expectations. Following the results, analysts lifted price targets into a $37-$40 range; Mizuho raised its target from $37 to $39 and maintained an “outperform” rating. Kinder Morgan Analysts Boost Their Forecasts Following Upbeat Q3 Earnings
• Neutral Sentiment: Dividend income remains attractive. Kinder Morgan declared a quarterly dividend of $0.2975 per share, or $1.19 annualized, representing a yield of roughly 3.6%. The payment is scheduled for November 16 to shareholders of record November 2. Kinder Morgan declares $0.2975 dividend
• Negative Sentiment: Forward earnings expectations may temper enthusiasm. Kinder Morgan expects 2026 adjusted EPS of $1.36, below the FactSet consensus estimate of $1.54, despite affirming its broader full-year guidance. The stock is also trading near its 52-week high, leaving less room for disappointment. Kinder Morgan Expects 2026 Adjusted EPS of $1.36

Kinder Morgan Company Profile

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.

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