Kinder Morgan, Inc. (NYSE:KMI) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Analysts maintain a “Hold” consensus on Kinder Morgan, with 10 hold ratings and eight buy ratings among 18 firms. The average 12-month price target is $35.67 versus the reported share price of $30.90.
• Kinder Morgan exceeded quarterly expectations, reporting $0.37 EPS versus the $0.31 consensus and $4.48 billion in revenue, up 10.8% year over year. Analysts expect approximately $1.55 in EPS for the current year.
• The company recently paid a quarterly dividend of $0.2975, equivalent to an annualized $1.19 dividend and a 3.9% yield; institutional investors own 62.52% of outstanding shares.

Shares of Kinder Morgan, Inc. (NYSE:KMI - Get Free Report) have been given an average recommendation of "Hold" by the eighteen ratings firms that are presently covering the firm, Marketbeat Ratings reports. Ten research analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $35.6667.

KMI has been the subject of a number of recent analyst reports. Stifel Nicolaus assumed coverage on shares of Kinder Morgan in a research report on Wednesday, September 9th. They issued a "hold" rating and a $35.00 price target for the company. Jefferies Financial Group restated a "hold" rating on shares of Kinder Morgan in a research note on Thursday, July 23rd. The Goldman Sachs Group reaffirmed a "buy" rating on shares of Kinder Morgan in a report on Wednesday, June 10th. Morgan Stanley set a $38.00 price target on Kinder Morgan in a research note on Wednesday, July 29th. Finally, Weiss Ratings cut Kinder Morgan from a "buy (a-)" rating to a "buy (b+)" rating in a report on Tuesday, June 23rd.

Insider Transactions at Kinder Morgan

In other news, VP John Schlosser sold 6,166 shares of Kinder Morgan stock in a transaction that occurred 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 sale, the vice president owned 164,208 shares in the company, valued at $5,238,235.20. This trade represents a 3.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 12.72% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Klingman & Associates LLC boosted its stake in shares of Kinder Morgan by 3.9% during the 1st quarter. Klingman & Associates LLC now owns 8,498 shares of the pipeline company's stock worth $285,000 after acquiring an additional 319 shares in the last quarter. TD Capital Management LLC increased its stake in shares of Kinder Morgan by 36.0% in the 4th quarter. TD Capital Management LLC now owns 1,220 shares of the pipeline company's stock valued at $34,000 after purchasing an additional 323 shares in the last quarter. Transamerica Financial Advisors LLC increased its stake in shares of Kinder Morgan by 72.9% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 778 shares of the pipeline company's stock valued at $25,000 after purchasing an additional 328 shares in the last quarter. Abel Hall LLC raised its holdings in Kinder Morgan by 4.0% in the 1st quarter. Abel Hall LLC now owns 8,588 shares of the pipeline company's stock worth $288,000 after purchasing an additional 330 shares during the period. Finally, Waddell & Associates LLC raised its holdings in Kinder Morgan by 1.3% in the 4th quarter. Waddell & Associates LLC now owns 26,206 shares of the pipeline company's stock worth $720,000 after purchasing an additional 336 shares during the period. Institutional investors own 62.52% of the company's stock.

Kinder Morgan Stock Up 0.1%

NYSE KMI opened at $30.90 on Tuesday. 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. The company has a market capitalization of $68.81 billion, a P/E ratio of 19.81, a price-to-earnings-growth ratio of 2.17 and a beta of 0.56. The stock's 50-day moving average price is $31.87 and its 200-day moving average price is $32.32.

Kinder Morgan (NYSE:KMI - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.06. Kinder Morgan had a return on equity of 10.46% and a net margin of 19.31%.The company had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.22 billion. During the same period in the previous year, the company posted $0.28 EPS. The firm's 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. On average, equities research analysts predict that Kinder Morgan will post 1.55 earnings per share for the current year.

Kinder Morgan Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 3rd were issued a $0.2975 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.19 dividend on an annualized basis and a yield of 3.9%. Kinder Morgan's payout ratio is currently 76.28%.

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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