Advisors Capital Management LLC Raises Stock Position in Kinder Morgan, Inc. $KMI

Key Points

• Advisors Capital Management increased its stake in Kinder Morgan by 4.3% to 2,955,890 shares (about $81.26M), making KMI its 22nd largest holding and roughly 0.13% of the company.
• KMI beat Q1 estimates with revenue of $4.83B (+13.8% YoY) and EPS of $0.48 versus $0.38 expected, and the company raised its quarterly dividend to $0.2975 (annualized yield ~3.8%).
• Analyst sentiment is mixed: the consensus rating is a "Hold" with an average price target of $34.20, while some firms have raised targets and others have downgraded, creating divergent near‑term outlooks.

Advisors Capital Management LLC raised its stake in shares of Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 4.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,955,890 shares of the pipeline company's stock after purchasing an additional 121,160 shares during the quarter. Kinder Morgan makes up about 1.0% of Advisors Capital Management LLC's holdings, making the stock its 22nd biggest holding. Advisors Capital Management LLC owned about 0.13% of Kinder Morgan worth $81,257,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Personal CFO Solutions LLC grew its position in shares of Kinder Morgan by 4.5% in the 4th quarter. Personal CFO Solutions LLC now owns 7,896 shares of the pipeline company's stock worth $217,000 after buying an additional 340 shares during the period. Golden State Equity Partners grew its position in shares of Kinder Morgan by 2.2% in the 3rd quarter. Golden State Equity Partners now owns 17,131 shares of the pipeline company's stock worth $485,000 after buying an additional 368 shares during the period. Red Door Wealth Management LLC grew its position in shares of Kinder Morgan by 2.2% in the 4th quarter. Red Door Wealth Management LLC now owns 17,772 shares of the pipeline company's stock worth $489,000 after buying an additional 389 shares during the period. Tradewinds Capital Management LLC grew its position in shares of Kinder Morgan by 11.1% in the 3rd quarter. Tradewinds Capital Management LLC now owns 4,013 shares of the pipeline company's stock worth $114,000 after buying an additional 401 shares during the period. Finally, Ascent Group LLC grew its position in shares of Kinder Morgan by 3.5% in the 3rd quarter. Ascent Group LLC now owns 11,935 shares of the pipeline company's stock worth $338,000 after buying an additional 405 shares during the period. Institutional investors own 62.52% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on KMI shares. Mizuho upped their target price on shares of Kinder Morgan from $31.00 to $37.00 and gave the stock an "outperform" rating in a research report on Thursday, March 5th. Truist Financial began coverage on shares of Kinder Morgan in a research report on Tuesday, March 24th. They set a "hold" rating and a $38.00 price objective on the stock. Royal Bank Of Canada increased their price objective on shares of Kinder Morgan from $32.00 to $35.00 and gave the company a "sector perform" rating in a research report on Monday, March 30th. Wolfe Research downgraded shares of Kinder Morgan from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, April 21st. Finally, Scotiabank increased their price objective on shares of Kinder Morgan from $31.00 to $32.00 and gave the company a "sector perform" rating in a research report on Thursday, March 26th. Seven investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, Kinder Morgan presently has an average rating of "Hold" and an average price target of $34.20.

Kinder Morgan Price Performance

Shares of NYSE:KMI opened at $31.72 on Friday. The firm's 50 day moving average price is $32.91 and its 200-day moving average price is $29.50. Kinder Morgan, Inc. has a twelve month low of $25.60 and a twelve month high of $34.73. The company has a quick ratio of 0.50, a current ratio of 0.52 and a debt-to-equity ratio of 0.92. The stock has a market capitalization of $70.58 billion, a PE ratio of 21.29, a price-to-earnings-growth ratio of 2.85 and a beta of 0.64.

Kinder Morgan (NYSE:KMI - Get Free Report) last released its earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.38 by $0.10. Kinder Morgan had a net margin of 18.92% and a return on equity of 9.90%. The company had revenue of $4.83 billion for the quarter, compared to analysts' expectations of $4.55 billion. During the same quarter last year, the business earned $0.34 EPS. The firm's revenue was up 13.8% compared to the same quarter last year. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Equities research analysts expect that Kinder Morgan, Inc. will post 1.42 EPS for the current year.

Kinder Morgan Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Monday, May 4th will be paid a dividend of $0.2975 per share. This represents a $1.19 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Monday, May 4th. This is a positive change from Kinder Morgan's previous quarterly dividend of $0.29. Kinder Morgan's dividend payout ratio (DPR) is 79.87%.

Insider Activity

In other Kinder Morgan news, VP Michael P. Garthwaite sold 1,550 shares of the firm's stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $31.72, for a total transaction of $49,166.00. Following the sale, the vice president owned 44,843 shares in the company, valued at approximately $1,422,419.96. This trade represents a 3.34% decrease in their position. The transaction was disclosed in a legal filing 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, Director William A. Smith bought 3,000 shares of the firm's stock in a transaction on Monday, February 2nd. The shares were purchased at an average price of $29.75 per share, for a total transaction of $89,250.00. Following the purchase, the director owned 31,087 shares in the company, valued at $924,838.25. This trade represents a 10.68% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 29,598 shares of company stock worth $952,572 in the last quarter. 12.72% of the stock is currently owned by insiders.

Key Kinder Morgan News

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

• Positive Sentiment: KMI beat Q1 estimates: revenue rose ~13.8% YoY to $4.83B and non‑GAAP EPS of $0.48 topped consensus, driven by natural gas pipeline volumes and strong segment performance — a clear near‑term catalyst. KMI Q1 Deep Dive: Natural Gas Demand and Expansion Projects Drive Outperformance
• Positive Sentiment: KMI raised its quarterly dividend to $0.2975 (annualized yield ~3.8%) — signals cash‑flow confidence and supports income investors. This Pipeline Company Just Raised Its Dividend. AI Power Demand Is Fueling Growth.
• Positive Sentiment: Strategic growth: KMI announced it will acquire the Monument natural gas system and reported a sizable ~$$10.1B backlog for expansion projects — both support longer‑term EBITDA visibility. KMI to acquire Monument natural gas system as first-quarter income jumps 36%
• Positive Sentiment: Geopolitical and weather drivers boosted demand in Q1 (wartime-related gas demand and colder weather helped volumes), contributing to the beat. These are near‑term tailwinds for cash flow. The War With Iran is Fueling Substantially Higher Earnings for This High-Yielding Energy Stock
• Positive Sentiment: Analyst bullish views and investor pieces argue a re‑rating to higher targets (Seeking Alpha/MarketBeat pieces making the bull case), reinforcing upside narratives for longer‑term holders. Kinder Morgan: The Case To $40 Is Here (Rating Upgrade)
• Neutral Sentiment: Sector context: peers (Baker Hughes, Enterprise Products) reporting results or previews may shift relative valuation and sentiment in the group, indirectly affecting KMI. Baker Hughes Q1 Earnings Beat Estimates on IET Segment Strength
• Neutral Sentiment: Some reports note product/fuel volumes were weaker even as gas pipelines surged — mixed operational signals that could moderate enthusiasm until trends stabilize. Kinder Morgan (KMI) Reports Q1 Earnings: What Key Metrics Have to Say
• Negative Sentiment: Analyst downgrades/cuts: Jefferies trimmed its price target to $34 and moved to a "hold," and Wolfe Research cut KMI to Hold — these reduce near‑term analyst-driven upside. Benzinga - Jefferies price target cut
• Negative Sentiment: Conflicting analyst sentiment across outlets (some bullish, some cautious) can produce choppy trading as investors weigh strong results against conservative guidance/targets. Analysts Have Conflicting Sentiments on These Energy Companies: Kinder Morgan (KMI) and NexGen Energy (NXE)

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.

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