Capital Advisors Inc. OK Makes New $362,000 Investment in Kinder Morgan, Inc. $KMI

Key Points

• Capital Advisors Inc. OK has made a new investment of approximately $362,000 in Kinder Morgan, acquiring 12,308 shares during the second quarter.
• Multiple institutional investors, including Vanguard Group Inc. and Goldman Sachs Group Inc., have recently increased their stakes in Kinder Morgan, highlighting strong investor interest.
• Kinder Morgan recently declared a quarterly dividend of $0.2925, translating to an annual yield of 4.2%, with a current dividend payout ratio of 95.90%.

Capital Advisors Inc. OK acquired a new stake in shares of Kinder Morgan, Inc. (NYSE:KMI - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 12,308 shares of the pipeline company's stock, valued at approximately $362,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Kinder Morgan by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 204,148,872 shares of the pipeline company's stock worth $5,824,367,000 after acquiring an additional 1,302,794 shares in the last quarter. Goldman Sachs Group Inc. increased its position in Kinder Morgan by 37.5% in the first quarter. Goldman Sachs Group Inc. now owns 20,281,385 shares of the pipeline company's stock worth $578,628,000 after purchasing an additional 5,529,065 shares during the last quarter. Deutsche Bank AG raised its stake in Kinder Morgan by 2.0% during the first quarter. Deutsche Bank AG now owns 15,002,375 shares of the pipeline company's stock valued at $428,018,000 after purchasing an additional 290,653 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Kinder Morgan by 19.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 13,324,387 shares of the pipeline company's stock valued at $380,145,000 after purchasing an additional 2,144,307 shares during the last quarter. Finally, Amundi grew its stake in shares of Kinder Morgan by 8.0% in the 1st quarter. Amundi now owns 12,762,800 shares of the pipeline company's stock worth $353,785,000 after buying an additional 943,023 shares in the last quarter. 62.52% of the stock is owned by institutional investors.

Insider Activity at Kinder Morgan

In other Kinder Morgan news, VP John W. Schlosser sold 6,166 shares of the business's stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $27.00, for a total value of $166,482.00. Following the completion of the sale, the vice president directly owned 225,868 shares of the company's stock, valued at $6,098,436. The trade was a 2.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Amy W. Chronis bought 2,759 shares of Kinder Morgan stock in a transaction dated Monday, July 28th. The shares were bought at an average cost of $27.21 per share, for a total transaction of $75,072.39. Following the completion of the transaction, the director owned 34,764 shares of the company's stock, valued at approximately $945,928.44. This trade represents a 8.62% increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 128,008 shares of company stock worth $3,553,982 over the last ninety days. 12.73% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Morgan Stanley upped their target price on shares of Kinder Morgan from $34.00 to $35.00 and gave the company an "equal weight" rating in a research report on Wednesday, October 1st. Wolfe Research upgraded Kinder Morgan from a "peer perform" rating to an "outperform" rating and set a $31.00 price objective on the stock in a research report on Friday, July 25th. Cowen started coverage on Kinder Morgan in a report on Monday, July 7th. They issued a "buy" rating for the company. Scotiabank cut their target price on Kinder Morgan from $28.00 to $27.00 and set a "sector perform" rating on the stock in a research report on Friday, September 19th. Finally, Barclays restated an "overweight" rating and issued a $32.00 price target (up from $31.00) on shares of Kinder Morgan in a research report on Monday, June 23rd. Eleven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $31.25.

Kinder Morgan Price Performance

Shares of KMI stock opened at $27.93 on Tuesday. The stock has a 50 day moving average price of $27.28 and a 200 day moving average price of $27.46. Kinder Morgan, Inc. has a 52-week low of $23.06 and a 52-week high of $31.48. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.53 and a current ratio of 0.68. The firm has a market capitalization of $62.06 billion, a P/E ratio of 22.89, a P/E/G ratio of 3.35 and a beta of 0.78.

Kinder Morgan (NYSE:KMI - Get Free Report) last announced its quarterly earnings data on Wednesday, July 16th. The pipeline company reported $0.28 EPS for the quarter, meeting the consensus estimate of $0.28. Kinder Morgan had a return on equity of 8.31% and a net margin of 17.06%.The company had revenue of $4.04 billion for the quarter, compared to the consensus estimate of $3.75 billion. During the same quarter in the prior year, the company posted $0.26 EPS. Kinder Morgan's quarterly revenue was up 13.2% on a year-over-year basis. Kinder Morgan has set its FY 2025 guidance at 1.270-1.270 EPS. As a group, sell-side analysts predict that Kinder Morgan, Inc. will post 1.25 earnings per share for the current year.

Kinder Morgan Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Investors of record on Thursday, July 31st were paid a $0.2925 dividend. This represents a $1.17 annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Thursday, July 31st. Kinder Morgan's dividend payout ratio (DPR) is currently 95.90%.

Kinder Morgan Profile

Kinder Morgan, Inc operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities.

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