17,868 Shares in Kinder Morgan, Inc. $KMI Bought by Eisler Capital Management Ltd.

Key Points

• Eisler Capital Management Ltd. has acquired a new stake in Kinder Morgan, Inc., purchasing 17,868 shares valued at approximately $510,000.
• Kinder Morgan's recent earnings report showed a net revenue of $4.04 billion for the quarter, exceeding analyst expectations of $3.75 billion.
• The company recently announced a quarterly dividend of $0.2925 per share, representing an annualized yield of 4.3%.

Eisler Capital Management Ltd. acquired a new position in shares of Kinder Morgan, Inc. (NYSE:KMI - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 17,868 shares of the pipeline company's stock, valued at approximately $510,000.

Several other large investors have also recently bought and sold shares of the company. Sierra Ocean LLC grew its holdings in shares of Kinder Morgan by 927.1% in the 1st quarter. Sierra Ocean LLC now owns 873 shares of the pipeline company's stock valued at $25,000 after buying an additional 788 shares during the period. Fourth Dimension Wealth LLC acquired a new stake in shares of Kinder Morgan in the fourth quarter valued at about $26,000. Morse Asset Management Inc bought a new stake in shares of Kinder Morgan during the 4th quarter worth approximately $27,000. JNBA Financial Advisors lifted its stake in Kinder Morgan by 669.2% in the first quarter. JNBA Financial Advisors now owns 1,000 shares of the pipeline company's stock valued at $29,000 after acquiring an additional 870 shares during the last quarter. Finally, Heck Capital Advisors LLC bought a new position in Kinder Morgan during the fourth quarter worth about $29,000. Institutional investors own 62.52% of the company's stock.

Kinder Morgan Price Performance

NYSE KMI traded down $0.32 on Tuesday, hitting $26.67. 6,123,101 shares of the company's stock were exchanged, compared to its average volume of 14,494,354. The stock has a 50-day moving average of $27.53 and a 200-day moving average of $27.34. The stock has a market cap of $59.25 billion, a price-to-earnings ratio of 21.86, a P/E/G ratio of 3.41 and a beta of 0.81. Kinder Morgan, Inc. has a 52 week low of $20.56 and a 52 week high of $31.48. The company has a current ratio of 0.68, a quick ratio of 0.53 and a debt-to-equity ratio of 0.99.

Kinder Morgan (NYSE:KMI - Get Free Report) last posted its quarterly earnings results on Wednesday, July 16th. The pipeline company reported $0.28 EPS for the quarter, hitting analysts' consensus estimates of $0.28. The company had revenue of $4.04 billion during the quarter, compared to analysts' expectations of $3.75 billion. Kinder Morgan had a return on equity of 8.31% and a net margin of 17.06%.Kinder Morgan's revenue was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.26 EPS. Kinder Morgan has set its FY 2025 guidance at 1.270-1.270 EPS. Analysts expect that Kinder Morgan, Inc. will post 1.25 earnings per share for the current year.

Kinder Morgan Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Thursday, July 31st were paid a $0.2925 dividend. This represents a $1.17 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Thursday, July 31st. Kinder Morgan's dividend payout ratio (DPR) is presently 95.90%.

Insider Buying and Selling at Kinder Morgan

In related news, President Thomas A. Martin sold 18,000 shares of the firm's stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $28.26, for a total transaction of $508,680.00. Following the sale, the president owned 771,652 shares of the company's stock, valued at $21,806,885.52. This trade represents a 2.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Dax Sanders sold 30,127 shares of the business's stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $27.05, for a total value of $814,935.35. Following the sale, the executive vice president owned 292,000 shares in the company, valued at approximately $7,898,600. This trade represents a 9.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 139,842 shares of company stock worth $3,896,180 over the last 90 days. 12.73% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

KMI has been the topic of several research analyst reports. Stifel Nicolaus upped their price objective on Kinder Morgan from $28.00 to $29.00 and gave the company a "hold" rating in a research note on Thursday, August 14th. Scotiabank lifted their price objective on shares of Kinder Morgan from $27.00 to $28.00 and gave the stock a "sector perform" rating in a research report on Friday, July 18th. Barclays restated an "overweight" rating and set a $32.00 target price (up previously from $31.00) on shares of Kinder Morgan in a research note on Monday, June 23rd. Wells Fargo & Company lifted their target price on shares of Kinder Morgan from $33.00 to $34.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Finally, Cowen started coverage on shares of Kinder Morgan in a report on Monday, July 7th. They issued a "buy" rating on the stock. Nine equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $31.20.

About Kinder Morgan

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.