Grantham Mayo Van Otterloo & Co. LLC Boosts Stock Holdings in Kinder Morgan, Inc. $KMI

Key Points

• Grantham Mayo Van Otterloo & Co. LLC boosted its Kinder Morgan stake by 47.8%, buying 153,564 shares to hold 474,888 shares worth about $13.44M at quarter‑end, while other institutions like Norges Bank initiated a ~$1.16B position and Vanguard holds 207.2M shares.
• Kinder Morgan beat quarterly expectations, reporting $0.39 EPS vs. $0.37 and $4.51B revenue (up 13.1% YoY), with analysts forecasting roughly 1.25 EPS for the year and the stock trading around a $74.7B market cap (P/E ~24.5).
• The company pays a quarterly dividend of $0.2925 (annualized $1.17, ~3.5% yield) while expanding its post‑FID natural gas project backlog to about $10B, and Wall Street consensus is a "Moderate Buy" with a ~$33.08 target.

Grantham Mayo Van Otterloo & Co. LLC lifted its holdings in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 47.8% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 474,888 shares of the pipeline company's stock after purchasing an additional 153,564 shares during the period. Grantham Mayo Van Otterloo & Co. LLC's holdings in Kinder Morgan were worth $13,444,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of KMI. Norges Bank bought a new position in Kinder Morgan in the second quarter worth approximately $1,162,802,000. Merewether Investment Management LP bought a new stake in Kinder Morgan during the 2nd quarter valued at $138,477,000. 59 North Capital Management LP increased its holdings in shares of Kinder Morgan by 54.5% in the 2nd quarter. 59 North Capital Management LP now owns 10,597,380 shares of the pipeline company's stock valued at $311,563,000 after acquiring an additional 3,739,398 shares during the period. Marshall Wace LLP increased its holdings in shares of Kinder Morgan by 364.8% in the 2nd quarter. Marshall Wace LLP now owns 4,165,348 shares of the pipeline company's stock valued at $122,461,000 after acquiring an additional 3,269,284 shares during the period. Finally, Vanguard Group Inc. raised its position in shares of Kinder Morgan by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 207,219,481 shares of the pipeline company's stock worth $6,092,253,000 after acquiring an additional 3,070,609 shares in the last quarter. 62.52% of the stock is currently owned by institutional investors.

Kinder Morgan Trading Up 0.6%

Shares of Kinder Morgan stock opened at $33.59 on Monday. The firm's 50 day simple moving average is $30.16 and its two-hundred day simple moving average is $28.15. The firm has a market capitalization of $74.73 billion, a price-to-earnings ratio of 24.52, a PEG ratio of 3.09 and a beta of 0.68. Kinder Morgan, Inc. has a 12-month low of $23.94 and a 12-month high of $34.24. The company has a current ratio of 0.64, a quick ratio of 0.50 and a debt-to-equity ratio of 0.95.

Kinder Morgan (NYSE:KMI - Get Free Report) last issued its earnings results on Wednesday, January 21st. The pipeline company reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.37 by $0.02. Kinder Morgan had a return on equity of 9.02% and a net margin of 18.04%.The company had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.33 billion. During the same quarter last year, the business posted $0.30 EPS. The firm's quarterly revenue was up 13.1% on a year-over-year basis. Analysts predict that Kinder Morgan, Inc. will post 1.25 EPS for the current year.

Kinder Morgan Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 2nd were paid a $0.2925 dividend. This represents a $1.17 annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Monday, February 2nd. Kinder Morgan's dividend payout ratio (DPR) is presently 85.40%.

Kinder Morgan News Summary

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

• Positive Sentiment: Several sell‑side firms raised targets or forecasts this week (Mizuho raised its target to $37 and issued an outperform; Morgan Stanley and RBC also boosted targets), adding analyst momentum that can attract buyer interest. Read More. Read More.
• Positive Sentiment: Sector coverage is favoring midstream names as defensive, fee‑based income plays amid oil volatility and geopolitical risk; KMI is repeatedly cited as a buy for yield and stability, which can draw dividend-focused flows. Read More. Read More.
• Positive Sentiment: KMI expanded its post‑FID natural gas project backlog to roughly $10 billion (adding about $900M), signaling visible fee‑based projects tied to LNG and power demand that support future cash flows. Read More.
• Positive Sentiment: The company recently paid its quarterly dividend (annualized ~$1.17, ~3.5% yield), reinforcing the income story that attracts yield‑seeking investors. Read More.
• Neutral Sentiment: While backlog expansion is positive, some coverage highlights fair‑value and cash‑flow scrutiny—investors may wait for clearer project execution and returns before assigning more valuation upside. Read More.
• Negative Sentiment: Insider selling: VP John W. Schlosser sold 6,166 shares at ≈$33.67 on March 5. The sale is modest versus his total holdings but can be perceived negatively by some investors. Read More.
• Negative Sentiment: MarketWatch noted KMI underperformed peers on Thursday, a reminder that sector rotation and near‑term relative weakness can drag the share price even amid constructive company headlines. Read More.

Insider Transactions at Kinder Morgan

In related news, CFO David Patrick Michels sold 20,000 shares of the company's stock in a transaction that occurred on Thursday, January 22nd. The stock was sold at an average price of $30.00, for a total value of $600,000.00. Following the sale, the chief financial officer owned 139,428 shares in the company, valued at $4,182,840. This represents a 12.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Anthony B. Ashley sold 8,000 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $31.95, for a total transaction of $255,600.00. Following the completion of the transaction, the vice president owned 100,146 shares in the company, valued at approximately $3,199,664.70. This trade represents a 7.40% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 46,498 shares of company stock worth $1,418,248. 12.73% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Stifel Nicolaus raised their price objective on Kinder Morgan from $29.00 to $30.00 and gave the company a "hold" rating in a research report on Tuesday, November 11th. Weiss Ratings reiterated a "buy (b)" rating on shares of Kinder Morgan in a report on Thursday, January 22nd. Morgan Stanley increased their price target on shares of Kinder Morgan from $34.00 to $36.00 and gave the company an "equal weight" rating in a research report on Tuesday, March 3rd. Scotiabank raised their price target on shares of Kinder Morgan from $29.00 to $30.00 and gave the company a "sector perform" rating in a report on Friday, January 23rd. Finally, Barclays reiterated an "overweight" rating on shares of Kinder Morgan in a research note on Friday, February 20th. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $33.08.

Kinder Morgan Profile

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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