Kinder Morgan, Inc. $KMI Stock Holdings Trimmed by Inspire Investing LLC

Key Points

• Inspire Investing cut its Kinder Morgan stake by 65.8% in the third quarter, selling 240,122 shares and retaining 124,904 shares valued at approximately $3.8 million. Institutional investors collectively own 62.52% of KMI.
• Kinder Morgan reported a strong third quarter, with revenue up 9.3% year over year to $4.53 billion and EPS of $0.35, exceeding the $0.33 consensus estimate. The company also approved $4.7 billion in pipeline projects and expanded its backlog to a record $14.4 billion.
• The company declared a quarterly dividend of $0.2975 per share, equivalent to a 3.5% yield, while analysts remain moderately positive with a $36.60 consensus price target. However, projected 2026 adjusted EPS guidance of $1.36 falls below analyst expectations.

Inspire Investing LLC lowered its holdings in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 65.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 124,904 shares of the pipeline company's stock after selling 240,122 shares during the quarter. Inspire Investing LLC's holdings in Kinder Morgan were worth $3,766,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Evolution Wealth Management Inc. increased its stake in Kinder Morgan by 4,166.7% in the second quarter. Evolution Wealth Management Inc. now owns 768 shares of the pipeline company's stock valued at $25,000 after purchasing an additional 750 shares during the last quarter. Transamerica Financial Advisors LLC raised its holdings in Kinder Morgan by 72.9% during the second quarter. Transamerica Financial Advisors LLC now owns 778 shares of the pipeline company's stock worth $25,000 after purchasing an additional 328 shares in the last quarter. Frazier Financial Advisors LLC purchased a new stake in shares of Kinder Morgan during the 1st quarter worth approximately $28,000. Bell Investment Advisors Inc lifted its position in shares of Kinder Morgan by 112.1% during the 2nd quarter. Bell Investment Advisors Inc now owns 946 shares of the pipeline company's stock worth $30,000 after buying an additional 500 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC purchased a new stake in shares of Kinder Morgan during the 2nd quarter worth approximately $32,000. Institutional investors and hedge funds own 62.52% of the company's stock.

Kinder Morgan News Roundup

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

• Positive Sentiment: Strong Q3 performance: Kinder Morgan reported $4.53 billion in revenue, up approximately 9% year over year, and adjusted EPS of $0.35 versus the $0.33 consensus estimate. Natural-gas volumes, record EBITDA and higher earnings supported investor confidence. Kinder Morgan Q3 earnings report
• Positive Sentiment: Major growth investments: KMI approved approximately $4.7 billion for the Southeast Connector and Permian Link natural-gas pipeline projects. The projects are expected to benefit from rising demand tied to data centers, power generation and LNG exports. The company also added $5.4 billion to its expansion backlog, bringing the total backlog to a record $14.4 billion. Kinder Morgan pipeline investment report
• Positive Sentiment: Analyst support and income: Freedom Broker upgraded KMI to “buy” with a $39 price target, while Mizuho raised its target to $39 and kept an “outperform” rating. Kinder Morgan also declared a quarterly dividend of $0.2975 per share, representing a 3.5% indicated yield. Kinder Morgan analyst price targets
• Neutral Sentiment: Mixed analyst view: Scotiabank initiated or reiterated a “hold” rating, indicating that the stock’s recent advance and valuation may already reflect much of the near-term improvement. Scotiabank Kinder Morgan rating
• Negative Sentiment: Lower earnings outlook: KMI’s updated FY 2026 adjusted EPS guidance of $1.36 is below the approximately $1.56 analyst consensus, creating a notable counterweight to the earnings beat and backlog expansion. Kinder Morgan 2026 earnings guidance

Kinder Morgan Stock Up 2.2%

Shares of NYSE:KMI opened at $34.47 on Friday. The stock has a 50-day simple moving average of $31.88 and a 200-day simple moving average of $32.05. The stock has a market capitalization of $76.77 billion, a P/E ratio of 21.28, a PEG ratio of 2.36 and a beta of 0.59. Kinder Morgan, Inc. has a 1 year low of $25.60 and a 1 year high of $34.81. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.36 and a current ratio of 0.67.

Kinder Morgan (NYSE:KMI - Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The pipeline company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.33 by $0.02. Kinder Morgan had a net margin of 19.64% and a return on equity of 10.84%. The firm had revenue of $4.53 billion for the quarter, compared to analyst estimates of $4.37 billion. During the same quarter last year, the firm posted $0.29 earnings per share. Kinder Morgan's revenue for the quarter was up 9.3% compared to the same quarter last year. Equities analysts forecast that Kinder Morgan, Inc. will post 1.60 earnings per share for the current year.

Kinder Morgan Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Monday, November 2nd will be given a $0.2975 dividend. The ex-dividend date of this dividend is Monday, November 2nd. This represents a $1.19 annualized dividend and a dividend yield of 3.5%. Kinder Morgan's dividend payout ratio is presently 73.46%.

Insider Activity

In other news, VP Michael Garthwaite sold 1,550 shares of the firm's stock in a transaction on Friday, October 16th. The shares were sold at an average price of $33.65, for a total value of $52,157.50. Following the transaction, the vice president owned 47,313 shares of the company's stock, valued at approximately $1,592,082.45. This trade represents a 3.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 12.72% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on KMI shares. Citigroup lifted their price target on shares of Kinder Morgan from $34.00 to $35.00 and gave the stock a "neutral" rating in a research note on Friday. Weiss Ratings raised shares of Kinder Morgan from a "buy (b)" rating to a "buy (b+)" rating in a research report on Friday. Mizuho upped their price objective on shares of Kinder Morgan from $37.00 to $39.00 and gave the company an "outperform" rating in a research note on Thursday. Wells Fargo & Company raised their price objective on Kinder Morgan from $36.00 to $39.00 and gave the stock an "overweight" rating in a report on Thursday. Finally, Argus raised their price objective on Kinder Morgan from $36.00 to $38.00 and gave the stock a "buy" rating in a report on Tuesday, July 28th. Twelve analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company's stock. According to data from MarketBeat, Kinder Morgan presently has an average rating of "Moderate Buy" and a consensus price target of $36.60.

Kinder Morgan Company Profile

Kinder Morgan, Inc NYSE: KMI is an energy infrastructure company that owns and operates pipelines, terminals, and other transportation and storage facilities. Its systems primarily support the movement, processing, and storage of natural gas, crude oil, refined petroleum products, and other energy commodities.

The company's natural gas business transports and stores natural gas for utilities, power generators, industrial customers, and other energy companies. Kinder Morgan also operates refined products and crude oil pipelines, liquids terminals, and carbon dioxide infrastructure.

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