Kinder Morgan, Inc. $KMI Stock: Vontobel Holding Ltd. Cuts Holdings

Key Points

• Vontobel Holding cut its Kinder Morgan stake by 58% in the third quarter, selling 2.3 million shares and retaining approximately 1.66 million shares valued at $50.2 million. Institutional investors collectively own 62.52% of the company.
• Analysts maintain a generally positive outlook, with 11 Buy and 11 Hold ratings, a “Moderate Buy” consensus, and an average price target of $35.47. Kinder Morgan recently traded at $34.17, near its 12-month high of $34.81.
• Kinder Morgan reported quarterly earnings of $0.37 per share, exceeding estimates by $0.06, while revenue rose 10.8% year over year to $4.48 billion. The company also declared a quarterly dividend of $0.2975, equivalent to a 3.5% annualized yield.

Vontobel Holding Ltd. lessened its position in shares of Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 58.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,663,977 shares of the pipeline company's stock after selling 2,299,697 shares during the period. Vontobel Holding Ltd. owned approximately 0.07% of Kinder Morgan worth $50,169,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Evolution Wealth Management Inc. boosted its stake in Kinder Morgan by 4,166.7% in the 2nd 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 period. Transamerica Financial Advisors LLC lifted its holdings in shares of 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 buying an additional 328 shares in the last quarter. Frazier Financial Advisors LLC acquired a new stake in shares of Kinder Morgan during the first quarter worth $28,000. Bell Investment Advisors Inc boosted its position in shares of Kinder Morgan by 112.1% in the second quarter. Bell Investment Advisors Inc now owns 946 shares of the pipeline company's stock valued at $30,000 after acquiring an additional 500 shares during the period. Finally, First Pacific Financial boosted its position in shares of Kinder Morgan by 9,900.0% in the first quarter. First Pacific Financial now owns 1,000 shares of the pipeline company's stock valued at $34,000 after acquiring an additional 990 shares during the period. Institutional investors and hedge funds own 62.52% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Wells Fargo & Company raised their price target on shares of Kinder Morgan from $35.00 to $36.00 and gave the stock an "overweight" rating in a research report on Thursday, July 23rd. Melius Research initiated coverage on shares of Kinder Morgan in a report on Tuesday, September 22nd. They issued a "buy" rating and a $38.00 price objective for the company. Weiss Ratings lowered shares of Kinder Morgan from a "buy (b+)" rating to a "buy (b)" rating in a research report on Thursday, October 8th. Capital One Financial began coverage on shares of Kinder Morgan in a research report on Tuesday, September 22nd. They set an "equal weight" rating and a $36.00 target price on the stock. Finally, Jefferies Financial Group dropped their price target on Kinder Morgan from $35.00 to $33.00 and set a "hold" rating for the company in a research note on Thursday, September 17th. Eleven equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $35.47.

Kinder Morgan Price Performance

NYSE:KMI traded up $1.35 during mid-day trading on Friday, reaching $34.17. The stock had a trading volume of 16,946,173 shares, compared to its average volume of 12,555,579. Kinder Morgan, Inc. has a 12 month low of $25.60 and a 12 month high of $34.81. The stock has a market capitalization of $76.09 billion, a PE ratio of 21.90, a P/E/G ratio of 2.31 and a beta of 0.59. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.46 and a quick ratio of 0.36. The stock has a 50-day simple moving average of $31.69 and a two-hundred day simple moving average of $32.03.

Kinder Morgan (NYSE:KMI - Get Free Report) last released its earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.06. Kinder Morgan had a return on equity of 10.46% and a net margin of 19.31%. The firm had revenue of $4.48 billion during the quarter, compared to analysts' expectations of $4.22 billion. During the same period in the prior year, the company earned $0.28 earnings per share. The company's quarterly revenue was up 10.8% on a year-over-year basis. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. On average, equities analysts anticipate that Kinder Morgan, Inc. will post 1.55 earnings per share for the current year.

Kinder Morgan Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 3rd were paid a $0.2975 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.19 annualized dividend and a yield of 3.5%. Kinder Morgan's dividend payout ratio (DPR) is 76.28%.

More Kinder Morgan News

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

• Positive Sentiment: Improving natural-gas fundamentals are supporting KMI: stronger LNG feedgas demand, tighter storage conditions and higher gas volumes could benefit the company’s transportation and storage operations. Management previously indicated that 2026 adjusted EBITDA could exceed its budget by more than 5%, while adjusted EPS could be more than 12% above budget. Kinder Morgan gains as investors weigh stronger gas-market signals and project momentum
• Positive Sentiment: Investors are looking for higher natural-gas volumes, rising LNG demand and KMI’s fee-based contracts to support third-quarter results. The company’s project backlog is concentrated largely in natural-gas infrastructure, including projects tied to power-generation and local-distribution demand. Kinder Morgan to Report Q3 Earnings: What's in Store for the Stock?
• Positive Sentiment: Recent project progress, including the Western Gateway pipeline investment decision and favorable environmental findings for the Texas Access Project, reinforces expectations for future growth and expansion. Kinder Morgan gains as investors weigh stronger gas-market signals and project momentum
• Neutral Sentiment: Wall Street is focusing on operating metrics beyond revenue and earnings per share ahead of the September-quarter report. Results that exceed expectations could support the stock, while weaker volumes or guidance could temper the recent rally. Ahead of Kinder Morgan Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
• Negative Sentiment: Put-option activity was unusually elevated, with purchases approximately 46% above typical volume, suggesting some traders are hedging against a post-earnings pullback or increased volatility.
• Negative Sentiment: Insiders reported multiple open-market sales and no purchases during the past six months. While these transactions do not necessarily reflect company fundamentals, they may weigh on sentiment.

Insiders Place Their Bets

In other Kinder Morgan news, VP Michael Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction dated Wednesday, September 16th. The stock was sold at an average price of $30.80, for a total value of $47,740.00. Following the transaction, the vice president owned 48,863 shares in the company, valued at $1,504,980.40. The trade was a 3.07% decrease in their ownership of the stock. The transaction 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 company insiders.

Kinder Morgan Company Profile

Kinder Morgan, Inc NYSE: KMI is an energy infrastructure company that owns and operates pipelines, terminals, and storage facilities. Its assets primarily transport and store natural gas, crude oil, refined petroleum products, and carbon dioxide, supporting energy producers, utilities, refiners, industrial companies, and other customers.

The company's natural gas business includes interstate and intrastate pipelines, gathering and processing systems, and underground storage facilities.

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