Mitsubishi UFJ Asset Management Co. Ltd. Grows Position in Kinder Morgan, Inc. $KMI

Key Points

• Mitsubishi UFJ Asset Management boosted its stake in Kinder Morgan by 6.0% in Q4 to 4,166,902 shares (about $115.5 million), representing roughly 0.19% of the company.
• Kinder Morgan beat expectations with quarterly EPS of $0.48 (vs. $0.38 est.) and revenue of $4.83B (vs. $4.55B est.), and set FY2026 guidance at 1.360 EPS while analysts' consensus is a "Moderate Buy" with a $34.20 target.
• The company raised its quarterly dividend to $0.2975 (annualized $1.19, ~3.8% yield), and insiders sold about 29,598 shares in the last quarter.

Mitsubishi UFJ Asset Management Co. Ltd. boosted its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 6.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,166,902 shares of the pipeline company's stock after acquiring an additional 235,379 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned about 0.19% of Kinder Morgan worth $115,465,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of KMI. Brighton Jones LLC bought a new position in shares of Kinder Morgan during the fourth quarter valued at approximately $308,000. Schnieders Capital Management LLC. raised its stake in Kinder Morgan by 11.4% in the second quarter. Schnieders Capital Management LLC. now owns 69,444 shares of the pipeline company's stock worth $2,042,000 after buying an additional 7,081 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in Kinder Morgan by 2.1% during the second quarter. NewEdge Advisors LLC now owns 270,876 shares of the pipeline company's stock worth $7,964,000 after buying an additional 5,586 shares during the period. Nebula Research & Development LLC bought a new stake in Kinder Morgan during the 2nd quarter valued at $1,168,000. Finally, Sei Investments Co. increased its holdings in shares of Kinder Morgan by 20.4% in the 2nd quarter. Sei Investments Co. now owns 861,465 shares of the pipeline company's stock valued at $25,328,000 after acquiring an additional 145,806 shares during the period. Institutional investors own 62.52% of the company's stock.

Insiders Place Their Bets

In other news, VP Michael P. Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $31.72, for a total transaction of $49,166.00. Following the completion of the sale, the vice president directly owned 44,843 shares in the company, valued at approximately $1,422,419.96. The trade was a 3.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John W. Schlosser sold 6,166 shares of Kinder Morgan stock in a transaction on Tuesday, May 5th. The stock was sold at an average price of $32.41, for a total transaction of $199,840.06. Following the sale, the vice president owned 176,540 shares of the company's stock, valued at $5,721,661.40. The trade was a 3.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 29,598 shares of company stock valued at $966,877. Insiders own 12.72% of the company's stock.

Kinder Morgan Trading Down 2.2%

Shares of NYSE:KMI opened at $31.60 on Thursday. The business's 50-day moving average is $32.85 and its 200 day moving average is $29.70. Kinder Morgan, Inc. has a 1 year low of $25.60 and a 1 year high of $34.73. The firm has a market capitalization of $70.29 billion, a P/E ratio of 21.20, a P/E/G ratio of 2.78 and a beta of 0.56. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.52 and a quick ratio of 0.41.

Kinder Morgan (NYSE:KMI - Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.10. Kinder Morgan had a return on equity of 9.90% and a net margin of 18.92%.The business had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.55 billion. During the same quarter last year, the company earned $0.34 earnings per share. The company's quarterly revenue was up 13.8% on a year-over-year basis. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. On average, research analysts predict that Kinder Morgan, Inc. will post 1.48 earnings per share for the current fiscal year.

Kinder Morgan Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Monday, May 4th will be paid a $0.2975 dividend. This is a boost from Kinder Morgan's previous quarterly dividend of $0.29. The ex-dividend date is Monday, May 4th. This represents a $1.19 dividend on an annualized basis and a yield of 3.8%. Kinder Morgan's dividend payout ratio (DPR) is 79.87%.

Analyst Upgrades and Downgrades

KMI has been the subject of several recent research reports. Stifel Nicolaus boosted their price target on Kinder Morgan from $30.00 to $33.00 and gave the stock a "hold" rating in a research report on Friday, March 13th. Jefferies Financial Group cut their target price on Kinder Morgan from $36.00 to $34.00 and set a "hold" rating on the stock in a research note on Thursday, April 23rd. Mizuho increased their price target on shares of Kinder Morgan from $31.00 to $37.00 and gave the company an "outperform" rating in a research report on Thursday, March 5th. Truist Financial initiated coverage on shares of Kinder Morgan in a report on Tuesday, March 24th. They issued a "hold" rating and a $38.00 price target on the stock. Finally, Barclays reiterated an "overweight" rating on shares of Kinder Morgan in a research note on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and ten 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 target price of $34.20.

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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