Nordea Investment Management AB Grows Position in Kinder Morgan, Inc. $KMI

Key Points

• Nordea Investment Management AB boosted its stake in Kinder Morgan by 136.8% in Q4 to 2,843,000 shares (≈0.13% of the company) valued at about $77.86 million.
• Wall Street sentiment is broadly positive — the consensus rating is a Moderate Buy with an average price target of $33.46 and several firms (e.g., Mizuho) raising targets into the mid‑$30s.
• Kinder Morgan beat quarterly expectations with $0.39 EPS vs. $0.37 expected and 13.1% revenue growth, and pays a quarterly dividend of $0.2925 (annualized yield ≈ 3.5%) with an 85.4% payout ratio.

Nordea Investment Management AB grew its position in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 136.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,843,000 shares of the pipeline company's stock after purchasing an additional 1,642,332 shares during the period. Nordea Investment Management AB owned approximately 0.13% of Kinder Morgan worth $77,856,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Golden State Equity Partners raised its holdings in Kinder Morgan by 2.2% in the third quarter. Golden State Equity Partners now owns 17,131 shares of the pipeline company's stock valued at $485,000 after buying an additional 368 shares during the period. Fiduciary Financial Group LLC grew its stake in Kinder Morgan by 2.6% during the third quarter. Fiduciary Financial Group LLC now owns 15,439 shares of the pipeline company's stock worth $437,000 after buying an additional 392 shares during the period. MBM Wealth Consultants LLC increased its position in shares of Kinder Morgan by 2.8% in the second quarter. MBM Wealth Consultants LLC now owns 14,462 shares of the pipeline company's stock worth $425,000 after acquiring an additional 393 shares in the last quarter. L2 Asset Management LLC increased its position in shares of Kinder Morgan by 4.8% in the second quarter. L2 Asset Management LLC now owns 8,689 shares of the pipeline company's stock worth $255,000 after acquiring an additional 401 shares in the last quarter. Finally, Tradewinds Capital Management LLC raised its stake in shares of Kinder Morgan by 11.1% in the 3rd quarter. Tradewinds Capital Management LLC now owns 4,013 shares of the pipeline company's stock valued at $114,000 after acquiring an additional 401 shares during the period. Institutional investors and hedge funds own 62.52% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on KMI. Mizuho lifted their target price on shares of Kinder Morgan from $31.00 to $37.00 and gave the company an "outperform" rating in a report on Thursday, March 5th. Barclays reissued an "overweight" rating on shares of Kinder Morgan in a research report on Friday, February 20th. TD Cowen upped their target price on Kinder Morgan from $34.00 to $35.00 and gave the stock a "buy" rating in a research report on Thursday, January 22nd. Royal Bank Of Canada increased their target price on Kinder Morgan from $30.00 to $32.00 and gave the company a "sector perform" rating in a research note on Friday, February 27th. Finally, Freedom Capital upgraded Kinder Morgan from a "strong sell" rating to a "hold" rating in a report on Wednesday, January 28th. Eight equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $33.46.

Insider Activity

In other Kinder Morgan news, VP John W. Schlosser sold 6,166 shares of the stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $33.67, for a total transaction of $207,609.22. Following the sale, the vice president directly owned 188,872 shares of the company's stock, valued at approximately $6,359,320.24. This represents a 3.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Michael P. Garthwaite sold 1,550 shares of the firm's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $33.30, for a total transaction of $51,615.00. Following the completion of the transaction, the vice president owned 46,393 shares in the company, valued at approximately $1,544,886.90. The trade was a 3.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 48,048 shares of company stock valued at $1,469,863 over the last quarter. 12.73% of the stock is owned by company insiders.

Kinder Morgan Stock Up 2.6%

NYSE:KMI opened at $33.71 on Tuesday. The company has a market capitalization of $74.99 billion, a price-to-earnings ratio of 24.60, a price-to-earnings-growth ratio of 3.03 and a beta of 0.68. Kinder Morgan, Inc. has a one year low of $23.94 and a one year high of $34.24. The stock has a 50-day simple moving average of $31.45 and a 200 day simple moving average of $28.65. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.50 and a current ratio of 0.64.

Kinder Morgan (NYSE:KMI - Get Free Report) last announced its quarterly earnings data on Wednesday, January 21st. The pipeline company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.02. Kinder Morgan had a return on equity of 9.02% and a net margin of 18.04%.The firm had revenue of $4.51 billion for the quarter, compared to analysts' expectations of $4.33 billion. During the same quarter in the prior year, the firm posted $0.30 earnings per share. Kinder Morgan's revenue for the quarter was up 13.1% compared to the same quarter last year. Sell-side analysts predict that Kinder Morgan, Inc. will post 1.25 EPS for the current fiscal year.

Kinder Morgan Dividend Announcement

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

About Kinder Morgan

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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