Nykredit A S Takes $4.82 Million Position in Kinder Morgan, Inc. $KMI

Key Points

• Nykredit A/S acquired 150,854 Kinder Morgan shares during the second quarter, valued at approximately $4.82 million. Institutional investors collectively own 62.52% of the company.
• Kinder Morgan reported quarterly EPS of $0.37, exceeding estimates by $0.06, while revenue rose 10.8% year over year to $4.48 billion.
• Analysts maintain a consensus “Hold” rating with an average price target of $35.50. The company pays a quarterly dividend of $0.2975, equivalent to a 3.8% annualized yield.

Nykredit A S acquired a new stake in Kinder Morgan, Inc. (NYSE:KMI - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm acquired 150,854 shares of the pipeline company's stock, valued at approximately $4,823,000.

Other large investors have also recently made changes to their positions in the company. Klingman & Associates LLC increased its stake in shares of Kinder Morgan by 3.9% during the 1st quarter. Klingman & Associates LLC now owns 8,498 shares of the pipeline company's stock worth $285,000 after purchasing an additional 319 shares during the last quarter. TD Capital Management LLC raised its stake in shares of Kinder Morgan by 36.0% during the 4th quarter. TD Capital Management LLC now owns 1,220 shares of the pipeline company's stock valued at $34,000 after purchasing an additional 323 shares during the period. Transamerica Financial Advisors LLC increased its position 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 valued at $25,000 after buying an additional 328 shares during the period. Loomis Sayles & Co. L P increased its holdings in Kinder Morgan by 13.0% during the 4th quarter. Loomis Sayles & Co. L P now owns 2,860 shares of the pipeline company's stock worth $79,000 after acquiring an additional 329 shares during the period. Finally, Abel Hall LLC raised its position in shares of Kinder Morgan by 4.0% in the first quarter. Abel Hall LLC now owns 8,588 shares of the pipeline company's stock worth $288,000 after buying an additional 330 shares in the last quarter. 62.52% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on KMI shares. Citigroup reaffirmed a "neutral" rating on shares of Kinder Morgan in a research note on Wednesday, July 29th. Weiss Ratings downgraded Kinder Morgan from a "buy (a-)" rating to a "buy (b+)" rating in a report on Tuesday, June 23rd. Jefferies Financial Group reiterated a "hold" rating on shares of Kinder Morgan in a report on Thursday, July 23rd. Morgan Stanley set a $38.00 price objective on Kinder Morgan in a report on Wednesday, July 29th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating on shares of Kinder Morgan in a research report on Wednesday, June 10th. Eight analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $35.50.

Kinder Morgan Stock Up 0.1%

Shares of NYSE:KMI opened at $31.42 on Monday. The stock has a market capitalization of $69.97 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 2.22 and a beta of 0.56. The stock has a fifty day simple moving average of $31.95 and a two-hundred day simple moving average of $32.37. Kinder Morgan, Inc. has a 12-month low of $25.60 and a 12-month high of $34.81. The company has a current ratio of 0.46, a quick ratio of 0.36 and a debt-to-equity ratio of 0.91.

Kinder Morgan (NYSE:KMI - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The pipeline company reported $0.37 EPS for the quarter, beating the consensus estimate of $0.31 by $0.06. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The company had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.22 billion. During the same period in the prior year, the firm posted $0.28 EPS. Kinder Morgan's revenue for the quarter 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, research analysts anticipate that Kinder Morgan, Inc. will post 1.55 earnings per share for the current fiscal year.

Kinder Morgan Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 3rd were issued a $0.2975 dividend. This represents a $1.19 annualized dividend and a yield of 3.8%. The ex-dividend date was Monday, August 3rd. Kinder Morgan's dividend payout ratio (DPR) is presently 76.28%.

Insider Transactions at Kinder Morgan

In other news, VP John W. Schlosser sold 6,166 shares of the firm's stock in a transaction on Monday, July 6th. The stock was sold at an average price of $31.90, for a total value of $196,695.40. Following the transaction, the vice president directly owned 164,208 shares in the company, valued at $5,238,235.20. This trade represents a 3.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael P. Garthwaite sold 1,550 shares of the firm's stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $31.44, for a total value of $48,732.00. Following the completion of the transaction, the vice president directly owned 41,743 shares in the company, valued at $1,312,399.92. The trade was a 3.58% 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. Company insiders own 12.72% of the company's stock.

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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