U.S. Capital Wealth Advisors LLC Grows Stock Holdings in Kinder Morgan, Inc. $KMI

Key Points

• U.S. Capital Wealth Advisors LLC increased its stake in Kinder Morgan, Inc. by 1.5%, acquiring an additional 13,792 shares, bringing its total holdings to 914,996 shares worth approximately $26.9 million.
• Several institutional investors significantly boosted their positions in Kinder Morgan during the first quarter, with Westwood Holdings Group Inc. increasing its ownership by 14.1%, now holding over 6.4 million shares valued at $183.8 million.
• Kinder Morgan reported a net margin of 17.06% and quarterly revenue of $4.04 billion, exceeding analysts' expectations, while maintaining a dividend yield of 4.3% after announcing a quarterly dividend of $0.2925.

U.S. Capital Wealth Advisors LLC boosted its position in Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 1.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 914,996 shares of the pipeline company's stock after acquiring an additional 13,792 shares during the period. Kinder Morgan comprises approximately 0.8% of U.S. Capital Wealth Advisors LLC's holdings, making the stock its 21st biggest holding. U.S. Capital Wealth Advisors LLC's holdings in Kinder Morgan were worth $26,901,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Westwood Holdings Group Inc. grew its stake in Kinder Morgan by 14.1% in the 1st quarter. Westwood Holdings Group Inc. now owns 6,442,093 shares of the pipeline company's stock worth $183,793,000 after acquiring an additional 794,388 shares during the period. Burney Co. increased its holdings in shares of Kinder Morgan by 133.5% during the 1st quarter. Burney Co. now owns 442,044 shares of the pipeline company's stock worth $12,612,000 after buying an additional 252,736 shares during the last quarter. Aberdeen Group plc raised its position in shares of Kinder Morgan by 35.2% in the 1st quarter. Aberdeen Group plc now owns 2,343,165 shares of the pipeline company's stock worth $66,581,000 after buying an additional 609,748 shares during the period. AdvisorNet Financial Inc boosted its holdings in Kinder Morgan by 402.5% in the first quarter. AdvisorNet Financial Inc now owns 39,393 shares of the pipeline company's stock valued at $1,124,000 after acquiring an additional 31,553 shares during the last quarter. Finally, Siemens Fonds Invest GmbH grew its position in Kinder Morgan by 127.2% during the fourth quarter. Siemens Fonds Invest GmbH now owns 27,978 shares of the pipeline company's stock valued at $767,000 after acquiring an additional 15,662 shares during the period. 62.52% of the stock is owned by hedge funds and other institutional investors.

Kinder Morgan Price Performance

Shares of NYSE:KMI opened at $27.46 on Monday. The company has a quick ratio of 0.53, a current ratio of 0.68 and a debt-to-equity ratio of 0.99. Kinder Morgan, Inc. has a fifty-two week low of $21.45 and a fifty-two week high of $31.48. The firm has a 50-day simple moving average of $27.17 and a 200 day simple moving average of $27.39. The company has a market cap of $61.02 billion, a PE ratio of 22.51, a P/E/G ratio of 3.22 and a beta of 0.81.

Kinder Morgan (NYSE:KMI - Get Free Report) last posted its earnings results on Wednesday, July 16th. The pipeline company reported $0.28 EPS for the quarter, hitting the consensus estimate of $0.28. Kinder Morgan had a net margin of 17.06% and a return on equity of 8.31%. The firm had revenue of $4.04 billion during the quarter, compared to analysts' expectations of $3.75 billion. During the same quarter in the prior year, the firm earned $0.26 EPS. Kinder Morgan's quarterly revenue was up 13.2% on a year-over-year basis. Kinder Morgan has set its FY 2025 guidance at 1.270-1.270 EPS. On average, sell-side analysts anticipate that Kinder Morgan, Inc. will post 1.25 EPS for the current year.

Kinder Morgan Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Thursday, July 31st were given a $0.2925 dividend. The ex-dividend date was Thursday, July 31st. This represents a $1.17 annualized dividend and a yield of 4.3%. Kinder Morgan's dividend payout ratio is 95.90%.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Barclays restated an "overweight" rating and set a $32.00 price target (up from $31.00) on shares of Kinder Morgan in a research note on Monday, June 23rd. Cowen assumed coverage on Kinder Morgan in a research note on Monday, July 7th. They set a "buy" rating for the company. Morgan Stanley set a $32.00 price target on Kinder Morgan in a research note on Thursday. Scotiabank dropped their price target on Kinder Morgan from $28.00 to $27.00 and set a "sector perform" rating for the company in a research note on Friday. Finally, TD Cowen began coverage on shares of Kinder Morgan in a report on Monday, July 7th. They set a "buy" rating and a $34.00 target price on the stock. Ten investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Kinder Morgan has an average rating of "Moderate Buy" and a consensus price target of $31.06.

Insider Transactions at Kinder Morgan

In other Kinder Morgan news, VP Sital K. Mody sold 45,549 shares of the company's stock in a transaction dated Friday, August 1st. The shares were sold at an average price of $27.96, for a total value of $1,273,550.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO David Patrick Michels sold 40,000 shares of the company's stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $28.19, for a total transaction of $1,127,600.00. Following the completion of the transaction, the chief financial officer owned 159,428 shares of the company's stock, valued at approximately $4,494,275.32. This trade represents a 20.06% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 128,008 shares of company stock worth $3,553,982 in the last quarter. 12.73% of the stock is currently owned by corporate insiders.

Kinder Morgan Company Profile

Kinder Morgan, Inc operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities.

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