Insider Selling: Kinder Morgan (NYSE:KMI) VP Sells 6,166 Shares of Stock

Key Points

• VP John Schlosser sold 6,166 shares on May 5 at an average price of $32.41 for about $199,840, trimming his position by 3.37% to 176,540 shares; the trade was executed under a pre-arranged Rule 10b5-1 plan.
• Kinder Morgan beat Q1 estimates with $0.48 EPS and $4.83B revenue, set FY2026 guidance at 1.360 EPS, and raised its quarterly dividend to $0.2975 (annualized $1.19, ~3.7% yield) with a payout ratio of about 79.9%.

Kinder Morgan, Inc. (NYSE:KMI - Get Free Report) VP John Schlosser sold 6,166 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $32.41, for a total value of $199,840.06. Following the sale, the vice president owned 176,540 shares in the company, valued at $5,721,661.40. The trade was a 3.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kinder Morgan Trading Down 0.6%

NYSE:KMI traded down $0.18 during midday trading on Tuesday, hitting $32.29. 9,288,522 shares of the company traded hands, compared to its average volume of 13,986,917. The firm has a market capitalization of $71.84 billion, a P/E ratio of 21.67, a P/E/G ratio of 2.87 and a beta of 0.57. Kinder Morgan, Inc. has a 12-month low of $25.60 and a 12-month high of $34.73. The firm's fifty day moving average is $32.88 and its 200-day moving average is $29.63. The company has a current ratio of 0.52, a quick ratio of 0.41 and a debt-to-equity ratio of 0.92.

Kinder Morgan (NYSE:KMI - Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.38 by $0.10. The company had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.55 billion. Kinder Morgan had a net margin of 18.92% and a return on equity of 9.90%. The firm's revenue was up 13.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.34 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. On average, sell-side analysts predict that Kinder Morgan, Inc. will post 1.45 EPS for the current year.

Kinder Morgan Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Monday, May 4th will be issued a dividend of $0.2975 per share. This represents a $1.19 annualized dividend and a yield of 3.7%. The ex-dividend date is Monday, May 4th. This is a positive change from Kinder Morgan's previous quarterly dividend of $0.29. Kinder Morgan's payout ratio is currently 79.87%.

Wall Street Analysts Forecast Growth

KMI has been the subject of a number of recent analyst reports. Truist Financial initiated coverage on Kinder Morgan in a report on Tuesday, March 24th. They set a "hold" rating and a $38.00 price objective for the company. Zacks Research upgraded Kinder Morgan from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 28th. Scotiabank boosted their price objective on Kinder Morgan from $31.00 to $32.00 and gave the company a "sector perform" rating in a report on Thursday, March 26th. Morgan Stanley boosted their price objective on Kinder Morgan from $34.00 to $36.00 and gave the company an "equal weight" rating in a report on Tuesday, March 3rd. Finally, Wolfe Research lowered shares of Kinder Morgan from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $34.20.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Providence Capital Advisors LLC purchased a new stake in Kinder Morgan during the third quarter worth $2,674,000. Meixler Investment Management Ltd. bought a new position in Kinder Morgan in the third quarter worth about $1,882,000. HighTower Advisors LLC raised its holdings in Kinder Morgan by 3.9% in the third quarter. HighTower Advisors LLC now owns 1,231,845 shares of the pipeline company's stock worth $34,874,000 after purchasing an additional 46,396 shares in the last quarter. Kayne Anderson Capital Advisors LP raised its holdings in Kinder Morgan by 15.6% in the third quarter. Kayne Anderson Capital Advisors LP now owns 12,452,111 shares of the pipeline company's stock worth $352,519,000 after purchasing an additional 1,682,241 shares in the last quarter. Finally, Cibc World Market Inc. raised its holdings in Kinder Morgan by 12.9% in the third quarter. Cibc World Market Inc. now owns 869,127 shares of the pipeline company's stock worth $24,605,000 after purchasing an additional 99,540 shares in the last quarter. 62.52% of the stock is currently owned by institutional investors.

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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