Kinder Morgan, Inc. (NYSE:KMI) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Analysts rate Kinder Morgan “Hold” overall: Ten of 18 brokerages recommend holding the stock, while eight rate it a buy. The average 12-month price target is $35.50, compared with shares recently trading at $31.66.
• Quarterly results exceeded expectations: Kinder Morgan reported earnings of $0.37 per share versus the $0.31 consensus estimate, while revenue rose 10.8% year over year to $4.48 billion.
• The company maintains an income appeal: Kinder Morgan recently paid a quarterly dividend of $0.2975, equal to an annualized $1.19 and a 3.8% yield; insiders sold $441,691 worth of shares during the latest quarter.

Kinder Morgan, Inc. (NYSE:KMI - Get Free Report) has been assigned a consensus rating of "Hold" from the eighteen brokerages that are covering the company, Marketbeat Ratings reports. Ten analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $35.50.

Several research firms have recently weighed in on KMI. Morgan Stanley set a $38.00 price objective on Kinder Morgan in a research report on Wednesday, July 29th. Citigroup reissued a "neutral" rating on shares of Kinder Morgan in a research report on Wednesday, July 29th. UBS Group restated a "buy" rating and issued a $43.00 target price on shares of Kinder Morgan in a research note on Monday, June 15th. Wells Fargo & Company raised their price target on shares of Kinder Morgan from $35.00 to $36.00 and gave the stock an "overweight" rating in a research note on Thursday, July 23rd. Finally, Weiss Ratings downgraded shares of Kinder Morgan from a "buy (a-)" rating to a "buy (b+)" rating in a report on Tuesday, June 23rd.

Insider Buying and Selling at Kinder Morgan

In other Kinder Morgan news, VP Michael P. Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $31.44, for a total value of $48,732.00. Following the sale, the vice president directly owned 41,743 shares in the company, valued at approximately $1,312,399.92. The trade was a 3.58% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John W. Schlosser sold 6,166 shares of the business's stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $31.90, for a total transaction of $196,695.40. Following the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 13,882 shares of company stock worth $441,691 over the last quarter. Company insiders own 12.72% of the company's stock.

Hedge Funds Weigh In On Kinder Morgan

Several hedge funds and other institutional investors have recently made changes to their positions in KMI. Evolution Wealth Management Inc. lifted its stake in Kinder Morgan by 4,166.7% in the second quarter. Evolution Wealth Management Inc. now owns 768 shares of the pipeline company's stock valued at $25,000 after acquiring an additional 750 shares during the last quarter. Transamerica Financial Advisors LLC increased its stake in shares of Kinder Morgan by 72.9% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 778 shares of the pipeline company's stock worth $25,000 after purchasing an additional 328 shares during the last quarter. Commonwealth Retirement Investments LLC acquired a new position in shares of Kinder Morgan during the 4th quarter worth about $27,000. Frazier Financial Advisors LLC bought a new stake in shares of Kinder Morgan in the 1st quarter valued at about $28,000. Finally, Acumen Wealth Advisors LLC acquired a new stake in Kinder Morgan in the 4th quarter valued at about $28,000. 62.52% of the stock is owned by institutional investors.

Kinder Morgan Trading Down 1.3%

Shares of NYSE:KMI opened at $31.66 on Friday. The firm has a market cap of $70.50 billion, a price-to-earnings ratio of 20.30, a PEG ratio of 2.51 and a beta of 0.54. Kinder Morgan has a 12 month low of $25.60 and a 12 month high of $34.81. The company's fifty day simple moving average is $32.05 and its 200 day simple moving average is $32.32. The company has a quick ratio of 0.36, a current ratio of 0.46 and a debt-to-equity ratio of 0.91.

Kinder Morgan (NYSE:KMI - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.31 by $0.06. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The firm had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.22 billion. During the same period in the prior year, the business earned $0.28 EPS. The company's revenue for the quarter was up 10.8% compared to the same quarter last year. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. As a group, research analysts forecast that Kinder Morgan will post 1.55 EPS for the current fiscal year.

Kinder Morgan Dividend Announcement

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

Kinder Morgan Company 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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