Rep. Marjorie Taylor Greene Buys Kinder Morgan, Inc. (NYSE:KMI) Shares

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Kinder Morgan, Inc. NYSE: KMI. In a filing disclosed on May 06th, the Representative disclosed that they had bought between $1,001 and $15,000 in Kinder Morgan stock on May 5th. The trade occurred in the Representative's "MARJORIE IRA" account.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Occidental Petroleum NYSE: OXY on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Paychex NASDAQ: PAYX on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of MercadoLibre NASDAQ: MELI on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Starbucks NASDAQ: SBUX on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Gilead Sciences NASDAQ: GILD on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of BHP Group NYSE: BHP on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 5/5/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 5/5/2025.

Kinder Morgan Stock Up 0.7%

NYSE:KMI traded up $0.18 on Tuesday, hitting $27.49. The stock had a trading volume of 1,885,020 shares, compared to its average volume of 13,949,421. The firm's fifty day simple moving average is $27.03 and its two-hundred day simple moving average is $27.23. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.39 and a current ratio of 0.49. The stock has a market cap of $61.08 billion, a P/E ratio of 23.50, a price-to-earnings-growth ratio of 3.08 and a beta of 0.74. Kinder Morgan, Inc. has a 1 year low of $18.83 and a 1 year high of $31.48.

Kinder Morgan (NYSE:KMI - Get Free Report) last posted its quarterly earnings results on Wednesday, April 16th. The pipeline company reported $0.34 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.34. The firm had revenue of $4.24 billion during the quarter, compared to analyst estimates of $4.02 billion. Kinder Morgan had a return on equity of 8.09% and a net margin of 17.31%. Analysts predict that Kinder Morgan, Inc. will post 1.25 earnings per share for the current year.

Kinder Morgan Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be paid a $0.2925 dividend. This is a boost from Kinder Morgan's previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $1.17 annualized dividend and a dividend yield of 4.26%. Kinder Morgan's payout ratio is currently 100.86%.

Analysts Set New Price Targets

KMI has been the subject of several research analyst reports. Morgan Stanley upped their target price on Kinder Morgan from $24.00 to $36.00 in a research note on Thursday, January 23rd. Royal Bank of Canada lifted their price objective on shares of Kinder Morgan from $27.00 to $28.00 and gave the company a "sector perform" rating in a research report on Tuesday, April 29th. Citigroup boosted their price target on Kinder Morgan from $25.00 to $28.00 and gave the company a "neutral" rating in a report on Wednesday, January 29th. Truist Financial upped their target price on shares of Kinder Morgan from $25.00 to $31.00 and gave the company a "hold" rating in a research note on Thursday, January 23rd. Finally, Wells Fargo & Company reiterated an "overweight" rating on shares of Kinder Morgan in a report on Monday, May 5th. Seven analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, Kinder Morgan currently has a consensus rating of "Moderate Buy" and a consensus price target of $29.79.

Insider Activity

In other news, VP John W. Schlosser sold 75,461 shares of the company's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $26.65, for a total value of $2,011,035.65. Following the completion of the transaction, the vice president now owns 220,681 shares in the company, valued at approximately $5,881,148.65. This represents a 25.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, President Thomas A. Martin sold 18,000 shares of the firm's stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $26.61, for a total transaction of $478,980.00. Following the completion of the sale, the president now owns 825,652 shares of the company's stock, valued at $21,970,599.72. This trade represents a 2.13% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 129,461 shares of company stock valued at $3,503,776. Corporate insiders own 12.73% of the company's stock.

Hedge Funds Weigh In On Kinder Morgan

Hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in Kinder Morgan by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 204,148,872 shares of the pipeline company's stock worth $5,824,367,000 after buying an additional 1,302,794 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Kinder Morgan by 2.5% during the 4th quarter. Geode Capital Management LLC now owns 51,759,844 shares of the pipeline company's stock valued at $1,414,813,000 after acquiring an additional 1,252,609 shares during the last quarter. Norges Bank purchased a new position in Kinder Morgan in the fourth quarter worth about $917,523,000. Northern Trust Corp lifted its position in Kinder Morgan by 8.3% in the fourth quarter. Northern Trust Corp now owns 20,942,841 shares of the pipeline company's stock worth $573,834,000 after buying an additional 1,608,499 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of Kinder Morgan by 37.5% during the first quarter. Goldman Sachs Group Inc. now owns 20,281,385 shares of the pipeline company's stock valued at $578,628,000 after buying an additional 5,529,065 shares during the last quarter. 62.52% of the stock is owned by hedge funds and other institutional investors.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

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.