Kinder Morgan (NYSE:KMI) Stock Unloaded Rep. Dwight Evans

Representative Dwight Evans (D-Pennsylvania) recently sold shares of Kinder Morgan, Inc. (NYSE:KMI). In a filing disclosed on April 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Kinder Morgan stock on April 3rd. The trade occurred in the Representative’s “CETERA” account.

Representative Dwight Evans also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Quanta Services (NYSE:PWR) on 4/3/2025.
• Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 4/3/2025.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/3/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 4/3/2025.
• Sold $1,001 – $15,000 in shares of NextEra Energy (NYSE:NEE) on 4/3/2025.
• Sold $1,001 – $15,000 in shares of American Tower (NYSE:AMT) on 4/3/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 4/3/2025.
• Sold $1,001 – $15,000 in shares of ONEOK (NYSE:OKE) on 4/3/2025.
• Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 4/3/2025.
• Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 4/3/2025.

Kinder Morgan Price Performance

NYSE KMI opened at $27.09 on Friday. Kinder Morgan, Inc. has a one year low of $18.13 and a one year high of $31.48. The stock has a 50-day moving average of $26.94 and a 200 day moving average of $26.91. 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 company has a market capitalization of $60.19 billion, a price-to-earnings ratio of 23.15, a PEG ratio of 3.08 and a beta of 0.72.

Kinder Morgan (NYSE:KMI) last announced its quarterly earnings results on Wednesday, April 16th. The pipeline company reported $0.34 EPS for the quarter, hitting analysts’ consensus estimates 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 net margin of 17.31% and a return on equity of 8.09%. On average, sell-side analysts forecast that Kinder Morgan, Inc. will post 1.25 EPS for the current year.

Kinder Morgan Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be paid a dividend of $0.2925 per share. This represents a $1.17 annualized dividend and a yield of 4.32%. This is an increase from Kinder Morgan’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend is Wednesday, April 30th. Kinder Morgan’s dividend payout ratio (DPR) is currently 99.14%.

Insider Transactions at Kinder Morgan

In other news, VP John W. Schlosser sold 75,461 shares of Kinder Morgan stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $26.65, for a total value of $2,011,035.65. Following the sale, the vice president now directly owns 220,681 shares of the company’s stock, valued at approximately $5,881,148.65. The trade was a 25.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, President Thomas A. Martin sold 18,000 shares of the stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $28.75, for a total value of $517,500.00. Following the transaction, the president now directly owns 807,652 shares of the company’s stock, valued at approximately $23,219,995. The trade was a 2.18 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 129,461 shares of company stock valued at $3,506,116. 12.73% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Xponance Inc. lifted its position in shares of Kinder Morgan by 5.2% in the fourth quarter. Xponance Inc. now owns 303,044 shares of the pipeline company’s stock valued at $8,303,000 after acquiring an additional 15,114 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in Kinder Morgan by 3.2% in the 3rd quarter. Principal Financial Group Inc. now owns 2,291,704 shares of the pipeline company’s stock worth $50,624,000 after purchasing an additional 71,984 shares in the last quarter. Golden State Equity Partners boosted its stake in Kinder Morgan by 2,507.9% in the 4th quarter. Golden State Equity Partners now owns 16,430 shares of the pipeline company’s stock worth $450,000 after purchasing an additional 15,800 shares during the period. Royal London Asset Management Ltd. grew its holdings in Kinder Morgan by 2.0% during the 4th quarter. Royal London Asset Management Ltd. now owns 2,265,044 shares of the pipeline company’s stock valued at $62,062,000 after buying an additional 44,474 shares in the last quarter. Finally, Barclays PLC raised its position in shares of Kinder Morgan by 39.9% during the third quarter. Barclays PLC now owns 8,186,207 shares of the pipeline company’s stock valued at $180,833,000 after buying an additional 2,334,273 shares during the last quarter. Hedge funds and other institutional investors own 62.52% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on KMI. JPMorgan Chase & Co. raised their price target on Kinder Morgan from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 5th. Royal Bank of Canada raised their target price on Kinder Morgan from $26.00 to $27.00 and gave the stock a “sector perform” rating in a research report on Monday, March 3rd. Truist Financial upped their price target on shares of Kinder Morgan from $25.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday, January 23rd. Barclays raised shares of Kinder Morgan from an “equal weight” rating to an “overweight” rating and set a $31.00 price objective on the stock in a report on Monday, March 3rd. Finally, Citigroup upped their target price on shares of Kinder Morgan from $25.00 to $28.00 and gave the company a “neutral” rating in a report on Wednesday, January 29th. Seven equities research analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $29.64.

About Representative Evans

Dwight Evans (Democratic Party) is a member of the U.S. House, representing Pennsylvania’s 3rd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Evans (Democratic Party) is running for re-election to the U.S. House to represent Pennsylvania’s 3rd Congressional District. He declared candidacy for the 2026 election.

Evans earned his A.A. from the Community College of Philadelphia in 1973 and his bachelor’s degree from La Salle College in 1975. He then attended Graduate Work at Temple University from 1975 to 1976. His professional experience includes working as an employment counselor/job developer for the Urban League of Philadelphia and as a teacher in the Philadelphia Public School System.

About Kinder Morgan

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.