Scotiabank Issues Positive Forecast for Kinder Morgan (NYSE:KMI) Stock Price

Kinder Morgan (NYSE:KMI) had its price objective upped by Scotiabank from $29.00 to $30.00 in a research report released on Friday, MarketBeat.com reports. They currently have a sector perform rating on the pipeline company’s stock.

Other equities analysts have also recently issued reports about the stock. Stifel Nicolaus upped their target price on shares of Kinder Morgan from $29.00 to $30.00 and gave the company a “hold” rating in a research note on Tuesday, November 11th. Jefferies Financial Group boosted their price objective on shares of Kinder Morgan from $29.00 to $31.00 and gave the stock a “hold” rating in a report on Thursday. Weiss Ratings reiterated a “buy (b)” rating on shares of Kinder Morgan in a research note on Wednesday, October 8th. Mizuho decreased their target price on Kinder Morgan from $32.00 to $31.00 and set an “outperform” rating on the stock in a research report on Friday, November 14th. Finally, Royal Bank Of Canada upped their price target on Kinder Morgan from $28.00 to $30.00 and gave the company a “sector perform” rating in a report on Thursday, November 13th. Eight equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $32.07.

Kinder Morgan Price Performance

Shares of NYSE:KMI opened at $29.58 on Friday. The company has a market cap of $65.80 billion, a price-to-earnings ratio of 21.59, a PEG ratio of 2.44 and a beta of 0.69. The business has a 50 day moving average price of $27.27 and a 200 day moving average price of $27.23. The company has a quick ratio of 0.49, a current ratio of 0.64 and a debt-to-equity ratio of 0.95. Kinder Morgan has a twelve month low of $23.94 and a twelve month high of $30.56.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings results on Wednesday, January 21st. The pipeline company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. Kinder Morgan had a return on equity of 9.02% and a net margin of 18.04%.The company had revenue of $4.51 billion during the quarter, compared to analyst estimates of $4.33 billion. During the same period in the previous year, the company earned $0.30 earnings per share. The company’s quarterly revenue was up 13.1% compared to the same quarter last year. Research analysts predict that Kinder Morgan will post 1.25 earnings per share for the current year.

Kinder Morgan Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Monday, February 2nd will be paid a $0.2925 dividend. This represents a $1.17 annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Monday, February 2nd. Kinder Morgan’s dividend payout ratio is currently 95.90%.

Insider Buying and Selling

In related news, Chairman Richard D. Kinder acquired 1,000,000 shares of the company’s stock in a transaction on Monday, October 27th. The stock was purchased at an average cost of $25.96 per share, for a total transaction of $25,960,000.00. Following the completion of the purchase, the chairman directly owned 246,212,353 shares of the company’s stock, valued at $6,391,672,683.88. The trade was a 0.41% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $27.49, for a total transaction of $169,503.34. Following the completion of the sale, the vice president owned 201,204 shares in the company, valued at $5,531,097.96. This represents a 2.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders purchased 1,004,287 shares of company stock worth $26,072,463 and sold 18,498 shares worth $507,462. 12.73% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Kinder Morgan

Institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new position in shares of Kinder Morgan in the fourth quarter valued at approximately $308,000. Fifth Third Bancorp increased its holdings in Kinder Morgan by 5.0% during the 2nd quarter. Fifth Third Bancorp now owns 114,769 shares of the pipeline company’s stock valued at $3,374,000 after purchasing an additional 5,502 shares in the last quarter. Ballentine Partners LLC raised its position in Kinder Morgan by 8.7% in the 2nd quarter. Ballentine Partners LLC now owns 16,776 shares of the pipeline company’s stock valued at $493,000 after purchasing an additional 1,345 shares during the last quarter. Register Financial Advisors LLC boosted its stake in Kinder Morgan by 8.7% in the second quarter. Register Financial Advisors LLC now owns 12,500 shares of the pipeline company’s stock worth $368,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Old North State Wealth Management LLC grew its holdings in shares of Kinder Morgan by 3.8% during the second quarter. Old North State Wealth Management LLC now owns 78,688 shares of the pipeline company’s stock worth $2,314,000 after purchasing an additional 2,916 shares during the last quarter. 62.52% of the stock is owned by institutional investors.

Key Kinder Morgan News

Here are the key news stories impacting Kinder Morgan this week:

• Positive Sentiment: Record Q4 and full‑year results — KMI reported higher revenue and EPS that beat consensus, with strong Natural Gas Pipelines contributions and a larger backlog that helped drive a jump in net income. Kinder Morgan Posts Record Earnings
• Positive Sentiment: Structural LNG tailwinds/backlog — management cites rising LNG feed‑gas demand and a >$10B project backlog that should underpin multi‑year cash flow and project EBITDA as new projects come online. LNG feed gas demand & backlog
• Positive Sentiment: Dividend and capital returns — KMI declared the quarterly dividend (maintains a ~4% yield) and reiterated capital allocation that supports distributions while funding growth projects.
• Positive Sentiment: Insiders and buying signals — recent insider purchases (including Amy W. Chronis and others) and elevated call‑option activity signal some bullish conviction from traders. Amy Chronis purchase
• Neutral Sentiment: Asset sale — KMI sold its Eagle Ford JV stake for ~$396M to BPX, which raises near‑term cash and simplifies upstream exposure; impact on long‑term earnings depends on redeployment. Eagle Ford sale
• Neutral Sentiment: Analyst/price target moves — modest target increases and “sector perform” notes (e.g., Scotiabank) reflect cautious optimism but limited near‑term upside. Price target update
• Negative Sentiment: Cautious guidance — management issued relatively conservative near‑term guidance despite the strong quarter, which can cap investor enthusiasm for an immediate rerating. MarketBeat: cautious guidance
• Negative Sentiment: Mixed insider activity — while some insiders bought, Quiver/filings show multiple executive share sales in recent months, which can be read as profit‑taking by some market participants. Quiver insider activity

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.