First Trust Advisors LP grew its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI – Free Report) by 20.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,855,053 shares of the pipeline company’s stock after buying an additional 819,648 shares during the quarter. First Trust Advisors LP owned 0.22% of Kinder Morgan worth $137,447,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of the business. LFA Lugano Financial Advisors SA bought a new stake in shares of Kinder Morgan during the 2nd quarter worth approximately $26,000. CoreFirst Bank & Trust bought a new position in Kinder Morgan in the 2nd quarter valued at $35,000. Private Wealth Management Group LLC increased its stake in Kinder Morgan by 94.9% in the third quarter. Private Wealth Management Group LLC now owns 1,222 shares of the pipeline company’s stock worth $35,000 after purchasing an additional 595 shares during the period. Westside Investment Management Inc. lifted its position in shares of Kinder Morgan by 314.6% during the third quarter. Westside Investment Management Inc. now owns 1,360 shares of the pipeline company’s stock worth $38,000 after purchasing an additional 1,032 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in shares of Kinder Morgan during the second quarter worth $40,000. 62.52% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, Director William A. Smith acquired 3,000 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The stock was purchased at an average cost of $29.75 per share, for a total transaction of $89,250.00. Following the purchase, the director directly owned 31,087 shares of the company’s stock, valued at $924,838.25. This trade represents a 10.68% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Also, VP Anthony B. Ashley sold 8,000 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $31.95, for a total value of $255,600.00. Following the sale, the vice president directly owned 100,146 shares in the company, valued at approximately $3,199,664.70. The trade was a 7.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 46,498 shares of company stock worth $1,418,248 over the last quarter. Insiders own 12.73% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Analysis on KMI
Kinder Morgan Trading Up 0.6%
NYSE:KMI opened at $33.59 on Monday. Kinder Morgan, Inc. has a one year low of $23.94 and a one year high of $34.24. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.50 and a current ratio of 0.64. The firm has a market cap of $74.73 billion, a P/E ratio of 24.52, a P/E/G ratio of 3.09 and a beta of 0.68. The firm has a 50-day simple moving average of $30.16 and a 200-day simple moving average of $28.15.
Kinder Morgan (NYSE:KMI – Get Free Report) last released its quarterly earnings data on Wednesday, January 21st. The pipeline company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. The firm had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.33 billion. Kinder Morgan had a net margin of 18.04% and a return on equity of 9.02%. The company’s quarterly revenue was up 13.1% on a year-over-year basis. During the same period last year, the firm earned $0.30 earnings per share. Equities analysts anticipate that Kinder Morgan, Inc. will post 1.25 EPS for the current fiscal year.
Kinder Morgan Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 2nd were given a dividend of $0.2925 per share. This represents a $1.17 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend was Monday, February 2nd. Kinder Morgan’s dividend payout ratio (DPR) is 85.40%.
Key Headlines Impacting Kinder Morgan
Here are the key news stories impacting Kinder Morgan this week:
- Positive Sentiment: Several sell‑side firms raised targets or forecasts this week (Mizuho raised its target to $37 and issued an outperform; Morgan Stanley and RBC also boosted targets), adding analyst momentum that can attract buyer interest. Read More. Read More.
- Positive Sentiment: Sector coverage is favoring midstream names as defensive, fee‑based income plays amid oil volatility and geopolitical risk; KMI is repeatedly cited as a buy for yield and stability, which can draw dividend-focused flows. Read More. Read More.
- Positive Sentiment: KMI expanded its post‑FID natural gas project backlog to roughly $10 billion (adding about $900M), signaling visible fee‑based projects tied to LNG and power demand that support future cash flows. Read More.
- Positive Sentiment: The company recently paid its quarterly dividend (annualized ~$1.17, ~3.5% yield), reinforcing the income story that attracts yield‑seeking investors. Read More.
- Neutral Sentiment: While backlog expansion is positive, some coverage highlights fair‑value and cash‑flow scrutiny—investors may wait for clearer project execution and returns before assigning more valuation upside. Read More.
- Negative Sentiment: Insider selling: VP John W. Schlosser sold 6,166 shares at ≈$33.67 on March 5. The sale is modest versus his total holdings but can be perceived negatively by some investors. Read More.
- Negative Sentiment: MarketWatch noted KMI underperformed peers on Thursday, a reminder that sector rotation and near‑term relative weakness can drag the share price even amid constructive company headlines. Read More.
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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