Kinder Morgan, Inc. $KMI is 59 North Capital Management LP’s 4th Largest Position

59 North Capital Management LP boosted its position in Kinder Morgan, Inc. (NYSE:KMI) by 7.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,373,545 shares of the pipeline company’s stock after acquiring an additional 776,165 shares during the period. Kinder Morgan accounts for 10.0% of 59 North Capital Management LP’s investment portfolio, making the stock its 4th biggest position. 59 North Capital Management LP owned approximately 0.51% of Kinder Morgan worth $321,985,000 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 company. Vanguard Group Inc. lifted its holdings in Kinder Morgan by 0.4% in the 3rd quarter. Vanguard Group Inc. now owns 208,116,318 shares of the pipeline company’s stock worth $5,891,773,000 after buying an additional 896,837 shares during the period. Norges Bank purchased a new position in shares of Kinder Morgan during the second quarter valued at approximately $1,162,802,000. Orbis Allan Gray Ltd increased its stake in shares of Kinder Morgan by 3.1% during the second quarter. Orbis Allan Gray Ltd now owns 22,635,179 shares of the pipeline company’s stock valued at $665,474,000 after buying an additional 670,856 shares during the period. Invesco Ltd. raised its holdings in shares of Kinder Morgan by 1.0% during the third quarter. Invesco Ltd. now owns 22,165,368 shares of the pipeline company’s stock valued at $627,502,000 after acquiring an additional 216,039 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Kinder Morgan by 1.3% during the third quarter. Dimensional Fund Advisors LP now owns 16,551,759 shares of the pipeline company’s stock valued at $468,588,000 after acquiring an additional 205,820 shares in the last quarter. 62.52% of the stock is owned by institutional investors.

Insider Activity

In other Kinder Morgan news, Director William A. Smith bought 3,000 shares of Kinder Morgan stock in a transaction on Monday, February 2nd. The stock was acquired at an average price of $29.75 per share, with a total value of $89,250.00. Following the acquisition, the director owned 31,087 shares in the company, valued at approximately $924,838.25. This trade represents a 10.68% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO David Patrick Michels sold 20,000 shares of the business’s stock in a transaction on Thursday, January 22nd. The stock was sold at an average price of $30.00, for a total value of $600,000.00. Following the completion of the transaction, the chief financial officer owned 139,428 shares of the company’s stock, valued at $4,182,840. This represents a 12.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 46,498 shares of company stock valued at $1,418,248 in the last quarter. Insiders own 12.73% of the company’s stock.

Key Kinder Morgan News

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

• Positive Sentiment: Wells Fargo raised its price target to $35 and kept an overweight rating, signaling roughly 4.8% upside from current levels and giving the stock a bullish catalyst. Wells Fargo price target raise
• Positive Sentiment: Analysis pieces highlight a potential tailwind from the AI/data‑center buildout, which is increasing on‑site power demand and could boost natural‑gas consumption and pipeline volumes — a medium-term demand positive for KMI. Data Center Boom Drives Natural Gas Use
• Positive Sentiment: Zacks and Yahoo Finance note KMI is a “trending” stock among retail readers, which can increase order flow and short‑term liquidity and keep the name in focus for investors. KMI Trending Stock (Zacks)
• Neutral Sentiment: Coverage highlighting long‑term historical returns (e.g., Benzinga’s “If you invested $1,000…” retrospective) can attract buy‑and‑hold investors but is unlikely to change near‑term fundamentals. 5‑Year Performance Retrospective
• Neutral Sentiment: Forbes’ billionaire list mentions (Kinder family wealth rising) generate positive PR but have limited direct impact on operations or cash flow. Forbes 2026 World’s Billionaires
• Negative Sentiment: Stifel raised its target to $33 but kept a hold rating; that target implies limited or slight downside from current prices and reflects caution among some analysts about meaningful near‑term upside. Stifel price target raise

Kinder Morgan Stock Performance

Shares of Kinder Morgan stock opened at $33.40 on Friday. Kinder Morgan, Inc. has a 1 year low of $23.94 and a 1 year high of $34.24. The firm’s 50-day moving average is $30.73 and its 200 day moving average is $28.37. The stock has a market cap of $74.30 billion, a price-to-earnings ratio of 24.38, a PEG ratio of 3.08 and a beta of 0.68. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.64 and a quick ratio of 0.50.

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

Kinder Morgan Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 2nd were given a dividend of $0.2925 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a $1.17 annualized dividend and a dividend yield of 3.5%. Kinder Morgan’s dividend payout ratio (DPR) is 85.40%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on KMI shares. Royal Bank Of Canada lifted their price target on shares of Kinder Morgan from $30.00 to $32.00 and gave the company a “sector perform” rating in a report on Friday, February 27th. Jefferies Financial Group raised their target price on shares of Kinder Morgan from $29.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday, January 22nd. Barclays reaffirmed an “overweight” rating on shares of Kinder Morgan in a research note on Friday, February 20th. Mizuho increased their price target on shares of Kinder Morgan from $31.00 to $37.00 and gave the stock an “outperform” rating in a research note on Thursday, March 5th. Finally, TD Cowen raised their price objective on shares of Kinder Morgan from $34.00 to $35.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Eight analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $33.38.

Kinder Morgan 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.