Mirae Asset Global Investments Co. Ltd. Boosts Stake in Kinder Morgan, Inc. $KMI

Mirae Asset Global Investments Co. Ltd. lifted its stake in Kinder Morgan, Inc. (NYSE:KMI) by 5.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 317,626 shares of the pipeline company’s stock after buying an additional 17,039 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Kinder Morgan were worth $8,732,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Board of the Pension Protection Fund purchased a new stake in shares of Kinder Morgan in the fourth quarter worth about $27,000. Dorato Capital Management purchased a new position in Kinder Morgan in the fourth quarter valued at about $30,000. Strategic Advocates LLC purchased a new position in Kinder Morgan in the third quarter valued at about $32,000. Lodestone Wealth Management LLC purchased a new position in Kinder Morgan in the fourth quarter valued at about $33,000. Finally, Private Wealth Management Group LLC boosted its holdings 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 valued at $35,000 after purchasing an additional 595 shares during the last quarter. Hedge funds and other institutional investors own 62.52% of the company’s stock.

Kinder Morgan Trading Up 0.0%

Shares of NYSE KMI opened at $32.03 on Monday. The stock’s 50 day moving average price is $32.89 and its two-hundred day moving average price is $29.38. Kinder Morgan, Inc. has a 52-week low of $25.42 and a 52-week high of $34.73. The stock has a market capitalization of $71.25 billion, a P/E ratio of 23.38, a PEG ratio of 2.92 and a beta of 0.64. The company has a quick ratio of 0.50, a current ratio of 0.64 and a debt-to-equity ratio of 0.95.

Kinder Morgan (NYSE:KMI) last announced its quarterly earnings data on Wednesday, January 21st. The pipeline company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.02. Kinder Morgan had a return on equity of 9.02% and a net margin of 18.04%.The firm had revenue of $4.51 billion for the quarter, compared to analysts’ expectations of $4.33 billion. During the same quarter in the prior year, the firm posted $0.30 earnings per share. Kinder Morgan’s revenue for the quarter was up 13.1% compared to the same quarter last year. On average, analysts anticipate that Kinder Morgan, Inc. will post 1.25 earnings per share for the current fiscal year.

Kinder Morgan Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.2925 per share. The ex-dividend date was Monday, February 2nd. This represents a $1.17 annualized dividend and a yield of 3.7%. Kinder Morgan’s dividend payout ratio is presently 85.40%.

More Kinder Morgan News

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

• Positive Sentiment: U.S. Department of Energy approved expanded LNG export volumes for Kinder Morgan’s Elba Island terminal — this raises the company’s potential long‑term cash flows from LNG exports and improves the growth/valuation story for an otherwise mostly stable midstream business. DOE approval raises valuation questions
• Positive Sentiment: An institutional investor (Baxter Bros Inc.) increased its stake by 21,840 shares in Q4 — institutional buying can signal conviction and provide a bid under the stock. Baxter Bros purchase
• Positive Sentiment: Analyst/outlet support: media pieces (The Motley Fool, Seeking Alpha) highlight KMI as an attractive dividend/midstream name and preview its dividend hike streak — this reinforces income‑investor demand. Motley Fool pick Dividend preview
• Neutral Sentiment: Market attention is elevated — Zacks/Yahoo note heavy search and interest in KMI, which can increase intraday volume and volatility without changing fundamentals. Investor search interest
• Neutral Sentiment: Q1 earnings and webcast scheduled — Wall Street estimates and metric previews are circulating; results or guidance could move the stock more than the background news. Q1 estimates preview Earnings webcast
• Negative Sentiment: KMI VP Michael P. Garthwaite sold 1,550 shares under a pre‑arranged 10b5‑1 plan (3.34% reduction in his holdings) — insider selling can be viewed negatively by some investors, though the trade was executed under a rule‑based plan which mutes the signal. SEC Form 4

Analyst Ratings Changes

A number of research analysts recently commented on KMI shares. Freedom Capital raised Kinder Morgan from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 28th. Mizuho increased their price target on Kinder Morgan from $31.00 to $37.00 and gave the company an “outperform” rating in a report on Thursday, March 5th. Stifel Nicolaus increased their price target on Kinder Morgan from $30.00 to $33.00 and gave the company a “hold” rating in a report on Friday, March 13th. Wells Fargo & Company increased their price target on Kinder Morgan from $34.00 to $35.00 and gave the company an “overweight” rating in a report on Friday, March 13th. Finally, Morgan Stanley upped their price objective on Kinder Morgan from $34.00 to $36.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 3rd. Eight equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Kinder Morgan has an average rating of “Hold” and a consensus target price of $34.33.

Insider Activity

In other Kinder Morgan news, VP Anthony B. Ashley sold 8,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $31.95, for a total transaction of $255,600.00. Following the sale, the vice president owned 100,146 shares in the company, valued at $3,199,664.70. This represents a 7.40% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Michael P. Garthwaite sold 1,550 shares of the stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $31.72, for a total value of $49,166.00. Following the sale, the vice president owned 44,843 shares in the company, valued at $1,422,419.96. The trade was a 3.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 49,598 shares of company stock valued at $1,552,572 over the last three months. Company insiders own 12.72% of the company’s stock.

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.