Kinder Morgan (NYSE:KMI) Rating Lowered to “Hold” at Wolfe Research

Kinder Morgan (NYSE:KMI) was downgraded by equities researchers at Wolfe Research from a “strong-buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

A number of other brokerages also recently weighed in on KMI. Barclays reaffirmed an “overweight” rating on shares of Kinder Morgan in a report on Friday, February 20th. TD Cowen raised their target price on Kinder Morgan from $34.00 to $35.00 and gave the company a “buy” rating in a report on Thursday, January 22nd. Truist Financial assumed coverage on Kinder Morgan in a report on Tuesday, March 24th. They issued a “hold” rating and a $38.00 target price on the stock. Freedom Capital raised Kinder Morgan from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 28th. Finally, Royal Bank Of Canada raised their target price on Kinder Morgan from $32.00 to $35.00 and gave the company a “sector perform” rating in a report on Monday, March 30th. Seven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $34.33.

Kinder Morgan Trading Up 1.0%

Shares of NYSE:KMI opened at $31.89 on Tuesday. The business’s 50 day simple moving average is $32.92 and its 200 day simple moving average is $29.44. The company has a market capitalization of $70.94 billion, a P/E ratio of 23.28, a P/E/G ratio of 2.87 and a beta of 0.64. Kinder Morgan has a 1 year low of $25.60 and a 1 year high of $34.73. 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 issued its earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.10. The firm had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.55 billion. Kinder Morgan had a return on equity of 9.02% and a net margin of 18.04%.The company’s revenue was up 13.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.34 EPS. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. On average, research analysts anticipate that Kinder Morgan will post 1.4 EPS for the current fiscal year.

Insider Transactions at Kinder Morgan

In related news, VP John W. Schlosser sold 6,166 shares of the firm’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $32.93, for a total transaction of $203,046.38. Following the sale, the vice president owned 182,706 shares of the company’s stock, valued at $6,016,508.58. This trade represents a 3.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director William A. Smith acquired 3,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were purchased at an average cost of $29.75 per share, for a total transaction of $89,250.00. Following the acquisition, the director owned 31,087 shares in the company, valued at $924,838.25. This represents a 10.68% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last 90 days, insiders sold 29,598 shares of company stock worth $952,572. Insiders own 12.72% of the company’s stock.

Institutional Investors Weigh In On Kinder Morgan

Several hedge funds have recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of Kinder Morgan by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 210,281,448 shares of the pipeline company’s stock valued at $5,780,637,000 after acquiring an additional 2,165,130 shares in the last quarter. State Street Corp increased its stake in shares of Kinder Morgan by 2.2% in the fourth quarter. State Street Corp now owns 116,860,317 shares of the pipeline company’s stock valued at $3,212,490,000 after buying an additional 2,510,601 shares during the period. Norges Bank acquired a new stake in shares of Kinder Morgan in the fourth quarter valued at about $1,132,125,000. Charles Schwab Investment Management Inc. increased its stake in shares of Kinder Morgan by 0.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 30,104,829 shares of the pipeline company’s stock valued at $827,582,000 after buying an additional 195,088 shares during the period. Finally, Orbis Allan Gray Ltd increased its stake in shares of Kinder Morgan by 3.1% in 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. Institutional investors and hedge funds own 62.52% of the company’s stock.

Trending Headlines about Kinder Morgan

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

• Positive Sentiment: Q1 beat — Kinder Morgan reported adjusted EPS of $0.48 vs. consensus $0.38 and revenue of $4.83B, up 13.8% Y/Y, driven by stronger throughput and fee-based revenue; the print is a clear earnings catalyst. Pipeline operator Kinder Morgan beats first-quarter profit estimates
• Positive Sentiment: Higher volumes — Natural gas sales/transport volumes rose materially (reports indicate nearly a 50% Y/Y increase), supporting margin expansion and cash flow. Kinder Morgan in charts: Natural gas sales volume rises almost 50% Y/Y
• Positive Sentiment: Dividend maintained/increased cash return — Board approved a $0.2975 quarterly cash dividend (annualized $1.19), supporting KMI’s income profile attractive to yield-focused investors. Kinder Morgan Reports First Quarter 2026 Financial Results
• Positive Sentiment: Pipeline growth opportunity — Kinder Morgan and Phillips 66 advanced the Western Gateway refined-products pipeline (Gulf Coast-to-California) after a successful open season, improving future revenue visibility from refined-product transport. Phillips 66 and Kinder Morgan advance Western Gateway refined products pipeline project
• Positive Sentiment: Insider buying — Reports of meaningful insider purchases in recent periods add a modest confidence signal from management/insiders. Kinder Morgan Insiders Added US$26.2m Of Stock To Their Holdings
• Negative Sentiment: Guidance slightly below Street — KMI set FY‑2026 EPS guidance at $1.360, modestly under the consensus ~ $1.39, which could cap upside given investors’ expectations for steady distribution growth. Kinder Morgan Reports First Quarter 2026 Financial Results
• Negative Sentiment: Analyst downgrade — Wolfe Research cut KMI from “strong-buy” to “hold,” which may pressure near-term sentiment despite the quarter’s strength. Wolfe Research downgrades Kinder Morgan

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.