Kinder Morgan, Inc. $KMI Shares Sold by Calamos Advisors LLC

Calamos Advisors LLC trimmed its holdings in Kinder Morgan, Inc. (NYSE:KMIFree Report) by 3.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 492,722 shares of the pipeline company’s stock after selling 18,615 shares during the period. Calamos Advisors LLC’s holdings in Kinder Morgan were worth $13,545,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Obermeyer Wealth Partners raised its holdings in shares of Kinder Morgan by 26.6% in the 4th quarter. Obermeyer Wealth Partners now owns 10,005 shares of the pipeline company’s stock worth $275,000 after purchasing an additional 2,104 shares during the period. Dupree Financial Group LLC acquired a new stake in Kinder Morgan during the 4th quarter valued at approximately $5,477,000. Segment Wealth Management LLC grew its stake in Kinder Morgan by 1.3% during the 4th quarter. Segment Wealth Management LLC now owns 39,227 shares of the pipeline company’s stock valued at $1,078,000 after purchasing an additional 497 shares in the last quarter. Lebenthal Global Advisors LLC grew its stake in Kinder Morgan by 22.4% during the 4th quarter. Lebenthal Global Advisors LLC now owns 40,653 shares of the pipeline company’s stock valued at $1,118,000 after purchasing an additional 7,443 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in shares of Kinder Morgan by 3.4% in the 4th quarter. Geneos Wealth Management Inc. now owns 352,380 shares of the pipeline company’s stock valued at $9,687,000 after acquiring an additional 11,733 shares during the last quarter. 62.52% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on KMI shares. Barclays restated an “overweight” rating on shares of Kinder Morgan in a research report on Friday, February 20th. Citigroup boosted their price target on Kinder Morgan from $28.00 to $33.00 and gave the stock a “neutral” rating in a research report on Monday, March 30th. TD Cowen boosted their price objective on Kinder Morgan from $34.00 to $35.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Royal Bank Of Canada upped their price objective on Kinder Morgan from $32.00 to $35.00 and gave the company a “sector perform” rating in a report on Monday, March 30th. Finally, Truist Financial initiated coverage on Kinder Morgan in a research report on Tuesday, March 24th. They set a “hold” rating and a $38.00 target price on the stock. Seven equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $34.20.

Read Our Latest Analysis on KMI

Kinder Morgan Stock Performance

KMI opened at $31.72 on Friday. The company has a market cap of $70.58 billion, a PE ratio of 21.29, a price-to-earnings-growth ratio of 2.85 and a beta of 0.64. The stock has a 50-day moving average of $32.91 and a 200-day moving average of $29.50. Kinder Morgan, Inc. has a 52-week low of $25.60 and a 52-week high of $34.73. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.50 and a current ratio of 0.52.

Kinder Morgan (NYSE:KMIGet Free Report) last released its quarterly earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.10. Kinder Morgan had a return on equity of 9.90% and a net margin of 18.92%.The company had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.55 billion. During the same quarter in the prior year, the company posted $0.34 EPS. The firm’s revenue was up 13.8% on a year-over-year basis. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. As a group, equities research analysts forecast that Kinder Morgan, Inc. will post 1.42 earnings per share for the current fiscal year.

Kinder Morgan Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Monday, May 4th will be issued a $0.2975 dividend. This represents a $1.19 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Monday, May 4th. This is a boost from Kinder Morgan’s previous quarterly dividend of $0.29. Kinder Morgan’s payout ratio is currently 79.87%.

Trending Headlines about Kinder Morgan

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Insider Buying and Selling

In other news, VP Anthony B. Ashley sold 8,000 shares of the stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $31.95, for a total value of $255,600.00. Following the completion of the transaction, the vice president directly owned 100,146 shares of the company’s stock, valued at approximately $3,199,664.70. This represents a 7.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP John W. Schlosser sold 6,166 shares of the stock in a transaction that occurred on Thursday, March 5th. The stock was sold at an average price of $33.67, for a total value of $207,609.22. Following the sale, the vice president owned 188,872 shares in the company, valued at approximately $6,359,320.24. This trade represents a 3.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 29,598 shares of company stock valued at $952,572. 12.72% of the stock is currently owned by corporate insiders.

Kinder Morgan Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Kinder Morgan (NYSE:KMI)

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