Kinder Morgan (NYSE:KMI) Given New $32.00 Price Target at Scotiabank

Kinder Morgan (NYSE:KMI) had its target price increased by Scotiabank from $31.00 to $32.00 in a research note published on Thursday morning,Benzinga reports. The firm currently has a sector perform rating on the pipeline company’s stock.

Other equities research analysts have also issued reports about the company. Royal Bank Of Canada upped their price objective on Kinder Morgan from $30.00 to $32.00 and gave the stock a “sector perform” rating in a research note on Friday, February 27th. Freedom Capital raised Kinder Morgan from a “strong sell” rating to a “hold” rating in a report on Wednesday, January 28th. TD Cowen upped their price target on Kinder Morgan from $34.00 to $35.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Mizuho raised their price objective on Kinder Morgan from $31.00 to $37.00 and gave the stock an “outperform” rating in a research note on Thursday, March 5th. Finally, Barclays reaffirmed an “overweight” rating on shares of Kinder Morgan in a research report on Friday, February 20th. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $34.21.

Kinder Morgan Stock Performance

Shares of NYSE KMI opened at $34.09 on Thursday. Kinder Morgan has a 12-month low of $23.94 and a 12-month high of $34.40. The firm has a market capitalization of $75.85 billion, a price-to-earnings ratio of 24.88, a price-to-earnings-growth ratio of 3.11 and a beta of 0.68. The company has a current ratio of 0.64, a quick ratio of 0.50 and a debt-to-equity ratio of 0.95. The firm has a 50 day moving average of $31.84 and a 200 day moving average of $28.78.

Kinder Morgan (NYSE:KMI) last released its quarterly earnings results on Wednesday, January 21st. The pipeline company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.02. The business 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. On average, research analysts anticipate that Kinder Morgan will post 1.25 earnings per share for the current year.

Kinder Morgan Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 2nd were paid a dividend of $0.2925 per share. This represents a $1.17 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Monday, February 2nd. Kinder Morgan’s dividend payout ratio (DPR) is presently 85.40%.

Insider Buying and Selling

In related news, CFO David Patrick Michels sold 20,000 shares of the business’s stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $30.00, for a total value of $600,000.00. Following the sale, the chief financial officer directly owned 139,428 shares in the company, valued at approximately $4,182,840. The trade was a 12.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director William A. Smith purchased 3,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were purchased at an average cost of $29.75 per share, with a total value of $89,250.00. Following the completion of the purchase, the director owned 31,087 shares of the company’s stock, valued at $924,838.25. The trade was a 10.68% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 48,048 shares of company stock worth $1,469,863 in the last 90 days. 12.73% of the stock is owned by company insiders.

Institutional Trading of Kinder Morgan

Several hedge funds have recently modified their holdings of KMI. Board of the Pension Protection Fund purchased a new position in shares of Kinder Morgan in the fourth quarter valued at $27,000. Commonwealth Retirement Investments LLC purchased a new stake in shares of Kinder Morgan in the fourth quarter worth approximately $27,000. Acumen Wealth Advisors LLC bought a new stake in shares of Kinder Morgan during the 4th quarter worth approximately $28,000. Dorato Capital Management purchased a new position in Kinder Morgan during the 4th quarter valued at $30,000. Finally, Basepoint Wealth LLC purchased a new position in Kinder Morgan during the 4th quarter valued at $30,000. 62.52% of the stock is owned by hedge funds and other institutional investors.

Kinder Morgan News Summary

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

• Positive Sentiment: Jefferies raised its price target to $36, signaling confidence that KMI’s fundamentals and cash-flow outlook support a higher valuation. Read More.
• Positive Sentiment: US Capital Advisors raised its FY2028 EPS forecast (analyst note cited a $1.40 EPS view vs. prior consensus of $1.25), implying upside to future earnings expectations. Read More.
• Positive Sentiment: Kinder Morgan and Phillips 66 extended the second open season for remaining Western Gateway pipeline capacity — a constructive operational development that supports future fee-based revenue. Read More.
• Positive Sentiment: The stock recently hit a 52-week high, reflecting strong investor demand and positive momentum heading into earnings. Read More.
• Neutral Sentiment: Pre-earnings coverage and previews suggest analysts expect modest, single-digit profit growth in Q1 — this sets a moderate bar for KMI’s report and frames market reaction to the results. Read More.
• Neutral Sentiment: Truist initiated coverage with a hold/sector-perform-type stance — coverage increases visibility but the neutral rating limits immediate upside from that action. Read More.
• Neutral Sentiment: Several media/analyst pieces note KMI’s appeal as a dividend-paying, stable energy infrastructure name; helpful for income investors but not a near-term catalyst. Read More.
• Negative Sentiment: Scotiabank raised its target to $32 but kept a “sector perform” stance; the $32 target sits below the current market price, implying limited upside and potential downside risk if momentum fades. 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.