Resona Asset Management Co. Ltd. Sells 26,162 Shares of Kinder Morgan, Inc. $KMI

Resona Asset Management Co. Ltd. cut its stake in Kinder Morgan, Inc. (NYSE:KMI) by 4.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 626,956 shares of the pipeline company’s stock after selling 26,162 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Kinder Morgan were worth $17,755,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in KMI. Davis Capital Management acquired a new position in Kinder Morgan in the third quarter valued at approximately $1,426,000. Carnegie Investment Counsel increased its stake in shares of Kinder Morgan by 9.8% in the 3rd quarter. Carnegie Investment Counsel now owns 755,295 shares of the pipeline company’s stock valued at $21,382,000 after acquiring an additional 67,274 shares in the last quarter. Vise Technologies Inc. bought a new stake in shares of Kinder Morgan in the 2nd quarter valued at $1,713,000. Westwood Holdings Group Inc. lifted its position in shares of Kinder Morgan by 9.6% during the 2nd quarter. Westwood Holdings Group Inc. now owns 7,058,772 shares of the pipeline company’s stock valued at $207,528,000 after acquiring an additional 616,679 shares during the period. Finally, Nordea Investment Management AB boosted its stake in Kinder Morgan by 9.9% during the second quarter. Nordea Investment Management AB now owns 145,988 shares of the pipeline company’s stock worth $4,270,000 after acquiring an additional 13,150 shares in the last quarter. Institutional investors and hedge funds own 62.52% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. Morgan Stanley set a $35.00 price target on shares of Kinder Morgan in a research note on Thursday. Jefferies Financial Group boosted their target price on Kinder Morgan from $29.00 to $31.00 and gave the company a “hold” rating in a research report on Thursday. Royal Bank Of Canada upped their price target on Kinder Morgan from $28.00 to $30.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 13th. UBS Group reissued a “buy” rating and issued a $38.00 price objective on shares of Kinder Morgan in a research note on Friday, December 12th. Finally, Mizuho decreased their price objective on Kinder Morgan from $32.00 to $31.00 and set an “outperform” rating for the company in a report on Friday, November 14th. Eight analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Kinder Morgan currently has a consensus rating of “Moderate Buy” and an average target price of $32.07.

Kinder Morgan News Roundup

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

• Positive Sentiment: Record Q4 and full‑year results — KMI reported higher revenue and EPS that beat consensus, with strong Natural Gas Pipelines contributions and a larger backlog that helped drive a jump in net income. Kinder Morgan Posts Record Earnings
• Positive Sentiment: Structural LNG tailwinds/backlog — management cites rising LNG feed‑gas demand and a >$10B project backlog that should underpin multi‑year cash flow and project EBITDA as new projects come online. LNG feed gas demand & backlog
• Positive Sentiment: Dividend and capital returns — KMI declared the quarterly dividend (maintains a ~4% yield) and reiterated capital allocation that supports distributions while funding growth projects.
• Positive Sentiment: Insiders and buying signals — recent insider purchases (including Amy W. Chronis and others) and elevated call‑option activity signal some bullish conviction from traders. Amy Chronis purchase
• Neutral Sentiment: Asset sale — KMI sold its Eagle Ford JV stake for ~$396M to BPX, which raises near‑term cash and simplifies upstream exposure; impact on long‑term earnings depends on redeployment. Eagle Ford sale
• Neutral Sentiment: Analyst/price target moves — modest target increases and “sector perform” notes (e.g., Scotiabank) reflect cautious optimism but limited near‑term upside. Price target update
• Negative Sentiment: Cautious guidance — management issued relatively conservative near‑term guidance despite the strong quarter, which can cap investor enthusiasm for an immediate rerating. MarketBeat: cautious guidance
• Negative Sentiment: Mixed insider activity — while some insiders bought, Quiver/filings show multiple executive share sales in recent months, which can be read as profit‑taking by some market participants. Quiver insider activity

Kinder Morgan Price Performance

KMI opened at $29.58 on Monday. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.64 and a quick ratio of 0.49. The company has a market capitalization of $65.80 billion, a price-to-earnings ratio of 21.59, a P/E/G ratio of 2.40 and a beta of 0.69. The firm’s fifty day moving average price is $27.27 and its two-hundred day moving average price is $27.22. Kinder Morgan, Inc. has a 1 year low of $23.94 and a 1 year high of $30.56.

Kinder Morgan (NYSE:KMI) last announced its earnings results on Wednesday, January 21st. The pipeline company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.37 by $0.02. Kinder Morgan had a net margin of 18.04% and a return on equity of 9.02%. The company had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.33 billion. During the same quarter in the prior year, the company posted $0.30 earnings per share. The firm’s revenue for the quarter was up 13.1% on a year-over-year basis. As a group, 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 announced a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Monday, February 2nd will be given a dividend of $0.2925 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $1.17 annualized dividend and a dividend yield of 4.0%. Kinder Morgan’s dividend payout ratio (DPR) is currently 85.40%.

Insider Buying and Selling

In other news, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $27.49, for a total value of $169,503.34. Following the transaction, the vice president owned 201,204 shares in the company, valued at $5,531,097.96. The trade was a 2.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Amy W. Chronis bought 3,800 shares of Kinder Morgan stock in a transaction dated Friday, October 31st. The stock was acquired at an average cost of $26.23 per share, with a total value of $99,674.00. Following the completion of the acquisition, the director owned 39,051 shares of the company’s stock, valued at $1,024,307.73. This represents a 10.78% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold a total of 18,498 shares of company stock worth $507,462 in the last 90 days. Company insiders own 12.73% of the company’s stock.

Kinder Morgan Company 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.