Rollins Financial Advisors LLC Has $4.49 Million Holdings in Kinder Morgan, Inc. $KMI

Rollins Financial Advisors LLC lessened its stake in Kinder Morgan, Inc. (NYSE:KMI) by 9.7% in the fourth quarter, Holdings Channel reports. The firm owned 163,320 shares of the pipeline company’s stock after selling 17,511 shares during the quarter. Rollins Financial Advisors LLC’s holdings in Kinder Morgan were worth $4,490,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Board of the Pension Protection Fund acquired a new position in Kinder Morgan in the fourth quarter valued at about $27,000. Dorato Capital Management acquired a new position in Kinder Morgan in the fourth quarter valued at about $30,000. Strategic Advocates LLC acquired a new position in Kinder Morgan in the third quarter valued at about $32,000. Torren Management LLC acquired a new position in Kinder Morgan in the fourth quarter valued at about $32,000. Finally, Lodestone Wealth Management LLC acquired a new position in Kinder Morgan in the fourth quarter valued at about $33,000. Institutional investors and hedge funds own 62.52% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently commented on KMI shares. Scotiabank boosted their price target on Kinder Morgan from $31.00 to $32.00 and gave the company a “sector perform” rating in a research note on Thursday, March 26th. TD Cowen boosted their price target on Kinder Morgan from $34.00 to $35.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Wells Fargo & Company boosted their price target on Kinder Morgan from $34.00 to $35.00 and gave the company an “overweight” rating in a research note on Friday, March 13th. Royal Bank Of Canada boosted their price target on Kinder Morgan from $32.00 to $35.00 and gave the company a “sector perform” rating in a research note on Monday, March 30th. Finally, Zacks Research upgraded Kinder Morgan from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $34.20.

Kinder Morgan Stock Performance

Kinder Morgan stock opened at $32.45 on Wednesday. Kinder Morgan, Inc. has a 12-month low of $25.60 and a 12-month high of $34.73. The company has a quick ratio of 0.41, a current ratio of 0.52 and a debt-to-equity ratio of 0.92. The business’s 50-day moving average price is $32.76 and its two-hundred day moving average price is $29.82. The stock has a market cap of $72.20 billion, a PE ratio of 21.78, a P/E/G ratio of 2.76 and a beta of 0.56.

Kinder Morgan (NYSE:KMI) last released its earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.10. Kinder Morgan had a return on equity of 9.90% and a net margin of 18.92%.The firm had revenue of $4.83 billion for the quarter, compared to analysts’ expectations of $4.55 billion. During the same quarter in the previous year, the business posted $0.34 earnings per share. The business’s revenue for the quarter 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, analysts expect that Kinder Morgan, Inc. will post 1.49 earnings per share for the current fiscal year.

Kinder Morgan Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Monday, May 4th will be given a $0.2975 dividend. This is a boost from Kinder Morgan’s previous quarterly dividend of $0.29. This represents a $1.19 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Monday, May 4th. Kinder Morgan’s dividend payout ratio (DPR) is presently 79.87%.

Insider Buying and Selling at Kinder Morgan

In other Kinder Morgan news, VP Anthony B. Ashley sold 8,000 shares of Kinder Morgan stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $31.95, for a total value of $255,600.00. Following the transaction, the vice president owned 100,146 shares in the company, valued at $3,199,664.70. The trade was a 7.40% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction dated 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. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 29,598 shares of company stock worth $966,877 over the last 90 days. Insiders own 12.72% of the company’s stock.

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.