Landscape Capital Management L.L.C. Has $4.90 Million Stake in Kinder Morgan, Inc. $KMI

Landscape Capital Management L.L.C. boosted its position in shares of Kinder Morgan, Inc. (NYSE:KMI) by 774.4% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 178,288 shares of the pipeline company’s stock after purchasing an additional 157,899 shares during the period. Landscape Capital Management L.L.C.’s holdings in Kinder Morgan were worth $4,901,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Board of the Pension Protection Fund acquired a new stake in Kinder Morgan during the fourth quarter worth about $27,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of Kinder Morgan in the 4th quarter valued at approximately $27,000. Acumen Wealth Advisors LLC acquired a new stake in shares of Kinder Morgan in the 4th quarter valued at approximately $28,000. Dorato Capital Management acquired a new stake in shares of Kinder Morgan in the 4th quarter valued at approximately $30,000. Finally, Basepoint Wealth LLC acquired a new stake in shares of Kinder Morgan in the 4th quarter valued at approximately $30,000. 62.52% of the stock is currently owned by institutional investors and hedge funds.

Kinder Morgan Stock Up 1.6%

NYSE:KMI opened at $31.87 on Friday. The firm’s 50 day simple moving average is $32.28 and its 200 day simple moving average is $30.75. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.52 and a quick ratio of 0.41. Kinder Morgan, Inc. has a one year low of $25.60 and a one year high of $34.81. The company has a market cap of $70.91 billion, a PE ratio of 21.39, a P/E/G ratio of 2.66 and a beta of 0.54.

Kinder Morgan (NYSE:KMI) last posted its earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.38 by $0.10. Kinder Morgan had a net margin of 18.92% and a return on equity of 9.90%. The business had revenue of $4.83 billion for the quarter, compared to the consensus estimate of $4.55 billion. During the same period last year, the company earned $0.34 EPS. The firm’s revenue was up 13.8% compared to the same quarter last year. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. On average, research analysts anticipate that Kinder Morgan, Inc. will post 1.49 earnings per share for the current year.

Kinder Morgan Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 4th were issued a dividend of $0.2975 per share. This represents a $1.19 annualized dividend and a yield of 3.7%. The ex-dividend date was Monday, May 4th. This is a positive change from Kinder Morgan’s previous quarterly dividend of $0.29. Kinder Morgan’s dividend payout ratio (DPR) is 79.87%.

Insider Activity at Kinder Morgan

In related news, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $32.93, for a total transaction of $203,046.38. Following the transaction, the vice president owned 182,706 shares in the company, valued at $6,016,508.58. The trade was a 3.26% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael P. Garthwaite sold 1,550 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $33.65, for a total transaction of $52,157.50. Following the transaction, the vice president owned 43,293 shares in the company, valued at $1,456,809.45. The trade was a 3.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 23,148 shares of company stock valued at $752,089. Company insiders own 12.72% of the company’s stock.

Wall Street Analysts Forecast Growth

KMI has been the topic of a number of research analyst reports. Morgan Stanley raised their price target on shares of Kinder Morgan from $34.00 to $36.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 3rd. Stifel Nicolaus raised their price target on shares of Kinder Morgan from $30.00 to $33.00 and gave the company a “hold” rating in a research note on Friday, March 13th. Wells Fargo & Company raised their price objective on Kinder Morgan from $34.00 to $35.00 and gave the company an “overweight” rating in a report on Friday, March 13th. The Goldman Sachs Group restated a “buy” rating on shares of Kinder Morgan in a research report on Wednesday. Finally, Barclays restated an “overweight” rating on shares of Kinder Morgan in a research report on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $34.20.

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.