Signal Advisors Wealth LLC Takes Position in Kinder Morgan, Inc. $KMI

Signal Advisors Wealth LLC acquired a new position in shares of Kinder Morgan, Inc. (NYSE:KMI) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 20,019 shares of the pipeline company’s stock, valued at approximately $671,000.

Other hedge funds have also added to or reduced their stakes in the company. Community Bank & Trust Waco Texas grew its stake in Kinder Morgan by 9.5% during the first quarter. Community Bank & Trust Waco Texas now owns 75,194 shares of the pipeline company’s stock valued at $2,521,000 after acquiring an additional 6,520 shares in the last quarter. SVB Wealth LLC lifted its stake in Kinder Morgan by 16.4% in the 1st quarter. SVB Wealth LLC now owns 222,544 shares of the pipeline company’s stock worth $7,462,000 after purchasing an additional 31,307 shares in the last quarter. Outlook Wealth Advisors LLC boosted its holdings in Kinder Morgan by 3.1% in the 1st quarter. Outlook Wealth Advisors LLC now owns 12,389 shares of the pipeline company’s stock valued at $415,000 after purchasing an additional 370 shares during the period. Sweeney & Michel LLC boosted its holdings in Kinder Morgan by 1.3% in the 1st quarter. Sweeney & Michel LLC now owns 99,863 shares of the pipeline company’s stock valued at $3,203,000 after purchasing an additional 1,250 shares during the period. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO grew its position in shares of Kinder Morgan by 11.9% during the 1st quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 58,047 shares of the pipeline company’s stock valued at $1,946,000 after purchasing an additional 6,193 shares in the last quarter. Hedge funds and other institutional investors own 62.52% of the company’s stock.

Insiders Place Their Bets

In related news, VP John W. Schlosser sold 6,166 shares of Kinder Morgan stock in a transaction on Friday, June 5th. The shares were sold at an average price of $31.83, for a total value of $196,263.78. Following the transaction, the vice president owned 170,374 shares in the company, valued at $5,423,004.42. This trade represents a 3.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $31.44, for a total transaction of $48,732.00. Following the sale, the vice president owned 41,743 shares of the company’s stock, valued at approximately $1,312,399.92. The trade was a 3.58% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 23,148 shares of company stock valued at $749,206 in the last ninety days. 12.72% of the stock is owned by corporate insiders.

Kinder Morgan Price Performance

Shares of Kinder Morgan stock opened at $32.60 on Thursday. The company has a current ratio of 0.52, a quick ratio of 0.41 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $72.54 billion, a PE ratio of 21.88, a price-to-earnings-growth ratio of 2.71 and a beta of 0.54. The business’s 50-day moving average price is $32.11 and its 200-day moving average price is $31.04. Kinder Morgan, Inc. has a 12 month low of $25.60 and a 12 month high of $34.81.

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

Kinder Morgan Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Monday, May 4th were issued a $0.2975 dividend. This represents a $1.19 dividend on an annualized basis and a dividend yield of 3.6%. 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 presently 79.87%.

Analyst Ratings Changes

A number of analysts have recently issued reports on KMI shares. UBS Group reiterated a “buy” rating and set a $43.00 price target on shares of Kinder Morgan in a research report on Monday, June 15th. Zacks Research upgraded shares of Kinder Morgan from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 28th. Morgan Stanley lifted their target price on shares of Kinder Morgan from $34.00 to $36.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 3rd. The Goldman Sachs Group reissued a “buy” rating on shares of Kinder Morgan in a research note on Wednesday, June 10th. Finally, Wells Fargo & Company raised their price objective on shares of Kinder Morgan from $34.00 to $35.00 and gave the company an “overweight” rating in a research report on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $34.71.

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.