Van Hulzen Asset Management LLC Buys 25,525 Shares of Kinder Morgan, Inc. $KMI

Van Hulzen Asset Management LLC lifted its stake in shares of Kinder Morgan, Inc. (NYSE:KMI) by 10.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 277,516 shares of the pipeline company’s stock after acquiring an additional 25,525 shares during the quarter. Van Hulzen Asset Management LLC’s holdings in Kinder Morgan were worth $8,872,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of KMI. Evolution Wealth Management Inc. increased its holdings in Kinder Morgan by 4,166.7% during the second quarter. Evolution Wealth Management Inc. now owns 768 shares of the pipeline company’s stock valued at $25,000 after buying an additional 750 shares during the period. Transamerica Financial Advisors LLC raised its position in shares of Kinder Morgan by 72.9% in the 2nd quarter. Transamerica Financial Advisors LLC now owns 778 shares of the pipeline company’s stock worth $25,000 after acquiring an additional 328 shares in the last quarter. Commonwealth Retirement Investments LLC purchased a new stake in shares of Kinder Morgan during the 4th quarter worth $27,000. Frazier Financial Advisors LLC purchased a new position in Kinder Morgan in the first quarter valued at about $28,000. Finally, Acumen Wealth Advisors LLC bought a new position in Kinder Morgan in the fourth quarter worth about $28,000. 62.52% of the stock is currently owned by hedge funds and other institutional investors.

Kinder Morgan Stock Down 1.7%

NYSE:KMI opened at $31.45 on Thursday. The company’s fifty day moving average price is $31.93 and its 200-day moving average price is $32.35. Kinder Morgan, Inc. has a 1-year low of $25.60 and a 1-year high of $34.81. The firm has a market capitalization of $70.03 billion, a P/E ratio of 20.16, a PEG ratio of 2.26 and a beta of 0.56. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.46 and a quick ratio of 0.36.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings data on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The company had revenue of $4.48 billion during the quarter, compared to analysts’ expectations of $4.22 billion. During the same period in the prior year, the business posted $0.28 earnings per share. The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. As a group, equities research analysts anticipate that Kinder Morgan, Inc. will post 1.55 EPS for the current year.

Kinder Morgan Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 3rd were paid a $0.2975 dividend. This represents a $1.19 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, August 3rd. Kinder Morgan’s dividend payout ratio (DPR) is currently 76.28%.

Insider Activity

In other Kinder Morgan news, VP John Schlosser sold 6,166 shares of the stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $31.90, for a total value of $196,695.40. Following the completion of the sale, the vice president owned 164,208 shares in the company, valued at approximately $5,238,235.20. This represents a 3.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Michael Garthwaite sold 1,550 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $31.44, for a total value of $48,732.00. Following the transaction, the vice president owned 41,743 shares in the company, valued at approximately $1,312,399.92. This represents a 3.58% decrease in their ownership of the stock. 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. 12.72% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on KMI shares. UBS Group reaffirmed a “buy” rating and issued a $43.00 price target on shares of Kinder Morgan in a report on Monday, June 15th. Citigroup reissued a “neutral” rating on shares of Kinder Morgan in a report on Wednesday, July 29th. Zacks Research downgraded shares of Kinder Morgan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Wells Fargo & Company lifted their price objective on shares of Kinder Morgan from $35.00 to $36.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. Finally, Morgan Stanley set a $38.00 target price on Kinder Morgan in a research report on Wednesday, July 29th. Eight equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, Kinder Morgan presently has an average rating of “Hold” and a consensus price target of $35.67.

About Kinder Morgan

Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and storage facilities across North America. Its assets transport and store natural gas, crude oil, refined petroleum products, renewable fuels, and carbon dioxide.

The company’s natural gas business supports gathering, processing, transportation, and storage, while its products pipeline network serves refineries, airports, utilities, and other industrial customers. Kinder Morgan also operates bulk and liquids terminals that handle energy products and other commodities, along with carbon dioxide infrastructure used in enhanced oil recovery and related applications.

Founded in 1997, Kinder Morgan has expanded through acquisitions and the development of energy infrastructure in the United States and Canada.