Kinder Morgan (NYSE:KMI) Upgraded at Freedom Broker

Freedom Broker upgraded shares of Kinder Morgan (NYSE:KMI) from a hold rating to a buy rating in a report published on Thursday morning, Marketbeat Ratings reports. They currently have $39.00 target price on the pipeline company’s stock, up from their prior target price of $34.00.

KMI has been the subject of several other research reports. Morgan Stanley set a $39.00 price objective on Kinder Morgan in a research report on Thursday. Citigroup restated a “neutral” rating and set a $34.00 target price (up from $33.00) on shares of Kinder Morgan in a report on Wednesday, July 29th. Weiss Ratings lowered Kinder Morgan from a “buy (b+)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Stifel Nicolaus began coverage on Kinder Morgan in a report on Wednesday, September 9th. They issued a “hold” rating and a $35.00 price target for the company. Finally, Mizuho lifted their price target on Kinder Morgan from $37.00 to $39.00 and gave the company an “outperform” rating in a report on Thursday. Twelve investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat.com, Kinder Morgan presently has an average rating of “Moderate Buy” and an average target price of $36.60.

Kinder Morgan Stock Performance

NYSE:KMI opened at $34.47 on Thursday. Kinder Morgan has a 1 year low of $25.60 and a 1 year high of $34.81. The firm has a 50 day moving average of $31.88 and a 200-day moving average of $32.05. The company has a current ratio of 0.67, a quick ratio of 0.36 and a debt-to-equity ratio of 0.95. The stock has a market capitalization of $76.77 billion, a P/E ratio of 21.28, a price-to-earnings-growth ratio of 2.36 and a beta of 0.59.

Kinder Morgan (NYSE:KMI) last announced its earnings results on Wednesday, October 21st. The pipeline company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.33 by $0.02. The business had revenue of $4.53 billion for the quarter, compared to the consensus estimate of $4.37 billion. Kinder Morgan had a return on equity of 10.84% and a net margin of 19.64%. Kinder Morgan’s revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.29 EPS. As a group, sell-side analysts anticipate that Kinder Morgan will post 1.60 EPS for the current fiscal year.

Kinder Morgan Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Investors of record on Monday, November 2nd will be given a $0.2975 dividend. This represents a $1.19 annualized dividend and a yield of 3.5%. The ex-dividend date is Monday, November 2nd. Kinder Morgan’s payout ratio is 73.46%.

Insider Transactions at Kinder Morgan

In other Kinder Morgan news, VP Michael Garthwaite sold 1,550 shares of the company’s stock in a transaction on Friday, October 16th. The stock was sold at an average price of $33.65, for a total transaction of $52,157.50. Following the transaction, the vice president owned 47,313 shares of the company’s stock, valued at approximately $1,592,082.45. This represents a 3.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 12.72% of the company’s stock.

Institutional Investors Weigh In On Kinder Morgan

A number of institutional investors and hedge funds have recently made changes to their positions in KMI. BlackRock Inc. boosted its holdings in Kinder Morgan by 1.1% in the second quarter. BlackRock Inc. now owns 175,834,246 shares of the pipeline company’s stock valued at $5,621,421,000 after acquiring an additional 1,875,143 shares during the last quarter. State Street Corp raised its holdings in Kinder Morgan by 4.3% during the 2nd quarter. State Street Corp now owns 130,863,419 shares of the pipeline company’s stock worth $4,183,704,000 after purchasing an additional 5,361,578 shares during the last quarter. Bank of America Corp DE lifted its position in Kinder Morgan by 1.4% during the 1st quarter. Bank of America Corp DE now owns 62,018,394 shares of the pipeline company’s stock valued at $2,079,477,000 after purchasing an additional 836,571 shares during the period. Dimensional Fund Advisors LP lifted its position in Kinder Morgan by 2.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 17,237,384 shares of the pipeline company’s stock valued at $577,998,000 after purchasing an additional 448,130 shares during the period. Finally, Amundi boosted its stake in shares of Kinder Morgan by 5.8% in the 1st quarter. Amundi now owns 15,130,700 shares of the pipeline company’s stock valued at $507,332,000 after purchasing an additional 831,125 shares during the last quarter. Institutional investors own 62.52% of the company’s stock.

Kinder Morgan News Roundup

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

• Positive Sentiment: Strong Q3 performance: Kinder Morgan reported $4.53 billion in revenue, up approximately 9% year over year, and adjusted EPS of $0.35 versus the $0.33 consensus estimate. Natural-gas volumes, record EBITDA and higher earnings supported investor confidence. Kinder Morgan Q3 earnings report
• Positive Sentiment: Major growth investments: KMI approved approximately $4.7 billion for the Southeast Connector and Permian Link natural-gas pipeline projects. The projects are expected to benefit from rising demand tied to data centers, power generation and LNG exports. The company also added $5.4 billion to its expansion backlog, bringing the total backlog to a record $14.4 billion. Kinder Morgan pipeline investment report
• Positive Sentiment: Analyst support and income: Freedom Broker upgraded KMI to “buy” with a $39 price target, while Mizuho raised its target to $39 and kept an “outperform” rating. Kinder Morgan also declared a quarterly dividend of $0.2975 per share, representing a 3.5% indicated yield. Kinder Morgan analyst price targets
• Neutral Sentiment: Mixed analyst view: Scotiabank initiated or reiterated a “hold” rating, indicating that the stock’s recent advance and valuation may already reflect much of the near-term improvement. Scotiabank Kinder Morgan rating
• Negative Sentiment: Lower earnings outlook: KMI’s updated FY 2026 adjusted EPS guidance of $1.36 is below the approximately $1.56 analyst consensus, creating a notable counterweight to the earnings beat and backlog expansion. Kinder Morgan 2026 earnings guidance

About Kinder Morgan

Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and other transportation and storage facilities. Its systems primarily support the movement, processing, and storage of natural gas, crude oil, refined petroleum products, and other energy commodities.

The company’s natural gas business transports and stores natural gas for utilities, power generators, industrial customers, and other energy companies. Kinder Morgan also operates refined products and crude oil pipelines, liquids terminals, and carbon dioxide infrastructure.