1,146,866 Shares of Kinder Morgan, Inc. $KMI Purchased by Randolph Co Inc

Randolph Co Inc purchased a new stake in Kinder Morgan, Inc. (NYSE:KMI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 1,146,866 shares of the pipeline company’s stock, valued at approximately $34,578,000. Kinder Morgan makes up 2.7% of Randolph Co Inc’s holdings, making the stock its 16th biggest holding. Randolph Co Inc owned about 0.05% of Kinder Morgan as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in KMI. BlackRock Inc. increased 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 worth $5,621,421,000 after buying an additional 1,875,143 shares during the last quarter. State Street Corp lifted its stake in Kinder Morgan by 4.3% in the second quarter. State Street Corp now owns 130,863,419 shares of the pipeline company’s stock valued at $4,183,704,000 after acquiring an additional 5,361,578 shares during the last quarter. Bank of America Corp DE lifted its stake in Kinder Morgan by 1.4% in the first 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 acquiring an additional 836,571 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Kinder Morgan by 2.7% in the first quarter. Dimensional Fund Advisors LP now owns 17,237,384 shares of the pipeline company’s stock valued at $577,998,000 after acquiring an additional 448,130 shares during the last quarter. Finally, Amundi grew its position in Kinder Morgan by 5.8% in the first quarter. Amundi now owns 15,130,700 shares of the pipeline company’s stock worth $507,332,000 after acquiring an additional 831,125 shares in the last quarter. Institutional investors own 62.52% of the company’s stock.

Kinder Morgan Stock Performance

Shares of NYSE KMI opened at $34.47 on Monday. The business’s 50-day simple moving average is $31.88 and its 200-day simple moving average is $32.05. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.36 and a current ratio of 0.67. Kinder Morgan, Inc. has a 52 week low of $25.60 and a 52 week high of $34.81. The firm has a market cap of $76.77 billion, a price-to-earnings ratio of 21.28, a P/E/G ratio of 2.36 and a beta of 0.59.

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

Kinder Morgan Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Monday, November 2nd will be issued a dividend of $0.2975 per share. This represents a $1.19 annualized dividend and a yield of 3.5%. The ex-dividend date is Monday, November 2nd. Kinder Morgan’s dividend payout ratio (DPR) is 73.46%.

Key Headlines Impacting Kinder Morgan

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

Wall Street Analyst Weigh In

Several research analysts have recently commented on KMI shares. Stifel Nicolaus began coverage on shares of Kinder Morgan in a research note on Wednesday, September 9th. They set a “hold” rating and a $35.00 price target on the stock. Jefferies Financial Group raised their price target on shares of Kinder Morgan from $33.00 to $37.00 and gave the company a “hold” rating in a report on Thursday. TD Cowen lifted their price objective on shares of Kinder Morgan from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday. JPMorgan Chase & Co. upped their price objective on shares of Kinder Morgan from $34.00 to $36.00 and gave the stock a “neutral” rating in a report on Friday, September 4th. Finally, Melius Research started coverage on shares of Kinder Morgan in a report on Tuesday, September 22nd. They issued a “buy” rating and a $38.00 price objective for the company. Twelve equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $36.60.

Insider Activity at Kinder Morgan

In other news, VP Michael Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $33.65, for a total value of $52,157.50. Following the transaction, the vice president owned 47,313 shares of the company’s stock, valued at $1,592,082.45. This trade represents a 3.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 12.72% of the stock is currently owned by corporate insiders.

Kinder Morgan Profile

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.