Victory Capital Management Inc. lowered its stake in Kinder Morgan, Inc. (NYSE:KMI – Free Report) by 1.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,706,282 shares of the pipeline company’s stock after selling 23,866 shares during the quarter. Victory Capital Management Inc. owned approximately 0.08% of Kinder Morgan worth $48,305,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the stock. Brighton Jones LLC acquired a new stake in shares of Kinder Morgan in the 4th quarter valued at approximately $308,000. Schnieders Capital Management LLC. increased its holdings in Kinder Morgan by 11.4% during the second quarter. Schnieders Capital Management LLC. now owns 69,444 shares of the pipeline company’s stock worth $2,042,000 after buying an additional 7,081 shares during the last quarter. First Horizon Advisors Inc. raised its position in Kinder Morgan by 28.4% during the second quarter. First Horizon Advisors Inc. now owns 16,396 shares of the pipeline company’s stock worth $482,000 after acquiring an additional 3,624 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in Kinder Morgan during the second quarter worth $293,000. Finally, Modera Wealth Management LLC lifted its stake in Kinder Morgan by 0.9% in the second quarter. Modera Wealth Management LLC now owns 57,398 shares of the pipeline company’s stock valued at $1,688,000 after acquiring an additional 490 shares during the last quarter. 62.52% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In other news, VP Anthony B. Ashley sold 8,000 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $31.95, for a total transaction of $255,600.00. Following the completion of the sale, the vice president directly owned 100,146 shares in the company, valued at approximately $3,199,664.70. This represents a 7.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, VP John W. Schlosser sold 6,166 shares of the stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $33.67, for a total value of $207,609.22. Following the sale, the vice president directly owned 188,872 shares in the company, valued at approximately $6,359,320.24. This trade represents a 3.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 46,498 shares of company stock worth $1,418,248. 12.73% of the stock is owned by corporate insiders.
Kinder Morgan News Roundup
- Positive Sentiment: Several sell‑side firms raised targets or forecasts this week (Mizuho raised its target to $37 and issued an outperform; Morgan Stanley and RBC also boosted targets), adding analyst momentum that can attract buyer interest. Read More. Read More.
- Positive Sentiment: Sector coverage is favoring midstream names as defensive, fee‑based income plays amid oil volatility and geopolitical risk; KMI is repeatedly cited as a buy for yield and stability, which can draw dividend-focused flows. Read More. Read More.
- Positive Sentiment: KMI expanded its post‑FID natural gas project backlog to roughly $10 billion (adding about $900M), signaling visible fee‑based projects tied to LNG and power demand that support future cash flows. Read More.
- Positive Sentiment: The company recently paid its quarterly dividend (annualized ~$1.17, ~3.5% yield), reinforcing the income story that attracts yield‑seeking investors. Read More.
- Neutral Sentiment: While backlog expansion is positive, some coverage highlights fair‑value and cash‑flow scrutiny—investors may wait for clearer project execution and returns before assigning more valuation upside. Read More.
- Negative Sentiment: Insider selling: VP John W. Schlosser sold 6,166 shares at ≈$33.67 on March 5. The sale is modest versus his total holdings but can be perceived negatively by some investors. Read More.
- Negative Sentiment: MarketWatch noted KMI underperformed peers on Thursday, a reminder that sector rotation and near‑term relative weakness can drag the share price even amid constructive company headlines. Read More.
Kinder Morgan Price Performance
NYSE:KMI opened at $33.59 on Friday. Kinder Morgan, Inc. has a 52 week low of $23.94 and a 52 week high of $34.24. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.50 and a current ratio of 0.64. The firm’s 50-day simple moving average is $30.16 and its 200 day simple moving average is $28.14. The firm has a market cap of $74.73 billion, a price-to-earnings ratio of 24.52, a P/E/G ratio of 3.09 and a beta of 0.68.
Kinder Morgan (NYSE:KMI – Get Free Report) last posted its quarterly earnings data on Wednesday, January 21st. The pipeline company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. Kinder Morgan had a net margin of 18.04% and a return on equity of 9.02%. The firm had revenue of $4.51 billion during the quarter, compared to the consensus estimate of $4.33 billion. During the same quarter in the previous year, the firm posted $0.30 EPS. The business’s revenue for the quarter was up 13.1% compared to the same quarter last year. As a group, sell-side analysts predict that Kinder Morgan, Inc. will post 1.25 earnings per share for the current year.
Kinder Morgan Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Tuesday, February 17th. Investors of record on Monday, February 2nd were paid a $0.2925 dividend. This represents a $1.17 annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Monday, February 2nd. Kinder Morgan’s payout ratio is 85.40%.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on KMI. Mizuho lifted their price objective on shares of Kinder Morgan from $31.00 to $37.00 and gave the company an “outperform” rating in a research report on Thursday. Jefferies Financial Group raised their target price on shares of Kinder Morgan from $29.00 to $31.00 and gave the company a “hold” rating in a research note on Thursday, January 22nd. Morgan Stanley lifted their price target on Kinder Morgan from $34.00 to $36.00 and gave the stock an “equal weight” rating in a report on Tuesday, March 3rd. TD Cowen boosted their price target on Kinder Morgan from $34.00 to $35.00 and gave the stock a “buy” rating in a research report on Thursday, January 22nd. Finally, UBS Group restated a “buy” rating and issued a $38.00 price objective on shares of Kinder Morgan in a research note on Friday, December 12th. Eight analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Kinder Morgan currently has an average rating of “Moderate Buy” and an average target price of $33.08.
Check Out Our Latest Stock Analysis on Kinder Morgan
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.
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