Public Employees Retirement System of Ohio reduced its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI – Free Report) by 3.9% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 600,551 shares of the pipeline company’s stock after selling 24,292 shares during the period. Public Employees Retirement System of Ohio’s holdings in Kinder Morgan were worth $20,136,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently added to or reduced their stakes in KMI. Brighton Jones LLC bought a new position in Kinder Morgan in the 4th quarter valued at approximately $308,000. Schnieders Capital Management LLC. raised its holdings in Kinder Morgan by 11.4% during the 2nd quarter. Schnieders Capital Management LLC. now owns 69,444 shares of the pipeline company’s stock worth $2,042,000 after purchasing an additional 7,081 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Kinder Morgan by 2.1% during the 2nd quarter. NewEdge Advisors LLC now owns 270,876 shares of the pipeline company’s stock worth $7,964,000 after acquiring an additional 5,586 shares during the period. Nebula Research & Development LLC acquired a new position in shares of Kinder Morgan during the 2nd quarter valued at $1,168,000. Finally, Sei Investments Co. boosted its stake in Kinder Morgan by 20.4% during the second quarter. Sei Investments Co. now owns 861,465 shares of the pipeline company’s stock worth $25,328,000 after acquiring an additional 145,806 shares in the last quarter. Institutional investors and hedge funds own 62.52% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts have commented on the stock. Royal Bank Of Canada raised their price target on shares of Kinder Morgan from $32.00 to $35.00 and gave the stock a “sector perform” rating in a report on Monday, March 30th. The Goldman Sachs Group reissued a “buy” rating on shares of Kinder Morgan in a research report on Wednesday, June 10th. Wolfe Research downgraded Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Wells Fargo & Company boosted their target price on Kinder Morgan from $35.00 to $36.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, Zacks Research downgraded Kinder Morgan from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 23rd. Eight research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Kinder Morgan currently has an average rating of “Hold” and an average price target of $35.08.
More Kinder Morgan News
Here are the key news stories impacting Kinder Morgan this week:
- Positive Sentiment: Kinder Morgan beat Q2 earnings and revenue expectations, helped by higher natural gas volumes and strong pipeline demand. Kinder Morgan (KMI) Tops Q2 Earnings and Revenue Estimates
- Positive Sentiment: The company raised its 2026 guidance and pointed to growing LNG, power, and data-center demand, which suggests more growth ahead. Plugging In: How Kinder Morgan Powers Up Profits
- Positive Sentiment: Kinder Morgan lifted its quarterly dividend, reinforcing the stock’s income story for shareholders. KMI Q2 Earnings Beat Estimates on Natural Gas Pipeline Strength
- Positive Sentiment: Analysts were highlighted as bullish on Kinder Morgan in recent coverage, which can support sentiment around the name. Analysts Are Bullish on These Energy Stocks: Kinder Morgan (KMI), Matador Resources (MTDR)
- Neutral Sentiment: Kinder Morgan also issued a 2025 Sustainability Report, emphasizing methane reductions and lower-carbon investments, which is more of a long-term ESG update than a near-term earnings driver. Kinder Morgan Issues 2025 Sustainability Report
- Negative Sentiment: One analyst roundup described sentiment on Kinder Morgan as neutral, suggesting some investors may be waiting for more proof after the earnings surge. Analysts Are Neutral on These Energy Stocks: Paladin Energy Ltd (PALAF), Kinder Morgan (KMI)
Insider Activity
In other Kinder Morgan news, VP John W. Schlosser sold 6,166 shares of Kinder Morgan stock in a transaction dated Tuesday, May 5th. The stock was sold at an average price of $32.41, for a total transaction of $199,840.06. Following the completion of the transaction, the vice president owned 176,540 shares in the company, valued at approximately $5,721,661.40. The trade was a 3.37% decrease in their position. The transaction was disclosed in a document filed 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 P. 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 sale, the vice president directly owned 41,743 shares of the company’s stock, valued at $1,312,399.92. This represents 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. In the last ninety days, insiders sold 21,598 shares of company stock worth $693,689. 12.72% of the stock is owned by insiders.
Kinder Morgan Stock Performance
Shares of KMI stock opened at $32.87 on Friday. The firm has a market capitalization of $73.13 billion, a PE ratio of 21.07, a price-to-earnings-growth ratio of 2.60 and a beta of 0.54. The firm has a fifty day simple moving average of $32.26 and a two-hundred day simple moving average of $31.83. The company has a current ratio of 0.46, a quick ratio of 0.41 and a debt-to-equity ratio of 0.91. Kinder Morgan, Inc. has a 12 month low of $25.60 and a 12 month high of $34.81.
Kinder Morgan (NYSE:KMI – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.06. The firm had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.22 billion. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The business’s revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.28 earnings per share. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Analysts forecast that Kinder Morgan, Inc. will post 1.52 EPS for the current fiscal year.
Kinder Morgan Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 3rd will be 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 is Monday, August 3rd. Kinder Morgan’s dividend payout ratio is currently 76.28%.
About Kinder Morgan
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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