Post Resch Tallon Group Inc. Buys Shares of 17,491 Kinder Morgan, Inc. $KMI

Post Resch Tallon Group Inc. purchased a new position in Kinder Morgan, Inc. (NYSE:KMI) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 17,491 shares of the pipeline company’s stock, valued at approximately $559,000.

Other hedge funds also recently modified their holdings of the company. Foster Group Inc. lifted its holdings in shares of Kinder Morgan by 8.9% during the 2nd quarter. Foster Group Inc. now owns 6,951 shares of the pipeline company’s stock valued at $222,000 after purchasing an additional 566 shares in the last quarter. Mirador Capital Partners LP increased its stake in Kinder Morgan by 0.4% during the 2nd quarter. Mirador Capital Partners LP now owns 340,265 shares of the pipeline company’s stock worth $10,878,000 after purchasing an additional 1,230 shares in the last quarter. Integral Investment Advisors Inc. acquired a new stake in Kinder Morgan during the 2nd quarter worth approximately $355,000. GAMMA Investing LLC lifted its stake in Kinder Morgan by 23.1% in the second quarter. GAMMA Investing LLC now owns 60,038 shares of the pipeline company’s stock valued at $1,919,000 after buying an additional 11,285 shares in the last quarter. Finally, CoreCap Advisors LLC lifted its stake in Kinder Morgan by 26.8% in the second quarter. CoreCap Advisors LLC now owns 14,649 shares of the pipeline company’s stock valued at $468,000 after buying an additional 3,099 shares in the last quarter. Institutional investors and hedge funds own 62.52% of the company’s stock.

Analysts Set New Price Targets

KMI has been the subject of several research reports. Citigroup reissued a “neutral” rating on shares of Kinder Morgan in a research report on Wednesday, July 29th. Morgan Stanley set a $38.00 target price on shares of Kinder Morgan in a research note on Wednesday, July 29th. UBS Group reiterated a “buy” rating and set a $43.00 target price on shares of Kinder Morgan in a report on Monday, June 15th. Zacks Research lowered Kinder Morgan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating on shares of Kinder Morgan in a research report on Wednesday, June 10th. Eight investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $35.50.

Kinder Morgan Stock Performance

Shares of KMI opened at $31.12 on Thursday. The stock has a market capitalization of $69.30 billion, a price-to-earnings ratio of 19.95, a PEG ratio of 2.54 and a beta of 0.54. Kinder Morgan, Inc. has a 12 month low of $25.60 and a 12 month high of $34.81. The firm has a fifty day simple moving average of $31.96 and a 200 day simple moving average of $32.11. The company has a current ratio of 0.46, a quick ratio of 0.36 and a debt-to-equity ratio of 0.91.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.06. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The firm had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.22 billion. During the same period in the previous year, the business earned $0.28 EPS. The company’s revenue was up 10.8% compared to the same quarter last year. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Research analysts forecast that Kinder Morgan, Inc. will post 1.54 EPS for the current fiscal year.

Kinder Morgan Announces Dividend

The business 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 dividend of $0.2975 per share. This represents a $1.19 annualized dividend and a yield of 3.8%. The ex-dividend date is Monday, August 3rd. Kinder Morgan’s dividend payout ratio is presently 76.28%.

Insider Activity at Kinder Morgan

In other news, VP Michael P. Garthwaite sold 1,550 shares of the company’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 transaction of $48,732.00. Following the sale, the vice president owned 41,743 shares in the company, valued at $1,312,399.92. This represents a 3.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John W. Schlosser sold 6,166 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $31.83, for a total value of $196,263.78. Following the completion of the sale, the vice president directly owned 170,374 shares of the company’s stock, valued at approximately $5,423,004.42. The trade was a 3.49% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 15,432 shares of company stock valued at $493,849 over the last three months. Insiders own 12.72% of the company’s stock.

Kinder Morgan 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.