Key Points
- Kinder Morgan VP John Schlosser sold 6,166 shares on Feb. 5 at an average price of $30.09, generating about $185,535 and trimming his stake by 3.06% to 195,038 shares (≈$5.87M).
- Kinder Morgan beat quarterly estimates with $0.39 EPS versus $0.37 expected and $4.51B in revenue (up 13.1% YoY), and announced a quarterly dividend of $0.2925 (annualized $1.17, yield ~3.8%, payout ratio 85.4%).
- The stock is trading near recent highs (~$30.49 mid‑day) with a market cap of about $67.8B, and analysts hold a consensus "Moderate Buy" with a target near $32.38 amid mixed buy/hold ratings.
Kinder Morgan, Inc. (NYSE:KMI - Get Free Report) VP John Schlosser sold 6,166 shares of the company's stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $30.09, for a total value of $185,534.94. Following the sale, the vice president owned 195,038 shares of the company's stock, valued at approximately $5,868,693.42. This trade represents a 3.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Kinder Morgan Stock Performance
KMI stock traded up $0.16 during mid-day trading on Friday, reaching $30.49. 429,833 shares of the stock traded hands, compared to its average volume of 15,196,990. The firm has a market capitalization of $67.84 billion, a PE ratio of 22.25, a P/E/G ratio of 2.47 and a beta of 0.70. The company has a quick ratio of 0.49, a current ratio of 0.64 and a debt-to-equity ratio of 0.95. Kinder Morgan, Inc. has a 52 week low of $23.94 and a 52 week high of $30.57. The business has a 50-day moving average of $27.83 and a two-hundred day moving average of $27.36.
Kinder Morgan (NYSE:KMI - Get Free Report) last announced its quarterly earnings results on Wednesday, January 21st. The pipeline company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates 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% on a year-over-year basis. As a group, equities analysts predict that Kinder Morgan, Inc. will post 1.25 EPS for the current fiscal year.
Kinder Morgan Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Stockholders of record on Monday, February 2nd will be issued a $0.2925 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $1.17 annualized dividend and a dividend yield of 3.8%. Kinder Morgan's dividend payout ratio is presently 85.40%.
Institutional Investors Weigh In On Kinder Morgan
A number of institutional investors and hedge funds have recently made changes to their positions in KMI. LFA Lugano Financial Advisors SA bought a new position in shares of Kinder Morgan during the 2nd quarter worth approximately $26,000. Board of the Pension Protection Fund bought a new position in Kinder Morgan in the fourth quarter valued at approximately $27,000. Dorato Capital Management bought a new stake in Kinder Morgan during the fourth quarter worth $30,000. Strategic Advocates LLC bought a new position in shares of Kinder Morgan in the 3rd quarter valued at $32,000. Finally, Torren Management LLC bought a new stake in shares of Kinder Morgan during the 4th quarter worth $32,000. Institutional investors own 62.52% of the company's stock.
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on the stock. Stifel Nicolaus lifted their target price on shares of Kinder Morgan from $29.00 to $30.00 and gave the company a "hold" rating in a research note on Tuesday, November 11th. TD Cowen boosted their price objective on Kinder Morgan from $34.00 to $35.00 and gave the stock a "buy" rating in a research note on Thursday, January 22nd. Jefferies Financial Group raised their target price on Kinder Morgan from $29.00 to $31.00 and gave the company a "hold" rating in a research note on Thursday, January 22nd. Mizuho decreased their price objective on shares of Kinder Morgan from $32.00 to $31.00 and set an "outperform" rating on the stock in a report on Friday, November 14th. Finally, Scotiabank boosted their target price on shares of Kinder Morgan from $29.00 to $30.00 and gave the stock a "sector perform" rating in a research note on Friday, January 23rd. Nine research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $32.38.
Check Out Our Latest Analysis on KMI
About Kinder Morgan
(
Get Free Report)
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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