Vanguard Group Inc. Has $6.09 Billion Stock Holdings in Kinder Morgan, Inc. $KMI

Vanguard Group Inc. increased its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 1.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 207,219,481 shares of the pipeline company's stock after buying an additional 3,070,609 shares during the quarter. Vanguard Group Inc. owned 9.33% of Kinder Morgan worth $6,092,253,000 as of its most recent filing with the Securities and Exchange Commission.

• $134M in Insider Moves: What It Might Mean for KMI, ISRG and QS

Several other hedge funds have also recently bought and sold shares of KMI. Nuveen LLC acquired a new position in shares of Kinder Morgan in the 1st quarter valued at about $205,966,000. 59 North Capital Management LP acquired a new stake in shares of Kinder Morgan during the first quarter worth approximately $195,658,000. Goldman Sachs Group Inc. grew its position in Kinder Morgan by 37.5% during the first quarter. Goldman Sachs Group Inc. now owns 20,281,385 shares of the pipeline company's stock valued at $578,628,000 after purchasing an additional 5,529,065 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in Kinder Morgan by 55.5% in the 2nd quarter. Assenagon Asset Management S.A. now owns 8,505,330 shares of the pipeline company's stock valued at $250,057,000 after buying an additional 3,037,095 shares during the period. Finally, Kingstone Capital Partners Texas LLC acquired a new stake in shares of Kinder Morgan during the 2nd quarter valued at $68,124,000. 62.52% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Amy W. Chronis bought 3,800 shares of the company's stock in a transaction that occurred on Friday, October 31st. The shares were purchased at an average price of $26.23 per share, for a total transaction of $99,674.00. Following the acquisition, the director directly owned 39,051 shares of the company's stock, valued at $1,024,307.73. The trade was a 10.78% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Chairman Richard D. Kinder bought 1,000,000 shares of the company's stock in a transaction that occurred on Monday, October 27th. The stock was purchased at an average price of $25.96 per share, for a total transaction of $25,960,000.00. Following the acquisition, the chairman directly owned 246,212,353 shares in the company, valued at approximately $6,391,672,683.88. This trade represents a 0.41% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders bought 1,004,287 shares of company stock valued at $26,072,463 and sold 18,498 shares valued at $506,660. 12.73% of the stock is owned by insiders.

Analyst Ratings Changes

• Kinder Morgan Stock: Big Yield Now, Bigger Upside in 2026

KMI has been the topic of a number of research reports. Wolfe Research raised shares of Kinder Morgan from a "peer perform" rating to an "outperform" rating and set a $31.00 price target on the stock in a research note on Friday, July 25th. BMO Capital Markets assumed coverage on Kinder Morgan in a research note on Friday, September 19th. They issued an "outperform" rating and a $32.00 target price on the stock. Morgan Stanley set a $30.00 price target on Kinder Morgan in a research note on Thursday, October 9th. Royal Bank Of Canada boosted their price target on Kinder Morgan from $28.00 to $30.00 and gave the company a "sector perform" rating in a research note on Thursday, November 13th. Finally, Stifel Nicolaus increased their price objective on Kinder Morgan from $29.00 to $30.00 and gave the stock a "hold" rating in a report on Tuesday, November 11th. Ten analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $31.19.

Read Our Latest Report on KMI

Kinder Morgan Price Performance

• Energy Crunch Ahead: 3 Natural Gas Stocks Set to Gain

Shares of NYSE:KMI opened at $27.08 on Wednesday. The stock has a market capitalization of $60.25 billion, a P/E ratio of 22.20, a P/E/G ratio of 3.01 and a beta of 0.77. The business has a 50-day moving average of $27.22 and a two-hundred day moving average of $27.44. Kinder Morgan, Inc. has a fifty-two week low of $23.94 and a fifty-two week high of $31.48. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.63 and a quick ratio of 0.53.

Kinder Morgan (NYSE:KMI - Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The pipeline company reported $0.29 earnings per share for the quarter, meeting analysts' consensus estimates of $0.29. Kinder Morgan had a return on equity of 8.57% and a net margin of 16.61%.The business had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $3.98 billion. During the same period last year, the business earned $0.25 EPS. The firm's revenue was up 12.1% compared to the same quarter last year. Kinder Morgan has set its FY 2025 guidance at 1.270-1.270 EPS. On average, equities research analysts predict that Kinder Morgan, Inc. will post 1.25 EPS for the current fiscal year.

Kinder Morgan Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, November 17th. Stockholders of record on Monday, November 3rd were paid a $0.2925 dividend. This represents a $1.17 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Monday, November 3rd. Kinder Morgan's payout ratio is presently 95.90%.

Kinder Morgan Profile

Kinder Morgan, Inc operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities.

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