Scotiabank Forecasts Strong Price Appreciation for Kinder Morgan (NYSE:KMI) Stock

Kinder Morgan (NYSE:KMI) had its price target raised by Scotiabank from $31.00 to $32.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a “sector perform” rating on the pipeline company’s stock. Scotiabank’s price objective points to a potential downside of 5.81% from the company’s previous close.

Other equities research analysts have also issued reports about the company. Mizuho boosted their target price on Kinder Morgan from $31.00 to $37.00 and gave the stock an “outperform” rating in a report on Thursday, March 5th. Truist Financial began coverage on shares of Kinder Morgan in a research note on Tuesday. They issued a “hold” rating and a $38.00 price objective for the company. UBS Group reaffirmed a “buy” rating and set a $38.00 price objective on shares of Kinder Morgan in a report on Friday, December 12th. Weiss Ratings reiterated a “buy (b)” rating on shares of Kinder Morgan in a research note on Thursday, January 22nd. Finally, Barclays reissued an “overweight” rating on shares of Kinder Morgan in a research report on Friday, February 20th. Eight analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $34.21.

Kinder Morgan Stock Up 0.1%

Kinder Morgan stock opened at $33.98 on Thursday. The company has a current ratio of 0.64, a quick ratio of 0.50 and a debt-to-equity ratio of 0.95. Kinder Morgan has a 1-year low of $23.94 and a 1-year high of $34.26. The firm’s fifty day simple moving average is $31.71 and its 200-day simple moving average is $28.74. The company has a market capitalization of $75.59 billion, a P/E ratio of 24.80, a P/E/G ratio of 3.11 and a beta of 0.68.

Kinder Morgan (NYSE:KMI) last posted its earnings results on Wednesday, January 21st. The pipeline company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.37 by $0.02. The firm had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.33 billion. Kinder Morgan had a net margin of 18.04% and a return on equity of 9.02%. The business’s quarterly revenue was up 13.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.30 earnings per share. Sell-side analysts forecast that Kinder Morgan will post 1.25 earnings per share for the current fiscal year.

Insider Activity

In other Kinder Morgan news, CFO David Patrick Michels sold 20,000 shares of the stock in a transaction on Thursday, January 22nd. The shares were sold at an average price of $30.00, for a total value of $600,000.00. Following the completion of the sale, the chief financial officer directly owned 139,428 shares of the company’s stock, valued at $4,182,840. This represents a 12.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP John W. Schlosser sold 6,166 shares of the firm’s stock in a transaction on Thursday, March 5th. The stock was sold at an average price of $33.67, for a total transaction of $207,609.22. Following the completion of the sale, the vice president owned 188,872 shares in the company, valued at $6,359,320.24. This represents a 3.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 48,048 shares of company stock worth $1,469,863. Corporate insiders own 12.73% of the company’s stock.

Hedge Funds Weigh In On Kinder Morgan

Several institutional investors and hedge funds have recently added to or reduced their stakes in KMI. Norges Bank acquired a new stake in shares of Kinder Morgan during the 4th quarter worth approximately $1,132,125,000. AQR Capital Management LLC raised its stake in shares of Kinder Morgan by 431.9% in the third quarter. AQR Capital Management LLC now owns 6,569,082 shares of the pipeline company’s stock valued at $185,971,000 after purchasing an additional 5,333,986 shares in the last quarter. Merewether Investment Management LP acquired a new position in shares of Kinder Morgan in the second quarter valued at $138,477,000. Zimmer Partners LP lifted its position in Kinder Morgan by 177.8% in the third quarter. Zimmer Partners LP now owns 6,070,100 shares of the pipeline company’s stock worth $171,845,000 after purchasing an additional 3,885,000 shares during the period. Finally, 59 North Capital Management LP boosted its stake in Kinder Morgan by 54.5% during the second quarter. 59 North Capital Management LP now owns 10,597,380 shares of the pipeline company’s stock worth $311,563,000 after buying an additional 3,739,398 shares in the last quarter. 62.52% of the stock is currently owned by institutional investors.

More Kinder Morgan News

Here are the key news stories impacting Kinder Morgan this week:

• Positive Sentiment: Jefferies raised its price target on KMI to $36 (from $31) while keeping a “hold” rating, giving the stock additional upside vs. recent levels — this increases analyst-implied valuation support. Jefferies Boosts Price Target to $36
• Positive Sentiment: Truist Securities initiated coverage of Kinder Morgan with a “hold” and a $38 price target, signaling institutional coverage and a higher benchmark for the stock. Truist Initiates Coverage
• Positive Sentiment: US Capital Advisors lifted its FY‑2028 EPS projection for KMI to $1.40 (vs. the current consensus ~$1.25), implying better forward earnings trajectory and supporting valuation. US Capital Advisors Weighs in on Q1/EPS
• Positive Sentiment: Kinder Morgan stock reached a 52‑week high (~$34.25), reflecting recent buying pressure and momentum traders reacting to the analyst activity and company developments. Stock Hits 52‑Week High
• Positive Sentiment: Kinder Morgan and Phillips 66 extended the second open season for remaining Western Gateway capacity — a commercial step that can boost contracted throughput and predictable fee revenue if successful. Western Gateway Open Season Extension
• Positive Sentiment: Analysts’ consensus rating on KMI was recently summarized as “Moderate Buy,” adding to the supportive analyst narrative behind the stock. Consensus Rating Moderate Buy
• Neutral Sentiment: An earnings preview notes KMI is set to report Q1 soon with expectations for single‑digit profit growth — upcoming results and guidance could add volatility but aren’t surprising to the market. Earnings Preview
• Neutral Sentiment: Coverage and thematic pieces (Zacks, Yahoo) highlight KMI as an income/dividend name attracting attention — this drives flows from yield‑focused investors but is not a catalyst by itself. Zacks Investor Attention
• Neutral Sentiment: Some analyst commentary is mixed across the energy sector (conflicting views on KMI vs. peers), so longer‑term conviction depends on execution and upcoming results. Conflicting Analyst Sentiments

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.