Bokf Na Buys 128,832 Shares of Kinder Morgan, Inc. $KMI

Bokf Na increased its stake in shares of Kinder Morgan, Inc. (NYSE:KMI) by 61.4% during the 4th quarter, Holdings Channel reports. The fund owned 338,504 shares of the pipeline company’s stock after acquiring an additional 128,832 shares during the period. Bokf Na’s holdings in Kinder Morgan were worth $9,305,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of KMI. Personal CFO Solutions LLC lifted its stake in shares of Kinder Morgan by 4.5% in the fourth quarter. Personal CFO Solutions LLC now owns 7,896 shares of the pipeline company’s stock valued at $217,000 after buying an additional 340 shares in the last quarter. Red Door Wealth Management LLC lifted its stake in shares of Kinder Morgan by 2.2% in the fourth quarter. Red Door Wealth Management LLC now owns 17,772 shares of the pipeline company’s stock valued at $489,000 after buying an additional 389 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC lifted its stake in shares of Kinder Morgan by 5.6% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 7,564 shares of the pipeline company’s stock valued at $208,000 after buying an additional 399 shares in the last quarter. Sagespring Wealth Partners LLC lifted its position in shares of Kinder Morgan by 1.6% during the fourth quarter. Sagespring Wealth Partners LLC now owns 26,503 shares of the pipeline company’s stock valued at $729,000 after purchasing an additional 405 shares in the last quarter. Finally, Newbridge Financial Services Group Inc. lifted its position in shares of Kinder Morgan by 22.4% during the fourth quarter. Newbridge Financial Services Group Inc. now owns 2,266 shares of the pipeline company’s stock valued at $62,000 after purchasing an additional 414 shares in the last quarter. 62.52% of the stock is owned by institutional investors.

Kinder Morgan Price Performance

KMI opened at $31.60 on Thursday. The company has a market capitalization of $70.29 billion, a price-to-earnings ratio of 21.20, a PEG ratio of 2.78 and a beta of 0.56. The company has a quick ratio of 0.41, a current ratio of 0.52 and a debt-to-equity ratio of 0.92. The firm has a 50-day moving average price of $32.85 and a 200-day moving average price of $29.70. Kinder Morgan, Inc. has a twelve month low of $25.60 and a twelve month high of $34.73.

Kinder Morgan (NYSE:KMI) last posted its earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.10. The firm had revenue of $4.83 billion during the quarter, compared to the consensus estimate of $4.55 billion. Kinder Morgan had a net margin of 18.92% and a return on equity of 9.90%. The company’s revenue was up 13.8% on a year-over-year basis. During the same quarter last year, the company earned $0.34 earnings per share. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Equities analysts expect that Kinder Morgan, Inc. will post 1.48 EPS for the current year.

Kinder Morgan Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Monday, May 4th will be paid a $0.2975 dividend. The ex-dividend date is Monday, May 4th. This is a positive change from Kinder Morgan’s previous quarterly dividend of $0.29. This represents a $1.19 annualized dividend and a dividend yield of 3.8%. Kinder Morgan’s dividend payout ratio is 79.87%.

Insider Transactions at Kinder Morgan

In other news, VP John W. Schlosser sold 6,166 shares of Kinder Morgan stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $33.67, for a total value of $207,609.22. Following the completion of the transaction, the vice president owned 188,872 shares in the company, valued at $6,359,320.24. This trade represents a 3.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Michael P. Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $31.72, for a total transaction of $49,166.00. Following the completion of the transaction, the vice president owned 44,843 shares of the company’s stock, valued at $1,422,419.96. The trade was a 3.34% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 29,598 shares of company stock worth $966,877 over the last quarter. Corporate insiders own 12.72% of the company’s stock.

Analyst Upgrades and Downgrades

KMI has been the topic of a number of recent analyst reports. Royal Bank Of Canada raised their price target on shares of Kinder Morgan from $32.00 to $35.00 and gave the company a “sector perform” rating in a research report on Monday, March 30th. Wells Fargo & Company raised their price target on shares of Kinder Morgan from $34.00 to $35.00 and gave the company an “overweight” rating in a research report on Friday, March 13th. Citigroup raised their price target on shares of Kinder Morgan from $28.00 to $33.00 and gave the company a “neutral” rating in a research report on Monday, March 30th. Freedom Capital raised shares of Kinder Morgan from a “strong sell” rating to a “hold” rating in a research report on Wednesday, January 28th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Kinder Morgan in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $34.20.

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.