CIBC Asset Management Inc Purchases 159,204 Shares of Kinder Morgan, Inc. $KMI

CIBC Asset Management Inc increased its holdings in Kinder Morgan, Inc. (NYSE:KMI) by 16.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,134,522 shares of the pipeline company’s stock after buying an additional 159,204 shares during the period. CIBC Asset Management Inc’s holdings in Kinder Morgan were worth $31,188,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Marble Wealth LLC bought a new position in Kinder Morgan in the 4th quarter valued at $1,540,000. Mccarter Private Wealth Services LLC bought a new stake in shares of Kinder Morgan during the 4th quarter worth $375,000. SCP Investment LP purchased a new position in shares of Kinder Morgan in the 4th quarter worth about $1,226,000. Camden National Bank boosted its holdings in shares of Kinder Morgan by 0.6% in the 4th quarter. Camden National Bank now owns 325,538 shares of the pipeline company’s stock worth $8,949,000 after buying an additional 2,100 shares during the last quarter. Finally, Fielder Capital Group LLC bought a new position in Kinder Morgan during the fourth quarter valued at about $250,000. 62.52% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on KMI shares. Truist Financial began coverage on shares of Kinder Morgan in a research report on Tuesday, March 24th. They issued a “hold” rating and a $38.00 price objective on the stock. Jefferies Financial Group decreased their price target on shares of Kinder Morgan from $36.00 to $34.00 and set a “hold” rating for the company in a research note on Thursday, April 23rd. Zacks Research raised shares of Kinder Morgan from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. Weiss Ratings upgraded Kinder Morgan from a “buy (b)” rating to a “buy (a-)” rating in a research note on Monday, May 4th. Finally, Citigroup increased their price objective on Kinder Morgan from $28.00 to $33.00 and gave the company a “neutral” rating in a report on Monday, March 30th. Two analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $34.20.

Kinder Morgan News Summary

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

• Positive Sentiment: Kinder Morgan extended its US$3.5 billion revolving credit facility to May 21, 2031 and increased swingline borrowing capacity to US$400 million, improving liquidity and giving the company more flexibility to fund projects and operations. Is Kinder Morgan’s Extended US$3.5 Billion Credit Line Reshaping the Investment Case for KMI?
• Positive Sentiment: US Capital Advisors raised its FY2026 and FY2028 earnings estimates for Kinder Morgan, signaling continued confidence in earnings growth and supporting the stock’s valuation. Kinder Morgan, Inc. (NYSE:KMI) – Free Report
• Positive Sentiment: Several articles pointed to rising U.S. gas demand, LNG exports, and data-center power needs as long-term catalysts for Kinder Morgan’s fee-based pipeline and midstream business. How Will Rising Gas Demand Shape Kinder Morgan’s Business Outlook?
• Neutral Sentiment: Brokerage commentary continued to show an overall favorable average recommendation on KMI, but the coverage mainly reiterated existing sentiment rather than announcing a major new rating change. Brokers Suggest Investing in Kinder Morgan (KMI): Read This Before Placing a Bet
• Neutral Sentiment: Recent market recap pieces noted KMI outperformed the broader market in the prior session, reflecting momentum rather than a fresh company-specific catalyst. Kinder Morgan (KMI) Beats Stock Market Upswing: What Investors Need to Know

Kinder Morgan Price Performance

Shares of NYSE:KMI opened at $31.41 on Thursday. 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 market capitalization of $69.89 billion, a PE ratio of 21.08, a P/E/G ratio of 2.62 and a beta of 0.54. Kinder Morgan, Inc. has a twelve month low of $25.60 and a twelve month high of $34.81. The company has a 50-day moving average price of $32.57 and a two-hundred day moving average price of $30.55.

Kinder Morgan (NYSE:KMI) last posted its quarterly earnings results on Wednesday, April 22nd. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.10. The company had revenue of $4.83 billion for the quarter, compared to analyst estimates of $4.55 billion. Kinder Morgan had a net margin of 18.92% and a return on equity of 9.90%. The company’s quarterly revenue was up 13.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.34 earnings per share. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Equities analysts forecast that Kinder Morgan, Inc. will post 1.49 EPS for the current year.

Kinder Morgan Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Monday, May 4th were issued a $0.2975 dividend. This is a boost from Kinder Morgan’s previous quarterly dividend of $0.29. The ex-dividend date of this dividend was Monday, May 4th. This represents a $1.19 annualized dividend and a yield of 3.8%. Kinder Morgan’s payout ratio is 79.87%.

Insider Activity at Kinder Morgan

In other news, VP Michael P. Garthwaite sold 1,550 shares of the business’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $33.65, for a total transaction of $52,157.50. Following the completion of the transaction, the vice president owned 43,293 shares of the company’s stock, valued at approximately $1,456,809.45. The trade was a 3.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $32.93, for a total value of $203,046.38. Following the completion of the sale, the vice president owned 182,706 shares of the company’s stock, valued at $6,016,508.58. The trade was a 3.26% 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. Over the last ninety days, insiders sold 16,982 shares of company stock valued at $555,825. 12.72% of the stock is owned by insiders.

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.