Envestnet Portfolio Solutions Inc. Sells 150,807 Shares of Kinder Morgan, Inc. $KMI

Envestnet Portfolio Solutions Inc. lowered its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI) by 28.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 383,958 shares of the pipeline company’s stock after selling 150,807 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Kinder Morgan were worth $10,870,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Vanguard Group Inc. increased its position in Kinder Morgan by 1.5% during the second quarter. Vanguard Group Inc. now owns 207,219,481 shares of the pipeline company’s stock worth $6,092,253,000 after buying an additional 3,070,609 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Kinder Morgan by 1.2% during the 2nd quarter. Geode Capital Management LLC now owns 51,848,863 shares of the pipeline company’s stock worth $1,518,195,000 after acquiring an additional 599,152 shares in the last quarter. Norges Bank bought a new stake in shares of Kinder Morgan during the 2nd quarter worth about $1,162,802,000. Orbis Allan Gray Ltd increased its holdings in shares of Kinder Morgan by 3.1% during the 2nd quarter. Orbis Allan Gray Ltd now owns 22,635,179 shares of the pipeline company’s stock valued at $665,474,000 after acquiring an additional 670,856 shares during the last quarter. Finally, Invesco Ltd. raised its stake in shares of Kinder Morgan by 2.8% in the 2nd quarter. Invesco Ltd. now owns 21,949,329 shares of the pipeline company’s stock valued at $645,310,000 after acquiring an additional 603,197 shares in the last quarter. Institutional investors and hedge funds own 62.52% of the company’s stock.

Insider Activity at Kinder Morgan

In other news, VP John W. Schlosser sold 6,166 shares of Kinder Morgan stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $27.49, for a total transaction of $169,503.34. Following the sale, the vice president owned 201,204 shares of the company’s stock, valued at approximately $5,531,097.96. This trade represents a 2.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Chairman Richard D. Kinder bought 1,000,000 shares of the business’s stock in a transaction that occurred on Monday, October 27th. The stock was purchased at an average price of $25.96 per share, with a total value of $25,960,000.00. Following the completion of the purchase, the chairman directly owned 246,212,353 shares of the company’s stock, valued at $6,391,672,683.88. This represents a 0.41% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have bought 1,004,287 shares of company stock worth $26,072,463 and have sold 18,498 shares worth $507,462. Corporate insiders own 12.73% of the company’s stock.

Analyst Upgrades and Downgrades

KMI has been the subject of a number of recent analyst reports. TD Cowen upped their target price on Kinder Morgan from $34.00 to $35.00 and gave the stock a “buy” rating in a research report on Thursday. Stifel Nicolaus boosted their price objective on shares of Kinder Morgan from $29.00 to $30.00 and gave the stock a “hold” rating in a research note on Tuesday, November 11th. Jefferies Financial Group raised their target price on shares of Kinder Morgan from $29.00 to $31.00 and gave the company a “hold” rating in a research note on Thursday. Scotiabank lifted their target price on shares of Kinder Morgan from $29.00 to $30.00 and gave the stock a “sector perform” rating in a report on Friday. Finally, Mizuho decreased their price target on shares of Kinder Morgan from $32.00 to $31.00 and set an “outperform” rating for the company in a report on Friday, November 14th. Eight equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $32.07.

Kinder Morgan Trading Down 0.4%

Shares of KMI stock opened at $29.58 on Friday. The firm has a market capitalization of $65.80 billion, a P/E ratio of 21.59, a price-to-earnings-growth ratio of 2.44 and a beta of 0.69. Kinder Morgan, Inc. has a 1 year low of $23.94 and a 1 year high of $30.56. The firm’s fifty day simple moving average is $27.27 and its 200 day simple moving average is $27.23. The company has a current ratio of 0.64, a quick ratio of 0.49 and a debt-to-equity ratio of 0.95.

Kinder Morgan (NYSE:KMI) last issued its quarterly earnings results on Wednesday, January 21st. The pipeline company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $4.33 billion. During the same period in the prior year, the firm earned $0.30 EPS. The business’s revenue was up 13.1% on a year-over-year basis. As a group, sell-side analysts predict that Kinder Morgan, Inc. will post 1.25 EPS for the current year.

Kinder Morgan Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Investors of record on Monday, February 2nd will be given a dividend of $0.2925 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $1.17 dividend on an annualized basis and a yield of 4.0%. Kinder Morgan’s dividend payout ratio (DPR) is 95.90%.

More Kinder Morgan News

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

• Positive Sentiment: Record Q4 and full‑year results — KMI reported higher revenue and EPS that beat consensus, with strong Natural Gas Pipelines contributions and a larger backlog that helped drive a jump in net income. Kinder Morgan Posts Record Earnings
• Positive Sentiment: Structural LNG tailwinds/backlog — management cites rising LNG feed‑gas demand and a >$10B project backlog that should underpin multi‑year cash flow and project EBITDA as new projects come online. LNG feed gas demand & backlog
• Positive Sentiment: Dividend and capital returns — KMI declared the quarterly dividend (maintains a ~4% yield) and reiterated capital allocation that supports distributions while funding growth projects.
• Positive Sentiment: Insiders and buying signals — recent insider purchases (including Amy W. Chronis and others) and elevated call‑option activity signal some bullish conviction from traders. Amy Chronis purchase
• Neutral Sentiment: Asset sale — KMI sold its Eagle Ford JV stake for ~$396M to BPX, which raises near‑term cash and simplifies upstream exposure; impact on long‑term earnings depends on redeployment. Eagle Ford sale
• Neutral Sentiment: Analyst/price target moves — modest target increases and “sector perform” notes (e.g., Scotiabank) reflect cautious optimism but limited near‑term upside. Price target update
• Negative Sentiment: Cautious guidance — management issued relatively conservative near‑term guidance despite the strong quarter, which can cap investor enthusiasm for an immediate rerating. MarketBeat: cautious guidance
• Negative Sentiment: Mixed insider activity — while some insiders bought, Quiver/filings show multiple executive share sales in recent months, which can be read as profit‑taking by some market participants. Quiver insider activity

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.