Kinder Morgan, Inc. $KMI Shares Acquired by Clarity Financial LLC

Clarity Financial LLC increased its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI) by 6.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 487,315 shares of the pipeline company’s stock after purchasing an additional 30,322 shares during the period. Kinder Morgan accounts for 1.3% of Clarity Financial LLC’s investment portfolio, making the stock its 27th largest holding. Clarity Financial LLC’s holdings in Kinder Morgan were worth $15,579,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of KMI. Commonwealth Retirement Investments LLC purchased a new stake in shares of Kinder Morgan in the fourth quarter valued at about $27,000. Frazier Financial Advisors LLC purchased a new stake in Kinder Morgan during the 1st quarter valued at approximately $28,000. Acumen Wealth Advisors LLC acquired a new stake in Kinder Morgan during the 4th quarter worth approximately $28,000. Basepoint Wealth LLC acquired a new position in shares of Kinder Morgan in the fourth quarter valued at approximately $30,000. Finally, Mcguire Capital Advisors Inc. purchased a new stake in shares of Kinder Morgan during the fourth quarter worth approximately $30,000. 62.52% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

KMI has been the subject of a number of analyst reports. Jefferies Financial Group restated a “hold” rating on shares of Kinder Morgan in a research report on Thursday, July 23rd. Morgan Stanley set a $38.00 price objective on shares of Kinder Morgan in a research report on Wednesday, July 29th. Wells Fargo & Company lifted their price objective on Kinder Morgan from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. The Goldman Sachs Group reissued a “buy” rating on shares of Kinder Morgan in a research note on Wednesday, June 10th. Finally, Zacks Research lowered Kinder Morgan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 23rd. Eight equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $35.50.

Kinder Morgan Stock Performance

NYSE KMI opened at $31.70 on Thursday. Kinder Morgan, Inc. has a 1-year low of $25.60 and a 1-year high of $34.81. The company has a market capitalization of $70.59 billion, a P/E ratio of 20.32, a PEG ratio of 2.55 and a beta of 0.54. The business has a 50 day moving average price of $31.96 and a 200 day moving average price of $32.22. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.46 and a quick ratio of 0.36.

Kinder Morgan (NYSE:KMI) last posted its earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. Kinder Morgan had a return on equity of 10.46% and a net margin of 19.31%.The company had revenue of $4.48 billion for the quarter, compared to the consensus estimate of $4.22 billion. During the same period in the previous year, the business earned $0.28 earnings per share. Kinder Morgan’s quarterly revenue was up 10.8% compared to the same quarter last year. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Sell-side analysts expect that Kinder Morgan, Inc. will post 1.54 EPS for the current fiscal year.

Kinder Morgan Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 3rd will be issued a dividend of $0.2975 per share. This represents a $1.19 annualized dividend and a yield of 3.8%. The ex-dividend date is Monday, August 3rd. Kinder Morgan’s dividend payout ratio (DPR) is 76.28%.

Insider Transactions at Kinder Morgan

In other Kinder Morgan news, VP Michael P. Garthwaite sold 1,550 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $31.44, for a total value of $48,732.00. Following the sale, the vice president owned 41,743 shares of the company’s stock, valued at $1,312,399.92. This represents a 3.58% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 stock in a transaction on Friday, June 5th. The shares were sold at an average price of $31.83, for a total value of $196,263.78. Following the sale, the vice president owned 170,374 shares in the company, valued at approximately $5,423,004.42. This trade represents a 3.49% 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. In the last 90 days, insiders have sold 15,432 shares of company stock valued at $493,849. 12.72% of the stock is currently owned by company insiders.

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.