Kinder Morgan (NYSE:KMI) Stock: Insider Michael Garthwaite Sells 1,550 Shares

Kinder Morgan, Inc. (NYSE:KMI – Get Free Report) VP Michael Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $33.65, for a total value of $52,157.50. Following the completion of the transaction, the vice president directly owned 47,313 shares of the company’s stock, valued at approximately $1,592,082.45. This represents a 3.17% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kinder Morgan Stock Up 1.2%

Shares of NYSE:KMI opened at $33.97 on Thursday. The firm has a market capitalization of $75.65 billion, a PE ratio of 21.94, a price-to-earnings-growth ratio of 2.36 and a beta of 0.59. Kinder Morgan, Inc. has a 1 year low of $25.60 and a 1 year high of $34.81. The company has a debt-to-equity ratio of 0.91, a current ratio of 0.46 and a quick ratio of 0.36. The firm’s 50-day moving average is $31.82 and its two-hundred day moving average is $32.03.

Kinder Morgan (NYSE:KMI – Get Free Report) last posted its quarterly earnings data on Wednesday, October 21st. The pipeline company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.33 by $0.02. The business had revenue of $4.53 billion during the quarter, compared to analyst estimates of $4.37 billion. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm posted $0.29 earnings per share. Analysts predict that Kinder Morgan, Inc. will post 1.56 EPS for the current year.

Institutional Trading of Kinder Morgan

A number of large investors have recently made changes to their positions in the company. Quadrant Capital Group LLC lifted its stake in Kinder Morgan by 0.7% in the third quarter. Quadrant Capital Group LLC now owns 47,788 shares of the pipeline company’s stock worth $1,598,000 after acquiring an additional 309 shares during the last quarter. Klingman & Associates LLC grew its holdings in Kinder Morgan by 3.9% during the 1st quarter. Klingman & Associates LLC now owns 8,498 shares of the pipeline company’s stock worth $285,000 after acquiring an additional 319 shares in the last quarter. Transamerica Financial Advisors LLC grew its holdings in Kinder Morgan by 72.9% during the 2nd quarter. Transamerica Financial Advisors LLC now owns 778 shares of the pipeline company’s stock worth $25,000 after acquiring an additional 328 shares in the last quarter. Abel Hall LLC increased its position in shares of Kinder Morgan by 4.0% in the 1st quarter. Abel Hall LLC now owns 8,588 shares of the pipeline company’s stock valued at $288,000 after purchasing an additional 330 shares during the last quarter. Finally, Optivise Advisory Services LLC increased its position in shares of Kinder Morgan by 2.9% in the 3rd quarter. Optivise Advisory Services LLC now owns 12,534 shares of the pipeline company’s stock valued at $378,000 after purchasing an additional 354 shares during the last quarter. 62.52% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Kinder Morgan

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

  • Positive Sentiment: Quarterly results exceeded expectations. Kinder Morgan reported third-quarter revenue of $4.53 billion, up 9.3% year over year and above the $4.37 billion consensus estimate. Earnings were $0.35 per share, ahead of the $0.33 forecast and up from $0.29 a year earlier. Net income reached $764 million. Kinder Morgan Inc. Q3 Profit Rises
  • Positive Sentiment: Growth backlog expanded substantially. Kinder Morgan announced $5.4 billion of additions to its expansion-project backlog, its largest natural-gas backlog in company history. The company also plans to invest $4.7 billion in two gas pipeline projects, supported by rising demand. These projects could provide longer-term earnings and cash-flow growth. Kinder Morgan Reports Record Third Quarter 2026 Financial Results Kinder Morgan to invest $4.7 billion in two gas pipeline projects as demand surges
  • Positive Sentiment: Dividend income remained a key attraction. Kinder Morgan’s board approved a quarterly cash dividend of $0.2975 per share, or $1.19 annualized, reinforcing the stock’s appeal to income-focused investors.
  • Neutral Sentiment: Analyst sentiment remains constructive but mixed. The stock carries a “Moderate Buy” consensus rating, with an average target near $35.47, while several analysts maintain Hold ratings. This indicates that strong results are improving the outlook, but valuation and execution remain considerations.
  • Negative Sentiment: An insider sale provided a minor counterpoint. Vice President Michael Garthwaite sold $52,157.50 of shares under a pre-arranged Rule 10b5-1 trading plan. Because the sale was relatively small and scheduled in advance, it is unlikely to materially alter the investment case. Kinder Morgan VP Sells Stock

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Jefferies Financial Group decreased their price target on shares of Kinder Morgan from $35.00 to $33.00 and set a “hold” rating for the company in a research report on Thursday, September 17th. Citigroup reaffirmed a “neutral” rating and set a $34.00 price objective (up from $33.00) on shares of Kinder Morgan in a research report on Wednesday, July 29th. Weiss Ratings lowered Kinder Morgan from a “buy (b+)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Stifel Nicolaus assumed coverage on Kinder Morgan in a research note on Wednesday, September 9th. They issued a “hold” rating and a $35.00 price objective on the stock. Finally, Wells Fargo & Company lifted their target price on Kinder Morgan from $35.00 to $36.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Eleven equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $35.47.

Read Our Latest Analysis on KMI

About Kinder Morgan

(Get Free Report)

Kinder Morgan, Inc (NYSE: KMI) is an energy infrastructure company that owns and operates pipelines, terminals, and other transportation and storage facilities. Its systems primarily support the movement, processing, and storage of natural gas, crude oil, refined petroleum products, and other energy commodities.

The company’s natural gas business transports and stores natural gas for utilities, power generators, industrial customers, and other energy companies. Kinder Morgan also operates refined products and crude oil pipelines, liquids terminals, and carbon dioxide infrastructure.

Further Reading

Insider Buying and Selling by Quarter for Kinder Morgan (NYSE:KMI)

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