Owen LaRue LLC lowered its holdings in Kinder Morgan, Inc. (NYSE:KMI – Free Report) by 79.1% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 18,133 shares of the pipeline company’s stock after selling 68,555 shares during the period. Owen LaRue LLC’s holdings in Kinder Morgan were worth $513,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently modified their holdings of the company. LFA Lugano Financial Advisors SA bought a new position in Kinder Morgan during the second quarter worth $26,000. Wolff Wiese Magana LLC bought a new stake in Kinder Morgan in the 2nd quarter valued at $34,000. CoreFirst Bank & Trust acquired a new stake in Kinder Morgan in the 2nd quarter worth $35,000. Private Wealth Management Group LLC increased its holdings in shares of Kinder Morgan by 94.9% during the 3rd quarter. Private Wealth Management Group LLC now owns 1,222 shares of the pipeline company’s stock worth $35,000 after purchasing an additional 595 shares during the period. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in shares of Kinder Morgan during the second quarter valued at about $40,000. 62.52% of the stock is currently owned by institutional investors and hedge funds.
Key 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 Stock Performance
Kinder Morgan (NYSE:KMI – Get Free Report) last issued its earnings results on Wednesday, January 21st. The pipeline company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.37 by $0.02. Kinder Morgan had a net margin of 18.04% and a return on equity of 9.02%. The company had revenue of $4.51 billion for the quarter, compared to the consensus estimate of $4.33 billion. During the same quarter in the previous year, the company earned $0.30 EPS. The firm’s revenue for the quarter was up 13.1% compared to the same quarter last year. As a group, analysts predict that Kinder Morgan, Inc. will post 1.25 EPS for the current fiscal year.
Kinder Morgan Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Monday, February 2nd will be given a $0.2925 dividend. The ex-dividend date is Monday, February 2nd. This represents a $1.17 dividend on an annualized basis and a yield of 4.0%. Kinder Morgan’s payout ratio is 85.40%.
Analyst Ratings Changes
A number of analysts have commented on KMI shares. Jefferies Financial Group raised their price objective on Kinder Morgan from $29.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday. UBS Group reaffirmed a “buy” rating and issued a $38.00 target price on shares of Kinder Morgan in a research report on Friday, December 12th. Stifel Nicolaus lifted their price target 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. Weiss Ratings reissued a “buy (b)” rating on shares of Kinder Morgan in a report on Thursday. Finally, Scotiabank raised their price objective on shares of Kinder Morgan from $29.00 to $30.00 and gave the stock a “sector perform” rating in a report on Friday. Eight research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $32.07.
Read Our Latest Analysis on Kinder Morgan
Insiders Place Their Bets
In other news, VP John W. Schlosser sold 6,166 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $27.49, for a total value of $169,503.34. Following the transaction, the vice president directly owned 201,204 shares of the company’s stock, valued at $5,531,097.96. The trade was a 2.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Amy W. Chronis purchased 3,800 shares of the firm’s stock in a transaction that occurred on Friday, October 31st. The shares were acquired at an average price of $26.23 per share, for a total transaction of $99,674.00. Following the completion of the transaction, the director owned 39,051 shares in the company, valued at $1,024,307.73. The trade was a 10.78% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders have bought 1,004,287 shares of company stock valued at $26,072,463 and have sold 18,498 shares valued at $507,462. Insiders own 12.73% of the company’s stock.
About Kinder Morgan
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.
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