Partners Group Holding AG Purchases 90,593 Shares of Kinder Morgan, Inc. $KMI

Partners Group Holding AG increased its position in shares of Kinder Morgan, Inc. (NYSE:KMI) by 45.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 291,741 shares of the pipeline company’s stock after purchasing an additional 90,593 shares during the period. Partners Group Holding AG’s holdings in Kinder Morgan were worth $8,020,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC bought a new position in shares of Kinder Morgan during the 4th quarter worth about $308,000. Schnieders Capital Management LLC. lifted its holdings in shares of Kinder Morgan by 11.4% during the 2nd quarter. Schnieders Capital Management LLC. now owns 69,444 shares of the pipeline company’s stock worth $2,042,000 after acquiring an additional 7,081 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of Kinder Morgan by 2.1% during the 2nd quarter. NewEdge Advisors LLC now owns 270,876 shares of the pipeline company’s stock worth $7,964,000 after acquiring an additional 5,586 shares during the period. Nebula Research & Development LLC bought a new position in shares of Kinder Morgan during the 2nd quarter worth about $1,168,000. Finally, Sei Investments Co. lifted its holdings in shares of Kinder Morgan by 20.4% during the 2nd quarter. Sei Investments Co. now owns 861,465 shares of the pipeline company’s stock worth $25,328,000 after acquiring an additional 145,806 shares during the period. 62.52% of the stock is currently owned by institutional investors.

Kinder Morgan Price Performance

Shares of KMI stock opened at $34.36 on Wednesday. The stock’s fifty day simple moving average is $32.75 and its 200 day simple moving average is $30.09. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.52 and a quick ratio of 0.41. The firm has a market cap of $76.44 billion, a price-to-earnings ratio of 23.06, a P/E/G ratio of 2.89 and a beta of 0.56. Kinder Morgan, Inc. has a one year low of $25.60 and a one year high of $34.81.

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

Kinder Morgan Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Monday, May 4th were given a $0.2975 dividend. This represents a $1.19 annualized dividend and a yield of 3.5%. The ex-dividend date was Monday, May 4th. This is a positive change from Kinder Morgan’s previous quarterly dividend of $0.29. Kinder Morgan’s dividend payout ratio is presently 79.87%.

Insider Buying and Selling at Kinder Morgan

In other Kinder Morgan news, VP Michael P. Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction on Monday, May 18th. The stock was 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 owned 43,293 shares in the company, valued at approximately $1,456,809.45. The trade was a 3.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John W. Schlosser sold 6,166 shares of Kinder Morgan stock in a transaction on Monday, April 6th. The shares were sold at an average price of $32.93, for a total value of $203,046.38. Following the completion of the transaction, the vice president owned 182,706 shares of the company’s stock, valued at approximately $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. In the last quarter, insiders sold 23,148 shares of company stock valued at $763,434. Corporate insiders own 12.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on KMI shares. Royal Bank Of Canada raised their price objective on shares of Kinder Morgan from $32.00 to $35.00 and gave the stock a “sector perform” rating in a report on Monday, March 30th. Mizuho raised their price objective on shares of Kinder Morgan from $31.00 to $37.00 and gave the stock an “outperform” rating in a report on Thursday, March 5th. Stifel Nicolaus boosted their price target on Kinder Morgan from $30.00 to $33.00 and gave the company a “hold” rating in a research note on Friday, March 13th. Citigroup boosted their price target on Kinder Morgan from $28.00 to $33.00 and gave the company a “neutral” rating in a research note on Monday, March 30th. Finally, Weiss Ratings raised Kinder Morgan from a “buy (b)” rating to a “buy (a-)” rating in a research note on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, Kinder Morgan has an average rating of “Moderate Buy” and a consensus target price of $34.20.

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.