Rollins Financial Advisors LLC Sells 17,511 Shares of Kinder Morgan, Inc. $KMI

Rollins Financial Advisors LLC cut its position in Kinder Morgan, Inc. (NYSE:KMI) by 9.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 163,320 shares of the pipeline company’s stock after selling 17,511 shares during the quarter. Rollins Financial Advisors LLC’s holdings in Kinder Morgan were worth $4,490,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in KMI. Board of the Pension Protection Fund bought a new position in shares of Kinder Morgan in the fourth quarter valued at $27,000. Dorato Capital Management bought a new position in shares of Kinder Morgan in the fourth quarter valued at $30,000. Strategic Advocates LLC bought a new position in shares of Kinder Morgan in the third quarter valued at $32,000. Torren Management LLC bought a new position in shares of Kinder Morgan in the fourth quarter valued at $32,000. Finally, Lodestone Wealth Management LLC bought a new position in shares of Kinder Morgan in the fourth quarter valued at $33,000. 62.52% of the stock is owned by institutional investors.

Insider Transactions at Kinder Morgan

In other news, VP Michael P. Garthwaite sold 1,550 shares of Kinder Morgan stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $31.72, for a total transaction of $49,166.00. Following the completion of the sale, the vice president owned 44,843 shares of the company’s stock, valued at approximately $1,422,419.96. This trade represents a 3.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 Tuesday, May 5th. The stock was sold at an average price of $32.41, for a total value of $199,840.06. Following the sale, the vice president directly owned 176,540 shares of the company’s stock, valued at $5,721,661.40. This represents a 3.37% 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. Over the last 90 days, insiders sold 29,598 shares of company stock valued at $966,877. 12.72% of the stock is currently owned by corporate insiders.

Kinder Morgan Trading Up 0.6%

Shares of Kinder Morgan stock opened at $32.45 on Wednesday. The business has a fifty day simple moving average of $32.76 and a two-hundred day simple moving average of $29.82. Kinder Morgan, Inc. has a 1 year low of $25.60 and a 1 year high of $34.73. The company has a market capitalization of $72.20 billion, a price-to-earnings ratio of 21.78, a P/E/G ratio of 2.76 and a beta of 0.56. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.52 and a quick ratio of 0.41.

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

Kinder Morgan Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Monday, May 4th will be issued a dividend of $0.2975 per share. This is an increase from Kinder Morgan’s previous quarterly dividend of $0.29. This represents a $1.19 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Monday, May 4th. Kinder Morgan’s payout ratio is 79.87%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Jefferies Financial Group cut their price target on Kinder Morgan from $36.00 to $34.00 and set a “hold” rating for the company in a report on Thursday, April 23rd. Wolfe Research downgraded Kinder Morgan from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Royal Bank Of Canada raised their price target on Kinder Morgan from $32.00 to $35.00 and gave the company a “sector perform” rating in a report on Monday, March 30th. Zacks Research raised Kinder Morgan from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 28th. Finally, Citigroup raised their price target on Kinder Morgan from $28.00 to $33.00 and gave the company a “neutral” rating in a report on Monday, March 30th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $34.20.

Kinder Morgan 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.