Kinder Morgan (NYSE:KMI) Shares Unloaded Rep. Dwight Evans

Representative Dwight Evans (D-Pennsylvania) recently sold shares of Kinder Morgan, Inc. NYSE: KMI. In a filing disclosed on April 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Kinder Morgan stock on April 3rd. The trade occurred in the Representative's "CETERA" account.

Representative Dwight Evans also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Quanta Services NYSE: PWR on 4/3/2025.
• Sold $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 4/3/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/3/2025.
• Purchased $1,001 - $15,000 in shares of Intel NASDAQ: INTC on 4/3/2025.
• Sold $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 4/3/2025.
• Sold $1,001 - $15,000 in shares of American Tower NYSE: AMT on 4/3/2025.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 4/3/2025.
• Sold $1,001 - $15,000 in shares of ONEOK NYSE: OKE on 4/3/2025.
• Purchased $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 4/3/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 4/3/2025.

Kinder Morgan Stock Up 3.1 %

Shares of KMI stock traded up $0.81 during trading hours on Tuesday, reaching $26.60. 17,399,501 shares of the company's stock were exchanged, compared to its average volume of 13,941,810. Kinder Morgan, Inc. has a fifty-two week low of $18.13 and a fifty-two week high of $31.48. The stock's 50 day moving average is $26.94 and its 200-day moving average is $26.97. The company has a current ratio of 0.49, a quick ratio of 0.39 and a debt-to-equity ratio of 0.94. The company has a market cap of $59.11 billion, a price-to-earnings ratio of 22.74, a P/E/G ratio of 3.08 and a beta of 0.72.

Kinder Morgan (NYSE:KMI - Get Free Report) last announced its earnings results on Wednesday, April 16th. The pipeline company reported $0.34 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.34. The company had revenue of $4.24 billion for the quarter, compared to analyst estimates of $4.02 billion. Kinder Morgan had a return on equity of 8.09% and a net margin of 17.31%. Analysts predict that Kinder Morgan, Inc. will post 1.25 earnings per share for the current fiscal year.

Kinder Morgan Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be paid a $0.2925 dividend. This represents a $1.17 annualized dividend and a yield of 4.40%. This is an increase from Kinder Morgan's previous quarterly dividend of $0.29. The ex-dividend date is Wednesday, April 30th. Kinder Morgan's dividend payout ratio (DPR) is 99.14%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Morgan Stanley lifted their target price on shares of Kinder Morgan from $24.00 to $36.00 in a research note on Thursday, January 23rd. UBS Group lifted their price objective on shares of Kinder Morgan from $34.00 to $38.00 and gave the stock a "buy" rating in a research note on Monday, January 27th. Barclays raised Kinder Morgan from an "equal weight" rating to an "overweight" rating and set a $31.00 target price on the stock in a research report on Monday, March 3rd. Truist Financial boosted their price target on Kinder Morgan from $25.00 to $31.00 and gave the company a "hold" rating in a research note on Thursday, January 23rd. Finally, Citigroup increased their price objective on Kinder Morgan from $25.00 to $28.00 and gave the company a "neutral" rating in a report on Wednesday, January 29th. Seven research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $29.64.

Institutional Investors Weigh In On Kinder Morgan

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Barclays PLC increased its holdings in Kinder Morgan by 39.9% in the third quarter. Barclays PLC now owns 8,186,207 shares of the pipeline company's stock valued at $180,833,000 after buying an additional 2,334,273 shares in the last quarter. World Investment Advisors LLC acquired a new position in Kinder Morgan in the 3rd quarter worth about $826,000. Wilmington Savings Fund Society FSB purchased a new position in Kinder Morgan during the third quarter worth approximately $386,000. Blankinship & Foster LLC increased its position in shares of Kinder Morgan by 128.4% in the third quarter. Blankinship & Foster LLC now owns 46,900 shares of the pipeline company's stock valued at $1,036,000 after buying an additional 26,363 shares in the last quarter. Finally, Synovus Financial Corp raised its stake in shares of Kinder Morgan by 1.7% during the 3rd quarter. Synovus Financial Corp now owns 103,618 shares of the pipeline company's stock worth $2,289,000 after buying an additional 1,769 shares during the period. Institutional investors and hedge funds own 62.52% of the company's stock.

Insider Activity at Kinder Morgan

In other Kinder Morgan news, President Thomas A. Martin sold 18,000 shares of the stock in a transaction on Wednesday, February 5th. The shares were sold at an average price of $27.70, for a total transaction of $498,600.00. Following the transaction, the president now directly owns 843,652 shares of the company's stock, valued at $23,369,160.40. This trade represents a 2.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP John W. Schlosser sold 75,461 shares of the business's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $26.65, for a total transaction of $2,011,035.65. Following the sale, the vice president now directly owns 220,681 shares of the company's stock, valued at $5,881,148.65. This represents a 25.48 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 129,461 shares of company stock valued at $3,506,116. 12.73% of the stock is owned by company insiders.

About Representative Evans

Dwight Evans (Democratic Party) is a member of the U.S. House, representing Pennsylvania's 3rd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027. Evans (Democratic Party) is running for re-election to the U.S. House to represent Pennsylvania's 3rd Congressional District. He declared candidacy for the 2026 election. Evans earned his A.A. from the Community College of Philadelphia in 1973 and his bachelor's degree from La Salle College in 1975. He then attended Graduate Work at Temple University from 1975 to 1976. His professional experience includes working as an employment counselor/job developer for the Urban League of Philadelphia and as a teacher in the Philadelphia Public School System.

Kinder Morgan Company Profile

Kinder Morgan, Inc operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities.