Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Kinder Morgan, Inc. (NYSE:KMI). In a filing disclosed on March 19th, the Representative disclosed that they had bought between $1,001 and $15,000 in Kinder Morgan stock on March 17th.
Representative Marjorie Taylor Greene also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 3/17/2025.
- Purchased $1,001 – $15,000 in shares of Cardinal Health (NYSE:CAH) on 3/17/2025.
- Purchased $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 3/17/2025.
- Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 3/17/2025.
- Purchased $1,001 – $15,000 in shares of Digital Realty Trust (NYSE:DLR) on 3/17/2025.
- Purchased $1,001 – $15,000 in shares of Caterpillar (NYSE:CAT) on 3/17/2025.
- Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 3/17/2025.
- Purchased $1,001 – $15,000 in shares of Applied Materials (NASDAQ:AMAT) on 3/17/2025.
- Purchased $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 3/17/2025.
- Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 3/17/2025.
Kinder Morgan Stock Up 0.8 %
KMI stock opened at $28.08 on Friday. The stock’s 50 day simple moving average is $27.58 and its 200 day simple moving average is $26.05. Kinder Morgan, Inc. has a fifty-two week low of $17.61 and a fifty-two week high of $31.48. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.39 and a current ratio of 0.49. The company has a market cap of $62.38 billion, a P/E ratio of 24.00, a price-to-earnings-growth ratio of 3.08 and a beta of 0.94.
Kinder Morgan Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd were paid a $0.2875 dividend. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.10%. The ex-dividend date of this dividend was Monday, February 3rd. Kinder Morgan’s dividend payout ratio is 98.29%.
Insider Activity at Kinder Morgan
In other Kinder Morgan news, VP John W. Schlosser sold 75,461 shares of the stock in a transaction on 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 owns 220,681 shares in the company, valued at $5,881,148.65. This represents a 25.48 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, President Thomas A. Martin sold 18,000 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $26.61, for a total value of $478,980.00. Following the sale, the president now owns 825,652 shares in the company, valued at approximately $21,970,599.72. This represents a 2.13 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 129,461 shares of company stock worth $3,490,996. Insiders own 12.64% of the company’s stock.
Hedge Funds Weigh In On Kinder Morgan
Several institutional investors have recently bought and sold shares of KMI. Norges Bank purchased a new position in Kinder Morgan in the fourth quarter valued at approximately $917,523,000. Raymond James Financial Inc. purchased a new position in Kinder Morgan in the fourth quarter valued at approximately $157,804,000. Blackstone Inc. lifted its stake in Kinder Morgan by 435.0% in the fourth quarter. Blackstone Inc. now owns 4,358,263 shares of the pipeline company’s stock valued at $119,416,000 after purchasing an additional 3,543,670 shares during the last quarter. Artisan Partners Limited Partnership purchased a new position in Kinder Morgan in the fourth quarter valued at approximately $87,729,000. Finally, Amundi lifted its stake in Kinder Morgan by 28.9% in the fourth quarter. Amundi now owns 11,819,777 shares of the pipeline company’s stock valued at $334,381,000 after purchasing an additional 2,650,040 shares during the last quarter. Hedge funds and other institutional investors own 62.52% of the company’s stock.
Analysts Set New Price Targets
A number of research firms recently weighed in on KMI. UBS Group upped their price target on Kinder Morgan from $34.00 to $38.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Mizuho upped their price target on Kinder Morgan from $31.00 to $33.00 and gave the stock an “overweight” rating in a research note on Thursday, January 23rd. Citigroup boosted their price objective on Kinder Morgan from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Wednesday, January 29th. Truist Financial boosted their price objective on Kinder Morgan from $25.00 to $31.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. Finally, Scotiabank started coverage on Kinder Morgan in a report on Friday, January 10th. They set a “sector perform” rating and a $26.00 price objective for the company. Seven research analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $29.64.
Check Out Our Latest Stock Report on KMI
About Representative Greene
Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia’s 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.
Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia’s 14th Congressional District. She declared candidacy for the 2026 election.
About Kinder Morgan
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.
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