--- title: "Bank of New York Mellon Corp Has $379.42 Million Stock Holdings in Kinder Morgan, Inc. $KMI" type: "News" locale: "en" url: "https://longbridge.com/en/news/296675260.md" description: "Bank of New York Mellon Corp reduced its Kinder Morgan holdings by 3.9% in Q2, retaining 11.87 million shares valued at $379.42 million. Other institutions like Evolution Wealth Management significantly increased stakes. Kinder Morgan recently reported strong quarterly earnings, beating estimates with $0.37 EPS and $4.48 billion revenue. The company also announced a $0.2975 quarterly dividend. Analyst ratings remain mixed, with a consensus 'Hold' rating and an average price target of $35.50." datetime: "2026-08-22T07:18:43.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296675260.md) - [en](https://longbridge.com/en/news/296675260.md) - [zh-HK](https://longbridge.com/zh-HK/news/296675260.md) generator: "portal-rs" --- # Bank of New York Mellon Corp Has $379.42 Million Stock Holdings in Kinder Morgan, Inc. $KMI Bank of New York Mellon Corp trimmed its holdings in shares of Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 3.9% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 11,868,053 shares of the pipeline company's stock after selling 484,233 shares during the quarter. Bank of New York Mellon Corp owned 0.53% of Kinder Morgan worth $379,422,000 as of its most recent filing with the SEC. Get **Kinder Morgan** alerts: - Plugging In: How Kinder Morgan Powers Up Profits Other institutional investors have also recently bought and sold shares of the company. Evolution Wealth Management Inc. raised its stake in shares of Kinder Morgan by 4,166.7% in the 2nd quarter. Evolution Wealth Management Inc. now owns 768 shares of the pipeline company's stock valued at $25,000 after purchasing an additional 750 shares during the period. Commonwealth Retirement Investments LLC bought a new position in shares of Kinder Morgan during the fourth quarter worth about $27,000. Frazier Financial Advisors LLC bought a new position in shares of Kinder Morgan during the first quarter worth about $28,000. Acumen Wealth Advisors LLC acquired a new stake in Kinder Morgan in the 4th quarter valued at approximately $28,000. Finally, Basepoint Wealth LLC bought a new stake in Kinder Morgan in the 4th quarter valued at approximately $30,000. Institutional investors own 62.52% of the company's stock. ## Kinder Morgan Stock Performance NYSE KMI opened at $30.99 on Friday. The firm has a 50-day moving average price of $32.03 and a two-hundred day moving average price of $32.31. Kinder Morgan, Inc. has a 12-month low of $25.60 and a 12-month high of $34.81. The company has a market capitalization of $69.01 billion, a P/E ratio of 19.87, a P/E/G ratio of 2.47 and a beta of 0.54. The company has a quick ratio of 0.36, a current ratio of 0.46 and a debt-to-equity ratio of 0.91. - 3 Dividend Stocks with Growth on Tap for the Second Half Kinder Morgan (NYSE:KMI - Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The pipeline company reported $0.37 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.06. The company had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.22 billion. Kinder Morgan had a net margin of 19.31% and a return on equity of 10.46%. The firm's quarterly revenue was up 10.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.28 earnings per share. Kinder Morgan has set its FY 2026 guidance at 1.360-1.360 EPS. Analysts anticipate that Kinder Morgan, Inc. will post 1.55 earnings per share for the current year. ## Kinder Morgan Announces Dividend The business also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.2975 per share. This represents a $1.19 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, August 3rd. Kinder Morgan's dividend payout ratio is 76.28%. ## Analyst Ratings Changes - Pipelines and Automation: 2 Energy Plays Built for Any Oil Price KMI has been the subject of several research reports. Wells Fargo & Company raised their price target on shares of Kinder Morgan from $35.00 to $36.00 and gave the stock an "overweight" rating in a research note on Thursday, July 23rd. Citigroup reissued a "neutral" rating on shares of Kinder Morgan in a research report on Wednesday, July 29th. UBS Group reaffirmed a "buy" rating and issued a $43.00 target price on shares of Kinder Morgan in a research report on Monday, June 15th. Zacks Research cut shares of Kinder Morgan from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, June 23rd. Finally, The Goldman Sachs Group restated a "buy" rating on shares of Kinder Morgan in a research note on Wednesday, June 10th. Eight equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, Kinder Morgan presently has a consensus rating of "Hold" and a consensus target price of $35.50. **Read Our Latest Stock Report on Kinder Morgan** ## Insider Buying and Selling at Kinder Morgan In related news, VP Michael P. Garthwaite sold 1,550 shares of the company's stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $31.44, for a total transaction of $48,732.00. Following the completion of the sale, the vice president owned 41,743 shares of the company's stock, valued at $1,312,399.92. This represents a 3.58% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP John W. Schlosser sold 6,166 shares of the stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $31.90, for a total transaction of $196,695.40. Following the sale, the vice president owned 164,208 shares in the company, valued at $5,238,235.20. The trade was a 3.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 13,882 shares of company stock worth $441,691. 12.72% of the stock is currently owned by insiders. ## Kinder Morgan Company Profile (Free Report) 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. ## Featured Stories - Five stocks we like better than Kinder Morgan - Blueprint for a Boom: SEC Clears the Crypto Runway - Ross Stores Just Flipped the Off-Price Retail Story After TJX's Marmaxx Miss - Advance Auto Parts Plunged, But Its Turnaround Is Still Working - Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates? *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Kinder Morgan Right Now? Before you consider Kinder Morgan, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kinder Morgan wasn't on the list. While Kinder Morgan currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. 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