Kinder Morgan Holds Rating as Analysts Trim Targets, Insiders Sell

Institutional investors adjusted their stakes in Kinder Morgan (NYSE:KMI) in the first quarter, with Elevation Point Wealth Partners increasing its holding by 23.2% to 221,742 shares valued at about $7.4 million. Other large holders such as Norges Bank and AQR Capital Management also reported new or increased positions.

A consensus of 19 brokerages rates the stock as a "Hold," assigning an average one‑year price objective of $34.71. Recent analyst actions include Jefferies lowering its target to $34, Zacks moving from "strong‑buy" to "hold," and Truist initiating coverage with a $38 target. The company posted Q1 earnings of $0.48 EPS, beating estimates, and announced a higher quarterly dividend of $0.2975 per share. Insider transactions saw Vice President Michael P. Garthwait selling 1,550 shares and Vice President John W. Schlosser selling 6,166 shares under pre‑arranged 10b5‑1 plans.