KMI

KMI Shares In Range of 52 Week High

This afternoon we watched Kinder Morgan rise 1.1% to a price of $17.07 per share. The large-cap Oil & Gas Transportation and Processing company is now trading -16.22% below its average target price of $20.38. Analysts have set target prices ranging from $18.0 to $24.0 per share for Kinder Morgan, and have given the stock an average rating of hold.

The stock has an average amount of shares sold short at 2.1%, and a short ratio of 3.05. The company's insiders own 12.66% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 64.3% of Kinder Morgan's shares being owned by this investor type.

Institutions Invested in Kinder Morgan

Date Reported Holder Percentage Shares Value
2023-03-31 Vanguard Group, Inc. (The) 8% 174,361,460 $2,977,222,062
2023-03-31 Blackrock Inc. 7% 158,106,227 $2,699,663,946
2023-03-31 State Street Corporation 6% 137,873,544 $2,354,190,868
2023-03-31 Bank of America Corporation 3% 62,349,245 $1,064,613,405
2023-03-31 Geode Capital Management, LLC 2% 37,254,585 $636,122,067
2023-03-31 Price (T.Rowe) Associates Inc 2% 36,729,560 $627,157,265
2023-03-31 JP Morgan Chase & Company 1% 29,798,897 $508,816,189
2023-03-31 Charles Schwab Investment Management, Inc. 1% 29,548,563 $504,541,735
2023-03-31 Orbis Allan Gray Ltd 1% 26,311,549 $449,269,719
2023-03-31 Northern Trust Corporation 1% 23,047,047 $393,528,345

Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Kinder Morgan.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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