KMI Was Down Today. What Is Up?

Kinder Morgan stock is trading -14.57% below its average target price of $20.32 after dropping -1.1% during today's evening session. Analysts are giving the large-cap Oil & Gas Transportation and Processing company an average rating of hold and target prices ranging from $18.0 to $23.0 per share.

Kinder Morgan's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.1%. The stock's short ratio is 2.87. The company's insiders own 12.69% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 64.4%. In conclusion, we believe there is mixed market sentiment regarding Kinder Morgan.

Institutions Invested in Kinder Morgan

Date Reported Holder Percentage Shares Value
2023-03-31 Vanguard Group Inc 8% 174,361,512 $3,026,915,954
2023-03-31 Blackrock Inc. 7% 158,106,227 $2,744,724,197
2023-03-31 State Street Corporation 6% 137,873,544 $2,393,484,807
2023-03-31 Bank of America Corporation 3% 62,349,245 $1,082,382,931
2023-03-31 Geode Capital Management, LLC 2% 37,254,585 $646,739,618
2023-03-31 Price (T.Rowe) Associates Inc 2% 36,729,560 $637,625,184
2023-03-31 JP Morgan Chase & Company 1% 29,798,897 $517,308,870
2023-03-31 Charles Schwab Investment Management, Inc. 1% 29,548,563 $512,963,071
2023-03-31 Orbis Allan Gray Ltd 1% 26,311,549 $456,768,506
2023-03-31 Northern Trust Corporation 1% 23,047,047 $400,096,749
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.