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 |
