Kinder Morgan stock is trading -13.29% below its average target price of $20.47 after marking a 1.0% 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 $17.0 to $23.0 per share.
The stock has a very low short interest at 1.6%, and a short ratio of 2.18. The company's insiders own 12.69% 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 64.4% of Kinder Morgan's shares being owned by this investor type.
Institutions Invested in Kinder Morgan
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 8% | 172,501,796 | $3,061,906,879 |
| 2023-09-30 | Blackrock Inc. | 7% | 150,645,880 | $2,673,964,370 |
| 2023-09-30 | State Street Corporation | 6% | 130,771,915 | $2,321,201,491 |
| 2023-09-30 | Bank of America Corporation | 3% | 63,524,067 | $1,127,552,189 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 38,480,870 | $683,035,442 |
| 2023-09-30 | Charles Schwab Investment Management, Inc. | 1% | 29,869,687 | $530,186,944 |
| 2023-09-30 | JP Morgan Chase & Company | 1% | 29,211,203 | $518,498,853 |
| 2023-09-30 | Price (T.Rowe) Associates Inc | 1% | 28,466,994 | $505,289,143 |
| 2023-09-30 | Northern Trust Corporation | 1% | 22,297,204 | $395,775,371 |
| 2023-09-30 | Invesco Ltd. | 1% | 21,438,556 | $380,534,369 |
Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on Kinder Morgan.
