Kinder Morgan stock is trading -11.02% below its average target price of $19.88 after marking a 1.2% 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 $12.0 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 1.7%. The stock's short ratio is 2.38. The company's insiders own 12.73% 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 64.2%. In conclusion, we believe there is positive market sentiment regarding Kinder Morgan.
Institutions Invested in Kinder Morgan
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 8% | 172,501,796 | $3,051,556,863 |
| 2023-09-30 | Blackrock Inc. | 7% | 150,645,880 | $2,664,925,697 |
| 2023-09-30 | State Street Corporation | 6% | 130,771,915 | $2,313,355,246 |
| 2023-09-30 | Bank of America Corporation | 3% | 63,524,067 | $1,123,740,779 |
| 2023-09-30 | Geode Capital Management, LLC | 2% | 38,480,870 | $680,726,610 |
| 2023-09-30 | Charles Schwab Investment Management, Inc. | 1% | 29,869,687 | $528,394,778 |
| 2023-09-30 | JP Morgan Chase & Company | 1% | 29,211,203 | $516,746,196 |
| 2023-09-30 | Price (T.Rowe) Associates Inc | 1% | 28,466,994 | $503,581,139 |
| 2023-09-30 | Northern Trust Corporation | 1% | 22,297,204 | $394,437,550 |
| 2023-09-30 | Invesco Ltd. | 1% | 21,438,556 | $379,248,067 |
