Kinder Morgan (KMI) has remained resilient despite the market’s volatility, which has sparked interest among investors and financial advisories resulting in major stock transactions.
Farmers Trust Co., Two Sigma Advisers LP, Mackenzie Financial Corp, B. Riley Wealth Advisors Inc., Centre Asset Management LLC, Montchanin Asset Management LLC and Royal Bank of Canada divested their positions, while
Wealth Enhancement Advisory Services LLC, Lansforsakringar Fondforvaltning AB publ, Siemens Fonds Invest GmbH, Integrated Advisors Network LLC, Deutsche Bank AG UBS ASSET MANAGEMENT AMERICAS LLC, Rep. Gilbert Cisneros, Jr., Man Group plc, Raiffeisen Bank International AG, CoreCap Advisors and Nuveen Asset Management among others strengthened their stakes in the company. Amid
strong institutional backing and expectations for a positive
quarter one earnings report updates, KMI was rated as a
'Moderate Buy.' However, concerns of the upcoming cash taxes hitting the distributable cash flow progress exist. Despite bearish market conditions, KMI has witnessed a 52.7% surge over the year. Optimism about KMI hinges on predictions of continued strong demand for
natural gas. However, caution is advised, with concerns about
Artificial Intelligence impacting stock value and the sustainability of the crude oil price of $60.
Kinder Morgan KMI News Analytics from Sat, 04 Jan 2025 08:00:00 GMT to Sat, 31 May 2025 10:16:19 GMT -
Rating 6
- Innovation 4
- Information 7
- Rumor -3
