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Kinder Morgan Inc (KMI) gets rating Upgrade from Barclays

In a filing, Kinder Morgan Inc revealed its Director MORGAN MICHAEL C unloaded Company’s shares for reported $4.3 million on Feb 19 ’25. In the deal valued at $26.85 per share,160,000 shares were sold. As a result of this transaction, MORGAN MICHAEL C now holds 285,087 shares worth roughly $7.69 million.

Then, Schlosser John W sold 75,461 shares, generating $2,010,953 in total proceeds. Upon selling the shares at $26.65, the V.P. (President, Terminals) now owns 220,681 shares.

Before that, MORGAN MICHAEL C bought 160,000 shares. Kinder Morgan Inc shares valued at $4,296,106 were divested by the Director at a price of $26.85 per share.

Barclays upgraded its Kinder Morgan Inc [KMI] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in early January with a ‘”a Sector perform”‘ rating. BofA Securities revised its rating on October 11, 2024. It rated KMI as “a Buy” which previously was an “a Neutral”.

Price Performance Review of KMI

On Tuesday, Kinder Morgan Inc [NYSE:KMI] saw its stock fall -0.55% to $26.99. Over the last five days, the stock has gained 3.41%. Kinder Morgan Inc shares have fallen nearly -1.50% since the year began. Nevertheless, the stocks have risen 55.20% over the past one year. While a 52-week high of $31.48 was reached on 01/21/25, a 52-week low of $17.42 was recorded on 02/25/25. SMA at 50 days reached $27.63, while 200 days put it at $23.82.

Levels Of Support And Resistance For KMI Stock

The 24-hour chart illustrates a support level at 26.55, which if violated will result in even more drops to 26.12. On the upside, there is a resistance level at 27.49. A further resistance level may holdings at 27.99. The Relative Strength Index (RSI) on the 14-day chart is 48.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.58%. Stochastics %K at 74.24% indicates the stock is a holding.

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