Institutions boosted stakes in Kinder Morgan despite earnings miss, maintaining a $0.2875 quarterly dividend.

Several institutions increased their stakes in Kinder Morgan during the third quarter, including Chase Investment Counsel Corporation and Community Bank & Trust. Despite a slight miss in earnings and lower revenue, Kinder Morgan reported earnings of $0.25 per share and announced a quarterly dividend of $0.2875, yielding 4.23%. Analysts have a "Moderate Buy" rating on the stock with an average price target of $25.09.

November 13, 2024
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