Fideuram - Intesa Sanpaolo Private Banking S.P.A. 13F: Cuts KMI Stake by $7.8M

Fideuram - Intesa Sanpaolo Private Banking S.P.A. reduced its holdings in Kinder Morgan, Inc. NYSE:KMI by 259,398 shares during the quarter, according to a Form 13F filing with the Securities and Exchange Commission on October 22, 2026.

KMI Kinder Morgan, Inc.

$33.97 ▲ +26.10% year to date

1M 3M YTD

Daily close · Oct 21, 2026

What Changed in Fideuram - Intesa Sanpaolo Private Banking S.P.A.'s Kinder Morgan Position

The fund trimmed its position by 51.9%, bringing its total down to 240,382 shares. The remaining stake carried a reported value of $7,247,516 at the end of the period, down from its prior holding of 499,780 shares.

Kinder Morgan, Inc. Stock Up 1.7%

Kinder Morgan shares recently traded around $33.97 as of October 23, 2026, up about 0.7% from an event close of $33.72. The stock holds steady above its key moving averages and trades near the upper end of its 52-week range of $25.60 to $34.81.

Recent Earnings

Kinder Morgan pulled in trailing twelve-month revenues of $18.0 billion and reported earnings of $1.55 per share. Profitability metrics include a net margin of 19.3% and a return on equity of 11.0%.

Dividend

Investors receive an annual dividend payment of $1.18 per share, which translates to a yield of 3.53%. The company allocates 75.8% of its earnings toward these payouts.

Insider Buying and Selling at Kinder Morgan, Inc.

Company insiders executed several stock sales leading up to the filing. Michael P. Garthwaite made four separate sales of 1,550 shares each. He sold shares on July 16, 2026, at $32.52 per share for $50,400; on August 17, 2026, at $32.65 per share for $50,612; and two transactions on October 16, 2026, at $33.65 per share for $52,153 each, with one of the October sales executed under a pre-arranged Rule 10b5-1 trading plan.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock around the filing date. Jefferies maintained a hold rating and raised its target from $33.00 to $37.00 on October 22, 2026. Freedom Broker upgraded the stock to buy on the same day, lifting its target from $34.00 to $39.00. BMO Capital kept an outperform rating with a target raised from $36.00 to $37.00. Wells Fargo maintained an overweight rating while pushing its target from $36.00 to $39.00, and TD Cowen kept a buy rating with a target increase from $38.00 to $40.00. Across the broader analyst community, the stock holds a consensus buy rating and a mean price target of $36.09.

About Kinder Morgan

Kinder Morgan, Inc. operates as an energy infrastructure business across North America. Based in Houston, Texas, the company manages pipelines and terminals that transport natural gas, refined petroleum products, and carbon dioxide.

Bottom Line

Institutional adjustments and insider transactions offer a look at how major players position themselves in the energy sector. Market watchers will keep an eye on upcoming financial reports to gauge whether pipeline volumes and earnings growth support higher share price targets.