Atb Cap Markets Has Positive Estimate for PBA Q1 Earnings

Pembina Pipeline Co. (NYSE:PBA - Free Report) TSE: PPL - Equities research analysts at Atb Cap Markets upped their Q1 2025 earnings estimates for shares of Pembina Pipeline in a note issued to investors on Wednesday, April 23rd. Atb Cap Markets analyst N. Heywood now expects that the pipeline company will earn $0.58 per share for the quarter, up from their previous forecast of $0.53. The consensus estimate for Pembina Pipeline's current full-year earnings is $2.15 per share. Atb Cap Markets also issued estimates for Pembina Pipeline's FY2025 earnings at $2.31 EPS.

A number of other brokerages have also recently commented on PBA. Citigroup upgraded Pembina Pipeline from a "neutral" rating to a "buy" rating in a research note on Monday, March 10th. TD Securities initiated coverage on shares of Pembina Pipeline in a research note on Wednesday, January 15th. They set a "buy" rating on the stock. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $56.00.

Pembina Pipeline Stock Performance

Shares of Pembina Pipeline stock traded down $0.29 during trading hours on Monday, hitting $38.56. 616,998 shares of the company's stock traded hands, compared to its average volume of 1,267,405. The company has a fifty day simple moving average of $38.07 and a 200-day simple moving average of $38.68. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.65 and a quick ratio of 0.51. The stock has a market capitalization of $22.40 billion, a price-to-earnings ratio of 15.93 and a beta of 0.89. Pembina Pipeline has a 12-month low of $34.13 and a 12-month high of $43.44.

Institutional Investors Weigh In On Pembina Pipeline

Several hedge funds have recently bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its holdings in shares of Pembina Pipeline by 4.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 321,387 shares of the pipeline company's stock worth $12,865,000 after acquiring an additional 12,515 shares during the last quarter. Hexagon Capital Partners LLC boosted its stake in Pembina Pipeline by 17.0% in the first quarter. Hexagon Capital Partners LLC now owns 2,397 shares of the pipeline company's stock worth $96,000 after buying an additional 349 shares in the last quarter. Catalyst Capital Advisors LLC grew its position in Pembina Pipeline by 18.0% during the first quarter. Catalyst Capital Advisors LLC now owns 445,057 shares of the pipeline company's stock valued at $17,816,000 after acquiring an additional 67,797 shares during the last quarter. Checchi Capital Advisers LLC raised its stake in shares of Pembina Pipeline by 8.7% during the first quarter. Checchi Capital Advisers LLC now owns 7,023 shares of the pipeline company's stock worth $281,000 after acquiring an additional 564 shares in the last quarter. Finally, First Horizon Advisors Inc. boosted its stake in shares of Pembina Pipeline by 69.9% in the 1st quarter. First Horizon Advisors Inc. now owns 673 shares of the pipeline company's stock valued at $27,000 after purchasing an additional 277 shares in the last quarter. 55.37% of the stock is currently owned by institutional investors.

Pembina Pipeline Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Monday, March 17th were issued a dividend of $0.4783 per share. This represents a $1.91 annualized dividend and a dividend yield of 4.96%. The ex-dividend date of this dividend was Monday, March 17th. Pembina Pipeline's payout ratio is 86.76%.

Pembina Pipeline Company Profile

Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.9 millions of barrels of oil equivalent per day, the ground storage capacity of 10 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America.