Pembina Pipeline Co. (NYSE:PBA - Free Report) TSE: PPL - Analysts at Scotiabank issued their FY2026 earnings estimates for shares of Pembina Pipeline in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst R. Hope expects that the pipeline company will post earnings per share of $2.32 for the year. The consensus estimate for Pembina Pipeline's current full-year earnings is $2.25 per share.
A number of other equities analysts have also weighed in on PBA. Raymond James began coverage on Pembina Pipeline in a research note on Friday, October 11th. They issued an "outperform" rating for the company. Wells Fargo & Company downgraded Pembina Pipeline from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, December 18th. Finally, Barclays started coverage on shares of Pembina Pipeline in a report on Thursday, December 12th. They set an "overweight" rating for the company. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $56.50.
Check Out Our Latest Stock Report on Pembina Pipeline
Pembina Pipeline Price Performance
Shares of PBA traded down $0.68 during trading hours on Friday, reaching $36.29. 1,052,716 shares of the stock traded hands, compared to its average volume of 1,299,036. Pembina Pipeline has a 52-week low of $32.81 and a 52-week high of $43.44. The company has a current ratio of 0.65, a quick ratio of 0.51 and a debt-to-equity ratio of 0.79. The company has a market cap of $21.07 billion, a P/E ratio of 15.00 and a beta of 1.25. The company's 50-day moving average price is $39.26 and its two-hundred day moving average price is $39.65.
Pembina Pipeline Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were issued a $0.69 dividend. The ex-dividend date was Monday, December 16th. This is an increase from Pembina Pipeline's previous quarterly dividend of $0.50. This represents a $2.76 dividend on an annualized basis and a dividend yield of 7.61%. Pembina Pipeline's payout ratio is 84.30%.
Hedge Funds Weigh In On Pembina Pipeline
A number of institutional investors and hedge funds have recently modified their holdings of PBA. Kingsview Wealth Management LLC raised its holdings in shares of Pembina Pipeline by 4.1% in the third quarter. Kingsview Wealth Management LLC now owns 6,947 shares of the pipeline company's stock worth $286,000 after buying an additional 273 shares during the period. CENTRAL TRUST Co grew its position in Pembina Pipeline by 65.0% in the 3rd quarter. CENTRAL TRUST Co now owns 825 shares of the pipeline company's stock valued at $34,000 after acquiring an additional 325 shares during the last quarter. Oppenheimer Asset Management Inc. increased its stake in Pembina Pipeline by 1.8% in the third quarter. Oppenheimer Asset Management Inc. now owns 18,675 shares of the pipeline company's stock worth $770,000 after purchasing an additional 334 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Pembina Pipeline by 30.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,668 shares of the pipeline company's stock worth $65,000 after purchasing an additional 387 shares during the last quarter. Finally, Gold Investment Management Ltd. lifted its position in shares of Pembina Pipeline by 4.2% during the third quarter. Gold Investment Management Ltd. now owns 11,001 shares of the pipeline company's stock worth $453,000 after purchasing an additional 439 shares during the last quarter. Hedge funds and other institutional investors own 55.37% of the company's stock.
About Pembina Pipeline
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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.
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