National Bank Financial Weighs in on Pembina Pipeline Co.’s FY2025 Earnings (NYSE:PBA)

Pembina Pipeline Co. (NYSE:PBA) (TSE:PPL) – Equities research analysts at National Bank Financial lowered their FY2025 EPS estimates for Pembina Pipeline in a research report issued to clients and investors on Wednesday, June 26th. National Bank Financial analyst P. Kenny now expects that the pipeline company will earn $2.58 per share for the year, down from their previous estimate of $2.60. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.32 per share.

Pembina Pipeline (NYSE:PBA) (TSE:PPL) last announced its earnings results on Thursday, May 9th. The pipeline company reported $0.54 earnings per share for the quarter, meeting the consensus estimate of $0.54. Pembina Pipeline had a return on equity of 13.33% and a net margin of 21.61%. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.83 billion.

Several other analysts have also recently commented on the stock. TheStreet upgraded shares of Pembina Pipeline from a “c” rating to a “b-” rating in a research note on Thursday, February 29th. CIBC raised their price objective on shares of Pembina Pipeline from $56.00 to $57.00 and gave the company an “outperformer” rating in a research report on Friday, April 19th. StockNews.com cut Pembina Pipeline from a “buy” rating to a “hold” rating in a research report on Monday, May 13th. Finally, Scotiabank cut Pembina Pipeline from a “strong-buy” rating to a “hold” rating in a report on Sunday, May 19th. Three analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to MarketBeat.com, Pembina Pipeline has a consensus rating of “Hold” and an average price target of $52.00.

Pembina Pipeline Stock Performance

NYSE:PBA opened at $37.19 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.03 and a quick ratio of 0.93. The firm has a market cap of $21.57 billion, a price-to-earnings ratio of 16.17, a price-to-earnings-growth ratio of 5.28 and a beta of 1.24. The firm’s fifty day moving average price is $36.38 and its 200 day moving average price is $35.15. Pembina Pipeline has a 1-year low of $28.15 and a 1-year high of $37.67.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the company. DekaBank Deutsche Girozentrale boosted its position in shares of Pembina Pipeline by 5.6% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 2,182,889 shares of the pipeline company’s stock worth $76,279,000 after buying an additional 116,089 shares in the last quarter. Granite Group Advisors LLC raised its position in Pembina Pipeline by 5.2% during the first quarter. Granite Group Advisors LLC now owns 6,719 shares of the pipeline company’s stock worth $237,000 after acquiring an additional 330 shares during the last quarter. Cetera Advisors LLC lifted its holdings in shares of Pembina Pipeline by 248.9% in the first quarter. Cetera Advisors LLC now owns 31,948 shares of the pipeline company’s stock valued at $1,129,000 after purchasing an additional 22,790 shares in the last quarter. Cetera Investment Advisers grew its position in shares of Pembina Pipeline by 105.1% in the first quarter. Cetera Investment Advisers now owns 48,237 shares of the pipeline company’s stock valued at $1,705,000 after purchasing an additional 24,717 shares during the last quarter. Finally, Zimmer Partners LP increased its stake in shares of Pembina Pipeline by 177.8% during the 1st quarter. Zimmer Partners LP now owns 625,000 shares of the pipeline company’s stock worth $22,062,000 after purchasing an additional 400,000 shares in the last quarter. Hedge funds and other institutional investors own 55.37% of the company’s stock.

Pembina Pipeline Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 17th will be given a dividend of $0.501 per share. This represents a $2.00 dividend on an annualized basis and a yield of 5.39%. This is an increase from Pembina Pipeline’s previous quarterly dividend of $0.49. The ex-dividend date of this dividend is Monday, June 17th. Pembina Pipeline’s payout ratio is presently 86.96%.

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.