Pembina Pipeline Co. (NYSE:PBA – Free Report) (TSE:PPL) – Stock analysts at National Bank Financial dropped their FY2025 EPS estimates for Pembina Pipeline in a note issued to investors on Monday, January 6th. National Bank Financial analyst P. Kenny now forecasts that the pipeline company will earn $2.44 per share for the year, down from their prior estimate of $2.61. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.25 per share. National Bank Financial also issued estimates for Pembina Pipeline’s FY2026 earnings at $2.57 EPS and FY2027 earnings at $2.60 EPS.
Several other research firms have also recently issued reports on PBA. Wells Fargo & Company cut Pembina Pipeline from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 18th. Raymond James initiated coverage on shares of Pembina Pipeline in a research report on Friday, October 11th. They set an “outperform” rating for the company. Finally, Barclays began coverage on shares of Pembina Pipeline in a research note on Thursday, December 12th. They issued an “overweight” rating for the company. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, Pembina Pipeline has a consensus rating of “Hold” and an average price target of $56.50.
Pembina Pipeline Trading Up 0.9 %
NYSE PBA opened at $36.96 on Thursday. 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 stock has a market cap of $21.46 billion, a P/E ratio of 15.27 and a beta of 1.25. Pembina Pipeline has a 12 month low of $32.81 and a 12 month high of $43.44. The stock’s fifty day moving average price is $39.37 and its 200-day moving average price is $39.65.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of the business. Versant Capital Management Inc purchased a new position in shares of Pembina Pipeline in the 4th quarter worth $27,000. JPMorgan Chase & Co. grew its position in Pembina Pipeline by 18.2% in the third quarter. JPMorgan Chase & Co. now owns 4,049,470 shares of the pipeline company’s stock worth $167,000,000 after acquiring an additional 624,958 shares in the last quarter. Franklin Resources Inc. increased its stake in Pembina Pipeline by 14.2% during the third quarter. Franklin Resources Inc. now owns 1,024,065 shares of the pipeline company’s stock worth $44,518,000 after acquiring an additional 127,027 shares during the last quarter. Geode Capital Management LLC increased its stake in Pembina Pipeline by 10.2% during the third quarter. Geode Capital Management LLC now owns 2,715,428 shares of the pipeline company’s stock worth $113,531,000 after acquiring an additional 251,982 shares during the last quarter. Finally, Barclays PLC raised its position in Pembina Pipeline by 86.5% during the third quarter. Barclays PLC now owns 53,970 shares of the pipeline company’s stock valued at $2,226,000 after purchasing an additional 25,031 shares during the period. 55.37% of the stock is owned by hedge funds and other institutional investors.
Pembina Pipeline Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were given a dividend of $0.69 per share. 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 7.47%. The ex-dividend date of this dividend was Monday, December 16th. Pembina Pipeline’s dividend payout ratio is currently 84.30%.
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.
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