Pembina Pipeline Co. (NYSE:PBA – Free Report) (TSE:PPL) – Equities research analysts at Raymond James issued their FY2025 EPS estimates for Pembina Pipeline in a report released on Thursday, October 10th. Raymond James analyst M. Barth anticipates that the pipeline company will earn $2.52 per share for the year. Raymond James has a “Outperform” rating on the stock. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.42 per share. Raymond James also issued estimates for Pembina Pipeline’s FY2026 earnings at $2.60 EPS, FY2027 earnings at $2.69 EPS and FY2028 earnings at $3.02 EPS.
A number of other research firms have also commented on PBA. Citigroup lifted their price objective on shares of Pembina Pipeline from $53.00 to $56.00 and gave the company a “neutral” rating in a research note on Wednesday, August 28th. UBS Group began coverage on Pembina Pipeline in a research note on Wednesday, September 11th. They set a “neutral” rating for the company. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $56.50.
Pembina Pipeline Stock Performance
Shares of Pembina Pipeline stock opened at $42.71 on Monday. The firm’s fifty day simple moving average is $40.32 and its 200-day simple moving average is $37.91. Pembina Pipeline has a 12 month low of $30.05 and a 12 month high of $42.90. The stock has a market capitalization of $24.77 billion, a price-to-earnings ratio of 18.57, a PEG ratio of 5.86 and a beta of 1.25. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.68 and a quick ratio of 0.55.
Pembina Pipeline (NYSE:PBA – Get Free Report) (TSE:PPL) last released its quarterly earnings results on Thursday, August 8th. The pipeline company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.21. The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.44 billion. Pembina Pipeline had a return on equity of 13.68% and a net margin of 23.50%. The firm’s quarterly revenue was up 30.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.45 EPS.
Pembina Pipeline Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 16th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 4.68%. The ex-dividend date was Monday, September 16th. Pembina Pipeline’s payout ratio is 88.70%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. Toronto Dominion Bank boosted its position in shares of Pembina Pipeline by 97.2% during the 2nd quarter. Toronto Dominion Bank now owns 8,938,488 shares of the pipeline company’s stock worth $331,439,000 after purchasing an additional 4,405,792 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in Pembina Pipeline by 56.9% during the second quarter. Canada Pension Plan Investment Board now owns 8,387,525 shares of the pipeline company’s stock worth $311,142,000 after buying an additional 3,043,200 shares in the last quarter. ClearBridge Investments Ltd grew its position in Pembina Pipeline by 12.3% during the first quarter. ClearBridge Investments Ltd now owns 7,173,059 shares of the pipeline company’s stock worth $253,496,000 after buying an additional 784,814 shares during the period. Kayne Anderson Capital Advisors LP increased its holdings in Pembina Pipeline by 31.1% in the first quarter. Kayne Anderson Capital Advisors LP now owns 2,969,440 shares of the pipeline company’s stock valued at $104,940,000 after buying an additional 704,249 shares in the last quarter. Finally, 1832 Asset Management L.P. lifted its position in shares of Pembina Pipeline by 93.7% during the 1st quarter. 1832 Asset Management L.P. now owns 1,374,359 shares of the pipeline company’s stock valued at $48,570,000 after acquiring an additional 664,843 shares during the period. Institutional investors and hedge funds own 55.37% of the company’s stock.
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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