PBA FY2025 EPS Forecast Lowered by National Bank Financial

Pembina Pipeline Co. (NYSE:PBA) (TSE:PPL) – Analysts at National Bank Financial decreased their FY2025 earnings estimates for shares of Pembina Pipeline in a research note issued to investors on Monday, January 6th. National Bank Financial analyst P. Kenny now forecasts that the pipeline company will post earnings of $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.

Other equities research analysts have also issued reports about the company. Raymond James initiated coverage on Pembina Pipeline in a research note on Friday, October 11th. They set an “outperform” rating for the company. Barclays initiated coverage on Pembina Pipeline in a research report on Thursday, December 12th. They set an “overweight” rating for the company. Finally, Wells Fargo & Company downgraded shares of Pembina Pipeline from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 18th. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Pembina Pipeline has a consensus rating of “Hold” and a consensus price target of $56.50.

Pembina Pipeline Stock Up 0.9 %

Shares of NYSE:PBA opened at $36.96 on Thursday. The firm has a market capitalization of $21.46 billion, a PE ratio of 15.27 and a beta of 1.25. The business has a 50 day simple moving average of $39.37 and a two-hundred day simple moving average of $39.65. Pembina Pipeline has a 1 year low of $32.81 and a 1 year high of $43.44. The company has a debt-to-equity ratio of 0.79, a current ratio of 0.65 and a quick ratio of 0.51.

Pembina Pipeline Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were paid a dividend of $0.69 per share. The ex-dividend date of this dividend was Monday, December 16th. This represents a $2.76 annualized dividend and a dividend yield of 7.47%. This is a positive change from Pembina Pipeline’s previous quarterly dividend of $0.50. Pembina Pipeline’s dividend payout ratio (DPR) is currently 84.30%.

Institutional Trading of Pembina Pipeline

A number of hedge funds have recently added to or reduced their stakes in the business. Toronto Dominion Bank raised its holdings in shares of Pembina Pipeline by 97.2% in the 2nd quarter. Toronto Dominion Bank now owns 8,938,488 shares of the pipeline company’s stock valued at $331,439,000 after purchasing an additional 4,405,792 shares in the last quarter. Canada Pension Plan Investment Board raised its stake in Pembina Pipeline by 56.9% in 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. The Manufacturers Life Insurance Company lifted its holdings in Pembina Pipeline by 71.6% during the third quarter. The Manufacturers Life Insurance Company now owns 3,163,711 shares of the pipeline company’s stock worth $130,501,000 after buying an additional 1,319,709 shares during the period. Intact Investment Management Inc. boosted its position in Pembina Pipeline by 83.2% during the 3rd quarter. Intact Investment Management Inc. now owns 1,976,934 shares of the pipeline company’s stock valued at $81,498,000 after acquiring an additional 897,940 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Pembina Pipeline by 18.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,049,470 shares of the pipeline company’s stock valued at $167,000,000 after acquiring an additional 624,958 shares during the period. 55.37% of the stock is owned by hedge funds and other institutional investors.

About Pembina Pipeline

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.