Atb Cap Markets Issues Pessimistic Forecast for PBA Earnings

Pembina Pipeline Co. (NYSE:PBA) (TSE:PPL) – Investment analysts at Atb Cap Markets reduced their FY2026 earnings estimates for shares of Pembina Pipeline in a note issued to investors on Thursday, December 12th. Atb Cap Markets analyst N. Heywood now forecasts that the pipeline company will earn $2.41 per share for the year, down from their prior forecast of $2.42. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.25 per share.

Several other research analysts have also recently issued reports on PBA. UBS Group began coverage on Pembina Pipeline in a research report on Wednesday, September 11th. They set a “neutral” rating on the stock. Barclays assumed coverage on shares of Pembina Pipeline in a research note on Thursday, December 12th. They issued an “overweight” rating for the company. Citigroup raised their price target on shares of Pembina Pipeline from $53.00 to $56.00 and gave the company a “neutral” rating in a research report on Wednesday, August 28th. Finally, Raymond James started coverage on shares of Pembina Pipeline in a research report on Friday, October 11th. They issued an “outperform” rating for the company. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $56.50.

Pembina Pipeline Price Performance

PBA stock opened at $37.03 on Monday. The company has a market capitalization of $21.49 billion, a P/E ratio of 15.30 and a beta of 1.24. Pembina Pipeline has a 52-week low of $32.81 and a 52-week high of $43.44. The business has a 50-day simple moving average of $41.36 and a two-hundred day simple moving average of $39.70. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.51 and a current ratio of 0.65.

Pembina Pipeline Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be 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 7.45%. The ex-dividend date is Monday, December 16th. Pembina Pipeline’s dividend payout ratio is currently 84.30%.

Institutional Investors Weigh In On Pembina Pipeline

Several large investors have recently modified their holdings of the stock. Kingsview Wealth Management LLC increased its position in 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 last quarter. CENTRAL TRUST Co increased its holdings in Pembina Pipeline by 65.0% in the 3rd quarter. CENTRAL TRUST Co now owns 825 shares of the pipeline company’s stock worth $34,000 after acquiring an additional 325 shares during the last quarter. Oppenheimer Asset Management Inc. raised its stake in Pembina Pipeline by 1.8% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 18,675 shares of the pipeline company’s stock valued at $770,000 after acquiring an additional 334 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Pembina Pipeline by 30.2% during the second quarter. EverSource Wealth Advisors LLC now owns 1,668 shares of the pipeline company’s stock valued at $65,000 after purchasing an additional 387 shares during the last quarter. Finally, Gold Investment Management Ltd. boosted its position in 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 period. Hedge funds and other institutional investors 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.