Zacks Research Cuts Earnings Estimates for Pembina Pipeline

Pembina Pipeline Co. (NYSE:PBA) (TSE:PPL) – Zacks Research cut their Q2 2025 earnings per share estimates for Pembina Pipeline in a research note issued to investors on Monday, November 25th. Zacks Research analyst T. Saha now anticipates that the pipeline company will post earnings per share of $0.53 for the quarter, down from their prior forecast of $0.55. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.29 per share. Zacks Research also issued estimates for Pembina Pipeline’s FY2025 earnings at $2.34 EPS.

Other equities research analysts also recently issued research reports about the company. Citigroup raised their price target on Pembina Pipeline from $53.00 to $56.00 and gave the stock a “neutral” rating in a report on Wednesday, August 28th. UBS Group began coverage on Pembina Pipeline in a report on Wednesday, September 11th. They issued a “neutral” rating for the company. Finally, Raymond James began coverage on Pembina Pipeline in a 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 one has given a buy rating to the company. According to data from MarketBeat.com, Pembina Pipeline currently has a consensus rating of “Hold” and an average price target of $56.50.

Pembina Pipeline Price Performance

Shares of PBA stock opened at $41.19 on Wednesday. Pembina Pipeline has a 1-year low of $32.39 and a 1-year high of $43.44. The stock’s 50-day moving average is $41.97 and its 200 day moving average is $39.43. The company has a market cap of $23.91 billion, a P/E ratio of 17.02 and a beta of 1.25. 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 announced a quarterly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be issued a dividend of $0.69 per share. This is an increase from Pembina Pipeline’s previous quarterly dividend of $0.50. The ex-dividend date is Monday, December 16th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 6.70%. Pembina Pipeline’s payout ratio is 84.30%.

Institutional Investors Weigh In On Pembina Pipeline

A number of institutional investors and hedge funds have recently modified their holdings of PBA. Toronto Dominion Bank lifted its holdings in shares of Pembina Pipeline by 97.2% during the second 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 during the period. Canada Pension Plan Investment Board lifted its holdings in shares of 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 purchasing an additional 3,043,200 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in shares of 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 purchasing an additional 1,319,709 shares during the period. Intact Investment Management Inc. lifted its holdings in shares of Pembina Pipeline by 83.2% during the third quarter. Intact Investment Management Inc. now owns 1,976,934 shares of the pipeline company’s stock worth $81,498,000 after purchasing an additional 897,940 shares during the period. Finally, Clearbridge Investments LLC lifted its holdings in shares of Pembina Pipeline by 2,256.3% during the second quarter. Clearbridge Investments LLC now owns 649,778 shares of the pipeline company’s stock worth $24,094,000 after purchasing an additional 622,202 shares during the period. Institutional investors and hedge funds own 55.37% of the company’s stock.

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.