Atb Cap Markets Has Negative Outlook of PBA FY2025 Earnings

Key Points

• Atb Cap Markets has revised its FY2025 earnings per share estimate for Pembina Pipeline Corp., lowering it from $2.11 to $2.05, reflecting a negative outlook on the company's financial performance.
• Pembina Pipeline recently increased its quarterly dividend to $0.71 per share, up from $0.51, resulting in an annualized dividend of $2.84 and a dividend yield of 7.5%.
• Institutional investors have shown increased interest in Pembina Pipeline, with several funds significantly boosting their stakes, now owning 55.37% of the company’s stock.

Pembina Pipeline Corp. (NYSE:PBA - Free Report) TSE: PPL - Equities research analysts at Atb Cap Markets dropped their FY2025 earnings per share estimates for Pembina Pipeline in a research report issued on Tuesday, October 14th. Atb Cap Markets analyst N. Heywood now anticipates that the pipeline company will post earnings of $2.05 per share for the year, down from their prior forecast of $2.11. The consensus estimate for Pembina Pipeline's current full-year earnings is $2.15 per share. Atb Cap Markets also issued estimates for Pembina Pipeline's Q4 2025 earnings at $0.54 EPS and Q4 2026 earnings at $0.62 EPS.

Several other equities research analysts have also recently weighed in on the stock. National Bankshares raised shares of Pembina Pipeline from a "sector perform" rating to an "outperform" rating in a research note on Thursday, June 26th. Wall Street Zen cut Pembina Pipeline from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. National Bank Financial raised shares of Pembina Pipeline from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, June 25th. Wells Fargo & Company downgraded shares of Pembina Pipeline from a "hold" rating to a "strong sell" rating in a report on Wednesday, August 6th. Finally, Raymond James Financial reissued an "outperform" rating on shares of Pembina Pipeline in a research report on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy".

Pembina Pipeline Stock Down 1.3%

Pembina Pipeline stock opened at $37.95 on Friday. The firm has a market cap of $22.05 billion, a price-to-earnings ratio of 17.82 and a beta of 0.76. Pembina Pipeline has a 52-week low of $34.13 and a 52-week high of $43.44. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.62 and a current ratio of 0.77. The firm has a 50 day moving average price of $38.62 and a two-hundred day moving average price of $37.87.

Pembina Pipeline Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 15th were given a dividend of $0.71 per share. The ex-dividend date of this dividend was Monday, September 15th. This is an increase from Pembina Pipeline's previous quarterly dividend of $0.51. This represents a $2.84 dividend on an annualized basis and a dividend yield of 7.5%. Pembina Pipeline's payout ratio is 97.18%.

Institutional Investors Weigh In On Pembina Pipeline

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. First Horizon Advisors Inc. boosted its stake in shares of Pembina Pipeline by 69.9% in the 1st quarter. First Horizon Advisors Inc. now owns 673 shares of the pipeline company's stock worth $27,000 after buying an additional 277 shares during the last quarter. N.E.W. Advisory Services LLC purchased a new position in Pembina Pipeline in the first quarter worth $27,000. Larson Financial Group LLC grew its stake in Pembina Pipeline by 53.4% in the 1st quarter. Larson Financial Group LLC now owns 1,341 shares of the pipeline company's stock valued at $54,000 after purchasing an additional 467 shares during the period. State of Wyoming purchased a new stake in shares of Pembina Pipeline during the 2nd quarter valued at $58,000. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Pembina Pipeline in the 2nd quarter worth about $66,000. Hedge funds and other institutional investors 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.

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