Raymond James Analysts Decrease Earnings Estimates for PBA

Pembina Pipeline Co. (NYSE:PBA - Free Report) TSE: PPL - Raymond James reduced their FY2025 EPS estimates for Pembina Pipeline in a note issued to investors on Wednesday, April 9th. Raymond James analyst M. Barth now anticipates that the pipeline company will post earnings of $2.24 per share for the year, down from their previous estimate of $2.31. The consensus estimate for Pembina Pipeline's current full-year earnings is $2.15 per share. Raymond James also issued estimates for Pembina Pipeline's FY2026 earnings at $2.27 EPS and FY2027 earnings at $2.35 EPS.

A number of other brokerages have also weighed in on PBA. Citigroup upgraded Pembina Pipeline from a "neutral" rating to a "buy" rating in a research note on Monday, March 10th. TD Securities initiated coverage on shares of Pembina Pipeline in a research note on Wednesday, January 15th. They set a "buy" rating on the stock. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $56.50.

Pembina Pipeline Stock Up 1.5 %

NYSE:PBA traded up $0.57 during mid-day trading on Monday, hitting $37.96. 1,004,607 shares of the company's stock traded hands, compared to its average volume of 1,276,521. The company has a fifty day moving average of $37.84 and a 200 day moving average of $38.90. 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 has a twelve month low of $34.13 and a twelve month high of $43.44. The company has a market capitalization of $22.04 billion, a P/E ratio of 15.69 and a beta of 0.89.

Hedge Funds Weigh In On Pembina Pipeline

Hedge funds and other institutional investors have recently bought and sold shares of the business. Louisbourg Investments Inc. boosted its holdings in shares of Pembina Pipeline by 1,113.6% in the 1st quarter. Louisbourg Investments Inc. now owns 100,655 shares of the pipeline company's stock valued at $4,030,000 after acquiring an additional 92,361 shares during the last quarter. Tcfg Wealth Management LLC lifted its position in Pembina Pipeline by 12.1% during the first quarter. Tcfg Wealth Management LLC now owns 9,421 shares of the pipeline company's stock valued at $377,000 after purchasing an additional 1,020 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Pembina Pipeline by 11.2% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 18,182 shares of the pipeline company's stock valued at $728,000 after purchasing an additional 1,824 shares during the last quarter. Albert D Mason Inc. grew its position in Pembina Pipeline by 1.0% during the 1st quarter. Albert D Mason Inc. now owns 43,073 shares of the pipeline company's stock worth $1,724,000 after purchasing an additional 426 shares during the period. Finally, Farther Finance Advisors LLC raised its stake in shares of Pembina Pipeline by 363.5% during the 1st quarter. Farther Finance Advisors LLC now owns 3,467 shares of the pipeline company's stock valued at $140,000 after buying an additional 2,719 shares during the last quarter. Institutional investors and hedge funds own 55.37% of the company's stock.

Pembina Pipeline Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were given a $0.4783 dividend. The ex-dividend date was Monday, March 17th. This represents a $1.91 dividend on an annualized basis and a yield of 5.04%. Pembina Pipeline's dividend payout ratio is currently 86.76%.

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.