PBA FY2025 EPS Estimate Lowered by Raymond James Financial

Pembina Pipeline Corp. (NYSE:PBA) (TSE:PPL) – Equities researchers at Raymond James Financial reduced their FY2025 earnings per share (EPS) estimates for shares of Pembina Pipeline in a note issued to investors on Monday, October 6th. Raymond James Financial analyst M. Barth now expects that the pipeline company will earn $2.20 per share for the year, down from their prior estimate of $2.27. Raymond James Financial currently has a “Outperform” rating on the stock. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.15 per share. Raymond James Financial also issued estimates for Pembina Pipeline’s FY2026 earnings at $2.29 EPS.

A number of other analysts have also recently weighed in on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Pembina Pipeline in a research report on Wednesday. Wall Street Zen lowered Pembina Pipeline from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. Jefferies Financial Group lowered Pembina Pipeline from a “buy” rating to a “hold” rating in a research note on Wednesday, July 23rd. Wells Fargo & Company lowered Pembina Pipeline from a “hold” rating to a “strong sell” rating in a research note on Wednesday, August 6th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Pembina Pipeline in a report on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Pembina Pipeline Stock Down 0.4%

Shares of Pembina Pipeline stock opened at $40.78 on Wednesday. The company has a current ratio of 0.77, a quick ratio of 0.62 and a debt-to-equity ratio of 0.81. The business’s 50 day simple moving average is $38.41 and its 200-day simple moving average is $37.92. The stock has a market capitalization of $23.69 billion, a price-to-earnings ratio of 19.15 and a beta of 0.76. Pembina Pipeline has a twelve month low of $34.13 and a twelve month high of $43.44.

Pembina Pipeline Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Monday, September 15th were issued a dividend of $0.71 per share. This is a positive change from Pembina Pipeline’s previous quarterly dividend of $0.51. This represents a $2.84 annualized dividend and a dividend yield of 7.0%. The ex-dividend date was Monday, September 15th. Pembina Pipeline’s dividend payout ratio is 97.18%.

Institutional Trading of Pembina Pipeline

Several hedge funds and other institutional investors have recently modified their holdings of the company. Norges Bank bought a new position in Pembina Pipeline during the second quarter valued at about $229,613,000. Goldman Sachs Group Inc. raised its holdings in Pembina Pipeline by 78.1% during the first quarter. Goldman Sachs Group Inc. now owns 7,088,945 shares of the pipeline company’s stock valued at $283,770,000 after buying an additional 3,108,920 shares in the last quarter. CIBC Asset Management Inc raised its holdings in Pembina Pipeline by 47.4% during the second quarter. CIBC Asset Management Inc now owns 7,547,536 shares of the pipeline company’s stock valued at $283,823,000 after buying an additional 2,427,939 shares in the last quarter. The Manufacturers Life Insurance Company raised its holdings in Pembina Pipeline by 136.7% during the first quarter. The Manufacturers Life Insurance Company now owns 3,995,460 shares of the pipeline company’s stock valued at $160,681,000 after buying an additional 2,307,634 shares in the last quarter. Finally, Nuveen LLC bought a new position in Pembina Pipeline during the first quarter valued at about $83,743,000. 55.37% of the stock is currently owned by hedge funds and other institutional investors.

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.