Plains All American Pipeline, L.P. (NYSE:PAA) Given Average Rating of “Hold” by Analysts

Shares of Plains All American Pipeline, L.P. (NYSE:PAA) have earned an average rating of “Hold” from the thirteen analysts that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation, three have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $20.40.

PAA has been the topic of a number of research analyst reports. Mizuho set a $23.00 price objective on shares of Plains All American Pipeline in a research report on Friday, January 23rd. Scotiabank reaffirmed an “outperform” rating on shares of Plains All American Pipeline in a research report on Friday, January 16th. Morgan Stanley upped their target price on Plains All American Pipeline from $20.00 to $21.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Raymond James Financial restated a “strong-buy” rating and set a $22.00 price target (down from $24.00) on shares of Plains All American Pipeline in a research report on Friday, October 24th. Finally, Bank of America cut Plains All American Pipeline from a “neutral” rating to an “underperform” rating and set a $19.00 price target on the stock. in a research note on Wednesday, January 28th.

Institutional Investors Weigh In On Plains All American Pipeline

Several hedge funds have recently bought and sold shares of the business. CIBC Bancorp USA Inc. bought a new position in shares of Plains All American Pipeline during the third quarter valued at approximately $87,462,000. Invesco Ltd. grew its stake in shares of Plains All American Pipeline by 10.1% in the 2nd quarter. Invesco Ltd. now owns 32,602,733 shares of the pipeline company’s stock worth $597,282,000 after buying an additional 3,003,351 shares during the last quarter. Berkley W R Corp bought a new position in Plains All American Pipeline during the 3rd quarter valued at approximately $32,871,000. Alps Advisors Inc. increased its position in Plains All American Pipeline by 2.2% during the 3rd quarter. Alps Advisors Inc. now owns 76,066,823 shares of the pipeline company’s stock valued at $1,297,700,000 after buying an additional 1,663,908 shares in the last quarter. Finally, BROOKFIELD Corp ON raised its stake in Plains All American Pipeline by 18.9% during the second quarter. BROOKFIELD Corp ON now owns 6,774,650 shares of the pipeline company’s stock valued at $124,112,000 after buying an additional 1,076,291 shares during the last quarter. Institutional investors own 41.78% of the company’s stock.

Plains All American Pipeline Trading Down 2.9%

PAA opened at $19.40 on Monday. Plains All American Pipeline has a one year low of $15.57 and a one year high of $20.77. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.01 and a quick ratio of 0.92. The business has a 50 day simple moving average of $18.42 and a two-hundred day simple moving average of $17.63. The firm has a market capitalization of $13.69 billion, a price-to-earnings ratio of 26.58 and a beta of 0.60.

Plains All American Pipeline (NYSE:PAA) last posted its earnings results on Friday, February 6th. The pipeline company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.33). Plains All American Pipeline had a net margin of 1.54% and a return on equity of 11.69%. Plains All American Pipeline’s revenue was down 12.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.42 EPS. Analysts predict that Plains All American Pipeline will post 1.52 EPS for the current year.

Plains All American Pipeline Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Investors of record on Friday, January 30th will be paid a $0.4175 dividend. This represents a $1.67 annualized dividend and a dividend yield of 8.6%. The ex-dividend date is Friday, January 30th. This is a positive change from Plains All American Pipeline’s previous quarterly dividend of $0.38. Plains All American Pipeline’s dividend payout ratio (DPR) is 100.60%.

Key Headlines Impacting Plains All American Pipeline

Here are the key news stories impacting Plains All American Pipeline this week:

• Positive Sentiment: Management guided to a 2026 adjusted EBITDA midpoint of $2.75 billion and announced cost‑saving and synergy plans (≈$100M savings through 2027 plus ~$50M Cactus III synergies), which support medium‑term cash generation. Plains All American Reports Fourth-Quarter and Full-Year 2025 Results
• Positive Sentiment: The partnership delivered strong GAAP net income and adjusted EBITDA on a full‑year basis (Q4 net income attributable to PAA $342M; Q4 adjusted EBITDA attributable to PAA $738M; FY adjusted EBITDA ~$2.83B), providing some fundamental support for distributions. Plains All American Pipeline Reports Strong Fourth-Quarter and Full-Year 2025 Results Alongside 2026 Guidance
• Positive Sentiment: Plains GP Holdings likewise reported strong results and raised its distribution, reinforcing the parent/GP narrative around returning cash to unitholders. Plains GP Holdings Reports Strong 2025 Results, Raises Distribution
• Neutral Sentiment: Management lowered the distribution coverage ratio threshold from 160% to 150% — this can enable faster distribution growth but reduces the historical cushion; investors will watch coverage and cash flow closely. Plains All American Reports Fourth-Quarter and Full-Year 2025 Results
• Neutral Sentiment: The planned sale of the Canadian NGL business (expected to close late Q1 2026) is a key balance‑sheet/cash‑proceeds event — it should reduce pro forma leverage once completed but creates near‑term execution risk. Plains All American Reports Fourth-Quarter and Full-Year 2025 Results
• Negative Sentiment: Q4 headline EPS missed expectations (reported $0.17 vs. consensus ~$0.50) and revenue fell ~12.2% year‑over‑year — the earnings miss is the primary driver of the near‑term share weakness. Plains All American Q4 Earnings Miss Estimates, Sales Decline Y/Y
• Negative Sentiment: Adjusted free cash flow was deeply negative in the period (large outflows tied to acquisitions including Cactus III), and pro‑forma leverage rose (~3.9x year‑end). Those cash‑flow and leverage metrics increase execution and refinancing sensitivity until the NGL sale closes. Plains All American Pipeline Reports Strong Fourth-Quarter and Full-Year 2025 Results Alongside 2026 Guidance
• Negative Sentiment: Analyst/fin‑media previews and valuation pieces highlight recent momentum but note that Q4 misses and cash‑flow dynamics raise near‑term downside risk vs. previous multi‑year gains. Assessing Plains All American Pipeline (PAA) Valuation As Recent Momentum Outpaces Longer Term Returns

About Plains All American Pipeline

Plains All American Pipeline, L.P. (NYSE: PAA) is a prominent North American midstream energy company that specializes in the transportation, storage and marketing of crude oil, natural gas liquids (NGLs) and refined products. The partnership’s integrated infrastructure network supports the movement of hydrocarbons from major supply basins to domestic and export markets, providing connectivity between production areas, refineries and marine terminals. Plains All American’s services include long-haul and short-haul pipeline systems, inventory services and fee-based storage contracts, helping producers and refiners optimize supply chains and manage market access.

The company operates an extensive onshore pipeline network that spans major U.S.