Atb Cap Markets Predicts Lower Earnings for Pembina Pipeline

Pembina Pipeline Co. (NYSE:PBA) (TSE:PPL) – Investment analysts at Atb Cap Markets reduced their FY2026 EPS estimates for shares of Pembina Pipeline in a research report issued to clients and investors on Thursday, December 12th. Atb Cap Markets analyst N. Heywood now anticipates that the pipeline company will post earnings of $2.41 per share for the year, down from their prior forecast of $2.42. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.26 per share.

A number of other research firms have also recently weighed in on PBA. Barclays assumed coverage on Pembina Pipeline in a research report on Thursday. They issued an “overweight” rating for the company. Raymond James assumed coverage on Pembina Pipeline in a research note on Friday, October 11th. They set an “outperform” rating on the stock. UBS Group assumed coverage on shares of Pembina Pipeline in a research report on Wednesday, September 11th. They issued a “neutral” rating for the company. Finally, Citigroup boosted their target price on shares of Pembina Pipeline from $53.00 to $56.00 and gave the stock a “neutral” rating in a research report on Wednesday, August 28th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $56.50.

Pembina Pipeline Price Performance

Shares of PBA opened at $38.35 on Monday. The company has a 50 day moving average of $41.57 and a two-hundred day moving average of $39.70. The company has a market cap of $22.26 billion, a price-to-earnings ratio of 15.85 and a beta of 1.24. The company has a quick ratio of 0.51, a current ratio of 0.65 and a debt-to-equity ratio of 0.79. Pembina Pipeline has a twelve month low of $32.39 and a twelve month high of $43.44.

Hedge Funds Weigh In On Pembina Pipeline

Hedge funds and other institutional investors have recently bought and sold shares of the business. Godsey & Gibb Inc. acquired a new stake in Pembina Pipeline during the 3rd quarter valued at approximately $25,000. Safe Harbor Fiduciary LLC acquired a new position in Pembina Pipeline during the third quarter valued at $26,000. Prospera Private Wealth LLC purchased a new stake in Pembina Pipeline in the third quarter valued at $26,000. Dunhill Financial LLC purchased a new stake in Pembina Pipeline in the third quarter valued at $28,000. Finally, Blue Trust Inc. grew its position in Pembina Pipeline by 223.8% during the 3rd quarter. Blue Trust Inc. now owns 735 shares of the pipeline company’s stock worth $30,000 after purchasing an additional 508 shares during the period. Institutional investors and hedge funds own 55.37% of the company’s stock.

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 of this dividend is Monday, December 16th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 7.20%. Pembina Pipeline’s payout ratio is 84.30%.

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.