Raymond James Has Pessimistic View of PBA FY2025 Earnings

Pembina Pipeline Co. (NYSE:PBA) (TSE:PPL) – Equities researchers at Raymond James reduced their FY2025 earnings per share (EPS) estimates for shares of Pembina Pipeline in a note issued to investors on Wednesday, April 9th. Raymond James analyst M. Barth now expects that the pipeline company will earn $2.24 per share for the year, down from their prior 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.

Other research analysts have also recently issued research reports about the company. Citigroup raised Pembina Pipeline from a “neutral” rating to a “buy” rating in a research note on Monday, March 10th. Wells Fargo & Company lowered Pembina Pipeline from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 18th. Finally, TD Securities started coverage on shares of Pembina Pipeline in a research report on Wednesday, January 15th. They issued a “buy” rating on the stock. Four investment 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, Pembina Pipeline has an average rating of “Moderate Buy” and a consensus target price of $56.50.

Pembina Pipeline Stock Up 0.1 %

Pembina Pipeline stock opened at $37.00 on Monday. Pembina Pipeline has a one year low of $33.83 and a one year high of $43.44. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.51 and a current ratio of 0.65. The firm has a market capitalization of $21.48 billion, a P/E ratio of 15.29 and a beta of 0.89. The company has a 50-day simple moving average of $37.78 and a 200-day simple moving average of $38.96.

Pembina Pipeline Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Monday, March 17th were issued a $0.4783 dividend. This represents a $1.91 dividend on an annualized basis and a yield of 5.17%. The ex-dividend date was Monday, March 17th. Pembina Pipeline’s dividend payout ratio is presently 86.76%.

Institutional Trading of Pembina Pipeline

Several large investors have recently modified their holdings of the company. Van ECK Associates Corp raised its stake in shares of Pembina Pipeline by 8.0% in the 4th quarter. Van ECK Associates Corp now owns 225,684 shares of the pipeline company’s stock valued at $8,335,000 after buying an additional 16,762 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Pembina Pipeline by 18.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 4,049,470 shares of the pipeline company’s stock valued at $167,000,000 after acquiring an additional 624,958 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in Pembina Pipeline by 1.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 22,903 shares of the pipeline company’s stock valued at $846,000 after acquiring an additional 348 shares during the period. Jennison Associates LLC grew its holdings in shares of Pembina Pipeline by 32.3% during the fourth quarter. Jennison Associates LLC now owns 616,992 shares of the pipeline company’s stock worth $22,786,000 after buying an additional 150,689 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in Pembina Pipeline by 0.5% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 6,249,624 shares of the pipeline company’s stock valued at $230,610,000 after purchasing an additional 32,519 shares in the last quarter. 55.37% of the stock is owned by 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.