Zacks Research Brokers Lower Earnings Estimates for PBA

Pembina Pipeline Corp. (NYSE:PBA) (TSE:PPL) – Research analysts at Zacks Research reduced their Q3 2025 earnings per share estimates for Pembina Pipeline in a report issued on Tuesday, July 1st. Zacks Research analyst T. Saha now expects that the pipeline company will earn $0.51 per share for the quarter, down from their prior forecast of $0.52. The consensus estimate for Pembina Pipeline’s current full-year earnings is $2.15 per share. Zacks Research also issued estimates for Pembina Pipeline’s FY2025 earnings at $2.12 EPS, Q1 2026 earnings at $0.70 EPS, Q2 2026 earnings at $0.98 EPS, Q3 2026 earnings at $0.00 EPS and FY2026 earnings at $2.31 EPS.

Pembina Pipeline (NYSE:PBA) (TSE:PPL) last announced its quarterly earnings results on Thursday, May 8th. The pipeline company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.23. The firm had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.47 billion. Pembina Pipeline had a return on equity of 12.61% and a net margin of 23.73%. The firm’s quarterly revenue was up 48.2% compared to the same quarter last year. During the same period in the prior year, the company posted $0.73 earnings per share.

A number of other brokerages also recently issued reports on PBA. National Bankshares raised Pembina Pipeline from a “sector perform” rating to an “outperform” rating in a report on Thursday, June 26th. National Bank Financial raised Pembina Pipeline from a “hold” rating to a “strong-buy” rating in a report on Wednesday, June 25th. Citigroup raised Pembina Pipeline from a “neutral” rating to a “buy” rating in a report on Monday, March 10th. Finally, Barclays reaffirmed an “overweight” rating on shares of Pembina Pipeline in a report on Tuesday, June 3rd. Two investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $56.00.

Pembina Pipeline Stock Performance

Shares of PBA opened at $37.21 on Friday. The stock has a 50 day moving average price of $37.71 and a 200 day moving average price of $37.50. The company has a quick ratio of 0.52, a current ratio of 0.64 and a debt-to-equity ratio of 0.75. The company has a market capitalization of $21.61 billion, a price-to-earnings ratio of 16.84 and a beta of 0.76. Pembina Pipeline has a 52-week low of $34.13 and a 52-week high of $43.44.

Pembina Pipeline Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Monday, June 16th were paid a $0.5109 dividend. The ex-dividend date was Monday, June 16th. This represents a $2.04 dividend on an annualized basis and a yield of 5.49%. This is a boost from Pembina Pipeline’s previous quarterly dividend of $0.48. Pembina Pipeline’s payout ratio is currently 93.67%.

Institutional Investors Weigh In On Pembina Pipeline

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PBA. Norges Bank purchased a new stake in Pembina Pipeline in the fourth quarter valued at approximately $171,860,000. Goldman Sachs Group Inc. lifted its stake in Pembina Pipeline by 78.1% in 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 during the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in Pembina Pipeline by 1,591.4% in the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 3,155,558 shares of the pipeline company’s stock valued at $116,440,000 after buying an additional 2,968,994 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Pembina Pipeline by 136.7% in 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 during the last quarter. Finally, Nuveen LLC purchased a new stake in Pembina Pipeline in the first quarter valued at approximately $83,743,000. Hedge funds and other institutional investors own 55.37% of the company’s stock.

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.