Harvest Portfolios Group Inc. Acquires 10,230 Shares of Pembina Pipeline Corp. $PBA

Posted by Brenda Bartman on May 20th, 2026

Harvest Portfolios Group Inc. lifted its holdings in Pembina Pipeline Corp. (NYSE:PBA – Free Report) (TSE:PPL) by 2.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 396,916 shares of the pipeline company’s stock after acquiring an additional 10,230 shares during the quarter. Harvest Portfolios Group Inc. owned 0.07% of Pembina Pipeline worth $15,121,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. PNC Financial Services Group Inc. raised its holdings in Pembina Pipeline by 7.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 29,878 shares of the pipeline company’s stock valued at $1,137,000 after buying an additional 2,102 shares during the last quarter. Larson Financial Group LLC raised its holdings in Pembina Pipeline by 48.6% during the 4th quarter. Larson Financial Group LLC now owns 1,574 shares of the pipeline company’s stock valued at $60,000 after buying an additional 515 shares during the last quarter. ProShare Advisors LLC raised its holdings in Pembina Pipeline by 5.0% during the 4th quarter. ProShare Advisors LLC now owns 65,789 shares of the pipeline company’s stock valued at $2,506,000 after buying an additional 3,161 shares during the last quarter. HighTower Advisors LLC raised its holdings in Pembina Pipeline by 13.5% during the 4th quarter. HighTower Advisors LLC now owns 24,687 shares of the pipeline company’s stock valued at $940,000 after buying an additional 2,932 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in Pembina Pipeline by 262.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 46,752 shares of the pipeline company’s stock valued at $1,779,000 after buying an additional 33,854 shares during the last quarter. 55.37% of the stock is currently owned by institutional investors.

Pembina Pipeline Stock Up 0.2%

NYSE:PBA opened at $49.59 on Wednesday. The firm’s 50-day moving average price is $44.93 and its 200-day moving average price is $41.62. The company has a market capitalization of $28.83 billion, a PE ratio of 25.83 and a beta of 0.58. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.83 and a quick ratio of 0.68. Pembina Pipeline Corp. has a 1-year low of $35.45 and a 1-year high of $49.70.

Pembina Pipeline (NYSE:PBA – Get Free Report) (TSE:PPL) last announced its quarterly earnings data on Thursday, May 7th. The pipeline company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.52 by $0.07. Pembina Pipeline had a net margin of 22.22% and a return on equity of 11.47%. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the prior year, the firm posted $0.80 EPS. Pembina Pipeline’s revenue for the quarter was down 7.7% on a year-over-year basis. On average, equities analysts predict that Pembina Pipeline Corp. will post 2.28 EPS for the current fiscal year.

Pembina Pipeline Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.735 dividend. This is a boost from Pembina Pipeline’s previous quarterly dividend of $0.71. The ex-dividend date is Monday, June 15th. This represents a $2.94 annualized dividend and a dividend yield of 5.9%. Pembina Pipeline’s dividend payout ratio (DPR) is currently 108.33%.

Wall Street Analysts Forecast Growth

PBA has been the subject of several research reports. Royal Bank Of Canada upped their price objective on shares of Pembina Pipeline from $64.00 to $68.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. Wall Street Zen upgraded shares of Pembina Pipeline from a “sell” rating to a “hold” rating in a report on Sunday, May 10th. Weiss Ratings upgraded shares of Pembina Pipeline from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, March 2nd. BMO Capital Markets restated a “market perform” rating on shares of Pembina Pipeline in a report on Wednesday, April 8th. Finally, TD Securities restated a “hold” rating on shares of Pembina Pipeline in a report on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $62.67.

Read Our Latest Research Report on PBA

Pembina Pipeline Profile

(Free Report)

Pembina Pipeline Corporation (NYSE: PBA) is a North American energy infrastructure company that develops, owns and operates midstream assets that transport, store and process hydrocarbons. Its core business focuses on the transportation of crude oil, natural gas liquids (NGLs) and condensate, along with gas processing, fractionation, storage and related marketing services. Pembina serves producers, refiners and other energy companies by providing pipeline capacity, terminal services and midstream solutions that link upstream production to downstream markets and export facilities.

The company’s asset base is concentrated in Western Canada, including major operations in Alberta and British Columbia, and it also has operations and commercial activities that extend into the United States.