Principal Financial Group Inc. Has $3.19 Million Stock Position in Pembina Pipeline Corp. $PBA

Posted by Geri Gentry on Jul 30th, 2026

Principal Financial Group Inc. lessened its position in shares of Pembina Pipeline Corp. (NYSE:PBA – Free Report) (TSE:PPL) by 14.3% in the first quarter, HoldingsChannel.com reports. The firm owned 71,408 shares of the pipeline company’s stock after selling 11,900 shares during the quarter. Principal Financial Group Inc.’s holdings in Pembina Pipeline were worth $3,186,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Pembina Pipeline in the 4th quarter valued at $213,701,000. BCV Asset Management Inc. acquired a new stake in Pembina Pipeline during the 4th quarter worth about $61,412,000. Morgan Stanley raised its position in shares of Pembina Pipeline by 45.4% in the 4th quarter. Morgan Stanley now owns 4,723,159 shares of the pipeline company’s stock worth $179,763,000 after acquiring an additional 1,475,320 shares in the last quarter. MUFG Securities EMEA plc acquired a new position in shares of Pembina Pipeline in the 2nd quarter valued at about $52,514,000. Finally, CIBC Asset Management Inc lifted its stake in shares of Pembina Pipeline by 17.8% in the 4th quarter. CIBC Asset Management Inc now owns 8,620,307 shares of the pipeline company’s stock valued at $329,245,000 after purchasing an additional 1,304,227 shares during the period. Institutional investors and hedge funds own 55.37% of the company’s stock.

Pembina Pipeline Stock Performance

Shares of PBA opened at $50.43 on Thursday. Pembina Pipeline Corp. has a one year low of $35.45 and a one year high of $51.58. The company has a market cap of $29.33 billion, a PE ratio of 26.27 and a beta of 0.57. The stock has a 50-day moving average of $48.37 and a 200-day moving average of $45.32. 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 (NYSE:PBA – Get Free Report) (TSE:PPL) last posted its quarterly earnings results on Thursday, May 7th. The pipeline company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.07. The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.06 billion. Pembina Pipeline had a return on equity of 11.47% and a net margin of 22.22%.The firm’s revenue for the quarter was down 7.7% on a year-over-year basis. During the same period in the prior year, the business earned $0.80 EPS. On average, equities research analysts predict that Pembina Pipeline Corp. will post 2.2 EPS for the current fiscal year.

Pembina Pipeline Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a dividend of $0.735 per share. This is a positive change from Pembina Pipeline’s previous quarterly dividend of $0.71. This represents a $2.94 annualized dividend and a dividend yield of 5.8%. The ex-dividend date was Monday, June 15th. Pembina Pipeline’s dividend payout ratio is presently 110.94%.

Analysts Set New Price Targets

Several research firms recently commented on PBA. Weiss Ratings raised Pembina Pipeline from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday. Royal Bank Of Canada boosted their price target on Pembina Pipeline from $64.00 to $68.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. TD Securities restated a “buy” rating on shares of Pembina Pipeline in a report on Thursday, July 16th. Barclays reaffirmed an “overweight” rating on shares of Pembina Pipeline in a research report on Thursday, May 21st. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $68.00 price objective on shares of Pembina Pipeline in a research note on Friday, July 3rd. Six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $64.00.

Read Our Latest Analysis on PBA

About Pembina Pipeline

(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.