Plains GP Holdings, L.P. (NYSE:PAGP) Receives $23.36 Average PT from Analysts

Posted by Francis Steltz on Aug 4th, 2026

Plains GP Holdings, L.P. (NYSE:PAGP – Get Free Report) has been given a consensus rating of “Hold” by the thirteen analysts that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $23.3636.

A number of equities research analysts have commented on the stock. Wells Fargo & Company raised their price target on shares of Plains GP from $22.00 to $23.00 and gave the stock an “equal weight” rating in a report on Tuesday, May 12th. Truist Financial increased their price objective on shares of Plains GP from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Barclays raised their target price on Plains GP from $21.00 to $23.00 and gave the company an “underweight” rating in a research note on Thursday, July 16th. Zacks Research raised Plains GP from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 22nd. Finally, Citigroup upped their price target on Plains GP from $20.00 to $23.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th.

Get Our Latest Report on Plains GP

Plains GP Stock Performance

NYSE:PAGP opened at $26.00 on Thursday. The company has a quick ratio of 0.92, a current ratio of 1.01 and a debt-to-equity ratio of 0.49. Plains GP has a twelve month low of $16.68 and a twelve month high of $26.77. The company has a fifty day moving average of $24.83 and a 200-day moving average of $23.53. The firm has a market capitalization of $5.15 billion, a P/E ratio of 49.06 and a beta of 0.45.

Plains GP Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Friday, July 31st will be issued a dividend of $0.4175 per share. The ex-dividend date is Friday, July 31st. This represents a $1.67 annualized dividend and a dividend yield of 6.4%. Plains GP’s payout ratio is currently 172.16%.

Hedge Funds Weigh In On Plains GP

A number of institutional investors have recently modified their holdings of the company. Larson Financial Group LLC acquired a new stake in Plains GP in the 3rd quarter valued at $46,000. North Star Investment Management Corp. acquired a new position in Plains GP during the first quarter worth $56,000. Lazard Asset Management LLC raised its holdings in Plains GP by 36.5% during the second quarter. Lazard Asset Management LLC now owns 3,030 shares of the pipeline company’s stock worth $58,000 after buying an additional 811 shares during the last quarter. O Domhnaill Enterprises Inc. bought a new position in shares of Plains GP in the first quarter valued at $66,000. Finally, Virtus Advisers LLC lifted its stake in shares of Plains GP by 46.5% in the fourth quarter. Virtus Advisers LLC now owns 5,859 shares of the pipeline company’s stock valued at $112,000 after buying an additional 1,859 shares in the last quarter. 88.30% of the stock is owned by institutional investors and hedge funds.

Plains GP Company Profile

(Get Free Report)

Plains GP Holdings, L.P. (NYSE: PAGP) serves as the general partner of Plains All American Pipeline, L.P., one of North America’s leading energy infrastructure companies. Through its ownership of a 2% general partner interest and incentive distribution rights (IDRs), Plains GP Holdings participates in the governance and cash distribution structure of a diversified portfolio of crude oil and natural gas liquids gathering, transportation, storage, and terminaling assets.

The company’s primary business activities include overseeing the strategic direction and capital allocation decisions for its affiliated midstream operations.