TD Waterhouse Canada Inc. Sells 49,699 Shares of Pembina Pipeline Corp. $PBA

Posted by Brenda Bartman on Sep 4th, 2026

TD Waterhouse Canada Inc. lessened its stake in Pembina Pipeline Corp. (NYSE:PBA – Free Report) (TSE:PPL) by 2.0% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,419,798 shares of the pipeline company’s stock after selling 49,699 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Pembina Pipeline were worth $110,961,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Western Wealth Management LLC acquired a new stake in Pembina Pipeline during the first quarter worth about $25,000. Dunhill Financial LLC acquired a new position in shares of Pembina Pipeline in the 2nd quarter valued at approximately $31,000. N.E.W. Advisory Services LLC acquired a new position in shares of Pembina Pipeline in the 2nd quarter valued at approximately $31,000. Tobam bought a new stake in shares of Pembina Pipeline during the 4th quarter worth approximately $28,000. Finally, Caitong International Asset Management Co. Ltd acquired a new stake in shares of Pembina Pipeline during the 3rd quarter worth approximately $31,000. Institutional investors own 55.37% of the company’s stock.

Pembina Pipeline Stock Performance

NYSE:PBA opened at $48.64 on Friday. The stock’s 50-day moving average is $48.75 and its 200-day moving average is $46.75. Pembina Pipeline Corp. has a 1-year low of $36.20 and a 1-year high of $51.58. The company has a current ratio of 0.62, a quick ratio of 0.50 and a debt-to-equity ratio of 0.78. The stock has a market cap of $28.29 billion, a P/E ratio of 23.84 and a beta of 0.58.

Pembina Pipeline (NYSE:PBA – Get Free Report) (TSE:PPL) last issued its quarterly earnings data on Thursday, July 30th. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.01). Pembina Pipeline had a net margin of 22.41% and a return on equity of 11.41%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter last year, the business earned $0.65 EPS. The firm’s quarterly revenue was up 20.1% compared to the same quarter last year. Equities research analysts anticipate that Pembina Pipeline Corp. will post 2.23 earnings per share for the current year.

Pembina Pipeline Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 15th will be paid a dividend of $0.735 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.94 annualized dividend and a dividend yield of 6.0%. Pembina Pipeline’s dividend payout ratio (DPR) is presently 104.41%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the stock. TD Securities reissued a “buy” rating on shares of Pembina Pipeline in a research note on Thursday, July 16th. Weiss Ratings cut Pembina Pipeline from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, August 18th. Wall Street Zen raised Pembina Pipeline from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Pembina Pipeline in a research note on Friday, July 3rd. Finally, Scotiabank downgraded Pembina Pipeline from a “sector outperform” rating to a “sector perform” rating in a research report on Monday, July 20th. Five analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $64.00.

Read Our Latest Research Report 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.