Crescent Grove Advisors LLC Decreases Stock Position in Plains All American Pipeline Lp $PAA

Posted by Francis Steltz on Jun 4th, 2026

Crescent Grove Advisors LLC reduced its position in Plains All American Pipeline Lp (NASDAQ:PAA – Free Report) by 21.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 109,604 shares of the company’s stock after selling 29,056 shares during the period. Crescent Grove Advisors LLC’s holdings in Plains All American Pipeline were worth $1,968,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in PAA. CIBC Bancorp USA Inc. purchased a new position in Plains All American Pipeline in the 3rd quarter worth approximately $87,462,000. Goldman Sachs Group Inc. raised its holdings in Plains All American Pipeline by 17.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 20,049,972 shares of the company’s stock worth $360,097,000 after acquiring an additional 3,033,216 shares during the last quarter. Berkley W R Corp purchased a new position in Plains All American Pipeline in the 3rd quarter worth approximately $32,871,000. Alps Advisors Inc. raised its holdings in Plains All American Pipeline by 2.2% in the 3rd quarter. Alps Advisors Inc. now owns 76,066,823 shares of the company’s stock worth $1,297,700,000 after acquiring an additional 1,663,908 shares during the last quarter. Finally, BROOKFIELD Corp ON raised its holdings in Plains All American Pipeline by 18.9% in the 2nd quarter. BROOKFIELD Corp ON now owns 6,774,650 shares of the company’s stock worth $124,112,000 after acquiring an additional 1,076,291 shares during the last quarter. 41.78% of the stock is currently owned by hedge funds and other institutional investors.

Plains All American Pipeline Trading Down 0.2%

NASDAQ:PAA opened at $22.91 on Thursday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.88 and a current ratio of 0.94. Plains All American Pipeline Lp has a 12 month low of $15.69 and a 12 month high of $24.26. The company has a market cap of $16.16 billion, a P/E ratio of 17.49, a PEG ratio of 10.51 and a beta of 0.50. The stock has a 50 day moving average of $22.31.

Plains All American Pipeline (NASDAQ:PAA – Get Free Report) last posted its earnings results on Friday, May 8th. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). Plains All American Pipeline had a return on equity of 12.17% and a net margin of 2.53%.The company had revenue of $12.47 billion during the quarter. During the same period in the previous year, the business posted $0.39 earnings per share. The company’s revenue for the quarter was up 8.7% compared to the same quarter last year. Research analysts forecast that Plains All American Pipeline Lp will post 1.56 earnings per share for the current year.

Plains All American Pipeline Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were given a dividend of $0.4175 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a $1.67 dividend on an annualized basis and a dividend yield of 7.3%. Plains All American Pipeline’s payout ratio is presently 127.48%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on PAA. Barclays boosted their price objective on shares of Plains All American Pipeline from $18.00 to $21.00 and gave the stock an “underweight” rating in a report on Friday, April 10th. The Goldman Sachs Group raised shares of Plains All American Pipeline from a “sell” rating to a “neutral” rating and set a $24.00 target price for the company in a research report on Wednesday. UBS Group reaffirmed a “buy” rating on shares of Plains All American Pipeline in a research report on Monday, February 9th. Wells Fargo & Company lifted their target price on shares of Plains All American Pipeline from $22.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 12th. Finally, Royal Bank Of Canada lifted their target price on shares of Plains All American Pipeline from $20.00 to $21.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 17th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Plains All American Pipeline presently has a consensus rating of “Hold” and a consensus target price of $22.64.

View Our Latest Analysis on Plains All American Pipeline

Plains All American Pipeline Company Profile

(Free Report)

Plains All American Pipeline (NASDAQ: PAA) is a publicly traded energy infrastructure company that provides midstream services for crude oil and natural gas liquids (NGLs). The company’s core activities include gathering, transporting, storing and marketing hydrocarbons, using an integrated network of pipelines, storage terminals, rail and truck transloading facilities. Plains also offers logistics and marketing services that connect upstream producers with refiners, traders and export markets.

Plains owns and operates a portfolio of pipeline and terminal assets concentrated in major U.S.