Pembina Pipeline (NYSE:PBA) Hits New 52-Week High – Time to Buy?

Posted by Brian Himes on Jul 16th, 2026

Pembina Pipeline Corp. (NYSE:PBA – Get Free Report) (TSE:PPL)’s share price reached a new 52-week high on Tuesday . The company traded as high as $50.13 and last traded at $49.9350, with a volume of 46383 shares trading hands. The stock had previously closed at $49.65.

Wall Street Analyst Weigh In

PBA has been the topic of a number of research reports. Royal Bank Of Canada lifted their price target 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. JPMorgan Chase & Co. raised their target price on Pembina Pipeline from $55.00 to $60.00 and gave the stock a “neutral” rating in a research report on Thursday, March 19th. BMO Capital Markets restated a “market perform” rating and issued a $68.00 target price on shares of Pembina Pipeline in a research note on Friday, July 3rd. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Pembina Pipeline in a research report on Friday, July 3rd. Finally, TD Securities raised Pembina Pipeline from a “hold” rating to a “buy” rating in a research report on Tuesday, May 26th. Six analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Pembina Pipeline currently has a consensus rating of “Hold” and a consensus price target of $64.00.

View Our Latest Report on PBA

Pembina Pipeline Stock Up 0.7%

The company has a quick ratio of 0.68, a current ratio of 0.83 and a debt-to-equity ratio of 0.84. The company has a market cap of $29.26 billion, a PE ratio of 26.21 and a beta of 0.57. The stock has a 50-day moving average of $47.77 and a 200-day moving average of $44.40.

Pembina Pipeline (NYSE:PBA – Get Free Report) (TSE:PPL) last posted its earnings results on Thursday, May 7th. The pipeline company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.52 by $0.07. The business had revenue of $1.11 billion during the quarter, compared to analysts’ expectations 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 was down 7.7% on a year-over-year basis. During the same period in the previous year, the business earned $0.80 earnings per share. Sell-side analysts predict that Pembina Pipeline Corp. will post 2.23 earnings per share for the current fiscal year.

Pembina Pipeline Increases Dividend

The firm 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. The ex-dividend date of this dividend was Monday, June 15th. 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%. Pembina Pipeline’s payout ratio is presently 110.94%.

Institutional Investors Weigh In On Pembina Pipeline

A number of institutional investors and hedge funds have recently bought and sold shares of PBA. Cardinal Capital Management Inc. grew its position in Pembina Pipeline by 10.0% in the fourth quarter. Cardinal Capital Management Inc. now owns 3,274,336 shares of the pipeline company’s stock worth $124,621,000 after acquiring an additional 298,412 shares in the last quarter. TD Waterhouse Canada Inc. raised its position in Pembina Pipeline by 2.5% during the fourth quarter. TD Waterhouse Canada Inc. now owns 1,703,413 shares of the pipeline company’s stock valued at $64,798,000 after purchasing an additional 40,944 shares in the last quarter. Vanguard Group Inc. lifted its stake in Pembina Pipeline by 2.0% during the fourth quarter. Vanguard Group Inc. now owns 27,233,442 shares of the pipeline company’s stock worth $1,037,512,000 after purchasing an additional 541,615 shares during the last quarter. K.J. Harrison & Partners Inc lifted its stake in Pembina Pipeline by 27.3% during the fourth quarter. K.J. Harrison & Partners Inc now owns 207,560 shares of the pipeline company’s stock worth $7,919,000 after purchasing an additional 44,500 shares during the last quarter. Finally, TABR Capital Management LLC purchased a new position in shares of Pembina Pipeline in the 4th quarter worth about $3,056,000. 55.37% of the stock is owned by hedge funds and other institutional investors.

Pembina Pipeline Company Profile

(Get 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.