Pembina Pipeline (NYSE:PBA) Stock Sold Rep. Virginia Foxx

Representative Virginia Foxx (R-North Carolina) recently sold shares of Pembina Pipeline Co. (NYSE:PBA). In a filing disclosed on April 04th, the Representative disclosed that they had sold between $50,001 and $100,000 in Pembina Pipeline stock on March 7th.

Representative Virginia Foxx also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Ellington Financial (NYSE:EFC) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Alliance Resource Partners (NASDAQ:ARLP) on 3/7/2025.
• Sold $50,001 – $100,000 in shares of Energy Transfer (NYSE:ET) on 3/7/2025.
• Sold $15,001 – $50,000 in shares of FLEX LNG (NYSE:FLNG) on 3/7/2025.
• Purchased $1,001 – $15,000 in shares of Hercules Capital (NYSE:HTGC) on 3/5/2025.
• Purchased $1,001 – $15,000 in shares of Energy Transfer (NYSE:ET) on 2/19/2025.
• Purchased $1,001 – $15,000 in shares of Alliance Resource Partners (NASDAQ:ARLP) on 2/14/2025.

Pembina Pipeline Trading Down 2.1 %

Shares of PBA stock opened at $36.39 on Tuesday. Pembina Pipeline Co. has a fifty-two week low of $33.83 and a fifty-two week high of $43.44. The company has a quick ratio of 0.51, a current ratio of 0.65 and a debt-to-equity ratio of 0.79. The stock has a 50-day simple moving average of $37.83 and a 200 day simple moving average of $39.22. The stock has a market capitalization of $21.13 billion, a P/E ratio of 15.04 and a beta of 0.89.

Pembina Pipeline Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Monday, March 17th were given a $0.4783 dividend. The ex-dividend date was Monday, March 17th. This represents a $1.91 dividend on an annualized basis and a yield of 5.26%. Pembina Pipeline’s dividend payout ratio (DPR) is 86.76%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. FMR LLC grew its holdings in shares of Pembina Pipeline by 1,396.8% during the 3rd quarter. FMR LLC now owns 547,448 shares of the pipeline company’s stock valued at $22,573,000 after acquiring an additional 510,873 shares in the last quarter. Glenmede Trust Co. NA boosted its position in Pembina Pipeline by 252.6% during the third quarter. Glenmede Trust Co. NA now owns 7,051 shares of the pipeline company’s stock valued at $291,000 after purchasing an additional 5,051 shares during the last quarter. HighTower Advisors LLC boosted its position in Pembina Pipeline by 11.0% during the third quarter. HighTower Advisors LLC now owns 24,428 shares of the pipeline company’s stock valued at $1,007,000 after purchasing an additional 2,424 shares during the last quarter. Janus Henderson Group PLC grew its stake in Pembina Pipeline by 293.2% in the third quarter. Janus Henderson Group PLC now owns 179,615 shares of the pipeline company’s stock valued at $7,413,000 after purchasing an additional 133,939 shares in the last quarter. Finally, Point72 Asset Management L.P. increased its position in Pembina Pipeline by 114.4% in the 3rd quarter. Point72 Asset Management L.P. now owns 536,545 shares of the pipeline company’s stock worth $22,121,000 after purchasing an additional 286,267 shares during the last quarter. 55.37% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on PBA. Wells Fargo & Company lowered shares of Pembina Pipeline from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 18th. Citigroup upgraded Pembina Pipeline from a “neutral” rating to a “buy” rating in a research report on Monday, March 10th. Barclays started coverage on Pembina Pipeline in a report on Thursday, December 12th. They issued an “overweight” rating on the stock. Finally, TD Securities began coverage on Pembina Pipeline in a report on Wednesday, January 15th. They set a “buy” rating for the company. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $56.50.

About Representative Foxx

Virginia Foxx (Republican Party) is a member of the U.S. House, representing North Carolina’s 5th Congressional District. She assumed office on January 3, 2005. Her current term ends on January 3, 2027.

Foxx (Republican Party) ran for re-election to the U.S. House to represent North Carolina’s 5th Congressional District. She won in the general election on November 5, 2024.

Foxx was born in New York, New York. She earned a B.A. and M.A.C.T. from the University of North Carolina, Chapel Hill, in 1968 and 1972, respectively, and an Ed.D. from the University of North Carolina, Greensboro, in 1985.

Foxx worked as an instructor at Caldwell Community College in Hudson, NC, and an instructor and assistant dean at Appalachian State University in Boone, NC. She owned a landscape nursery and served as Deputy Secretary for Management at the North Carolina Department of Administration.

About Pembina Pipeline

Pembina Pipeline Corporation provides energy transportation and midstream services. It operates through three segments: Pipelines, Facilities, and Marketing & New Ventures. The Pipelines segment operates conventional, oil sands and heavy oil, and transmission assets with a transportation capacity of 2.9 millions of barrels of oil equivalent per day, the ground storage capacity of 10 millions of barrels, and rail terminalling capacity of approximately 105 thousands of barrels of oil equivalent per day serving markets and basins across North America.