Bank of America Corp DE Sells 457,461 Shares of Plains All American Pipeline Lp $PAA

Bank of America Corp DE lessened its position in shares of Plains All American Pipeline Lp (NASDAQ:PAA) by 8.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,902,155 shares of the company’s stock after selling 457,461 shares during the period. Bank of America Corp DE’s holdings in Plains All American Pipeline were worth $109,465,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of PAA. D.A. Davidson & CO. lifted its stake in Plains All American Pipeline by 1.6% in the first quarter. D.A. Davidson & CO. now owns 28,439 shares of the company’s stock valued at $635,000 after buying an additional 453 shares during the period. Summit Financial LLC grew its position in shares of Plains All American Pipeline by 1.0% during the 4th quarter. Summit Financial LLC now owns 61,265 shares of the company’s stock worth $1,100,000 after buying an additional 599 shares during the period. Newbridge Financial Services Group Inc. increased its stake in shares of Plains All American Pipeline by 40.7% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 2,263 shares of the company’s stock valued at $41,000 after acquiring an additional 655 shares in the last quarter. Symphony Financial Services Inc. lifted its position in shares of Plains All American Pipeline by 1.4% during the 4th quarter. Symphony Financial Services Inc. now owns 52,496 shares of the company’s stock valued at $943,000 after acquiring an additional 715 shares during the period. Finally, Sippican Capital Advisors lifted its position in shares of Plains All American Pipeline by 2.4% during the 4th quarter. Sippican Capital Advisors now owns 32,800 shares of the company’s stock valued at $589,000 after acquiring an additional 775 shares during the period. Institutional investors and hedge funds own 41.78% of the company’s stock.

Plains All American Pipeline Trading Down 3.0%

NASDAQ PAA opened at $22.81 on Friday. The business’s fifty day moving average is $22.99 and its 200-day moving average is $21.94. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.94 and a quick ratio of 0.88. The stock has a market capitalization of $16.09 billion, a price-to-earnings ratio of 17.41, a PEG ratio of 7.90 and a beta of 0.50. Plains All American Pipeline Lp has a one year low of $15.69 and a one year high of $25.03.

Plains All American Pipeline (NASDAQ:PAA) last announced its quarterly earnings data on Friday, August 7th. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.09). The firm had revenue of $17.69 billion during the quarter. Plains All American Pipeline had a return on equity of 12.17% and a net margin of 2.53%.The business’s revenue was up 66.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.36 earnings per share. Equities research analysts predict that Plains All American Pipeline Lp will post 1.83 EPS for the current year.

Plains All American Pipeline Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be given a dividend of $0.4175 per share. This represents a $1.67 annualized dividend and a yield of 7.3%. The ex-dividend date is Friday, July 31st. Plains All American Pipeline’s payout ratio is presently 127.48%.

Analysts Set New Price Targets

A number of equities research analysts have commented on PAA shares. Morgan Stanley raised their price target on shares of Plains All American Pipeline from $23.00 to $25.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 20th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $23.00 price objective on shares of Plains All American Pipeline in a report on Tuesday, July 21st. UBS Group restated a “buy” rating on shares of Plains All American Pipeline in a research note on Tuesday, June 16th. The Goldman Sachs Group raised Plains All American Pipeline from a “sell” rating to a “neutral” rating and boosted their target price for the company from $18.00 to $24.00 in a research report on Wednesday, June 3rd. Finally, Zacks Research downgraded Plains All American Pipeline from a “hold” rating to a “strong sell” rating in a research note on Friday, July 10th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, Plains All American Pipeline has a consensus rating of “Hold” and a consensus target price of $23.23.

Plains All American Pipeline News Summary

Here are the key news stories impacting Plains All American Pipeline this week:

• Positive Sentiment: Higher crude-oil volumes helped support second-quarter results, while revenue increased 66.3% year over year to $17.69 billion. The company also maintained its 2026 adjusted EBITDA outlook, signaling confidence in its operating performance. Plains All American Q2 Earnings Beat Estimates, Sales Increase Year over Year
• Positive Sentiment: Plains plans $400 million to $450 million of 2026 growth capital spending and expects to add 75,000 barrels per day of capacity at Cactus III. The expansion could improve future transportation capacity and long-term cash-flow potential. Plains Targets 400 Million to 450 Million Dollars of 2026 Growth Capital Spending
• Neutral Sentiment: Management’s earnings call focused on volume growth, infrastructure expansion and the company’s full-year outlook. Investors will likely weigh the benefits of additional capacity against the capital required to build it. Plains All American Pipeline Q2 2026 Earnings Call Transcript
• Negative Sentiment: Reported EPS was $0.41, below the $0.50 consensus estimate, although it improved from $0.36 in the year-earlier quarter. The earnings miss may be weighing on investor sentiment despite the revenue growth and operational improvements. Plains All American Pipeline Second-Quarter Earnings Report

Plains All American Pipeline Profile

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.