Pembina Pipeline (NYSE:PBA) Stock Unloaded by Rep. Kevin Hern

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of Pembina Pipeline Corp. (NYSE:PBA). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $15,001 and $50,000 in Pembina Pipeline stock on August 27th. The trade occurred in the Representative’s “KEVIN HERN TRADITIONAL IRA” account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
• Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
• Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
• Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.

Pembina Pipeline Stock Performance

PBA stock traded down $0.49 during trading hours on Tuesday, hitting $44.56. 854,616 shares of the stock were exchanged, compared to its average volume of 1,082,125. Pembina Pipeline Corp. has a 12 month low of $36.20 and a 12 month 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 company has a 50-day simple moving average of $48.27 and a two-hundred day simple moving average of $47.12. The firm has a market capitalization of $25.92 billion, a P/E ratio of 21.84 and a beta of 0.58.

Pembina Pipeline (NYSE:PBA) (TSE:PPL) last announced its quarterly earnings data on Thursday, July 30th. The pipeline company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.01). Pembina Pipeline had a net margin of 22.41% and a return on equity of 11.41%. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.46 billion. During the same period in the prior year, the firm earned $0.65 earnings per share. Pembina Pipeline’s revenue was up 20.1% on a year-over-year basis. On average, analysts forecast that Pembina Pipeline Corp. will post 2.2 earnings per share for the current fiscal year.

Pembina Pipeline Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 15th will be issued a C$0.73 dividend. This represents a $2.94 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend is Tuesday, September 15th. Pembina Pipeline’s dividend payout ratio is currently 103.92%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on PBA. BMO Capital Markets restated a “market perform” rating on shares of Pembina Pipeline in a research report on Friday, July 31st. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Pembina Pipeline in a report on Friday, July 3rd. TD Securities reissued a “buy” rating on shares of Pembina Pipeline in a report on Thursday, July 16th. Weiss Ratings lowered Pembina Pipeline from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, September 18th. Finally, Wall Street Zen upgraded Pembina Pipeline from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $64.00.

Institutional Investors Weigh In On Pembina Pipeline

Several institutional investors and hedge funds have recently made changes to their positions in PBA. CIBC Asset Management Inc grew its position in shares of Pembina Pipeline by 17.8% during the fourth quarter. CIBC Asset Management Inc now owns 8,620,307 shares of the pipeline company’s stock worth $329,245,000 after purchasing an additional 1,304,227 shares in the last quarter. The Manufacturers Life Insurance Company purchased a new position in Pembina Pipeline in the 2nd quarter worth approximately $285,738,000. Canada Pension Plan Investment Board purchased a new position in Pembina Pipeline in the 2nd quarter worth approximately $264,907,000. Deutsche Bank AG bought a new position in Pembina Pipeline in the 2nd quarter worth approximately $262,233,000. Finally, Geode Capital Management LLC boosted its stake in Pembina Pipeline by 7.1% in the 4th quarter. Geode Capital Management LLC now owns 5,781,068 shares of the pipeline company’s stock worth $224,837,000 after purchasing an additional 385,201 shares during the period. Institutional investors and hedge funds own 55.37% of the company’s stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

Pembina Pipeline Company Profile

Pembina Pipeline Corporation is a Canadian energy infrastructure company that provides transportation and midstream services for the oil, natural gas and natural gas liquids industries. Its operations are focused primarily on Western Canada, where it connects hydrocarbon-producing regions with processing facilities, storage sites, refineries, petrochemical markets and export channels.

The company owns and operates an extensive network of pipelines and related infrastructure. Its services include hydrocarbon gathering and transportation, natural gas processing, fractionation and storage of natural gas liquids, terminalling and rail services.