Rep. Kevin Hern Sells Off Shares of Pembina Pipeline Corp. (NYSE:PBA)

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 Down 1.1%

Shares of Pembina Pipeline stock traded down $0.49 during trading on Tuesday, reaching $44.56. The stock had a trading volume of 819,036 shares, compared to its average volume of 1,262,311. 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 market capitalization of $25.92 billion, a price-to-earnings ratio of 21.84 and a beta of 0.58. The stock has a fifty day moving average price of $48.39 and a two-hundred day moving average price of $47.12. Pembina Pipeline Corp. has a 52 week low of $36.20 and a 52 week high of $51.58.

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

Pembina Pipeline Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders 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 dividend yield of 6.6%. The ex-dividend date is Tuesday, September 15th. Pembina Pipeline’s payout ratio is 103.92%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the stock. Weiss Ratings lowered shares of Pembina Pipeline from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, September 18th. Wall Street Zen raised shares of Pembina Pipeline from a “sell” rating to a “hold” rating in a research report on Saturday, July 25th. Scotiabank cut shares of Pembina Pipeline from a “sector outperform” rating to a “sector perform” rating in a research report on Monday, July 20th. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Pembina Pipeline in a research note on Friday, July 3rd. Finally, TD Securities restated a “buy” rating on shares of Pembina Pipeline in a report on Thursday, July 16th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $64.00.

Institutional Investors Weigh In On Pembina Pipeline

A number of institutional investors and hedge funds have recently modified their holdings of PBA. CIBC Asset Management Inc increased its position in 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 buying an additional 1,304,227 shares during the last quarter. The Manufacturers Life Insurance Company bought a new position in shares of Pembina Pipeline during the 2nd quarter worth approximately $285,738,000. Geode Capital Management LLC increased its holdings in shares of Pembina Pipeline by 7.1% during the 4th quarter. Geode Capital Management LLC now owns 5,781,068 shares of the pipeline company’s stock worth $224,837,000 after acquiring an additional 385,201 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of Pembina Pipeline during the 2nd quarter worth approximately $264,907,000. Finally, Deutsche Bank AG bought a new stake in Pembina Pipeline in the 2nd quarter valued at $262,233,000. 55.37% of the stock is owned by institutional investors.

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.