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
Shares of PBA stock traded down $0.49 during trading on Tuesday, hitting $44.56. The company’s stock had a trading volume of 854,616 shares, compared to its average volume of 1,262,478. 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 cap of $25.92 billion, a PE ratio of 21.84 and a beta of 0.58. The business has a fifty day moving average of $48.27 and a 200-day moving average of $47.12. Pembina Pipeline Corp. has a 52 week low of $36.20 and a 52 week high of $51.58.
Pembina Pipeline Announces Dividend
The firm also recently announced 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. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $2.94 annualized dividend and a dividend yield of 6.6%. Pembina Pipeline’s dividend payout ratio is currently 103.92%.
Hedge Funds Weigh In On Pembina Pipeline
A number of institutional investors and hedge funds have recently added to or reduced their stakes in PBA. Western Wealth Management LLC bought a new position in Pembina Pipeline in the 1st quarter worth approximately $25,000. Dunhill Financial LLC bought a new stake in Pembina Pipeline during the 2nd quarter valued at $31,000. N.E.W. Advisory Services LLC purchased a new stake in shares of Pembina Pipeline during the second quarter worth $31,000. Integrated Wealth Concepts LLC purchased a new stake in shares of Pembina Pipeline during the second quarter worth $33,000. Finally, Tobam bought a new position in shares of Pembina Pipeline in the fourth quarter worth $28,000. Institutional investors own 55.37% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on PBA. Wall Street Zen raised shares of Pembina Pipeline from a “sell” rating to a “hold” rating in a report on Saturday, July 25th. BMO Capital Markets restated a “market perform” rating on shares of Pembina Pipeline in a report on Friday, July 31st. TD Securities reaffirmed a “buy” rating on shares of Pembina Pipeline in a research report on Thursday, July 16th. Scotiabank cut shares of Pembina Pipeline from a “sector outperform” rating to a “sector perform” rating in a research note on Monday, July 20th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Pembina Pipeline in a research note on Friday, July 3rd. Five analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Pembina Pipeline has an average rating of “Moderate Buy” and an average price target of $64.00.
Check Out Our Latest Report on Pembina Pipeline
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.
About Pembina Pipeline
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.
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