Plains All American Pipeline (NASDAQ:PAA) Stock Rating Cut to Hold at Wall Street Zen

Wall Street Zen cut shares of Plains All American Pipeline (NASDAQ:PAA) from a buy rating to a hold rating in a research report report published on Saturday morning,Wall Street Zen reports.

A number of other analysts have also recently commented on the company. JPMorgan Chase & Co. upped their price target on Plains All American Pipeline from $24.00 to $27.00 and gave the company a “neutral” rating in a research note on Thursday, September 3rd. Mizuho boosted their price objective on shares of Plains All American Pipeline from $27.00 to $30.00 and gave the company an “outperform” rating in a report on Monday, September 21st. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $28.00 target price on shares of Plains All American Pipeline in a research note on Monday, October 19th. Weiss Ratings lowered shares of Plains All American Pipeline from a “buy (a-)” rating to a “buy (b+)” rating in a report on Wednesday, October 14th. Finally, Truist Financial lifted their price target on shares of Plains All American Pipeline from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $26.07.

Plains All American Pipeline Stock Down 2.5%

NASDAQ:PAA opened at $23.92 on Friday. Plains All American Pipeline has a 12-month low of $16.35 and a 12-month high of $26.98. The company has a quick ratio of 1.10, a current ratio of 1.12 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $16.88 billion, a P/E ratio of 7.97, a P/E/G ratio of 8.47 and a beta of 0.58. The stock’s fifty day simple moving average is $25.23 and its 200-day simple moving average is $22.94.

Plains All American Pipeline (NASDAQ:PAA) last released its earnings results on Friday, November 6th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.44). Plains All American Pipeline had a net margin of 5.29% and a return on equity of 12.13%. The company had revenue of $15.17 billion during the quarter. During the same quarter last year, the firm earned $0.39 earnings per share. The company’s revenue for the quarter was up 31.1% on a year-over-year basis. Equities research analysts expect that Plains All American Pipeline will post 1.73 earnings per share for the current year.

Plains All American Pipeline Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 30th will be given a $0.4175 dividend. This represents a $1.67 annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend is Friday, October 30th. Plains All American Pipeline’s payout ratio is currently 46.26%.

Hedge Funds Weigh In On Plains All American Pipeline

A number of large investors have recently added to or reduced their stakes in PAA. Allied Private Wealth LLC bought a new position in shares of Plains All American Pipeline during the second quarter worth about $33,000. Bullseye Investment Management LLC acquired a new stake in Plains All American Pipeline in the 2nd quarter valued at approximately $44,000. MADDEN SECURITIES Corp bought a new stake in Plains All American Pipeline in the 3rd quarter valued at approximately $52,000. Scarborough Advisors LLC bought a new stake in shares of Plains All American Pipeline in the first quarter worth $80,000. Finally, EverSource Wealth Advisors LLC lifted its position in Plains All American Pipeline by 1,164.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,794 shares of the company’s stock worth $85,000 after buying an additional 3,494 shares in the last quarter. Institutional investors own 41.78% of the company’s stock.

Key Stories Impacting Plains All American Pipeline

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

• Positive Sentiment: PAA raised its distribution, a shareholder return measure that may appeal to income-focused investors. Plains All American Reports Third-Quarter Results, Distribution Rises
• Positive Sentiment: Higher pipeline volumes and the Cactus III acquisition boosted EBITDA. Management also narrowed its 2026 adjusted EBITDA outlook to about $2.88 billion, plus or minus $50 million, and is targeting roughly 200,000 barrels per day of Permian growth—potentially supporting future throughput. Plains All American narrows 2026 adjusted EBITDA guidance
• Neutral Sentiment: Revenue rose 31.1% year over year to $15.17 billion, though revenue growth alone did not translate into earnings that met expectations. Plains All American Q3 earnings lag estimates, sales increase year over year
• Negative Sentiment: Quarterly EPS was a loss of $0.04, versus analyst expectations for earnings of $0.40 and $0.39 earned a year earlier. The sizable miss is a likely near-term headwind, despite higher sales. Plains All American quarterly earnings results

About Plains All American Pipeline