Plains All American Pipeline (NASDAQ:PAA) Hits New 1-Year High – Here’s What Happened

16 Sep 2026, 09:01 by Sarita Garza · The Markets Daily

Plains All American Pipeline Lp (NASDAQ:PAA – Get Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as $26.39 and last traded at $26.1850, with a volume of 112414 shares. The stock had previously closed at $26.10.

Wall Street Analyst Weigh In

PAA has been the subject of a number of analyst reports. Zacks Research upgraded Plains All American Pipeline from a “strong sell” rating to a “hold” rating in a research report on Monday, August 10th. Royal Bank Of Canada increased their target price on Plains All American Pipeline from $23.00 to $26.00 and gave the stock a “sector perform” rating in a research report on Monday, August 17th. UBS Group reiterated a “buy” rating on shares of Plains All American Pipeline in a research note on Tuesday, June 16th. Wall Street Zen downgraded shares of Plains All American Pipeline from a “buy” rating to a “hold” rating in a report on Saturday, August 29th. Finally, US Capital Advisors lowered shares of Plains All American Pipeline from a “strong-buy” rating to a “moderate buy” rating in a research report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $24.31.

Check Out Our Latest Research Report on PAA

Plains All American Pipeline Stock Performance

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 company has a 50-day moving average price of $24.47 and a 200-day moving average price of $22.94. The firm has a market capitalization of $18.18 billion, a price-to-earnings ratio of 7.14, a P/E/G ratio of 9.05 and a beta of 0.52.

Plains All American Pipeline (NASDAQ:PAA – Get Free Report) last posted its earnings results on Friday, August 7th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.09). The business had revenue of $17.69 billion during the quarter. Plains All American Pipeline had a net margin of 5.29% and a return on equity of 12.13%. Plains All American Pipeline’s revenue for the quarter was up 66.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.36 EPS. As a group, equities research analysts forecast that Plains All American Pipeline Lp will post 1.75 earnings per share for the current year.

Plains All American Pipeline Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 14th. Stockholders of record on Friday, July 31st were paid a $0.4175 dividend. The ex-dividend date of this dividend was Friday, July 31st. This represents a $1.67 annualized dividend and a dividend yield of 6.5%. Plains All American Pipeline’s dividend payout ratio is presently 46.26%.

Institutional Investors Weigh In On Plains All American Pipeline

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. lifted its position in shares of Plains All American Pipeline by 17.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 20,049,972 shares of the company’s stock valued at $360,097,000 after acquiring an additional 3,033,216 shares during the last quarter. BROOKFIELD Corp ON grew its holdings in shares of Plains All American Pipeline by 428.2% in the 1st quarter. BROOKFIELD Corp ON now owns 3,691,435 shares of the company’s stock worth $82,430,000 after acquiring an additional 2,992,549 shares during the last quarter. Cohen & Steers Inc. grew its holdings in shares of Plains All American Pipeline by 97.9% in the 4th quarter. Cohen & Steers Inc. now owns 2,502,309 shares of the company’s stock worth $44,941,000 after acquiring an additional 1,237,877 shares during the last quarter. Mizuho Markets Americas LLC acquired a new stake in shares of Plains All American Pipeline during the first quarter worth $16,819,000. Finally, Americana Partners LLC raised its position in shares of Plains All American Pipeline by 110.9% during the fourth quarter. Americana Partners LLC now owns 578,541 shares of the company’s stock worth $10,391,000 after purchasing an additional 304,247 shares during the period. 41.78% of the stock is currently owned by institutional investors.

About Plains All American Pipeline

(Get Free Report)

Plains All American Pipeline, L.P. is a midstream energy infrastructure company that provides transportation, storage, gathering, logistics and related services for crude oil and natural gas liquids (NGLs). The company generally does not produce oil or gas; instead, it helps move and manage hydrocarbons from producing regions to refineries, processing facilities, export terminals and other end markets.