14 Best Energy Infrastructure Stocks to Buy Now

10. Plains GP Holdings, L.P. (NASDAQ:PAGP)

Number of Hedge Fund Holders: 20

Plains GP Holdings, L.P. (NASDAQ:PAGP) owns and operates midstream infrastructure systems in the United States and Canada. It operates through Crude Oil and Natural Gas Liquids (NGLs) segments.

On April 10, Barclays raised its price target on Plains GP Holdings, L.P. (NASDAQ:PAGP) from $18 to $21, but kept its ‘Underweight’ rating on the shares. That said, the increased target still indicates a downside of over 12% from the current levels.

The move comes as Barclays sees long-term growth prospects for Plains GP Holdings, L.P. (NASDAQ:PAGP), driven by the structurally higher crude prices amid the US-Iran conflict, as well as the increased production activity in the United States.

Similarly, the analysts over at Truist and Morgan Stanley have also turned more bullish on Plains GP Holdings, L.P. (NASDAQ:PAGP) and recently raised their respective price targets on the stock (read more details here).

In other news, Plains GP Holdings, L.P. (NASDAQ:PAGP) announced a quarterly dividend of $0.4175 per share on April 8. The dividend is payable on May 15 to all shareholders of record May 1, 2026. The stock currently has a strong annual dividend yield of 7.08%.