UBS Group AG decreased its stake in shares of TC Energy Corporation (NYSE:TRP – Free Report) (TSE:TRP) by 0.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,629,829 shares of the pipeline company’s stock after selling 8,340 shares during the period. UBS Group AG owned 0.16% of TC Energy worth $89,657,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. American Century Companies Inc. lifted its position in TC Energy by 514.5% during the 3rd quarter. American Century Companies Inc. now owns 6,491,799 shares of the pipeline company’s stock valued at $352,976,000 after purchasing an additional 5,435,310 shares during the period. Nicola Wealth Management LTD. lifted its position in TC Energy by 793.7% during the 3rd quarter. Nicola Wealth Management LTD. now owns 2,302,996 shares of the pipeline company’s stock valued at $125,229,000 after purchasing an additional 2,045,300 shares during the period. BROOKFIELD Corp ON acquired a new position in TC Energy during the 2nd quarter valued at about $78,443,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in TC Energy by 32.8% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,496,410 shares of the pipeline company’s stock valued at $244,650,000 after purchasing an additional 1,109,897 shares during the period. Finally, Capital Research Global Investors lifted its position in TC Energy by 2.5% during the 3rd quarter. Capital Research Global Investors now owns 41,977,582 shares of the pipeline company’s stock valued at $2,282,469,000 after purchasing an additional 1,041,864 shares during the period. Institutional investors and hedge funds own 83.13% of the company’s stock.
TC Energy Stock Performance
Shares of TRP stock opened at $66.62 on Friday. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.63 and a quick ratio of 0.56. The stock has a market cap of $69.40 billion, a PE ratio of 28.91 and a beta of 0.67. The stock has a 50-day moving average of $63.11 and a 200-day moving average of $57.79. TC Energy Corporation has a one year low of $46.29 and a one year high of $67.31.
TC Energy Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be paid a $0.8775 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $3.51 dividend on an annualized basis and a dividend yield of 5.3%. TC Energy’s dividend payout ratio is 109.57%.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on TRP. Scotiabank restated an “outperform” rating on shares of TC Energy in a research report on Tuesday, February 17th. Raymond James Financial upgraded shares of TC Energy to a “hold” rating in a research report on Tuesday, February 17th. Wall Street Zen upgraded shares of TC Energy from a “sell” rating to a “hold” rating in a research report on Saturday, February 14th. Canadian Imperial Bank of Commerce upgraded shares of TC Energy from a “neutral” rating to a “sector outperform” rating in a research report on Thursday, April 23rd. Finally, Wells Fargo & Company restated an “overweight” rating on shares of TC Energy in a research report on Monday, February 16th. Eight research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $77.00.
Key Stories Impacting TC Energy
Here are the key news stories impacting TC Energy this week:
- Positive Sentiment: Q1 results beat estimates and operations described as strong—TC Energy reported quarterly earnings above consensus and highlighted strong U.S. and Canada operations, plus seven delivery records across North America; the company also approved a US$1.5 billion Columbia Gas expansion project that could support future volume and revenue growth. Press Release
- Positive Sentiment: Multiple outlets confirm the beat—third-party coverage (Zacks, Reuters, Globe and Mail) notes EPS topped consensus and attributes the outperformance to robust North American operations, reinforcing the credibility of the beat. Zacks: Q1 Earnings
- Neutral Sentiment: Management released supplemental materials and hosted a conference call and slide deck — useful for investors who want detail on guidance, segment performance and capital allocation. Slide Deck / Press Release
- Negative Sentiment: Analyst downgrades/estimate cuts — US Capital Advisors lowered EPS forecasts for several quarters and trimmed FY2026/FY2027 numbers, which could weigh on near-term expectations and multiple expansion. (reported April 27)
- Negative Sentiment: Unusual options activity — a spike in put buying (large increase vs typical volume) suggests some investors are hedging or expressing bearish sentiment ahead of/after the report, potentially increasing short-term downside pressure.
TC Energy Profile
TC Energy (NYSE: TRP) is a North American energy infrastructure company headquartered in Calgary, Alberta. Formerly known as TransCanada, the company rebranded as TC Energy to reflect its broad presence across Canada, the United States and Mexico. TC Energy develops, owns and operates a diversified portfolio of energy infrastructure assets that play a central role in the transportation and delivery of energy across the continent.
The company’s principal businesses include long?distance natural gas transmission, liquids (crude oil) pipelines, natural gas storage and power generation.
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