Guinness Asset Management LTD Invests $5.90 Million in TC Energy Corporation $TRP

Guinness Asset Management LTD bought a new stake in TC Energy Corporation (NYSE:TRP) (TSE:TRP) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 110,322 shares of the pipeline company’s stock, valued at approximately $5,897,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Campbell & CO Investment Adviser LLC acquired a new stake in TC Energy during the third quarter worth $1,391,000. Norges Bank acquired a new position in TC Energy in the second quarter valued at about $493,434,000. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT boosted its holdings in shares of TC Energy by 9.2% in the 3rd quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 1,365,500 shares of the pipeline company’s stock worth $74,297,000 after acquiring an additional 115,000 shares in the last quarter. Ausbil Investment Management Ltd boosted its stake in TC Energy by 33.2% in the third quarter. Ausbil Investment Management Ltd now owns 100,519 shares of the pipeline company’s stock worth $5,415,000 after purchasing an additional 25,026 shares in the last quarter. Finally, Vanguard Group Inc. lifted its position in TC Energy by 3.4% during the 2nd quarter. Vanguard Group Inc. now owns 45,907,306 shares of the pipeline company’s stock worth $2,241,195,000 after buying an additional 1,509,328 shares in the last quarter. 83.13% of the stock is currently owned by institutional investors.

TC Energy Stock Up 1.0%

Shares of TRP opened at $59.87 on Friday. TC Energy Corporation has a 52 week low of $43.59 and a 52 week high of $60.18. The firm’s 50-day simple moving average is $55.34 and its 200 day simple moving average is $52.93. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.56 and a current ratio of 0.63. The firm has a market cap of $62.32 billion, a P/E ratio of 25.81 and a beta of 0.73.

TC Energy (NYSE:TRP) (TSE:TRP) last released its quarterly earnings results on Thursday, November 6th. The pipeline company reported $0.56 earnings per share for the quarter, hitting the consensus estimate of $0.56. TC Energy had a return on equity of 10.61% and a net margin of 23.86%.The business had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $2.63 billion. During the same period last year, the firm posted $1.03 EPS. On average, analysts forecast that TC Energy Corporation will post 2.63 earnings per share for the current year.

Trending Headlines about TC Energy

Here are the key news stories impacting TC Energy this week:

• Positive Sentiment: US Capital Advisors raised several 2026–2027 EPS forecasts (small bumps to Q1, Q3 and Q4 2026 and a lift to FY2027), which supports a slightly improved earnings trajectory and likely helped buying interest. US Capital Advisors Estimates TC Energy FY2026 Earnings
• Neutral Sentiment: The revisions are modest and mixed — US Capital Advisors also trimmed FY2025 and Q4 2025 estimates while leaving the consensus full-year at about $2.63, so the fundamental change is incremental rather than transformational for TRP’s valuation.
• Negative Sentiment: Unusually large put-option buying — roughly 16,157 puts traded (about a 1,446% increase vs. normal daily put volume) — signals notable short-term bearish bets that can increase downward pressure or volatility in the stock. Investors Buy Large Volume of Put Options on TC Energy (NYSE:TRP)

Analyst Ratings Changes

A number of brokerages have commented on TRP. Morgan Stanley reiterated an “overweight” rating on shares of TC Energy in a research report on Wednesday, January 28th. Weiss Ratings reissued a “buy (b-)” rating on shares of TC Energy in a research report on Monday, December 29th. Cibc World Mkts lowered TC Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 9th. Royal Bank Of Canada increased their price objective on TC Energy from $74.00 to $84.00 and gave the stock an “outperform” rating in a report on Friday, November 7th. Finally, Cibc Captl Mkts upgraded shares of TC Energy from a “hold” rating to a “strong-buy” rating in a research note on Thursday, November 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $84.00.

TC Energy Company 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.