Zions Bancorporation National Association UT Sells 32,667 Shares of TC Energy Corporation $TRP

Zions Bancorporation National Association UT cut its position in shares of TC Energy Corporation (NYSE:TRP) (TSE:TRP) by 23.2% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 108,434 shares of the pipeline company’s stock after selling 32,667 shares during the quarter. Zions Bancorporation National Association UT’s holdings in TC Energy were worth $5,900,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of TRP. Campbell & CO Investment Adviser LLC bought a new stake in shares of TC Energy during the 3rd quarter worth about $1,391,000. Norges Bank acquired a new position in shares of TC Energy in the second quarter valued at approximately $493,434,000. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT increased its stake in shares of TC Energy by 9.2% during the third 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 purchasing an additional 115,000 shares during the period. Advisors Asset Management Inc. increased its stake in shares of TC Energy by 38.8% during the third quarter. Advisors Asset Management Inc. now owns 88,140 shares of the pipeline company’s stock worth $4,796,000 after purchasing an additional 24,617 shares during the period. Finally, Ausbil Investment Management Ltd lifted its holdings in TC Energy by 33.2% during the 3rd 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 during the last quarter. Institutional investors and hedge funds own 83.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on TRP shares. Wall Street Zen raised TC Energy from a “sell” rating to a “hold” rating in a report on Saturday. Scotiabank reiterated an “outperform” rating on shares of TC Energy in a research note on Monday, October 20th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TC Energy in a report on Monday, December 29th. Royal Bank Of Canada boosted their price target on TC Energy from $74.00 to $84.00 and gave the company an “outperform” rating in a research note on Friday, November 7th. Finally, Canadian Imperial Bank of Commerce raised TC Energy from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $84.00.

Trending Headlines about TC Energy

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

• Positive Sentiment: Q4 results topped consensus estimates, sending investor optimism about near-term cash generation. Management reported EPS above street forecasts and solid margins. MarketBeat Q4 earnings
• Positive Sentiment: Shares rose to near all-time highs after the earnings beat, reflecting positive market reception alongside peer strength (Enbridge). MSN: Enbridge, TC Energy rise to all-time highs
• Positive Sentiment: Operational performance was highlighted: strongest safety performance in five years, 15 flow records in 2025, and management signaled progress in commercial discussions that could lead to incremental project announcements in 2026. The company also raised its dividend for the 26th consecutive year. GlobeNewswire: Q4 and full-year results
• Neutral Sentiment: TC Energy filed its 2025 audited consolidated financial statements and annual disclosure documents, providing more detail for investors to review (MD&A, AIF). These disclosures support transparency but are informational rather than catalytic. GlobeNewswire: annual disclosure filing
• Neutral Sentiment: Quarterly materials and the conference call/slide deck are available for investors to assess guidance, project updates and segment detail. Press release / slide deck
• Negative Sentiment: Despite beating estimates, reported EPS was lower than the same quarter a year ago (quarterly comparisons mixed across sources), which could temper enthusiasm about growth trajectory. Reuters: beats Q4 profit estimates
• Negative Sentiment: Balance-sheet and liquidity metrics remain potential headwinds: low quick/current ratios (around 0.56/0.63) and a debt-to-equity near 1.6 increase sensitivity to rate and funding risks for capital projects. Investors should weigh the dividend reliability against leverage.

TC Energy Stock Performance

Shares of TC Energy stock opened at $63.52 on Monday. The company has a current ratio of 0.63, a quick ratio of 0.56 and a debt-to-equity ratio of 1.60. The company has a market cap of $66.13 billion, a PE ratio of 27.33 and a beta of 0.73. The company has a 50 day moving average of $56.15 and a 200-day moving average of $53.58. TC Energy Corporation has a 1-year low of $43.59 and a 1-year high of $63.94.

TC Energy (NYSE:TRP) (TSE:TRP) last released its earnings results on Friday, February 13th. The pipeline company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.05. TC Energy had a return on equity of 10.47% and a net margin of 23.04%.The firm had revenue of $2.20 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same period in the prior year, the company earned $1.05 earnings per share. As a group, equities research analysts forecast that TC Energy Corporation will post 2.63 earnings per share for the current fiscal year.

TC Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st will be paid a $0.8775 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This is a positive change from TC Energy’s previous quarterly dividend of $0.85. This represents a $3.51 annualized dividend and a dividend yield of 5.5%. TC Energy’s payout ratio is currently 106.90%.

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.