Vise Technologies Inc. bought a new stake in TC Energy Corporation (NYSE:TRP – Free Report) (TSE:TRP) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 17,139 shares of the pipeline company’s stock, valued at approximately $1,136,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Asahi Life Asset Management CO. LTD. acquired a new position in shares of TC Energy during the second quarter worth $378,000. West Family Investments Inc. acquired a new stake in shares of TC Energy during the 2nd quarter valued at $358,000. Tacita Capital Inc bought a new stake in TC Energy during the 2nd quarter worth $4,211,000. NewEdge Wealth LLC acquired a new position in TC Energy in the 2nd quarter worth about $245,000. Finally, Amplify Investments LLC acquired a new position in TC Energy in the 2nd quarter worth about $294,000. Institutional investors own 83.13% of the company’s stock.
TC Energy News Summary
Here are the key news stories impacting TC Energy this week:
- Positive Sentiment: US Capital Advisors upgraded TC Energy to “Moderate Buy” from “Hold,” providing a more constructive view of the pipeline operator’s shares. Zacks.com
- Positive Sentiment: Scotiabank raised its earnings forecasts and maintained an “Outperform” rating, increasing its FY2026 EPS estimate to $2.76 from $2.69 and its FY2027 estimate to $2.89 from $2.83. The revisions suggest expectations for stronger earnings growth than previously projected. TC Energy analyst estimates
- Positive Sentiment: US Capital Advisors raised its FY2026 EPS forecast to $2.80 from $2.63, while lifting estimates for the third and fourth quarters of 2026 to $0.64 and $0.77, respectively. These forecasts are above the firm’s earlier estimates and broadly support the current-year earnings outlook. TC Energy 2026 earnings estimates
- Neutral Sentiment: The analyst views are mixed: current-year EPS expectations range around $2.75 to $2.80, while US Capital Advisors forecasts FY2027 EPS of $2.69 and FY2028 EPS of $2.81. Investors may remain cautious until the outlook becomes more consistent across firms.
- Negative Sentiment: US Capital Advisors reduced nearly all of its 2027 and 2028 forecasts: FY2027 EPS fell to $2.69 from $2.76, FY2028 EPS to $2.81 from $2.83, and estimates for the first three quarters of 2027 were also trimmed. The cuts imply softer longer-term earnings momentum and are likely weighing on sentiment. US Capital Advisors TC Energy estimates
Analysts Set New Price Targets
Check Out Our Latest Research Report on TC Energy
TC Energy Price Performance
TRP stock opened at $62.04 on Friday. The firm has a market cap of $64.64 billion, a price-to-earnings ratio of 25.74 and a beta of 0.66. The company has a quick ratio of 0.54, a current ratio of 0.61 and a debt-to-equity ratio of 1.64. TC Energy Corporation has a 12-month low of $49.27 and a 12-month high of $71.47. The company’s fifty day simple moving average is $66.95 and its 200 day simple moving average is $65.24.
TC Energy (NYSE:TRP – Get Free Report) (TSE:TRP) last issued its quarterly earnings results on Thursday, July 30th. The pipeline company reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.61 by $0.07. TC Energy had a return on equity of 11.10% and a net margin of 22.91%.The firm had revenue of $2.80 billion during the quarter, compared to the consensus estimate of $2.76 billion. During the same period last year, the business posted $0.82 EPS. On average, analysts expect that TC Energy Corporation will post 2.78 earnings per share for the current year.
TC Energy Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, September 29th will be given a dividend of $0.8775 per share. The ex-dividend date is Tuesday, September 29th. This represents a $3.51 annualized dividend and a dividend yield of 5.7%. TC Energy’s dividend payout ratio is presently 102.49%.
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.
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