TC Energy Co. (NYSE:TRP – Free Report) (TSE:TRP) – Equities research analysts at Zacks Research reduced their Q3 2025 EPS estimates for TC Energy in a research note issued to investors on Friday, January 10th. Zacks Research analyst T. Saha now forecasts that the pipeline company will post earnings of $0.57 per share for the quarter, down from their prior estimate of $0.59. The consensus estimate for TC Energy’s current full-year earnings is $3.00 per share.
A number of other equities research analysts have also issued reports on the stock. UBS Group raised shares of TC Energy from a “neutral” rating to a “buy” rating in a report on Monday, September 30th. StockNews.com initiated coverage on shares of TC Energy in a research note on Wednesday, December 4th. They issued a “hold” rating for the company. BMO Capital Markets lifted their price target on shares of TC Energy from $66.00 to $70.00 and gave the company a “market perform” rating in a research report on Wednesday, November 20th. Morgan Stanley upgraded TC Energy from an “underweight” rating to an “overweight” rating in a research report on Friday, October 25th. Finally, The Goldman Sachs Group lifted their target price on TC Energy from $38.00 to $42.00 and gave the company a “sell” rating in a research report on Monday, October 21st. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $55.67.
TC Energy Stock Up 0.8 %
Shares of NYSE:TRP opened at $46.33 on Monday. TC Energy has a 52-week low of $31.83 and a 52-week high of $50.37. The company has a quick ratio of 1.23, a current ratio of 1.31 and a debt-to-equity ratio of 1.78. The business has a fifty day moving average of $47.71 and a two-hundred day moving average of $45.48. The stock has a market cap of $48.13 billion, a P/E ratio of 12.83, a PEG ratio of 3.88 and a beta of 0.82.
TC Energy (NYSE:TRP – Get Free Report) (TSE:TRP) last issued its earnings results on Thursday, November 7th. The pipeline company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.06. The business had revenue of $2.99 billion for the quarter, compared to analysts’ expectations of $2.83 billion. TC Energy had a return on equity of 12.92% and a net margin of 31.15%.
TC Energy Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be issued a $0.822 dividend. This represents a $3.29 annualized dividend and a dividend yield of 7.10%. The ex-dividend date is Tuesday, December 31st. This is an increase from TC Energy’s previous quarterly dividend of $0.70. TC Energy’s payout ratio is currently 63.16%.
Hedge Funds Weigh In On TC Energy
Several hedge funds have recently bought and sold shares of the company. Fortitude Family Office LLC purchased a new stake in TC Energy during the third quarter worth about $28,000. Blue Trust Inc. grew its holdings in shares of TC Energy by 72.0% in the third quarter. Blue Trust Inc. now owns 638 shares of the pipeline company’s stock valued at $30,000 after purchasing an additional 267 shares in the last quarter. Versant Capital Management Inc purchased a new stake in TC Energy during the 4th quarter worth approximately $33,000. Point72 DIFC Ltd acquired a new stake in TC Energy during the 3rd quarter worth approximately $39,000. Finally, Ashton Thomas Private Wealth LLC purchased a new position in TC Energy in the 2nd quarter valued at approximately $51,000. Institutional investors and hedge funds own 83.13% of the company’s stock.
About TC Energy
TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.
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