CWA Asset Management Group LLC decreased its stake in Suncor Energy Inc. (NYSE:SU – Free Report) (TSE:SU) by 11.8% during the 4th quarter, HoldingsChannel reports. The fund owned 103,831 shares of the oil and gas producer’s stock after selling 13,948 shares during the period. CWA Asset Management Group LLC’s holdings in Suncor Energy were worth $4,606,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also bought and sold shares of the company. Fisher Asset Management LLC grew its position in Suncor Energy by 85.5% in the 3rd quarter. Fisher Asset Management LLC now owns 15,530,965 shares of the oil and gas producer’s stock worth $649,350,000 after purchasing an additional 7,158,953 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its position in shares of Suncor Energy by 62.2% during the third quarter. Arrowstreet Capital Limited Partnership now owns 13,335,239 shares of the oil and gas producer’s stock valued at $557,682,000 after buying an additional 5,113,280 shares during the last quarter. Canada Pension Plan Investment Board raised its position in shares of Suncor Energy by 29.5% during the second quarter. Canada Pension Plan Investment Board now owns 10,555,381 shares of the oil and gas producer’s stock valued at $395,649,000 after buying an additional 2,406,000 shares during the last quarter. OMERS ADMINISTRATION Corp bought a new stake in shares of Suncor Energy in the second quarter valued at about $74,767,000. Finally, Alyeska Investment Group L.P. lifted its stake in shares of Suncor Energy by 334.8% in the third quarter. Alyeska Investment Group L.P. now owns 2,590,863 shares of the oil and gas producer’s stock valued at $108,324,000 after buying an additional 1,995,007 shares during the period. Institutional investors own 67.37% of the company’s stock.
Suncor Energy Stock Performance
NYSE:SU opened at $63.74 on Friday. The firm has a market capitalization of $75.84 billion, a PE ratio of 18.37 and a beta of 0.43. The company has a quick ratio of 0.89, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. Suncor Energy Inc. has a 12-month low of $30.79 and a 12-month high of $64.63. The firm has a 50-day moving average price of $54.95 and a 200 day moving average price of $46.77.
Suncor Energy Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th will be paid a $0.60 dividend. The ex-dividend date of this dividend is Wednesday, March 4th. This represents a $2.40 annualized dividend and a yield of 3.8%. Suncor Energy’s payout ratio is currently 50.72%.
Key Stories Impacting Suncor Energy
Here are the key news stories impacting Suncor Energy this week:
- Positive Sentiment: Suncor has reached a new 12‑month high after a recent surge driven by cost reductions, buybacks and stronger near‑term momentum versus some peers — a factor helping investor optimism. Suncor Energy (NYSE:SU) Reaches New 1-Year High Chevron vs. Suncor: Which Energy Stock Wins at 52-Week Highs?
- Positive Sentiment: Higher oil prices (Brent above US$100) provide a favorable macro tailwind for Suncor’s upstream margins and refining cash flow, supporting near‑term earnings potential. Brent Crude Above US$100: 3 TSX Stocks That Benefit From Every Dollar It Climbs
- Neutral Sentiment: Jefferies reaffirmed its Hold rating on Suncor — a signal that some sell‑side analysts see limited near‑term upside despite the rally. Jefferies Reaffirms Their Hold Rating on Suncor Energy (SU)
- Neutral Sentiment: Trading activity on Suncor has drawn attention across market screens, reflecting higher volume and investor interest but not necessarily a clear directional signal. Suncor Energy (NYSE:SU) Activity Sparks Attention Across Nyse Composite Markets
- Negative Sentiment: Suncor’s global head of market and trade risk management is set to depart, raising short‑term execution and risk‑management transition concerns for traders focused on commodity and trading exposures. Suncor’s global head of market and trade risk management to depart, sources say
- Negative Sentiment: Legal and environmental litigation in Colorado is progressing (oral arguments and appeals), representing potential financial and reputational risk that could pressure the stock if rulings go against Suncor. Oral arguments begin in lawsuit against Suncor’s Colorado refinery in Commerce City Citizens must pursue Suncor because state is too lax, plaintiffs tell US Appeals Court
- Negative Sentiment: Unusually high put‑option volume (over 28k puts traded in a session, a large multiple of normal) signals that some traders are hedging or speculating on downside; this can amplify intraday volatility and indicates caution among options market participants. Suncor Energy (NYSE:SU) Sees Unusually High Options Volume
Analyst Ratings Changes
Several brokerages recently issued reports on SU. Wall Street Zen lowered Suncor Energy from a “buy” rating to a “hold” rating in a research note on Sunday, December 28th. Zacks Research downgraded Suncor Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 20th. Weiss Ratings reissued a “buy (b)” rating on shares of Suncor Energy in a report on Monday, December 29th. JPMorgan Chase & Co. upgraded Suncor Energy from a “neutral” rating to an “overweight” rating and boosted their price objective for the company from $46.15 to $54.00 in a research report on Tuesday, January 20th. Finally, The Goldman Sachs Group raised their target price on Suncor Energy from $55.00 to $62.00 and gave the stock a “buy” rating in a research report on Thursday, March 12th. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $63.67.
Get Our Latest Stock Analysis on Suncor Energy
About Suncor Energy
Suncor Energy Inc is a Canadian integrated energy company headquartered in Calgary, Alberta. The company’s operations span the full oil and gas value chain, with principal activities in oil sands development and production, conventional exploration and production, refining, distribution and retail marketing of petroleum products. Suncor supplies crude, synthetic crude and refined fuels as well as related products and services to commercial and consumer markets.
Upstream, Suncor is a major developer and operator of oil sands projects in Alberta, using both mining and in situ technologies to produce bitumen and synthetic crude.
Further Reading
Want to see what other hedge funds are holding SU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Suncor Energy Inc. (NYSE:SU – Free Report) (TSE:SU).
Receive News & Ratings for Suncor Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suncor Energy and related companies with MarketBeat.com's FREE daily email newsletter.
