Stock Traders Purchase High Volume of Suncor Energy Put Options (NYSE:SU)

Suncor Energy Inc. (NYSE:SU) (TSE:SU) was the target of unusually large options trading activity on Wednesday. Investors purchased 28,315 put options on the stock. This is an increase of approximately 2,998% compared to the average daily volume of 914 put options.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on SU. Wall Street Zen cut Suncor Energy from a “buy” rating to a “hold” rating in a research note on Sunday, December 28th. Royal Bank Of Canada boosted their price objective on Suncor Energy from $75.00 to $89.00 and gave the company an “outperform” rating in a report on Wednesday. The Goldman Sachs Group upped their price objective on Suncor Energy from $66.00 to $73.00 and gave the company a “buy” rating in a research report on Wednesday. JPMorgan Chase & Co. upgraded Suncor Energy from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $46.15 to $54.00 in a research note on Tuesday, January 20th. Finally, Zacks Research downgraded Suncor Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 20th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Suncor Energy has a consensus rating of “Moderate Buy” and a consensus price target of $72.00.

Suncor Energy Price Performance

Shares of SU stock opened at $65.89 on Friday. The company has a market capitalization of $78.41 billion, a P/E ratio of 18.99 and a beta of 0.32. The company’s 50-day simple moving average is $57.83 and its two-hundred day simple moving average is $48.28. Suncor Energy has a one year low of $30.79 and a one year high of $67.76. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 0.89.

Suncor Energy (NYSE:SU) (TSE:SU) last posted its quarterly earnings results on Tuesday, February 3rd. The oil and gas producer reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.02. The firm had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $8.79 billion. Suncor Energy had a net margin of 11.99% and a return on equity of 12.51%. During the same quarter in the previous year, the firm posted $1.25 earnings per share. As a group, equities analysts anticipate that Suncor Energy will post 3.42 EPS for the current year.

Suncor Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $2.40 dividend on an annualized basis and a yield of 3.6%. Suncor Energy’s payout ratio is 50.72%.

Hedge Funds Weigh In On Suncor Energy

A number of hedge funds and other institutional investors have recently made changes to their positions in SU. Atlantic Edge Private Wealth Management LLC raised its holdings in shares of Suncor Energy by 54.9% in the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 635 shares of the oil and gas producer’s stock valued at $28,000 after acquiring an additional 225 shares in the last quarter. Richardson Financial Services Inc. grew its holdings in Suncor Energy by 64.1% during the 3rd quarter. Richardson Financial Services Inc. now owns 704 shares of the oil and gas producer’s stock worth $29,000 after acquiring an additional 275 shares in the last quarter. Headlands Technologies LLC bought a new position in Suncor Energy during the 2nd quarter worth about $31,000. 1 North Wealth Services LLC purchased a new position in Suncor Energy during the 4th quarter valued at about $32,000. Finally, Hanson & Doremus Investment Management increased its position in Suncor Energy by 143.5% during the 3rd quarter. Hanson & Doremus Investment Management now owns 789 shares of the oil and gas producer’s stock valued at $33,000 after purchasing an additional 465 shares during the period. Institutional investors own 67.37% of the company’s stock.

More Suncor Energy News

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

• Positive Sentiment: Royal Bank of Canada raised its price target sharply to $89 and kept an “outperform” rating, implying substantial upside versus the recent share price; this is a clear catalyst for momentum buying. Article Title
• Positive Sentiment: ATB Cormark upgraded Suncor from “hold” to “moderate buy,” adding another analyst endorsement that supports continued buying interest. Article Title Article Title
• Positive Sentiment: Goldman Sachs raised its price target (to $73) and maintained a buy stance — another institutional signal likely supporting further upside. Article Title
• Positive Sentiment: Zacks upgraded Suncor to a Rank #2 (Buy) and several pieces flagged Suncor as a top-ranked momentum stock, reinforcing momentum-driven flows. Article Title
• Positive Sentiment: Suncor increased its 2026 buyback program and signaled a lower breakeven target — shareholder-friendly capital returns that tend to support the stock. Article Title
• Neutral Sentiment: Valuation/rotation coverage: multiple finance pieces are asking whether Suncor’s strong multi‑year rally leaves room for more gains (detailed performance metrics and valuation discussion). These articles increase investor attention but present mixed conclusions. Article Title Article Title
• Negative Sentiment: Unusually large put-option volume (about 28,315 puts vs typical ~914) was traded — a ~3,000% spike — which can reflect hedging or speculative bearish bets and may increase volatility or signal short-term downside risk. Article Title

Suncor Energy Company Profile

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.