Louisbourg Investments Inc. raised its stake in Suncor Energy Inc. (NYSE:SU – Free Report) (TSE:SU) by 51.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,579 shares of the oil and gas producer’s stock after acquiring an additional 32,648 shares during the period. Louisbourg Investments Inc.’s holdings in Suncor Energy were worth $4,293,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the stock. CWA Asset Management Group LLC lifted its position in Suncor Energy by 64.9% during the third quarter. CWA Asset Management Group LLC now owns 117,779 shares of the oil and gas producer’s stock worth $4,924,000 after purchasing an additional 46,342 shares during the period. Principal Financial Group Inc. increased its holdings in Suncor Energy by 0.6% in the 3rd quarter. Principal Financial Group Inc. now owns 18,854,921 shares of the oil and gas producer’s stock valued at $789,213,000 after buying an additional 106,765 shares during the period. Swiss Life Asset Management Ltd increased its holdings in Suncor Energy by 35.0% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 101,192 shares of the oil and gas producer’s stock valued at $4,240,000 after buying an additional 26,252 shares during the period. Picton Mahoney Asset Management raised its position in shares of Suncor Energy by 314.8% in the 3rd quarter. Picton Mahoney Asset Management now owns 627,313 shares of the oil and gas producer’s stock valued at $26,246,000 after buying an additional 476,077 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its position in shares of Suncor Energy by 45.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 723,965 shares of the oil and gas producer’s stock valued at $29,871,000 after buying an additional 227,197 shares in the last quarter. 67.37% of the stock is owned by institutional investors and hedge funds.
Suncor Energy Trading Up 1.5%
SU opened at $65.89 on Friday. The company has a market cap of $78.41 billion, a P/E ratio of 18.99 and a beta of 0.32. The company has a current ratio of 1.39, a quick ratio of 0.89 and a debt-to-equity ratio of 0.20. The company’s 50 day moving average is $57.83 and its 200-day moving average is $48.28. Suncor Energy Inc. has a 1-year low of $30.79 and a 1-year high of $67.76.
Suncor Energy Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Wednesday, March 4th. Suncor Energy’s payout ratio is presently 50.72%.
Wall Street Analyst Weigh In
Several research firms recently issued reports on SU. Zacks Research lowered shares of Suncor Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 20th. Royal Bank Of Canada boosted their price objective on shares of Suncor Energy from $75.00 to $89.00 and gave the company an “outperform” rating in a research report on Wednesday. The Goldman Sachs Group upped their target price on Suncor Energy from $66.00 to $73.00 and gave the stock a “buy” rating in a research note on Wednesday. ATB Cormark Capital Markets raised Suncor Energy from a “hold” rating to a “moderate buy” rating in a report on Wednesday. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Suncor Energy in a research note on Monday, December 29th. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $72.00.
View Our Latest Stock Analysis on SU
Suncor Energy News Roundup
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 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.
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