Cetera Investment Advisers Buys 7,609 Shares of TC Energy Corporation $TRP

Cetera Investment Advisers lifted its stake in shares of TC Energy Corporation (NYSE:TRP) (TSE:TRP) by 5.5% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 146,992 shares of the pipeline company’s stock after buying an additional 7,609 shares during the quarter. Cetera Investment Advisers’ holdings in TC Energy were worth $9,182,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of TRP. Sterling Capital Management LLC bought a new position in shares of TC Energy during the first quarter worth approximately $26,000. Annis Gardner Whiting Capital Advisors LLC bought a new stake in TC Energy in the 4th quarter valued at $25,000. Trust Co. of Vermont acquired a new position in TC Energy in the 4th quarter valued at $28,000. McIlrath & Eck LLC acquired a new position in TC Energy in the 4th quarter valued at $32,000. Finally, SWAN Capital LLC bought a new position in TC Energy during the 3rd quarter worth $40,000. Institutional investors own 83.13% of the company’s stock.

More TC Energy News

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

• Positive Sentiment: Quarterly results exceeded expectations: TC Energy reported adjusted EPS of $0.68 versus the $0.61 consensus estimate, while revenue of $2.80 billion also topped expectations of $2.75 billion. Management cited solid execution and strong North American operations. Reuters article
• Positive Sentiment: Expansion pipeline expanded: The company sanctioned approximately C$700 million of additional natural-gas pipeline projects in the second quarter, bringing 2026 announced growth projects to roughly C$3 billion. TC Energy characterized the projects as low-risk and accretive, supporting future cash flow and earnings. TC Energy expansion article
• Positive Sentiment: Outlook and dividend support sentiment: Solid asset performance supported management’s outlook toward the higher end of its 2026 range. TC Energy also declared a quarterly dividend of C$0.8775 per share, representing an approximately 5.2% yield at the reported share price. TC Energy financial results
• Positive Sentiment: Analyst estimates moved higher: US Capital Advisors raised its EPS forecasts for 2026, 2027 and 2028, including FY2026 EPS from $2.52 to $2.63 and FY2028 EPS from $2.65 to $2.83.

TC Energy Stock Performance

NYSE:TRP opened at $67.41 on Friday. The company has a market cap of $70.24 billion, a price-to-earnings ratio of 27.92 and a beta of 0.66. TC Energy Corporation has a fifty-two week low of $46.93 and a fifty-two week high of $71.47. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.57 and a current ratio of 0.65. The stock has a fifty day moving average price of $68.38 and a 200-day moving average price of $64.41.

TC Energy (NYSE:TRP) (TSE:TRP) last issued its quarterly earnings results on Thursday, July 30th. The pipeline company reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.07. The company had revenue of $2.80 billion for the quarter, compared to analysts’ expectations of $2.75 billion. TC Energy had a return on equity of 11.13% and a net margin of 22.91%.During the same quarter last year, the business earned $0.82 earnings per share. As a group, equities analysts anticipate that TC Energy Corporation will post 2.74 EPS for the current fiscal year.

TC Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, September 29th will be issued a $0.8775 dividend. This represents a $3.51 annualized dividend and a yield of 5.2%. The ex-dividend date of this dividend is Tuesday, September 29th. TC Energy’s dividend payout ratio (DPR) is currently 107.39%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. National Bank Financial raised TC Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. Scotiabank restated an “outperform” rating on shares of TC Energy in a research note on Tuesday, July 21st. Weiss Ratings lowered shares of TC Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. Barclays reiterated an “overweight” rating on shares of TC Energy in a research note on Thursday, July 16th. Finally, Morgan Stanley lowered shares of TC Energy from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $89.00.

About TC Energy

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.