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

Cetera Investment Advisers raised its position in TC Energy Corporation (NYSE:TRP) (TSE:TRP) by 5.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 146,992 shares of the pipeline company’s stock after purchasing an additional 7,609 shares during the quarter. Cetera Investment Advisers’ holdings in TC Energy were worth $9,182,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of TRP. Vanguard Group Inc. grew its holdings in shares of TC Energy by 2.1% during the fourth quarter. Vanguard Group Inc. now owns 47,801,695 shares of the pipeline company’s stock worth $2,632,200,000 after buying an additional 980,221 shares in the last quarter. FIL Ltd lifted its stake in TC Energy by 3.9% in the 4th quarter. FIL Ltd now owns 28,305,789 shares of the pipeline company’s stock valued at $1,558,669,000 after acquiring an additional 1,052,166 shares in the last quarter. TD Asset Management Inc lifted its stake in TC Energy by 6.3% in the 4th quarter. TD Asset Management Inc now owns 20,868,772 shares of the pipeline company’s stock valued at $1,150,656,000 after acquiring an additional 1,244,525 shares in the last quarter. GQG Partners LLC boosted its position in TC Energy by 586.5% during the 4th quarter. GQG Partners LLC now owns 16,154,469 shares of the pipeline company’s stock worth $890,711,000 after acquiring an additional 13,801,371 shares during the last quarter. Finally, Deutsche Bank AG boosted its position in TC Energy by 63.2% during the 4th quarter. Deutsche Bank AG now owns 15,384,255 shares of the pipeline company’s stock worth $846,288,000 after acquiring an additional 5,956,263 shares during the last quarter. 83.13% of the stock is currently owned by institutional investors.

TC Energy Stock Performance

NYSE TRP opened at $67.41 on Friday. The company has a current ratio of 0.65, a quick ratio of 0.57 and a debt-to-equity ratio of 1.67. The firm’s fifty day moving average price is $68.38 and its two-hundred day moving average price is $64.41. TC Energy Corporation has a 1 year low of $46.93 and a 1 year high of $71.47. The firm has a market capitalization of $70.24 billion, a P/E ratio of 27.92 and a beta of 0.66.

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

TC Energy Dividend Announcement

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

TC Energy News Summary

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.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Morgan Stanley downgraded shares of TC Energy from an “overweight” rating to an “equal weight” rating in a report on Wednesday, June 10th. Royal Bank Of Canada increased their target price on shares of TC Energy from $104.00 to $106.00 and gave the stock an “outperform” rating in a report on Friday. The Goldman Sachs Group raised shares of TC Energy from a “sell” rating to a “neutral” rating and raised their target price for the company from $53.00 to $62.00 in a research report on Monday, April 20th. Barclays reiterated an “overweight” rating on shares of TC Energy in a research note on Thursday, July 16th. Finally, Canadian Imperial Bank of Commerce reissued an “outperform” rating on shares of TC Energy in a research report on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $89.00.

TC Energy Company Profile

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.