GQG Partners LLC Buys New Stake in TC Energy Corporation $TRP

GQG Partners LLC purchased a new position in TC Energy Corporation (NYSE:TRP) (TSE:TRP) in the 2nd quarter, Holdings Channel.com reports. The firm purchased 16,736,302 shares of the pipeline company’s stock, valued at approximately $1,107,936,000. TC Energy accounts for approximately 2.1% of GQG Partners LLC’s holdings, making the stock its 16th biggest position.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of TC Energy in the 4th quarter valued at approximately $25,000. Sterling Capital Management LLC bought a new position in shares of TC Energy during the 1st quarter worth approximately $26,000. McIlrath & Eck LLC acquired a new stake in TC Energy in the 4th quarter valued at $32,000. Trust Co. of Vermont bought a new stake in TC Energy in the second quarter valued at $33,000. Finally, SWAN Capital LLC bought a new stake in TC Energy in the third quarter valued at $40,000. Institutional investors own 83.13% of the company’s stock.

TC Energy Price Performance

Shares of TRP stock opened at $62.04 on Friday. The stock’s fifty day moving average is $66.95 and its 200-day moving average is $65.24. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.54 and a current ratio of 0.61. The stock has a market capitalization of $64.64 billion, a PE ratio of 25.74 and a beta of 0.66. TC Energy Corporation has a 52 week low of $49.27 and a 52 week high of $71.47.

TC Energy (NYSE:TRP) (TSE:TRP) last released its quarterly 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. The business had revenue of $2.80 billion during the quarter, compared to analysts’ expectations of $2.76 billion. TC Energy had a return on equity of 11.10% and a net margin of 22.91%.During the same period in the previous year, the business posted $0.82 earnings per share. Equities research analysts expect that TC Energy Corporation will post 2.78 EPS for the current fiscal year.

TC Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, September 29th will be given a $0.8775 dividend. This represents a $3.51 annualized dividend and a yield of 5.7%. The ex-dividend date is Tuesday, September 29th. TC Energy’s dividend payout ratio (DPR) is presently 102.49%.

TC Energy News Roundup

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

• Positive Sentiment: US Capital Advisors upgraded TC Energy to “Moderate Buy” from “Hold,” providing a more constructive view of the pipeline operator’s shares. Zacks.com
• Positive Sentiment: Scotiabank raised its earnings forecasts and maintained an “Outperform” rating, increasing its FY2026 EPS estimate to $2.76 from $2.69 and its FY2027 estimate to $2.89 from $2.83. The revisions suggest expectations for stronger earnings growth than previously projected. TC Energy analyst estimates
• Positive Sentiment: US Capital Advisors raised its FY2026 EPS forecast to $2.80 from $2.63, while lifting estimates for the third and fourth quarters of 2026 to $0.64 and $0.77, respectively. These forecasts are above the firm’s earlier estimates and broadly support the current-year earnings outlook. TC Energy 2026 earnings estimates
• Neutral Sentiment: The analyst views are mixed: current-year EPS expectations range around $2.75 to $2.80, while US Capital Advisors forecasts FY2027 EPS of $2.69 and FY2028 EPS of $2.81. Investors may remain cautious until the outlook becomes more consistent across firms.
• Negative Sentiment: US Capital Advisors reduced nearly all of its 2027 and 2028 forecasts: FY2027 EPS fell to $2.69 from $2.76, FY2028 EPS to $2.81 from $2.83, and estimates for the first three quarters of 2027 were also trimmed. The cuts imply softer longer-term earnings momentum and are likely weighing on sentiment. US Capital Advisors TC Energy estimates

Wall Street Analyst Weigh In

Several research analysts have issued reports on TRP shares. Weiss Ratings reiterated a “buy (b)” rating on shares of TC Energy in a research note on Friday, July 31st. Barclays reaffirmed an “overweight” rating on shares of TC Energy in a report on Thursday, July 16th. US Capital Advisors upgraded shares of TC Energy from a “hold” rating to a “moderate buy” rating in a research report on Thursday. National Bank Financial raised shares of TC Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. Finally, BMO Capital Markets restated an “outperform” rating and issued a $99.00 price target on shares of TC Energy in a research report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $89.00.

TC Energy 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.