Bessemer Group Inc. Acquires 28,202 Shares of TC Energy Corporation $TRP

Bessemer Group Inc. lifted its holdings in TC Energy Corporation (NYSE:TRPFree Report) (TSE:TRP) by 3.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 846,752 shares of the pipeline company’s stock after acquiring an additional 28,202 shares during the quarter. Bessemer Group Inc.’s holdings in TC Energy were worth $45,986,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Campbell & CO Investment Adviser LLC acquired a new position in TC Energy during the 3rd quarter valued at about $1,391,000. Norges Bank acquired a new stake in TC Energy in the second quarter worth about $493,434,000. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT grew its stake in shares of TC Energy by 9.2% during the third quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 1,365,500 shares of the pipeline company’s stock worth $74,297,000 after acquiring an additional 115,000 shares during the last quarter. Ausbil Investment Management Ltd increased its holdings in shares of TC Energy by 33.2% during the third quarter. Ausbil Investment Management Ltd now owns 100,519 shares of the pipeline company’s stock valued at $5,415,000 after acquiring an additional 25,026 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of TC Energy by 3.4% during the second quarter. Vanguard Group Inc. now owns 45,907,306 shares of the pipeline company’s stock valued at $2,241,195,000 after acquiring an additional 1,509,328 shares in the last quarter. 83.13% of the stock is owned by hedge funds and other institutional investors.

Key TC Energy News

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

  • Positive Sentiment: US Capital Advisors raised several 2026–2027 EPS forecasts (small bumps to Q1, Q3 and Q4 2026 and a lift to FY2027), which supports a slightly improved earnings trajectory and likely helped buying interest. US Capital Advisors Estimates TC Energy FY2026 Earnings
  • Neutral Sentiment: The revisions are modest and mixed — US Capital Advisors also trimmed FY2025 and Q4 2025 estimates while leaving the consensus full-year at about $2.63, so the fundamental change is incremental rather than transformational for TRP’s valuation.
  • Negative Sentiment: Unusually large put-option buying — roughly 16,157 puts traded (about a 1,446% increase vs. normal daily put volume) — signals notable short-term bearish bets that can increase downward pressure or volatility in the stock. Investors Buy Large Volume of Put Options on TC Energy (NYSE:TRP)

TC Energy Trading Up 1.0%

NYSE TRP opened at $59.87 on Friday. TC Energy Corporation has a 1 year low of $43.59 and a 1 year high of $60.18. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.63 and a quick ratio of 0.56. The company has a market capitalization of $62.32 billion, a PE ratio of 25.81 and a beta of 0.73. The company has a fifty day moving average of $55.34 and a 200 day moving average of $52.93.

TC Energy (NYSE:TRPGet Free Report) (TSE:TRP) last announced its quarterly earnings results on Thursday, November 6th. The pipeline company reported $0.56 earnings per share for the quarter, hitting the consensus estimate of $0.56. The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $2.63 billion. TC Energy had a return on equity of 10.61% and a net margin of 23.86%.During the same period last year, the firm earned $1.03 EPS. Research analysts forecast that TC Energy Corporation will post 2.63 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Wall Street Zen cut shares of TC Energy from a “hold” rating to a “sell” rating in a research note on Sunday, January 4th. Weiss Ratings reiterated a “buy (b-)” rating on shares of TC Energy in a research note on Monday, December 29th. Cibc Captl Mkts raised shares of TC Energy from a “hold” rating to a “strong-buy” rating in a report on Thursday, November 6th. Morgan Stanley restated an “overweight” rating on shares of TC Energy in a research note on Wednesday, January 28th. Finally, TD Securities reaffirmed a “buy” rating on shares of TC Energy in a research report on Friday, October 17th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, TC Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $84.00.

Get Our Latest Report on TC Energy

TC Energy Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding TRP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TC Energy Corporation (NYSE:TRPFree Report) (TSE:TRP).

Institutional Ownership by Quarter for TC Energy (NYSE:TRP)

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