CWA Asset Management Group LLC lessened its position in shares of Suncor Energy Inc. (NYSE:SU – Free Report) (TSE:SU) by 11.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 103,831 shares of the oil and gas producer’s stock after selling 13,948 shares during the period. CWA Asset Management Group LLC’s holdings in Suncor Energy were worth $4,606,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Sagespring Wealth Partners LLC increased its holdings in Suncor Energy by 3.8% in the fourth quarter. Sagespring Wealth Partners LLC now owns 6,584 shares of the oil and gas producer’s stock worth $292,000 after buying an additional 242 shares during the last quarter. Archford Capital Strategies LLC lifted its stake in Suncor Energy by 1.2% in the third quarter. Archford Capital Strategies LLC now owns 23,617 shares of the oil and gas producer’s stock valued at $987,000 after acquiring an additional 272 shares during the last quarter. Richardson Financial Services Inc. lifted its stake in Suncor Energy by 64.1% in the third quarter. Richardson Financial Services Inc. now owns 704 shares of the oil and gas producer’s stock valued at $29,000 after acquiring an additional 275 shares during the last quarter. D Orazio & Associates Inc. grew its position in Suncor Energy by 3.9% in the third quarter. D Orazio & Associates Inc. now owns 7,299 shares of the oil and gas producer’s stock worth $305,000 after acquiring an additional 275 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in Suncor Energy by 10.5% in the third quarter. EverSource Wealth Advisors LLC now owns 2,947 shares of the oil and gas producer’s stock worth $123,000 after acquiring an additional 280 shares in the last quarter. Institutional investors and hedge funds own 67.37% of the company’s stock.
Suncor Energy Stock Performance
NYSE:SU opened at $63.74 on Friday. The firm has a market capitalization of $75.84 billion, a PE ratio of 18.37 and a beta of 0.43. Suncor Energy Inc. has a 1 year low of $30.79 and a 1 year high of $64.63. 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 firm’s fifty day simple moving average is $54.95 and its 200 day simple moving average is $46.77.
Suncor Energy Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Wednesday, March 4th. Suncor Energy’s payout ratio is currently 50.72%.
Trending Headlines about Suncor Energy
Here are the key news stories impacting Suncor Energy this week:
- Positive Sentiment: Suncor has reached a new 12‑month high after a recent surge driven by cost reductions, buybacks and stronger near‑term momentum versus some peers — a factor helping investor optimism. Suncor Energy (NYSE:SU) Reaches New 1-Year High Chevron vs. Suncor: Which Energy Stock Wins at 52-Week Highs?
- Positive Sentiment: Higher oil prices (Brent above US$100) provide a favorable macro tailwind for Suncor’s upstream margins and refining cash flow, supporting near‑term earnings potential. Brent Crude Above US$100: 3 TSX Stocks That Benefit From Every Dollar It Climbs
- Neutral Sentiment: Jefferies reaffirmed its Hold rating on Suncor — a signal that some sell‑side analysts see limited near‑term upside despite the rally. Jefferies Reaffirms Their Hold Rating on Suncor Energy (SU)
- Neutral Sentiment: Trading activity on Suncor has drawn attention across market screens, reflecting higher volume and investor interest but not necessarily a clear directional signal. Suncor Energy (NYSE:SU) Activity Sparks Attention Across Nyse Composite Markets
- Negative Sentiment: Suncor’s global head of market and trade risk management is set to depart, raising short‑term execution and risk‑management transition concerns for traders focused on commodity and trading exposures. Suncor’s global head of market and trade risk management to depart, sources say
- Negative Sentiment: Legal and environmental litigation in Colorado is progressing (oral arguments and appeals), representing potential financial and reputational risk that could pressure the stock if rulings go against Suncor. Oral arguments begin in lawsuit against Suncor’s Colorado refinery in Commerce City Citizens must pursue Suncor because state is too lax, plaintiffs tell US Appeals Court
- Negative Sentiment: Unusually high put‑option volume (over 28k puts traded in a session, a large multiple of normal) signals that some traders are hedging or speculating on downside; this can amplify intraday volatility and indicates caution among options market participants. Suncor Energy (NYSE:SU) Sees Unusually High Options Volume
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on SU. Wall Street Zen downgraded shares of Suncor Energy from a “buy” rating to a “hold” rating in a report on Sunday, December 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Suncor Energy in a research report on Monday, December 29th. JPMorgan Chase & Co. upgraded Suncor Energy from a “neutral” rating to an “overweight” rating and raised their target price for the company from $46.15 to $54.00 in a report on Tuesday, January 20th. Zacks Research cut Suncor Energy from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 20th. Finally, Royal Bank Of Canada upped their price target on Suncor Energy from $69.00 to $75.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Five analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $63.67.
Get Our Latest Research Report on Suncor Energy
About Suncor Energy
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.
Further Reading
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