Korea Investment CORP Takes $30.15 Million Position in TC Energy Corporation $TRP

Korea Investment CORP acquired a new stake in shares of TC Energy Corporation (NYSE:TRP) (TSE:TRP) during the second quarter, HoldingsChannel reports. The fund acquired 455,479 shares of the pipeline company’s stock, valued at approximately $30,152,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Ontario Teachers Pension Plan Board bought a new stake in shares of TC Energy during the 2nd quarter valued at about $273,917,000. Generali Asset Management SPA SGR increased its position in shares of TC Energy by 261.0% during the 4th quarter. Generali Asset Management SPA SGR now owns 74,906 shares of the pipeline company’s stock valued at $4,121,000 after purchasing an additional 54,154 shares during the last quarter. BROOKFIELD Corp ON lifted its stake in shares of TC Energy by 8.9% in the 1st quarter. BROOKFIELD Corp ON now owns 1,735,576 shares of the pipeline company’s stock worth $108,647,000 after purchasing an additional 141,556 shares during the period. Vanguard Group Inc. lifted its stake in shares of TC Energy by 2.1% in the 4th quarter. Vanguard Group Inc. now owns 47,801,695 shares of the pipeline company’s stock worth $2,632,200,000 after purchasing an additional 980,221 shares during the period. Finally, Miller Howard Investments Inc. NY boosted its holdings in shares of TC Energy by 14.0% in the first quarter. Miller Howard Investments Inc. NY now owns 1,294,518 shares of the pipeline company’s stock worth $81,037,000 after buying an additional 158,686 shares during the last quarter. Hedge funds and other institutional investors own 83.13% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on TRP shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of TC Energy in a research report on Tuesday, May 26th. Scotiabank reissued an “outperform” rating on shares of TC Energy in a research report on Tuesday, July 21st. US Capital Advisors raised TC Energy from a “hold” rating to a “moderate buy” rating in a report on Thursday. Royal Bank Of Canada raised their target price on TC Energy from $104.00 to $106.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Finally, TD Securities reiterated a “hold” rating on shares of TC Energy in a research report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $89.00.

TC Energy Trading Down 1.6%

TRP stock opened at $62.04 on Friday. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.61 and a quick ratio of 0.54. The business has a 50 day simple moving average of $66.95 and a two-hundred day simple moving average of $65.24. TC Energy Corporation has a 1-year low of $49.27 and a 1-year high of $71.47. The company has a market capitalization of $64.64 billion, a price-to-earnings ratio of 25.74 and a beta of 0.66.

TC Energy (NYSE:TRP) (TSE:TRP) last announced 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 company had revenue of $2.80 billion for the quarter, compared to the consensus estimate of $2.76 billion. TC Energy had a net margin of 22.91% and a return on equity of 11.10%. During the same period in the previous year, the firm posted $0.82 EPS. Research analysts anticipate that TC Energy Corporation will post 2.78 EPS for the current fiscal year.

TC Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Tuesday, September 29th will be issued a $0.8775 dividend. The ex-dividend date of this dividend is Tuesday, September 29th. This represents a $3.51 dividend on an annualized basis and a dividend yield of 5.7%. TC Energy’s dividend payout ratio (DPR) is 102.49%.

More TC Energy News

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

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.