Hudson Portfolio Management LLC Takes Position in TC Energy Corporation $TRP

Hudson Portfolio Management LLC bought a new stake in shares of TC Energy Corporation (NYSE:TRP) (TSE:TRP) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 10,916 shares of the pipeline company’s stock, valued at approximately $724,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. GQG Partners LLC acquired a new stake in TC Energy in the 2nd quarter valued at $1,107,936,000. Norges Bank purchased a new position in TC Energy in the fourth quarter valued at about $583,732,000. Deutsche Bank AG lifted its stake in shares of TC Energy by 63.2% during the fourth quarter. Deutsche Bank AG now owns 15,384,255 shares of the pipeline company’s stock worth $846,288,000 after purchasing an additional 5,956,263 shares in the last quarter. Ontario Teachers Pension Plan Board acquired a new position in shares of TC Energy during the second quarter worth about $273,917,000. Finally, Kayne Anderson Capital Advisors LP purchased a new stake in shares of TC Energy in the second quarter worth about $260,024,000. 83.13% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TRP. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of TC Energy in a research note on Tuesday, May 26th. Weiss Ratings reissued a “buy (b)” rating on shares of TC Energy in a research report on Friday, July 31st. Scotiabank restated an “outperform” rating on shares of TC Energy in a report on Tuesday, July 21st. Morgan Stanley downgraded shares of TC Energy from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, June 10th. Finally, National Bank Financial upgraded shares of TC Energy from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, TC Energy currently has an average rating of “Moderate Buy” and a consensus price target of $89.00.

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

TC Energy Price Performance

TRP opened at $62.04 on Friday. The company has a market capitalization of $64.64 billion, a P/E ratio of 25.74 and a beta of 0.66. The company has a 50-day moving average of $66.95 and a 200-day moving average of $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. TC Energy Corporation has a 1-year low of $49.27 and a 1-year high of $71.47.

TC Energy (NYSE:TRP) (TSE:TRP) last issued its quarterly earnings results on Thursday, July 30th. The pipeline company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.61 by $0.07. The business had revenue of $2.80 billion for the quarter, compared to analysts’ expectations of $2.76 billion. TC Energy had a net margin of 22.91% and a return on equity of 11.10%. During the same quarter last year, the company posted $0.82 earnings per share. Equities analysts expect that TC Energy Corporation will post 2.78 EPS for the current fiscal year.

TC Energy Announces Dividend

The company 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 dividend of $0.8775 per share. The ex-dividend date is Tuesday, September 29th. This represents a $3.51 annualized dividend and a yield of 5.7%. TC Energy’s dividend payout ratio is presently 102.49%.

About TC Energy

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.