Janus Henderson Group PLC Sells 119,798 Shares of TC Energy Corporation $TRP

Janus Henderson Group PLC lowered its stake in shares of TC Energy Corporation (NYSE:TRP) (TSE:TRP) by 7.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,516,877 shares of the pipeline company’s stock after selling 119,798 shares during the period. Janus Henderson Group PLC’s holdings in TC Energy were worth $94,572,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in TRP. Massachusetts Financial Services Co. MA grew its holdings in TC Energy by 80.5% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 526,181 shares of the pipeline company’s stock valued at $28,945,000 after buying an additional 234,594 shares in the last quarter. Generali Asset Management SPA SGR lifted its holdings in shares of TC Energy by 261.0% in the fourth quarter. Generali Asset Management SPA SGR now owns 74,906 shares of the pipeline company’s stock worth $4,121,000 after buying an additional 54,154 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of TC Energy by 2.1% in the fourth quarter. Vanguard Group Inc. now owns 47,801,695 shares of the pipeline company’s stock valued at $2,632,200,000 after acquiring an additional 980,221 shares during the period. BROOKFIELD Corp ON boosted its position in shares of TC Energy by 8.9% in the first quarter. BROOKFIELD Corp ON now owns 1,735,576 shares of the pipeline company’s stock valued at $108,647,000 after acquiring an additional 141,556 shares during the period. Finally, Miller Howard Investments Inc. NY grew its stake in TC Energy by 14.0% during the first quarter. Miller Howard Investments Inc. NY now owns 1,294,518 shares of the pipeline company’s stock valued at $81,037,000 after acquiring an additional 158,686 shares in the last quarter. 83.13% of the stock is owned by institutional investors.

Trending Headlines about TC Energy

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

• Positive Sentiment: Quarterly results exceeded expectations: TC Energy reported adjusted EPS of $0.68 versus the $0.61 consensus estimate, while revenue of $2.80 billion also topped expectations of $2.75 billion. Management cited solid execution and strong North American operations. Reuters article
• Positive Sentiment: Expansion pipeline expanded: The company sanctioned approximately C$700 million of additional natural-gas pipeline projects in the second quarter, bringing 2026 announced growth projects to roughly C$3 billion. TC Energy characterized the projects as low-risk and accretive, supporting future cash flow and earnings. TC Energy expansion article
• Positive Sentiment: Outlook and dividend support sentiment: Solid asset performance supported management’s outlook toward the higher end of its 2026 range. TC Energy also declared a quarterly dividend of C$0.8775 per share, representing an approximately 5.2% yield at the reported share price. TC Energy financial results
• Positive Sentiment: Analyst estimates moved higher: US Capital Advisors raised its EPS forecasts for 2026, 2027 and 2028, including FY2026 EPS from $2.52 to $2.63 and FY2028 EPS from $2.65 to $2.83.

TC Energy Price Performance

Shares of NYSE:TRP opened at $67.41 on Friday. The company’s fifty day moving average price is $68.38 and its 200-day moving average price is $64.41. The firm has a market capitalization of $70.24 billion, a price-to-earnings ratio of 27.92 and a beta of 0.66. TC Energy Corporation has a one year low of $46.93 and a one year high of $71.47. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.65 and a quick ratio of 0.57.

TC Energy (NYSE:TRP) (TSE:TRP) last posted its quarterly earnings data on Thursday, July 30th. The pipeline company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.07. TC Energy had a net margin of 22.91% and a return on equity of 11.13%. The firm had revenue of $2.80 billion for the quarter, compared to analysts’ expectations of $2.75 billion. During the same quarter last year, the company posted $0.82 EPS. On average, equities research analysts anticipate that TC Energy Corporation will post 2.74 earnings per share for the current fiscal year.

TC Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Tuesday, September 29th will be given a dividend of $0.8775 per share. The ex-dividend date is Tuesday, September 29th. This represents a $3.51 dividend on an annualized basis and a yield of 5.2%. TC Energy’s dividend payout ratio (DPR) is presently 107.39%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TRP. The Goldman Sachs Group raised shares of TC Energy from a “sell” rating to a “neutral” rating and upped their target price for the stock from $53.00 to $62.00 in a report on Monday, April 20th. TD Securities reissued a “hold” rating on shares of TC Energy in a report on Thursday, July 16th. Scotiabank restated an “outperform” rating on shares of TC Energy in a research report on Tuesday, July 21st. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of TC Energy in a report on Tuesday, May 26th. Finally, Weiss Ratings downgraded TC Energy from a “buy (b+)” rating to a “buy (b)” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, TC Energy has an average rating of “Moderate Buy” and an average target price of $89.00.

TC Energy Company 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.