TC Energy (NYSE:TRP) Upgraded by US Capital Advisors to “Moderate Buy” Rating

TC Energy (NYSE:TRP) (TSE:TRP) was upgraded by US Capital Advisors from a “hold” rating to a “moderate buy” rating in a research report issued on Thursday,Zacks.com reports. US Capital Advisors also issued estimates for TC Energy’s Q3 2026 earnings at $0.64 EPS, Q4 2026 earnings at $0.77 EPS and FY2026 earnings at $2.80 EPS.

Other analysts have also issued research reports about the stock. Royal Bank Of Canada raised their price objective on shares of TC Energy from $104.00 to $106.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. National Bank Financial raised TC Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, May 4th. Weiss Ratings restated a “buy (b)” rating on shares of TC Energy in a research report on Friday, July 31st. BMO Capital Markets reaffirmed an “outperform” rating and set a $99.00 price target on shares of TC Energy in a report on Friday, July 31st. Finally, Scotiabank reaffirmed an “outperform” rating on shares of TC Energy in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $89.00.

TC Energy Trading Up 1.1%

Shares of TC Energy stock opened at $63.07 on Thursday. The stock has a market capitalization of $65.72 billion, a P/E ratio of 26.17 and a beta of 0.66. The company has a quick ratio of 0.54, a current ratio of 0.61 and a debt-to-equity ratio of 1.64. The company has a 50-day simple moving average of $67.09 and a 200 day simple moving average of $65.26. TC Energy has a 12-month low of $49.27 and a 12-month high of $71.47.

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 the consensus estimate of $0.61 by $0.07. The firm had revenue of $2.80 billion during 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 last year, the firm posted $0.82 EPS. Research analysts expect that TC Energy will post 2.75 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. increased 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 valued at $2,632,200,000 after buying an additional 980,221 shares during the period. FIL Ltd lifted its stake in shares of TC Energy by 3.9% during the fourth quarter. FIL Ltd now owns 28,305,789 shares of the pipeline company’s stock valued at $1,558,669,000 after acquiring an additional 1,052,166 shares during the period. TD Asset Management Inc lifted its stake in shares of TC Energy by 6.3% during the fourth quarter. TD Asset Management Inc now owns 20,868,772 shares of the pipeline company’s stock valued at $1,150,656,000 after acquiring an additional 1,244,525 shares during the period. Canada Pension Plan Investment Board bought a new position in TC Energy in the second quarter valued at about $1,148,244,000. Finally, GQG Partners LLC bought a new position in TC Energy in the second quarter valued at about $1,107,936,000. Institutional investors and hedge funds own 83.13% of the company’s stock.

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.