Zacks Research Comments on TC Energy Co.’s Q1 2025 Earnings (NYSE:TRP)

TC Energy Co. (NYSE:TRP) (TSE:TRP) – Research analysts at Zacks Research raised their Q1 2025 earnings per share (EPS) estimates for shares of TC Energy in a note issued to investors on Tuesday, September 10th. Zacks Research analyst T. Saha now anticipates that the pipeline company will earn $0.80 per share for the quarter, up from their previous forecast of $0.78. The consensus estimate for TC Energy’s current full-year earnings is $3.06 per share. Zacks Research also issued estimates for TC Energy’s Q1 2026 earnings at $0.79 EPS, Q2 2026 earnings at $0.77 EPS and FY2026 earnings at $3.21 EPS.

Separately, Barclays upgraded TC Energy from an “equal weight” rating to an “overweight” rating in a report on Wednesday, July 17th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, TC Energy currently has a consensus rating of “Hold” and a consensus price target of $43.50.

TC Energy Stock Performance

NYSE TRP opened at $46.09 on Thursday. The stock has a market cap of $47.82 billion, a PE ratio of 23.76, a P/E/G ratio of 3.81 and a beta of 0.81. The company has a current ratio of 0.76, a quick ratio of 0.68 and a debt-to-equity ratio of 1.57. TC Energy has a twelve month low of $32.51 and a twelve month high of $47.38. The stock has a fifty day simple moving average of $43.07 and a 200-day simple moving average of $40.09.

TC Energy (NYSE:TRP) (TSE:TRP) last released its quarterly earnings results on Thursday, August 1st. The pipeline company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.29. The business had revenue of $2.99 billion during the quarter, compared to analysts’ expectations of $2.78 billion. TC Energy had a return on equity of 16.97% and a net margin of 21.31%. During the same period in the prior year, the business posted $0.71 EPS.

TC Energy Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 31st. Investors of record on Friday, September 27th will be paid a dividend of $0.702 per share. This represents a $2.81 annualized dividend and a yield of 6.09%. The ex-dividend date of this dividend is Friday, September 27th. TC Energy’s payout ratio is 144.85%.

Hedge Funds Weigh In On TC Energy

Several hedge funds have recently bought and sold shares of TRP. Murchinson Ltd. acquired a new position in TC Energy during the 1st quarter worth about $506,485,000. Capital Research Global Investors raised its position in TC Energy by 23.7% in the 4th quarter. Capital Research Global Investors now owns 55,677,989 shares of the pipeline company’s stock valued at $2,174,931,000 after purchasing an additional 10,654,993 shares in the last quarter. Canada Pension Plan Investment Board raised its position in TC Energy by 107.1% in the 2nd quarter. Canada Pension Plan Investment Board now owns 19,462,155 shares of the pipeline company’s stock valued at $737,609,000 after purchasing an additional 10,065,000 shares in the last quarter. Norges Bank acquired a new stake in TC Energy in the 4th quarter valued at about $341,262,000. Finally, Healthcare of Ontario Pension Plan Trust Fund raised its position in TC Energy by 94.9% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 17,124,818 shares of the pipeline company’s stock valued at $688,534,000 after purchasing an additional 8,339,800 shares in the last quarter. Institutional investors and hedge funds own 83.13% of the company’s stock.

About TC Energy

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.