Strategic Investment Advisors MI Makes New $931,000 Investment in TC Energy Corporation $TRP

Strategic Investment Advisors MI acquired a new stake in TC Energy Corporation (NYSE:TRP) (TSE:TRP) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 14,873 shares of the pipeline company’s stock, valued at approximately $931,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in TRP. Wealthstar Advisors LLC raised its position in TC Energy by 1.5% in the 1st quarter. Wealthstar Advisors LLC now owns 11,465 shares of the pipeline company’s stock valued at $718,000 after buying an additional 165 shares during the last quarter. Gold Investment Management Ltd. grew its stake in shares of TC Energy by 2.0% during the 4th quarter. Gold Investment Management Ltd. now owns 9,964 shares of the pipeline company’s stock worth $549,000 after acquiring an additional 200 shares during the period. Kennebec Savings Bank increased its stake in shares of TC Energy by 2.1% in the fourth quarter. Kennebec Savings Bank now owns 9,854 shares of the pipeline company’s stock worth $542,000 after purchasing an additional 203 shares in the last quarter. Nations Financial Group Inc. IA ADV grew its stake in TC Energy by 5.7% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 3,911 shares of the pipeline company’s stock valued at $245,000 after buying an additional 210 shares in the last quarter. Finally, JCIC Asset Management Inc. grew its stake in TC Energy by 6.2% in the 4th quarter. JCIC Asset Management Inc. now owns 3,746 shares of the pipeline company’s stock valued at $206,000 after buying an additional 220 shares in the last quarter. 83.13% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on TRP. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of TC Energy in a research report on Tuesday, May 26th. Royal Bank Of Canada lifted their price target on TC Energy from $92.00 to $95.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Barclays reiterated an “overweight” rating on shares of TC Energy in a research note on Thursday, July 16th. TD Securities restated a “hold” rating on shares of TC Energy in a research note on Thursday, July 16th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of TC Energy in a research note on Monday, May 4th. One 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. According to data from MarketBeat.com, TC Energy has an average rating of “Moderate Buy” and an average price target of $78.50.

TC Energy Stock Performance

TC Energy stock opened at $68.00 on Friday. The firm’s fifty day moving average price is $68.45 and its 200-day moving average price is $64.39. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.57 and a current ratio of 0.65. The stock has a market cap of $70.86 billion, a P/E ratio of 29.52 and a beta of 0.66. TC Energy Corporation has a fifty-two week low of $46.93 and a fifty-two week high of $71.47.

TC Energy (NYSE:TRP) (TSE:TRP) last announced its earnings results on Thursday, July 30th. The pipeline company reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.07. The company had revenue of $2.80 billion during the quarter, compared to analyst estimates of $2.75 billion. TC Energy had a net margin of 22.22% and a return on equity of 10.74%. During the same period in the previous year, the business earned $0.82 earnings per share. On average, equities research analysts expect that TC Energy Corporation will post 2.74 earnings per share 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. Stockholders of record on Tuesday, September 29th will be issued a $0.8775 dividend. This represents a $3.51 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date is Tuesday, September 29th. TC Energy’s dividend payout ratio is presently 107.39%.

Key Headlines Impacting TC Energy

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

• Positive Sentiment: Second-quarter earnings exceeded expectations. TC Energy reported $0.94 in EPS, well above the $0.59 analyst consensus and up from $0.82 a year earlier. On an adjusted basis, Zacks reported EPS of $0.68 versus a $0.61 consensus and $0.59 last year. Net profit rose to approximately $987 million from $833 million, helped by strong North American operations. Reuters article Zacks article
• Positive Sentiment: Management raised confidence in its 2026 outlook. Solid execution and asset performance support the higher end of TC Energy’s full-year financial guidance, reducing concerns about near-term operating performance. TC Energy second-quarter results
• Positive Sentiment: Growth investment continued. TC Energy sanctioned $700 million of projects during the quarter, bringing 2026 announced growth projects to roughly $3 billion. The projects are characterized as low-risk and accretive, potentially supporting future cash flow and earnings. Financial Post article
• Positive Sentiment: Analyst earnings forecasts moved higher. US Capital Advisors raised its estimates for 2026, 2027 and 2028 EPS, including forecasts of $2.63, $2.76 and $2.83, respectively. RBC Capital also maintained its Buy rating. RBC Capital rating
• Positive Sentiment: The quarterly dividend was maintained at $0.8775 per share. The payment equates to approximately $3.51 annually and a yield of about 5.2%, reinforcing TRP’s appeal to income-oriented investors.
• Neutral Sentiment: TC Energy’s subsidiary reported 2.4 times earnings coverage on debt, suggesting a meaningful cushion for debt service, although the company remains relatively leveraged.

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.