Bessemer Group Inc. Acquires 28,202 Shares of TC Energy Corporation $TRP

Bessemer Group Inc. grew its holdings in TC Energy Corporation (NYSE:TRP) (TSE:TRP) by 3.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 846,752 shares of the pipeline company’s stock after buying an additional 28,202 shares during the period. Bessemer Group Inc. owned approximately 0.08% of TC Energy worth $45,986,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in TRP. AQR Capital Management LLC grew its position in TC Energy by 54.0% in the first quarter. AQR Capital Management LLC now owns 11,099 shares of the pipeline company’s stock worth $538,000 after acquiring an additional 3,892 shares in the last quarter. Focus Partners Wealth lifted its stake in shares of TC Energy by 46.1% in the 1st quarter. Focus Partners Wealth now owns 12,446 shares of the pipeline company’s stock valued at $588,000 after purchasing an additional 3,929 shares during the last quarter. Intech Investment Management LLC lifted its stake in shares of TC Energy by 200.7% in the 1st quarter. Intech Investment Management LLC now owns 26,878 shares of the pipeline company’s stock valued at $1,269,000 after purchasing an additional 17,939 shares during the last quarter. DAVENPORT & Co LLC boosted its holdings in shares of TC Energy by 3.3% in the 2nd quarter. DAVENPORT & Co LLC now owns 76,915 shares of the pipeline company’s stock worth $3,748,000 after purchasing an additional 2,437 shares during the period. Finally, Tectonic Advisors LLC increased its position in shares of TC Energy by 54.5% during the 2nd quarter. Tectonic Advisors LLC now owns 19,192 shares of the pipeline company’s stock valued at $936,000 after purchasing an additional 6,771 shares during the last quarter. 83.13% of the stock is currently owned by hedge funds and other institutional investors.

TC Energy Price Performance

TC Energy stock opened at $59.87 on Friday. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.63 and a quick ratio of 0.56. The stock has a market cap of $62.32 billion, a price-to-earnings ratio of 25.81 and a beta of 0.73. The firm has a 50-day moving average of $55.34 and a two-hundred day moving average of $52.93. TC Energy Corporation has a 1 year low of $43.59 and a 1 year high of $60.18.

TC Energy (NYSE:TRP) (TSE:TRP) last posted its quarterly earnings results on Thursday, November 6th. The pipeline company reported $0.56 earnings per share for the quarter, meeting the consensus estimate of $0.56. The firm had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $2.63 billion. TC Energy had a net margin of 23.86% and a return on equity of 10.61%. During the same quarter in the previous year, the firm posted $1.03 earnings per share. On average, research analysts forecast that TC Energy Corporation will post 2.63 earnings per share for the current year.

More TC Energy News

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

• Positive Sentiment: US Capital Advisors raised several 2026–2027 EPS forecasts (small bumps to Q1, Q3 and Q4 2026 and a lift to FY2027), which supports a slightly improved earnings trajectory and likely helped buying interest. US Capital Advisors Estimates TC Energy FY2026 Earnings
• Neutral Sentiment: The revisions are modest and mixed — US Capital Advisors also trimmed FY2025 and Q4 2025 estimates while leaving the consensus full-year at about $2.63, so the fundamental change is incremental rather than transformational for TRP’s valuation.
• Negative Sentiment: Unusually large put-option buying — roughly 16,157 puts traded (about a 1,446% increase vs. normal daily put volume) — signals notable short-term bearish bets that can increase downward pressure or volatility in the stock. Investors Buy Large Volume of Put Options on TC Energy (NYSE:TRP)

Analyst Upgrades and Downgrades

TRP has been the subject of a number of analyst reports. Royal Bank Of Canada raised their price target on TC Energy from $74.00 to $84.00 and gave the stock an “outperform” rating in a research report on Friday, November 7th. Scotiabank restated an “outperform” rating on shares of TC Energy in a report on Monday, October 20th. Wall Street Zen downgraded shares of TC Energy from a “hold” rating to a “sell” rating in a report on Sunday, January 4th. Morgan Stanley reissued an “overweight” rating on shares of TC Energy in a research note on Wednesday, January 28th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of TC Energy in a research report on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $84.00.

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.