Suncor Energy Inc. $SU Shares Sold by Guinness Asset Management LTD

Guinness Asset Management LTD trimmed its holdings in shares of Suncor Energy Inc. (NYSE:SU) (TSE:SU) by 7.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 226,012 shares of the oil and gas producer’s stock after selling 19,313 shares during the period. Guinness Asset Management LTD’s holdings in Suncor Energy were worth $9,502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in SU. Artisan Partners Limited Partnership lifted its stake in Suncor Energy by 38.5% during the second quarter. Artisan Partners Limited Partnership now owns 33,722,975 shares of the oil and gas producer’s stock worth $1,264,043,000 after purchasing an additional 9,378,552 shares during the last quarter. Fisher Asset Management LLC raised its holdings in Suncor Energy by 49.6% during the second quarter. Fisher Asset Management LLC now owns 8,372,012 shares of the oil and gas producer’s stock worth $313,532,000 after purchasing an additional 2,777,150 shares in the last quarter. Canada Pension Plan Investment Board raised its holdings in Suncor Energy by 29.5% during the second quarter. Canada Pension Plan Investment Board now owns 10,555,381 shares of the oil and gas producer’s stock worth $395,649,000 after purchasing an additional 2,406,000 shares in the last quarter. OMERS ADMINISTRATION Corp purchased a new stake in shares of Suncor Energy during the 2nd quarter worth approximately $74,767,000. Finally, Vanguard Group Inc. boosted its holdings in shares of Suncor Energy by 3.1% in the 2nd quarter. Vanguard Group Inc. now owns 54,631,516 shares of the oil and gas producer’s stock valued at $2,046,442,000 after buying an additional 1,632,247 shares in the last quarter. Hedge funds and other institutional investors own 67.37% of the company’s stock.

Suncor Energy Trading Down 0.2%

NYSE:SU opened at $53.06 on Friday. Suncor Energy Inc. has a 12-month low of $30.79 and a 12-month high of $55.30. The company has a current ratio of 1.35, a quick ratio of 0.85 and a debt-to-equity ratio of 0.19. The stock’s 50 day simple moving average is $46.71 and its 200-day simple moving average is $42.92. The firm has a market cap of $63.32 billion, a P/E ratio of 15.29 and a beta of 0.46.

Suncor Energy (NYSE:SU) (TSE:SU) last announced its quarterly earnings data on Tuesday, February 3rd. The oil and gas producer reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.02. The company had revenue of $8.77 billion for the quarter, compared to analysts’ expectations of $8.79 billion. Suncor Energy had a net margin of 11.99% and a return on equity of 12.53%. During the same period in the previous year, the company posted $1.25 EPS. Equities analysts anticipate that Suncor Energy Inc. will post 3.42 EPS for the current year.

Suncor Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Wednesday, March 4th. Suncor Energy’s dividend payout ratio is currently 49.57%.

Suncor Energy News Roundup

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

• Positive Sentiment: Analyst upgrade and bigger price target — RBC raised its price target to $75 and kept an “outperform” rating, implying ~40% upside from current levels; this is a clear bullish endorsement from a major bank. Benzinga
• Positive Sentiment: Q4 results beat estimates and production strength — Suncor topped EPS and revenue estimates for Q4, citing record upstream output and strong refining performance that offset weaker commodity prices. That supports near‑term earnings resilience. MarketWatch
• Positive Sentiment: Dividend maintained and yield supportive — Suncor declared a quarterly payout of $0.60 (annualized yield ~4.5%), reinforcing income investor appeal and providing a cash-return floor for the stock.
• Neutral Sentiment: Strategic update on bitumen supply planned — Suncor said it will outline long‑term bitumen supply plans this spring, a strategic development that could affect medium‑term production and capital allocation but has no immediate financial impact. Reuters
• Negative Sentiment: Surge in put-option activity — Traders bought ~28,315 put contracts (a ~3,000% jump vs. normal daily put volume), and media flagged high put purchases, which can signal increased hedging or speculative bearish bets that may pressure near‑term share performance. American Banking News

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on SU shares. JPMorgan Chase & Co. upgraded Suncor Energy from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $46.15 to $54.00 in a research report on Tuesday, January 20th. The Goldman Sachs Group lifted their price target on Suncor Energy from $48.00 to $54.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Royal Bank Of Canada increased their price objective on Suncor Energy from $69.00 to $75.00 and gave the company an “outperform” rating in a report on Thursday. Wells Fargo & Company began coverage on shares of Suncor Energy in a research report on Friday, October 17th. They set an “equal weight” rating on the stock. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Suncor Energy in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $61.00.

About Suncor Energy

Suncor Energy Inc is a Canadian integrated energy company headquartered in Calgary, Alberta. The company’s operations span the full oil and gas value chain, with principal activities in oil sands development and production, conventional exploration and production, refining, distribution and retail marketing of petroleum products. Suncor supplies crude, synthetic crude and refined fuels as well as related products and services to commercial and consumer markets.

Upstream, Suncor is a major developer and operator of oil sands projects in Alberta, using both mining and in situ technologies to produce bitumen and synthetic crude.