TC Energy Corporation (NYSE:TRP) Given Consensus Rating of “Hold” by Analysts

Shares of TC Energy Corporation (NYSE:TRP) (TSE:TRP) have been given a consensus recommendation of “Hold” by the fourteen analysts that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $72.50.

Several equities analysts recently weighed in on TRP shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of TC Energy in a research note on Monday, December 29th. BMO Capital Markets restated an “outperform” rating on shares of TC Energy in a research report on Tuesday. Royal Bank Of Canada lifted their target price on TC Energy from $84.00 to $92.00 and gave the stock an “outperform” rating in a report on Tuesday. Citigroup reissued a “neutral” rating on shares of TC Energy in a research note on Thursday, November 20th. Finally, TD Securities cut TC Energy from a “buy” rating to a “hold” rating in a report on Tuesday.

Institutional Investors Weigh In On TC Energy

Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted 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 purchasing an additional 980,221 shares during the last quarter. Capital Research Global Investors lifted its position in TC Energy by 2.5% in the third quarter. Capital Research Global Investors now owns 41,977,582 shares of the pipeline company’s stock worth $2,282,469,000 after buying an additional 1,041,864 shares during the last quarter. FIL Ltd boosted its stake in TC Energy by 3.9% during the fourth quarter. FIL Ltd now owns 28,305,789 shares of the pipeline company’s stock worth $1,558,669,000 after buying an additional 1,052,166 shares during the period. Canada Pension Plan Investment Board increased its position in TC Energy by 5.9% during the second quarter. Canada Pension Plan Investment Board now owns 20,986,748 shares of the pipeline company’s stock valued at $1,025,220,000 after acquiring an additional 1,178,190 shares during the last quarter. Finally, TD Asset Management Inc increased its position in 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 last quarter. 83.13% of the stock is owned by institutional investors.

More TC Energy News

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

• Positive Sentiment: Q4 results beat consensus, dividend was raised and management issued 2026 comparable EBITDA and capex guidance (C$11.6–11.8B EBITDA; C$5.5–6.0B capex), which supports fundamentals and the dividend story. TC Energy Q4 Earnings & Revenues Surpass Estimates, Dividend Raised
• Positive Sentiment: Major broker support and higher targets: Morgan Stanley nudged its target to C$93 and other brokers have set targets materially above the U.S. quote (one report cites an $84 PT), providing upside from current levels. Morgan Stanley Lifts TC Energy Target to C$93 Brokerages Set TC Energy PT at $84.00
• Positive Sentiment: Media and analysis pieces are bullish on TRP’s natural gas exposure and technical strength (relative strength rating rising to ~83), which can attract momentum and income‑seeking buyers. TC Energy: A Great Natural Gas Play Stocks to watch: RS rating jump to 83
• Neutral Sentiment: Raymond James moved its rating to “hold” (an upgrade to hold), which is a mixed message — not bearish but reduces immediate buy-side conviction. Raymond James upgrades to hold
• Negative Sentiment: Several Canadian brokers (CIBC, National Bank Financial, TD Securities) downgraded TRP to “hold” from stronger ratings (strong-buy/buy → hold). Clustered downgrades are weighing on sentiment and likely the main reason for the intraday weakness. CIBC downgrades TC Energy National Bank Financial downgrade TD Securities downgrades TRP

TC Energy Stock Down 0.9%

NYSE TRP opened at $61.68 on Thursday. The stock’s 50 day moving average is $56.65 and its 200 day moving average is $53.84. The company has a current ratio of 0.63, a quick ratio of 0.56 and a debt-to-equity ratio of 1.66. TC Energy has a 12 month low of $43.59 and a 12 month high of $63.94. The stock has a market cap of $64.22 billion, a PE ratio of 26.54 and a beta of 0.73.

TC Energy (NYSE:TRP) (TSE:TRP) last announced its quarterly earnings data on Friday, February 13th. The pipeline company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.05. TC Energy had a net margin of 23.04% and a return on equity of 10.52%. The business had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.94 billion. During the same period last year, the firm posted $1.05 EPS. Research analysts predict that TC Energy will post 2.63 EPS for the current fiscal year.

TC Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.8775 per share. This represents a $3.51 annualized dividend and a yield of 5.7%. This is an increase from TC Energy’s previous quarterly dividend of $0.85. The ex-dividend date is Tuesday, March 31st. TC Energy’s dividend payout ratio (DPR) is 106.90%.

TC Energy Company Profile

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.