Teck Resources Ltd $TECK Shares Sold by Capula Management Ltd

Capula Management Ltd cut its position in shares of Teck Resources Ltd (NYSE:TECK) (TSE:TECK) by 85.5% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 20,196 shares of the basic materials company’s stock after selling 119,543 shares during the quarter. Capula Management Ltd’s holdings in Teck Resources were worth $1,045,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of TECK. Norges Bank acquired a new stake in Teck Resources in the 4th quarter valued at $404,880,000. Wellington Management Group LLP raised its holdings in Teck Resources by 264.5% in the 3rd quarter. Wellington Management Group LLP now owns 5,781,060 shares of the basic materials company’s stock valued at $253,695,000 after acquiring an additional 4,194,868 shares during the last quarter. Pentwater Capital Management LP lifted its position in Teck Resources by 124.1% during the fourth quarter. Pentwater Capital Management LP now owns 6,500,000 shares of the basic materials company’s stock worth $311,285,000 after buying an additional 3,600,000 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of Teck Resources during the 4th quarter worth $169,999,000. Finally, Principal Financial Group Inc. boosted its holdings in Teck Resources by 17.1% in the 1st quarter. Principal Financial Group Inc. now owns 22,044,284 shares of the basic materials company’s stock valued at $1,139,051,000 after purchasing an additional 3,211,985 shares during the last quarter. 78.06% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Teck Resources

Here are the key news stories impacting Teck Resources this week:

• Positive Sentiment: Teck’s Q2 results came in above estimates, with earnings and revenue both beating analyst forecasts as copper production and prices improved. Teck Resources Ltd (TECK) Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company reported adjusted earnings per share well above expectations, with one report saying shares moved higher after the strong earnings beat and better-than-expected copper performance. Teck Resources quarterly earnings top estimates on stronger copper performance
• Positive Sentiment: Teck said second-quarter profit tripled on higher copper prices, and it reaffirmed output guidance, which supports confidence in near-term operating momentum. Teck Second-Quarter Earnings Triple as Copper Prices Advance
• Positive Sentiment: The company announced a quarterly dividend of $0.125 per share, reinforcing balance-sheet strength and shareholder returns. Teck Announces Dividend
• Neutral Sentiment: Management’s earnings call and release detailed the quarter’s results, but the main market driver remains the stronger copper pricing backdrop and operating execution. Teck Resources Limited (TECK.B:CA) Q2 2026 Earnings Call Transcript
• Negative Sentiment: One recent industry note highlighted a sharp drop in copper prices, which could pressure Teck if the weaker copper trend continues. Copper’s Biggest Intraday Drop in 2026: 5 Stocks Most at Risk Today

Teck Resources Stock Up 4.5%

Shares of NYSE:TECK opened at $59.80 on Friday. The company has a quick ratio of 2.16, a current ratio of 2.83 and a debt-to-equity ratio of 0.13. The firm’s 50-day simple moving average is $61.48 and its 200-day simple moving average is $57.47. Teck Resources Ltd has a fifty-two week low of $30.98 and a fifty-two week high of $71.25. The company has a market cap of $28.88 billion, a price-to-earnings ratio of 21.90, a PEG ratio of 1.69 and a beta of 0.92.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Wall Street Zen upgraded Teck Resources from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 18th. Scotiabank reaffirmed a “sector perform” rating on shares of Teck Resources in a research report on Monday, June 15th. Raymond James Financial upgraded shares of Teck Resources from a “market perform” rating to an “outperform” rating in a research note on Thursday. Weiss Ratings raised Teck Resources from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Finally, Zacks Research downgraded shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 22nd. Six equities research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $63.00.

About Teck Resources

Teck Resources Ltd. is a diversified natural resource company headquartered in Canada that explores for, develops and produces a portfolio of metallic and energy commodities. Its core businesses center on copper, steelmaking (metallurgical) coal and zinc, with related smelting and refining activities. Teck supplies raw materials and intermediate products to global steelmakers, metals markets and industrial customers, and operates integrated mining and processing facilities as well as earlier-stage exploration and development projects.

The company’s operations and projects are located across multiple geographies, with a significant presence in western Canada and North America and additional exploration and development activities in Latin America.