Gqg Partners Adds $55M in TC Energy Corporation ($TRP)

Key Points

  • Gqg Partners changed its TC Energy Corporation ($TRP) stake by 4.9% last quarter, boosting to 16,946,570 shares worth $1.17 billion.
  • Wall Street's consensus rating on $TRP is Buy and an average price target of $61.84.
  • $TRP last traded around $69.31.

Gqg Partners increased its position in TC Energy Corporation ($TRP) by 4.9% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,946,570 shares of TC Energy Corporation after buying 792,101 shares during the quarter. Gqg Partners's holdings in TC Energy Corporation were worth $1.17 billion as of its most recent filing.

TC Energy Corporation ($TRP) Stock

Last price$69.31
Market cap$72.29B
P/E ratio28.56
Forward P/E25.13
PEG ratio4.45
Beta0.98
52-week low$46.29
52-week high$71.47
50-day MA$65.64
200-day MA$58.48
Current ratio0.65
Quick ratio0.40
Debt-to-equity1.67

TC Energy Corporation Earnings

EPS (ttm)$2.43
Revenue (ttm)$15.48B
Revenue growth6.6%
Net margin22.2%
Return on equity11.3%
Next earningsMay 1, 2026

TC Energy Corporation Dividend

Annual dividend$2.57
Dividend yield370.00%
Payout ratio101.1%
Ex-dividend dateJun 30, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$61.84
High target$67.14
Low target$57.24
Analysts covering3

About TC Energy Corporation

TC Energy Corporation operates as an energy infrastructure company in Canada, the United States, and Mexico. It operates through four segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; and Power and Energy Solutions. The company builds and operates a network of 94,171 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses. It also has regulated natural gas storage facilities with a total working gas capacity of 532 billion cubic feet. In addition, the company owns or has interests in power generation facilities with approximately 4,650 megawatts; and owns and operates approximately 118 billion cubic feet of non-regulated natural gas storage facilities in Alberta, Ontario, Québec, and New Brunswick. The company was formerly known as TransCanada Corporation and changed its name to TC Energy Corporation in May 2019. TC Energy Corporation was founded in 1951 and is headquartered in Calgary, Canada.

ExchangeNYSE
SectorEnergy
IndustryOil & Gas Midstream
HeadquartersCalgary, AB
CEOMr. Francois Lionel Poirier
Employees6,574

See Also

This instant news alert was generated by automated narrative technology and financial data from Opentrades and public regulatory filings. It is for informational purposes only and is not financial advice.