Traders Purchase Large Volume of Suncor Energy Put Options (NYSE:SU)

Suncor Energy Inc. (NYSE:SU) (TSE:SU) was the target of some unusual options trading activity on Wednesday. Traders acquired 28,315 put options on the stock. This represents an increase of approximately 2,998% compared to the average volume of 914 put options.

Suncor Energy Trading Down 0.2%

SU opened at $53.06 on Friday. Suncor Energy has a 12-month low of $30.79 and a 12-month high of $55.30. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.35 and a quick ratio of 0.85. The stock has a market capitalization of $63.32 billion, a PE ratio of 15.29 and a beta of 0.46. The firm’s fifty day moving average price is $46.71 and its 200 day moving average price is $42.92.

Suncor Energy (NYSE:SU) (TSE:SU) last issued its earnings results on Tuesday, February 3rd. The oil and gas producer reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.02. The business had revenue of $8.77 billion for the quarter, compared to analyst estimates of $8.79 billion. Suncor Energy had a net margin of 11.99% and a return on equity of 12.53%. During the same quarter in the prior year, the business posted $1.25 EPS. As a group, research analysts expect that Suncor Energy will post 3.42 EPS for the current fiscal year.

Suncor Energy Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages have commented on SU. Wall Street Zen cut Suncor Energy from a “buy” rating to a “hold” rating in a research note on Sunday, December 28th. Weiss Ratings reissued a “buy (b)” rating on shares of Suncor Energy in a research report on Monday, December 29th. Zacks Research cut Suncor Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 20th. Royal Bank Of Canada lifted their price objective on shares of Suncor Energy from $69.00 to $75.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Wells Fargo & Company assumed coverage on shares of Suncor Energy in a research note on Friday, October 17th. They issued an “equal weight” rating for the company. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Suncor Energy has a consensus rating of “Moderate Buy” and an average price target of $61.00.

Suncor Energy News Summary

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

Institutional Investors Weigh In On Suncor Energy

Several institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. grew its holdings in shares of Suncor Energy by 2.1% during the fourth quarter. Vanguard Group Inc. now owns 55,720,921 shares of the oil and gas producer’s stock valued at $2,473,173,000 after purchasing an additional 1,166,405 shares during the last quarter. Artisan Partners Limited Partnership grew its stake in Suncor Energy by 0.4% during the 3rd quarter. Artisan Partners Limited Partnership now owns 33,868,775 shares of the oil and gas producer’s stock worth $1,417,029,000 after buying an additional 145,800 shares during the last quarter. Dodge & Cox grew its stake in Suncor Energy by 0.3% during the 3rd quarter. Dodge & Cox now owns 27,471,954 shares of the oil and gas producer’s stock worth $1,148,602,000 after buying an additional 70,300 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Suncor Energy by 3.2% in the second quarter. The Manufacturers Life Insurance Company now owns 20,911,602 shares of the oil and gas producer’s stock worth $779,788,000 after buying an additional 641,354 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in shares of Suncor Energy by 2.7% during the fourth quarter. Principal Financial Group Inc. now owns 19,371,704 shares of the oil and gas producer’s stock valued at $860,933,000 after acquiring an additional 516,783 shares during the period. Institutional investors and hedge funds own 67.37% of the company’s stock.

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.