Suncor Energy Inc. $SU Holdings Raised by CIBC Asset Management Inc

Posted by Geri Gentry on Jun 3rd, 2026

CIBC Asset Management Inc lifted its stake in Suncor Energy Inc. (NYSE:SU – Free Report) (TSE:SU) by 12.8% in the fourth quarter, HoldingsChannel reports. The firm owned 9,851,109 shares of the oil and gas producer’s stock after purchasing an additional 1,120,193 shares during the period. Suncor Energy accounts for 1.1% of CIBC Asset Management Inc’s holdings, making the stock its 25th biggest position. CIBC Asset Management Inc’s holdings in Suncor Energy were worth $439,546,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. IFP Advisors Inc lifted its stake in Suncor Energy by 22.6% during the fourth quarter. IFP Advisors Inc now owns 1,047 shares of the oil and gas producer’s stock valued at $46,000 after buying an additional 193 shares in the last quarter. Bryn Mawr Trust Advisors LLC boosted its holdings in shares of Suncor Energy by 3.5% in the fourth quarter. Bryn Mawr Trust Advisors LLC now owns 5,742 shares of the oil and gas producer’s stock worth $255,000 after buying an additional 196 shares during the period. Chesapeake Capital Corp IL increased its position in shares of Suncor Energy by 0.9% in the fourth quarter. Chesapeake Capital Corp IL now owns 22,741 shares of the oil and gas producer’s stock worth $1,009,000 after acquiring an additional 203 shares in the last quarter. Atlantic Edge Private Wealth Management LLC increased its position in shares of Suncor Energy by 54.9% in the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 635 shares of the oil and gas producer’s stock worth $28,000 after acquiring an additional 225 shares in the last quarter. Finally, Accent Capital Management LLC raised its holdings in shares of Suncor Energy by 37.5% during the fourth quarter. Accent Capital Management LLC now owns 825 shares of the oil and gas producer’s stock valued at $37,000 after acquiring an additional 225 shares during the period. Institutional investors and hedge funds own 67.37% of the company’s stock.

Suncor Energy Stock Up 2.4%

SU opened at $65.31 on Wednesday. The company has a market capitalization of $77.11 billion, a PE ratio of 17.14 and a beta of 0.27. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.42 and a quick ratio of 0.92. Suncor Energy Inc. has a fifty-two week low of $35.93 and a fifty-two week high of $70.29. The business has a 50-day moving average of $65.26 and a 200-day moving average of $55.26.

Suncor Energy (NYSE:SU – Get Free Report) (TSE:SU) last announced its quarterly earnings results on Tuesday, May 5th. The oil and gas producer reported $1.41 EPS for the quarter, missing the consensus estimate of $1.45 by ($0.04). Suncor Energy had a net margin of 12.29% and a return on equity of 13.96%. The firm had revenue of $10.41 billion during the quarter, compared to the consensus estimate of $9.22 billion. During the same period in the previous year, the firm posted $1.31 EPS. Equities research analysts forecast that Suncor Energy Inc. will post 7.07 EPS for the current fiscal year.

Suncor Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Thursday, June 4th. Suncor Energy’s payout ratio is currently 46.19%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Weiss Ratings upgraded shares of Suncor Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, May 6th. Zacks Research raised shares of Suncor Energy from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 2nd. ATB Cormark Capital Markets upgraded Suncor Energy from a “hold” rating to a “moderate buy” rating in a report on Wednesday, April 1st. Wall Street Zen raised Suncor Energy from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, The Goldman Sachs Group lifted their price target on Suncor Energy from $66.00 to $73.00 and gave the company a “buy” rating in a report on Wednesday, April 1st. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $72.00.

View Our Latest Research Report on SU

Suncor Energy Company Profile

(Free Report)

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.