Suncor Energy Inc. $SU Shares Sold by Cardinal Point Capital Management ULC

Posted by Geri Gentry on Jun 25th, 2026

Cardinal Point Capital Management ULC cut its holdings in Suncor Energy Inc. (NYSE:SU – Free Report) (TSE:SU) by 4.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 378,476 shares of the oil and gas producer’s stock after selling 16,841 shares during the quarter. Suncor Energy comprises about 1.5% of Cardinal Point Capital Management ULC’s investment portfolio, making the stock its 19th biggest holding. Cardinal Point Capital Management ULC’s holdings in Suncor Energy were worth $24,983,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Swiss Life Asset Management Ltd lifted its position in shares of Suncor Energy by 35.0% during the 3rd quarter. Swiss Life Asset Management Ltd now owns 101,192 shares of the oil and gas producer’s stock valued at $4,240,000 after acquiring an additional 26,252 shares during the last quarter. Picton Mahoney Asset Management boosted its position in shares of Suncor Energy by 314.8% in the 3rd quarter. Picton Mahoney Asset Management now owns 627,313 shares of the oil and gas producer’s stock valued at $26,246,000 after purchasing an additional 476,077 shares during the period. Intact Investment Management Inc. increased its stake in Suncor Energy by 36.3% in the 4th quarter. Intact Investment Management Inc. now owns 1,695,160 shares of the oil and gas producer’s stock worth $75,236,000 after purchasing an additional 451,110 shares in the last quarter. American Century Companies Inc. lifted its stake in Suncor Energy by 2.1% during the third quarter. American Century Companies Inc. now owns 896,556 shares of the oil and gas producer’s stock valued at $37,519,000 after buying an additional 18,231 shares in the last quarter. Finally, Cantor Fitzgerald L. P. acquired a new position in shares of Suncor Energy in the third quarter worth about $1,067,000. Institutional investors own 67.37% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. ATB Cormark Capital Markets raised shares of Suncor Energy from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, April 1st. Wall Street Zen cut Suncor Energy from a “strong-buy” rating to a “buy” rating in a research report on Sunday, June 7th. Royal Bank Of Canada upped their price target on Suncor Energy from $75.00 to $89.00 and gave the company an “outperform” rating in a research report on Wednesday, April 1st. Weiss Ratings lowered Suncor Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, June 3rd. Finally, The Goldman Sachs Group downgraded Suncor Energy from a “buy” rating to a “neutral” rating and set a $72.00 target price on the stock. in a report on Friday, June 5th. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Suncor Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $71.67.

Get Our Latest Stock Analysis on SU

Suncor Energy Stock Performance

Shares of NYSE SU opened at $54.49 on Thursday. The business’s 50-day simple moving average is $63.54 and its 200-day simple moving average is $57.12. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.92 and a current ratio of 1.42. Suncor Energy Inc. has a 52 week low of $37.22 and a 52 week high of $70.29. The firm has a market cap of $64.34 billion, a price-to-earnings ratio of 14.30 and a beta of 0.27.

Suncor Energy (NYSE:SU – Get Free Report) (TSE:SU) last posted its earnings results on Tuesday, May 5th. The oil and gas producer reported $1.41 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $9.22 billion. During the same quarter in the previous year, the business posted $1.31 earnings per share. As a group, equities research analysts expect that Suncor Energy Inc. will post 7.07 earnings per share for the current fiscal year.

Suncor Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 4.4%. The ex-dividend date is Thursday, June 4th. Suncor Energy’s payout ratio is currently 45.67%.

About Suncor Energy

(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.