Sageworth Trust Co Makes New $668,000 Investment in TC Energy Corporation $TRP

Posted by Brenda Bartman on Jul 9th, 2026

Sageworth Trust Co bought a new position in TC Energy Corporation (NYSE:TRP – Free Report) (TSE:TRP) during the first quarter, HoldingsChannel.com reports. The fund bought 10,664 shares of the pipeline company’s stock, valued at approximately $668,000.

Several other large investors have also recently modified their holdings of TRP. Vanguard Group Inc. lifted its stake in shares of TC Energy by 2.1% in the fourth quarter. Vanguard Group Inc. now owns 47,801,695 shares of the pipeline company’s stock worth $2,632,200,000 after buying an additional 980,221 shares in the last quarter. FIL Ltd increased its position in shares of TC Energy by 3.9% during the fourth quarter. FIL Ltd now owns 28,305,789 shares of the pipeline company’s stock valued at $1,558,669,000 after acquiring an additional 1,052,166 shares in the last quarter. TD Asset Management Inc increased its position in shares of TC Energy by 6.3% during the fourth quarter. TD Asset Management Inc now owns 20,868,772 shares of the pipeline company’s stock valued at $1,150,656,000 after acquiring an additional 1,244,525 shares in the last quarter. GQG Partners LLC raised its holdings in TC Energy by 586.5% in the 4th quarter. GQG Partners LLC now owns 16,154,469 shares of the pipeline company’s stock worth $890,711,000 after acquiring an additional 13,801,371 shares during the last quarter. Finally, Deutsche Bank AG raised its holdings in TC Energy by 63.2% in the 4th quarter. Deutsche Bank AG now owns 15,384,255 shares of the pipeline company’s stock worth $846,288,000 after acquiring an additional 5,956,263 shares during the last quarter. Hedge funds and other institutional investors own 83.13% of the company’s stock.

TC Energy Stock Up 0.2%

Shares of TC Energy stock opened at $68.97 on Thursday. TC Energy Corporation has a twelve month low of $46.29 and a twelve month high of $71.47. The company has a quick ratio of 0.57, a current ratio of 0.65 and a debt-to-equity ratio of 1.67. The company’s 50 day moving average is $67.87 and its 200 day moving average is $62.85. The company has a market cap of $71.86 billion, a price-to-earnings ratio of 29.93 and a beta of 0.66.

TC Energy (NYSE:TRP – Get Free Report) (TSE:TRP) last posted its earnings results on Friday, May 1st. The pipeline company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.70 by $0.02. TC Energy had a net margin of 22.22% and a return on equity of 10.74%. The business had revenue of $2.04 billion during the quarter, compared to the consensus estimate of $2.20 billion. During the same quarter in the previous year, the firm posted $0.95 EPS. Research analysts anticipate that TC Energy Corporation will post 2.73 EPS for the current year.

TC Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be paid a $0.8775 dividend. This represents a $3.51 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date is Tuesday, June 30th. TC Energy’s dividend payout ratio (DPR) is 107.39%.

Analysts Set New Price Targets

Several brokerages have commented on TRP. Weiss Ratings downgraded TC Energy from a “buy (b+)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Barclays restated an “overweight” rating on shares of TC Energy in a research note on Monday, May 4th. Royal Bank Of Canada upped their price target on TC Energy from $92.00 to $95.00 and gave the company an “outperform” rating in a report on Monday, May 4th. Morgan Stanley cut TC Energy from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, June 10th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of TC Energy in a report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.50.

Get Our Latest Research Report on TC Energy

TC Energy Profile

(Free Report)

TC Energy (NYSE: TRP) is a North American energy infrastructure company headquartered in Calgary, Alberta. Formerly known as TransCanada, the company rebranded as TC Energy to reflect its broad presence across Canada, the United States and Mexico. TC Energy develops, owns and operates a diversified portfolio of energy infrastructure assets that play a central role in the transportation and delivery of energy across the continent.

The company’s principal businesses include long‑distance natural gas transmission, liquids (crude oil) pipelines, natural gas storage and power generation.