South Bow (NYSE:SOBO) Releases Earnings Results, Beats Expectations By $0.05 EPS

Posted by Brian Himes on Aug 6th, 2026

South Bow (NYSE:SOBO – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.05, Zacks reports. South Bow had a net margin of 21.32% and a return on equity of 15.24%. The firm had revenue of $546.00 million for the quarter, compared to analyst estimates of $496.87 million.

South Bow Stock Down 0.9%

Shares of NYSE:SOBO traded down $0.32 on Thursday, hitting $35.15. 333,997 shares of the company’s stock were exchanged, compared to its average volume of 933,027. The firm’s 50-day moving average is $36.66 and its 200 day moving average is $33.93. The company has a market capitalization of $7.33 billion, a PE ratio of 17.29 and a beta of 0.15. South Bow has a 1-year low of $25.01 and a 1-year high of $38.94. The company has a debt-to-equity ratio of 2.16, a quick ratio of 1.37 and a current ratio of 1.51.

South Bow Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Tuesday, September 29th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date of this dividend is Tuesday, September 29th. South Bow’s payout ratio is 98.52%.

Institutional Investors Weigh In On South Bow

Institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its holdings in South Bow by 5.0% during the third quarter. Bank of America Corp DE now owns 2,352,405 shares of the company’s stock worth $66,550,000 after purchasing an additional 111,302 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of South Bow by 51.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,348,827 shares of the company’s stock worth $64,541,000 after purchasing an additional 799,707 shares in the last quarter. Scotia Capital Inc. lifted its holdings in shares of South Bow by 1.9% in the 3rd quarter. Scotia Capital Inc. now owns 1,797,254 shares of the company’s stock valued at $50,385,000 after purchasing an additional 32,927 shares during the last quarter. Invesco Ltd. boosted its position in shares of South Bow by 1.1% in the 4th quarter. Invesco Ltd. now owns 1,523,169 shares of the company’s stock valued at $41,841,000 after purchasing an additional 16,230 shares during the period. Finally, Qube Research & Technologies Ltd grew its stake in South Bow by 485.9% during the 3rd quarter. Qube Research & Technologies Ltd now owns 784,565 shares of the company’s stock worth $22,195,000 after buying an additional 650,648 shares during the last quarter.

Analyst Upgrades and Downgrades

SOBO has been the subject of a number of research reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of South Bow in a research note on Monday, May 11th. BMO Capital Markets reissued a “market perform” rating on shares of South Bow in a research report on Monday, July 6th. Scotiabank lifted their price objective on shares of South Bow from $36.00 to $39.00 and gave the company a “sector perform” rating in a report on Tuesday, July 21st. Raymond James Financial started coverage on shares of South Bow in a research report on Tuesday, June 9th. They issued an “outperform” rating for the company. Finally, TD Securities reaffirmed a “hold” rating on shares of South Bow in a research report on Thursday, July 16th. Four equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, South Bow presently has a consensus rating of “Hold” and an average target price of $32.00.

View Our Latest Stock Report on SOBO

South Bow Company Profile

(Get Free Report)

South Bow Corp is a strategic liquids pipeline company. It is a new liquids-focused midstream infrastructure company. South Bow Corp is based in Canada.