TD Asset Management Inc Sells 5,547,203 Shares of TC Energy Corporation $TRP

Posted by Stanley Muller on Aug 15th, 2026

TD Asset Management Inc cut its position in shares of TC Energy Corporation (NYSE:TRP – Free Report) (TSE:TRP) by 25.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,134,910 shares of the pipeline company’s stock after selling 5,547,203 shares during the quarter. TC Energy accounts for 0.9% of TD Asset Management Inc’s portfolio, making the stock its 26th biggest holding. TD Asset Management Inc’s holdings in TC Energy were worth $1,068,117,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Groupe la Francaise raised its holdings in TC Energy by 2.1% in the 1st quarter. Groupe la Francaise now owns 7,352 shares of the pipeline company’s stock valued at $459,000 after acquiring an additional 154 shares in the last quarter. Wealthstar Advisors LLC grew its holdings in shares of TC Energy by 1.5% during the 1st quarter. Wealthstar Advisors LLC now owns 11,465 shares of the pipeline company’s stock worth $718,000 after purchasing an additional 165 shares in the last quarter. Gold Investment Management Ltd. grew its holdings in shares of TC Energy by 2.0% during the 4th quarter. Gold Investment Management Ltd. now owns 9,964 shares of the pipeline company’s stock worth $549,000 after purchasing an additional 200 shares in the last quarter. Nations Financial Group Inc. IA ADV increased its position in shares of TC Energy by 5.7% during the first quarter. Nations Financial Group Inc. IA ADV now owns 3,911 shares of the pipeline company’s stock valued at $245,000 after purchasing an additional 210 shares during the period. Finally, Arax Advisory Partners increased its position in shares of TC Energy by 7.9% during the fourth quarter. Arax Advisory Partners now owns 3,029 shares of the pipeline company’s stock valued at $167,000 after purchasing an additional 221 shares during the period. 83.13% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on TRP. Barclays restated an “overweight” rating on shares of TC Energy in a research note on Thursday, July 16th. The Goldman Sachs Group raised shares of TC Energy from a “sell” rating to a “neutral” rating and boosted their price target for the company from $53.00 to $62.00 in a report on Monday, April 20th. BMO Capital Markets restated an “outperform” rating and issued a $99.00 price objective on shares of TC Energy in a research note on Friday, July 31st. Scotiabank reaffirmed an “outperform” rating on shares of TC Energy in a report on Tuesday, July 21st. Finally, National Bank Financial upgraded shares of TC Energy from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, TC Energy has a consensus rating of “Moderate Buy” and an average price target of $89.00.

Check Out Our Latest Research Report on TRP

TC Energy Price Performance

TC Energy stock opened at $64.00 on Friday. The business has a 50 day simple moving average of $67.53 and a 200 day simple moving average of $65.06. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.61 and a quick ratio of 0.54. The company has a market capitalization of $66.68 billion, a PE ratio of 26.56 and a beta of 0.66. TC Energy Corporation has a one year low of $49.27 and a one year high of $71.47.

TC Energy (NYSE:TRP – Get Free Report) (TSE:TRP) last announced its quarterly earnings results on Thursday, July 30th. The pipeline company reported $0.68 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.07. TC Energy had a return on equity of 11.10% and a net margin of 22.91%.The firm had revenue of $2.80 billion for the quarter, compared to analysts’ expectations of $2.76 billion. During the same period in the prior year, the business posted $0.82 earnings per share. On average, sell-side analysts forecast that TC Energy Corporation will post 2.75 EPS for the current fiscal year.

TC Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Tuesday, September 29th will be paid a $0.8775 dividend. This represents a $3.51 annualized dividend and a dividend yield of 5.5%. The ex-dividend date is Tuesday, September 29th. TC Energy’s payout ratio is currently 103.73%.

TC Energy Company 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.