Public Employees Retirement System of Ohio Invests $21.43 Million in Teck Resources Ltd $TECK

Posted by on Aug 30th, 2026

Public Employees Retirement System of Ohio purchased a new stake in Teck Resources Ltd (NYSE:TECK – Free Report) (TSE:TECK) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 359,869 shares of the basic materials company’s stock, valued at approximately $21,425,000. Public Employees Retirement System of Ohio owned approximately 0.07% of Teck Resources as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Temasek Holdings Private Ltd increased its stake in shares of Teck Resources by 1.1% in the 4th quarter. Temasek Holdings Private Ltd now owns 5,307,384 shares of the basic materials company’s stock valued at $254,171,000 after purchasing an additional 57,380 shares during the last quarter. New York Life Investment Management LLC bought a new stake in shares of Teck Resources during the 4th quarter worth $11,014,000. Cardinal Point Capital Management ULC bought a new stake in shares of Teck Resources during the 4th quarter worth $379,000. ABN Amro Investment Solutions boosted its stake in Teck Resources by 156.4% in the fourth quarter. ABN Amro Investment Solutions now owns 510,989 shares of the basic materials company’s stock valued at $24,471,000 after buying an additional 311,694 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in Teck Resources by 92.0% in the first quarter. NewEdge Advisors LLC now owns 37,143 shares of the basic materials company’s stock valued at $1,922,000 after buying an additional 17,793 shares in the last quarter. Institutional investors own 78.06% of the company’s stock.

Teck Resources Stock Performance

NYSE:TECK opened at $69.42 on Friday. The stock’s 50-day moving average is $61.97 and its 200-day moving average is $59.66. Teck Resources Ltd has a 1-year low of $31.68 and a 1-year high of $71.93. The company has a current ratio of 3.12, a quick ratio of 2.33 and a debt-to-equity ratio of 0.12. The stock has a market cap of $33.53 billion, a P/E ratio of 18.81, a price-to-earnings-growth ratio of 2.50 and a beta of 0.92.

Teck Resources (NYSE:TECK – Get Free Report) (TSE:TECK) last issued its quarterly earnings data on Thursday, July 23rd. The basic materials company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.40. The business had revenue of $2.54 billion during the quarter, compared to analyst estimates of $2.38 billion. Teck Resources had a net margin of 17.85% and a return on equity of 10.42%. The firm’s quarterly revenue was up 78.2% on a year-over-year basis. During the same quarter last year, the business earned $0.38 EPS. Equities research analysts anticipate that Teck Resources Ltd will post 3.48 earnings per share for the current year.

Teck Resources Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 15th will be issued a dividend of $0.125 per share. The ex-dividend date is Tuesday, September 15th. This represents a $0.50 annualized dividend and a yield of 0.7%. Teck Resources’s dividend payout ratio (DPR) is presently 9.76%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Raymond James Financial raised Teck Resources from a “market perform” rating to an “outperform” rating in a research note on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft raised their price target on shares of Teck Resources from $64.00 to $68.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Veritas cut shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research report on Thursday, June 4th. Weiss Ratings upgraded shares of Teck Resources from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, August 4th. Finally, Wall Street Zen lowered shares of Teck Resources from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 26th. Six investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, Teck Resources currently has an average rating of “Hold” and an average target price of $62.25.

Read Our Latest Research Report on TECK

Teck Resources Profile

(Free Report)

Teck Resources Ltd. is a diversified natural resource company headquartered in Canada that explores for, develops and produces a portfolio of metallic and energy commodities. Its core businesses center on copper, steelmaking (metallurgical) coal and zinc, with related smelting and refining activities. Teck supplies raw materials and intermediate products to global steelmakers, metals markets and industrial customers, and operates integrated mining and processing facilities as well as earlier-stage exploration and development projects.

The company’s operations and projects are located across multiple geographies, with a significant presence in western Canada and North America and additional exploration and development activities in Latin America.

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Institutional Ownership by Quarter for Teck Resources (NYSE:TECK)

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