TD Waterhouse Canada Inc. Boosts Holdings in Suncor Energy Inc. $SU

Posted by Brenda Bartman on Sep 4th, 2026

TD Waterhouse Canada Inc. raised its position in Suncor Energy Inc. (NYSE:SU – Free Report) (TSE:SU) by 2.1% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 11,657,514 shares of the oil and gas producer’s stock after acquiring an additional 239,208 shares during the quarter. Suncor Energy makes up about 1.7% of TD Waterhouse Canada Inc.’s holdings, making the stock its 14th largest holding. TD Waterhouse Canada Inc.’s holdings in Suncor Energy were worth $625,497,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Versant Capital Management Inc boosted its holdings in shares of Suncor Energy by 418.9% in the second quarter. Versant Capital Management Inc now owns 493 shares of the oil and gas producer’s stock valued at $26,000 after acquiring an additional 398 shares in the last quarter. Continuum Advisory LLC purchased a new position in Suncor Energy during the second quarter worth about $27,000. 1 North Wealth Services LLC purchased a new position in Suncor Energy during the fourth quarter worth about $32,000. Cassaday & Co Wealth Management LLC acquired a new stake in Suncor Energy in the first quarter valued at about $53,000. Finally, Headlands Technologies LLC acquired a new stake in Suncor Energy in the second quarter valued at about $31,000. Institutional investors and hedge funds own 67.37% of the company’s stock.

Suncor Energy Trading Down 0.1%

NYSE:SU opened at $68.32 on Friday. The business’s 50 day moving average is $62.95 and its two-hundred day moving average is $62.47. Suncor Energy Inc. has a 52 week low of $37.76 and a 52 week high of $70.29. The company has a market cap of $80.67 billion, a PE ratio of 12.58, a P/E/G ratio of 0.49 and a beta of 0.30. The company has a quick ratio of 1.08, a current ratio of 1.65 and a debt-to-equity ratio of 0.19.

Suncor Energy (NYSE:SU – Get Free Report) (TSE:SU) last issued its quarterly earnings data on Tuesday, August 4th. The oil and gas producer reported $2.33 EPS for the quarter, topping analysts’ consensus estimates of $2.14 by $0.19. Suncor Energy had a return on equity of 20.05% and a net margin of 15.62%.The firm had revenue of $13.41 billion during the quarter, compared to the consensus estimate of $11.68 billion. During the same period in the prior year, the business earned $0.71 EPS. On average, analysts predict that Suncor Energy Inc. will post 7.39 EPS for the current year.

Suncor Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 4th will be given a dividend of $0.60 per share. The ex-dividend date is Friday, September 4th. This represents a $2.40 annualized dividend and a dividend yield of 3.5%. Suncor Energy’s dividend payout ratio (DPR) is 32.04%.

Wall Street Analyst Weigh In

SU has been the topic of several recent analyst reports. Wall Street Zen cut Suncor Energy from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Zacks Research downgraded shares of Suncor Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Weiss Ratings upgraded Suncor Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 29th. The Goldman Sachs Group lowered shares of Suncor Energy from a “buy” rating to a “neutral” rating and set a $72.00 target price on the stock. in a research report on Friday, June 5th. Finally, Desjardins upgraded shares of Suncor Energy to a “moderate buy” rating in a report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $80.25.

Get Our Latest Analysis on Suncor Energy

Suncor Energy Company Profile

(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.