Miller Howard Investments Inc. NY Buys 33,746 Shares of South Bow Corporation $SOBO

Posted by Geri Gentry on Oct 27th, 2026

Miller Howard Investments Inc. NY lifted its stake in shares of South Bow Corporation (NYSE:SOBO – Free Report) by 6.8% during the third quarter, Holdings Channel.com reports. The fund owned 530,682 shares of the company’s stock after purchasing an additional 33,746 shares during the period. Miller Howard Investments Inc. NY’s holdings in South Bow were worth $17,581,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Steadtrust LLC lifted its position in South Bow by 0.9% in the second quarter. Steadtrust LLC now owns 33,920 shares of the company’s stock worth $1,195,000 after purchasing an additional 300 shares during the period. Parallel Advisors LLC raised its stake in shares of South Bow by 140.5% in the 1st quarter. Parallel Advisors LLC now owns 849 shares of the company’s stock worth $28,000 after buying an additional 496 shares in the last quarter. PensionDanmark Pensionsforsikringsaktieselskab raised its stake in shares of South Bow by 14.3% in the 2nd quarter. PensionDanmark Pensionsforsikringsaktieselskab now owns 5,882 shares of the company’s stock worth $207,000 after buying an additional 738 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of South Bow by 78.2% in the first quarter. EverSource Wealth Advisors LLC now owns 1,893 shares of the company’s stock valued at $63,000 after buying an additional 831 shares during the period. Finally, Engineers Gate Manager LP lifted its holdings in shares of South Bow by 10.5% in the second quarter. Engineers Gate Manager LP now owns 15,391 shares of the company’s stock valued at $542,000 after buying an additional 1,458 shares during the period.

South Bow Trading Up 0.6%

Shares of NYSE:SOBO opened at $35.66 on Tuesday. The stock has a market capitalization of $7.44 billion, a price-to-earnings ratio of 16.14 and a beta of 0.22. South Bow Corporation has a 1-year low of $25.01 and a 1-year high of $39.02. The company has a debt-to-equity ratio of 2.15, a quick ratio of 1.44 and a current ratio of 1.52. The company has a 50 day moving average price of $35.51 and a 200 day moving average price of $34.16.

South Bow (NYSE:SOBO – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.05. The firm had revenue of $546.00 million for the quarter, compared to analyst estimates of $496.87 million. South Bow had a net margin of 22.99% and a return on equity of 15.84%. On average, research analysts anticipate that South Bow Corporation will post 1.87 EPS for the current fiscal year.

South Bow Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Tuesday, September 29th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $2.00 annualized dividend and a dividend yield of 5.6%. South Bow’s dividend payout ratio (DPR) is currently 90.50%.

Analysts Set New Price Targets

SOBO has been the subject of several research reports. Raymond James Financial reaffirmed an “outperform” rating on shares of South Bow in a research note on Wednesday, October 14th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of South Bow in a report on Monday, August 10th. BMO Capital Markets reiterated a “market perform” rating on shares of South Bow in a research report on Monday, July 6th. Barclays downgraded shares of South Bow from an “equal weight” rating to an “underweight” rating and cut their price target for the company from $35.00 to $33.00 in a report on Friday, October 9th. Finally, Wall Street Zen lowered shares of South Bow from a “hold” rating to a “sell” rating in a research report on Saturday, October 17th. Four analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $32.50.

Read Our Latest Analysis on South Bow

About South Bow

(Free Report)

South Bow Corp. (NYSE: SOBO) is a liquids-focused energy infrastructure company headquartered in Calgary, Alberta. The company owns and operates crude oil transportation and storage assets that connect Canadian production regions with refineries, storage hubs and export markets in the United States.

South Bow’s primary asset is the Keystone Pipeline System, which transports crude oil from Western Canada to destinations in the U.S. Midwest and along the U.S. Gulf Coast. The company also operates the Marketlink system, which moves crude from Cushing, Oklahoma, to the Gulf Coast, as well as Canadian pipeline assets serving oil sands and other production areas.

South Bow began operating as an independent publicly traded company in October 2024 following its separation from TC Energy.