Clearbridge Investments LLC Increases Stock Position in South Bow Corporation $SOBO

Posted by on Jun 8th, 2026

Clearbridge Investments LLC grew its stake in shares of South Bow Corporation (NYSE:SOBO – Free Report) by 3.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,262,965 shares of the company’s stock after buying an additional 209,864 shares during the period. Clearbridge Investments LLC’s holdings in South Bow were worth $199,514,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Intact Investment Management Inc. grew its stake in shares of South Bow by 19.6% during the 4th quarter. Intact Investment Management Inc. now owns 964,360 shares of the company’s stock valued at $26,522,000 after buying an additional 158,100 shares during the period. JPMorgan Chase & Co. grew its stake in shares of South Bow by 204.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 118,991 shares of the company’s stock valued at $3,366,000 after buying an additional 79,858 shares during the period. TD Waterhouse Canada Inc. grew its stake in shares of South Bow by 7.6% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,336,103 shares of the company’s stock valued at $36,700,000 after buying an additional 93,805 shares during the period. Cibc World Market Inc. grew its stake in shares of South Bow by 1.5% during the 3rd quarter. Cibc World Market Inc. now owns 3,194,578 shares of the company’s stock valued at $90,375,000 after buying an additional 47,562 shares during the period. Finally, Thornburg Investment Management Inc. grew its stake in shares of South Bow by 20.6% during the 3rd quarter. Thornburg Investment Management Inc. now owns 1,997,301 shares of the company’s stock valued at $56,504,000 after buying an additional 341,281 shares during the period.

South Bow Stock Down 0.1%

Shares of South Bow stock opened at $36.84 on Monday. The company has a fifty day moving average price of $34.68 and a 200 day moving average price of $31.12. The company has a current ratio of 1.51, a quick ratio of 1.37 and a debt-to-equity ratio of 2.16. South Bow Corporation has a twelve month low of $25.01 and a twelve month high of $38.39. The stock has a market cap of $7.68 billion, a price-to-earnings ratio of 18.15 and a beta of 0.14.

South Bow (NYSE:SOBO – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.44 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.02). South Bow had a return on equity of 15.24% and a net margin of 21.32%.The firm had revenue of $491.00 million during the quarter, compared to analyst estimates of $491.21 million. During the same quarter in the prior year, the firm earned $0.47 EPS. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. Equities research analysts forecast that South Bow Corporation will post 1.76 earnings per share for the current fiscal year.

South Bow Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.50 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $2.00 dividend on an annualized basis and a yield of 5.4%. South Bow’s payout ratio is currently 98.52%.

Analysts Set New Price Targets

Several analysts have recently issued reports on SOBO shares. Canadian Imperial Bank of Commerce boosted their price objective on shares of South Bow from $33.00 to $36.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Weiss Ratings raised shares of South Bow from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 20th. Jefferies Financial Group reaffirmed a “buy” rating on shares of South Bow in a research report on Thursday, May 28th. National Bank Financial upped their price target on shares of South Bow from $31.00 to $35.00 and gave the stock a “sector perform” rating in a research report on Monday, June 1st. Finally, Wall Street Zen cut shares of South Bow from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, South Bow currently has a consensus rating of “Reduce” and an average price target of $31.57.

Read Our Latest Stock Report on South Bow

South Bow Company Profile

(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.

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Institutional Ownership by Quarter for South Bow (NYSE:SOBO)

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