Sei Investments Co. Has $7.78 Million Stake in Teekay Tankers Ltd. $TNK

Posted by Stanley Muller on Aug 3rd, 2026

Sei Investments Co. raised its position in shares of Teekay Tankers Ltd. (NYSE:TNK – Free Report) by 155.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 106,160 shares of the shipping company’s stock after acquiring an additional 64,645 shares during the quarter. Sei Investments Co.’s holdings in Teekay Tankers were worth $7,784,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Fearnley Asset Management AS bought a new stake in Teekay Tankers in the fourth quarter worth approximately $17,890,000. Ameriprise Financial Inc. boosted its holdings in shares of Teekay Tankers by 24.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 692,796 shares of the shipping company’s stock worth $28,903,000 after buying an additional 136,990 shares in the last quarter. Man Group plc acquired a new stake in shares of Teekay Tankers during the 4th quarter worth approximately $5,264,000. Millennium Management LLC increased its stake in shares of Teekay Tankers by 203.6% in the 4th quarter. Millennium Management LLC now owns 146,378 shares of the shipping company’s stock valued at $7,820,000 after acquiring an additional 98,156 shares in the last quarter. Finally, Squarepoint Ops LLC acquired a new position in shares of Teekay Tankers during the 4th quarter valued at $5,174,000. 52.67% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Teekay Tankers

In related news, Director David Schellenberg sold 7,031 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $71.53, for a total value of $502,927.43. Following the transaction, the director owned 7,445 shares of the company’s stock, valued at approximately $532,540.85. This trade represents a 48.57% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.90% of the stock is owned by corporate insiders.

Teekay Tankers Stock Down 0.2%

Shares of TNK opened at $79.22 on Monday. The business’s fifty day moving average is $72.68 and its 200 day moving average is $72.02. Teekay Tankers Ltd. has a 12-month low of $41.77 and a 12-month high of $83.99. The stock has a market cap of $2.74 billion, a P/E ratio of 4.67 and a beta of -0.22.

Teekay Tankers (NYSE:TNK – Get Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The shipping company reported $3.69 EPS for the quarter. Teekay Tankers had a net margin of 51.35% and a return on equity of 22.11%. On average, analysts expect that Teekay Tankers Ltd. will post 13.75 EPS for the current year.

Teekay Tankers Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Monday, August 10th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Monday, August 10th. Teekay Tankers’s dividend payout ratio is currently 5.89%.

Wall Street Analyst Weigh In

TNK has been the subject of a number of research reports. Bank of America raised their price target on shares of Teekay Tankers from $69.00 to $75.00 and gave the stock an “underperform” rating in a report on Wednesday, May 20th. Evercore reiterated an “outperform” rating on shares of Teekay Tankers in a report on Wednesday, July 22nd. Wall Street Zen cut shares of Teekay Tankers from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Zacks Research downgraded Teekay Tankers from a “strong-buy” rating to a “hold” rating in a research note on Monday, July 20th. Finally, Weiss Ratings lowered Teekay Tankers from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Teekay Tankers presently has a consensus rating of “Hold” and a consensus price target of $77.00.

Check Out Our Latest Analysis on TNK

About Teekay Tankers

(Free Report)

Teekay Tankers Ltd is an oil tanker shipping company that owns and operates a fleet of modern crude oil and petroleum product tankers. Listed on the New York Stock Exchange under the ticker symbol TNK, the company provides seaborne transportation services for crude oil, refined petroleum products and petrochemicals. Its operations range across major global trade lanes, offering a mix of spot market voyages and time-charter contracts to a diverse customer base in the oil and energy sector.

The company’s fleet includes a mix of Medium Range (MR), Long Range (LR1 and LR2), Suezmax and Aframax tankers designed to meet various cargo specifications and port restrictions.