Man Group plc Invests $103.40 Million in Suncor Energy Inc. $SU

Posted by Brenda Bartman on Aug 26th, 2026

Man Group plc acquired a new stake in shares of Suncor Energy Inc. (NYSE:SU – Free Report) (TSE:SU) during the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 1,922,906 shares of the oil and gas producer’s stock, valued at approximately $103,402,000.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Suncor Energy by 2.1% in the 4th quarter. Vanguard Group Inc. now owns 55,720,921 shares of the oil and gas producer’s stock worth $2,473,173,000 after buying an additional 1,166,405 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Suncor Energy by 121.4% in the first quarter. Arrowstreet Capital Limited Partnership now owns 26,085,360 shares of the oil and gas producer’s stock worth $1,724,954,000 after buying an additional 14,304,131 shares in the last quarter. FIL Ltd grew its position in Suncor Energy by 14.0% during the fourth quarter. FIL Ltd now owns 21,050,387 shares of the oil and gas producer’s stock valued at $934,312,000 after acquiring an additional 2,592,516 shares during the last quarter. Principal Financial Group Inc. grew its position in Suncor Energy by 2.7% during the fourth quarter. Principal Financial Group Inc. now owns 19,371,704 shares of the oil and gas producer’s stock valued at $860,933,000 after acquiring an additional 516,783 shares during the last quarter. Finally, Fisher Asset Management LLC raised its stake in shares of Suncor Energy by 8.3% during the fourth quarter. Fisher Asset Management LLC now owns 16,820,924 shares of the oil and gas producer’s stock worth $746,176,000 after acquiring an additional 1,289,959 shares in the last quarter. 67.37% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Morgan Stanley set a $106.00 price objective on shares of Suncor Energy in a report on Wednesday, August 19th. Zacks Research lowered shares of Suncor Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 4th. Wall Street Zen cut shares of Suncor Energy from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 1st. Weiss Ratings upgraded shares of Suncor Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 29th. Finally, Scotiabank raised shares of Suncor Energy to a “strong-buy” rating in a research note on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $80.25.

Check Out Our Latest Analysis on Suncor Energy

Suncor Energy Price Performance

Shares of Suncor Energy stock opened at $65.38 on Wednesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.65 and a quick ratio of 1.08. The business’s 50 day simple moving average is $61.32 and its two-hundred day simple moving average is $61.86. The stock has a market capitalization of $77.20 billion, a P/E ratio of 12.04, a price-to-earnings-growth ratio of 0.49 and a beta of 0.30. Suncor Energy Inc. has a one year low of $37.76 and a one year high of $70.29.

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

Suncor Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date is Friday, September 4th. Suncor Energy’s dividend payout ratio is currently 32.04%.

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.