Suncor Energy Inc. $SU Stock: Triasima Portfolio Management inc. Increases Stake

Posted by Brenda Bartman on Oct 16th, 2026

Triasima Portfolio Management inc. increased its holdings in shares of Suncor Energy Inc. (NYSE:SU – Free Report) (TSE:SU) by 43.4% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 58,466 shares of the oil and gas producer’s stock after purchasing an additional 17,681 shares during the quarter. Triasima Portfolio Management inc.’s holdings in Suncor Energy were worth $3,974,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Connor Clark & Lunn Investment Management Ltd. bought a new position in Suncor Energy in the second quarter valued at $816,551,000. The Manufacturers Life Insurance Company acquired a new stake in Suncor Energy in the 2nd quarter valued at $790,952,000. Arrowstreet Capital Limited Partnership lifted its position in Suncor Energy by 121.4% during the 1st 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. Canada Pension Plan Investment Board acquired a new position in shares of Suncor Energy during the 2nd quarter worth about $466,810,000. Finally, Bank of America Corp DE bought a new position in shares of Suncor Energy in the 2nd quarter valued at about $351,892,000. 67.37% of the stock is owned by institutional investors and hedge funds.

Suncor Energy Price Performance

Shares of NYSE SU opened at $75.67 on Friday. The business’s 50 day moving average price is $68.22 and its two-hundred day moving average price is $64.69. The company has a market cap of $88.50 billion, a PE ratio of 13.93, a price-to-earnings-growth ratio of 0.50 and a beta of 0.36. 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 Inc. has a twelve month low of $37.76 and a twelve month high of $76.73.

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 (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $11.68 billion. During the same quarter in the prior year, the company earned $0.71 earnings per share. On average, analysts predict that Suncor Energy Inc. will post 8.12 EPS for the current year.

Suncor Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 4th were given a C$0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, September 4th. Suncor Energy’s payout ratio is presently 31.86%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Scotiabank upgraded Suncor Energy to a “strong-buy” rating in a report on Friday, June 26th. Weiss Ratings upgraded Suncor Energy from a “buy (b)” rating to a “buy (a-)” rating in a research note on Thursday, October 8th. Morgan Stanley set a $106.00 target price on shares of Suncor Energy in a research note on Wednesday, August 19th. Zacks Research upgraded shares of Suncor Energy from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. Finally, Desjardins raised shares of Suncor Energy to a “moderate buy” rating in a research report on Thursday, July 16th. Three equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $79.62.

Check Out Our Latest Stock Report on Suncor Energy

Suncor Energy Company Profile

(Free Report)

Suncor Energy Inc is an integrated energy company headquartered in Calgary, Alberta. Its operations span the development and production of crude oil from Canada’s oil sands, offshore petroleum production, refining, and the marketing and distribution of petroleum products.

The company produces synthetic crude oil, bitumen and conventional crude oil, which are processed through its refining operations into fuels and other refined products. Suncor markets fuel and convenience products through the Petro-Canada retail network and supplies commercial, wholesale and industrial customers.