Stifel Canada Lifts Earnings Estimates for Teck Resources

Teck Resources Ltd (NYSE:TECK) (TSE:TECK) – Analysts at Stifel Canada increased their Q3 2025 earnings estimates for shares of Teck Resources in a research report issued on Tuesday, July 22nd. Stifel Canada analyst R. Profiti now expects that the basic materials company will earn $0.29 per share for the quarter, up from their previous estimate of $0.19. Stifel Canada has a “Hold” rating on the stock. The consensus estimate for Teck Resources’ current full-year earnings is $1.53 per share. Stifel Canada also issued estimates for Teck Resources’ Q4 2025 earnings at $0.44 EPS, FY2025 earnings at $1.31 EPS and FY2026 earnings at $1.53 EPS.

Teck Resources (NYSE:TECK) (TSE:TECK) last announced its quarterly earnings results on Thursday, July 24th. The basic materials company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.07. Teck Resources had a net margin of 2.51% and a return on equity of 3.87%. The company had revenue of $1.49 billion during the quarter, compared to the consensus estimate of $2.25 billion. During the same quarter last year, the firm earned $0.79 earnings per share. The firm’s quarterly revenue was up 12.3% compared to the same quarter last year.

TECK has been the subject of several other research reports. Veritas upgraded Teck Resources to a “hold” rating in a research note on Friday, April 11th. Desjardins cut shares of Teck Resources from a “buy” rating to a “hold” rating in a research note on Friday, July 18th. CIBC downgraded shares of Teck Resources from a “sector outperform” rating to a “neutral” rating in a report on Friday. Morgan Stanley cut shares of Teck Resources from an “overweight” rating to an “equal weight” rating and boosted their price objective for the company from $42.00 to $44.00 in a report on Tuesday, July 15th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and issued a $41.00 target price (down previously from $46.00) on shares of Teck Resources in a report on Friday. One analyst has rated the stock with a sell rating, ten have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Teck Resources presently has a consensus rating of “Hold” and an average target price of $61.63.

Teck Resources Stock Performance

Shares of TECK opened at $33.00 on Friday. The business’s fifty day simple moving average is $38.17 and its two-hundred day simple moving average is $38.58. The company has a current ratio of 3.36, a quick ratio of 2.57 and a debt-to-equity ratio of 0.15. Teck Resources has a 12 month low of $28.32 and a 12 month high of $54.13. The company has a market cap of $15.94 billion, a price-to-earnings ratio of 86.83, a P/E/G ratio of 0.56 and a beta of 0.80.

Teck Resources Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Monday, September 15th will be issued a $0.0918 dividend. This is a boost from Teck Resources’s previous quarterly dividend of $0.09. This represents a $0.37 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date is Monday, September 15th. Teck Resources’s dividend payout ratio (DPR) is currently 94.74%.

Institutional Trading of Teck Resources

Hedge funds have recently bought and sold shares of the stock. Sequoia Financial Advisors LLC lifted its position in shares of Teck Resources by 5.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 10,354 shares of the basic materials company’s stock valued at $377,000 after buying an additional 545 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in Teck Resources by 7,560.0% during the first quarter. Golden State Wealth Management LLC now owns 1,149 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 1,134 shares in the last quarter. Pictet Asset Management Holding SA boosted its position in shares of Teck Resources by 102.6% in the fourth quarter. Pictet Asset Management Holding SA now owns 309,987 shares of the basic materials company’s stock worth $12,563,000 after purchasing an additional 156,980 shares during the period. Cetera Investment Advisers increased its stake in shares of Teck Resources by 20.6% in the fourth quarter. Cetera Investment Advisers now owns 57,793 shares of the basic materials company’s stock worth $2,342,000 after purchasing an additional 9,887 shares in the last quarter. Finally, Oppenheimer Asset Management Inc. raised its position in shares of Teck Resources by 22.6% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 12,141 shares of the basic materials company’s stock valued at $442,000 after purchasing an additional 2,240 shares during the period. Institutional investors own 78.06% of the company’s stock.

Teck Resources Company Profile

Teck Resources Limited engages in exploring for, acquiring, developing, and producing natural resources in Asia, Europe, and North America. The company operates through Steelmaking Coal, Copper, Zinc, and Energy segments. Its principal products include copper, zinc, steelmaking coal, and blended bitumen.