TC Energy (NYSE:TRP) Stock Unloaded Rep. Ritchie Torres

Representative Ritchie Torres (D-New York) recently sold shares of TC Energy Corporation (NYSE:TRP). In a filing disclosed on August 20th, the Representative disclosed that they had sold between $1,001 and $15,000 in TC Energy stock on July 11th.

Representative Ritchie Torres also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Equity Lifestyle Properties (NYSE:ELS) on 7/11/2025.
• Sold $1,001 – $15,000 in shares of Northrop Grumman (NYSE:NOC) on 7/11/2025.
• Sold $1,001 – $15,000 in shares of Emerson Electric (NYSE:EMR) on 7/11/2025.
• Sold $1,001 – $15,000 in shares of Kinder Morgan (NYSE:KMI) on 7/11/2025.
• Sold $1,001 – $15,000 in shares of MetLife (NYSE:MET) on 7/11/2025.
• Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 7/11/2025.
• Sold $1,001 – $15,000 in shares of Equity Residential (NYSE:EQR) on 7/11/2025.
• Sold $1,001 – $15,000 in shares of McKesson (NYSE:MCK) on 7/11/2025.
• Sold $1,001 – $15,000 in shares of Ares Management (NYSE:ARES) on 7/11/2025.
• Sold $1,001 – $15,000 in shares of Otis Worldwide (NYSE:OTIS) on 7/11/2025.

TC Energy Trading Down 0.9%

TRP stock opened at $50.7750 on Tuesday. TC Energy Corporation has a 12 month low of $40.76 and a 12 month high of $52.10. The firm’s 50-day moving average is $48.59 and its 200 day moving average is $48.32. The company has a market capitalization of $52.80 billion, a PE ratio of 17.33, a P/E/G ratio of 4.91 and a beta of 0.75. The company has a debt-to-equity ratio of 1.54, a current ratio of 0.61 and a quick ratio of 0.54.

TC Energy (NYSE:TRP) (TSE:TRP) last issued its earnings results on Thursday, July 31st. The pipeline company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.03. The business had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $2.56 billion. TC Energy had a net margin of 28.98% and a return on equity of 11.22%. During the same period in the prior year, the firm earned $0.79 EPS. On average, research analysts anticipate that TC Energy Corporation will post 2.63 EPS for the current year.

TC Energy Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Monday, September 29th will be issued a $0.6148 dividend. The ex-dividend date is Monday, September 29th. This is a boost from TC Energy’s previous quarterly dividend of $0.61. This represents a $2.46 dividend on an annualized basis and a dividend yield of 4.8%. TC Energy’s dividend payout ratio (DPR) is currently 83.62%.

Institutional Investors Weigh In On TC Energy

A number of hedge funds have recently made changes to their positions in the stock. BROOKFIELD Corp ON raised its holdings in TC Energy by 31.6% in the fourth quarter. BROOKFIELD Corp ON now owns 1,890,168 shares of the pipeline company’s stock worth $87,950,000 after purchasing an additional 454,011 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of TC Energy by 1.1% in the 1st quarter. Bank of New York Mellon Corp now owns 915,241 shares of the pipeline company’s stock valued at $43,209,000 after buying an additional 10,227 shares in the last quarter. Farther Finance Advisors LLC grew its position in shares of TC Energy by 77.7% in the 1st quarter. Farther Finance Advisors LLC now owns 2,299 shares of the pipeline company’s stock worth $110,000 after buying an additional 1,005 shares during the last quarter. Wealthstar Advisors LLC bought a new position in shares of TC Energy during the 1st quarter worth approximately $432,000. Finally, Golden State Wealth Management LLC raised its stake in shares of TC Energy by 222.2% during the 1st quarter. Golden State Wealth Management LLC now owns 1,076 shares of the pipeline company’s stock worth $51,000 after acquiring an additional 742 shares in the last quarter. 83.13% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on TRP shares. Barclays reiterated an “overweight” rating on shares of TC Energy in a report on Thursday, August 14th. US Capital Advisors lowered TC Energy from a “moderate buy” rating to a “hold” rating in a research report on Thursday, August 21st. CIBC raised TC Energy from a “neutral” rating to a “sector outperform” rating in a research report on Friday, May 2nd. Finally, Cibc World Mkts upgraded TC Energy from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, TC Energy currently has an average rating of “Moderate Buy” and a consensus price target of $62.00.

About Representative Torres

Ritchie Torres (Democratic Party) is a member of the U.S. House, representing New York’s 15th Congressional District. He assumed office on January 3, 2021. His current term ends on January 3, 2027.

Torres (Democratic Party) ran for re-election to the U.S. House to represent New York’s 15th Congressional District. He won in the general election on November 5, 2024.

Ritchie Torres lives in the Bronx, New York.

TC Energy Company Profile

TC Energy Corporation operates as an energy infrastructure company in North America. It operates through five segments: Canadian Natural Gas Pipelines; U.S. Natural Gas Pipelines; Mexico Natural Gas Pipelines; Liquids Pipelines; and Power and Energy Solutions. The company builds and operates a network of 93,600 kilometers of natural gas pipelines, which transports natural gas from supply basins to local distribution companies, power generation plants, industrial facilities, interconnecting pipelines, LNG export terminals, and other businesses.