US Capital Advisors Downgrades South Bow (NYSE:SOBO) to Hold

South Bow (NYSE:SOBO) was downgraded by equities research analysts at US Capital Advisors from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday,Zacks.com reports. US Capital Advisors also issued estimates for South Bow’s Q1 2026 earnings at $0.41 EPS, Q2 2026 earnings at $0.42 EPS, Q3 2026 earnings at $0.43 EPS, Q4 2026 earnings at $0.44 EPS and FY2026 earnings at $1.69 EPS.

Other research analysts have also issued research reports about the stock. National Bankshares raised their target price on shares of South Bow from $25.00 to $26.00 and gave the company a “sector perform” rating in a research note on Friday, August 8th. Scotiabank raised their target price on South Bow from $27.00 to $28.00 and gave the stock a “sector perform” rating in a report on Monday, October 20th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of South Bow in a research note on Friday, August 8th. CIBC upped their target price on shares of South Bow from $27.00 to $28.00 and gave the company a “neutral” rating in a research note on Thursday, October 9th. Finally, JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a $27.00 target price on shares of South Bow in a research note on Thursday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $29.40.

South Bow Trading Up 0.6%

SOBO stock opened at $25.95 on Tuesday. The company has a market cap of $5.40 billion and a P/E ratio of 18.15. South Bow has a twelve month low of $21.16 and a twelve month high of $29.19. The company has a quick ratio of 1.20, a current ratio of 1.28 and a debt-to-equity ratio of 2.19. The business has a fifty day moving average of $27.52 and a 200-day moving average of $26.59.

South Bow (NYSE:SOBO) last released its earnings results on Wednesday, August 6th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.04. The firm had revenue of $524.00 million for the quarter, compared to the consensus estimate of $449.00 million. As a group, equities research analysts expect that South Bow will post 1.74 EPS for the current year.

Institutional Trading of South Bow

Several hedge funds have recently modified their holdings of SOBO. Goldman Sachs Group Inc. increased its stake in shares of South Bow by 157.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,851,407 shares of the company’s stock valued at $98,288,000 after acquiring an additional 10,510,206 shares in the last quarter. Murchinson Ltd. bought a new position in shares of South Bow during the 1st quarter worth about $134,592,000. Bank of Nova Scotia boosted its position in shares of South Bow by 196.7% during the 1st quarter. Bank of Nova Scotia now owns 2,193,469 shares of the company’s stock worth $56,039,000 after purchasing an additional 1,454,084 shares in the last quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT boosted its position in shares of South Bow by 650.4% during the 2nd quarter. CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT now owns 1,526,100 shares of the company’s stock worth $39,541,000 after purchasing an additional 1,322,729 shares in the last quarter. Finally, Boston Partners bought a new position in shares of South Bow during the 1st quarter worth about $32,840,000.

About South Bow

South Bow Corp is a strategic liquids pipeline company. It is a new liquids-focused midstream infrastructure company. South Bow Corp is based in Canada.