TC Energy (NYSE:TRP) Upgraded by Wall Street Zen to Hold Rating

TC Energy (NYSE:TRP) (TSE:TRP) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Saturday.

A number of other brokerages have also issued reports on TRP. TD Securities reiterated a “buy” rating on shares of TC Energy in a research note on Friday, October 17th. Morgan Stanley reiterated an “overweight” rating on shares of TC Energy in a research report on Wednesday, January 28th. BMO Capital Markets upgraded TC Energy from a “market perform” rating to an “outperform” rating in a research note on Friday, November 7th. Citigroup reiterated a “neutral” rating on shares of TC Energy in a research report on Thursday, November 20th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of TC Energy in a report on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, TC Energy currently has an average rating of “Buy” and a consensus target price of $84.00.

TC Energy Price Performance

NYSE TRP opened at $63.52 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.56 and a debt-to-equity ratio of 1.60. TC Energy has a 12 month low of $43.59 and a 12 month high of $63.94. The stock has a market cap of $66.13 billion, a price-to-earnings ratio of 27.38 and a beta of 0.73. The company’s 50 day moving average is $56.15 and its two-hundred day moving average is $53.49.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. GQG Partners LLC raised its position in TC Energy by 586.5% during the fourth quarter. GQG Partners LLC now owns 16,154,469 shares of the pipeline company’s stock valued at $890,711,000 after purchasing an additional 13,801,371 shares during the period. Norges Bank bought a new position in shares of TC Energy during the 4th quarter valued at approximately $583,732,000. Deutsche Bank AG raised its holdings in TC Energy by 63.2% during the 4th quarter. Deutsche Bank AG now owns 15,384,255 shares of the pipeline company’s stock valued at $846,288,000 after buying an additional 5,956,263 shares during the period. American Century Companies Inc. lifted its position in TC Energy by 514.5% in the third quarter. American Century Companies Inc. now owns 6,491,799 shares of the pipeline company’s stock worth $352,976,000 after buying an additional 5,435,310 shares during the last quarter. Finally, Public Sector Pension Investment Board boosted its stake in TC Energy by 2,573.3% during the second quarter. Public Sector Pension Investment Board now owns 2,680,572 shares of the pipeline company’s stock worth $130,600,000 after buying an additional 2,580,300 shares during the period. Institutional investors own 83.13% of the company’s stock.

Key TC Energy News

Here are the key news stories impacting TC Energy this week:

• Positive Sentiment: Q4 results topped consensus estimates, sending investor optimism about near-term cash generation. Management reported EPS above street forecasts and solid margins. MarketBeat Q4 earnings
• Positive Sentiment: Shares rose to near all-time highs after the earnings beat, reflecting positive market reception alongside peer strength (Enbridge). MSN: Enbridge, TC Energy rise to all-time highs
• Positive Sentiment: Operational performance was highlighted: strongest safety performance in five years, 15 flow records in 2025, and management signaled progress in commercial discussions that could lead to incremental project announcements in 2026. The company also raised its dividend for the 26th consecutive year. GlobeNewswire: Q4 and full-year results
• Neutral Sentiment: TC Energy filed its 2025 audited consolidated financial statements and annual disclosure documents, providing more detail for investors to review (MD&A, AIF). These disclosures support transparency but are informational rather than catalytic. GlobeNewswire: annual disclosure filing
• Neutral Sentiment: Quarterly materials and the conference call/slide deck are available for investors to assess guidance, project updates and segment detail. Press release / slide deck
• Negative Sentiment: Despite beating estimates, reported EPS was lower than the same quarter a year ago (quarterly comparisons mixed across sources), which could temper enthusiasm about growth trajectory. Reuters: beats Q4 profit estimates
• Negative Sentiment: Balance-sheet and liquidity metrics remain potential headwinds: low quick/current ratios (around 0.56/0.63) and a debt-to-equity near 1.6 increase sensitivity to rate and funding risks for capital projects. Investors should weigh the dividend reliability against leverage.

About TC Energy

TC Energy (NYSE: TRP) is a North American energy infrastructure company headquartered in Calgary, Alberta. Formerly known as TransCanada, the company rebranded as TC Energy to reflect its broad presence across Canada, the United States and Mexico. TC Energy develops, owns and operates a diversified portfolio of energy infrastructure assets that play a central role in the transportation and delivery of energy across the continent.

The company’s principal businesses include long‑distance natural gas transmission, liquids (crude oil) pipelines, natural gas storage and power generation.