Suncor Energy Inc. $SU Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC trimmed its stake in shares of Suncor Energy Inc. (NYSE:SU) (TSE:SU) by 1.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 715,263 shares of the oil and gas producer’s stock after selling 8,702 shares during the quarter. Allspring Global Investments Holdings LLC owned about 0.06% of Suncor Energy worth $32,609,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in SU. Richardson Financial Services Inc. raised its stake in shares of Suncor Energy by 64.1% in the 3rd quarter. Richardson Financial Services Inc. now owns 704 shares of the oil and gas producer’s stock worth $29,000 after buying an additional 275 shares in the last quarter. Headlands Technologies LLC acquired a new position in Suncor Energy during the second quarter worth about $31,000. Hanson & Doremus Investment Management raised its position in Suncor Energy by 143.5% in the third quarter. Hanson & Doremus Investment Management now owns 789 shares of the oil and gas producer’s stock worth $33,000 after acquiring an additional 465 shares in the last quarter. Smartleaf Asset Management LLC raised its position in Suncor Energy by 95.8% in the third quarter. Smartleaf Asset Management LLC now owns 793 shares of the oil and gas producer’s stock worth $33,000 after acquiring an additional 388 shares in the last quarter. Finally, Corsicana & Co. acquired a new stake in Suncor Energy in the 3rd quarter valued at about $42,000. 67.37% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on SU shares. ATB Cormark Capital Markets upgraded shares of Suncor Energy from a “hold” rating to a “moderate buy” rating in a report on Wednesday. The Goldman Sachs Group upped their price target on Suncor Energy from $66.00 to $73.00 and gave the company a “buy” rating in a report on Wednesday. Royal Bank Of Canada increased their price objective on Suncor Energy from $75.00 to $89.00 and gave the company an “outperform” rating in a research report on Wednesday. JPMorgan Chase & Co. raised Suncor Energy from a “neutral” rating to an “overweight” rating and upped their target price for the company from $46.15 to $54.00 in a report on Tuesday, January 20th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Suncor Energy in a research report on Monday, December 29th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Suncor Energy has an average rating of “Moderate Buy” and an average target price of $72.00.

Suncor Energy Stock Performance

Shares of Suncor Energy stock opened at $65.89 on Friday. The company has a quick ratio of 0.89, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. Suncor Energy Inc. has a 12 month low of $30.79 and a 12 month high of $67.76. The business has a fifty day simple moving average of $57.83 and a 200-day simple moving average of $48.28. The stock has a market cap of $78.41 billion, a PE ratio of 18.99 and a beta of 0.32.

Suncor Energy (NYSE:SU) (TSE:SU) last posted its quarterly earnings results on Tuesday, February 3rd. The oil and gas producer reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.77 by $0.02. The business had revenue of $8.77 billion during the quarter, compared to analyst estimates of $8.79 billion. Suncor Energy had a net margin of 11.99% and a return on equity of 12.51%. During the same period in the prior year, the firm earned $1.25 earnings per share. On average, sell-side analysts anticipate that Suncor Energy Inc. will post 3.42 EPS for the current fiscal year.

Suncor Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 4th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Wednesday, March 4th. Suncor Energy’s payout ratio is currently 50.72%.

Key Suncor Energy News

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

• Positive Sentiment: Royal Bank of Canada raised its price target sharply to $89 and kept an “outperform” rating, implying substantial upside versus the recent share price; this is a clear catalyst for momentum buying. Article Title
• Positive Sentiment: ATB Cormark upgraded Suncor from “hold” to “moderate buy,” adding another analyst endorsement that supports continued buying interest. Article Title Article Title
• Positive Sentiment: Goldman Sachs raised its price target (to $73) and maintained a buy stance — another institutional signal likely supporting further upside. Article Title
• Positive Sentiment: Zacks upgraded Suncor to a Rank #2 (Buy) and several pieces flagged Suncor as a top-ranked momentum stock, reinforcing momentum-driven flows. Article Title
• Positive Sentiment: Suncor increased its 2026 buyback program and signaled a lower breakeven target — shareholder-friendly capital returns that tend to support the stock. Article Title
• Neutral Sentiment: Valuation/rotation coverage: multiple finance pieces are asking whether Suncor’s strong multi‑year rally leaves room for more gains (detailed performance metrics and valuation discussion). These articles increase investor attention but present mixed conclusions. Article Title Article Title
• Negative Sentiment: Unusually large put-option volume (about 28,315 puts vs typical ~914) was traded — a ~3,000% spike — which can reflect hedging or speculative bearish bets and may increase volatility or signal short-term downside risk. Article Title

Suncor Energy Company Profile

Suncor Energy Inc is a Canadian integrated energy company headquartered in Calgary, Alberta. The company’s operations span the full oil and gas value chain, with principal activities in oil sands development and production, conventional exploration and production, refining, distribution and retail marketing of petroleum products. Suncor supplies crude, synthetic crude and refined fuels as well as related products and services to commercial and consumer markets.

Upstream, Suncor is a major developer and operator of oil sands projects in Alberta, using both mining and in situ technologies to produce bitumen and synthetic crude.