American Century Companies Inc. Grows Position in South Bow Corporation $SOBO

American Century Companies Inc. raised its stake in shares of South Bow Corporation (NYSE:SOBO) by 467.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 959,031 shares of the company’s stock after acquiring an additional 790,111 shares during the period. American Century Companies Inc. owned about 0.46% of South Bow worth $27,137,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC grew its stake in shares of South Bow by 157.3% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 1,055 shares of the company’s stock worth $30,000 after acquiring an additional 645 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of South Bow by 1,993.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,340 shares of the company’s stock valued at $35,000 after purchasing an additional 1,276 shares in the last quarter. Cornerstone Planning Group LLC boosted its holdings in South Bow by 11,672.7% during the third quarter. Cornerstone Planning Group LLC now owns 2,590 shares of the company’s stock worth $73,000 after purchasing an additional 2,568 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new position in South Bow during the first quarter worth about $85,000. Finally, Mondrian Investment Partners LTD bought a new stake in South Bow in the 3rd quarter worth about $102,000.

Key South Bow News

Here are the key news stories impacting South Bow this week:

• Positive Sentiment: Q4 results beat expectations — South Bow reported $0.61 EPS vs. consensus $0.42 and revenue of $503M (up 3.1% YoY); margins and ROE remain healthy. This topline/earnings beat supports the stock’s near-term re-rating. Read More.
• Positive Sentiment: Dividend declared — South Bow announced a $0.50 quarterly dividend (record Mar 31, pay Apr 15) implying ~6.0% yield. A material yield and regular payout make the stock more attractive to income-focused investors. Read More.
• Positive Sentiment: Analyst target nudged up — Scotiabank raised its price target from $30 to $34 (sector perform), a small but favorable signal from the street that underpins modest upside. Read More.
• Positive Sentiment: Revival progress on Keystone XL — South Bow says a North American policy shift toward energy development improves prospects for reviving parts of Keystone XL; the company is seeking binding shipper commitments to restart flows. If secured, this would meaningfully increase capacity and long-term cashflows. Read More. — and related coverage on binding shipper commitments: Read More.
• Neutral Sentiment: Early-stage customer outreach — South Bow is actively gauging shipper/customer interest for a new Alberta‑to‑U.S. pipeline project; this is a business-development step but not yet a closed revenue event. Read More.
• Negative Sentiment: Regulatory and political risk remains — while policy tone is improving, Keystone XL was previously canceled due to political/regulatory hurdles; project revival still depends on securing commitments and navigating approvals, which creates execution risk. Read More.

Analyst Ratings Changes

SOBO has been the subject of several analyst reports. Barclays initiated coverage on shares of South Bow in a research note on Monday, December 8th. They issued an “equal weight” rating and a $27.00 price objective for the company. Weiss Ratings upgraded South Bow from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 20th. Jefferies Financial Group raised South Bow from a “hold” rating to a “buy” rating in a report on Monday, December 15th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of South Bow in a research report on Monday, November 17th. Finally, BMO Capital Markets reiterated a “market perform” rating on shares of South Bow in a report on Monday, November 17th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $29.57.

South Bow Price Performance

SOBO opened at $33.52 on Monday. South Bow Corporation has a fifty-two week low of $21.16 and a fifty-two week high of $34.01. The firm has a 50-day moving average of $28.97 and a 200 day moving average of $27.92. The company has a debt-to-equity ratio of 2.19, a quick ratio of 1.28 and a current ratio of 1.36. The firm has a market cap of $6.98 billion, a P/E ratio of 16.12 and a beta of 0.29.

South Bow (NYSE:SOBO) last announced its quarterly earnings data on Thursday, March 5th. The company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.42 by $0.19. The business had revenue of $503.00 million for the quarter, compared to analyst estimates of $500.57 million. South Bow had a net margin of 21.80% and a return on equity of 15.69%. The company’s revenue for the quarter was up 3.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.54 earnings per share. On average, research analysts expect that South Bow Corporation will post 1.74 EPS for the current year.

South Bow Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.50 per share. The ex-dividend date is Tuesday, March 31st. This represents a $2.00 annualized dividend and a dividend yield of 6.0%. South Bow’s dividend payout ratio (DPR) is presently 96.15%.

South Bow Company Profile

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.