Stock Traders Buy Large Volume of Put Options on Suncor Energy (NYSE:SU)

Suncor Energy Inc. (NYSE:SU) (TSE:SU) was the recipient of unusually large options trading on Wednesday. Stock traders purchased 28,315 put options on the company. This is an increase of approximately 2,998% compared to the typical daily volume of 914 put options.

Hedge Funds Weigh In On Suncor Energy

Several hedge funds have recently bought and sold shares of the company. Atlantic Edge Private Wealth Management LLC grew its holdings in Suncor Energy by 54.9% in the fourth quarter. Atlantic Edge Private Wealth Management LLC now owns 635 shares of the oil and gas producer’s stock valued at $28,000 after purchasing an additional 225 shares during the last quarter. Richardson Financial Services Inc. raised its stake in shares of Suncor Energy by 64.1% during 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 during the last quarter. Headlands Technologies LLC acquired a new position in shares of Suncor Energy during the 2nd quarter worth $31,000. 1 North Wealth Services LLC purchased a new stake in shares of Suncor Energy in the 4th quarter worth about $32,000. Finally, Hanson & Doremus Investment Management boosted its position in shares of Suncor Energy by 143.5% in the 3rd quarter. Hanson & Doremus Investment Management now owns 789 shares of the oil and gas producer’s stock worth $33,000 after buying an additional 465 shares in the last quarter. 67.37% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on SU shares. The Goldman Sachs Group upped their price objective on Suncor Energy from $66.00 to $73.00 and gave the company a “buy” rating in a research note on Wednesday. Wall Street Zen downgraded Suncor Energy from a “buy” rating to a “hold” rating in a research note on Sunday, December 28th. JPMorgan Chase & Co. raised Suncor Energy from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $46.15 to $54.00 in a report on Tuesday, January 20th. Zacks Research downgraded Suncor Energy from a “strong-buy” rating to a “hold” rating 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. Five equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Suncor Energy presently has an average rating of “Moderate Buy” and a consensus target price of $67.33.

Key Stories Impacting Suncor Energy

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

• Positive Sentiment: Goldman Sachs raised its price target to $73 and maintained a buy stance, signaling ~12% upside vs. recent levels and reinforcing institutional conviction in Suncor’s outlook. Goldman Sachs raises price target
• Positive Sentiment: Suncor announced larger 2026 buybacks and a new plan aimed at lowering its breakeven, a direct shareholder-friendly move that should support EPS and cash-return expectations. Suncor lifts 2026 buybacks
• Positive Sentiment: At Investor Day Suncor rolled out a three‑year plan to boost production and cash flow, including expansion timing for oilsands assets and higher buybacks — concrete execution steps that could improve long‑term returns. Investor Day presentation and 3-year plan
• Positive Sentiment: Zacks upgraded Suncor to a #2 (Buy) and highlighted the stock as a top-ranked momentum candidate, which may attract momentum-focused inflows. Zacks upgraded Suncor
• Neutral Sentiment: Raymond James reaffirmed its buy rating — supportive but not a catalyst on its own unless paired with higher targets or revisions. Raymond James reaffirms buy
• Neutral Sentiment: Recent fundamentals: Q4 EPS slightly beat estimates while revenue was roughly in line; consensus forecasts remain for mid‑single‑digit annual EPS in 2026 — supportive but not transformative. (Company filings / earnings release)
• Negative Sentiment: Despite the positive catalysts above, shares are down today — likely due to profit‑taking after a strong sector run and rotation dynamics. Elevated volume suggests active repositioning rather than a fresh negative development.

Suncor Energy Stock Performance

NYSE:SU opened at $64.94 on Thursday. The firm’s fifty day simple moving average is $57.51 and its 200-day simple moving average is $48.15. The company has a quick ratio of 0.89, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. The stock has a market cap of $77.27 billion, a PE ratio of 18.71 and a beta of 0.32. Suncor Energy has a fifty-two week low of $30.79 and a fifty-two week high of $67.76.

Suncor Energy (NYSE:SU) (TSE:SU) last announced its quarterly earnings data on Tuesday, February 3rd. The oil and gas producer reported $0.79 EPS for the quarter, beating the consensus estimate of $0.77 by $0.02. The firm had revenue of $8.77 billion during the quarter, compared to analysts’ expectations of $8.79 billion. Suncor Energy had a net margin of 11.99% and a return on equity of 12.51%. During the same quarter last year, the business earned $1.25 earnings per share. Analysts expect that Suncor Energy will post 3.42 earnings per share 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 given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Wednesday, March 4th. Suncor Energy’s dividend payout ratio (DPR) is presently 50.72%.

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.