Suncor Energy (NYSE:SU) Sets New 52-Week High After Better-Than-Expected Earnings

Shares of Suncor Energy Inc. (NYSE:SU) (TSE:SU) hit a new 52-week high during trading on Wednesday following a stronger than expected earnings report. The company traded as high as $54.84 and last traded at $54.7110, with a volume of 242183 shares. The stock had previously closed at $53.46.

The oil and gas producer reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.77 by $0.02. Suncor Energy had a return on equity of 12.53% and a net margin of 11.99%.The firm had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $8.79 billion. During the same period in the prior year, the company earned $1.25 EPS.

Suncor Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Wednesday, March 4th. Suncor Energy’s dividend payout ratio (DPR) is presently 49.57%.

Suncor Energy News Summary

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

• Positive Sentiment: Analyst upgrade and bigger price target — RBC raised its price target to $75 and kept an “outperform” rating, implying ~40% upside from current levels; this is a clear bullish endorsement from a major bank. Benzinga
• Positive Sentiment: Q4 results beat estimates and production strength — Suncor topped EPS and revenue estimates for Q4, citing record upstream output and strong refining performance that offset weaker commodity prices. That supports near‑term earnings resilience. MarketWatch
• Positive Sentiment: Dividend maintained and yield supportive — Suncor declared a quarterly payout of $0.60 (annualized yield ~4.5%), reinforcing income investor appeal and providing a cash-return floor for the stock.
• Neutral Sentiment: Strategic update on bitumen supply planned — Suncor said it will outline long‑term bitumen supply plans this spring, a strategic development that could affect medium‑term production and capital allocation but has no immediate financial impact. Reuters
• Negative Sentiment: Surge in put-option activity — Traders bought ~28,315 put contracts (a ~3,000% jump vs. normal daily put volume), and media flagged high put purchases, which can signal increased hedging or speculative bearish bets that may pressure near‑term share performance. American Banking News

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Wells Fargo & Company assumed coverage on shares of Suncor Energy in a report on Friday, October 17th. They issued an “equal weight” rating for the company. JPMorgan Chase & Co. upgraded Suncor Energy from a “neutral” rating to an “overweight” rating and upped their price objective for the company from $46.15 to $54.00 in a research report on Tuesday, January 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Suncor Energy in a research note on Monday, December 29th. The Goldman Sachs Group boosted their target price on Suncor Energy from $48.00 to $54.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Finally, Royal Bank Of Canada increased their price target on Suncor Energy from $69.00 to $75.00 and gave the company an “outperform” rating in a report on Thursday. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Suncor Energy presently has an average rating of “Moderate Buy” and a consensus target price of $61.00.

Institutional Investors Weigh In On Suncor Energy

A number of institutional investors and hedge funds have recently modified their holdings of the business. Atlantic Edge Private Wealth Management LLC boosted its holdings in Suncor Energy by 54.9% during the 4th quarter. Atlantic Edge Private Wealth Management LLC now owns 635 shares of the oil and gas producer’s stock valued at $28,000 after acquiring an additional 225 shares during the period. Richardson Financial Services Inc. boosted its stake in shares of Suncor Energy by 64.1% during the third quarter. Richardson Financial Services Inc. now owns 704 shares of the oil and gas producer’s stock valued at $29,000 after purchasing an additional 275 shares during the period. Headlands Technologies LLC bought a new position in shares of Suncor Energy in the second quarter worth about $31,000. Hanson & Doremus Investment Management increased its stake in 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 during the period. Finally, Smartleaf Asset Management LLC lifted its holdings in Suncor Energy by 95.8% during the 3rd quarter. Smartleaf Asset Management LLC now owns 793 shares of the oil and gas producer’s stock valued at $33,000 after buying an additional 388 shares in the last quarter. 67.37% of the stock is owned by institutional investors.

Suncor Energy Stock Down 0.2%

The company has a market cap of $63.32 billion, a P/E ratio of 15.29 and a beta of 0.46. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.85 and a current ratio of 1.35. The business’s fifty day moving average is $46.71 and its two-hundred day moving average is $42.92.

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.