TC Energy (NYSE:TRP) Stock Rating Lowered by TD Securities

TC Energy (NYSE:TRP) (TSE:TRP) was downgraded by research analysts at TD Securities from a “buy” rating to a “hold” rating in a research note issued to investors on Tuesday, Marketbeat reports.

A number of other analysts also recently issued reports on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of TC Energy in a research report on Monday, December 29th. Wells Fargo & Company reissued an “overweight” rating on shares of TC Energy in a report on Monday. BMO Capital Markets raised shares of TC Energy from a “market perform” rating to an “outperform” rating in a report on Friday, November 7th. Canadian Imperial Bank of Commerce upgraded shares of TC Energy from a “hold” rating to a “strong-buy” rating in a research report on Thursday, November 6th. Finally, Morgan Stanley reissued an “overweight” rating on shares of TC Energy in a research report on Wednesday, January 28th. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $72.50.

TC Energy Stock Performance

NYSE TRP opened at $61.68 on Tuesday. The company has a market capitalization of $64.22 billion, a PE ratio of 26.54 and a beta of 0.73. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.56 and a current ratio of 0.63. TC Energy has a 52-week low of $43.59 and a 52-week high of $63.94. The company has a 50-day simple moving average of $56.65 and a 200 day simple moving average of $53.84.

TC Energy (NYSE:TRP) (TSE:TRP) last released its earnings results on Friday, February 13th. The pipeline company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.65 by $0.05. TC Energy had a net margin of 23.04% and a return on equity of 10.52%. The firm had revenue of $2.20 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the prior year, the firm earned $1.05 EPS. On average, research analysts predict that TC Energy will post 2.63 EPS for the current year.

Hedge Funds Weigh In On TC Energy

A number of hedge funds and other institutional investors have recently bought and sold shares of TRP. Pacifica Partners Inc. grew its position in TC Energy by 14.0% in the third quarter. Pacifica Partners Inc. now owns 1,625 shares of the pipeline company’s stock worth $87,000 after acquiring an additional 200 shares in the last quarter. Mesirow Financial Investment Management Inc. raised its stake in shares of TC Energy by 2.0% during the third quarter. Mesirow Financial Investment Management Inc. now owns 9,991 shares of the pipeline company’s stock worth $544,000 after acquiring an additional 200 shares in the last quarter. Gold Investment Management Ltd. lifted its holdings in shares of TC Energy by 2.0% in the 4th quarter. Gold Investment Management Ltd. now owns 9,964 shares of the pipeline company’s stock worth $549,000 after acquiring an additional 200 shares during the last quarter. Kingswood Wealth Advisors LLC grew its holdings in shares of TC Energy by 2.8% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 7,342 shares of the pipeline company’s stock valued at $399,000 after purchasing an additional 202 shares during the last quarter. Finally, Kennebec Savings Bank grew its holdings in shares of TC Energy by 2.1% during the 4th quarter. Kennebec Savings Bank now owns 9,854 shares of the pipeline company’s stock valued at $542,000 after purchasing an additional 203 shares during the last quarter. Hedge funds and other institutional investors own 83.13% of the company’s stock.

Key Headlines Impacting TC Energy

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

• Positive Sentiment: Q4 results beat consensus, dividend was raised and management issued 2026 comparable EBITDA and capex guidance (C$11.6–11.8B EBITDA; C$5.5–6.0B capex), which supports fundamentals and the dividend story. TC Energy Q4 Earnings & Revenues Surpass Estimates, Dividend Raised
• Positive Sentiment: Major broker support and higher targets: Morgan Stanley nudged its target to C$93 and other brokers have set targets materially above the U.S. quote (one report cites an $84 PT), providing upside from current levels. Morgan Stanley Lifts TC Energy Target to C$93 Brokerages Set TC Energy PT at $84.00
• Positive Sentiment: Media and analysis pieces are bullish on TRP’s natural gas exposure and technical strength (relative strength rating rising to ~83), which can attract momentum and income‑seeking buyers. TC Energy: A Great Natural Gas Play Stocks to watch: RS rating jump to 83
• Neutral Sentiment: Raymond James moved its rating to “hold” (an upgrade to hold), which is a mixed message — not bearish but reduces immediate buy-side conviction. Raymond James upgrades to hold
• Negative Sentiment: Several Canadian brokers (CIBC, National Bank Financial, TD Securities) downgraded TRP to “hold” from stronger ratings (strong-buy/buy → hold). Clustered downgrades are weighing on sentiment and likely the main reason for the intraday weakness. CIBC downgrades TC Energy National Bank Financial downgrade TD Securities downgrades TRP

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.