Suncor Energy (NYSE:SU) Rating Increased to Moderate Buy at ATB Cormark Capital Markets

ATB Cormark Capital Markets upgraded shares of Suncor Energy (NYSE:SU) (TSE:SU) from a hold rating to a moderate buy rating in a report released on Wednesday morning,Zacks.com reports.

SU has been the subject of several other reports. Weiss Ratings reissued 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 $66.00 to $73.00 and gave the stock a “buy” rating in a research report on Wednesday. Zacks Research downgraded Suncor Energy from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 20th. JPMorgan Chase & Co. upgraded Suncor Energy from a “neutral” rating to an “overweight” rating and increased their price target for the company from $46.15 to $54.00 in a research report on Tuesday, January 20th. Finally, Royal Bank Of Canada lifted their price target on Suncor Energy from $69.00 to $75.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $72.00.

Suncor Energy Stock Down 1.8%

NYSE SU opened at $64.94 on Wednesday. Suncor Energy has a 12 month low of $30.79 and a 12 month high of $67.76. The company has a market capitalization of $77.27 billion, a P/E ratio of 18.71 and a beta of 0.32. The company’s 50 day simple moving average is $57.51 and its 200 day simple moving average is $48.15. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 0.89.

Suncor Energy (NYSE:SU) (TSE:SU) last issued its earnings results on Tuesday, February 3rd. The oil and gas producer reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates 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 period last year, the firm posted $1.25 earnings per share. Equities research analysts expect that Suncor Energy will post 3.42 earnings per share for the current fiscal year.

Suncor Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 3.7%. The ex-dividend date was Wednesday, March 4th. Suncor Energy’s payout ratio is presently 50.72%.

Institutional Trading of Suncor Energy

Several hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its position in Suncor Energy by 2.1% during the fourth quarter. Vanguard Group Inc. now owns 55,720,921 shares of the oil and gas producer’s stock valued at $2,473,173,000 after buying an additional 1,166,405 shares during the period. Artisan Partners Limited Partnership boosted its position in Suncor Energy by 0.4% during the 3rd quarter. Artisan Partners Limited Partnership now owns 33,868,775 shares of the oil and gas producer’s stock worth $1,417,029,000 after acquiring an additional 145,800 shares during the period. Dodge & Cox grew its stake in Suncor Energy by 0.3% during the 3rd quarter. Dodge & Cox now owns 27,471,954 shares of the oil and gas producer’s stock valued at $1,148,602,000 after acquiring an additional 70,300 shares in the last quarter. FIL Ltd increased its holdings in shares of Suncor Energy by 14.0% in the 4th quarter. FIL Ltd now owns 21,050,387 shares of the oil and gas producer’s stock valued at $934,312,000 after purchasing an additional 2,592,516 shares during the period. Finally, The Manufacturers Life Insurance Company increased its holdings in shares of Suncor Energy by 3.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 20,911,602 shares of the oil and gas producer’s stock valued at $779,788,000 after purchasing an additional 641,354 shares during the period. Institutional investors and hedge funds own 67.37% of the company’s stock.

Suncor Energy News Summary

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

• Positive Sentiment: Suncor raised shareholder returns and published a 2026 Investor Day plan that boosts buybacks and outlines a three?year program to lift production and cash flow — supportive for yields and EPS. Investor Day presentation
• Positive Sentiment: Goldman Sachs raised its price target to $73 and holds a buy rating, implying upside from current levels and adding institutional support. Benzinga note on GS target
• Positive Sentiment: Multiple sell?side upgrades and momentum signals (Zacks Rank #2, Raymond James reaffirmation) highlight improving earnings expectations and investor sentiment. Zacks upgrade
• Positive Sentiment: Strategic shift toward in?situ steam?assisted extraction by 2040 is intended to lower long?run operating costs and improve cash generation — a structural positive for margins. Reuters: in-situ shift
• Neutral Sentiment: A valuation reassessment notes that strong 1?year total returns have already been priced in, raising questions about upside from current levels — useful context but not an immediate catalyst. Yahoo Finance valuation piece
• Neutral Sentiment: Broader energy sector strength has driven momentum across peers; Suncor benefits from sector flows but is exposed to commodity price and geopolitical volatility. Bloomberg via Yahoo
• Negative Sentiment: Unusually large put option buying — ~28,315 puts (~2,998% above typical volume) — signals significant bearish bets or hedging activity, which can pressure the stock short?term as market makers hedge and sentiment shifts. DefenseWorld: put activity

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.