Caxton Associates LLP Decreases Stock Holdings in Teck Resources Ltd $TECK

Caxton Associates LLP trimmed its holdings in Teck Resources Ltd (NYSE:TECK) (TSE:TECK) by 44.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,564,756 shares of the basic materials company’s stock after selling 1,258,170 shares during the quarter. Teck Resources makes up approximately 1.8% of Caxton Associates LLP’s holdings, making the stock its 10th biggest position. Caxton Associates LLP’s holdings in Teck Resources were worth $80,976,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in TECK. Welch Group LLC raised its position in shares of Teck Resources by 3.5% during the fourth quarter. Welch Group LLC now owns 5,899 shares of the basic materials company’s stock valued at $283,000 after buying an additional 199 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Teck Resources by 117.4% in the first quarter. Geneos Wealth Management Inc. now owns 561 shares of the basic materials company’s stock worth $29,000 after buying an additional 303 shares in the last quarter. Compound Planning Inc. boosted its position in shares of Teck Resources by 1.0% during the fourth quarter. Compound Planning Inc. now owns 32,266 shares of the basic materials company’s stock worth $1,545,000 after acquiring an additional 333 shares during the last quarter. 44 Wealth Management LLC boosted its position in shares of Teck Resources by 1.3% during the fourth quarter. 44 Wealth Management LLC now owns 31,488 shares of the basic materials company’s stock worth $1,508,000 after acquiring an additional 411 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake in Teck Resources by 5.5% during the third quarter. NewEdge Advisors LLC now owns 8,635 shares of the basic materials company’s stock valued at $379,000 after acquiring an additional 452 shares in the last quarter. 78.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on TECK. Veritas cut shares of Teck Resources from a “strong-buy” rating to a “hold” rating in a research note on Thursday, June 4th. Raymond James Financial upgraded Teck Resources from a “market perform” rating to an “outperform” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft boosted their target price on Teck Resources from $64.00 to $68.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. TD Securities reissued a “hold” rating on shares of Teck Resources in a research note on Friday, April 24th. Finally, Weiss Ratings upgraded Teck Resources from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, April 24th. Six equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $63.00.

Teck Resources Stock Performance

NYSE TECK opened at $59.80 on Friday. The business’s 50 day moving average price is $61.48 and its 200-day moving average price is $57.47. Teck Resources Ltd has a fifty-two week low of $30.98 and a fifty-two week high of $71.25. The company has a market cap of $28.88 billion, a P/E ratio of 21.90, a P/E/G ratio of 1.69 and a beta of 0.92. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.16 and a current ratio of 2.83.

Key Stories Impacting Teck Resources

Here are the key news stories impacting Teck Resources this week:

• Positive Sentiment: Teck’s Q2 results came in above estimates, with earnings and revenue both beating analyst forecasts as copper production and prices improved. Teck Resources Ltd (TECK) Surpasses Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company reported adjusted earnings per share well above expectations, with one report saying shares moved higher after the strong earnings beat and better-than-expected copper performance. Teck Resources quarterly earnings top estimates on stronger copper performance
• Positive Sentiment: Teck said second-quarter profit tripled on higher copper prices, and it reaffirmed output guidance, which supports confidence in near-term operating momentum. Teck Second-Quarter Earnings Triple as Copper Prices Advance
• Positive Sentiment: The company announced a quarterly dividend of $0.125 per share, reinforcing balance-sheet strength and shareholder returns. Teck Announces Dividend
• Neutral Sentiment: Management’s earnings call and release detailed the quarter’s results, but the main market driver remains the stronger copper pricing backdrop and operating execution. Teck Resources Limited (TECK.B:CA) Q2 2026 Earnings Call Transcript
• Negative Sentiment: One recent industry note highlighted a sharp drop in copper prices, which could pressure Teck if the weaker copper trend continues. Copper’s Biggest Intraday Drop in 2026: 5 Stocks Most at Risk Today

Teck Resources Company Profile

Teck Resources Ltd. is a diversified natural resource company headquartered in Canada that explores for, develops and produces a portfolio of metallic and energy commodities. Its core businesses center on copper, steelmaking (metallurgical) coal and zinc, with related smelting and refining activities. Teck supplies raw materials and intermediate products to global steelmakers, metals markets and industrial customers, and operates integrated mining and processing facilities as well as earlier-stage exploration and development projects.

The company’s operations and projects are located across multiple geographies, with a significant presence in western Canada and North America and additional exploration and development activities in Latin America.