Suncor Energy (NYSE:SU) Upgraded at Zacks Research

Zacks Research upgraded shares of Suncor Energy (NYSE:SU) (TSE:SU) from a hold rating to a strong-buy rating in a research note published on Monday morning,Zacks reports.

Several other equities analysts have also recently commented on SU. Wall Street Zen cut shares of Suncor Energy from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. Morgan Stanley set a $106.00 price objective on Suncor Energy in a report on Wednesday, August 19th. Scotiabank raised Suncor Energy to a “strong-buy” rating in a research report on Friday, June 26th. Desjardins upgraded Suncor Energy to a “moderate buy” rating in a research note on Thursday, July 16th. Finally, Weiss Ratings raised Suncor Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Suncor Energy currently has an average rating of “Buy” and an average price target of $80.25.

Suncor Energy Stock Performance

Shares of SU opened at $68.17 on Monday. The firm has a market capitalization of $79.73 billion, a PE ratio of 12.55, a P/E/G ratio of 0.45 and a beta of 0.36. The company has a quick ratio of 1.08, a current ratio of 1.65 and a debt-to-equity ratio of 0.19. The firm has a 50-day moving average price of $67.13 and a 200 day moving average price of $64.30. Suncor Energy has a 52-week low of $37.76 and a 52-week high of $72.06.

Suncor Energy (NYSE:SU) (TSE:SU) last announced its quarterly earnings data on Tuesday, August 4th. The oil and gas producer reported $2.33 earnings per share for the quarter, beating the consensus estimate of $2.14 by $0.19. The business had revenue of $13.41 billion during the quarter, compared to analyst estimates of $11.68 billion. Suncor Energy had a return on equity of 20.05% and a net margin of 15.62%.During the same quarter in the prior year, the firm posted $0.71 earnings per share. On average, sell-side analysts anticipate that Suncor Energy will post 8.12 earnings per share for the current fiscal year.

Suncor Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 4th were issued a dividend of C$0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Friday, September 4th. Suncor Energy’s payout ratio is presently 31.86%.

Hedge Funds Weigh In On Suncor Energy

Institutional investors have recently added to or reduced their stakes in the company. Venture Visionary Partners LLC raised its holdings in shares of Suncor Energy by 50.8% in the third quarter. Venture Visionary Partners LLC now owns 5,661 shares of the oil and gas producer’s stock valued at $384,000 after buying an additional 1,907 shares during the last quarter. Moody National Bank Trust Division grew its position in shares of Suncor Energy by 8.7% during the 3rd quarter. Moody National Bank Trust Division now owns 5,806 shares of the oil and gas producer’s stock worth $394,000 after buying an additional 466 shares during the period. Rosenberg Matthew Hamilton lifted its holdings in Suncor Energy by 23.3% in the third quarter. Rosenberg Matthew Hamilton now owns 1,412 shares of the oil and gas producer’s stock valued at $96,000 after buying an additional 267 shares during the period. Versant Capital Management Inc lifted its holdings in Suncor Energy by 121.7% in the third quarter. Versant Capital Management Inc now owns 1,093 shares of the oil and gas producer’s stock valued at $74,000 after buying an additional 600 shares during the period. Finally, QRG Capital Management Inc. boosted its stake in Suncor Energy by 17.1% in the second quarter. QRG Capital Management Inc. now owns 8,470 shares of the oil and gas producer’s stock valued at $455,000 after acquiring an additional 1,235 shares during the last quarter. 67.37% of the stock is owned by institutional investors.

More Suncor Energy News

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

• Positive Sentiment: Zacks upgraded Suncor to “Strong Buy.” The upgrade reflects favorable momentum and expectations that the company’s earnings profile, valuation and estimate trends could support continued long-term performance. Why Suncor Energy Is a Top Momentum Stock for the Long-Term
• Positive Sentiment: Zacks also characterized SU as a potentially undervalued, high-momentum stock, highlighting the company’s earnings estimates, revisions and value characteristics. This reinforces the bullish analyst view, though it is not a new operating or financial announcement. Are Investors Undervaluing Suncor Energy?
• Neutral Sentiment: The U.S. Supreme Court heard arguments involving Suncor and ExxonMobil in Boulder’s climate-damages lawsuit. The justices appeared to send mixed signals on whether state tort claims can proceed. A ruling is expected by June 2027, leaving the immediate financial impact uncertain. Court Sends Mixed Signals on Climate Liability Lawsuits
• Positive Sentiment: The Trump administration backed Canada and Suncor before the Supreme Court, supporting arguments that the climate case should face federal—not state—jurisdiction. A favorable jurisdictional outcome could reduce the company’s exposure to Boulder’s claim and potentially dozens of similar lawsuits. Trump Administration Backs Canada’s Suncor
• Negative Sentiment: Energy companies warned that allowing the lawsuit to proceed could open the door to mass liability across nearly 60 climate-related cases. If state-level claims survive, Suncor could face higher legal costs, settlement risk and potentially material long-term liabilities. Energy Companies Warn of Mass Liability

Suncor Energy Company Profile

Suncor Energy Inc is an integrated energy company headquartered in Calgary, Alberta. Its operations span the development and production of crude oil from Canada’s oil sands, offshore petroleum production, refining, and the marketing and distribution of petroleum products.

The company produces synthetic crude oil, bitumen and conventional crude oil, which are processed through its refining operations into fuels and other refined products. Suncor markets fuel and convenience products through the Petro-Canada retail network and supplies commercial, wholesale and industrial customers.