BlackRock acquired a 5.20% stake in Suncor Energy Inc. with 61.8 million shares at $37.45 per share, totaling 63.6 million shares. Suncor is an integrated energy company with oil sands development, offshore oil production, and petroleum refining operations. It has a market capitalization of $49.3 billion and a modestly overvalued GF Value of $33.76. The company has demonstrated a 10.88% year-to-date price change and a 6.7% gain since BlackRock's transaction. Suncor's price-to-earnings ratio is 11.53, and its GF Score is 89/100, indicating good outperformance potential.
Suncor Energy Inc. (NYSE: SU) has seen a significant development in its shareholder base with BlackRock acquiring a 5.20% stake in the integrated energy company. The investment, completed on July 2, 2025, involved the purchase of 61.8 million shares at $37.45 per share, totaling 63.6 million shares. This acquisition follows BlackRock's strategy to diversify its investment portfolio within the energy sector.
Suncor Energy operates in various segments, including oil sands development, offshore oil production, and petroleum refining. With a market capitalization of $49.3 billion and a GF Value of $33.76, the company has shown a year-to-date price change of 10.88% and a 6.7% gain since BlackRock's transaction. The company's price-to-earnings ratio stands at 11.53, indicating a modest valuation, and its GF Score of 89/100 suggests good outperformance potential.
Investors are eagerly awaiting Suncor Energy's Q2 2025 earnings report, scheduled for August 5, 2025. Analysts expect earnings of $0.58 per share and revenue of $11.56 billion for the quarter. The company has recently increased its quarterly dividend to $0.4133 per share, reflecting a 4.14% yield and a payout ratio of 47.84% [1].
Wall Street Zen has adjusted Suncor Energy's stock rating from a "buy" to a "hold," with an average price target of $66.00. The company's stock has been actively traded, with a market capitalization of $48.84 billion and a P/E ratio of 11.51. Suncor Energy's debt-to-equity ratio is 0.21, indicating a relatively low debt level, and its quick ratio of 0.84 and current ratio of 1.39 suggest robust liquidity [1].
Suncor Energy's stock has seen institutional investor interest, with a hedge fund recently increasing its stake by 172.5% during the first quarter. Institutional investors and hedge funds own 67.37% of the company's stock [1].
In summary, Suncor Energy's acquisition by BlackRock and the upcoming earnings report are key events to watch for investors. The company's financial health, as indicated by its valuation metrics and dividend payout, provides a balanced view for potential investment decisions.
References:
[1] https://www.marketbeat.com/instant-alerts/suncor-energy-su-to-release-quarterly-earnings-on-tuesday-2025-07-29/
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