Suncor Energy (NYSE:SU) Shares Acquired Rep. Bruce Westerman

Representative Bruce Westerman (R-Arkansas) recently bought shares of Suncor Energy Inc. NYSE: SU. In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in Suncor Energy stock on March 3rd. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne OTCMKTS: LVMUY on 4/2/2025.
• Purchased $1,001 - $15,000 in shares of Sony Group NYSE: SONY on 3/24/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi UFJ Financial Group NYSE: MUFG on 3/21/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 3/21/2025.
• Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Medtronic NYSE: MDT on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/20/2025.

Suncor Energy Stock Performance

Shares of SU stock traded down $0.47 during mid-day trading on Wednesday, reaching $34.95. The stock had a trading volume of 1,333,221 shares, compared to its average volume of 4,461,075. The company has a current ratio of 1.33, a quick ratio of 0.86 and a debt-to-equity ratio of 0.21. Suncor Energy Inc. has a 1-year low of $30.79 and a 1-year high of $41.95. The firm has a market cap of $43.24 billion, a price-to-earnings ratio of 10.13, a PEG ratio of 2.94 and a beta of 0.79. The business's fifty day moving average is $36.48 and its 200-day moving average is $37.78.

Suncor Energy (NYSE:SU - Get Free Report) TSE: SU last released its quarterly earnings results on Wednesday, February 5th. The oil and gas producer reported $0.89 EPS for the quarter, beating the consensus estimate of $0.82 by $0.07. Suncor Energy had a net margin of 11.80% and a return on equity of 15.37%. On average, research analysts forecast that Suncor Energy Inc. will post 3.42 earnings per share for the current year.

Suncor Energy Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 25th. Shareholders of record on Tuesday, March 4th were paid a dividend of $0.399 per share. The ex-dividend date of this dividend was Tuesday, March 4th. This represents a $1.60 annualized dividend and a yield of 4.57%. Suncor Energy's payout ratio is presently 45.51%.

Hedge Funds Weigh In On Suncor Energy

Institutional investors have recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC increased its position in Suncor Energy by 32.3% during the 3rd quarter. Sanctuary Advisors LLC now owns 82,204 shares of the oil and gas producer's stock worth $3,035,000 after purchasing an additional 20,081 shares during the period. Jones Financial Companies Lllp raised its position in Suncor Energy by 86.0% in the fourth quarter. Jones Financial Companies Lllp now owns 67,848 shares of the oil and gas producer's stock worth $2,421,000 after acquiring an additional 31,366 shares in the last quarter. Sage Investment Counsel LLC acquired a new stake in Suncor Energy in the fourth quarter valued at $300,000. J.W. Cole Advisors Inc. purchased a new stake in shares of Suncor Energy during the 4th quarter worth $236,000. Finally, Bank of New York Mellon Corp grew its stake in shares of Suncor Energy by 104.2% during the 4th quarter. Bank of New York Mellon Corp now owns 3,083,440 shares of the oil and gas producer's stock worth $110,017,000 after purchasing an additional 1,573,726 shares during the period. Institutional investors and hedge funds own 67.37% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Cibc World Mkts upgraded shares of Suncor Energy from a "hold" rating to a "strong-buy" rating in a report on Tuesday, February 11th. Tudor, Pickering, Holt & Co. raised Suncor Energy from a "hold" rating to a "buy" rating in a research report on Monday, February 10th. Royal Bank of Canada reissued an "outperform" rating and issued a $66.00 target price on shares of Suncor Energy in a report on Tuesday, January 7th. Bank of America began coverage on Suncor Energy in a research note on Wednesday, February 26th. They set a "neutral" rating for the company. Finally, Tudor Pickering upgraded shares of Suncor Energy from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 10th. Five analysts have rated the stock with a hold rating, seven have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $59.20.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

Suncor Energy Company Profile

Suncor Energy Inc operates as an integrated energy company in Canada, the United States, and internationally. It operates through Oil Sands; Exploration and Production; and Refining and Marketing segments. The Oil Sands segment explores, develops, and produces bitumen, synthetic crude oil, and related products.