Teck Resources (TECK) News Today

Toronto Dominion Bank cut its holdings in shares of Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) by 84.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 282,250 shares of the basic mater

Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) - Equities researchers at National Bank Financial lifted their FY2025 EPS estimates for Teck Resources in a research report issued on Wednesday, July 24th. National Bank Financial analyst S. Nagle now forecasts that the basic materials c

Teck Resources (NYSE:TECK - Get Free Report) (TSE:TECK) announced its quarterly earnings data on Wednesday. The basic materials company reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.32. Teck Resources had a net margin of 10.59% and a return on equity of 7.52%. The firm had revenue of $3.87 billion during the quarter, compared to analyst estimates of $2.67 billion. During the same quarter in the prior year, the firm posted $0.91 earnings per share. Teck Resources's quarterly revenue was up 10.1% on a year-over-year basis.

Benchmark reiterated a "buy" rating and issued a $55.00 price objective on shares of Teck Resources in a research note on Thursday.

JPMorgan Chase & Co. cut their price target on shares of Teck Resources from $56.00 to $54.00 and set an "overweight" rating for the company in a research note on Thursday.

Vanguard Group Inc. lifted its stake in Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) by 1.8% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,721,130 shares of the basic materials company's stock after acquiring an a

Clearbridge Investments LLC increased its holdings in Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) by 67.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,037,461 shares of the basic

Intech Investment Management LLC purchased a new position in Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,703 shares of t

Banco Santander S.A. bought a new position in shares of Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 13,494 shares of the basic materials company'

M&G Plc acquired a new stake in Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 576,172 shares of the basic materials company's stock, valued at approxima

TD Securities upgraded shares of Teck Resources to a "strong-buy" rating in a report on Tuesday.

High Ground Investment Management LLP reduced its holdings in shares of Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) by 53.4% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 119,443 shares of the bas

Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) - Analysts at National Bank Financial reduced their FY2024 earnings per share (EPS) estimates for shares of Teck Resources in a research report issued to clients and investors on Sunday, July 14th. National Bank Financial analyst S. Nagl

SG Americas Securities LLC bought a new stake in shares of Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 35,853 shares of the basic materials c

Teck Resources (NYSE:TECK) (TSE:TECK) will be releasing earnings before the market opens on Wednesday, July 24, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=590241)

Susquehanna Fundamental Investments LLC purchased a new position in Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 10,600 shares of the basic materials company's stock

Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) - Equities researchers at National Bank Financial lowered their Q2 2024 EPS estimates for shares of Teck Resources in a report issued on Sunday, July 14th. National Bank Financial analyst S. Nagle now expects that the basic materials com

BMO Capital Markets initiated coverage on shares of Teck Resources in a research note on Monday. They set an "outperform" rating on the stock.

Swiss National Bank decreased its holdings in shares of Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) by 7.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,391,879 shares of the basic mat

Shares of Teck Resources Limited (NYSE:TECK - Get Free Report) (TSE:TECK) have been assigned an average rating of "Moderate Buy" from the nine research firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and seven have given

Quantbot Technologies LP grew its position in Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) by 180.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,243 shares of the basic materials com

Eight Capital lowered Teck Resources from a "strong-buy" rating to a "hold" rating in a research report on Thursday.

CIBC increased their price objective on shares of Teck Resources from $70.00 to $80.00 and gave the stock an "outperformer" rating in a research report on Friday.

Teck Resources (NYSE:TECK) Shares Gap Up After Dividend Announcement

Blue Square Asset Management LLC lessened its stake in shares of Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) by 83.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,570 shares of the basic materia

Teck Resources Limited (NYSE:TECK) (TSE:TECK) declared a quarterly dividend on Thursday, July 11th. Stockholders of record on Friday, September 13th will be given a dividend of 0.625 per share by the basic materials company on Friday, September 27th. This represents a $2.50 dividend on an annualized basis and a dividend yield of 5.05%. This is a boost from Teck Resources's previous quarterly dividend of $0.09.

Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) - Equities research analysts at B. Riley increased their Q2 2024 earnings per share estimates for shares of Teck Resources in a research report issued to clients and investors on Tuesday, July 9th. B. Riley analyst L. Pipes now forecasts

Teck Resources Limited (NYSE:TECK - Get Free Report) (TSE:TECK) saw some unusual options trading activity on Wednesday. Stock traders acquired 8,664 put options on the stock. This represents an increase of approximately 52% compared to the average daily volume of 5,714 put options.

Sumitomo Mitsui Trust Holdings Inc. reduced its position in shares of Teck Resources Limited (NYSE:TECK - Free Report) (TSE:TECK) by 11.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned