Suncor Energy (NYSE:SU) Stock Purchased 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 Price Performance

Shares of SU stock traded up $0.67 on Friday, reaching $34.48. The company had a trading volume of 3,015,187 shares, compared to its average volume of 4,473,333. The stock has a market capitalization of $42.66 billion, a PE ratio of 10.00, a price-to-earnings-growth ratio of 2.94 and a beta of 0.79. The company has a quick ratio of 0.86, a current ratio of 1.33 and a debt-to-equity ratio of 0.21. The business's 50-day moving average is $36.67 and its 200 day moving average is $37.85. Suncor Energy Inc. has a one year low of $30.79 and a one year high of $41.95.

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

Suncor Energy Cuts Dividend

The firm also recently announced 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. This represents a $1.60 annualized dividend and a yield of 4.63%. The ex-dividend date of this dividend was Tuesday, March 4th. Suncor Energy's payout ratio is 45.51%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Stifel Financial Corp raised its stake in Suncor Energy by 0.9% during the 3rd quarter. Stifel Financial Corp now owns 95,243 shares of the oil and gas producer's stock worth $3,516,000 after buying an additional 894 shares during the period. M&T Bank Corp raised its position in Suncor Energy by 6.2% in the third quarter. M&T Bank Corp now owns 14,496 shares of the oil and gas producer's stock worth $535,000 after acquiring an additional 842 shares during the period. Coldstream Capital Management Inc. raised its holdings in shares of Suncor Energy by 5.0% in the 3rd quarter. Coldstream Capital Management Inc. now owns 7,486 shares of the oil and gas producer's stock worth $276,000 after purchasing an additional 354 shares during the period. Sanctuary Advisors LLC lifted its stake in Suncor Energy by 32.3% in the third quarter. Sanctuary Advisors LLC now owns 82,204 shares of the oil and gas producer's stock valued at $3,035,000 after purchasing an additional 20,081 shares during the last quarter. Finally, World Investment Advisors LLC grew its holdings in Suncor Energy by 5.9% during the third quarter. World Investment Advisors LLC now owns 15,641 shares of the oil and gas producer's stock valued at $577,000 after purchasing an additional 865 shares during the period. 67.37% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on SU. Royal Bank of Canada restated an "outperform" rating and set a $66.00 price target on shares of Suncor Energy in a report on Tuesday, January 7th. Tudor, Pickering, Holt & Co. raised shares of Suncor Energy from a "hold" rating to a "buy" rating in a report on Monday, February 10th. Cibc World Mkts raised shares of Suncor Energy from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, February 11th. Bank of America started coverage on shares of Suncor Energy in a research note on Wednesday, February 26th. They issued a "neutral" rating on the stock. Finally, Scotiabank raised Suncor Energy to a "hold" rating in a report on Wednesday, March 19th. Five equities research analysts have rated the stock with a hold rating, seven have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, Suncor Energy presently has a consensus rating of "Moderate Buy" and an average target price 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.

About Suncor Energy

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.