Montrusco Bolton Investments 13F: Cuts SU Stake by $6.5M

Montrusco Bolton Investments has reduced its position in Suncor Energy Inc. (NYSE:SU) by 32.6%, according to its latest filing with the SEC. The firm sold 94,928 shares, bringing its total holdings to 196,042 shares valued at approximately $13.3 million. This move reflects holdings as of the reporting period and may not represent the investor's current position.

What Changed in Montrusco Bolton's Suncor Energy Position

Montrusco Bolton Investments cut its stake in Suncor Energy by 32.6%, reducing its holdings from 290,970 shares to 196,042 shares. This reduction involved selling 94,928 shares, resulting in a reported value of about $13.3 million.

Suncor Energy Inc. Stock Up 2.6%

Shares of Suncor Energy are currently trading with a market cap of approximately $79.39 billion. The company has a P/E ratio of 12.57 and a forward P/E of 11.81, indicating its valuation based on expected future earnings. Suncor's stock has a beta of 0.556, suggesting it's less volatile than the market. Over the past year, the stock has traded between $37.77 and $72.06. It has a 50-day moving average of $65.82 and a 200-day moving average of $59.30. The company maintains a current ratio of 1.65 and a quick ratio of 1.08, with a debt-to-equity ratio of 30.48.

Recent Earnings

Suncor Energy reported revenue of $56.57 billion, reflecting a growth of 45.9%. The company achieved a net margin of 15.78% and a return on equity of 19.25%. Its earnings per share (EPS) stood at $5.35. Investors can look forward to the next earnings report scheduled for November 3, 2026.

Dividend

Suncor Energy offers a dividend yield of 2.58%, with an annual dividend rate of $1.73. The dividend payout ratio is 31.64%, indicating the portion of earnings distributed to shareholders as dividends.

About Suncor Energy

Suncor Energy Inc. is a major energy company based in Calgary, Alberta. It operates through several segments, including Oil Sands, Exploration and Production, and Refining and Marketing. The company is involved in the production and marketing of bitumen, crude oil, and other energy products. Suncor also has offshore operations on the east coast of Canada and onshore assets in Libya and Syria. Under the leadership of CEO David J. Oldreive, Suncor employs around 15,424 people.

Bottom Line

Montrusco Bolton's decision to reduce its holdings in Suncor Energy by over 32% is part of its recent portfolio adjustments. Investors often track such filings to gauge the confidence of institutional investors in a company's future prospects. It's important to remember that 13F filings are backward-looking and may not reflect the current position of the investor.