
TD Asset Management Inc. reduced its stake in TC Energy Corporation (NYSE:TRP) by 25.6% in the second quarter, selling 5.55 million shares but retaining 16.13 million shares valued at approximately $1.07 billion. TC Energy reported strong quarterly earnings with an EPS of $0.68, beating estimates, and declared a quarterly dividend of $0.8775, representing a 5.5% annualized yield. Analysts have a "Moderate Buy" consensus rating for the stock with an average price target of $89.00.
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