South Bow Co. (NYSE:SOBO – Free Report) – Equities research analysts at US Capital Advisors raised their Q1 2025 earnings estimates for South Bow in a research report issued on Monday, February 3rd. US Capital Advisors analyst J. Carreker now forecasts that the company will post earnings of $0.43 per share for the quarter, up from their prior estimate of $0.42. US Capital Advisors currently has a “Strong-Buy” rating on the stock. The consensus estimate for South Bow’s current full-year earnings is $1.69 per share. US Capital Advisors also issued estimates for South Bow’s Q2 2025 earnings at $0.44 EPS, Q3 2025 earnings at $0.45 EPS, Q4 2025 earnings at $0.45 EPS, FY2025 earnings at $1.78 EPS and FY2026 earnings at $1.99 EPS.
Several other equities research analysts have also issued reports on the company. Scotiabank raised South Bow to a “hold” rating in a research report on Friday, December 27th. Cibc World Mkts upgraded South Bow to a “hold” rating in a research report on Friday, October 11th. TD Securities started coverage on shares of South Bow in a research report on Wednesday, January 15th. They issued a “hold” rating for the company. Wells Fargo & Company cut South Bow from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 18th. Finally, Morgan Stanley began coverage on shares of South Bow in a report on Friday, October 25th. They issued an “underweight” rating on the stock. Two analysts have rated the stock with a sell rating, four have issued a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $25.00.
South Bow Trading Up 1.5 %
Shares of SOBO stock opened at $25.17 on Wednesday. The stock’s 50-day moving average is $24.09. South Bow has a one year low of $21.12 and a one year high of $27.30.
Institutional Trading of South Bow
A number of institutional investors and hedge funds have recently modified their holdings of SOBO. Cibc World Market Inc. acquired a new position in shares of South Bow during the fourth quarter worth approximately $47,533,000. Jennison Associates LLC bought a new position in South Bow during the 4th quarter valued at about $15,967,000. Miller Howard Investments Inc. NY acquired a new position in shares of South Bow in the 4th quarter worth approximately $10,260,000. CIBC Asset Management Inc acquired a new position in South Bow in the fourth quarter worth $7,453,000. Finally, CUSHING ASSET MANAGEMENT LP dba NXG INVESTMENT MANAGEMENT acquired a new position in South Bow during the 4th quarter worth about $6,787,000.
About South Bow
South Bow Corp is a strategic liquids pipeline company. It is a new liquids-focused midstream infrastructure company. South Bow Corp is based in Canada.
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