The Manufacturers Life Insurance Company Buys 452,308 Shares of TC Energy Corporation $TRP

The Manufacturers Life Insurance Company increased its stake in TC Energy Corporation by 9%, purchasing 452,308 shares to bring its total holding to 5.49 million shares, valued at approximately $363 million. TC Energy exceeded quarterly earnings expectations with an EPS of $0.68 and revenue of $2.80 billion, and declared a quarterly dividend of $0.8775 per share, representing a 5.7% yield. Analysts maintain a "Moderate Buy" consensus rating with an average price target of $89.