The average one-year price target for Teck Resources (TSX:TECK.B) has been revised to $99.40 / share. This is a decrease of 11.29% from the prior estimate of $112.05 dated April 1, 2025.

The price target is an average of many targets provided by analysts. The latest targets range from a low of $78.29 to a high of $133.73 / share. The average price target represents an increase of 105.50% from the latest reported closing price of $48.37 / share.

Teck Resources Maintains 1.07% Dividend Yield

At the most recent price, the company’s dividend yield is 1.07%.

Additionally, the company’s dividend payout ratio is 0.61. The payout ratio tells us how much of a company’s income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company’s income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.

The company has not increased its dividend in the last three years.

What is the Fund Sentiment?

There are 836 funds or institutions reporting positions in Teck Resources. This is an decrease of 21 owner(s) or 2.45% in the last quarter. Average portfolio weight of all funds dedicated to TECK.B is 0.44%, an increase of 7.72%. Total shares owned by institutions increased in the last three months by 2.79% to 402,632K shares.

What are Other Shareholders Doing?

Royal Bank Of Canada holds 18,173K shares representing 3.67% ownership of the company. In its prior filing, the firm reported owning 19,045K shares , representing a decrease of 4.80%. The firm decreased its portfolio allocation in TECK.B by 90.10% over the last quarter.

Amundi holds 14,949K shares representing 3.02% ownership of the company. In its prior filing, the firm reported owning 14,158K shares , representing an increase of 5.30%. The firm decreased its portfolio allocation in TECK.B by 15.06% over the last quarter.

FIL holds 13,745K shares representing 2.78% ownership of the company. In its prior filing, the firm reported owning 16,947K shares , representing a decrease of 23.30%. The firm decreased its portfolio allocation in TECK.B by 64.13% over the last quarter.

Norges Bank holds 11,610K shares representing 2.35% ownership of the company. In its prior filing, the firm reported owning 0K shares , representing an increase of 100.00%.

Davis Selected Advisers holds 11,299K shares representing 2.28% ownership of the company. In its prior filing, the firm reported owning 11,391K shares , representing a decrease of 0.82%. The firm decreased its portfolio allocation in TECK.B by 20.26% over the last quarter.