Teck Resources (NYSE:TECK) Sets New 12-Month High – Still a Buy?

05 Jan 2026, 12:02 by Renee Jackson · The Cerbat Gem

Shares of Teck Resources Ltd (NYSE:TECK – Get Free Report) (TSE:TECK) hit a new 52-week high on Monday . The stock traded as high as $49.49 and last traded at $49.2350, with a volume of 478245 shares traded. The stock had previously closed at $48.03.

Analysts Set New Price Targets

TECK has been the topic of several recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $46.00 price objective on shares of Teck Resources in a report on Wednesday, November 26th. Benchmark restated a “buy” rating on shares of Teck Resources in a research note on Thursday, October 23rd. Scotiabank reaffirmed a “sector perform” rating on shares of Teck Resources in a research note on Tuesday, November 25th. Weiss Ratings upgraded Teck Resources from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, October 24th. Finally, Raymond James Financial restated an “outperform” rating on shares of Teck Resources in a report on Friday, October 10th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Teck Resources currently has an average rating of “Hold” and a consensus price target of $55.71.

Read Our Latest Stock Analysis on TECK

Teck Resources Stock Performance

The firm has a market capitalization of $23.81 billion, a price-to-earnings ratio of 27.85, a PEG ratio of 0.59 and a beta of 0.79. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.78 and a quick ratio of 2.08. The firm has a 50 day moving average price of $43.55 and a 200-day moving average price of $39.94.

Teck Resources (NYSE:TECK – Get Free Report) (TSE:TECK) last issued its quarterly earnings results on Wednesday, October 22nd. The basic materials company reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.16. The company had revenue of $2.43 billion for the quarter, compared to the consensus estimate of $2.93 billion. Teck Resources had a return on equity of 4.14% and a net margin of 11.93%.Teck Resources’s revenue was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.60 EPS. As a group, sell-side analysts expect that Teck Resources Ltd will post 1.53 earnings per share for the current fiscal year.

Teck Resources Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were issued a dividend of $0.125 per share. This is a boost from Teck Resources’s previous quarterly dividend of $0.09. The ex-dividend date was Monday, December 15th. This represents a $0.50 annualized dividend and a yield of 1.0%. Teck Resources’s dividend payout ratio (DPR) is presently 20.22%.

Institutional Investors Weigh In On Teck Resources

Institutional investors have recently modified their holdings of the company. AQR Capital Management LLC raised its stake in Teck Resources by 11.1% in the first quarter. AQR Capital Management LLC now owns 34,705 shares of the basic materials company’s stock valued at $1,264,000 after buying an additional 3,458 shares in the last quarter. Temasek Holdings Private Ltd raised its position in shares of Teck Resources by 125.8% during the 1st quarter. Temasek Holdings Private Ltd now owns 2,479,555 shares of the basic materials company’s stock worth $90,330,000 after acquiring an additional 1,381,355 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Teck Resources during the 1st quarter worth about $2,825,000. Jones Financial Companies Lllp lifted its stake in Teck Resources by 453.0% during the first quarter. Jones Financial Companies Lllp now owns 9,721 shares of the basic materials company’s stock worth $354,000 after purchasing an additional 7,963 shares during the last quarter. Finally, Sciencast Management LP acquired a new position in Teck Resources in the first quarter valued at approximately $2,587,000. 78.06% of the stock is owned by hedge funds and other institutional investors.

About Teck Resources

(Get Free Report)

Teck Resources Ltd. is a diversified natural resource company headquartered in Canada that explores for, develops and produces a portfolio of metallic and energy commodities. Its core businesses center on copper, steelmaking (metallurgical) coal and zinc, with related smelting and refining activities. Teck supplies raw materials and intermediate products to global steelmakers, metals markets and industrial customers, and operates integrated mining and processing facilities as well as earlier-stage exploration and development projects.