If you are using IS, I don’t understand why you are shooting at 1/1200.
I shoot 2 combos, a K5 with sigma 70-200/2.8 and 2X TC or K1 MKII with DA560
While I admit the K1 and da560 is way beyond what you have invested in your kit and it delivers much sharper images with similar frame composition, I never shoot at such a high shutter speed and shoot 100% hand held with no monopod or other support.
I shoot typically between 1/640 and 1/800
Same with the K5 and sigma lens+Tc combo, and get sharper results. I would take the shutter speed down, and reduce the iso a little. If you can get better support than free standing, you can go way down in shutter speed, you have a stabilized image system, use it. Don’t worry about subject motion, herons are pretty slow moving, except when they strike, and then you still won’t freeze it with your shutter speed.
Not to boast in my own capabilities but see what you can achieve
just how good is the K7 shake reduction? - PentaxForums.com
The photo in that shot is a 100% crop out of a K7 photo, using a SMC 300/4 and 1.7x af adaptor.
Your camera out performs the K7 in resolution, ISO and shake reduction performance, and I would bet the DA300/4 and Pentax 1.4x TC by and far out perform the 45 year old K300/4 plus 1.7x adaptor.
Work on the technique, as others have suggested, you should get better shots with your combo.
Edit note.
In re reading the posts, you are stabilized on a railing, does that mean the lens directly or your arm. Railings can transmit high frequency vibrations. You are better if you can dampen this out with your body
You should also check out the 300mm plus lens club. There are a lot of posters with your combo
Second edit note
See the attached shot from my K5 with the sigma 70-200/2.8 and 2X TC. Note that the IS is not optimum because the sigma TC does not correct for focal length so the camera things a 200mm lens is connected.
Similarly aperture was set to F4.5 but effective aperture is F9.0 as a gain the TC simply feeds though the data.
This is a heavy crop, at approximately 640x480 out of the K5 image. It shows that yes you can crop heavily