Allianz Asset Management GmbH Sells 77,545 Shares of Enbridge Inc $ENB

Allianz Asset Management GmbH reduced its position in shares of Enbridge Inc (NYSE:ENBFree Report) (TSE:ENB) by 6.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,179,792 shares of the pipeline company’s stock after selling 77,545 shares during the period. Allianz Asset Management GmbH’s holdings in Enbridge were worth $59,532,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Tsfg LLC boosted its position in Enbridge by 329.6% during the third quarter. Tsfg LLC now owns 494 shares of the pipeline company’s stock valued at $25,000 after buying an additional 379 shares during the period. Whipplewood Advisors LLC lifted its stake in shares of Enbridge by 112.4% in the 2nd quarter. Whipplewood Advisors LLC now owns 582 shares of the pipeline company’s stock valued at $26,000 after acquiring an additional 308 shares during the last quarter. Highline Wealth Partners LLC boosted its holdings in Enbridge by 73.1% during the 3rd quarter. Highline Wealth Partners LLC now owns 559 shares of the pipeline company’s stock valued at $28,000 after acquiring an additional 236 shares during the period. Financial Gravity Companies Inc. bought a new position in Enbridge during the 2nd quarter worth approximately $29,000. Finally, True Wealth Design LLC increased its stake in Enbridge by 588.2% in the 3rd quarter. True Wealth Design LLC now owns 585 shares of the pipeline company’s stock worth $30,000 after purchasing an additional 500 shares during the period. Hedge funds and other institutional investors own 54.60% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on ENB shares. Weiss Ratings lowered Enbridge from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 26th. CIBC lowered shares of Enbridge from an “outperform” rating to a “neutral” rating in a report on Thursday, October 9th. Zacks Research raised shares of Enbridge from a “strong sell” rating to a “hold” rating in a report on Monday, December 29th. BMO Capital Markets restated a “market perform” rating on shares of Enbridge in a research report on Monday, November 10th. Finally, Scotiabank upgraded shares of Enbridge from a “sector perform” rating to a “sector outperform” rating in a report on Friday, January 16th. Five research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $63.00.

Get Our Latest Stock Report on ENB

Trending Headlines about Enbridge

Here are the key news stories impacting Enbridge this week:

  • Positive Sentiment: Federal energy regulator recommends approval of an Enbridge pipeline expansion, which improves the outlook for future cash flow and capacity growth and reduces regulatory uncertainty around that project. Federal energy regulator recommends approval of Enbridge pipeline expansion
  • Positive Sentiment: The U.S. Justice Department filed to weigh in on Line 5 litigation — a federal-level filing that could bolster Enbridge’s legal arguments (for example, federal preemption/interest) and increase the probability of a favorable outcome for continued operations or quicker resolution. U.S. Justice Department weighs in on Enbridge Line 5 litigation
  • Positive Sentiment: Investor commentary is emphasizing Enbridge’s attractive yield and reiterated guidance (Adjusted EBITDA and DCF/share targets), reinforcing the income thesis and steady cash-flow expectations that support the dividend. This bull case is being highlighted in recent analyst/commentary pieces. Enbridge: The 6% Dividend Yield Is Still Very Attractive
  • Positive Sentiment: Market-note coverage observed ENB rising while the broader market declined, signaling relative strength and short-term buying interest. That intra-day strength is consistent with the regulatory and dividend-positive headlines. Enbridge (ENB) Advances While Market Declines
  • Neutral Sentiment: Analyst model update: US Capital Advisors trimmed FY2026 EPS slightly (from $2.15 to $2.14) — effectively a rounding change that leaves consensus intact and is unlikely to materially change the dividend/cash-flow story. MarketBeat ENB coverage (analyst note)
  • Negative Sentiment: Legal risk remains: a Traverse City nonprofit filed a reply brief in the Michigan Supreme Court regarding the Line 5 tunnel permit, keeping state-level challenges and timing risk alive — this could delay approvals or create operational/legal costs if unfavorable rulings persist. Traverse City Nonprofit Files Reply Brief in Line 5 tunnel permit case

Enbridge Stock Up 1.7%

Shares of Enbridge stock opened at $50.15 on Thursday. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.80 and a quick ratio of 0.68. The company has a 50-day moving average of $47.52 and a 200 day moving average of $47.66. The firm has a market cap of $109.41 billion, a price-to-earnings ratio of 27.55 and a beta of 0.69. Enbridge Inc has a 1 year low of $39.73 and a 1 year high of $50.54.

Enbridge (NYSE:ENBGet Free Report) (TSE:ENB) last posted its quarterly earnings data on Friday, November 7th. The pipeline company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.06). The business had revenue of $7 billion for the quarter, compared to the consensus estimate of $8.45 billion. Enbridge had a return on equity of 10.51% and a net margin of 9.20%.During the same period in the previous year, the firm earned $0.55 EPS. As a group, sell-side analysts anticipate that Enbridge Inc will post 2.14 earnings per share for the current fiscal year.

Enbridge Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Tuesday, February 17th will be given a dividend of $0.97 per share. This is a boost from Enbridge’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $3.88 dividend on an annualized basis and a yield of 7.7%. Enbridge’s dividend payout ratio is 147.80%.

About Enbridge

(Free Report)

Enbridge Inc is a Calgary, Alberta–based energy infrastructure company that develops, owns and operates a diversified portfolio of energy transportation, distribution and generation assets. Its core activities include the operation of crude oil and liquids pipelines, natural gas transmission and distribution systems, and energy storage facilities. In addition to midstream transportation and storage, Enbridge has expanded into renewable power generation and energy transition projects, including wind, solar and utility-scale generation assets.

The company serves customers primarily in Canada and the United States and has interests in other international energy projects.

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Institutional Ownership by Quarter for Enbridge (NYSE:ENB)

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