Enbridge Inc $ENB Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. lifted its stake in shares of Enbridge Inc (NYSE:ENB) (TSE:ENB) by 3.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,296,273 shares of the pipeline company’s stock after buying an additional 153,346 shares during the quarter. Envestnet Asset Management Inc. owned about 0.20% of Enbridge worth $216,797,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Tsfg LLC grew its holdings in shares of Enbridge by 329.6% during the third quarter. Tsfg LLC now owns 494 shares of the pipeline company’s stock worth $25,000 after purchasing an additional 379 shares during the last quarter. Whipplewood Advisors LLC boosted its position 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 purchasing an additional 308 shares during the period. Highline Wealth Partners LLC grew its stake in Enbridge by 73.1% during the 3rd quarter. Highline Wealth Partners LLC now owns 559 shares of the pipeline company’s stock worth $28,000 after buying an additional 236 shares during the last quarter. Financial Gravity Companies Inc. purchased a new position in Enbridge during the 2nd quarter worth approximately $29,000. Finally, True Wealth Design LLC increased its position in Enbridge by 588.2% during the third quarter. True Wealth Design LLC now owns 585 shares of the pipeline company’s stock worth $30,000 after buying an additional 500 shares during the period. 54.60% of the stock is owned by hedge funds and other institutional investors.

Enbridge Trading Up 0.6%

Shares of Enbridge stock opened at $50.45 on Friday. The firm has a market cap of $110.06 billion, a price-to-earnings ratio of 27.72 and a beta of 0.69. Enbridge Inc has a 52-week low of $39.73 and a 52-week high of $50.61. The company’s 50-day simple moving average is $47.57 and its 200-day simple moving average is $47.68. The company has a quick ratio of 0.68, a current ratio of 0.80 and a debt-to-equity ratio of 1.64.

Enbridge (NYSE:ENB) (TSE:ENB) last announced its quarterly earnings data on Friday, November 7th. The pipeline company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.06). The business had revenue of $7 billion during the quarter, compared to analysts’ expectations of $8.45 billion. Enbridge had a net margin of 9.20% and a return on equity of 10.51%. During the same period in the prior year, the firm posted $0.55 EPS. As a group, equities research analysts anticipate that Enbridge Inc will post 2.14 earnings per share for the current year.

Enbridge Increases Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on ENB shares. National Bankshares restated a “sector perform” rating on shares of Enbridge in a research report on Monday, November 10th. Scotiabank upgraded shares of Enbridge from a “sector perform” rating to a “sector outperform” rating in a research note on Friday, January 16th. Royal Bank Of Canada lifted their price objective on shares of Enbridge from $67.00 to $72.00 and gave the company an “outperform” rating in a research note on Monday, November 10th. CIBC downgraded shares of Enbridge from an “outperform” rating to a “neutral” rating in a research note on Thursday, October 9th. Finally, BMO Capital Markets restated a “market perform” rating on shares of Enbridge in a research report on Monday, November 10th. Five investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $63.00.

More Enbridge News

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Federal energy regulator recommended approval of an Enbridge pipeline expansion — a regulatory green light that could support future throughput and cash flow. Federal energy regulator recommends approval of Enbridge pipeline expansion
• Positive Sentiment: Investment commentary highlights ENB’s attractive ~6% dividend yield and reiterates 2026 guidance (Adjusted EBITDA and DCF/share ranges plus a planned dividend raise), supporting income-focused demand. Enbridge: The 6% Dividend Yield Is Still Very Attractive
• Positive Sentiment: Analyst tweak: US Capital Advisors slightly raised its Q4 2026 EPS estimate (to $0.59), a modest vote of confidence on near-term quarters even as other small adjustments were made.
• Neutral Sentiment: The stock has recently outperformed the market in short-term trading, which may reflect the mix of news flow rather than a single catalyst. Enbridge (ENB) Advances While Market Declines
• Neutral Sentiment: The U.S. Justice Department has weighed in on Line 5 litigation — DOJ involvement raises the stakes but the direction/impact is uncertain until filings are clear. U.S. Justice Department weighs in on Enbridge Line 5 litigation
• Negative Sentiment: Unusually large put-option buying: ~20,216 puts were traded (a >1,000% spike vs. normal volume), signaling substantial bearish bets that could pressure shares if followed by further hedging or selling. Stock Traders Buy Large Volume of Put Options on Enbridge (NYSE:ENB)
• Negative Sentiment: Legal challenges persist: a Traverse City nonprofit filed a reply brief in the Line 5 tunnel permit case before the Michigan Supreme Court, keeping litigation risk and potential project delays on the table. Traverse City Nonprofit Files Reply Brief in Line 5 tunnel permit case before the Michigan Supreme Court
• Negative Sentiment: Analyst trims: US Capital Advisors nudged its FY2026 EPS view slightly lower (to $2.14 from $2.15) and trimmed a Q2 estimate — small downward revisions that modestly reduce near-term earnings expectations.

Enbridge Company Profile

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.