Assetmark Inc. increased its stake in Enbridge Inc (NYSE:ENB – Free Report) (TSE:ENB) by 31.9% in the third quarter, Holdings Channel.com reports. The institutional investor owned 658,436 shares of the pipeline company’s stock after purchasing an additional 159,164 shares during the quarter. Assetmark Inc.’s holdings in Enbridge were worth $33,225,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Atria Investments Inc increased its position in Enbridge by 5.8% in the third quarter. Atria Investments Inc now owns 108,729 shares of the pipeline company’s stock worth $5,486,000 after buying an additional 5,929 shares during the period. Varma Mutual Pension Insurance Co grew its position in Enbridge by 8.5% during the third quarter. Varma Mutual Pension Insurance Co now owns 443,861 shares of the pipeline company’s stock valued at $22,397,000 after purchasing an additional 34,900 shares in the last quarter. Savvy Advisors Inc. acquired a new stake in shares of Enbridge during the 3rd quarter valued at about $222,000. Caprock Group LLC acquired a new stake in shares of Enbridge in the third quarter worth about $2,270,000. Finally, Advisors Asset Management Inc. raised its holdings in Enbridge by 11.9% in the 3rd quarter. Advisors Asset Management Inc. now owns 214,920 shares of the pipeline company’s stock worth $10,845,000 after acquiring an additional 22,909 shares during the period. 54.60% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on ENB. Weiss Ratings raised Enbridge from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. BMO Capital Markets reiterated a “market perform” rating on shares of Enbridge in a report on Monday, November 10th. Zacks Research raised shares of Enbridge from a “strong sell” rating to a “hold” rating in a research report on Monday, December 29th. JPMorgan Chase & Co. downgraded shares of Enbridge from an “overweight” rating to a “neutral” rating in a research note on Tuesday, January 27th. Finally, National Bank Financial reissued a “sector perform” rating on shares of Enbridge in a report on Monday, November 10th. Six equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Enbridge has an average rating of “Moderate Buy” and a consensus target price of $63.00.
More Enbridge News
Here are the key news stories impacting Enbridge this week:
- Positive Sentiment: Record 2025 results and reaffirmed guidance — Enbridge posted record full‑year earnings of CAD $7.1B (≈$3.23/sh) for 2025 and reiterated its 2026 financial guidance, while growing secured backlog to $39B, supporting longer‑term cash‑flow visibility. Read More.
- Positive Sentiment: Quarterly beat — Q4 results topped estimates on both earnings and revenue, driven by stronger gas and liquids volumes from higher power and nat‑gas demand, which analysts point to as the main driver of the beat. Read More.
- Positive Sentiment: Market reaction to strong metrics — Detailed releases show EPS and revenue upside versus consensus (company materials and analyst writeups), which is encouraging for near‑term earnings expectations and supports the dividend/cash‑flow story. Read More.
- Positive Sentiment: Unusual bullish options activity — Large call buying (≈81,448 calls, ~3,399% above typical daily call volume) suggests speculative or hedged bullish positioning that can add short‑term buying pressure.
- Neutral Sentiment: Regulatory/filing housekeeping — Enbridge filed its 2025 Form 10‑K, audited financials and set a virtual shareholder meeting; standard disclosure that reduces information uncertainty. Read More.
- Neutral Sentiment: Analyst commentary mixed on longer‑term crude vs. gas dynamics — Some coverage highlights higher dividend potential and Q4 tailwinds from nat‑gas but mixed sentiment remains around crude volume headwinds. Read More.
- Negative Sentiment: Potential competitive headwind from rising crude imports — Reports note increased Venezuelan oil headed to the U.S. Gulf Coast could pressure some crude flows and midstream volumes; management says it’s unfazed, but rising imports are a risk to watch for pipeline throughput. Read More.
Enbridge Stock Performance
Shares of ENB opened at $53.86 on Friday. Enbridge Inc has a 1 year low of $39.73 and a 1 year high of $54.20. The firm has a market cap of $117.52 billion, a PE ratio of 29.60 and a beta of 0.69. 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 stock’s fifty day moving average price is $47.96 and its two-hundred day moving average price is $47.95.
Enbridge Increases Dividend
The company also recently declared 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. The ex-dividend date is Tuesday, February 17th. This represents a $3.88 dividend on an annualized basis and a yield of 7.2%. This is an increase from Enbridge’s previous quarterly dividend of $0.94. Enbridge’s dividend payout ratio (DPR) is currently 152.75%.
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.
See Also
- Five stocks we like better than Enbridge
- ALERT: Drop these 5 stocks before January 2026!
- Buy This Stock Now
- Trump & Musk’s Secret Bet on Silver — Exposed
- Silicon Valley insiders hint at 12-month AI warning
- Your Bank Account Is No Longer Safe
Want to see what other hedge funds are holding ENB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enbridge Inc (NYSE:ENB – Free Report) (TSE:ENB).
Receive News & Ratings for Enbridge Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enbridge and related companies with MarketBeat.com's FREE daily email newsletter.
