Ausbil Investment Management Ltd Decreases Stake in Enbridge Inc $ENB

Ausbil Investment Management Ltd cut its position in shares of Enbridge Inc (NYSE:ENB) (TSE:ENB) by 10.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 100,323 shares of the pipeline company’s stock after selling 11,453 shares during the period. Enbridge makes up about 2.7% of Ausbil Investment Management Ltd’s portfolio, making the stock its 14th biggest holding. Ausbil Investment Management Ltd’s holdings in Enbridge were worth $4,807,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Enbridge in the 2nd quarter worth about $1,113,368,000. Bank of Nova Scotia lifted its holdings in shares of Enbridge by 118.0% in the 3rd quarter. Bank of Nova Scotia now owns 9,526,380 shares of the pipeline company’s stock valued at $480,518,000 after acquiring an additional 5,157,030 shares during the last quarter. Canada Pension Plan Investment Board lifted its holdings in shares of Enbridge by 38.7% in the 2nd quarter. Canada Pension Plan Investment Board now owns 13,213,321 shares of the pipeline company’s stock valued at $599,556,000 after acquiring an additional 3,687,334 shares during the last quarter. Raymond James Financial Inc. grew its position in Enbridge by 43.7% in the third quarter. Raymond James Financial Inc. now owns 6,633,703 shares of the pipeline company’s stock worth $334,737,000 after acquiring an additional 2,016,674 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in Enbridge by 2.0% during the third quarter. Vanguard Group Inc. now owns 98,297,477 shares of the pipeline company’s stock worth $4,959,009,000 after acquiring an additional 1,892,491 shares during the last quarter. Hedge funds and other institutional investors own 54.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Weiss Ratings upgraded Enbridge from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 9th. TD Securities downgraded Enbridge from a “buy” rating to a “hold” rating in a research report on Tuesday, February 17th. Citigroup restated a “buy” rating on shares of Enbridge in a report on Thursday, February 19th. Royal Bank Of Canada raised their price target on Enbridge from $72.00 to $76.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 17th. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Enbridge in a research note on Tuesday, February 17th. Seven research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Enbridge currently has a consensus rating of “Moderate Buy” and an average target price of $65.00.

More Enbridge News

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Zacks upgraded ENB to a Zacks Rank #2 (Buy), reflecting growing optimism about earnings momentum and potentially attracting incremental buyer interest. Read More.
• Positive Sentiment: US Capital Advisors raised FY2026 and FY2028 EPS estimates (FY2026 to $2.21, FY2028 to $2.43), implying stronger forward earnings than prior consensus and supporting valuation upside. Read More.
• Positive Sentiment: Q1 EPS estimates were raised by US Capital Advisors (reported by American Banking News), a near-term positive for sentiment as earnings expectations tick up. Read More.
• Positive Sentiment: Broad energy-stock strength on an oil-price spike is lifting pipeline names, helping ENB as investors rotate into higher-yielding energy assets. Read More.
• Neutral Sentiment: Seeking Alpha argues ENB remains a compelling long-term income play—DFCF growth is modest but predictable—but notes recent share gains reduce near-term upside; this supports income-oriented holders but tempers growth expectations. Read More.
• Neutral Sentiment: Zacks notes ENB is a trending ticker that investors are watching; increased attention can amplify moves but doesn’t guarantee direction. Read More.
• Neutral Sentiment: Analysis on Enbridge’s US-dollar preferred shares highlights attractive yields (up to ~6.8%) and dividend safety; this could draw income-focused capital into preferreds rather than common shares, which is mixed for ENB common demand. Read More.
• Negative Sentiment: CBC reports that Enbridge’s plan to fund policing costs related to a U.S. pipeline reroute has raised local and political concerns—this creates reputational and regulatory risk that could lead to project delays, higher costs, or legal scrutiny. Read More.

Enbridge Trading Up 0.0%

Shares of NYSE ENB opened at $54.49 on Friday. Enbridge Inc has a fifty-two week low of $39.73 and a fifty-two week high of $55.11. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.55 and a current ratio of 0.63. The company has a market cap of $118.88 billion, a price-to-earnings ratio of 23.69 and a beta of 0.67. The business’s 50 day moving average price is $51.67 and its 200-day moving average price is $49.18.

Enbridge (NYSE:ENB) (TSE:ENB) last posted its quarterly earnings data on Friday, February 13th. The pipeline company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The company had revenue of $17.18 billion during the quarter, compared to analysts’ expectations of $9.10 billion. Enbridge had a return on equity of 11.19% and a net margin of 11.30%.During the same quarter in the previous year, the business earned $0.75 EPS. On average, sell-side analysts expect that Enbridge Inc will post 2.14 earnings per share for the current year.

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.