Enbridge Inc $ENB Stake Lessened by HBW Advisory Services LLC

HBW Advisory Services LLC lessened its holdings in shares of Enbridge Inc (NYSE:ENB) (TSE:ENB) by 23.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 39,304 shares of the pipeline company’s stock after selling 11,895 shares during the quarter. HBW Advisory Services LLC’s holdings in Enbridge were worth $1,827,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in ENB. Deutsche Bank AG bought a new position in Enbridge in the 2nd quarter worth approximately $1,850,502,000. Ontario Teachers Pension Plan Board bought a new stake in shares of Enbridge during the second quarter valued at approximately $467,782,000. Auto Owners Insurance Co raised its position in shares of Enbridge by 4,683.0% during the fourth quarter. Auto Owners Insurance Co now owns 8,566,831 shares of the pipeline company’s stock valued at $40,975,000 after buying an additional 8,387,721 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Enbridge in the second quarter worth $412,627,000. Finally, Bank of America Corp DE purchased a new position in shares of Enbridge in the second quarter worth $380,896,000. 54.60% of the stock is owned by hedge funds and other institutional investors.

Enbridge Stock Performance

NYSE:ENB opened at $47.35 on Thursday. The company has a market cap of $105.54 billion, a price-to-earnings ratio of 22.28, a PEG ratio of 5.63 and a beta of 0.60. Enbridge Inc has a 1 year low of $45.03 and a 1 year high of $58.45. The stock’s 50 day simple moving average is $48.98 and its two-hundred day simple moving average is $52.82. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.72 and a quick ratio of 0.66.

Enbridge (NYSE:ENB) (TSE:ENB) last posted its earnings results on Friday, July 31st. The pipeline company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. Enbridge had a return on equity of 11.17% and a net margin of 7.20%. The firm had revenue of $9.70 billion during the quarter, compared to the consensus estimate of $8.67 billion. During the same period in the prior year, the company earned $0.65 EPS. As a group, equities analysts anticipate that Enbridge Inc will post 2.11 earnings per share for the current fiscal year.

Enbridge Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Friday, August 14th were paid a dividend of C$0.97 per share. The ex-dividend date of this dividend was Friday, August 14th. This represents a $3.88 dividend on an annualized basis and a yield of 8.2%. Enbridge’s dividend payout ratio is presently 147.06%.

Key Headlines Impacting Enbridge

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Enbridge began construction on the approximately C$4 billion Sunrise Expansion in British Columbia. The project is expected to add about 87 miles of pipeline and 300 million cubic feet per day of capacity to the Westcoast system, potentially strengthening contracted cash-flow growth. How Investors May Respond To Enbridge Sunrise Expansion And Reaffirmed 2026 Dividend Outlook
• Positive Sentiment: The company reaffirmed its 2026 guidance and dividend outlook, providing reassurance about expected earnings visibility and payout coverage. Enbridge’s large secured capital backlog and stable BBB+ credit rating also support the long-term investment case. Enbridge: Now Back To A Buy
• Neutral Sentiment: Analyst commentary is divided on valuation. Some investors view the recent decline as an opportunity for a high-yield infrastructure business, while others believe much of Enbridge’s long-term earnings potential is already reflected in the stock after an approximately 83% three-year return. Enbridge Stock Looks Fully Priced After Its 83% Run
• Negative Sentiment: Wisconsin regulators issued notices alleging water-protection violations related to the Line 5 reroute. Environmental and tribal concerns around the Bad River reservation could increase compliance costs, delay the project, or create additional legal and permitting uncertainty. Wisconsin DNR Notifies Enbridge of Alleged Violations
• Negative Sentiment: A fire reportedly destroyed another drill rig used for the Line 5 reroute. Although the financial impact is not yet clear, the incident adds to execution and schedule risks for an already controversial project. Another Fire Destroys Drill Rig on Line 5 Project

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Jefferies Financial Group restated a “hold” rating on shares of Enbridge in a research report on Monday, September 14th. Royal Bank Of Canada lifted their price target on shares of Enbridge from $79.00 to $84.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. Wolfe Research set a $50.00 price target on shares of Enbridge in a report on Tuesday, August 4th. TD Securities initiated coverage on shares of Enbridge in a research note on Monday, September 14th. They issued a “buy” rating on the stock. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Enbridge in a research note on Wednesday, August 19th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Enbridge currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.88.

About Enbridge

Enbridge Inc (NYSE: ENB) is a Canadian energy infrastructure company that transports and distributes oil, natural gas and renewable energy across North America. Its operations include crude oil and liquids pipelines, natural gas transmission and storage, natural gas distribution and utility services, and renewable power generation. The company serves customers and communities in Canada and the United States.

Enbridge’s liquids pipeline network transports crude oil and other liquid hydrocarbons to refineries, export terminals and market hubs.