Rep. Brian Babin Sells Enbridge Inc (NYSE:ENB) Shares

Representative Brian Babin (Republican-Texas) recently sold shares of Enbridge Inc (NYSE:ENB). In a filing disclosed on May 18th, the Representative disclosed that they had sold between $1,001 and $15,000 in Enbridge stock on May 5th. The trade occurred in the Representative’s “UBS SEP IRA” account.

Representative Brian Babin also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Westshore Terminals Investment (OTCMKTS:WTSHF) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of Compass Diversified (NYSE:CODI) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of FTAI Infrastructure (NASDAQ:FIP) on 5/5/2026.
• Sold $15,001 – $50,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of Energy Transfer (NYSE:ET) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of South32 (OTCMKTS:SOUHY) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of Range Resources (NYSE:RRC) on 5/5/2026.
• Sold $15,001 – $50,000 in shares of Huntington Ingalls Industries (NYSE:HII) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of Woodside Energy Group (NYSE:WDS) on 5/5/2026.
• Sold $50,001 – $100,000 in shares of FTAI Aviation (NASDAQ:FTAI) on 5/5/2026.

Enbridge Stock Performance

Shares of NYSE ENB opened at $56.81 on Wednesday. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 1.69. The business’s 50 day moving average is $53.98 and its two-hundred day moving average is $50.56. The company has a market cap of $124.06 billion, a P/E ratio of 26.67 and a beta of 0.59. Enbridge Inc has a 12 month low of $43.59 and a 12 month high of $57.01.

Enbridge (NYSE:ENB) (TSE:ENB) last released its quarterly earnings data on Friday, May 8th. The pipeline company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.02. The business had revenue of $9.37 billion for the quarter, compared to analysts’ expectations of $8.49 billion. Enbridge had a return on equity of 11.21% and a net margin of 9.83%.During the same period in the previous year, the business posted $1.03 earnings per share. On average, equities analysts expect that Enbridge Inc will post 2.17 EPS for the current year.

Enbridge Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be given a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend is Friday, May 15th. Enbridge’s payout ratio is currently 133.80%.

Wall Street Analysts Forecast Growth

ENB has been the topic of a number of analyst reports. Wall Street Zen upgraded Enbridge from a “sell” rating to a “hold” rating in a research report on Saturday. Raymond James Financial upgraded Enbridge to a “moderate buy” rating in a research report on Tuesday, February 17th. Citigroup reaffirmed a “buy” rating on shares of Enbridge in a research note on Thursday, February 19th. Scotiabank reaffirmed an “outperform” rating on shares of Enbridge in a research note on Monday, May 11th. Finally, Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Enbridge in a research note on Monday, May 11th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $66.50.

Institutional Trading of Enbridge

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Tsfg LLC grew its position in shares of Enbridge by 329.6% during the 3rd quarter. Tsfg LLC now owns 494 shares of the pipeline company’s stock valued at $25,000 after acquiring an additional 379 shares during the period. Triumph Capital Management acquired a new position in Enbridge in the 3rd quarter worth about $26,000. Turning Point Benefit Group Inc. purchased a new position in Enbridge during the third quarter worth approximately $28,000. Inspire Investing LLC purchased a new position in Enbridge during the fourth quarter worth approximately $29,000. Finally, Garner Asset Management Corp acquired a new stake in Enbridge in the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 54.60% of the company’s stock.

About Representative Babin

Brian Babin (Republican Party) is a member of the U.S. House, representing Texas’ 36th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Babin (Republican Party) is running for re-election to the U.S. House to represent Texas’ 36th Congressional District. He declared candidacy for the 2026 election.

Babin is a member of the House Transportation and Infrastructure Committee and the House Committee on Science, Space, and Technology.

Babin served in the United States Air Force as a captain from 1975 to 1979. While serving, he earned his B.S. in biology from Lamar University in 1973. He then enrolled in dental school at the University of Texas and graduated with his D.D.S. in 1976. He has been engaged in general dental practice since 1979.

About Enbridge

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.