Empowered Funds LLC Buys 21,442 Shares of Enbridge Inc $ENB

Empowered Funds LLC boosted its stake in shares of Enbridge Inc (NYSE:ENB) (TSE:ENB) by 24.2% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 110,014 shares of the pipeline company’s stock after buying an additional 21,442 shares during the period. Empowered Funds LLC’s holdings in Enbridge were worth $5,956,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Quantinno Capital Management LP increased its position in Enbridge by 9.7% during the first quarter. Quantinno Capital Management LP now owns 274,318 shares of the pipeline company’s stock valued at $14,849,000 after acquiring an additional 24,224 shares during the last quarter. Lazard Asset Management LLC raised its stake in shares of Enbridge by 31.5% in the first quarter. Lazard Asset Management LLC now owns 9,893 shares of the pipeline company’s stock valued at $536,000 after acquiring an additional 2,370 shares during the period. Gateway Wealth Partners LLC lifted its holdings in shares of Enbridge by 199.7% in the 1st quarter. Gateway Wealth Partners LLC now owns 15,615 shares of the pipeline company’s stock worth $845,000 after acquiring an additional 10,405 shares during the last quarter. Bradley Foster & Sargent Inc. CT lifted its holdings in shares of Enbridge by 0.3% in the 1st quarter. Bradley Foster & Sargent Inc. CT now owns 500,945 shares of the pipeline company’s stock worth $27,126,000 after acquiring an additional 1,352 shares during the last quarter. Finally, Lombard Odier Asset Management Switzerland SA boosted its stake in shares of Enbridge by 6.3% during the 1st quarter. Lombard Odier Asset Management Switzerland SA now owns 85,494 shares of the pipeline company’s stock worth $4,629,000 after purchasing an additional 5,100 shares during the period. 54.60% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities analysts recently commented on ENB shares. TD Securities reiterated a “hold” rating on shares of Enbridge in a report on Thursday, July 16th. Wall Street Zen upgraded Enbridge from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enbridge in a research note on Friday, May 22nd. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Enbridge in a research note on Monday, May 11th. Finally, Royal Bank Of Canada increased their price target on Enbridge from $76.00 to $79.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. Five analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $66.50.

Enbridge News Roundup

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Enbridge reported second-quarter 2026 results above analyst expectations, with EPS estimates ranging from $0.46 to $0.63 depending on the reporting measure versus consensus near $0.43–$0.44. The company reaffirmed its 2026 guidance and increased its secured backlog to $41 billion, supporting the outlook for long-term, largely contracted growth. Enbridge second-quarter results and guidance
• Neutral Sentiment: Several recent analyst estimate changes were mixed: US Capital Advisors raised some 2026–2027 quarterly forecasts but reduced estimates for early 2027 and fiscal 2028. The revisions suggest limited changes to the broader earnings outlook, with full-year consensus remaining around $2.13 per share. Enbridge analyst estimates
• Negative Sentiment: Raymond James downgraded ENB from “outperform” to “market perform,” removing a potential catalyst for the shares and signaling more limited expected upside at current valuation levels. Raymond James downgrade
• Negative Sentiment: Enbridge postponed the second phase of its Mainline oil pipeline expansion, which would have added 250,000 barrels per day. The delay reflects insufficient producer commitments to increase output and could defer projected growth and capital deployment benefits. Mainline expansion postponement
• Negative Sentiment: A U.S. appeals court found that an Enbridge pipeline trespassed on Wisconsin tribal land. Although the company received additional time to reroute the line, it faces potential relocation costs and recalculated damages. Wisconsin pipeline trespass ruling

Enbridge Stock Down 1.9%

NYSE:ENB opened at $54.40 on Friday. Enbridge Inc has a 1-year low of $44.80 and a 1-year high of $58.45. The company has a 50-day moving average of $55.52 and a 200 day moving average of $53.57. The firm has a market cap of $118.81 billion, a PE ratio of 29.09 and a beta of 0.58. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.81 and a quick ratio of 0.73.

Enbridge (NYSE:ENB) (TSE:ENB) last issued its earnings results on Friday, July 31st. The pipeline company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.03. The company had revenue of $9.70 billion for the quarter, compared to analysts’ expectations of $8.67 billion. Enbridge had a net margin of 9.83% and a return on equity of 11.21%. During the same period in the prior year, the business earned $0.65 EPS. As a group, research analysts anticipate that Enbridge Inc will post 2.13 EPS for the current fiscal year.

Enbridge Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be given a $0.97 dividend. This represents a $3.88 annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend is Friday, August 14th. Enbridge’s dividend payout ratio is presently 133.80%.

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.