Enbridge Inc $ENB Stock: Kestra Advisory Services LLC Boosts Holdings

Kestra Advisory Services LLC grew its stake in Enbridge Inc (NYSE:ENB) (TSE:ENB) by 9.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 330,925 shares of the pipeline company’s stock after acquiring an additional 28,911 shares during the period. Kestra Advisory Services LLC’s holdings in Enbridge were worth $15,385,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Retirement Planning Group LLC boosted its position in Enbridge by 3.6% during the first quarter. Retirement Planning Group LLC now owns 5,357 shares of the pipeline company’s stock valued at $290,000 after purchasing an additional 187 shares during the last quarter. Bank & Trust Co grew its stake in Enbridge by 0.6% in the second quarter. Bank & Trust Co now owns 33,276 shares of the pipeline company’s stock valued at $1,804,000 after purchasing an additional 193 shares in the last quarter. Cornerstone Wealth Management LLC increased its position in shares of Enbridge by 0.6% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 31,543 shares of the pipeline company’s stock worth $1,710,000 after purchasing an additional 194 shares during the last quarter. Clearwave Capital LLC increased its position in shares of Enbridge by 0.9% during the 2nd quarter. Clearwave Capital LLC now owns 22,033 shares of the pipeline company’s stock worth $1,194,000 after purchasing an additional 204 shares during the last quarter. Finally, Clifford Swan Investment Counsel LLC raised its stake in shares of Enbridge by 2.9% during the 2nd quarter. Clifford Swan Investment Counsel LLC now owns 7,383 shares of the pipeline company’s stock worth $400,000 after purchasing an additional 206 shares in the last quarter. Institutional investors and hedge funds own 54.60% of the company’s stock.

Enbridge Stock Performance

NYSE:ENB opened at $46.84 on Monday. The stock has a market cap of $104.39 billion, a P/E ratio of 22.96, a PEG ratio of 5.63 and a beta of 0.59. The stock has a 50 day simple moving average of $48.10 and a 200 day simple moving average of $52.18. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 1.69. Enbridge Inc has a 1-year low of $45.03 and a 1-year high of $58.45.

Enbridge (NYSE:ENB) (TSE:ENB) last issued its quarterly earnings data on Friday, November 6th. The pipeline company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.03. Enbridge had a return on equity of 11.68% and a net margin of 7.37%. The firm had revenue of $21.08 billion for the quarter, compared to analyst estimates of $9.62 billion. Research analysts anticipate that Enbridge Inc will post 2.08 earnings per share for the current year.

Enbridge Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Friday, November 13th will be given a C$0.97 dividend. This represents a $3.88 dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend is Friday, November 13th. Enbridge’s payout ratio is presently 147.06%.

Trending Headlines about Enbridge

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Enbridge reported third-quarter adjusted earnings of C$0.39 per share, above the C$0.36 consensus, with revenue also topping estimates. Profit rose substantially from a year earlier, supported in part by its natural gas businesses. Article: Enbridge Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: The company reaffirmed its 2026 financial guidance and said more than C$3 billion of gas transmission projects entered service, supporting its growth and earnings outlook. Article: Enbridge Reports Strong Third Quarter Results
• Neutral Sentiment: Enbridge is exploring a pipeline role in Canada’s Pathways carbon-capture network. It also plans to acquire Tallgrass Crude to expand its Rockies pipeline corridor; these opportunities could add growth, though the reports do not detail their financial impact. Article: Enbridge and the Pathways carbon-capture network
• Neutral Sentiment: CEO Greg Ebel is set to retire in January, with Michele Harradence stepping up. The planned transition could be worth watching, but no change in strategy is reported. Article: Enbridge CEO to Retire

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ENB. Wolfe Research set a $50.00 price target on shares of Enbridge in a research report on Tuesday, August 4th. US Capital Advisors raised shares of Enbridge from a “hold” rating to a “moderate buy” rating in a research report on Thursday, August 20th. Jefferies Financial Group restated a “hold” rating on shares of Enbridge in a research note on Monday, September 14th. BMO Capital Markets upgraded shares of Enbridge from a “market perform” rating to an “outperform” rating and set a $79.50 price objective on the stock in a research note on Monday, September 14th. Finally, Scotiabank raised Enbridge to a “strong-buy” rating in a research report on Thursday, September 17th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $65.88.

About Enbridge

Enbridge Inc is a North American energy infrastructure company that transports and distributes energy. Its businesses include crude oil and liquids pipelines, natural gas transmission and storage, and natural gas utilities that serve homes and businesses.

Founded in 1949 as Interprovincial Pipe Line Company, Enbridge has grown into a cross-border operator serving customers and energy markets in Canada and the United States. Its infrastructure moves crude oil, natural gas and natural gas liquids, connecting producers with refineries, utilities and other markets.

Enbridge also invests in renewable power, including wind and solar projects, alongside its energy transportation and distribution operations.