Atb Cap Markets Has Bearish Outlook for Enbridge Q4 Earnings

Enbridge Inc (NYSE:ENB) (TSE:ENB) – Research analysts at Atb Cap Markets lowered their Q4 2025 earnings estimates for Enbridge in a report released on Sunday, November 9th. Atb Cap Markets analyst N. Heywood now forecasts that the pipeline company will post earnings per share of $0.57 for the quarter, down from their previous estimate of $0.58. The consensus estimate for Enbridge’s current full-year earnings is $2.14 per share. Atb Cap Markets also issued estimates for Enbridge’s Q1 2026 earnings at $0.73 EPS, Q2 2026 earnings at $0.48 EPS, Q3 2026 earnings at $0.43 EPS, Q4 2026 earnings at $0.61 EPS, FY2026 earnings at $2.25 EPS and FY2027 earnings at $2.44 EPS.

Enbridge (NYSE:ENB) (TSE:ENB) last issued its quarterly earnings results on Friday, November 7th. The pipeline company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.06). The company had revenue of $7 billion for the quarter, compared to analyst estimates of $8.45 billion. Enbridge had a return on equity of 10.77% and a net margin of 10.11%.During the same period last year, the company posted $0.55 EPS.

A number of other equities analysts also recently commented on ENB. Argus raised their target price on shares of Enbridge from $50.00 to $54.00 and gave the company a “buy” rating in a research note on Tuesday, August 12th. BMO Capital Markets reissued a “market perform” rating on shares of Enbridge in a research report on Monday. Jefferies Financial Group upgraded Enbridge from a “hold” rating to a “buy” rating in a research note on Wednesday, July 23rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Enbridge in a research note on Wednesday, November 5th. Finally, Royal Bank Of Canada raised their target price on Enbridge from $67.00 to $72.00 and gave the company an “outperform” rating in a report on Monday. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $63.00.

Enbridge Stock Up 0.7%

Shares of NYSE ENB opened at $48.27 on Wednesday. The stock has a market capitalization of $105.28 billion, a PE ratio of 23.78, a P/E/G ratio of 4.31 and a beta of 0.76. The company has a quick ratio of 0.65, a current ratio of 0.75 and a debt-to-equity ratio of 1.58. Enbridge has a 52-week low of $39.73 and a 52-week high of $50.54. The firm has a fifty day moving average of $48.27 and a 200-day moving average of $46.79.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in ENB. Dagco Inc. bought a new position in Enbridge during the first quarter worth $25,000. Tsfg LLC raised its holdings in shares of Enbridge by 329.6% during the third quarter. Tsfg LLC now owns 494 shares of the pipeline company’s stock worth $25,000 after purchasing an additional 379 shares during the period. Whipplewood Advisors LLC lifted its position in shares of Enbridge by 112.4% in the 2nd quarter. Whipplewood Advisors LLC now owns 582 shares of the pipeline company’s stock worth $26,000 after buying an additional 308 shares during the last quarter. Highline Wealth Partners LLC boosted its holdings in shares of Enbridge by 73.1% in the 3rd quarter. Highline Wealth Partners LLC now owns 559 shares of the pipeline company’s stock valued at $28,000 after buying an additional 236 shares during the period. Finally, Financial Gravity Companies Inc. acquired a new position in shares of Enbridge in the 2nd quarter valued at about $29,000. Institutional investors and hedge funds own 54.60% of the company’s stock.

Enbridge Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 1st. Shareholders of record on Friday, November 14th will be paid a dividend of $0.9425 per share. The ex-dividend date is Friday, November 14th. This is an increase from Enbridge’s previous quarterly dividend of $0.68. This represents a $3.77 annualized dividend and a yield of 7.8%. Enbridge’s payout ratio is currently 147.25%.

About Enbridge

Enbridge Inc, together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States.