Summitry LLC Takes Position in Enbridge Inc $ENB

Summitry LLC bought a new stake in shares of Enbridge Inc (NYSE:ENB) (TSE:ENB) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 493,477 shares of the pipeline company’s stock, valued at approximately $26,717,000.

Other large investors also recently added to or reduced their stakes in the company. Third View Private Wealth LLC purchased a new position in Enbridge in the 4th quarter worth approximately $3,691,000. Vanguard Group Inc. lifted its position in Enbridge by 2.1% in the fourth quarter. Vanguard Group Inc. now owns 100,364,993 shares of the pipeline company’s stock valued at $4,802,766,000 after purchasing an additional 2,067,516 shares during the last quarter. RNC Capital Management LLC boosted its stake in shares of Enbridge by 1.6% during the fourth quarter. RNC Capital Management LLC now owns 1,446,697 shares of the pipeline company’s stock valued at $69,196,000 after purchasing an additional 22,637 shares during the period. Thomasville National Bank boosted its stake in shares of Enbridge by 3.0% during the fourth quarter. Thomasville National Bank now owns 868,003 shares of the pipeline company’s stock valued at $41,517,000 after purchasing an additional 24,993 shares during the period. Finally, Intact Investment Management Inc. boosted its stake in shares of Enbridge by 22.8% during the fourth quarter. Intact Investment Management Inc. now owns 987,976 shares of the pipeline company’s stock valued at $47,275,000 after purchasing an additional 183,163 shares during the period. Hedge funds and other institutional investors own 54.60% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on ENB shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enbridge in a research note on Friday, May 22nd. Wall Street Zen raised shares of Enbridge from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Scotiabank reissued an “outperform” rating on shares of Enbridge in a research report on Tuesday, July 21st. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Enbridge in a report on Monday, May 11th. Finally, TD Securities restated a “hold” rating on shares of Enbridge in a research report on Thursday, July 16th. Five investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $66.50.

Enbridge News Summary

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 Trading Down 1.9%

NYSE ENB opened at $54.40 on Friday. The stock has a market cap of $118.81 billion, a P/E ratio of 25.54 and a beta of 0.58. Enbridge Inc has a fifty-two week low of $44.80 and a fifty-two week high of $58.45. The stock has a 50 day simple moving average of $55.52 and a two-hundred day simple moving average of $53.57. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.73 and a current ratio of 0.81.

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

Enbridge Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be issued a $0.97 dividend. The ex-dividend date is Friday, August 14th. This represents a $3.88 annualized dividend and a yield of 7.1%. Enbridge’s payout ratio is 129.11%.

Enbridge 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.