Enbridge (NYSE:ENB) Rating Increased to Moderate Buy at US Capital Advisors

Enbridge (NYSE:ENB) (TSE:ENB) was upgraded by investment analysts at US Capital Advisors from a “hold” rating to a “moderate buy” rating in a research note issued to investors on Thursday,Zacks.com reports. US Capital Advisors also issued estimates for Enbridge’s Q3 2026 earnings at $0.43 EPS, Q4 2026 earnings at $0.61 EPS, Q2 2027 earnings at $0.48 EPS, Q3 2027 earnings at $0.46 EPS, Q4 2027 earnings at $0.69 EPS and FY2027 earnings at $2.41 EPS.

Other analysts have also recently issued reports about the company. Royal Bank Of Canada raised their price target on Enbridge from $79.00 to $84.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. Scotiabank reissued an “outperform” rating on shares of Enbridge in a research note on Tuesday, July 21st. BMO Capital Markets reissued a “market perform” rating on shares of Enbridge in a research note on Monday, August 3rd. TD Securities reissued a “hold” rating on shares of Enbridge in a research note on Thursday, July 16th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Enbridge in a research report on Wednesday. Five research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Enbridge currently has an average rating of “Hold” and a consensus price target of $67.00.

Enbridge Stock Up 1.6%

Enbridge stock opened at $51.07 on Thursday. The company has a market capitalization of $111.54 billion, a P/E ratio of 27.31 and a beta of 0.58. Enbridge has a fifty-two week low of $45.03 and a fifty-two week high of $58.45. The stock has a 50-day simple moving average of $54.26 and a 200-day simple moving average of $54.02. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.66 and a current ratio of 0.72.

Enbridge (NYSE:ENB) (TSE:ENB) last issued its quarterly earnings results on Friday, July 31st. The pipeline company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.03. The firm had revenue of $9.70 billion during the quarter, compared to analysts’ expectations of $8.67 billion. Enbridge had a net margin of 7.20% and a return on equity of 11.17%. During the same quarter in the prior year, the business earned $0.65 EPS. Equities research analysts expect that Enbridge will post 2.11 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in shares of 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 period. Deutsche Bank AG bought a new stake in Enbridge in the second quarter worth about $1,850,502,000. Norges Bank acquired a new stake in Enbridge during the fourth quarter valued at approximately $1,195,559,000. Geode Capital Management LLC boosted its stake in shares of Enbridge by 7.1% during the 4th quarter. Geode Capital Management LLC now owns 21,421,826 shares of the pipeline company’s stock worth $1,045,172,000 after acquiring an additional 1,415,995 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. increased its stake in Enbridge by 18.4% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 20,624,547 shares of the pipeline company’s stock worth $1,117,353,000 after purchasing an additional 3,205,322 shares in the last quarter. 54.60% of the stock is currently owned by institutional investors.

Enbridge News Roundup

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: US Capital Advisors raised its EPS forecasts across several periods, including Q3 2026 to $0.43 from $0.40, Q4 2026 to $0.61 from $0.60, Q2 2027 to $0.48 from $0.44, Q3 2027 to $0.46 from $0.41, and Q4 2027 to $0.69 from $0.65. Its FY2027 estimate increased to $2.41 from $2.24, well above the current full-year consensus of $2.11. The revisions suggest improving expectations for Enbridge’s earnings outlook. Enbridge analyst estimate updates
• Positive Sentiment: Investor-focused coverage highlights Enbridge’s 31-year record of dividend increases, approximately 5.5% yield, and C$41 billion secured growth backlog. These factors support the investment case for income-oriented investors and provide visibility into future cash-flow growth. Enbridge dividend and backlog analysis
• Neutral Sentiment: Some valuation analysis argues that Enbridge’s roughly 93% five-year total return leaves the shares fairly valued rather than deeply discounted. This could limit upside unless earnings and project execution improve. Enbridge valuation analysis
• Negative Sentiment: Key risks include weaker second-quarter results, leverage above management’s target range, and potential competing egress pipelines that could reduce volumes on the Mainline System, which contributes roughly one-third of EBITDA. Rising interest costs may also pressure cash flow. Enbridge backlog and Mainline risk analysis

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.