Enbridge (NYSE:ENB) Hits New 1-Year High – Here’s What Happened

Enbridge Inc (NYSE:ENB) (TSE:ENB) hit a new 52-week high during trading on Tuesday . The stock traded as high as $55.09 and last traded at $55.0620, with a volume of 828890 shares traded. The stock had previously closed at $54.16.

Trending Headlines about Enbridge

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: US Capital Advisors raised its FY2027 EPS forecast to $2.30 (from $2.19) and increased multiple quarterly estimates (notably Q4 2026 to $0.64 and Q1 2027 to $0.75), signaling a modestly improved earnings trajectory that can support valuation and dividend coverage. Read More.
• Positive Sentiment: Enbridge management told CERAWeek that Gulf Coast re‑exports of Canadian heavy crude are set to surge as approved/proposed pipeline projects move more Canadian oil to the U.S. — a volume/throughput growth cue for Enbridge’s crude pipeline business. Read More.
• Neutral Sentiment: US Capital Advisors made several small quarterly tweaks (e.g., trimming Q2 2026 to $0.44 from $0.45 while raising other quarters slightly). These are mixed, largely minor estimate adjustments rather than large directional revisions. Read More.
• Neutral Sentiment: Opinion coverage is mixed on valuation — a recent piece highlights strong fundamentals and growth prospects but also raises the question of whether ENB is near a price peak; useful context for investors balancing growth vs. valuation risk. Read More.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ENB. Weiss Ratings raised shares of Enbridge from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 9th. Zacks Research raised shares of Enbridge from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th. Scotiabank reissued an “outperform” rating on shares of Enbridge in a report on Tuesday, February 17th. TD Securities cut shares of Enbridge from a “buy” rating to a “hold” rating in a research report on Tuesday, February 17th. Finally, Wall Street Zen raised shares of Enbridge from a “sell” rating to a “hold” rating in a report on Saturday. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $65.00.

Enbridge Trading Up 1.5%

The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.55 and a current ratio of 0.63. The firm has a 50-day moving average of $51.19 and a 200-day moving average of $49.06. The firm has a market capitalization of $119.94 billion, a P/E ratio of 23.88 and a beta of 0.67.

Enbridge (NYSE:ENB) (TSE:ENB) last released its quarterly earnings data on Friday, February 13th. The pipeline company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The firm had revenue of $17.18 billion during the quarter, compared to analyst estimates of $9.10 billion. Enbridge had a return on equity of 11.19% and a net margin of 11.30%.During the same quarter in the prior year, the firm posted $0.75 earnings per share. On average, equities research analysts anticipate that Enbridge Inc will post 2.14 EPS for the current fiscal year.

Institutional Investors Weigh In On Enbridge

Several institutional investors have recently added to or reduced their stakes in ENB. MIdWestOne Financial Group Inc. grew its holdings in Enbridge by 4.3% in the 4th quarter. MIdWestOne Financial Group Inc. now owns 4,906 shares of the pipeline company’s stock worth $235,000 after acquiring an additional 203 shares during the last quarter. Sumitomo Life Insurance Co. raised its stake in shares of Enbridge by 1.1% during the fourth quarter. Sumitomo Life Insurance Co. now owns 18,621 shares of the pipeline company’s stock valued at $891,000 after acquiring an additional 205 shares during the last quarter. Arete Wealth Advisors LLC raised its stake in shares of Enbridge by 4.4% during the fourth quarter. Arete Wealth Advisors LLC now owns 4,914 shares of the pipeline company’s stock valued at $235,000 after acquiring an additional 208 shares during the last quarter. Blue Fin Capital Inc. boosted its holdings in shares of Enbridge by 1.3% during the fourth quarter. Blue Fin Capital Inc. now owns 16,028 shares of the pipeline company’s stock worth $767,000 after purchasing an additional 213 shares during the period. Finally, Guinness Atkinson Asset Management Inc grew its stake in shares of Enbridge by 3.4% in the fourth quarter. Guinness Atkinson Asset Management Inc now owns 6,475 shares of the pipeline company’s stock worth $309,000 after purchasing an additional 213 shares during the last quarter. Hedge funds and other institutional investors own 54.60% of the company’s stock.

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.