Enbridge Inc $ENB Shares Purchased by Western Wealth Management LLC

Western Wealth Management LLC boosted its position in shares of Enbridge Inc (NYSE:ENB) (TSE:ENB) by 346.8% during the first quarter, Holdings Channel.com reports. The firm owned 36,190 shares of the pipeline company’s stock after buying an additional 28,091 shares during the quarter. Western Wealth Management LLC’s holdings in Enbridge were worth $1,959,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Triumph Capital Management purchased a new stake in shares of Enbridge in the 3rd quarter valued at approximately $26,000. Turning Point Benefit Group Inc. purchased a new stake in shares of Enbridge during the 3rd quarter valued at approximately $28,000. Inspire Investing LLC purchased a new stake in shares of Enbridge during the 4th quarter valued at approximately $29,000. Garner Asset Management Corp acquired a new position in Enbridge in the fourth quarter valued at approximately $30,000. Finally, Imprint Wealth LLC purchased a new position in Enbridge in the third quarter worth approximately $31,000. 54.60% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Enbridge in a report on Friday, May 22nd. Raymond James Financial downgraded shares of Enbridge from an “outperform” rating to a “market perform” rating in a research note on Friday. Scotiabank reaffirmed an “outperform” rating on shares of Enbridge in a research report on Tuesday, July 21st. TD Securities reiterated a “hold” rating on shares of Enbridge in a report on Thursday, July 16th. Finally, Wall Street Zen raised Enbridge from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Five 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 has a consensus rating of “Hold” and a consensus price target of $66.50.

Enbridge Stock Down 1.9%

Shares of NYSE:ENB opened at $54.40 on Friday. The firm’s 50 day moving average price is $55.52 and its 200 day moving average price is $53.57. The stock has a market cap of $118.81 billion, a price-to-earnings ratio of 29.09 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 company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 1.69.

Enbridge (NYSE:ENB) (TSE:ENB) last issued its earnings results on Friday, July 31st. The pipeline company reported $0.46 EPS 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 the consensus estimate of $8.67 billion. Enbridge had a net margin of 9.83% and a return on equity of 11.21%. During the same quarter in the previous year, the firm posted $0.65 earnings per share. As a group, equities research analysts predict that Enbridge Inc will post 2.13 earnings per share for the current fiscal year.

Enbridge Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders 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 dividend yield of 7.1%. Enbridge’s dividend payout ratio is presently 133.80%.

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

About Enbridge

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.