Guinness Asset Management LTD Sells 50,888 Shares of Enbridge Inc $ENB

Guinness Asset Management LTD reduced its position in shares of Enbridge Inc (NYSE:ENB) (TSE:ENB) by 27.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 136,510 shares of the pipeline company’s stock after selling 50,888 shares during the period. Guinness Asset Management LTD’s holdings in Enbridge were worth $6,787,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of ENB. Vanguard Group Inc. lifted its stake in Enbridge by 3.5% in the second quarter. Vanguard Group Inc. now owns 96,404,986 shares of the pipeline company’s stock worth $4,371,580,000 after acquiring an additional 3,217,961 shares during the period. TD Asset Management Inc raised its holdings in Enbridge by 1.6% in the 2nd quarter. TD Asset Management Inc now owns 39,883,394 shares of the pipeline company’s stock worth $1,804,913,000 after purchasing an additional 617,577 shares in the last quarter. Norges Bank purchased a new stake in shares of Enbridge in the 2nd quarter worth about $1,113,368,000. Legal & General Group Plc lifted its position in shares of Enbridge by 1.1% in the 2nd quarter. Legal & General Group Plc now owns 18,861,475 shares of the pipeline company’s stock worth $853,669,000 after purchasing an additional 207,243 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in Enbridge by 20.2% in the second quarter. Geode Capital Management LLC now owns 17,785,430 shares of the pipeline company’s stock worth $818,620,000 after buying an additional 2,989,992 shares during the period. Hedge funds and other institutional investors own 54.60% of the company’s stock.

Key Stories Impacting Enbridge

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Federal energy regulator recommended approval of an Enbridge pipeline expansion — a regulatory green light that could support future throughput and cash flow. Federal energy regulator recommends approval of Enbridge pipeline expansion
• Positive Sentiment: Investment commentary highlights ENB’s attractive ~6% dividend yield and reiterates 2026 guidance (Adjusted EBITDA and DCF/share ranges plus a planned dividend raise), supporting income-focused demand. Enbridge: The 6% Dividend Yield Is Still Very Attractive
• Positive Sentiment: Analyst tweak: US Capital Advisors slightly raised its Q4 2026 EPS estimate (to $0.59), a modest vote of confidence on near-term quarters even as other small adjustments were made.
• Neutral Sentiment: The stock has recently outperformed the market in short-term trading, which may reflect the mix of news flow rather than a single catalyst. Enbridge (ENB) Advances While Market Declines
• Neutral Sentiment: The U.S. Justice Department has weighed in on Line 5 litigation — DOJ involvement raises the stakes but the direction/impact is uncertain until filings are clear. U.S. Justice Department weighs in on Enbridge Line 5 litigation
• Negative Sentiment: Unusually large put-option buying: ~20,216 puts were traded (a >1,000% spike vs. normal volume), signaling substantial bearish bets that could pressure shares if followed by further hedging or selling. Stock Traders Buy Large Volume of Put Options on Enbridge (NYSE:ENB)
• Negative Sentiment: Legal challenges persist: a Traverse City nonprofit filed a reply brief in the Line 5 tunnel permit case before the Michigan Supreme Court, keeping litigation risk and potential project delays on the table. Traverse City Nonprofit Files Reply Brief in Line 5 tunnel permit case before the Michigan Supreme Court
• Negative Sentiment: Analyst trims: US Capital Advisors nudged its FY2026 EPS view slightly lower (to $2.14 from $2.15) and trimmed a Q2 estimate — small downward revisions that modestly reduce near-term earnings expectations.

Enbridge Trading Up 0.6%

ENB stock opened at $50.45 on Friday. The firm has a fifty day moving average price of $47.57 and a 200 day moving average price of $47.68. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.68 and a current ratio of 0.80. The firm has a market cap of $110.06 billion, a PE ratio of 27.72 and a beta of 0.69. Enbridge Inc has a fifty-two week low of $39.73 and a fifty-two week high of $50.61.

Enbridge (NYSE:ENB) (TSE:ENB) last released 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). Enbridge had a return on equity of 10.51% and a net margin of 9.20%.The company had revenue of $7 billion during the quarter, compared to analysts’ expectations of $8.45 billion. During the same quarter in the prior year, the business posted $0.55 EPS. Sell-side analysts anticipate that Enbridge Inc will post 2.14 earnings per share for the current fiscal year.

Enbridge Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Shareholders of record on Tuesday, February 17th will be given a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a yield of 7.7%. This is a positive change from Enbridge’s previous quarterly dividend of $0.94. The ex-dividend date is Tuesday, February 17th. Enbridge’s dividend payout ratio (DPR) is presently 147.80%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. Zacks Research raised shares of Enbridge from a “strong sell” rating to a “hold” rating in a research report on Monday, December 29th. Weiss Ratings cut shares of Enbridge from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 26th. CIBC cut shares of Enbridge from an “outperform” rating to a “neutral” rating in a report on Thursday, October 9th. JPMorgan Chase & Co. lowered shares of Enbridge from an “overweight” rating to a “neutral” rating in a report on Tuesday, January 27th. Finally, Scotiabank upgraded Enbridge from a “sector perform” rating to a “sector outperform” rating in a research note on Friday, January 16th. Five research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $63.00.

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.