Traders Buy Large Volume of Enbridge Put Options (NYSE:ENB)

Enbridge Inc (NYSE:ENB) (TSE:ENB) was the recipient of some unusual options trading on Wednesday. Stock traders acquired 20,216 put options on the stock. This is an increase of approximately 1,036% compared to the typical daily volume of 1,779 put options.

Key Headlines Impacting Enbridge

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Analysts’ views are converging and price targets have edged up, with a slight increase in the firm’s fair-value estimate (CA$75.99 → CA$76.14) and multiple analysts lifting targets into the CA$72–77 range — a constructive backdrop for sentiment. How The Enbridge (TSX:ENB) Investment Story Is Shifting As Analyst Views Converge
• Neutral Sentiment: Coverage notes potential upside for Enbridge but flags macro risks — particularly inflation — that could pressure costs and returns; this keeps the story balanced between yield appeal and macro sensitivity. Analysts see Enbridge gains but flag inflation risk
• Negative Sentiment: US Capital Advisors cut multiple 2026–2027 EPS forecasts for Enbridge (Q1: $0.67 from $0.72; Q3: $0.39 from $0.41; Q4: $0.59 from $0.64; FY2026: $2.06 from $2.21; FY2027: $2.15 from $2.30), signaling weaker near-term earnings assumptions and downward pressure on estimates.
• Negative Sentiment: Unusual options activity: traders purchased ~20,216 put contracts on Enbridge (a ~1,036% jump vs. average daily put volume), which can indicate hedging or bearish speculative positioning that may amplify downside moves in the short term.

Enbridge Trading Up 3.8%

NYSE ENB opened at $55.47 on Friday. The stock has a market cap of $121.13 billion, a PE ratio of 24.12 and a beta of 0.63. Enbridge has a 12 month low of $43.59 and a 12 month high of $55.48. The company’s 50-day moving average price is $53.55 and its 200-day moving average price is $49.92. The company has a current ratio of 0.63, a quick ratio of 0.55 and a debt-to-equity ratio of 1.70.

Enbridge (NYSE:ENB) (TSE:ENB) last announced 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 company had revenue of $17.18 billion during the quarter, compared to analyst estimates of $9.10 billion. Enbridge had a net margin of 11.30% and a return on equity of 11.19%. During the same quarter last year, the business posted $0.75 EPS. Equities research analysts forecast that Enbridge will post 2.2 earnings per share for the current year.

Institutional Trading of Enbridge

A number of large investors have recently modified their holdings of ENB. PFG Investments LLC raised its holdings in shares of Enbridge by 0.9% in the first quarter. PFG Investments LLC now owns 22,208 shares of the pipeline company’s stock worth $1,202,000 after buying an additional 202 shares during the last quarter. MIdWestOne Financial Group Inc. grew its holdings in shares of Enbridge by 4.3% during the fourth quarter. MIdWestOne Financial Group Inc. now owns 4,906 shares of the pipeline company’s stock valued at $235,000 after buying an additional 203 shares during the last quarter. Sumitomo Life Insurance Co. increased its position in shares of Enbridge by 1.1% in the 4th 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 period. Arete Wealth Advisors LLC increased its position in shares of Enbridge by 4.4% in the 4th 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 period. Finally, IHT Wealth Management LLC grew its stake in Enbridge by 1.2% during the 2nd quarter. IHT Wealth Management LLC now owns 18,084 shares of the pipeline company’s stock valued at $820,000 after purchasing an additional 213 shares during the last quarter. Hedge funds and other institutional investors own 54.60% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented 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. BMO Capital Markets reissued a “market perform” rating on shares of Enbridge in a research note on Tuesday, February 17th. Royal Bank Of Canada raised their target price on shares of Enbridge from $72.00 to $76.00 and gave the stock an “outperform” rating in a report on Tuesday, February 17th. Citigroup reaffirmed a “buy” rating on shares of Enbridge in a research note on Thursday, February 19th. Finally, Raymond James Financial raised shares of Enbridge to a “moderate buy” rating in a research report on Tuesday, February 17th. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $65.00.

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.