Oppenheimer & Co. Inc. decreased its position in Enbridge Inc (NYSE:ENB – Free Report) (TSE:ENB) by 2.8% in the 4th quarter, HoldingsChannel reports. The firm owned 357,882 shares of the pipeline company’s stock after selling 10,197 shares during the period. Oppenheimer & Co. Inc.’s holdings in Enbridge were worth $17,117,000 at the end of the most recent reporting period.
Several other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in Enbridge by 2.1% in the 4th 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 last quarter. TD Asset Management Inc increased its stake in shares of Enbridge by 0.3% during the 3rd quarter. TD Asset Management Inc now owns 40,021,291 shares of the pipeline company’s stock valued at $2,019,473,000 after acquiring an additional 137,897 shares during the last quarter. Scotia Capital Inc. increased its stake in shares of Enbridge by 2.1% during the 3rd quarter. Scotia Capital Inc. now owns 14,369,949 shares of the pipeline company’s stock valued at $723,404,000 after acquiring an additional 300,391 shares during the last quarter. Amundi increased its stake in shares of Enbridge by 3.2% during the 3rd quarter. Amundi now owns 9,638,460 shares of the pipeline company’s stock valued at $479,706,000 after acquiring an additional 295,942 shares during the last quarter. Finally, Bank of Nova Scotia increased its stake in shares of Enbridge by 118.0% during the 3rd quarter. Bank of Nova Scotia now owns 9,526,380 shares of the pipeline company’s stock valued at $480,518,000 after acquiring an additional 5,157,030 shares during the last quarter. Institutional investors and hedge funds own 54.60% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the stock. BMO Capital Markets reaffirmed a “market perform” rating on shares of Enbridge in a research note on Tuesday, February 17th. Raymond James Financial raised shares of Enbridge to a “moderate buy” rating in a research note on Tuesday, February 17th. JPMorgan Chase & Co. downgraded shares of Enbridge from an “overweight” rating to a “neutral” rating in a research note on Tuesday, January 27th. Scotiabank reaffirmed an “outperform” rating on shares of Enbridge in a research note on Tuesday, February 17th. Finally, Citigroup reaffirmed a “buy” rating on shares of Enbridge in a research note on Thursday, February 19th. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $65.00.
Key Enbridge News
Here are the key news stories impacting Enbridge this week:
- Positive Sentiment: Analyst coverage shows some bullish positioning and only a small change to fair value — a recent piece notes Enbridge’s fair-value estimate moved modestly from CA$75.99 to CA$76.14 and several analysts have raised price targets into the CA$72–CA$77 range, suggesting upside remains in some analysts’ views. How The Enbridge (TSX:ENB) Investment Story Is Shifting As Analyst Views Converge
- Neutral Sentiment: Consensus full‑year EPS remains near $2.22 per share even as individual shop forecasts move, indicating the market still has an anchor for expectations despite divergent analyst revisions. MarketBeat ENB overview
- Negative Sentiment: US Capital Advisors (analyst J. Carreker) repeatedly cut EPS forecasts across multiple quarters and fiscal years (Q1–Q4 2026, Q2–Q4 2027, FY2026 and FY2027), trimming FY2026 from $2.21 to $2.06 and FY2027 from $2.30 to $2.15 — weakening near‑term earnings visibility and lowering forward earnings power. US Capital Advisors research notes (MarketBeat)
- Negative Sentiment: Unusual options activity: traders bought ~20,216 put contracts in a single session (roughly a 1,036% rise vs. average), signaling a notable increase in bearish bets or hedging demand that could increase near‑term volatility and downside risk. Options flow note (MarketBeat)
Enbridge Stock Up 3.8%
Shares of NYSE:ENB opened at $55.47 on Friday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.55 and a current ratio of 0.63. Enbridge Inc has a 1 year low of $43.59 and a 1 year high of $55.48. The stock has a market capitalization of $121.13 billion, a P/E ratio of 24.12 and a beta of 0.63. The stock has a 50-day simple moving average of $53.55 and a 200-day simple moving average of $49.92.
Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last issued its earnings results on Friday, February 13th. The pipeline company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. Enbridge had a return on equity of 11.19% and a net margin of 11.30%.The business had revenue of $17.18 billion during the quarter, compared to analysts’ expectations of $9.10 billion. During the same quarter in the previous year, the business earned $0.75 EPS. Equities analysts forecast that Enbridge Inc will post 2.2 earnings per share for the current year.
Enbridge 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.
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