Morgan Stanley Institutional Investment Advisors LLC Sells 48,148 Shares of Enbridge Inc $ENB

Morgan Stanley Institutional Investment Advisors LLC cut its holdings in Enbridge Inc (NYSE:ENB) (TSE:ENB) by 0.6% during the 2nd quarter, Holdings Channel.com reports. The fund owned 7,388,875 shares of the pipeline company’s stock after selling 48,148 shares during the quarter. Enbridge accounts for about 37.4% of Morgan Stanley Institutional Investment Advisors LLC’s portfolio, making the stock its biggest position. Morgan Stanley Institutional Investment Advisors LLC’s holdings in Enbridge were worth $400,551,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of ENB. Arlington Trust Co LLC grew its position in Enbridge by 114.6% in the second quarter. Arlington Trust Co LLC now owns 500 shares of the pipeline company’s stock worth $27,000 after buying an additional 267 shares during the last quarter. Triumph Capital Management acquired a new position in shares of Enbridge in the 3rd quarter worth $26,000. Turning Point Benefit Group Inc. acquired a new position in shares of Enbridge in the 3rd quarter worth $28,000. Inspire Investing LLC purchased a new stake in shares of Enbridge during the fourth quarter valued at $29,000. Finally, Imprint Wealth LLC acquired a new position in shares of Enbridge in the 3rd quarter valued at $31,000. 54.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ENB. US Capital Advisors raised Enbridge from a “hold” rating to a “moderate buy” rating in a research note on Thursday. TD Securities reaffirmed a “hold” rating on shares of Enbridge in a research note on Thursday, July 16th. Wolfe Research set a $50.00 target price on shares of Enbridge in a report on Tuesday, August 4th. BMO Capital Markets reiterated a “market perform” rating on shares of Enbridge in a report on Monday, August 3rd. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Enbridge in a research report on Monday, May 11th. Five equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $67.00.

Enbridge Stock Up 0.0%

Shares of Enbridge stock opened at $50.48 on Monday. Enbridge Inc has a 1 year low of $45.03 and a 1 year high of $58.45. The company has a market cap of $110.25 billion, a P/E ratio of 26.99 and a beta of 0.58. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 1.69. The stock has a 50-day moving average price of $54.14 and a 200 day moving average price of $54.03.

Enbridge (NYSE:ENB) (TSE:ENB) last released its earnings results on Friday, July 31st. The pipeline company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.03. The company had revenue of $9.70 billion for the quarter, compared to analysts’ expectations of $8.67 billion. Enbridge had a return on equity of 11.17% and a net margin of 7.20%.During the same quarter in the previous year, the business posted $0.65 EPS. As a group, analysts expect that Enbridge Inc will post 2.11 EPS for the current fiscal year.

Enbridge Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be issued a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a dividend yield of 7.7%. The ex-dividend date is Friday, August 14th. Enbridge’s dividend payout ratio (DPR) is currently 147.06%.

Enbridge News Roundup

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: US Capital Advisors upgraded Enbridge from “hold” to “moderate buy,” signaling improved confidence in the company’s risk-reward profile at recent valuation levels. Zacks.com
• Positive Sentiment: US Capital Advisors raised its earnings forecasts across several periods. Estimates increased to $0.43 per share for Q3 2026, $0.61 for Q4 2026, $0.48 for Q2 2027, $0.46 for Q3 2027 and $0.69 for Q4 2027. Its FY2027 forecast rose to $2.41 per share from $2.24, above the current full-year consensus of $2.11. These revisions suggest expectations for stronger earnings momentum. MarketBeat analyst estimates
• Positive Sentiment: Enbridge’s long dividend-growth record remains attractive to income investors. The company has increased its dividend for 31 consecutive years, and the recent share-price pullback may improve its yield and valuation appeal. Enbridge dividend analysis
• Neutral Sentiment: Some analysis suggests Enbridge is fairly valued after generating roughly a 93% total return over five years, limiting the potential for near-term multiple expansion despite its infrastructure cash flows. Enbridge valuation analysis
• Negative Sentiment: Risks include weaker second-quarter results, elevated leverage and competition. Enbridge has a roughly CAD 41 billion secured growth backlog, but competing egress pipelines could pressure volumes on its Mainline System, which contributes about one-third of EBITDA. Debt-to-EBITDA of approximately 5.1 times also exceeds the company’s preferred range and leaves earnings more exposed to interest costs. Enbridge growth backlog and Mainline risks

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.