10,824 Enbridge Inc $ENB Shares Purchased by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC increased its stake in shares of Enbridge Inc (NYSE:ENB – Free Report) (TSE:ENB) by 5.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 210,503 shares of the pipeline company’s stock after acquiring an additional 10,824 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Enbridge were worth $9,786,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Retirement Planning Group LLC grew its holdings in shares of Enbridge by 3.6% during the first quarter. Retirement Planning Group LLC now owns 5,357 shares of the pipeline company’s stock worth $290,000 after purchasing an additional 187 shares during the last quarter. Bank & Trust Co increased its position in shares of Enbridge by 0.6% during the second quarter. Bank & Trust Co now owns 33,276 shares of the pipeline company’s stock worth $1,804,000 after purchasing an additional 193 shares in the last quarter. Cornerstone Wealth Management LLC increased its position in shares of Enbridge by 0.6% during the second quarter. Cornerstone Wealth Management LLC now owns 31,543 shares of the pipeline company’s stock worth $1,710,000 after purchasing an additional 194 shares in the last quarter. PFG Investments LLC lifted its holdings in shares of Enbridge by 0.9% in the 1st quarter. PFG Investments LLC now owns 22,208 shares of the pipeline company’s stock valued at $1,202,000 after purchasing an additional 202 shares during the last quarter. Finally, Clearwave Capital LLC lifted its holdings in shares of Enbridge by 0.9% in the 2nd quarter. Clearwave Capital LLC now owns 22,033 shares of the pipeline company’s stock valued at $1,194,000 after purchasing an additional 204 shares during the last quarter. 54.60% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Enbridge

Here are the key news stories impacting Enbridge this week:

  • Positive Sentiment: Enbridge outperformed the broader market during the latest trading session, suggesting investors viewed its defensive, pipeline-focused business model favorably amid market weakness. Enbridge Gains As Market Dips: What You Should Know
  • Positive Sentiment: US Capital Advisors raised its FY2028 EPS forecast modestly to $2.64 from $2.62 and maintained a “Moderate Buy” rating, supporting the view that earnings growth could improve over the longer term. Enbridge analyst estimates
  • Positive Sentiment: Enbridge continues to attract attention as a high-yield dividend stock. That income appeal may support demand, particularly for investors seeking relatively defensive cash flow, though higher Treasury yields increase competition for dividend investments. High-Yield Dividend Stocks
  • Neutral Sentiment: Heavy investor searches for ENB indicate elevated market interest, but the report provides no new operating or financial catalyst by itself. Investors Heavily Search Enbridge
  • Negative Sentiment: US Capital Advisors reduced EPS forecasts for Q3 2026 to $0.37 from $0.43, Q1 2027 to $0.77 from $0.78, Q3 2027 to $0.45 from $0.46, Q4 2027 to $0.65 from $0.69, and FY2027 to $2.35 from $2.41. The cuts signal softer near-term expectations, despite the continued “Moderate Buy” rating. Enbridge earnings estimate revisions

Enbridge Trading Up 1.4%

NYSE ENB opened at $49.25 on Friday. The firm’s fifty day moving average is $48.31 and its two-hundred day moving average is $52.13. Enbridge Inc has a one year low of $45.03 and a one year high of $58.45. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.66 and a current ratio of 0.72. The firm has a market cap of $109.78 billion, a PE ratio of 26.34, a P/E/G ratio of 5.83 and a beta of 0.60.

Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last announced its earnings results on Friday, July 31st. The pipeline company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.03. Enbridge had a net margin of 7.20% and a return on equity of 11.17%. The business had revenue of $9.70 billion during the quarter, compared to the consensus estimate of $8.67 billion. During the same quarter in the prior year, the firm earned $0.65 earnings per share. Analysts expect that Enbridge Inc will post 2.08 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently issued reports on ENB shares. Wall Street Zen raised Enbridge from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Wolfe Research set a $50.00 price target on Enbridge in a research report on Tuesday, August 4th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of Enbridge in a research note on Thursday, October 22nd. TD Securities reissued a “buy” rating on shares of Enbridge in a report on Friday, October 16th. Finally, Raymond James Financial reissued a “market perform” rating on shares of Enbridge in a report on Tuesday, September 15th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Enbridge currently has a consensus rating of “Moderate Buy” and an average price target of $65.88.

Get Our Latest Stock Report on Enbridge

Enbridge Company Profile

(Free Report)

Enbridge Inc is a Canadian energy infrastructure company that operates one of the largest pipeline and energy delivery networks in North America. Its businesses transport crude oil and other liquid hydrocarbons, move and store natural gas, and deliver natural gas to residential, commercial and industrial customers.

The company’s operations span Canada and the United States, including extensive pipeline systems serving major producing regions, refineries and population centers. Enbridge also develops and operates renewable power assets, including offshore and onshore wind projects, solar facilities and other lower-carbon energy infrastructure.

Enbridge traces its history to the Interprovincial Pipe Line Company, founded in 1949 to transport Canadian crude oil.

Further Reading

Institutional Ownership by Quarter for Enbridge (NYSE:ENB)

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