Enbridge Inc $ENB Stock Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its holdings in Enbridge Inc (NYSE:ENB) (TSE:ENB) by 9.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 330,925 shares of the pipeline company’s stock after buying an additional 28,911 shares during the period. Kestra Advisory Services LLC’s holdings in Enbridge were worth $15,385,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in ENB. Arlington Trust Co LLC grew its position in Enbridge by 114.6% during 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 in the last quarter. GK Wealth Management LLC acquired a new position in Enbridge in the 3rd quarter valued at $25,000. Signature Equity Partners LLC raised its holdings in Enbridge by 476.5% in the 3rd quarter. Signature Equity Partners LLC now owns 588 shares of the pipeline company’s stock valued at $27,000 after acquiring an additional 486 shares in the last quarter. Quintet Private Bank Europe S.A. raised its holdings in Enbridge by 100.0% in the 3rd quarter. Quintet Private Bank Europe S.A. now owns 600 shares of the pipeline company’s stock valued at $28,000 after acquiring an additional 300 shares in the last quarter. Finally, City Holding Co. lifted its position in shares of Enbridge by 121.5% during the 2nd quarter. City Holding Co. now owns 649 shares of the pipeline company’s stock valued at $35,000 after acquiring an additional 356 shares during the period. 54.60% of the stock is currently owned by institutional investors.

More Enbridge News

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Enbridge reported third-quarter adjusted earnings of C$0.39 per share, above the C$0.36 consensus, with revenue also topping estimates. Profit rose substantially from a year earlier, supported in part by its natural gas businesses. Article: Enbridge Q3 Earnings and Revenues Top Estimates
• Positive Sentiment: The company reaffirmed its 2026 financial guidance and said more than C$3 billion of gas transmission projects entered service, supporting its growth and earnings outlook. Article: Enbridge Reports Strong Third Quarter Results
• Neutral Sentiment: Enbridge is exploring a pipeline role in Canada’s Pathways carbon-capture network. It also plans to acquire Tallgrass Crude to expand its Rockies pipeline corridor; these opportunities could add growth, though the reports do not detail their financial impact. Article: Enbridge and the Pathways carbon-capture network
• Neutral Sentiment: CEO Greg Ebel is set to retire in January, with Michele Harradence stepping up. The planned transition could be worth watching, but no change in strategy is reported. Article: Enbridge CEO to Retire

Analyst Ratings Changes

Several analysts have recently issued reports on ENB shares. National Bank Financial raised Enbridge from a “sector perform” rating to an “outperform” rating in a report on Tuesday, September 15th. Weiss Ratings downgraded Enbridge from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, November 2nd. US Capital Advisors raised Enbridge from a “hold” rating to a “moderate buy” rating in a research note on Thursday, August 20th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Enbridge in a research report on Monday, September 14th. Finally, Royal Bank Of Canada increased their price objective on shares of Enbridge from $79.00 to $84.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $65.88.

Enbridge Stock Performance

NYSE ENB opened at $46.84 on Monday. The firm’s fifty day moving average price is $48.10 and its two-hundred day moving average price is $52.18. The stock has a market cap of $104.39 billion, a PE ratio of 22.96, a PEG ratio of 5.63 and a beta of 0.59. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.66 and a current ratio of 0.72. Enbridge Inc has a fifty-two week low of $45.03 and a fifty-two week high of $58.45.

Enbridge (NYSE:ENB) (TSE:ENB) last announced its quarterly earnings results on Friday, November 6th. The pipeline company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.03. Enbridge had a return on equity of 11.68% and a net margin of 7.37%. The company had revenue of $21.08 billion during the quarter, compared to analysts’ expectations of $9.62 billion. On average, equities analysts expect that Enbridge Inc will post 2.08 EPS for the current fiscal year.

Enbridge Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be issued a C$0.97 dividend. This represents a $3.88 dividend on an annualized basis and a yield of 8.3%. The ex-dividend date of this dividend is Friday, November 13th. Enbridge’s dividend payout ratio is presently 147.06%.

Enbridge Profile

Enbridge Inc is a North American energy infrastructure company that transports and distributes energy. Its businesses include crude oil and liquids pipelines, natural gas transmission and storage, and natural gas utilities that serve homes and businesses.

Founded in 1949 as Interprovincial Pipe Line Company, Enbridge has grown into a cross-border operator serving customers and energy markets in Canada and the United States. Its infrastructure moves crude oil, natural gas and natural gas liquids, connecting producers with refineries, utilities and other markets.

Enbridge also invests in renewable power, including wind and solar projects, alongside its energy transportation and distribution operations.