Shell Asset Management Co. Reduces Stake in Enbridge Inc $ENB

Shell Asset Management Co. trimmed its position in shares of Enbridge Inc (NYSE:ENB) (TSE:ENB) by 45.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 112,346 shares of the pipeline company’s stock after selling 92,515 shares during the quarter. Enbridge makes up 0.6% of Shell Asset Management Co.’s portfolio, making the stock its 18th biggest holding. Shell Asset Management Co.’s holdings in Enbridge were worth $5,669,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Tsfg LLC raised its stake in shares of Enbridge by 329.6% during the 3rd quarter. Tsfg LLC now owns 494 shares of the pipeline company’s stock worth $25,000 after buying an additional 379 shares during the last quarter. Highline Wealth Partners LLC increased its holdings in Enbridge by 73.1% during the 3rd quarter. Highline Wealth Partners LLC now owns 559 shares of the pipeline company’s stock valued at $28,000 after acquiring an additional 236 shares in the last quarter. Whipplewood Advisors LLC raised its position in Enbridge by 112.4% during the second quarter. Whipplewood Advisors LLC now owns 582 shares of the pipeline company’s stock worth $26,000 after acquiring an additional 308 shares during the last quarter. True Wealth Design LLC lifted its holdings in shares of Enbridge by 588.2% in the third quarter. True Wealth Design LLC now owns 585 shares of the pipeline company’s stock valued at $30,000 after purchasing an additional 500 shares in the last quarter. Finally, Financial Gravity Companies Inc. acquired a new stake in shares of Enbridge in the second quarter valued at approximately $29,000. Institutional investors and hedge funds own 54.60% of the company’s stock.

Enbridge News Roundup

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Record 2025 results and reaffirmed guidance — Enbridge posted record full‑year earnings of CAD $7.1B (≈$3.23/sh) for 2025 and reiterated its 2026 financial guidance, while growing secured backlog to $39B, supporting longer‑term cash‑flow visibility. Read More.
• Positive Sentiment: Quarterly beat — Q4 results topped estimates on both earnings and revenue, driven by stronger gas and liquids volumes from higher power and nat‑gas demand, which analysts point to as the main driver of the beat. Read More.
• Positive Sentiment: Market reaction to strong metrics — Detailed releases show EPS and revenue upside versus consensus (company materials and analyst writeups), which is encouraging for near‑term earnings expectations and supports the dividend/cash‑flow story. Read More.
• Positive Sentiment: Unusual bullish options activity — Large call buying (≈81,448 calls, ~3,399% above typical daily call volume) suggests speculative or hedged bullish positioning that can add short‑term buying pressure.
• Neutral Sentiment: Regulatory/filing housekeeping — Enbridge filed its 2025 Form 10‑K, audited financials and set a virtual shareholder meeting; standard disclosure that reduces information uncertainty. Read More.
• Neutral Sentiment: Analyst commentary mixed on longer‑term crude vs. gas dynamics — Some coverage highlights higher dividend potential and Q4 tailwinds from nat‑gas but mixed sentiment remains around crude volume headwinds. Read More.
• Negative Sentiment: Potential competitive headwind from rising crude imports — Reports note increased Venezuelan oil headed to the U.S. Gulf Coast could pressure some crude flows and midstream volumes; management says it’s unfazed, but rising imports are a risk to watch for pipeline throughput. Read More.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on ENB shares. National Bank Financial restated a “sector perform” rating on shares of Enbridge in a research report on Monday, November 10th. Scotiabank raised Enbridge from a “sector perform” rating to a “sector outperform” rating in a report on Friday, January 16th. Zacks Research raised Enbridge from a “strong sell” rating to a “hold” rating in a research note on Monday, December 29th. Royal Bank Of Canada boosted their target price on shares of Enbridge from $67.00 to $72.00 and gave the company an “outperform” rating in a research note on Monday, November 10th. Finally, JPMorgan Chase & Co. cut shares of Enbridge from an “overweight” rating to a “neutral” rating in a research note on Tuesday, January 27th. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $63.00.

Enbridge Stock Performance

Enbridge stock opened at $53.86 on Friday. The stock has a fifty day moving average price of $47.96 and a 200 day moving average price of $47.97. Enbridge Inc has a 52 week low of $39.73 and a 52 week high of $54.20. The firm has a market capitalization of $117.52 billion, a P/E ratio of 23.42 and a beta of 0.69. The company has a current ratio of 0.80, a quick ratio of 0.68 and a debt-to-equity ratio of 1.64.

Enbridge (NYSE:ENB) (TSE:ENB) last posted its quarterly earnings results on Friday, February 13th. The pipeline company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.60 by $0.03. Enbridge had a return on equity of 10.51% and a net margin of 9.20%.The company 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 research analysts anticipate that Enbridge Inc will post 2.14 earnings per share for the current year.

Enbridge Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Tuesday, February 17th will be given a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 7.2%. This is a positive change from Enbridge’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend is Tuesday, February 17th. Enbridge’s dividend payout ratio (DPR) is currently 147.80%.

Enbridge Company 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.