Sei Investments Co. Purchases 59,852 Shares of Enbridge Inc $ENB

Sei Investments Co. raised its holdings in shares of Enbridge Inc (NYSE:ENB) (TSE:ENB) by 39.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 210,994 shares of the pipeline company’s stock after purchasing an additional 59,852 shares during the period. Sei Investments Co.’s holdings in Enbridge were worth $11,423,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Triumph Capital Management acquired a new stake in shares of Enbridge during the 3rd quarter worth approximately $26,000. Turning Point Benefit Group Inc. acquired a new position in Enbridge in the third quarter valued at approximately $28,000. Inspire Investing LLC acquired a new position in Enbridge in the fourth quarter valued at approximately $29,000. Garner Asset Management Corp bought a new position in Enbridge in the fourth quarter valued at approximately $30,000. Finally, Imprint Wealth LLC bought a new position in Enbridge in the third quarter valued at approximately $31,000. Institutional investors own 54.60% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on ENB. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enbridge in a report on Friday, May 22nd. Royal Bank Of Canada increased their price target on Enbridge from $76.00 to $79.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. Wall Street Zen upgraded Enbridge from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Enbridge in a research note on Monday, May 11th. Finally, Raymond James Financial downgraded Enbridge from an “outperform” rating to a “market perform” rating in a report on Friday. Five equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $66.50.

Enbridge Stock Down 1.9%

Enbridge stock opened at $54.40 on Friday. The firm has a market capitalization of $118.81 billion, a price-to-earnings ratio of 25.54 and a beta of 0.58. The company’s 50 day simple moving average is $55.52 and its 200 day simple moving average is $53.57. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.81 and a quick ratio of 0.73. Enbridge Inc has a fifty-two week low of $44.80 and a fifty-two week high of $58.45.

Enbridge (NYSE:ENB) (TSE:ENB) last issued its earnings results on Friday, July 31st. The pipeline company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.43 by $0.03. The firm had revenue of $9.70 billion during the quarter, compared to the consensus estimate of $8.67 billion. Enbridge had a net margin of 9.83% and a return on equity of 11.21%. During the same quarter in the prior year, the firm earned $0.65 earnings per share. As a group, sell-side analysts anticipate that Enbridge Inc will post 2.13 EPS for the current year.

Enbridge Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be issued a $0.97 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $3.88 annualized dividend and a dividend yield of 7.1%. Enbridge’s payout ratio is 129.11%.

Key Headlines Impacting Enbridge

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Enbridge reported second-quarter 2026 results above analyst expectations, with EPS estimates ranging from $0.46 to $0.63 depending on the reporting measure versus consensus near $0.43–$0.44. The company reaffirmed its 2026 guidance and increased its secured backlog to $41 billion, supporting the outlook for long-term, largely contracted growth. Enbridge second-quarter results and guidance
• Neutral Sentiment: Several recent analyst estimate changes were mixed: US Capital Advisors raised some 2026–2027 quarterly forecasts but reduced estimates for early 2027 and fiscal 2028. The revisions suggest limited changes to the broader earnings outlook, with full-year consensus remaining around $2.13 per share. Enbridge analyst estimates
• Negative Sentiment: Raymond James downgraded ENB from “outperform” to “market perform,” removing a potential catalyst for the shares and signaling more limited expected upside at current valuation levels. Raymond James downgrade
• Negative Sentiment: Enbridge postponed the second phase of its Mainline oil pipeline expansion, which would have added 250,000 barrels per day. The delay reflects insufficient producer commitments to increase output and could defer projected growth and capital deployment benefits. Mainline expansion postponement
• Negative Sentiment: A U.S. appeals court found that an Enbridge pipeline trespassed on Wisconsin tribal land. Although the company received additional time to reroute the line, it faces potential relocation costs and recalculated damages. Wisconsin pipeline trespass ruling

About Enbridge

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.