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) (TSE:ENB) by 5.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 210,503 shares of the pipeline company’s stock after purchasing an additional 10,824 shares during the period. Soltis Investment Advisors LLC’s holdings in Enbridge were worth $9,786,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Everett Harris & Co. CA lifted its stake in shares of Enbridge by 1.9% in the 3rd quarter. Everett Harris & Co. CA now owns 36,806 shares of the pipeline company’s stock worth $1,711,000 after acquiring an additional 683 shares during the period. Choreo LLC boosted its holdings in shares of Enbridge by 6.5% in the third quarter. Choreo LLC now owns 32,809 shares of the pipeline company’s stock valued at $1,525,000 after acquiring an additional 2,005 shares in the last quarter. D.A. Davidson & CO. boosted its holdings in shares of Enbridge by 1.7% in the third quarter. D.A. Davidson & CO. now owns 186,020 shares of the pipeline company’s stock valued at $8,648,000 after acquiring an additional 3,094 shares in the last quarter. Essential Investment Partners LLC acquired a new position in shares of Enbridge during the third quarter worth about $166,000. Finally, Great Lakes Retirement Inc. increased its stake in shares of Enbridge by 7.3% during the third quarter. Great Lakes Retirement Inc. now owns 32,484 shares of the pipeline company’s stock worth $1,510,000 after acquiring an additional 2,219 shares during the period. 54.60% of the stock is currently owned by hedge funds and other institutional investors.

Enbridge Trading Up 1.4%

NYSE:ENB opened at $49.25 on Friday. Enbridge Inc has a 1 year low of $45.03 and a 1 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 stock has a fifty day moving average price of $48.31 and a two-hundred day moving average price of $52.13. The stock has a market capitalization of $109.78 billion, a price-to-earnings ratio of 26.34, a PEG ratio of 5.83 and a beta of 0.60.

Enbridge (NYSE:ENB) (TSE:ENB) last issued its earnings results on Friday, July 31st. The pipeline company reported $0.46 EPS for the quarter, topping the consensus estimate of $0.43 by $0.03. The company had revenue of $9.70 billion for the quarter, compared to analyst estimates of $8.67 billion. Enbridge had a net margin of 7.20% and a return on equity of 11.17%. During the same period in the previous year, the firm earned $0.65 EPS. As a group, sell-side analysts anticipate that Enbridge Inc will post 2.08 earnings per share for the current fiscal year.

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

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on ENB shares. National Bank Financial raised shares of Enbridge from a “sector perform” rating to an “outperform” rating in a report on Tuesday, September 15th. Weiss Ratings restated a “buy (b)” rating on shares of Enbridge in a research report on Wednesday, August 19th. US Capital Advisors raised Enbridge from a “hold” rating to a “moderate buy” rating in a report on Thursday, August 20th. TD Securities reaffirmed a “buy” rating on shares of Enbridge in a report on Friday, October 16th. Finally, Wolfe Research set a $50.00 target price on Enbridge in a research report on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $65.88.

Enbridge Profile

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.