Enbridge Inc $ENB Shares Sold by Allianz Asset Management GmbH

Allianz Asset Management GmbH reduced its position in shares of Enbridge Inc (NYSE:ENB) (TSE:ENB) by 6.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,179,792 shares of the pipeline company’s stock after selling 77,545 shares during the quarter. Allianz Asset Management GmbH owned about 0.05% of Enbridge worth $59,532,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ENB. Brighton Jones LLC acquired a new position in Enbridge in the 4th quarter worth about $261,000. AQR Capital Management LLC grew its position in Enbridge by 68.5% in the first quarter. AQR Capital Management LLC now owns 28,533 shares of the pipeline company’s stock valued at $1,264,000 after acquiring an additional 11,599 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in Enbridge by 22.5% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,189 shares of the pipeline company’s stock valued at $416,000 after purchasing an additional 1,689 shares in the last quarter. Wealthcare Advisory Partners LLC lifted its position in shares of Enbridge by 11.6% during the second quarter. Wealthcare Advisory Partners LLC now owns 14,082 shares of the pipeline company’s stock worth $638,000 after purchasing an additional 1,463 shares in the last quarter. Finally, Belpointe Asset Management LLC raised its holdings in Enbridge by 5.6% during the 2nd quarter. Belpointe Asset Management LLC now owns 8,994 shares of the pipeline company’s stock worth $408,000 after purchasing an additional 478 shares during the last quarter. Hedge funds and other institutional investors own 54.60% of the company’s stock.

More Enbridge News

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Federal energy regulator recommends approval of an Enbridge pipeline expansion, which improves the outlook for future cash flow and capacity growth and reduces regulatory uncertainty around that project. Federal energy regulator recommends approval of Enbridge pipeline expansion
• Positive Sentiment: The U.S. Justice Department filed to weigh in on Line 5 litigation — a federal-level filing that could bolster Enbridge’s legal arguments (for example, federal preemption/interest) and increase the probability of a favorable outcome for continued operations or quicker resolution. U.S. Justice Department weighs in on Enbridge Line 5 litigation
• Positive Sentiment: Investor commentary is emphasizing Enbridge’s attractive yield and reiterated guidance (Adjusted EBITDA and DCF/share targets), reinforcing the income thesis and steady cash-flow expectations that support the dividend. This bull case is being highlighted in recent analyst/commentary pieces. Enbridge: The 6% Dividend Yield Is Still Very Attractive
• Positive Sentiment: Market-note coverage observed ENB rising while the broader market declined, signaling relative strength and short-term buying interest. That intra-day strength is consistent with the regulatory and dividend-positive headlines. Enbridge (ENB) Advances While Market Declines
• Neutral Sentiment: Analyst model update: US Capital Advisors trimmed FY2026 EPS slightly (from $2.15 to $2.14) — effectively a rounding change that leaves consensus intact and is unlikely to materially change the dividend/cash-flow story. MarketBeat ENB coverage (analyst note)
• Negative Sentiment: Legal risk remains: a Traverse City nonprofit filed a reply brief in the Michigan Supreme Court regarding the Line 5 tunnel permit, keeping state-level challenges and timing risk alive — this could delay approvals or create operational/legal costs if unfavorable rulings persist. Traverse City Nonprofit Files Reply Brief in Line 5 tunnel permit case

Enbridge Stock Up 1.7%

Enbridge stock opened at $50.15 on Thursday. Enbridge Inc has a 1-year low of $39.73 and a 1-year high of $50.54. The firm has a market capitalization of $109.41 billion, a price-to-earnings ratio of 27.55 and a beta of 0.69. The firm’s fifty day moving average price is $47.52 and its two-hundred day moving average price is $47.66. 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 released its quarterly earnings results on Friday, November 7th. The pipeline company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.06). The company had revenue of $7 billion during the quarter, compared to analysts’ expectations of $8.45 billion. Enbridge had a net margin of 9.20% and a return on equity of 10.51%. During the same period in the previous year, the company posted $0.55 earnings per share. On average, equities research analysts predict that Enbridge Inc will post 2.14 earnings per share for the current fiscal year.

Enbridge Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Tuesday, February 17th will be issued a $0.97 dividend. This is an increase from Enbridge’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $3.88 annualized dividend and a yield of 7.7%. Enbridge’s payout ratio is 147.80%.

Wall Street Analyst Weigh In

ENB has been the subject of several recent analyst reports. Cibc World Mkts downgraded shares of Enbridge from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 9th. Royal Bank Of Canada increased their price objective on shares of Enbridge from $67.00 to $72.00 and gave the company an “outperform” rating in a research report on Monday, November 10th. Weiss Ratings lowered shares of Enbridge from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 26th. Scotiabank upgraded Enbridge from a “sector perform” rating to a “sector outperform” rating in a research note on Friday, January 16th. Finally, CIBC cut Enbridge from an “outperform” rating to a “neutral” rating in a report on Thursday, October 9th. Five investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $63.00.

Enbridge 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.