Davis Rea LTD. Has $5.11 Million Holdings in Enbridge Inc $ENB

Davis Rea LTD. reduced its position in Enbridge Inc (NYSE:ENB) (TSE:ENB) by 50.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 106,781 shares of the pipeline company’s stock after selling 109,319 shares during the quarter. Enbridge makes up about 1.3% of Davis Rea LTD.’s investment portfolio, making the stock its 24th largest holding. Davis Rea LTD.’s holdings in Enbridge were worth $5,113,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Tsfg LLC increased its position in Enbridge by 329.6% in the 3rd quarter. Tsfg LLC now owns 494 shares of the pipeline company’s stock worth $25,000 after purchasing an additional 379 shares during the last quarter. Triumph Capital Management bought a new stake in shares of Enbridge during the 3rd quarter worth about $26,000. Turning Point Benefit Group Inc. bought a new stake in shares of Enbridge during the 3rd quarter worth about $28,000. True Wealth Design LLC boosted its stake in shares of Enbridge by 588.2% during the 3rd quarter. True Wealth Design LLC now owns 585 shares of the pipeline company’s stock worth $30,000 after acquiring an additional 500 shares in the last quarter. Finally, Imprint Wealth LLC bought a new stake in shares of Enbridge during the 3rd quarter worth about $31,000. 54.60% of the stock is owned by institutional investors and hedge funds.

More Enbridge News

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Company highlighted its long dividend growth streak and a large project backlog, reinforcing confidence in stable cash flows that support shareholder returns and long‑term capital spending — a yield and growth narrative that typically attracts income investors. Article Title
• Positive Sentiment: An Enbridge subsidiary secured presidential permits for cross‑border pipelines, which reduces execution risk on certain international projects and supports future fee‑based cash flows. Article Title
• Neutral Sentiment: Analyst update: Scotiabank trimmed its FY2026 EPS forecast slightly (from $2.25 to $2.22) but kept an Outperform rating — a mild earnings revision that signals limited change to the investment thesis. Article Title
• Neutral Sentiment: Investor attention is elevated — ENB has been among the most searched stocks on Zacks/finance outlets this week, which can boost volume and short‑term momentum but is not a directional fundamental catalyst by itself. Article Title
• Negative Sentiment: The U.S. Supreme Court rejected Enbridge’s bid to move the Line 5 legal fight to federal court, sending the dispute back to Michigan state courts — increasing jurisdictional uncertainty and prolonging regulatory/legal risk for that asset. This headline can pressure sentiment around operational/regulatory exposure even if it doesn’t immediately affect cash flows. Article Title

Analyst Ratings Changes

ENB has been the subject of several recent analyst reports. Scotiabank reiterated an “outperform” rating on shares of Enbridge in a research note on Tuesday, February 17th. Royal Bank Of Canada upped their price target on Enbridge from $72.00 to $76.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 17th. JPMorgan Chase & Co. downgraded Enbridge from an “overweight” rating to a “neutral” rating in a research note on Tuesday, January 27th. Raymond James Financial upgraded Enbridge to a “moderate buy” rating in a research note on Tuesday, February 17th. Finally, TD Securities downgraded Enbridge from a “buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $65.00.

Enbridge Price Performance

Shares of NYSE:ENB opened at $52.54 on Friday. The business has a 50 day moving average price of $53.43 and a 200 day moving average price of $49.75. Enbridge Inc has a twelve month low of $43.59 and a twelve month high of $55.44. The company has a market cap of $114.73 billion, a price-to-earnings ratio of 22.84 and a beta of 0.63. The company has a quick ratio of 0.55, a current ratio of 0.63 and a debt-to-equity ratio of 1.70.

Enbridge (NYSE:ENB) (TSE:ENB) last announced its earnings results on Friday, February 13th. The pipeline company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.03. Enbridge had a return on equity of 11.19% and a net margin of 11.30%.The firm had revenue of $17.18 billion during the quarter, compared to the consensus estimate of $9.10 billion. During the same quarter in the prior year, the company earned $0.75 EPS. Research analysts predict that Enbridge Inc will post 2.23 earnings per share for the current year.

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.