GQG Partners LLC Has $2.66 Billion Position in Enbridge Inc $ENB

GQG Partners LLC lessened its holdings in Enbridge Inc (NYSE:ENB) (TSE:ENB) by 35.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 49,084,876 shares of the pipeline company’s stock after selling 27,341,904 shares during the period. Enbridge comprises 4.9% of GQG Partners LLC’s holdings, making the stock its 4th biggest position. GQG Partners LLC owned 2.25% of Enbridge worth $2,660,876,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Triumph Capital Management bought a new position in Enbridge in the third quarter worth approximately $26,000. Arlington Trust Co LLC boosted its position in Enbridge by 114.6% during the 2nd quarter. Arlington Trust Co LLC now owns 500 shares of the pipeline company’s stock valued at $27,000 after acquiring an additional 267 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new position in shares of Enbridge in the 3rd quarter valued at $28,000. Inspire Investing LLC purchased a new position in shares of Enbridge in the 4th quarter valued at $29,000. Finally, Garner Asset Management Corp bought a new position in shares of Enbridge in the 4th quarter worth $30,000. 54.60% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Royal Bank Of Canada upped their price objective on Enbridge from $79.00 to $84.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Enbridge in a research note on Monday, May 11th. US Capital Advisors raised shares of Enbridge from a “hold” rating to a “moderate buy” rating in a research report on Thursday. BMO Capital Markets restated a “market perform” rating on shares of Enbridge in a report on Monday, August 3rd. Finally, Wall Street Zen raised shares of Enbridge from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Five analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $67.00.

Enbridge Stock Performance

Shares of ENB opened at $50.48 on Friday. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 1.69. The firm has a market cap of $110.25 billion, a PE ratio of 26.99 and a beta of 0.58. Enbridge Inc has a 12 month low of $45.03 and a 12 month high of $58.45. The stock has a fifty day moving average price of $54.14 and a 200-day moving average price of $53.99.

Enbridge (NYSE:ENB) (TSE:ENB) last announced its earnings results on Friday, July 31st. The pipeline company reported $0.46 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.03. Enbridge had a return on equity of 11.17% and a net margin of 7.20%.The firm had revenue of $9.70 billion for the quarter, compared to the consensus estimate of $8.67 billion. During the same period in the previous year, the business earned $0.65 EPS. Equities research analysts predict that Enbridge Inc will post 2.11 earnings per share for the current fiscal year.

Enbridge Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 14th will be issued a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 7.7%. The ex-dividend date of this dividend is Friday, August 14th. Enbridge’s dividend payout ratio (DPR) is currently 147.06%.

Enbridge News Roundup

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: US Capital Advisors upgraded Enbridge from “hold” to “moderate buy,” signaling improved confidence in the company’s risk-reward profile at recent valuation levels. Zacks.com
• Positive Sentiment: US Capital Advisors raised its earnings forecasts across several periods. Estimates increased to $0.43 per share for Q3 2026, $0.61 for Q4 2026, $0.48 for Q2 2027, $0.46 for Q3 2027 and $0.69 for Q4 2027. Its FY2027 forecast rose to $2.41 per share from $2.24, above the current full-year consensus of $2.11. These revisions suggest expectations for stronger earnings momentum. MarketBeat analyst estimates
• Positive Sentiment: Enbridge’s long dividend-growth record remains attractive to income investors. The company has increased its dividend for 31 consecutive years, and the recent share-price pullback may improve its yield and valuation appeal. Enbridge dividend analysis
• Neutral Sentiment: Some analysis suggests Enbridge is fairly valued after generating roughly a 93% total return over five years, limiting the potential for near-term multiple expansion despite its infrastructure cash flows. Enbridge valuation analysis
• Negative Sentiment: Risks include weaker second-quarter results, elevated leverage and competition. Enbridge has a roughly CAD 41 billion secured growth backlog, but competing egress pipelines could pressure volumes on its Mainline System, which contributes about one-third of EBITDA. Debt-to-EBITDA of approximately 5.1 times also exceeds the company’s preferred range and leaves earnings more exposed to interest costs. Enbridge growth backlog and Mainline risks

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.