<div id="readability-page-1"><p>Johnson Financial Group LLC acquired a new position in shares of  Enbridge Inc (NYSE:ENB - Free Report) <span>TSE: ENB<span></span></span> in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 5,876 shares of the pipeline company's stock, valued at approximately $260,000.</p><ul><li>Is Energy Transfer Undervalued or a Value Trap?</li></ul><p>Other hedge funds also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its holdings in shares of  Enbridge by 6.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 438,557 shares of the pipeline company's stock worth $19,431,000 after purchasing an additional 25,071 shares during the period.  Canada Pension Plan Investment Board increased its stake in  Enbridge by 20.0% in the fourth quarter. Canada Pension Plan Investment Board now owns 6,818,919 shares of the pipeline company's stock valued at $289,044,000 after acquiring an additional 1,135,000 shares during the last quarter.  Hartline Investment Corp increased its stake in  Enbridge by 31.3% in the first quarter. Hartline Investment Corp now owns 36,098 shares of the pipeline company's stock valued at $1,600,000 after acquiring an additional 8,610 shares during the last quarter.  Wellington Management Group LLP increased its stake in  Enbridge by 0.7% in the fourth quarter. Wellington Management Group LLP now owns 1,150,521 shares of the pipeline company's stock valued at $48,806,000 after acquiring an additional 7,890 shares during the last quarter.  Finally, JBR Co Financial Management Inc bought a new position in  Enbridge in the first quarter valued at approximately $330,000. 54.60% of the stock is owned by institutional investors. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of analysts have weighed in on ENB shares. BMO Capital Markets  reaffirmed a &#34;market perform&#34; rating on shares of Enbridge in a research note on Monday, May 12th. Wall Street Zen raised shares of Enbridge from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research note on Thursday, May 22nd. National Bankshares  reaffirmed a &#34;sector perform&#34; rating on shares of Enbridge in a research note on Tuesday. Jefferies Financial Group raised shares of Enbridge from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note on Wednesday, July 23rd. Finally, Royal Bank Of Canada  reaffirmed an &#34;outperform&#34; rating and set a $67.00 target price on shares of Enbridge in a research note on Monday, May 12th. Five equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat, the company  has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $67.00.</p><ul><li>3 Top-Performing Non-Leveraged ETFs From 2024 and Into 2025</li></ul><p><b>Check Out Our Latest Stock Analysis on ENB</b></p><h2>Enbridge Price Performance</h2><p>Shares of NYSE:ENB opened at $47.03 on Friday. The firm has a market cap of $102.55 billion, a PE ratio of 23.17, a price-to-earnings-growth ratio of 4.33 and a beta of 0.79. The firm's fifty day moving average is $45.48 and its 200-day moving average is $44.63. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.66 and a current ratio of 0.75. Enbridge Inc has a 52 week low of $38.44 and a 52 week high of $47.44. </p><ul><li>3 Best Dividend Stocks to Buy as Interest Rates Fall</li></ul><p>Enbridge (NYSE:ENB - Get Free Report) <span>TSE: ENB<span></span></span> last issued its quarterly earnings results on Friday, August 1st. The pipeline company reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.06. The company had revenue of $7.14 billion for the quarter, compared to analyst estimates of $10.56 billion. Enbridge had a net margin of 10.11% and a return on equity of 10.77%. During the same quarter in the previous year, the business earned $0.58 earnings per share.  Sell-side analysts predict that  Enbridge Inc will post 2.14 earnings per share for the current year. </p><h2>Enbridge Increases Dividend</h2><p>The company also recently announced a quarterly dividend, which will be paid on Monday, September 1st. Investors of record on Friday, August 15th will be issued a $0.6839 dividend. The ex-dividend date is Friday, August 15th. This is a positive change from Enbridge's previous quarterly dividend of $0.68. This represents a $2.74 annualized dividend and a yield of 5.8%. Enbridge's dividend payout ratio (DPR) is presently 133.99%. </p><h2>Enbridge Company Profile</h2> (Free Report)<p>Enbridge Inc, together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Enbridge</li><li>Why Understanding Call Option Volume is Essential to Successful Options Trading</li><li>MarketBeat Week in Review – 08/04 - 08/08</li><li>What is a Stock Market Index and How Do You Use Them?</li><li>Airbnb Beats Earnings, But the Growth Story Is Losing Altitude</li><li>How to Capture the Benefits of Dividend Increases</li><li>Netflix Bulls vs. Bears: Who Wins This Pullback?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVOQg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVOQg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Enbridge Right Now?</h2><p>Before you consider Enbridge, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enbridge wasn't on the list.</p><p>While Enbridge currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Johnson Financial Group LLC has made a new investment of approximately $260,000 in Enbridge Inc (NYSE:ENB), acquiring 5,876 shares in the first quarter. Other institutional investors have also increased their stakes in Enbridge, with notable increases from Wealth Enhancement Advisory Services LLC and Canada Pension Plan Investment Board. Analysts have given mixed ratings on Enbridge, with a consensus rating of "Moderate Buy" and a target price of $67.00. Enbridge recently reported earnings of $0.47 per share and announced a quarterly dividend of $0.6839, reflecting a yield of 5.8%.</p>

Johnson Financial Group LLC Makes New $260,000 Investment in Enbridge Inc (NYSE:ENB)