<div id="readability-page-1"><p>Stokes Capital Advisors LLC cut its position in  Enbridge Inc (NYSE:ENB - Free Report) <span>TSE: ENB<span></span></span> by 22.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 83,559 shares of the pipeline company's stock after selling 24,534 shares during the period. Stokes Capital Advisors LLC's holdings in Enbridge were worth $4,216,000 as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>4 Canadian Oil Stocks That Are Filling the Heavy Crude Gap</li></ul><p>Other institutional investors and hedge funds have also recently bought and sold shares of the company. Whipplewood Advisors LLC increased its stake in  Enbridge by 112.4% in the second quarter. Whipplewood Advisors LLC now owns 582 shares of the pipeline company's stock valued at $26,000 after purchasing an additional 308 shares during the period.  Financial Gravity Companies Inc. purchased a new position in shares of  Enbridge in the 2nd quarter valued at approximately $29,000.  Twin Peaks Wealth Advisors LLC acquired a new position in shares of  Enbridge in the second quarter valued at approximately $31,000.  Addison Advisors LLC acquired a new position in shares of  Enbridge in the second quarter valued at approximately $35,000.  Finally, FNY Investment Advisers LLC acquired a new position in shares of  Enbridge in the second quarter worth $36,000. Hedge funds and other institutional investors own  54.60% of the company's stock. </p><h2>Enbridge Trading Down 0.4%</h2><p>NYSE ENB opened at $46.73 on Friday. The firm has a market capitalization of $101.93 billion, a price-to-earnings ratio of 25.68 and a beta of 0.68. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.68 and a current ratio of 0.80. Enbridge Inc has a one year low of $39.73 and a one year high of $50.54. The company's 50 day moving average price is $47.57 and its 200 day moving average price is $47.16. </p><ul><li>Is Energy Transfer Undervalued or a Value Trap?</li></ul><p>Enbridge (NYSE:ENB - Get Free Report) <span>TSE: ENB<span></span></span> last released its quarterly earnings data on Friday, November 7th. The pipeline company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.06). The business had revenue of $7 billion during the quarter, compared to analyst estimates of $8.45 billion. Enbridge had a return on equity of 10.51% and a net margin of 9.20%.During the same period in the previous year, the company earned $0.55 EPS.  On average, sell-side analysts predict that  Enbridge Inc will post 2.14 EPS for the current year. </p><h2>Enbridge Increases Dividend</h2><p>The business also recently announced a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Tuesday, February 17th will be issued a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a dividend yield of 8.3%. The ex-dividend date is Tuesday, February 17th. This is an increase from Enbridge's previous quarterly dividend of $0.94. Enbridge's dividend payout ratio (DPR) is 147.80%. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>3 Top-Performing Non-Leveraged ETFs From 2024 and Into 2025</li></ul><p>ENB has been the topic of a number of analyst reports. Weiss Ratings  reaffirmed a &#34;buy (b-)&#34; rating on shares of Enbridge in a research note on Monday. National Bankshares  reaffirmed a &#34;sector perform&#34; rating on shares of Enbridge in a research note on Monday, November 10th. Wall Street Zen downgraded shares of Enbridge from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a report on Sunday, September 21st. CIBC downgraded shares of Enbridge from an &#34;outperform&#34; rating to a &#34;neutral&#34; rating in a research note on Thursday, October 9th. Finally, BMO Capital Markets  restated a &#34;market perform&#34; rating on shares of Enbridge in a research report on Monday, November 10th. Six analysts have rated the stock with a Buy rating, five have issued  a Hold rating and one  has assigned  a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of &#34;Hold&#34; and an average price target of $63.00.</p><p><b>Get Our Latest Stock Analysis on Enbridge</b></p><h2>Enbridge 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>Featured Stories</h2><ul><li>Five stocks we like better than Enbridge</li><li>How is Compound Interest Calculated?</li><li>Qualcomm’s Monster Rally Has a Catch—Can the Stock Keep Climbing?</li><li>What Are Earnings Reports?</li><li>Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500</li><li>Investing In Preferred Stock vs. Common Stock</li><li>Forget the Chips: 4 Industrial Plays for the AI Rebound</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 reporting and unbiased coverage. 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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Stokes Capital Advisors LLC reduced its stake in Enbridge Inc by 22.7% in Q3, selling 24,534 shares. Enbridge's stock opened at $46.73, with a market cap of $101.93 billion. The company reported Q3 EPS of $0.33, missing estimates. Enbridge increased its quarterly dividend to $0.97 per share. Analysts have mixed ratings, with an average "Hold" and a price target of $63.00.</p>

Enbridge Inc $ENB Shares Sold by Stokes Capital Advisors LLC