<div id="readability-page-1"><p>Galibier Capital Management Ltd. trimmed its position in shares of  Enbridge Inc (NYSE:ENB - Free Report) <span>TSE: ENB<span></span></span> by 10.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 499,597 shares of the pipeline company's stock after selling 59,420 shares during the quarter. Enbridge accounts for approximately  8.4% of Galibier Capital Management Ltd.'s portfolio, making the stock its 3rd largest holding. Galibier Capital Management Ltd.'s holdings in Enbridge were worth $25,210,000 at the end of the most recent reporting period.</p><ul><li>4 Canadian Oil Stocks That Are Filling the Heavy Crude Gap</li></ul><p>Several other institutional investors and hedge funds also recently made changes to their positions in ENB. Vanguard Group Inc. boosted its holdings in  Enbridge by 3.5% during the second quarter. Vanguard Group Inc. now owns 96,404,986 shares of the pipeline company's stock worth $4,371,580,000 after purchasing an additional 3,217,961 shares during the last quarter.  TD Asset Management Inc boosted its stake in shares of  Enbridge by 1.6% in the 2nd quarter. TD Asset Management Inc now owns 39,883,394 shares of the pipeline company's stock worth $1,804,913,000 after buying an additional 617,577 shares during the last quarter.  Norges Bank purchased a new position in shares of  Enbridge in the 2nd quarter worth approximately $1,113,368,000.  Legal &amp; General Group Plc grew its holdings in shares of  Enbridge by 1.1% in the second quarter. Legal &amp; General Group Plc now owns 18,861,475 shares of the pipeline company's stock valued at $853,669,000 after acquiring an additional 207,243 shares in the last quarter.  Finally, Geode Capital Management LLC increased its position in shares of  Enbridge by 20.2% during the second quarter. Geode Capital Management LLC now owns 17,785,430 shares of the pipeline company's stock valued at $818,620,000 after acquiring an additional 2,989,992 shares during the last quarter. Hedge funds and other institutional investors own  54.60% of the company's stock. </p><h2>Enbridge Trading Up 0.5%</h2><p>Shares of Enbridge stock opened at $48.08 on Friday. The stock has a market capitalization of $104.87 billion, a P/E ratio of 26.42 and a beta of 0.68. Enbridge Inc has a 52-week low of $39.73 and a 52-week high of $50.54. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.68 and a current ratio of 0.80. The stock's 50-day simple moving average is $47.61 and its 200 day simple moving average is $47.24. </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 issued its quarterly earnings data on Friday, November 7th. The pipeline company reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.39 by ($0.06). Enbridge had a return on equity of 10.51% and a net margin of 9.20%.The company had revenue of $7 billion for the quarter, compared to analysts' expectations of $8.45 billion. During the same period last year, the company posted $0.55 EPS.  As a group, research analysts anticipate 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 paid a $0.97 dividend. This is an increase from Enbridge's previous quarterly dividend of $0.94. This represents a $3.88 dividend on an annualized basis and a yield of 8.1%. The ex-dividend date of this dividend is Tuesday, February 17th. Enbridge's payout ratio is 147.80%. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>3 Top-Performing Non-Leveraged ETFs From 2024 and Into 2025</li></ul><p>Several research analysts have weighed in on the company. Wall Street Zen cut Enbridge from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a research report on Sunday, September 21st. Cibc World Mkts cut Enbridge from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Thursday, October 9th. Scotiabank  reissued a &#34;sector perform&#34; rating on shares of Enbridge in a report on Monday, November 10th. Weiss Ratings  restated a &#34;hold (c+)&#34; rating on shares of Enbridge in a research report on Monday. Finally, Zacks Research upgraded shares of Enbridge from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a report on Monday, December 29th. Five investment analysts have rated the stock with a Buy rating and seven have assigned  a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of &#34;Hold&#34; and a consensus target price of $63.00.</p><p><b>View Our Latest Research Report on Enbridge</b></p><h2>About Enbridge</h2> (Free Report)<p>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.  </p><p>The company serves customers primarily in Canada and the United States and has interests in other international energy projects.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Enbridge</li><li>Do not delete, read immediately</li><li>The $100 Trillion AI Story No One Is Telling You</li><li>If You Keep Cash In A U.S. Bank Account… Read This NOW</li><li>3 Overlooked Deductions to Help Potentially Minimize Capital Gains Tax</li><li>Wall Street Stockpicker Names #1 Stock of 2026</li></ul><p><strong>Want to see what other hedge funds are holding ENB?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enbridge Inc (NYSE:ENB - Free Report) <span>TSE: ENB<span></span></span>.</p><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>Galibier Capital Management Ltd. has reduced its stake in Enbridge Inc by 10.6%, now holding 499,597 shares valued at approximately $25.21 million. This makes Enbridge the fund's third-largest holding, accounting for 8.4% of its portfolio. Other institutional investors, including Vanguard Group and TD Asset Management, have also adjusted their positions in Enbridge. The company recently reported earnings of $0.33 per share, missing estimates, and announced a dividend increase to $0.97 per share, with a yield of 8.1%.</p>

Galibier Capital Management Ltd. Reduces Stake in Enbridge Inc $ENB