--- title: "Empowered Funds LLC Boosts Stock Holdings in Enbridge Inc $ENB" type: "News" locale: "en" url: "https://longbridge.com/en/news/296070517.md" description: "Empowered Funds LLC increased its Enbridge Inc (ENB) holdings by 24.2% in Q1, adding 21,442 shares to total 110,014 shares valued at $5.96 million. Other institutions like Auto Owners Insurance and Healthcare of Ontario Pension Plan also significantly boosted their stakes. Enbridge recently reported Q2 EPS of $0.43 beating estimates, announced a $0.97 quarterly dividend with a 7.6% yield, and maintains a consensus 'Hold' rating from analysts with a $67 price target." datetime: "2026-08-17T07:36:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296070517.md) - [en](https://longbridge.com/en/news/296070517.md) - [zh-HK](https://longbridge.com/zh-HK/news/296070517.md) --- # Empowered Funds LLC Boosts Stock Holdings in Enbridge Inc $ENB Empowered Funds LLC lifted its position in shares of Enbridge Inc (NYSE:ENB - Free Report) TSE: ENB by 24.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 110,014 shares of the pipeline company's stock after acquiring an additional 21,442 shares during the period. Empowered Funds LLC's holdings in Enbridge were worth $5,956,000 as of its most recent filing with the Securities & Exchange Commission. - Energy Stocks Surge on Oil Spike: Buy, Hold, or Take Profits? Other hedge funds also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Enbridge in the 4th quarter worth $1,195,559,000. Auto Owners Insurance Co lifted its holdings in shares of Enbridge by 4,683.0% during the fourth quarter. Auto Owners Insurance Co now owns 8,566,831 shares of the pipeline company's stock valued at $40,975,000 after purchasing an additional 8,387,721 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund boosted its position in shares of Enbridge by 787.8% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 3,196,000 shares of the pipeline company's stock valued at $173,189,000 after buying an additional 2,836,000 shares during the last quarter. Alberta Investment Management Corp purchased a new stake in shares of Enbridge during the fourth quarter valued at $132,705,000. Finally, Vanguard Group Inc. increased its holdings in Enbridge by 2.1% in the 4th quarter. Vanguard Group Inc. now owns 100,364,993 shares of the pipeline company's stock worth $4,802,766,000 after buying an additional 2,067,516 shares in the last quarter. 54.60% of the stock is currently owned by hedge funds and other institutional investors. ## Enbridge Stock Down 0.0% Enbridge stock opened at $50.89 on Monday. Enbridge Inc has a one year low of $45.03 and a one year high of $58.45. The stock has a fifty day moving average of $54.67 and a 200 day moving average of $53.95. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.66 and a current ratio of 0.72. The stock has a market cap of $111.15 billion, a PE ratio of 27.22 and a beta of 0.58. - 4 Canadian Oil Stocks That Are Filling the Heavy Crude Gap Enbridge (NYSE:ENB - Get Free Report) TSE: ENB last announced its earnings results on Friday, July 31st. The pipeline company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.03. The business had revenue of $9.70 billion for the quarter, compared to analysts' expectations of $8.67 billion. Enbridge had a return on equity of 11.17% and a net margin of 7.20%.During the same period last year, the firm posted $0.65 earnings per share. As a group, sell-side analysts predict that Enbridge Inc will post 2.11 EPS for the current year. ## Enbridge Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be issued a $0.97 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 7.6%. Enbridge's dividend payout ratio (DPR) is presently 147.06%. ## Analysts Set New Price Targets - Is Energy Transfer Undervalued or a Value Trap? ENB has been the subject of a number of recent analyst reports. Canadian Imperial Bank of Commerce reissued a "neutral" rating on shares of Enbridge in a research report on Monday, May 11th. BMO Capital Markets reaffirmed a "market perform" rating on shares of Enbridge in a report on Monday, August 3rd. Weiss Ratings reiterated a "buy (b)" rating on shares of Enbridge in a research note on Friday, May 22nd. Royal Bank Of Canada boosted their price objective on shares of Enbridge from $79.00 to $84.00 and gave the company an "outperform" rating 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 report on Sunday, July 12th. Four investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $67.00. **Read Our Latest Stock Analysis on Enbridge** ## Enbridge Company Profile (Free Report) 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. ## See Also - Five stocks we like better than Enbridge - The Metals Company’s Big Bet Now Comes Down to a License - OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings - Meta and Tesla Are Rebounding From Oversold Levels—Now What? - AMG’s Alternatives Boom Powers Record Growth _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._ Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in Enbridge Right Now? Before you consider Enbridge, you'll want to hear this. 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. While Enbridge currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [ENB.US](https://longbridge.com/en/quote/ENB.US.md) - [ET.US](https://longbridge.com/en/quote/ET.US.md) - [CM.US](https://longbridge.com/en/quote/CM.US.md) - [BMO.US](https://longbridge.com/en/quote/BMO.US.md) - [RY.US](https://longbridge.com/en/quote/RY.US.md) - [ET-I.US](https://longbridge.com/en/quote/ET-I.US.md) ## Related News & Research - [Triasima Portfolio Management inc. 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