Lewis Asset Management LLC Reduces Stock Holdings in Enbridge Inc $ENB

Posted by on Jun 27th, 2026

Lewis Asset Management LLC lowered its holdings in shares of Enbridge Inc (NYSE:ENB – Free Report) (TSE:ENB) by 51.2% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,675 shares of the pipeline company’s stock after selling 15,389 shares during the quarter. Lewis Asset Management LLC’s holdings in Enbridge were worth $795,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in ENB. Triumph Capital Management bought a new stake in Enbridge during the third quarter valued at approximately $26,000. Turning Point Benefit Group Inc. bought a new position in Enbridge in the third quarter worth approximately $28,000. Inspire Investing LLC purchased a new position in shares of Enbridge during the 4th quarter worth $29,000. Imprint Wealth LLC purchased a new position in shares of Enbridge during the 3rd quarter worth $31,000. Finally, Garner Asset Management Corp bought a new stake in shares of Enbridge during the 4th quarter valued at $30,000. Institutional investors own 54.60% of the company’s stock.

Enbridge Trading Up 0.1%

Shares of Enbridge stock opened at $56.24 on Friday. Enbridge Inc has a twelve month low of $43.59 and a twelve month high of $58.45. The company has a quick ratio of 0.73, a current ratio of 0.81 and a debt-to-equity ratio of 1.69. The business has a 50-day moving average price of $55.12 and a 200-day moving average price of $52.15. The firm has a market cap of $122.84 billion, a price-to-earnings ratio of 26.41 and a beta of 0.58.

Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last announced its quarterly earnings results on Friday, May 8th. The pipeline company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.02. The company had revenue of $9.37 billion during the quarter, compared to analyst estimates of $8.49 billion. Enbridge had a return on equity of 11.21% and a net margin of 9.83%.During the same period in the prior year, the company earned $1.03 earnings per share. Equities research analysts anticipate that Enbridge Inc will post 2.18 EPS for the current fiscal year.

Enbridge Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Friday, May 15th were issued a $0.97 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $3.88 dividend on an annualized basis and a dividend yield of 6.9%. Enbridge’s dividend payout ratio (DPR) is 133.80%.

Analyst Ratings Changes

ENB has been the topic of a number of recent research reports. Scotiabank reaffirmed an “outperform” rating on shares of Enbridge in a report on Monday, May 11th. Wall Street Zen lowered Enbridge from a “hold” rating to a “sell” rating in a report on Saturday. Royal Bank Of Canada upped their price target on Enbridge from $76.00 to $79.00 and gave the stock an “outperform” rating in a research report on Monday, May 11th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Enbridge in a research report on Monday, May 11th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Enbridge in a research note on Friday, May 22nd. Seven investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $66.50.

Get Our Latest Stock Report on ENB

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.

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Institutional Ownership by Quarter for Enbridge (NYSE:ENB)

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