Clare Market Investments LLC Buys Shares of 28,499 Enbridge Inc $ENB

Posted by Brian Himes on Jul 7th, 2026

Clare Market Investments LLC purchased a new stake in Enbridge Inc (NYSE:ENB – Free Report) (TSE:ENB) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 28,499 shares of the pipeline company’s stock, valued at approximately $1,543,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Enbridge by 2.1% in the 4th quarter. Vanguard Group Inc. now owns 100,364,993 shares of the pipeline company’s stock valued at $4,802,766,000 after buying an additional 2,067,516 shares during the period. Norges Bank acquired a new stake in Enbridge during the 4th quarter worth $1,195,559,000. Geode Capital Management LLC lifted its holdings in Enbridge by 7.1% during the fourth quarter. Geode Capital Management LLC now owns 21,421,826 shares of the pipeline company’s stock worth $1,045,172,000 after acquiring an additional 1,415,995 shares in the last quarter. Legal & General Group Plc lifted its holdings in Enbridge by 4.6% during the fourth quarter. Legal & General Group Plc now owns 19,677,864 shares of the pipeline company’s stock worth $942,806,000 after acquiring an additional 858,323 shares in the last quarter. Finally, Mackenzie Financial Corp grew its stake in Enbridge by 4.9% in the fourth quarter. Mackenzie Financial Corp now owns 18,163,267 shares of the pipeline company’s stock valued at $870,577,000 after acquiring an additional 844,594 shares during the period. Institutional investors own 54.60% of the company’s stock.

Enbridge Stock Up 1.9%

NYSE:ENB opened at $54.47 on Tuesday. The stock has a 50-day simple moving average of $55.32 and a 200 day simple moving average of $52.42. Enbridge Inc has a 52-week low of $43.59 and a 52-week high of $58.45. The company has a market cap of $118.96 billion, a PE ratio of 25.54 and a beta of 0.58. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.73 and a current ratio of 0.81.

Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last released its earnings results on Friday, May 8th. The pipeline company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.69 by $0.02. Enbridge had a return on equity of 11.21% and a net margin of 9.83%.The firm had revenue of $9.37 billion for the quarter, compared to analysts’ expectations of $8.49 billion. During the same quarter in the previous year, the business posted $1.03 EPS. On average, sell-side analysts expect that Enbridge Inc will post 2.16 EPS for the current fiscal year.

Enbridge Dividend Announcement

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 dividend of $0.97 per share. The ex-dividend date was Friday, May 15th. This represents a $3.88 annualized dividend and a yield of 7.1%. Enbridge’s dividend payout ratio is presently 133.80%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on ENB shares. Royal Bank Of Canada increased their price target on Enbridge from $76.00 to $79.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Enbridge in a research note on Monday, May 11th. Weiss Ratings reiterated a “buy (b)” rating on shares of Enbridge in a report on Friday, May 22nd. Wall Street Zen downgraded shares of Enbridge from a “hold” rating to a “sell” rating in a research report on Saturday, June 27th. Finally, Scotiabank restated an “outperform” rating on shares of Enbridge in a report on Monday, May 11th. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $66.50.

Get Our Latest Stock Analysis 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.