Diversify Advisory Services LLC Takes Position in Enbridge Inc $ENB

Posted by Stanley Muller on Aug 19th, 2026

Diversify Advisory Services LLC purchased a new stake in Enbridge Inc (NYSE:ENB – Free Report) (TSE:ENB) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 60,387 shares of the pipeline company’s stock, valued at approximately $3,342,000.

A number of other institutional investors have also recently bought and sold shares of ENB. Vanguard Group Inc. lifted its position 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 acquiring an additional 2,067,516 shares in the last quarter. RNC Capital Management LLC grew its position in Enbridge by 1.6% during the 4th quarter. RNC Capital Management LLC now owns 1,446,697 shares of the pipeline company’s stock worth $69,196,000 after purchasing an additional 22,637 shares in the last quarter. SCS Capital Management LLC acquired a new stake in Enbridge during the 2nd quarter valued at $9,204,000. Western Wealth Management LLC raised its stake in Enbridge by 346.8% during the 1st quarter. Western Wealth Management LLC now owns 36,190 shares of the pipeline company’s stock valued at $1,959,000 after purchasing an additional 28,091 shares during the period. Finally, Intact Investment Management Inc. lifted its holdings in shares of Enbridge by 22.8% in the fourth quarter. Intact Investment Management Inc. now owns 987,976 shares of the pipeline company’s stock valued at $47,275,000 after purchasing an additional 183,163 shares in the last quarter. Hedge funds and other institutional investors own 54.60% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on ENB shares. Wolfe Research set a $50.00 target price on Enbridge in a research report on Tuesday, August 4th. Weiss Ratings reissued a “buy (b)” rating on shares of Enbridge in a research report on Friday, May 22nd. Royal Bank Of Canada lifted their target price on Enbridge from $79.00 to $84.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Enbridge in a research report on Monday, May 11th. Finally, Wall Street Zen upgraded shares of Enbridge from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. Four equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $67.00.

Read Our Latest Research Report on ENB

Enbridge Price Performance

Shares of NYSE:ENB opened at $51.41 on Wednesday. The firm has a market cap of $112.29 billion, a price-to-earnings ratio of 27.49 and a beta of 0.58. Enbridge Inc has a 1 year low of $45.03 and a 1 year high of $58.45. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 1.69. The business has a fifty day simple moving average of $54.49 and a 200 day simple moving average of $53.99.

Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last issued its earnings results on Friday, July 31st. The pipeline company reported $0.46 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.03. Enbridge had a return on equity of 11.17% and a net margin of 7.20%.The firm had revenue of $9.70 billion for the quarter, compared to the consensus estimate of $8.67 billion. During the same quarter in the previous year, the company posted $0.65 earnings per share. As a group, sell-side analysts predict that Enbridge Inc will post 2.11 earnings per share for the current fiscal year.

Enbridge Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Friday, August 14th will be paid a $0.97 dividend. The ex-dividend date of this dividend is Friday, August 14th. This represents a $3.88 annualized dividend and a dividend yield of 7.5%. Enbridge’s payout ratio is presently 147.06%.

About Enbridge

(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.