Enbridge Inc $ENB is Connor Clark & Lunn Investment Management Ltd.’s 4th Largest Position

Posted by Stanley Muller on Aug 24th, 2026

Connor Clark & Lunn Investment Management Ltd. grew its holdings in Enbridge Inc (NYSE:ENB – Free Report) (TSE:ENB) by 18.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 20,624,547 shares of the pipeline company’s stock after buying an additional 3,205,322 shares during the quarter. Enbridge accounts for about 2.1% of Connor Clark & Lunn Investment Management Ltd.’s investment portfolio, making the stock its 4th biggest holding. Connor Clark & Lunn Investment Management Ltd.’s holdings in Enbridge were worth $1,117,353,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Arlington Trust Co LLC lifted its stake in shares of Enbridge by 114.6% in the second quarter. Arlington Trust Co LLC now owns 500 shares of the pipeline company’s stock valued at $27,000 after purchasing an additional 267 shares during the period. Triumph Capital Management purchased a new stake in Enbridge during the third quarter worth about $26,000. Turning Point Benefit Group Inc. acquired a new position in Enbridge during the third quarter worth about $28,000. Inspire Investing LLC acquired a new position in Enbridge during the fourth quarter worth about $29,000. Finally, Imprint Wealth LLC purchased a new position in Enbridge in the third quarter valued at about $31,000. 54.60% of the stock is currently owned by hedge funds and other institutional investors.

Key Enbridge News

Here are the key news stories impacting Enbridge this week:

Positive Sentiment: US Capital Advisors upgraded Enbridge from “hold” to “moderate buy,” signaling improved confidence in the company’s risk-reward profile at recent valuation levels. Zacks.com
Positive Sentiment: US Capital Advisors raised its earnings forecasts across several periods. Estimates increased to $0.43 per share for Q3 2026, $0.61 for Q4 2026, $0.48 for Q2 2027, $0.46 for Q3 2027 and $0.69 for Q4 2027. Its FY2027 forecast rose to $2.41 per share from $2.24, above the current full-year consensus of $2.11. These revisions suggest expectations for stronger earnings momentum. MarketBeat analyst estimates
Positive Sentiment: Enbridge’s long dividend-growth record remains attractive to income investors. The company has increased its dividend for 31 consecutive years, and the recent share-price pullback may improve its yield and valuation appeal. Enbridge dividend analysis
Neutral Sentiment: Some analysis suggests Enbridge is fairly valued after generating roughly a 93% total return over five years, limiting the potential for near-term multiple expansion despite its infrastructure cash flows. Enbridge valuation analysis
Negative Sentiment: Risks include weaker second-quarter results, elevated leverage and competition. Enbridge has a roughly CAD 41 billion secured growth backlog, but competing egress pipelines could pressure volumes on its Mainline System, which contributes about one-third of EBITDA. Debt-to-EBITDA of approximately 5.1 times also exceeds the company’s preferred range and leaves earnings more exposed to interest costs. Enbridge growth backlog and Mainline risks

Enbridge Stock Up 0.0%

Shares of NYSE ENB opened at $50.48 on Monday. Enbridge Inc has a 12-month low of $45.03 and a 12-month high of $58.45. The company has a market capitalization of $110.25 billion, a PE ratio of 26.99 and a beta of 0.58. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.72 and a quick ratio of 0.66. The firm’s 50-day moving average is $54.14 and its two-hundred day moving average is $54.03.

Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last issued its quarterly earnings data on Friday, July 31st. The pipeline company reported $0.46 earnings per share for the quarter, topping analysts’ consensus estimates of $0.43 by $0.03. Enbridge had a net margin of 7.20% and a return on equity of 11.17%. The business had revenue of $9.70 billion during the quarter, compared to analysts’ expectations of $8.67 billion. During the same period last year, the company posted $0.65 EPS. Equities analysts anticipate that Enbridge Inc will post 2.11 EPS for the current fiscal year.

Enbridge Dividend Announcement

The company also recently announced 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 yield of 7.7%. Enbridge’s payout ratio is presently 147.06%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Enbridge in a research report on Monday, May 11th. Wolfe Research set a $50.00 price objective on Enbridge in a research note on Tuesday, August 4th. US Capital Advisors raised Enbridge from a “hold” rating to a “moderate buy” rating in a report on Thursday. Wall Street Zen raised Enbridge from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. Finally, Royal Bank Of Canada boosted their target price on Enbridge from $79.00 to $84.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Five equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $67.00.

Read Our Latest Report on ENB

Enbridge 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.