Stock Traders Purchase Large Volume of Put Options on Enbridge (NYSE:ENB)

Posted by Francis Steltz on May 14th, 2026

Enbridge Inc (NYSE:ENB – Get Free Report) (TSE:ENB) was the recipient of unusually large options trading activity on Wednesday. Stock traders bought 20,216 put options on the company. This is an increase of approximately 1,036% compared to the average volume of 1,779 put options.

Enbridge Stock Performance

Shares of ENB opened at $55.24 on Thursday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.55 and a current ratio of 0.81. The company has a market capitalization of $120.62 billion, a price-to-earnings ratio of 25.93 and a beta of 0.59. The company’s 50 day simple moving average is $53.82 and its 200 day simple moving average is $50.30. Enbridge has a 1 year low of $43.59 and a 1 year high of $55.49.

Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last announced its quarterly earnings data on Friday, May 8th. The pipeline company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.02. The business had revenue of $9.37 billion for the quarter, compared to the consensus estimate of $8.49 billion. Enbridge had a net margin of 9.83% and a return on equity of 11.21%. During the same quarter in the prior year, the firm posted $1.03 earnings per share. On average, sell-side analysts predict that Enbridge will post 2.18 EPS for the current year.

Enbridge Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Friday, May 15th will be paid a dividend of $0.97 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $3.88 annualized dividend and a dividend yield of 7.0%. Enbridge’s dividend payout ratio is presently 130.52%.

Hedge Funds Weigh In On Enbridge

Institutional investors and hedge funds have recently modified their holdings of the company. Tsfg LLC lifted its stake in shares of Enbridge by 329.6% during the third quarter. Tsfg LLC now owns 494 shares of the pipeline company’s stock valued at $25,000 after buying an additional 379 shares during the period. Triumph Capital Management acquired a new position in Enbridge during the third quarter worth approximately $26,000. Turning Point Benefit Group Inc. purchased a new position in Enbridge during the third quarter worth approximately $28,000. Inspire Investing LLC purchased a new position in Enbridge during the fourth quarter worth approximately $29,000. Finally, Garner Asset Management Corp purchased a new position in Enbridge during the fourth quarter worth approximately $30,000. Hedge funds and other institutional investors own 54.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ENB. BMO Capital Markets reissued a “market perform” rating on shares of Enbridge in a report on Tuesday, February 17th. Royal Bank Of Canada upped their price target on shares of Enbridge from $76.00 to $79.00 and gave the company an “outperform” rating in a report on Monday. Scotiabank reaffirmed an “outperform” rating on shares of Enbridge in a report on Monday. JPMorgan Chase & Co. downgraded shares of Enbridge from an “overweight” rating to a “neutral” rating in a report on Tuesday, January 27th. Finally, TD Securities downgraded shares of Enbridge from a “buy” rating to a “hold” rating in a report on Tuesday, February 17th. Seven investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $66.50.

Check Out Our Latest Report on ENB

About Enbridge

(Get 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.