Enbridge Inc (NYSE:ENB) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Posted by George Bondi on Jul 23rd, 2026

Enbridge Inc (NYSE:ENB – Get Free Report) (TSE:ENB) has been assigned an average recommendation of “Moderate Buy” from the twelve ratings firms that are presently covering the company, Marketbeat reports. Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $66.50.

Several research firms have weighed in on ENB. Weiss Ratings reissued a “buy (b)” rating on shares of Enbridge in a research note on Friday, May 22nd. Scotiabank restated an “outperform” rating on shares of Enbridge in a research report on Tuesday. Royal Bank Of Canada upped their price target on Enbridge from $76.00 to $79.00 and gave the company an “outperform” rating in a research note on Monday, May 11th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Enbridge in a research report on Monday, May 11th. Finally, Wall Street Zen raised shares of Enbridge from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th.

View Our Latest Analysis on Enbridge

Enbridge Price Performance

ENB opened at $56.29 on Thursday. The company has a fifty day moving average price of $55.70 and a two-hundred day moving average price of $53.16. The firm has a market capitalization of $122.94 billion, a PE ratio of 26.43 and a beta of 0.58. Enbridge has a 52 week low of $44.58 and a 52 week high of $58.45. 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 posted its quarterly earnings results on Friday, May 8th. The pipeline company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.02. Enbridge had a return on equity of 11.21% and a net margin of 9.83%.The company had revenue of $9.37 billion for the quarter, compared to the consensus estimate of $8.49 billion. During the same quarter in the prior year, the business posted $1.03 EPS. As a group, analysts anticipate that Enbridge will post 2.14 earnings per share for the current year.

Enbridge Announces Dividend

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

Hedge Funds Weigh In On Enbridge

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in Enbridge by 2.1% during the 4th quarter. Vanguard Group Inc. now owns 100,364,993 shares of the pipeline company’s stock worth $4,802,766,000 after buying an additional 2,067,516 shares during the period. Norges Bank bought a new position in Enbridge during the fourth quarter worth about $1,195,559,000. Geode Capital Management LLC grew its stake in Enbridge by 7.1% in the fourth quarter. Geode Capital Management LLC now owns 21,421,826 shares of the pipeline company’s stock valued at $1,045,172,000 after acquiring an additional 1,415,995 shares during the period. Legal & General Group Plc increased its holdings in shares of Enbridge by 4.6% in 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 increased its holdings in shares of Enbridge by 4.9% in the fourth quarter. Mackenzie Financial Corp now owns 18,163,267 shares of the pipeline company’s stock worth $870,577,000 after acquiring an additional 844,594 shares in the last quarter. Institutional investors and hedge funds own 54.60% of the company’s stock.

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.