Enbridge Inc $ENB Shares Sold by Catalyst Capital Advisors LLC

Posted by Brian Himes on Aug 15th, 2026

Catalyst Capital Advisors LLC reduced its position in Enbridge Inc (NYSE:ENB – Free Report) (TSE:ENB) by 5.9% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 292,653 shares of the pipeline company’s stock after selling 18,443 shares during the period. Enbridge accounts for about 0.3% of Catalyst Capital Advisors LLC’s holdings, making the stock its 23rd biggest holding. Catalyst Capital Advisors LLC’s holdings in Enbridge were worth $15,865,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. increased its position in Enbridge by 2.1% during the fourth 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 acquired a new stake in shares of Enbridge in the fourth quarter valued at approximately $1,195,559,000. Geode Capital Management LLC boosted its holdings in shares of 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 grew its position in shares of 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 during the last quarter. Finally, Mackenzie Financial Corp increased its holdings in shares of Enbridge by 4.9% in the 4th 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. 54.60% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. BMO Capital Markets reissued a “market perform” rating on shares of Enbridge in a research report on Monday, August 3rd. Wall Street Zen raised Enbridge from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. Raymond James Financial cut Enbridge from an “outperform” rating to a “market perform” rating in a research report on Friday, July 31st. Scotiabank reaffirmed an “outperform” rating on shares of Enbridge in a research note on Tuesday, July 21st. Finally, TD Securities reaffirmed a “hold” rating on shares of Enbridge in a research report on Thursday, July 16th. Four equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, Enbridge presently has an average rating of “Hold” and an average target price of $67.00.

Check Out Our Latest Analysis on Enbridge

Enbridge Stock Down 0.8%

Shares of Enbridge stock opened at $50.89 on Friday. The company has a market cap of $111.15 billion, a P/E ratio of 27.22 and a beta of 0.58. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.66 and a current ratio of 0.72. Enbridge Inc has a one year low of $45.03 and a one year high of $58.45. The firm has a fifty day moving average of $54.67 and a two-hundred day moving average of $53.91.

Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last issued its earnings results on Friday, July 31st. The pipeline company reported $0.46 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $8.67 billion. During the same quarter in the previous year, the firm earned $0.65 earnings per share. On average, analysts forecast that Enbridge Inc will post 2.11 earnings per share for the current year.

Enbridge Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be paid a dividend of $0.97 per share. This represents a $3.88 dividend on an annualized basis and a dividend yield of 7.6%. The ex-dividend date of this dividend is Friday, August 14th. Enbridge’s dividend payout ratio is 152.41%.

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.