171,800 Shares in Enbridge Inc $ENB Bought by Public Employees Retirement System of Ohio

Posted by Brian Himes on Sep 1st, 2026

Public Employees Retirement System of Ohio acquired a new stake in shares of Enbridge Inc (NYSE:ENB – Free Report) (TSE:ENB) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 171,800 shares of the pipeline company’s stock, valued at approximately $9,313,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ENB. Deutsche Bank AG acquired a new stake in shares of Enbridge during the 2nd quarter valued at about $1,850,502,000. Norges Bank bought a new stake in shares of Enbridge in the 4th quarter valued at approximately $1,195,559,000. Geode Capital Management LLC increased its holdings 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 worth $1,045,172,000 after buying an additional 1,415,995 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in Enbridge by 18.4% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 20,624,547 shares of the pipeline company’s stock valued at $1,117,353,000 after acquiring an additional 3,205,322 shares in the last quarter. Finally, Legal & General Group Plc raised its position in Enbridge by 4.6% during the fourth quarter. Legal & General Group Plc now owns 19,677,864 shares of the pipeline company’s stock valued at $942,806,000 after acquiring an additional 858,323 shares in the last quarter. Hedge funds and other institutional investors own 54.60% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on ENB shares. US Capital Advisors upgraded shares of Enbridge from a “hold” rating to a “moderate buy” rating in a research note on Thursday, August 20th. Raymond James Financial downgraded shares of Enbridge from an “outperform” rating to a “market perform” rating in a report on Friday, July 31st. Scotiabank reaffirmed an “outperform” rating on shares of Enbridge in a research note on Tuesday, July 21st. Wolfe Research set a $50.00 price objective on shares of Enbridge in a report on Tuesday, August 4th. Finally, Royal Bank Of Canada increased their target price on shares of Enbridge from $79.00 to $84.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Six investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $67.00.

View Our Latest Analysis on Enbridge

Enbridge Stock Up 0.9%

Shares of Enbridge stock opened at $50.65 on Tuesday. Enbridge Inc has a 12-month low of $45.03 and a 12-month high of $58.45. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 1.69. The stock has a 50 day moving average price of $53.56 and a two-hundred day moving average price of $54.02. The stock has a market capitalization of $110.62 billion, a P/E ratio of 27.09 and a beta of 0.58.

Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last released its quarterly 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 net margin of 7.20% and a return on equity of 11.17%. The company had revenue of $9.70 billion for the quarter, compared to analyst estimates of $8.67 billion. During the same quarter last year, the firm posted $0.65 earnings per share. Equities analysts expect that Enbridge Inc will post 2.11 earnings per share for the current 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 issued a $0.97 dividend. This represents a $3.88 annualized dividend and a yield of 7.7%. The ex-dividend date is Friday, August 14th. Enbridge’s dividend payout ratio (DPR) is 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.