Enbridge (NYSE:ENB) Upgraded by US Capital Advisors to "Moderate Buy" Rating

Key Points

• US Capital Advisors upgraded Enbridge from “hold” to “moderate buy” and raised its earnings forecasts through 2027, including a FY2027 EPS estimate of $2.41 versus the current consensus of $2.11.
• Enbridge’s latest quarterly results exceeded expectations, with EPS of $0.46 versus the $0.43 consensus and revenue of $9.70 billion versus estimates of $8.67 billion.
• Despite the upgrade, broader analyst sentiment remains cautious: five analysts rate the stock a buy and seven rate it a hold, producing an overall “Hold” rating and an average price target of $67.

Enbridge (NYSE:ENB - Get Free Report) TSE: ENB was upgraded by analysts at US Capital Advisors from a "hold" rating to a "moderate buy" rating in a report released on Thursday,Zacks.com reports. US Capital Advisors also issued estimates for Enbridge's Q3 2026 earnings at $0.43 EPS, Q4 2026 earnings at $0.61 EPS, Q2 2027 earnings at $0.48 EPS, Q3 2027 earnings at $0.46 EPS, Q4 2027 earnings at $0.69 EPS and FY2027 earnings at $2.41 EPS.

A number of other equities research analysts have also recently commented on ENB. TD Securities reiterated a "hold" rating on shares of Enbridge in a research report on Thursday, July 16th. Wall Street Zen raised shares of Enbridge from a "sell" rating to a "hold" rating in a research note on Sunday, July 12th. Weiss Ratings reiterated a "buy (b)" rating on shares of Enbridge in a report on Wednesday. BMO Capital Markets reiterated a "market perform" rating on shares of Enbridge in a report on Monday, August 3rd. Finally, Royal Bank Of Canada raised their target price on shares of Enbridge from $79.00 to $84.00 and gave the stock an "outperform" rating in a research note on Monday, August 3rd. Five analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $67.00.

Enbridge Stock Up 1.6%

Shares of ENB opened at $51.07 on Thursday. The stock has a 50 day moving average price of $54.26 and a 200 day moving average price of $54.02. Enbridge has a one year low of $45.03 and a one year high of $58.45. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.66 and a current ratio of 0.72. The stock has a market capitalization of $111.54 billion, a price-to-earnings ratio of 27.31 and a beta of 0.58.

Enbridge (NYSE:ENB - Get Free Report) TSE: ENB last announced its quarterly earnings data on Friday, July 31st. The pipeline company reported $0.46 earnings per share for the quarter, beating analysts' consensus estimates of $0.43 by $0.03. Enbridge had a return on equity of 11.17% and a net margin of 7.20%.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 EPS. Equities research analysts forecast that Enbridge will post 2.11 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Enbridge

Hedge funds have recently modified their holdings of the company. Empowered Funds LLC increased its position in shares of Enbridge by 24.2% during the first quarter. Empowered Funds LLC now owns 110,014 shares of the pipeline company's stock worth $5,956,000 after acquiring an additional 21,442 shares during the period. Vanguard Group Inc. boosted its holdings in Enbridge by 2.1% in the fourth quarter. Vanguard Group Inc. now owns 100,364,993 shares of the pipeline company's stock valued at $4,802,766,000 after purchasing an additional 2,067,516 shares during the period. SCS Capital Management LLC acquired a new position in Enbridge during the 2nd quarter worth $9,204,000. RNC Capital Management LLC grew its stake in Enbridge by 1.6% during the 4th quarter. RNC Capital Management LLC now owns 1,446,697 shares of the pipeline company's stock worth $69,196,000 after purchasing an additional 22,637 shares in the last quarter. Finally, Western Wealth Management LLC increased its holdings in Enbridge by 346.8% during the 1st quarter. Western Wealth Management LLC now owns 36,190 shares of the pipeline company's stock worth $1,959,000 after purchasing an additional 28,091 shares during the period. Hedge funds and other institutional investors own 54.60% of the company's stock.

Key Stories Impacting Enbridge

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: US Capital Advisors raised its EPS forecasts across several periods, including Q3 2026 to $0.43 from $0.40, Q4 2026 to $0.61 from $0.60, Q2 2027 to $0.48 from $0.44, Q3 2027 to $0.46 from $0.41, and Q4 2027 to $0.69 from $0.65. Its FY2027 estimate increased to $2.41 from $2.24, well above the current full-year consensus of $2.11. The revisions suggest improving expectations for Enbridge’s earnings outlook. Enbridge analyst estimate updates
• Positive Sentiment: Investor-focused coverage highlights Enbridge’s 31-year record of dividend increases, approximately 5.5% yield, and C$41 billion secured growth backlog. These factors support the investment case for income-oriented investors and provide visibility into future cash-flow growth. Enbridge dividend and backlog analysis
• Neutral Sentiment: Some valuation analysis argues that Enbridge’s roughly 93% five-year total return leaves the shares fairly valued rather than deeply discounted. This could limit upside unless earnings and project execution improve. Enbridge valuation analysis
• Negative Sentiment: Key risks include weaker second-quarter results, leverage above management’s target range, and potential competing egress pipelines that could reduce volumes on the Mainline System, which contributes roughly one-third of EBITDA. Rising interest costs may also pressure cash flow. Enbridge backlog and Mainline risk analysis

About Enbridge

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.

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