Davis Rea LTD. Has $5.11 Million Stock Holdings in Enbridge Inc $ENB

Key Points

• Davis Rea LTD cut its stake in Enbridge by 50.6% during Q4, selling 109,319 shares and now holds 106,781 shares worth $5.11 million (about 1.3% of the firm's holdings, Enbridge is its 24th largest position).
• Enbridge beat Q earnings with $0.63 EPS vs. $0.60 estimate and reported $17.18 billion in revenue; the stock has a $114.7 billion market cap, a P/E of 22.8, and a consensus analyst rating of Moderate Buy with a $65 target.
• Regulatory/legal risk increased after the U.S. Supreme Court refused to move the Line 5 dispute to federal court, sending the case back to Michigan state courts and prolonging jurisdictional uncertainty.

Davis Rea LTD. cut its stake in shares of Enbridge Inc (NYSE:ENB - Free Report) TSE: ENB by 50.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 106,781 shares of the pipeline company's stock after selling 109,319 shares during the period. Enbridge makes up about 1.3% of Davis Rea LTD.'s holdings, making the stock its 24th biggest position. Davis Rea LTD.'s holdings in Enbridge were worth $5,113,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Gold Investment Management Ltd. raised its position in shares of Enbridge by 2.6% during the fourth quarter. Gold Investment Management Ltd. now owns 76,490 shares of the pipeline company's stock worth $3,660,000 after purchasing an additional 1,931 shares during the period. Geneos Wealth Management Inc. raised its position in shares of Enbridge by 13.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 36,091 shares of the pipeline company's stock worth $1,726,000 after purchasing an additional 4,201 shares during the period. Outfitters Financial LLC raised its position in Enbridge by 4.1% during the fourth quarter. Outfitters Financial LLC now owns 17,875 shares of the pipeline company's stock valued at $855,000 after buying an additional 710 shares during the period. Turtle Creek Wealth Advisors LLC raised its position in Enbridge by 32.2% during the fourth quarter. Turtle Creek Wealth Advisors LLC now owns 51,856 shares of the pipeline company's stock valued at $2,480,000 after buying an additional 12,639 shares during the period. Finally, HB Wealth Management LLC raised its position in Enbridge by 10.0% during the fourth quarter. HB Wealth Management LLC now owns 26,954 shares of the pipeline company's stock valued at $1,291,000 after buying an additional 2,456 shares during the period. 54.60% of the stock is owned by institutional investors and hedge funds.

Enbridge Stock Performance

Shares of ENB stock opened at $52.54 on Friday. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.63 and a quick ratio of 0.55. Enbridge Inc has a fifty-two week low of $43.59 and a fifty-two week high of $55.44. The stock's 50-day moving average is $53.43 and its two-hundred day moving average is $49.75. The firm has a market cap of $114.73 billion, a P/E ratio of 22.84 and a beta of 0.63.

Enbridge (NYSE:ENB - Get Free Report) TSE: ENB last issued its earnings results on Friday, February 13th. The pipeline company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.03. Enbridge had a return on equity of 11.19% and a net margin of 11.30%.The company had revenue of $17.18 billion for the quarter, compared to analyst estimates of $9.10 billion. During the same period in the prior year, the firm posted $0.75 EPS. Analysts predict that Enbridge Inc will post 2.23 earnings per share for the current fiscal year.

Enbridge News Summary

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Company highlighted its long dividend growth streak and a large project backlog, reinforcing confidence in stable cash flows that support shareholder returns and long‑term capital spending — a yield and growth narrative that typically attracts income investors. Article Title
• Positive Sentiment: An Enbridge subsidiary secured presidential permits for cross‑border pipelines, which reduces execution risk on certain international projects and supports future fee‑based cash flows. Article Title
• Neutral Sentiment: Analyst update: Scotiabank trimmed its FY2026 EPS forecast slightly (from $2.25 to $2.22) but kept an Outperform rating — a mild earnings revision that signals limited change to the investment thesis. Article Title
• Neutral Sentiment: Investor attention is elevated — ENB has been among the most searched stocks on Zacks/finance outlets this week, which can boost volume and short‑term momentum but is not a directional fundamental catalyst by itself. Article Title
• Negative Sentiment: The U.S. Supreme Court rejected Enbridge's bid to move the Line 5 legal fight to federal court, sending the dispute back to Michigan state courts — increasing jurisdictional uncertainty and prolonging regulatory/legal risk for that asset. This headline can pressure sentiment around operational/regulatory exposure even if it doesn't immediately affect cash flows. Article Title

Wall Street Analyst Weigh In

Several research analysts recently weighed in on ENB shares. Raymond James Financial raised Enbridge to a "moderate buy" rating in a research report on Tuesday, February 17th. Scotiabank reissued an "outperform" rating on shares of Enbridge in a research report on Tuesday, February 17th. TD Securities lowered Enbridge from a "buy" rating to a "hold" rating in a research report on Tuesday, February 17th. Zacks Research raised Enbridge from a "strong sell" rating to a "hold" rating in a research report on Monday, December 29th. Finally, BMO Capital Markets reissued a "market perform" rating on shares of Enbridge in a research report on Tuesday, February 17th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, Enbridge has a consensus rating of "Moderate Buy" and a consensus target price of $65.00.

Enbridge Profile

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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