Osmosis Investment Management UK Ltd Sells 244,183 Shares of Enbridge Inc $ENB

Key Points

• Osmosis Investment Management UK Ltd cut its Enbridge stake by 67.5% in the second quarter, selling 244,183 shares and retaining 117,332 shares valued at approximately $6.36 million. Institutional investors collectively own 54.6% of the company.
• Enbridge exceeded quarterly expectations, reporting $0.46 in EPS versus the $0.43 consensus and revenue of $9.70 billion versus $8.67 billion expected. Shares opened at $50.48, below their 50- and 200-day moving averages.
• The company declared a quarterly dividend of $0.97, equivalent to an annualized $3.88 payout and a 7.7% yield. Despite some bullish analyst revisions, Enbridge has a consensus “Hold” rating, with leverage and potential Mainline volume pressure cited as risks.

Osmosis Investment Management UK Ltd decreased its position in Enbridge Inc (NYSE:ENB - Free Report) TSE: ENB by 67.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 117,332 shares of the pipeline company's stock after selling 244,183 shares during the period. Osmosis Investment Management UK Ltd's holdings in Enbridge were worth $6,360,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Empowered Funds LLC boosted its holdings in Enbridge by 24.2% in the 1st quarter. Empowered Funds LLC now owns 110,014 shares of the pipeline company's stock worth $5,956,000 after buying an additional 21,442 shares during the period. SCS Capital Management LLC purchased a new stake in shares of Enbridge in the second quarter worth about $9,204,000. Vanguard Group Inc. lifted its holdings in shares of Enbridge by 2.1% in 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 in the last quarter. RNC Capital Management LLC lifted its holdings in shares of Enbridge by 1.6% in the fourth quarter. RNC Capital Management LLC now owns 1,446,697 shares of the pipeline company's stock worth $69,196,000 after buying an additional 22,637 shares in the last quarter. Finally, Western Wealth Management LLC boosted its position in shares of Enbridge by 346.8% in the first quarter. Western Wealth Management LLC now owns 36,190 shares of the pipeline company's stock valued at $1,959,000 after acquiring an additional 28,091 shares during the period. Hedge funds and other institutional investors own 54.60% of the company's stock.

Enbridge Stock Performance

NYSE:ENB opened at $50.48 on Monday. The company has a market capitalization of $110.25 billion, a price-to-earnings ratio of 26.99 and a beta of 0.58. The business has a 50 day moving average of $54.14 and a 200 day moving average of $54.03. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.72 and a quick ratio of 0.66. Enbridge Inc has a 1-year low of $45.03 and a 1-year high of $58.45.

Enbridge (NYSE:ENB - Get Free Report) TSE: ENB last issued 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. The business had revenue of $9.70 billion for the quarter, compared to analysts' expectations of $8.67 billion. Enbridge had a net margin of 7.20% and a return on equity of 11.17%. During the same period last year, the business earned $0.65 earnings per share. On average, sell-side analysts predict that Enbridge Inc will post 2.11 earnings per share for the current fiscal year.

Enbridge Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Friday, August 14th will be issued a $0.97 dividend. The ex-dividend date is Friday, August 14th. This represents a $3.88 annualized dividend and a dividend yield of 7.7%. Enbridge's payout ratio is currently 147.06%.

Enbridge News Roundup

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: US Capital Advisors upgraded Enbridge from “hold” to “moderate buy,” signaling improved confidence in the company’s risk-reward profile at recent valuation levels. Zacks.com
• Positive Sentiment: US Capital Advisors raised its earnings forecasts across several periods. Estimates increased to $0.43 per share for Q3 2026, $0.61 for Q4 2026, $0.48 for Q2 2027, $0.46 for Q3 2027 and $0.69 for Q4 2027. Its FY2027 forecast rose to $2.41 per share from $2.24, above the current full-year consensus of $2.11. These revisions suggest expectations for stronger earnings momentum. MarketBeat analyst estimates
• Positive Sentiment: Enbridge’s long dividend-growth record remains attractive to income investors. The company has increased its dividend for 31 consecutive years, and the recent share-price pullback may improve its yield and valuation appeal. Enbridge dividend analysis
• Neutral Sentiment: Some analysis suggests Enbridge is fairly valued after generating roughly a 93% total return over five years, limiting the potential for near-term multiple expansion despite its infrastructure cash flows. Enbridge valuation analysis
• Negative Sentiment: Risks include weaker second-quarter results, elevated leverage and competition. Enbridge has a roughly CAD 41 billion secured growth backlog, but competing egress pipelines could pressure volumes on its Mainline System, which contributes about one-third of EBITDA. Debt-to-EBITDA of approximately 5.1 times also exceeds the company’s preferred range and leaves earnings more exposed to interest costs. Enbridge growth backlog and Mainline risks

Wall Street Analyst Weigh In

Several brokerages recently commented on ENB. Raymond James Financial cut shares of Enbridge from an "outperform" rating to a "market perform" rating in a research note on Friday, July 31st. 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 note on Monday, August 3rd. BMO Capital Markets reissued a "market perform" rating on shares of Enbridge in a report on Monday, August 3rd. TD Securities restated a "hold" rating on shares of Enbridge in a research report on Thursday, July 16th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of Enbridge in a report on Wednesday. Five analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat.com, Enbridge has a consensus rating of "Hold" and an average price target of $67.00.

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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