Westerkirk Capital Inc. Reduces Position in Enbridge Inc $ENB

22 Feb 2026, 12:56 by Mitch Edgeman · The Markets Daily

Westerkirk Capital Inc. trimmed its holdings in Enbridge Inc (NYSE:ENB – Free Report) (TSE:ENB) by 16.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,587 shares of the pipeline company’s stock after selling 18,639 shares during the quarter. Westerkirk Capital Inc.’s holdings in Enbridge were worth $4,621,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in ENB. Tsfg LLC lifted its position in Enbridge by 329.6% during the third quarter. Tsfg LLC now owns 494 shares of the pipeline company’s stock worth $25,000 after buying an additional 379 shares in the last quarter. Whipplewood Advisors LLC increased its stake in shares of Enbridge by 112.4% in the 2nd quarter. Whipplewood Advisors LLC now owns 582 shares of the pipeline company’s stock worth $26,000 after acquiring an additional 308 shares during the last quarter. Highline Wealth Partners LLC increased its stake in shares of Enbridge by 73.1% in the 3rd quarter. Highline Wealth Partners LLC now owns 559 shares of the pipeline company’s stock worth $28,000 after acquiring an additional 236 shares during the last quarter. Financial Gravity Companies Inc. purchased a new position in shares of Enbridge during the 2nd quarter worth $29,000. Finally, True Wealth Design LLC boosted its position in shares of Enbridge by 588.2% during the 3rd quarter. True Wealth Design LLC now owns 585 shares of the pipeline company’s stock valued at $30,000 after acquiring an additional 500 shares during the last quarter. 54.60% of the stock is currently owned by hedge funds and other institutional investors.

Enbridge Stock Performance

Shares of ENB stock opened at $51.50 on Friday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.68 and a current ratio of 0.63. The firm has a market cap of $112.35 billion, a P/E ratio of 22.39 and a beta of 0.69. The firm’s 50 day moving average price is $48.39 and its 200-day moving average price is $48.18. Enbridge Inc has a one year low of $39.73 and a one year high of $54.19.

Enbridge (NYSE:ENB – Get Free Report) (TSE:ENB) last announced its earnings results on Friday, February 13th. The pipeline company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 quarter in the previous year, the company earned $0.75 earnings per share. As a group, equities research analysts predict that Enbridge Inc will post 2.14 EPS for the current year.

Enbridge Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, March 1st. Investors of record on Tuesday, February 17th will be paid a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 7.5%. The ex-dividend date of this dividend is Tuesday, February 17th. This is a positive change from Enbridge’s previous quarterly dividend of $0.94. Enbridge’s dividend payout ratio is currently 120.87%.

Analysts Set New Price Targets

ENB has been the subject of several recent analyst reports. Citigroup restated a “buy” rating on shares of Enbridge in a research report on Thursday. TD Securities downgraded shares of Enbridge from a “buy” rating to a “hold” rating in a report on Tuesday. Royal Bank Of Canada lifted their price target on shares of Enbridge from $72.00 to $76.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. Scotiabank reiterated an “outperform” rating on shares of Enbridge in a report on Tuesday. Finally, Raymond James Financial raised Enbridge to a “moderate buy” rating in a research note on Tuesday, February 17th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Enbridge currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.00.

Check Out Our Latest Analysis on ENB

Key Stories Impacting Enbridge

Here are the key news stories impacting Enbridge this week:

Positive Sentiment: Scotiabank raised its FY2027 EPS estimate for Enbridge (from $2.39 to $2.46) and keeps an Outperform rating, citing brighter prospects later in the fiscal year — a direct analyst upgrade that supports higher target valuations. Why Enbridge (NYSE:ENB) Scotiabank See Brighter Later Fiscal Year Prospects?
Positive Sentiment: RBC analyst publicly said Enbridge’s stock price is expected to rise, reinforcing buy-side analyst momentum that can lift sentiment and demand. Enbridge (NYSE:ENB) Stock Price Expected to Rise, Royal Bank Of Canada Analyst Says
Positive Sentiment: Coverage pieces highlight Enbridge’s steady take-or-pay cash flows, rising EBITDA and a 31‑year dividend increase streak; the stock is up ~23% over the past year on that stability — factors that attract income and utility-style investors. Enbridge Shares Up 22.9% in a Year: Should You Buy the Stock or Wait?
Positive Sentiment: News roundups note Enbridge reported strong Q4 profit gains (beating EPS expectations and showing large revenue), supporting near-term fundamentals and dividend coverage. Stock news for investors: Mixed Q4 results with big profit gains for Enbridge, Nutrien, and Cenovus
Positive Sentiment: Investor-oriented outlets list Enbridge as a long-term dividend holding, reinforcing buy-and-hold demand from income investors. 2 Dividend Stocks to Hold for the Next 5 Years
Neutral Sentiment: General coverage flags Enbridge as a trending stock and summarizes key facts (dividend history, cash‑flow profile, leverage), useful context but not a fresh catalyst. Enbridge Inc (ENB) Is a Trending Stock: Facts to Know Before Betting on It
Negative Sentiment: Unusually large put-option volume was recorded (over 20,000 puts bought in a session, a >1,000% jump vs. average), indicating elevated hedging or bearish positioning that can add near-term selling pressure or volatility.

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.