Gqg Partners Reduces $213M in Enbridge Inc. ($ENB)

Key Points

  • Gqg Partners changed its Enbridge Inc. ($ENB) stake by 4.89% last quarter, cutting to 76,426,780 shares worth $4.14 billion.
  • Wall Street's consensus rating on $ENB is Buy and an average price target of $52.97.
  • $ENB last traded around $54.21.

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Gqg Partners trimmed its position in Enbridge Inc. ($ENB) by 4.89% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 76,426,780 shares of Enbridge Inc. after selling 3,926,678 shares during the quarter. Gqg Partners's holdings in Enbridge Inc. were worth $4.14 billion as of its most recent filing.

Enbridge Inc. Stock Up 8.0%

Shares of Enbridge Inc. ($ENB) traded around $54.21 on Saturday, up 8.0% for the day.

Last price$54.21
Market cap$110.45B
P/E ratio27.04
Forward P/E21.86
PEG ratio5.75
Beta0.79
52-week low$45.03
52-week high$58.45
50-day MA$53.57
200-day MA$52.11
Current ratio0.72
Quick ratio0.49
Debt-to-equity1.63

Enbridge Inc. Earnings

EPS (ttm)$1.87
Revenue (ttm)$83.49B
Revenue growth97.10%
Net margin7.34%
Return on equity9.22%
Next earningsNov 6, 2026

Enbridge Inc. Dividend

Annual dividend$2.80
Dividend yield557%
Payout ratio147.68%
Ex-dividend dateAug 14, 2026

Analysts Set New Price Targets

ConsensusBuy
Average target$52.97
High target$60.57
Low target$46.01
Analysts covering4

About Enbridge Inc.

Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation. The Liquids Pipelines segment operates pipelines and related terminals to transport, store, and export various grades of crude oil and other liquid hydrocarbons in Canada and the United States. This segment also provides physical commodity marketing and logistical services, and crude oil marketing services. The Gas Transmission segment invests in natural gas pipelines and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution activities in Quebec. The Renewable Power Generation segment operates wind, solar, geothermal, waste heat recovery, and transmission assets in North America. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.

ExchangeNYSE
SectorEnergy
IndustryOil & Gas Midstream
HeadquartersCalgary, AB
CEOMr. Gregory Lorne Ebel
Employees14,800

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