Q2 Earnings Forecast for Enbridge Issued By Atb Cap Markets

Enbridge Inc. (NYSE:ENB) (TSE:ENB) – Investment analysts at Atb Cap Markets cut their Q2 2025 earnings estimates for shares of Enbridge in a report issued on Sunday, November 3rd. Atb Cap Markets analyst N. Heywood now expects that the pipeline company will post earnings per share of $0.50 for the quarter, down from their prior forecast of $0.52. The consensus estimate for Enbridge’s current full-year earnings is $2.06 per share. Atb Cap Markets also issued estimates for Enbridge’s Q3 2025 earnings at $0.45 EPS.

A number of other equities research analysts have also issued reports on the stock. Jefferies Financial Group lowered shares of Enbridge from a “buy” rating to a “hold” rating in a report on Monday, September 30th. Wells Fargo & Company upgraded shares of Enbridge from an “underweight” rating to an “equal weight” rating in a report on Wednesday. Finally, Morgan Stanley initiated coverage on Enbridge in a report on Friday, October 25th. They issued an “equal weight” rating on the stock.

Enbridge Stock Up 1.2 %

Shares of ENB opened at $41.54 on Tuesday. Enbridge has a 52-week low of $32.76 and a 52-week high of $42.16. The company has a quick ratio of 0.68, a current ratio of 0.62 and a debt-to-equity ratio of 1.41. The stock has a fifty day simple moving average of $40.82 and a two-hundred day simple moving average of $38.12. The company has a market capitalization of $90.45 billion, a PE ratio of 19.23, a price-to-earnings-growth ratio of 3.97 and a beta of 0.93.

Enbridge (NYSE:ENB) (TSE:ENB) last announced its quarterly earnings data on Friday, November 1st. The pipeline company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.15. The firm had revenue of $10.91 billion for the quarter, compared to the consensus estimate of $4.54 billion. Enbridge had a return on equity of 9.94% and a net margin of 13.54%. During the same quarter last year, the business posted $0.46 earnings per share.

Enbridge Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, December 1st. Shareholders of record on Friday, November 15th will be given a $0.676 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $2.70 dividend on an annualized basis and a yield of 6.51%. This is a boost from Enbridge’s previous quarterly dividend of $0.67. Enbridge’s dividend payout ratio is presently 122.22%.

Hedge Funds Weigh In On Enbridge

Several large investors have recently made changes to their positions in the stock. Vanguard Group Inc. raised its position in Enbridge by 1.5% in the first quarter. Vanguard Group Inc. now owns 84,280,486 shares of the pipeline company’s stock valued at $3,049,268,000 after purchasing an additional 1,227,031 shares during the period. TD Asset Management Inc raised its holdings in shares of Enbridge by 0.9% in the 1st quarter. TD Asset Management Inc now owns 38,087,489 shares of the pipeline company’s stock valued at $1,377,708,000 after buying an additional 337,729 shares during the period. 1832 Asset Management L.P. lifted its stake in Enbridge by 3.9% during the 1st quarter. 1832 Asset Management L.P. now owns 36,649,579 shares of the pipeline company’s stock worth $1,325,982,000 after acquiring an additional 1,360,439 shares in the last quarter. Cibc World Market Inc. boosted its holdings in Enbridge by 12.8% during the 2nd quarter. Cibc World Market Inc. now owns 32,531,675 shares of the pipeline company’s stock valued at $1,157,802,000 after acquiring an additional 3,693,495 shares during the period. Finally, CIBC Asset Management Inc grew its position in Enbridge by 4.0% in the 3rd quarter. CIBC Asset Management Inc now owns 24,161,024 shares of the pipeline company’s stock valued at $984,205,000 after acquiring an additional 936,863 shares in the last quarter. 54.60% of the stock is currently owned by institutional investors and hedge funds.

Enbridge Company Profile

Enbridge Inc, together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States.