Atb Cap Markets Analysts Cut Earnings Estimates for Enbridge

Enbridge Inc. (NYSE:ENB) (TSE:ENB) – Stock analysts at Atb Cap Markets lowered their Q3 2025 earnings per share estimates for Enbridge in a research note issued to investors on Tuesday, March 4th. Atb Cap Markets analyst N. Heywood now expects that the pipeline company will earn $0.40 per share for the quarter, down from their prior forecast of $0.41. The consensus estimate for Enbridge’s current full-year earnings is $2.14 per share. Atb Cap Markets also issued estimates for Enbridge’s Q1 2026 earnings at $0.71 EPS, Q3 2026 earnings at $0.43 EPS, FY2026 earnings at $2.21 EPS and FY2027 earnings at $2.32 EPS.

Enbridge (NYSE:ENB) (TSE:ENB) last announced its quarterly earnings results on Friday, February 14th. The pipeline company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.23. The company had revenue of $11.59 billion during the quarter, compared to the consensus estimate of $4.78 billion. Enbridge had a return on equity of 10.16% and a net margin of 10.04%. During the same period in the previous year, the company posted $0.64 earnings per share.

ENB has been the subject of a number of other research reports. TD Securities started coverage on shares of Enbridge in a report on Wednesday, January 15th. They issued a “buy” rating for the company. Royal Bank of Canada lifted their price target on Enbridge from $63.00 to $67.00 and gave the company an “outperform” rating in a research note on Tuesday, February 18th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, Enbridge currently has a consensus rating of “Hold” and an average target price of $67.00.

Enbridge Stock Performance

ENB opened at $42.00 on Thursday. The firm has a fifty day moving average price of $43.45 and a 200 day moving average price of $42.08. Enbridge has a 1 year low of $32.85 and a 1 year high of $45.78. The stock has a market cap of $91.51 billion, a P/E ratio of 24.42, a P/E/G ratio of 3.92 and a beta of 0.95. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.55 and a quick ratio of 0.54.

Institutional Investors Weigh In On Enbridge

A number of institutional investors have recently added to or reduced their stakes in the stock. Swiss National Bank grew its position in shares of Enbridge by 3.2% in the third quarter. Swiss National Bank now owns 6,585,231 shares of the pipeline company’s stock valued at $267,935,000 after purchasing an additional 207,200 shares during the period. Metis Global Partners LLC lifted its stake in Enbridge by 4.0% in the 4th quarter. Metis Global Partners LLC now owns 206,921 shares of the pipeline company’s stock valued at $8,782,000 after buying an additional 7,986 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in Enbridge by 70.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 1,296,374 shares of the pipeline company’s stock worth $52,648,000 after buying an additional 536,818 shares during the last quarter. Duff & Phelps Investment Management Co. increased its stake in Enbridge by 32.6% during the 3rd quarter. Duff & Phelps Investment Management Co. now owns 1,302,132 shares of the pipeline company’s stock worth $52,880,000 after buying an additional 319,907 shares in the last quarter. Finally, Sound Income Strategies LLC raised its holdings in shares of Enbridge by 8.6% during the fourth quarter. Sound Income Strategies LLC now owns 631,820 shares of the pipeline company’s stock valued at $26,808,000 after acquiring an additional 49,800 shares during the last quarter. Institutional investors and hedge funds own 54.60% of the company’s stock.

About Enbridge

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.