Atb Cap Markets Has Negative Outlook of Enbridge Q3 Earnings

Enbridge Inc. (NYSE:ENB) (TSE:ENB) – Investment analysts at Atb Cap Markets dropped 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 anticipates that the pipeline company will earn $0.40 per share for the quarter, down from their previous 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 data on Friday, February 14th. The pipeline company reported $0.75 earnings per share for the quarter, topping analysts’ consensus estimates of $0.52 by $0.23. Enbridge had a net margin of 10.04% and a return on equity of 10.16%. The firm had revenue of $11.59 billion during the quarter, compared to analyst estimates of $4.78 billion. During the same period in the previous year, the business posted $0.64 EPS.

ENB has been the topic of several other research reports. Royal Bank of Canada lifted their price objective on Enbridge from $63.00 to $67.00 and gave the stock an “outperform” rating in a report on Tuesday, February 18th. TD Securities initiated coverage on Enbridge in a research note on Wednesday, January 15th. They issued a “buy” rating on the stock. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $67.00.

Enbridge Stock Performance

Enbridge stock opened at $41.64 on Thursday. The firm has a fifty day simple moving average of $43.45 and a two-hundred day simple moving average of $42.06. The company has a quick ratio of 0.54, a current ratio of 0.55 and a debt-to-equity ratio of 1.50. Enbridge has a twelve month low of $32.85 and a twelve month high of $45.78. The company has a market capitalization of $90.73 billion, a PE ratio of 24.21, a P/E/G ratio of 3.92 and a beta of 0.94.

Hedge Funds Weigh In On Enbridge

Several hedge funds and other institutional investors have recently modified their holdings of the company. McIlrath & Eck LLC increased its holdings in Enbridge by 74.9% during the 3rd quarter. McIlrath & Eck LLC now owns 689 shares of the pipeline company’s stock valued at $28,000 after purchasing an additional 295 shares during the period. Albion Financial Group UT purchased a new position in shares of Enbridge during the fourth quarter valued at approximately $29,000. Wintrust Investments LLC increased its stake in shares of Enbridge by 47.8% during the fourth quarter. Wintrust Investments LLC now owns 736 shares of the pipeline company’s stock valued at $31,000 after buying an additional 238 shares during the period. GeoWealth Management LLC raised its holdings in shares of Enbridge by 436.4% during the fourth quarter. GeoWealth Management LLC now owns 751 shares of the pipeline company’s stock valued at $32,000 after acquiring an additional 611 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in Enbridge in the third quarter worth $37,000. 54.60% of the stock is owned by institutional investors.

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.