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ENB

ENBRIDGE INC.

At today's price, ENBRIDGE INC. (ENB) is priced for +6.7% growth. boothcheck doesn't publish a fair value or a price target; it shows what the price assumes, so you can judge whether that bar is too high. Built from SEC EDGAR filings.

Live priced in
+6.7% growth
Priced In
within-range

Key Takeaways

- Enbridge trades near $54.56 on a price that the relative-multiple method roughly justifies while the asset and earnings-power frames call expensive. The implied bet is durability over about six years, fitting for a regulated, contracted pipeline and utility cash stream rather than a high-growth name. - The earnings line is steady and the backlog is the story: first-quarter 2026 adjusted EBITDA of about C$5.8 billion was roughly flat year over year, the company reaffirmed 2026 guidance of $20.2

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Institutional ownership

1,450 institutional managers reported holding ENB in 13F filings for the quarter ended 2026-03-31. Together they hold about 47% of the company; the top 10 hold 23%. 134 opened new positions that quarter. Held by Vanguard Group, GQG Partners, Geode Capital, among others. On the short side, 19.1M shares were sold short as of the 2026-06-15 count, about 0.9% of shares outstanding (5 days of typical volume to cover).

Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.

Capital returns

ENB's share count grew 7.8% over the past five years even with $202.94M spent on repurchases. It pays a dividend, and has paid one every year in our records (13 and counting), raised 7 years straight; the current rate is $2.77 a share annually. Cash returned over the past three years: $16.10B in dividends.

Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.

Insider activity

No open-market insider buys on file at ENB over the trailing three years. Absence is a fact about the company, not a signal.

Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.

Earnings reactions

ENB's recent reports: the day-one move, then what the following quarter actually did.

reportday onenext quarter
2023-08-05-0.1%-11.5%
2023-11-04+0.9%+8.5%
2024-02-10-0.3%-0.1%
2024-05-11+1.2%-4.5%

Day-one is the close-to-close move around the filing. Nothing here is investment advice.

Recent filings

ENB's latest 8-K filings: 2026-05-08 (items 2.02, 9.01); 2026-05-07 (items 1.01, 3.03, 5.07, 9.01); 2026-03-27 (items 8.01, 9.01); 2026-03-20 (items 8.01, 9.01); 2026-03-10 (items 8.01, 9.01).

Item codes are the SEC's own classification of what each report discloses. Nothing here is investment advice.

Compare ENB

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Last analyzed: June 27, 2026

For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.