Rep. Brian Babin Sells Enbridge Inc (NYSE:ENB) Stock

Representative Brian Babin (Republican-Texas) recently sold shares of Enbridge Inc (NYSE:ENB). In a filing disclosed on May 18th, the Representative disclosed that they had sold between $1,001 and $15,000 in Enbridge stock on May 5th. The trade occurred in the Representative’s “UBS SEP IRA” account.

Representative Brian Babin also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Westshore Terminals Investment (OTCMKTS:WTSHF) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of Compass Diversified (NYSE:CODI) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of FTAI Infrastructure (NASDAQ:FIP) on 5/5/2026.
• Sold $15,001 – $50,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of Energy Transfer (NYSE:ET) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of South32 (OTCMKTS:SOUHY) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of Range Resources (NYSE:RRC) on 5/5/2026.
• Sold $15,001 – $50,000 in shares of Huntington Ingalls Industries (NYSE:HII) on 5/5/2026.
• Sold $1,001 – $15,000 in shares of Woodside Energy Group (NYSE:WDS) on 5/5/2026.
• Sold $50,001 – $100,000 in shares of FTAI Aviation (NASDAQ:FTAI) on 5/5/2026.

Enbridge Trading Up 0.8%

NYSE:ENB opened at $56.81 on Wednesday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.73 and a current ratio of 0.81. The firm has a market cap of $124.06 billion, a price-to-earnings ratio of 26.67 and a beta of 0.59. Enbridge Inc has a 52 week low of $43.59 and a 52 week high of $57.01. The firm has a 50-day moving average price of $53.98 and a two-hundred day moving average price of $50.56.

Enbridge (NYSE:ENB) (TSE:ENB) last posted its quarterly earnings data on Friday, May 8th. The pipeline company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.69 by $0.02. The firm had revenue of $9.37 billion during the quarter, compared to analyst estimates of $8.49 billion. Enbridge had a net margin of 9.83% and a return on equity of 11.21%. During the same quarter last year, the business posted $1.03 EPS. On average, equities analysts expect that Enbridge Inc will post 2.17 earnings per share for the current fiscal year.

Enbridge Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Friday, May 15th will be paid a $0.97 dividend. The ex-dividend date is Friday, May 15th. This represents a $3.88 annualized dividend and a yield of 6.8%. Enbridge’s dividend payout ratio (DPR) is 133.80%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Western Wealth Management LLC boosted its holdings in Enbridge by 346.8% in the 1st quarter. Western Wealth Management LLC now owns 36,190 shares of the pipeline company’s stock worth $1,959,000 after buying an additional 28,091 shares during the period. Wilson & Boucher Capital Management LLC bought a new position in Enbridge in the 1st quarter valued at $210,000. Strategic Investment Advisors MI bought a new position in Enbridge in the 1st quarter valued at $1,441,000. Arkadios Wealth Advisors boosted its holdings in Enbridge by 13.8% in the 1st quarter. Arkadios Wealth Advisors now owns 21,700 shares of the pipeline company’s stock valued at $1,175,000 after purchasing an additional 2,636 shares during the period. Finally, IFS Group LLC bought a new position in Enbridge in the 1st quarter valued at $366,000. 54.60% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. JPMorgan Chase & Co. lowered shares of Enbridge from an “overweight” rating to a “neutral” rating in a research note on Tuesday, January 27th. Citigroup reiterated a “buy” rating on shares of Enbridge in a research note on Thursday, February 19th. BMO Capital Markets reiterated a “market perform” rating on shares of Enbridge in a research note on Tuesday, February 17th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Enbridge in a research note on Monday, May 11th. Finally, TD Securities lowered shares of Enbridge from a “buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $66.50.

About Representative Babin

Brian Babin (Republican Party) is a member of the U.S. House, representing Texas’ 36th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Babin (Republican Party) is running for re-election to the U.S. House to represent Texas’ 36th Congressional District. He declared candidacy for the 2026 election.

Babin is a member of the House Transportation and Infrastructure Committee and the House Committee on Science, Space, and Technology.

Babin served in the United States Air Force as a captain from 1975 to 1979. While serving, he earned his B.S. in biology from Lamar University in 1973. He then enrolled in dental school at the University of Texas and graduated with his D.D.S. in 1976. He has been engaged in general dental practice since 1979.

About Enbridge

Enbridge Inc is a Calgary, Alberta–based energy infrastructure company that develops, owns and operates a diversified portfolio of energy transportation, distribution and generation assets. Its core activities include the operation of crude oil and liquids pipelines, natural gas transmission and distribution systems, and energy storage facilities. In addition to midstream transportation and storage, Enbridge has expanded into renewable power generation and energy transition projects, including wind, solar and utility-scale generation assets.

The company serves customers primarily in Canada and the United States and has interests in other international energy projects.