Foster Victor Wealth Advisors 13F: Adds $1.2M to ENB Stake

Foster Victor Wealth Advisors boosted its position in Enbridge Inc. ENB by 24,408 shares, according to a Form 13F filed with the U.S. Securities and Exchange Commission on October 21, 2026. The purchase grew the firm's stake by 7.8% to end the period with 339,168 shares worth approximately $15.98 million. Enbridge shares closed at $48.01 on the day of the filing.

ENB Enbridge Inc.

$48.01 ▲ +3.81% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Foster Victor Wealth Advisors's Enbridge Position

The wealth management firm expanded its footprint in the energy infrastructure company by adding 24,408 shares to its prior count of 314,760 shares. The resulting total of 339,168 shares reflects a 7.8% increase for the portfolio. Based on the $48.01 close on October 21, 2026, the updated holding holds a market value of roughly $15.98 million.

Other Institutional Activity in Enbridge

Waverly Advisors grew its holdings by 3,878 shares, ending with 248,191 shares worth about $13.45 million. Royal Bank of Canada lifted its stake by 5,728,390 shares, or 5.6%, to hold 108,387,706 shares valued at $5.2 billion. Bank of Montreal /CAN/ added 4,284,437 shares, a 7.5% increase, finishing with 61,486,532 shares worth $2.95 billion. On the other hand, GQG Partners LLC reduced its position by 27,347,504 shares, a 35.8% drop, leaving it with 49,084,876 shares valued at $2.36 billion. Deutsche Bank AG trimmed its holdings by 442,604 shares, or 1.3%, to hold 34,135,814 shares worth $1.64 billion.

Enbridge Inc. Stock Holds Steady

Enbridge shares recently traded around $48.01 as of October 23, 2026, matching their close on the filing date. The stock trades below its 50-day moving average of $48.54 and below its 200-day moving average of $52.14. Over the past year, the shares have moved between a low of $45.03 and a high of $58.45.

Recent Earnings

The company reported trailing twelve-month revenue of $83.49 billion with earnings of $1.87 per share. Enbridge posted a net profit margin of 7.3% and a return on equity of 9.2%. The business operates across multiple energy sectors, including liquids pipelines and natural gas transmission. Investors await the company's next earnings report scheduled for November 6, 2026.

Dividend

The pipeline operator pays an annual dividend rate of $2.80 per share, which translates to a dividend yield of 5.83% based on recent trading levels. The payout ratio stands at 147.7%.

Analysts Set New Price Targets

RBC Capital maintained its Outperform rating on the stock while raising its price target from $79.00 to $84.00 on August 3, 2026. Overall, the stock carries a consensus Buy rating from analysts with a mean price target of $51.51.

About Enbridge

Enbridge Inc. operates as a major energy infrastructure company headquartered in Calgary, Alberta. The business moves and stores crude oil, natural gas, and liquid hydrocarbons across North America while also developing renewable power generation assets. Institutional interest remains active as market participants track the firm's pipeline networks and upcoming financial disclosures.

Bottom Line

Market participants will look toward the company's upcoming earnings report on November 6, 2026, for further updates on financial performance. Future SEC filings will show whether institutional investors continue to adjust their holdings in the energy infrastructure provider.