Stocks-Prognosis.com
Search on StockPrognosis.com
To search on the site stockprognosis.com enter the name of the ticker, company name, or search phrase
Sections of the site



Franklin Resources Inc. Reduces Stock Holdings in Enbridge Inc. NYSE:ENB

December 25, 2024
Enbridge Inc. (TSE:ENB) is a favorite amongst institutional investors, with 53% ownership from big players such as Yahoo Finance Franklin Resources Inc. However, recent reports show that Franklin Resources Inc. is reducing its stock holdings in Enbridge Inc. on the NYSE. This news may concern some investors who have relied on the stability and growth potential of Enbridge Inc.

Enbridge Inc. is a leading energy infrastructure company in North America, transporting and delivering energy to millions of people. The company operates a vast network of pipelines and storage facilities, ensuring a reliable supply of energy for its customers. With a strong focus on safety and environmental sustainability, Enbridge Inc. has earned a reputation for being a responsible and trustworthy company in the industry.

Despite the reduction in stock holdings by Franklin Resources Inc., Enbridge Inc. remains optimistic about its future prospects. The company recently announced that it will pay a larger dividend this year compared to the previous year, signaling its commitment to rewarding shareholders. This news has caught the attention of investors who are considering investing in Enbridge Inc.

If you are interested in the future movement of Enbridge Inc.'s stock, it is recommended to consult with professionals in Stocks Prognosis. Their expertise can provide valuable insights and guidance on making informed investment decisions. Remember to rely on trusted sources and experts when making financial choices.
If you want to leave a comment, then you need Login or Register





Other data for ENB

Related data

ENBSeptember 10, 2025ENBRIDGE INC. Hits Forecast Target with 15.26% Profit, Analysts at QuantWave Report  ~2 min.

ENBRIDGE INC., a leading energy transportation company, recently achieved the price target forecast set by analysts at QuantWave, resulting in a profit of 15....


ENBAugust 20, 2025ENBRIDGE INC. Hits Price Target Forecast with 21.28% Profit  ~2 min.

On December 17, 2024, QuantWave, the automated forecasting platform, issued a long signal for ENBRIDGE INC. stock when it was trading at 39.6 $....


ENBAugust 20, 2025ENBRIDGE INC. Achieves Forecast Price Target with 18.34% Profit  ~1 min.

ENBRIDGE INC. has successfully reached the price target forecasted by QuantWave on August 20, 2025. The forecast signal date was December 31, 2024, with the stock priced at 40.59 $....


ENBAugust 20, 2025ENBRIDGE INC. Hits Price Target Forecast with 15.06% Profit, as Analyzed by QuantWave  ~1 min.

ENBRIDGE INC. has successfully achieved the price target forecast set by QuantWave, signaling a profitable long position for investors....


ENBAugust 14, 2025ENBRIDGE INC. Stock Hits Forecast Price Target with 18.48% Profit, Validating QuantWave's Analytics  ~1 min.

On December 13, 2024, QuantWave, the automated forecasting platform, issued a long signal for ENBRIDGE INC. stock when it was trading at $40.09....


ENBAugust 14, 2025ENBRIDGE INC. Stock Hits Price Target with 19.53% Profit: A Success Story for QuantWave  ~2 min.

ENBRIDGE INC.'s stock has recently hit a price target forecasted by QuantWave, resulting in a remarkable profit of 19.53%. The forecast signal was provided on November 12, 2024, at a price of 39.74 $....


ENBAugust 14, 2025ENBRIDGE INC. Hits Target Forecast with 17.72% Profit – QuantWave Success  ~2 min.

ENBRIDGE INC. has recently made headlines in the financial world as it successfully reached the price target forecasted by QuantWave, yielding a substantial profit of 17.72%....


ENBAugust 14, 2025ENBRIDGE INC. Hits Price Target Forecast with 15.1% Profit, Validating QuantWave's Analytics  ~2 min.

On December 6, 2024, QuantWave, the automated forecasting platform, issued a long signal for ENBRIDGE INC. with a price target forecast of $47.5. The stock was trading at $41.27 at the time of the signal....


ENBAugust 13, 2025ENBRIDGE INC. Stock Hits Price Target as QuantWave Forecast Delivers 13.33% Profit  ~1 min.

ENBRIDGE INC. stock has reached its forecasted price target, delivering a profit of 13.33% for investors who followed QuantWave's signal....


ENBAugust 13, 2025ENBRIDGE INC. Stock Hits Price Target Forecast, Yielding Profit of 17.36%  ~1 min.

On December 24, 2024, QuantWave's forecast signal indicated a long position for ENBRIDGE INC. stock, which was trading at 40.05 $. Analysts predicted that the price would reach 47....


CSXJanuary 2, 2025CSX Corporation Announces $55 Million Investment in Rail Infrastructure Projects, Boosting Business Development and Job Creation  ~2 min.

CSX Corporation, a leading logistics company, has recently announced a significant investment of $55 million in 30 rail infrastructure projects....


ENBNovember 21, 2024Enbridge Inc. announces strong institutional backing for its shares  ~1 min.

Enbridge Inc., a leading energy infrastructure company, has recently announced that it boasts a strong institutional backing with 58% ownership....


CSXDecember 15, 2024CSX Corporation Stock Faces Halt in Dredging of Nolichucky River  ~1 min.

CSX Corporation, a leading transportation company, has been forced to halt its dredging operations in the Nolichucky River by the U.S. Army Corps of Engineers....


ENBNovember 22, 2024Enbridge Inc. Grows Stronger with High Institutional Backing  ~2 min.

Enbridge Inc. (ENB), a leading energy company, is gaining attention in the stock market due to its strong institutional backing....


CSXDecember 14, 2024CSX Corporation Halts Dredging of Nolichucky River Due to U.S. Army Corps of Engineers  ~2 min.

CSX Corporation, a leading transportation company, has been forced to halt dredging operations in the Nolichucky River in Tennessee. The U.S....