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



Geode Capital Management LLC Purchases 985546 Shares of Enbridge Inc. NYSE:ENB

December 21, 2024
Enbridge Inc., a leading energy transportation company, recently announced that Geode Capital Management LLC has purchased 985,546 shares of its stock on the New York Stock Exchange (NYSE: ENB). With this significant acquisition, Geode Capital Management LLC has increased its stake in Enbridge Inc., indicating confidence in the company's growth prospects.

Enbridge Inc. has been attracting attention from institutional investors due to its stable performance and attractive dividends. As of now, the company has 53% institutional ownership, making it a favorite among big players in the market.

Enbridge Inc. operates a vast network of oil and gas pipelines, making it a crucial player in the energy industry. The company's infrastructure spans across North America, with pipelines that transport crude oil, natural gas, and other petroleum products.

Investors seeking income have been drawn to Enbridge Inc. and other high-dividend energy stocks. With an impressive dividend yield, Enbridge Inc. offers a reliable source of income for income-seeking investors.

This recent acquisition by Geode Capital Management LLC further strengthens Enbridge Inc.'s position in the market. As a result, stocks prognosis professionals recommend considering purchasing Enbridge Inc. shares to capitalize on the company's growth potential.

Investing in Enbridge Inc. could provide opportunities for significant returns, especially with the increasing demand for energy transportation. Stocks Prognosis, a team of professionals specializing in stock market forecasts, can provide expert guidance on the projected movement of Enbridge Inc.'s stocks. Their insights can aid investors in making informed decisions about their investment portfolio.
If you want to leave a comment, then you need Login or Register





Other data for ENB

Related data

ENBJuly 11, 2025Enbridge Inc NYSE:ENB Welcomes New Line 5 Operations Manager in Michigan  ~1 min.

Enbridge Inc. has recently announced the appointment of a new Line 5 operations manager in Michigan, further solidifying their commitment to safe and efficient energy transportation....

ENBJuly 2, 2025Is Enbridge Ready to Capitalize on Mounting Clean Energy Demand?  ~1 min.

With a growing focus on clean energy solutions, Enbridge Inc is in a prime position to capitalize on the increasing demand for renewable energy sources....

ENBJune 2, 2025ENBRIDGE INC. Hits Price Target Forecast with Profit of 10.44%: A Success for QuantWave's Analytics  ~2 min.

ENBRIDGE INC. has successfully achieved the price target forecast set by QuantWave, with a profit of 10.44% realized from the stock movement....

ENBJune 2, 2025ENBRIDGE INC. Hits QuantWave Price Target Forecast with an 11.36% Profit Gain  ~1 min.

On December 9, 2024, QuantWave's automated forecasting platform issued a long signal for ENBRIDGE INC. with a price of 42.35 $....

ENBMay 2, 2025ENBRIDGE INC. Stock Hits Price Target with 12.4% Profit: QuantWave Forecast Success  ~1 min.

On November 8, 2024, QuantWave's forecasting system signaled a long position for ENBRIDGE INC. stock when it was trading at 41.69 $....

ENBMay 2, 2025ENBRIDGE INC. Hits Price Target Forecast with 11.92% Profit, Confirms QuantWave's Accuracy  ~1 min.

ENBRIDGE INC. has successfully reached the price target forecast set by QuantWave, generating a profit of 11....

ENBApril 30, 2025ENBRIDGE INC. Hits Price Target Forecast with 10.69% Profit Achieved  ~1 min.

ENBRIDGE INC. has successfully reached the price target forecast set by QuantWave, resulting in a profit of 10.69%. The forecast signal was issued on 2024-11-15 with a price of 42....

ENBMarch 20, 2025ENB Stock Approaching a 52-Week High Mark: Buy Now or Wait for a Dip  ~2 min.

Enbridge Inc. (NYSE: ENB) has been making waves in the stock market as its stock price is approaching a 52-week high....

ENBMarch 18, 2025Enbridge Inc. Appoints Steven W. Williams as Chair of the Board Effective May 7 2025  ~1 min.

Enbridge Inc., a leading energy transportation company, has announced the appointment of Steven W. Williams as the new Chair of the Board, effective May 7, 2025....

ENBMarch 17, 2025Enbridge Inc. Outlines Ambitious Growth Plans, Reaffirms 2025 Financial Outlook  ~2 min.

Enbridge Inc., the multinational energy transportation company, has recently announced its ambitious growth plans and reaffirmed its financial outlook for 2025....

KMIFebruary 7, 2025Clear Creek Financial Management LLC Acquires Shares of Kinder Morgan Inc.  ~1 min.

Clear Creek Financial Management LLC has acquired shares of Kinder Morgan Inc., a leading energy infrastructure company....

KMIJanuary 26, 2025Kinder Morgan Inc Reports Impressive Q4 2024 Earnings, Anticipated Growth Ahead  ~2 min.

Kinder Morgan Inc (NYSE: KMI) announced its Q4 2024 earnings today, revealing a strong financial performance and impressive growth prospects. The company reported earnings per share (EPS) of 0....

WMBMarch 16, 2025Investor Optimism Abounds The Williams Companies Inc. NYSE:WMB But Growth Is Lacking - Simply Wall St News  ~2 min.

The Williams Companies Inc. (NYSE:WMB), a renowned energy infrastructure company, has captured the interest of many investors with their recent performance....

KMIJanuary 1, 2025Kinder Morgan Inc. KMI: A Leader in Energy Infrastructure  ~2 min.

Kinder Morgan Inc. (NYSE: KMI) is a renowned energy infrastructure company that continues to attract attention in the stock market....

KMIFebruary 10, 2025Kinder Morgan Inc. KMI Attracts Investor Attention with Backlog of Gas Pipeline Projects  ~2 min.

Kinder Morgan Inc. (NYSE: KMI) has been gaining investor attention due to its impressive backlog of gas pipeline projects....