Enterprise Products Partners (NYSE:EPD) Shares Down 1% – Here’s What Happened

Enterprise Products Partners L.P. (NYSE:EPD)’s stock price traded down 1% during trading on Tuesday . The stock traded as low as $36.39 and last traded at $36.7190. 3,203,754 shares changed hands during trading, a decline of 35% from the average session volume of 4,903,688 shares. The stock had previously closed at $37.09.

Enterprise Products Partners News Summary

Here are the key news stories impacting Enterprise Products Partners this week:

• Positive Sentiment: JPMorgan raised its price target on EPD from $35.00 to $39.00 (while keeping a “neutral” rating), signaling modest upside from current levels and giving the stock renewed analyst attention. Article Title
• Positive Sentiment: The Motley Fool named EPD among top energy picks in several recent pieces, praising its resilience if oil and gas prices fall and its long track record in midstream reliability — coverage that can attract income-focused and risk-averse retail buyers. Article Title
• Positive Sentiment: Additional Fool articles highlight EPD as a steady, dividend-oriented midstream name suitable for long-term passive income portfolios, reinforcing its appeal to yield-seeking investors. Article Title
• Positive Sentiment: A separate Fool roundup that targets smaller dollar investments also lists EPD among smart energy picks amid geopolitical volatility, which can boost retail inflows. Article Title
• Neutral Sentiment: Coverage from Zacks/MarketBeat and Yahoo flags EPD as a trending, widely searched stock and lists it among energy/dividend screens; this raises visibility and may increase trading volume/volatility without adding new fundamental catalysts. Zacks Article MarketBeat/Yahoo

Wall Street Analyst Weigh In

Several analysts recently issued reports on EPD shares. Raymond James Financial cut Enterprise Products Partners from a “strong-buy” rating to an “outperform” rating and set a $36.00 target price on the stock. in a research note on Monday, January 5th. Morgan Stanley cut Enterprise Products Partners from an “equal weight” rating to an “underweight” rating and set a $34.00 price objective for the company. in a report on Thursday, December 18th. Scotiabank reiterated a “sector perform” rating and issued a $37.00 price objective (up from $35.00) on shares of Enterprise Products Partners in a research report on Thursday, February 5th. Jefferies Financial Group reissued a “hold” rating and set a $34.00 target price on shares of Enterprise Products Partners in a research note on Wednesday, February 4th. Finally, JPMorgan Chase & Co. upped their target price on Enterprise Products Partners from $35.00 to $39.00 and gave the company a “neutral” rating in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $36.57.

Enterprise Products Partners Stock Performance

The company has a 50 day moving average of $34.39 and a two-hundred day moving average of $32.62. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.04 and a quick ratio of 0.74. The company has a market capitalization of $79.38 billion, a PE ratio of 13.80, a PEG ratio of 2.67 and a beta of 0.58.

Enterprise Products Partners (NYSE:EPD) last announced its earnings results on Monday, February 2nd. The oil and gas producer reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. The firm had revenue of $13.79 billion for the quarter, compared to analysts’ expectations of $12.44 billion. Enterprise Products Partners had a net margin of 11.05% and a return on equity of 19.33%. The company’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.74 EPS. As a group, equities research analysts predict that Enterprise Products Partners L.P. will post 2.9 earnings per share for the current year.

Enterprise Products Partners Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were issued a dividend of $0.55 per share. The ex-dividend date was Friday, January 30th. This is a positive change from Enterprise Products Partners’s previous quarterly dividend of $0.55. This represents a $2.20 annualized dividend and a dividend yield of 6.0%. Enterprise Products Partners’s dividend payout ratio (DPR) is 82.71%.

Insider Activity at Enterprise Products Partners

In related news, Director John R. Rutherford purchased 15,000 shares of the business’s stock in a transaction that occurred on Monday, December 29th. The shares were bought at an average price of $32.09 per share, for a total transaction of $481,350.00. Following the purchase, the director directly owned 173,586 shares of the company’s stock, valued at approximately $5,570,374.74. This represents a 9.46% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 32.60% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in EPD. PMV Capital Advisers LLC purchased a new position in shares of Enterprise Products Partners in the 4th quarter worth about $25,000. Winnow Wealth LLC bought a new stake in Enterprise Products Partners during the 2nd quarter valued at about $28,000. Palisade Asset Management LLC purchased a new position in Enterprise Products Partners in the third quarter worth about $31,000. Traub Capital Management LLC purchased a new position in Enterprise Products Partners in the second quarter worth about $31,000. Finally, Texas Capital Bancshares Inc TX bought a new position in shares of Enterprise Products Partners in the third quarter worth approximately $32,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Enterprise Products Partners Company Profile

Enterprise Products Partners L.P. (NYSE: EPD) is a Houston-based master limited partnership that provides midstream energy services across North America. The company owns and operates an extensive network of pipelines, storage facilities, processing plants and export terminals that transport and handle natural gas, natural gas liquids (NGLs), crude oil and refined and petrochemical products. Its core activities include gathering and transportation, fractionation of NGLs, natural gas processing, crude oil and condensate pipelines, and marine and terminal services that enable domestic distribution and exports.

Enterprise serves a diverse set of customers including producers, refiners, petrochemical companies, marketers and end users.