Truist Financial began coverage on shares of Enterprise Products Partners (NYSE:EPD – Free Report) in a report published on Tuesday morning, MarketBeat.com reports. The firm issued a hold rating and a $36.00 price objective on the oil and gas producer’s stock.
Other equities research analysts have also issued research reports about the stock. Wall Street Zen raised shares of Enterprise Products Partners from a “hold” rating to a “buy” rating in a report on Saturday, March 21st. Raymond James Financial downgraded shares of 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. Stifel Nicolaus boosted their target price on shares of Enterprise Products Partners from $38.00 to $41.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. Morgan Stanley increased their price target on shares of Enterprise Products Partners from $34.00 to $38.00 and gave the company an “underweight” rating in a research note on Wednesday, March 18th. Finally, Scotiabank raised their price target on shares of Enterprise Products Partners from $37.00 to $39.00 and gave the stock a “sector perform” rating in a report on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $37.20.
Read Our Latest Research Report on EPD
Enterprise Products Partners Stock Performance
Enterprise Products Partners (NYSE:EPD – Get Free Report) last issued its earnings results on Monday, February 2nd. The oil and gas producer reported $0.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.06. Enterprise Products Partners had a return on equity of 19.33% and a net margin of 11.05%.The company had revenue of $13.79 billion during the quarter, compared to analysts’ expectations of $12.44 billion. During the same period in the prior year, the business earned $0.74 EPS. The firm’s quarterly revenue was down 2.9% on a year-over-year basis. On average, research analysts predict that Enterprise Products Partners will post 2.9 EPS for the current year.
Enterprise Products Partners Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were given a $0.55 dividend. The ex-dividend date of this dividend was Friday, January 30th. This is an increase from Enterprise Products Partners’s previous quarterly dividend of $0.55. This represents a $2.20 dividend on an annualized basis and a yield of 5.6%. Enterprise Products Partners’s dividend payout ratio is currently 82.71%.
Insider Activity
In related news, Director John R. Rutherford purchased 15,000 shares of Enterprise Products Partners stock in a transaction dated Monday, December 29th. The shares were acquired at an average cost of $32.09 per share, with a total value of $481,350.00. Following the purchase, the director owned 173,586 shares of the company’s stock, valued at approximately $5,570,374.74. The trade was a 9.46% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Aj Teague acquired 2,665 shares of the firm’s stock in a transaction dated Friday, March 20th. The stock was bought at an average price of $37.55 per share, for a total transaction of $100,070.75. Following the completion of the acquisition, the chief executive officer owned 77,576 shares in the company, valued at approximately $2,912,978.80. The trade was a 3.56% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 32.60% of the company’s stock.
Institutional Trading of Enterprise Products Partners
Several institutional investors have recently added to or reduced their stakes in the stock. McAlvany Wealth Management LLC purchased a new stake in Enterprise Products Partners in the fourth quarter valued at approximately $2,255,000. Old North State Trust LLC boosted its position in shares of Enterprise Products Partners by 4.3% during the fourth quarter. Old North State Trust LLC now owns 9,340 shares of the oil and gas producer’s stock worth $299,000 after buying an additional 385 shares during the period. Rockefeller Capital Management L.P. boosted its position in shares of Enterprise Products Partners by 2.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 2,040,773 shares of the oil and gas producer’s stock worth $65,427,000 after buying an additional 48,832 shares during the period. Fund Advisors of America Inc FL acquired a new stake in shares of Enterprise Products Partners in the fourth quarter valued at $1,716,000. Finally, World Investment Advisors grew its stake in shares of Enterprise Products Partners by 63.9% in the fourth quarter. World Investment Advisors now owns 84,457 shares of the oil and gas producer’s stock valued at $2,708,000 after buying an additional 32,940 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.
Key Headlines Impacting Enterprise Products Partners
Here are the key news stories impacting Enterprise Products Partners this week:
- Positive Sentiment: Wells Fargo upgraded EPD from “equal weight” to “overweight” and raised its price target to $42 (from $40), signaling expected share appreciation vs. the current price. This upgrade is directly supportive of today’s buy-side interest. Article Title
- Positive Sentiment: Insider buying and an investor at-the-market purchase helped push EPD to a 1‑year high; insider/insider‑adjacent purchases often signal management confidence and can attract momentum investors. Article Title
- Positive Sentiment: Aj Teague acquired 2,665 shares of EPD, another insider/informed‑investor buy that reinforces the bullish signal from insider activity. Article Title
- Positive Sentiment: US Capital Advisors raised near‑term and FY2026/2027 EPS estimates (Q4 and full‑year nudges to ~$2.91 and FY2027 to ~$3.19), and issued a Q1 forecast upgrade — incremental analyst estimate lifts that support higher valuation multiples. Article Title
- Neutral Sentiment: Truist initiated coverage with a Hold — this provides coverage breadth but is not a buy signal; it may temper some upside for traders looking for unanimous analyst support. Article Title
- Neutral Sentiment: Market commentary pieces (Zacks/Yahoo) note rising investor attention and that EPD has outperformed the market recently; useful for broader visibility but less likely to move fundamentals by themselves. Article Title
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.
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