Wall Street Zen lowered shares of Enterprise Products Partners (NYSE:EPD – Free Report) from a strong-buy rating to a buy rating in a report published on Saturday,Wall Street Zen reports.
Several other research firms have also recently weighed in on EPD. Stifel Nicolaus assumed coverage on shares of Enterprise Products Partners in a report on Thursday, September 10th. They set a “hold” rating and a $40.00 price target on the stock. Melius Research initiated coverage on shares of Enterprise Products Partners in a research report on Tuesday, September 22nd. They set a “hold” rating and a $42.00 target price on the stock. JPMorgan Chase & Co. cut their target price on Enterprise Products Partners from $43.00 to $42.00 and set a “neutral” rating on the stock in a research note on Thursday, October 8th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $42.00 target price on shares of Enterprise Products Partners in a report on Tuesday, September 22nd. Finally, TD Cowen reaffirmed a “hold” rating and set a $38.00 price target (down from $39.00) on shares of Enterprise Products Partners in a research report on Monday, August 3rd. Seven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Enterprise Products Partners presently has a consensus rating of “Hold” and an average target price of $40.18.
Read Our Latest Stock Report on EPD
Enterprise Products Partners Price Performance
Shares of NYSE:EPD opened at $38.25 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.66 and a debt-to-equity ratio of 1.00. The stock has a market cap of $82.60 billion, a PE ratio of 12.67, a price-to-earnings-growth ratio of 1.36 and a beta of 0.50. The stock’s fifty day simple moving average is $37.67 and its two-hundred day simple moving average is $37.26. Enterprise Products Partners has a 1-year low of $30.02 and a 1-year high of $40.17.
Enterprise Products Partners (NYSE:EPD – Get Free Report) last posted its earnings results on Thursday, October 29th. The oil and gas producer reported $0.75 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.75. The firm had revenue of $17.95 billion during the quarter, compared to analyst estimates of $14.98 billion. Enterprise Products Partners had a net margin of 10.24% and a return on equity of 21.50%. The business’s revenue was up 49.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.61 EPS. As a group, analysts forecast that Enterprise Products Partners will post 3.11 EPS for the current fiscal year.
Enterprise Products Partners Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be given a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date is Friday, October 30th. Enterprise Products Partners’s payout ratio is 74.17%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Energy Income Partners LLC purchased a new position in Enterprise Products Partners during the 2nd quarter worth approximately $508,461,000. Bank of America Corp DE acquired a new position in Enterprise Products Partners during the second quarter worth approximately $416,553,000. BlackRock Inc. purchased a new stake in Enterprise Products Partners in the second quarter valued at approximately $255,325,000. Berkley W R Corp purchased a new stake in Enterprise Products Partners in the second quarter valued at approximately $250,887,000. Finally, Miller Howard Investments Inc. NY boosted its holdings in shares of Enterprise Products Partners by 4.1% in the third quarter. Miller Howard Investments Inc. NY now owns 3,344,118 shares of the oil and gas producer’s stock valued at $119,084,000 after acquiring an additional 132,227 shares during the period. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
Enterprise Products Partners News Roundup
Here are the key news stories impacting Enterprise Products Partners this week:
- Positive Sentiment: Strong quarterly performance: Enterprise reported third-quarter EPS of $0.75, in line with estimates, while revenue of $17.95 billion exceeded the $14.98 billion consensus and increased 49.3% year over year. EBITDA rose 16% to approximately $2.8 billion, supported by record volumes across its natural gas and NGL businesses. Enterprise Reports Third Quarter 2026 Earnings
- Positive Sentiment: Improved Permian outlook and project pipeline: Management raised its Permian wet-gas and NGL growth outlook to 34% through 2030, citing infrastructure expansion and export demand. Enterprise is also advancing a $6.3 billion project backlog, which could support future fee-based earnings growth. Enterprise forecasts 34 percent Permian wet gas and NGL growth
- Positive Sentiment: Distribution coverage remains solid: Operating cash flow covered distributions by 1.9 times, leaving roughly $1.1 billion for reinvestment, unit repurchases, or debt reduction. Rising free cash flow strengthens the case that EPD’s income payout is supported by operations. Enterprise Products Partners passive income analysis
- Neutral Sentiment: Analyst target increased, but rating remains cautious: Truist Financial raised its price target from $40 to $41 while maintaining a “hold” recommendation, implying limited-to-moderate upside from the referenced price. US Capital Advisors also made a marginal increase to its FY2027 EPS estimate, to $3.14 from $3.13.
- Negative Sentiment: Growth is expected to moderate: Although management lifted its longer-term Permian outlook, it indicated slower growth in 2027. That caution could limit near-term valuation upside despite strong current results and may be contributing to investor profit-taking.
About Enterprise Products Partners
Enterprise Products Partners L.P. (NYSE: EPD) is a North American midstream energy partnership headquartered in Houston, Texas. The company provides infrastructure and services for the transportation, storage, processing and export of energy products, connecting producers with domestic and international markets.
Its operations include pipelines, storage facilities, natural gas processing plants, natural gas liquids (NGL) fractionation facilities, and marine terminals. Enterprise handles NGLs such as ethane, propane, butanes and natural gasoline, as well as crude oil, refined products, petrochemicals and natural gas.
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