Wall Street Zen upgraded shares of Enterprise Products Partners (NYSE:EPD – Free Report) from a hold rating to a buy rating in a research note released on Saturday morning.
EPD has been the topic of a number of other reports. Stifel Nicolaus lifted their price objective on Enterprise Products Partners from $38.00 to $41.00 and gave the stock a “buy” rating in a research note on Wednesday, March 4th. TD Cowen increased their target price on Enterprise Products Partners from $33.00 to $34.00 and gave the company a “hold” rating in a research note on Wednesday, February 4th. Scotiabank raised their target price on Enterprise Products Partners from $37.00 to $39.00 and gave the company a “sector perform” rating in a report on Tuesday, March 17th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Enterprise Products Partners in a research report on Thursday, January 22nd. Finally, Citigroup reiterated a “buy” rating and set a $39.00 price target (up from $36.00) on shares of Enterprise Products Partners in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, Enterprise Products Partners has an average rating of “Hold” and an average price target of $37.14.
Get Our Latest Stock Analysis on Enterprise Products Partners
Enterprise Products Partners Stock Up 0.3%
Enterprise Products Partners (NYSE:EPD – Get Free Report) last posted its quarterly earnings data on Monday, February 2nd. The oil and gas producer reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.06. Enterprise Products Partners had a net margin of 11.05% and a return on equity of 19.33%. The business had revenue of $13.79 billion during the quarter, compared to the consensus estimate of $12.44 billion. During the same period in the prior year, the firm earned $0.74 EPS. Enterprise Products Partners’s quarterly revenue was down 2.9% compared to the same quarter last year. Equities analysts expect that Enterprise Products Partners will post 2.9 earnings per share for the current year.
Enterprise Products Partners Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were issued a $0.55 dividend. This represents a $2.20 annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend was Friday, January 30th. This is a positive change from Enterprise Products Partners’s previous quarterly dividend of $0.55. Enterprise Products Partners’s payout ratio is currently 82.71%.
Insider Activity
In other news, Director John R. Rutherford bought 15,000 shares of the company’s stock in a transaction that occurred on Monday, December 29th. The stock was acquired at an average price of $32.09 per share, for a total transaction of $481,350.00. Following the transaction, the director directly owned 173,586 shares of the company’s stock, valued at $5,570,374.74. This trade represents a 9.46% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 32.60% of the stock is owned by company insiders.
Institutional Trading of Enterprise Products Partners
Large investors have recently added to or reduced their stakes in the company. Tred Avon Family Wealth LLC acquired a new stake in shares of Enterprise Products Partners in the third quarter valued at approximately $1,015,000. Tectonic Advisors LLC lifted its holdings in Enterprise Products Partners by 10.0% during the 3rd quarter. Tectonic Advisors LLC now owns 678,769 shares of the oil and gas producer’s stock worth $21,225,000 after buying an additional 61,669 shares in the last quarter. Advisors Asset Management Inc. lifted its holdings in Enterprise Products Partners by 20.2% during the 3rd quarter. Advisors Asset Management Inc. now owns 229,911 shares of the oil and gas producer’s stock worth $7,189,000 after buying an additional 38,660 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in Enterprise Products Partners by 3.0% in the 3rd quarter. PNC Financial Services Group Inc. now owns 1,252,088 shares of the oil and gas producer’s stock valued at $39,153,000 after buying an additional 36,339 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its position in Enterprise Products Partners by 118.9% in the 2nd quarter. Corient Private Wealth LLC now owns 2,407,544 shares of the oil and gas producer’s stock valued at $74,658,000 after buying an additional 1,307,485 shares during the last quarter. 26.07% of the stock is owned by institutional investors.
Key Headlines Impacting Enterprise Products Partners
Here are the key news stories impacting Enterprise Products Partners this week:
- Positive Sentiment: Morgan Stanley raised its price target on EPD to $38, signaling institutional confidence and giving investors a nearer-term upside reference. Morgan Stanley Raises Enterprise Products Partners (EPD) Price Target to $38
- Positive Sentiment: Scotiabank raised its target to $39 and public notes (and coverage in other outlets) highlight expectations for higher throughput from U.S. gas and export growth — supportive for midstream cash flows and distributions. Scotiabank Updates Midstream Views, Raises Enterprise Products (EPD) Target
- Positive Sentiment: Bullish retail-oriented pieces (Seeking Alpha and The Motley Fool) list EPD among top buys or long-term holds, emphasizing its distribution yield, scale, and midstream contract structures — coverage that can attract dividend-focused investors. Enterprise Products: My Top 10 Reasons To Buy 2 Stocks I Plan to Hold for the Next 20 Years
- Neutral Sentiment: Short-form market notes report modest intraday moves (both gains and small pullbacks on recent days), indicating active trading but no single market shock—these pieces are informative but not catalytic on their own. Enterprise Products Partners (EPD) Gains As Market Dips: What You Should Know Enterprise Products Partners (EPD) Stock Moves -1.33%: What You Should Know
- Neutral Sentiment: A sector-level piece on midstream pipelines frames EPD as a relatively safe income play if oil rises (higher throughput), but it also flags partnership-specific risks (higher interest costs, basin concentration) — a mixed thesis that supports cautious income-oriented buying. The Iran War Means $100 Oil, and These Pipeline Stocks Are the Safest Income Play in Energy Today
About Enterprise Products Partners
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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