Enterprise Products Partners L.P. (NYSE:EPD – Get Free Report)’s share price traded up 1.6% during trading on Wednesday after Wells Fargo & Company upgraded the stock from an equal weight rating to an overweight rating. Wells Fargo & Company now has a $42.00 price target on the stock, up from their previous price target of $40.00. Enterprise Products Partners traded as high as $39.02 and last traded at $38.9950. 3,767,632 shares changed hands during trading, a decline of 18% from the average session volume of 4,592,979 shares. The stock had previously closed at $38.39.
EPD has been the subject of several other reports. Raymond James Financial cut Enterprise Products Partners from a “strong-buy” rating to an “outperform” rating and set a $36.00 target price for the company. in a report on Monday, January 5th. Truist Financial began coverage on shares of Enterprise Products Partners in a research report on Tuesday. They set a “hold” rating and a $36.00 price target on the stock. Stifel Nicolaus raised their price objective on shares of Enterprise Products Partners from $38.00 to $41.00 and gave the stock a “buy” rating in a research report on Wednesday, March 4th. JPMorgan Chase & Co. lifted their target price on shares of Enterprise Products Partners from $35.00 to $39.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 10th. Finally, UBS Group reiterated a “buy” rating on shares of Enterprise Products Partners in a report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $37.20.
Check Out Our Latest Analysis on EPD
Insiders Place Their Bets
More Enterprise Products Partners News
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, signaling analyst conviction in upside and supporting buyer interest. Wells Fargo Upgrade
- Positive Sentiment: CEO Aj Teague purchased 2,665 shares (filed with the SEC), a visible insider buy that often reassures investors about management’s confidence. Insider Purchase Filing
- Positive Sentiment: US Capital Advisors revised several near? and medium?term EPS forecasts (raising FY2026/FY2027 estimates and several quarterly figures overall), which can boost expectations for future earnings and valuation. (MarketBeat summary)
- Positive Sentiment: Short interest fell ~18.5% in March, reducing a potential source of downward pressure and lowering short?squeeze risk; that decline can support a steadier rally.
- Positive Sentiment: Jim Cramer publicly praised EPD as a well?run pipeline business, which can influence retail flows and sentiment toward the stock. Jim Cramer Praise
- Positive Sentiment: High dividend yield (about 5.8% annualized) and a recent dividend payment keep EPD attractive to income investors—supportive for demand in the stock.
- Neutral Sentiment: EPD has been a focus of Zacks/financial-site traffic (listed in Zacks/Yahoo summaries), which increases visibility but doesn’t by itself change fundamentals. Zacks Coverage
- Neutral Sentiment: Inclusion on lists of potential winners (e.g., 247WallStreet) and steady institutional adjustments are visibility drivers but not immediate catalysts. Wall Street List
- Negative Sentiment: Truist initiated coverage with a “hold” and a $36 price target — below the recent trading level — which could cap near?term upside for more cautious investors. Truist Initiates Coverage
- Negative Sentiment: Analyst coverage is mixed overall (some downgrades and a consensus price target near $37.14), which may limit conviction among institutional buyers and keep volatility higher. (MarketBeat analyst summary)
Institutional Trading of Enterprise Products Partners
Institutional investors have recently added to or reduced their stakes in the stock. PMV Capital Advisers LLC acquired a new position in Enterprise Products Partners during the fourth quarter worth $25,000. Palisade Asset Management LLC purchased a new stake in shares of Enterprise Products Partners in the 3rd quarter valued at $31,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Enterprise Products Partners in the 3rd quarter valued at $32,000. Texas Capital Bancshares Inc TX acquired a new position in Enterprise Products Partners during the 3rd quarter worth about $32,000. Finally, Financial Consulate Inc. purchased a new position in Enterprise Products Partners during the 3rd quarter valued at about $33,000. Institutional investors and hedge funds own 26.07% of the company’s stock.
Enterprise Products Partners Stock Up 1.6%
The company has a market capitalization of $84.30 billion, a PE ratio of 14.66, a PEG ratio of 1.52 and a beta of 0.59. The company has a current ratio of 1.04, a quick ratio of 0.74 and a debt-to-equity ratio of 1.07. The business has a fifty day moving average of $35.57 and a 200 day moving average of $33.05.
Enterprise Products Partners (NYSE:EPD – Get Free Report) last issued its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $12.44 billion. During the same quarter in the prior year, the company earned $0.74 earnings per share. The business’s quarterly revenue was down 2.9% on a year-over-year basis. Equities research analysts anticipate that Enterprise Products Partners L.P. will post 2.9 EPS for the current year.
Enterprise Products Partners Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were issued a dividend of $0.55 per share. This is a boost from Enterprise Products Partners’s previous quarterly dividend of $0.55. The ex-dividend date was Friday, January 30th. This represents a $2.20 dividend on an annualized basis and a yield of 5.6%. Enterprise Products Partners’s dividend payout ratio (DPR) is currently 82.71%.
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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