Enterprise Products Partners (NYSE:EPD) Shares Down 3.2% – What’s Next?

Shares of Enterprise Products Partners L.P. (NYSE:EPDGet Free Report) were down 3.2% on Tuesday . The stock traded as low as $37.61 and last traded at $37.8320. Approximately 9,011,633 shares were traded during trading, an increase of 92% from the average daily volume of 4,692,309 shares. The stock had previously closed at $39.08.

Enterprise Products Partners News Roundup

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

  • Positive Sentiment: Analyst price-target upgrades: Royal Bank of Canada raised its target to $42 and Jefferies lifted its target to $40, signaling upside vs. recent levels and reinforcing the view that EPD’s cash flows and distribution remain attractive. RBC & Jefferies Coverage
  • Positive Sentiment: Balance-sheet praise and institutional upgrades: Recent coverage (including Wells Fargo’s Overweight and Truist’s initiation) highlights distribution coverage and financial resilience after EPD’s conference presentation, supporting longer-term confidence. Investor Reaction Article
  • Positive Sentiment: Sector tailwind: MLP/pipeline stocks are rallying broadly as investors favor high-yield midstream “toll-road” models, which helps EPD’s narrative as a reliable income name. Invezz MLP Rally
  • Neutral Sentiment: Dividend / long-term positioning: Multiple retail outlets profile EPD as a high-yield, long-term “buy-and-hold” pipeline stock — supportive for income investors but slow to move price if news is already priced-in. Fool Pipeline Stocks
  • Neutral Sentiment: Analyst commentary roundup: Coverage summaries and analyst insights were published (Globe and Mail roundup), adding context but no single, market-moving thesis. Globe & Mail
  • Negative Sentiment: Some cautious initiations and lower targets: Several outlets reported coverage initiations with “hold” stances and a $36 target, which can cap near-term upside and put downward pressure on trading sentiment. MSN / Initiation

Analyst Upgrades and Downgrades

Several research analysts have commented on EPD shares. Wells Fargo & Company raised Enterprise Products Partners from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $40.00 to $42.00 in a research note on Wednesday, March 25th. TD Cowen lifted their price target on shares of Enterprise Products Partners from $33.00 to $34.00 and gave the company a “hold” rating in a report on Wednesday, February 4th. The Goldman Sachs Group reiterated a “neutral” rating and set a $32.00 price objective on shares of Enterprise Products Partners in a research report on Friday, December 19th. Citigroup reissued a “buy” rating and issued a $39.00 price objective (up from $36.00) on shares of Enterprise Products Partners in a research note on Wednesday, February 4th. Finally, Jefferies Financial Group raised their target price on shares of Enterprise Products Partners from $34.00 to $40.00 and gave the company a “hold” rating in a research report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Enterprise Products Partners has a consensus rating of “Moderate Buy” and a consensus target price of $37.73.

Check Out Our Latest Analysis on Enterprise Products Partners

Enterprise Products Partners Stock Down 3.2%

The firm has a 50-day simple moving average of $36.08 and a 200 day simple moving average of $33.26. The stock has a market capitalization of $81.78 billion, a P/E ratio of 14.22, a P/E/G ratio of 1.57 and a beta of 0.58. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.04 and a quick ratio of 0.74.

Enterprise Products Partners (NYSE:EPDGet Free Report) last released its quarterly earnings results on Monday, February 2nd. The oil and gas producer reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.06. The company had revenue of $13.79 billion for the quarter, compared to analysts’ expectations of $12.44 billion. Enterprise Products Partners had a return on equity of 19.33% and a net margin of 11.05%.The business’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.74 earnings per share. On average, equities research analysts forecast 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 represents a $2.20 dividend on an annualized basis and a yield of 5.8%. 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 presently 82.71%.

Insider Transactions at Enterprise Products Partners

In other Enterprise Products Partners news, CEO Aj Teague purchased 2,665 shares of the company’s stock in a transaction dated Friday, March 20th. The stock was purchased at an average price of $37.55 per share, with a total value of $100,070.75. Following the completion of the purchase, the chief executive officer owned 77,576 shares of the company’s stock, valued at approximately $2,912,978.80. The trade was a 3.56% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 32.60% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. McAlvany Wealth Management LLC bought a new position in shares of Enterprise Products Partners during the fourth quarter worth about $2,255,000. Old North State Trust LLC boosted its holdings in Enterprise Products Partners by 4.3% in the fourth quarter. Old North State Trust LLC now owns 9,340 shares of the oil and gas producer’s stock valued at $299,000 after acquiring an additional 385 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in Enterprise Products Partners by 2.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,040,773 shares of the oil and gas producer’s stock valued at $65,427,000 after acquiring an additional 48,832 shares during the last quarter. Fund Advisors of America Inc FL acquired a new stake in Enterprise Products Partners during the 4th quarter valued at approximately $1,716,000. Finally, World Investment Advisors raised its holdings in Enterprise Products Partners by 63.9% during the 4th quarter. World Investment Advisors now owns 84,457 shares of the oil and gas producer’s stock worth $2,708,000 after purchasing an additional 32,940 shares during the last quarter. 26.07% of the stock is owned by institutional investors.

About Enterprise Products Partners

(Get Free Report)

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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