Beck Mack & Oliver LLC Sells 87,859 Shares of Enterprise Products Partners L.P. $EPD

Beck Mack & Oliver LLC trimmed its holdings in shares of Enterprise Products Partners L.P. (NYSE:EPD) by 9.8% in the third quarter, HoldingsChannel reports. The institutional investor owned 807,001 shares of the oil and gas producer’s stock after selling 87,859 shares during the period. Beck Mack & Oliver LLC’s holdings in Enterprise Products Partners were worth $25,235,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Berkley W R Corp increased its position in shares of Enterprise Products Partners by 17.9% in the third quarter. Berkley W R Corp now owns 6,000,000 shares of the oil and gas producer’s stock valued at $187,620,000 after acquiring an additional 910,206 shares during the last quarter. Argyle Capital Partners LLC boosted its position in Enterprise Products Partners by 14.6% during the third quarter. Argyle Capital Partners LLC now owns 54,006 shares of the oil and gas producer’s stock valued at $1,689,000 after purchasing an additional 6,879 shares during the last quarter. Lazard Asset Management LLC boosted its position in Enterprise Products Partners by 20.9% during the third quarter. Lazard Asset Management LLC now owns 10,968 shares of the oil and gas producer’s stock valued at $343,000 after purchasing an additional 1,895 shares during the last quarter. Creative Planning grew its stake in Enterprise Products Partners by 8.0% in the third quarter. Creative Planning now owns 917,960 shares of the oil and gas producer’s stock valued at $28,705,000 after purchasing an additional 67,798 shares in the last quarter. Finally, Ancora Advisors LLC increased its position in shares of Enterprise Products Partners by 3.6% during the 3rd quarter. Ancora Advisors LLC now owns 169,367 shares of the oil and gas producer’s stock worth $5,296,000 after purchasing an additional 5,898 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on EPD shares. Raymond James Financial cut Enterprise Products Partners from a “strong-buy” rating to an “outperform” rating and set a $36.00 price objective on the stock. in a research note on Monday, January 5th. Scotiabank restated a “sector perform” rating and set a $37.00 target price (up from $35.00) on shares of Enterprise Products Partners in a report on Thursday, February 5th. Wolfe Research lowered shares of Enterprise Products Partners from a “peer perform” rating to an “underperform” rating and set a $31.00 price target on the stock. in a research report on Wednesday, January 14th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $40.00 price target on shares of Enterprise Products Partners in a research note on Wednesday, February 4th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $34.00 price objective on shares of Enterprise Products Partners in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $36.71.

Enterprise Products Partners Stock Performance

Shares of NYSE EPD opened at $37.01 on Friday. 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 company has a market capitalization of $80.00 billion, a P/E ratio of 13.91, a P/E/G ratio of 1.48 and a beta of 0.59. Enterprise Products Partners L.P. has a 12 month low of $27.77 and a 12 month high of $38.22. The stock has a 50 day moving average of $34.78 and a 200-day moving average of $32.76.

Enterprise Products Partners (NYSE:EPD) last posted its quarterly earnings results on Monday, February 2nd. The oil and gas producer reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates 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 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 business earned $0.74 EPS. The firm’s revenue for the quarter was down 2.9% on a year-over-year basis. As a group, equities research analysts predict that Enterprise Products Partners L.P. will post 2.9 EPS for the current year.

Enterprise Products Partners Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were issued a $0.55 dividend. This is an increase from Enterprise Products Partners’s previous quarterly dividend of $0.55. This represents a $2.20 annualized dividend and a dividend yield of 5.9%. The ex-dividend date was Friday, January 30th. Enterprise Products Partners’s dividend payout ratio is presently 82.71%.

Insider Buying and Selling at Enterprise Products Partners

In related news, Director John R. Rutherford bought 15,000 shares of the business’s stock in a transaction dated Monday, December 29th. The stock was bought at an average price of $32.09 per share, for a total transaction of $481,350.00. Following the purchase, the director owned 173,586 shares in the company, valued at $5,570,374.74. This represents a 9.46% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 32.60% of the stock is owned by insiders.

Key Headlines Impacting Enterprise Products Partners

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

• Positive Sentiment: Multiple banks and outlets have pushed price targets higher, signaling incremental upside: Wells Fargo raised its target to $40 (maintaining an Equal Weight) and several Street analysts have moved targets into the high-$30s/low-$40s. This analyst activity supports demand for the units. Benzinga
• Positive Sentiment: Coverage highlighting an updated investment narrative — slightly higher fair-value estimates and visible buyback activity — suggests management capital allocation (buybacks + stable distributions) is being priced more favorably by the Street. Why The Investment Narrative Is Shifting
• Positive Sentiment: Dividend stability and distribution reliability remain a prominent theme in recent coverage; pieces stressing EPD’s consistent payouts help attract income-focused investors. Dividends Do Not Fluctuate
• Neutral Sentiment: Retail and media outlets continue to list EPD among top pipeline/large-cap energy picks and long-term dividend holdings, reinforcing visibility but not necessarily moving near-term fundamentals. Price Target Raised to $39
• Neutral Sentiment: Stock is included in several “buy”/“hold long-term” roundups (The Motley Fool and others), which can support steady demand from dividend-oriented retail investors but may have limited immediate impact. 3 Pipeline Stocks to Buy 2 Monster Stocks
• Neutral Sentiment: A short-term lift in trading followed an analyst upgrade/coverage note reported by market outlets — this can drive intraday momentum but doesn’t change fundamentals by itself. Trading Up After Analyst Upgrade
• Negative Sentiment: Some analysts and commentary argue EPD is “still a blue-chip, just not a bargain,” implying limited near-term upside and that valuation compression could cap gains if growth fails to accelerate. This view may restrain more aggressive buy-side moves. Not a Bargain

Enterprise Products Partners 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.