Enterprise Products Partners L.P. (NYSE:EPD – Get Free Report) shares were up 1.2% during mid-day trading on Monday . The stock traded as high as $37.62 and last traded at $37.2150. Approximately 2,411,493 shares were traded during trading, a decline of 49% from the average daily volume of 4,692,479 shares. The stock had previously closed at $36.79.
Trending Headlines about Enterprise Products Partners
Here are the key news stories impacting Enterprise Products Partners this week:
- Positive Sentiment: US Capital Advisors raised multiple earnings estimates for Enterprise Products Partners, including FY2026, FY2027, FY2028 and several quarterly forecasts, signaling improved confidence in the company’s future profitability. Analyst estimate updates on MarketBeat
- Positive Sentiment: Articles highlighted EPD’s midstream network, Permian growth exposure, and rising U.S. feedstock exports as drivers of durable cash flow growth over the next several years. Yahoo Finance article
- Positive Sentiment: One bullish commentary argued that EPD’s recent pullback could be an opportunity, tying the stock to the broader AI-driven energy demand theme. Seeking Alpha article
- Neutral Sentiment: Recent market recap pieces said EPD has been outperforming the broader market, but they mainly described recent trading strength rather than introducing a new catalyst. Yahoo Finance market recap
- Negative Sentiment: Some estimate changes were mixed, including a slight reduction to one far-future earnings forecast, suggesting analysts are still refining expectations rather than uniformly turning more bullish. MarketBeat analyst updates
Analyst Upgrades and Downgrades
A number of brokerages have commented on EPD. Truist Financial raised their price objective on Enterprise Products Partners from $36.00 to $40.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Jefferies Financial Group upped their target price on Enterprise Products Partners from $34.00 to $40.00 and gave the company a “hold” rating in a research note on Tuesday, March 31st. Barclays raised their target price on Enterprise Products Partners from $38.00 to $39.00 and gave the stock an “overweight” rating in a research report on Thursday, March 5th. UBS Group reissued a “buy” rating on shares of Enterprise Products Partners in a report on Wednesday, March 4th. Finally, Wolfe Research upgraded shares of Enterprise Products Partners from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 21st. Nine analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $39.67.
Enterprise Products Partners Stock Performance
The company has a current ratio of 0.91, a quick ratio of 0.61 and a debt-to-equity ratio of 1.03. The stock has a fifty day moving average price of $38.14 and a 200-day moving average price of $35.33. The firm has a market capitalization of $81.45 billion, a price-to-earnings ratio of 13.96, a PEG ratio of 1.33 and a beta of 0.49.
Enterprise Products Partners (NYSE:EPD – Get Free Report) last posted its earnings results on Monday, April 27th. The oil and gas producer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.03). Enterprise Products Partners had a return on equity of 19.53% and a net margin of 11.45%.The company had revenue of $14.39 billion for the quarter, compared to the consensus estimate of $13.62 billion. During the same quarter last year, the business earned $0.64 EPS. Enterprise Products Partners’s quarterly revenue was down 6.7% compared to the same quarter last year. As a group, analysts anticipate that Enterprise Products Partners L.P. will post 2.98 earnings per share for the current fiscal year.
Enterprise Products Partners Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Thursday, April 30th were issued a dividend of $0.55 per share. The ex-dividend date of this dividend was Thursday, April 30th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 5.8%. Enterprise Products Partners’s dividend payout ratio (DPR) is presently 81.48%.
Insider Activity at Enterprise Products Partners
In other news, CEO Aj Teague bought 2,665 shares of the stock in a transaction dated Friday, March 20th. The shares were acquired at an average price of $37.55 per share, with a total value of $100,070.75. Following the acquisition, the chief executive officer owned 77,576 shares in the company, valued at $2,912,978.80. This trade represents a 3.56% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 32.60% of the company’s stock.
Hedge Funds Weigh In On Enterprise Products Partners
A number of institutional investors and hedge funds have recently added to or reduced their stakes in EPD. PMV Capital Advisers LLC bought a new position in shares of Enterprise Products Partners in the fourth quarter valued at approximately $25,000. Palisade Asset Management LLC acquired a new stake in Enterprise Products Partners during the 3rd quarter valued at $31,000. Abich Financial Wealth Management LLC bought a new position in Enterprise Products Partners in the 3rd quarter valued at $32,000. Texas Capital Bancshares Inc TX acquired a new position in Enterprise Products Partners in the third quarter worth $32,000. Finally, Daytona Street Capital LLC acquired a new position in Enterprise Products Partners in the fourth quarter worth $42,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.
Enterprise Products Partners Company 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.
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