Wells Fargo & Company Forecasts Strong Price Appreciation for Enterprise Products Partners (NYSE:EPD) Stock

Enterprise Products Partners (NYSE:EPDGet Free Report) had its price objective hoisted by stock analysts at Wells Fargo & Company from $38.00 to $40.00 in a report released on Friday,Benzinga reports. The brokerage presently has an “equal weight” rating on the oil and gas producer’s stock. Wells Fargo & Company‘s target price indicates a potential upside of 8.09% from the company’s previous close.

EPD has been the subject of a number of other reports. Wolfe Research cut shares of Enterprise Products Partners from a “peer perform” rating to an “underperform” rating and set a $31.00 price objective for the company. in a research note on Wednesday, January 14th. Barclays increased their target price on Enterprise Products Partners from $38.00 to $39.00 and gave the company an “overweight” rating in a report on Thursday, March 5th. Raymond James Financial downgraded Enterprise Products Partners from a “strong-buy” rating to an “outperform” rating and set a $36.00 price target for the company. in a research report on Monday, January 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Enterprise Products Partners in a report on Thursday, January 22nd. Finally, TD Cowen upped their price objective on Enterprise Products Partners from $33.00 to $34.00 and gave the company a “hold” rating in a research report on Wednesday, February 4th. One equities research 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 issued a Sell rating to the stock. According to data from MarketBeat.com, Enterprise Products Partners has a consensus rating of “Hold” and an average price target of $36.71.

Check Out Our Latest Report on EPD

Enterprise Products Partners Price 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’s 50-day moving average price is $34.78 and its 200 day moving average price is $32.76. Enterprise Products Partners has a 52 week low of $27.77 and a 52 week high of $38.22. The stock has a market cap of $80.00 billion, a price-to-earnings ratio of 13.91, a PEG ratio of 1.48 and a beta of 0.59.

Enterprise Products Partners (NYSE:EPDGet Free Report) last announced its earnings results on Monday, February 2nd. The oil and gas producer reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company had revenue of $13.79 billion during the quarter, compared to analysts’ expectations of $12.44 billion. During the same quarter in the previous year, the business posted $0.74 earnings per share. The firm’s quarterly revenue was down 2.9% compared to the same quarter last year. As a group, research analysts forecast that Enterprise Products Partners will post 2.9 earnings per share for the current fiscal year.

Insider Buying and Selling at Enterprise Products Partners

In other Enterprise Products Partners news, Director John R. Rutherford purchased 15,000 shares of Enterprise Products Partners stock in a transaction on Monday, December 29th. The shares were bought at an average price of $32.09 per share, with a total value of $481,350.00. Following the purchase, the director directly owned 173,586 shares in the company, valued at $5,570,374.74. This trade represents a 9.46% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 32.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Enterprise Products Partners

Several institutional investors have recently added to or reduced their stakes in EPD. PMV Capital Advisers LLC acquired a new stake in Enterprise Products Partners in the 4th quarter worth about $25,000. Winnow Wealth LLC acquired a new position in shares of Enterprise Products Partners during the 2nd quarter valued at about $28,000. Traub Capital Management LLC acquired a new position in shares of Enterprise Products Partners during the 2nd quarter valued at about $31,000. Palisade Asset Management LLC purchased a new position in shares of Enterprise Products Partners during the 3rd quarter worth about $31,000. Finally, Abich Financial Wealth Management LLC purchased a new position in shares of Enterprise Products Partners during the 3rd quarter worth about $32,000. 26.07% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about 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

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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Analyst Recommendations for Enterprise Products Partners (NYSE:EPD)

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