Enterprise Products Partners (NYSE:EPD) Upgraded to Overweight at Wells Fargo & Company

Wells Fargo & Company upgraded shares of Enterprise Products Partners (NYSE:EPDFree Report) from an equal weight rating to an overweight rating in a research report report published on Wednesday morning, Marketbeat reports. Wells Fargo & Company currently has $42.00 target price on the oil and gas producer’s stock, up from their previous target price of $40.00.

Several other equities research analysts have also issued reports on EPD. 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. Scotiabank increased their price objective on shares of Enterprise Products Partners from $37.00 to $39.00 and gave the company a “sector perform” rating in a research note on Tuesday, March 17th. Wall Street Zen upgraded shares of Enterprise Products Partners from a “hold” rating to a “buy” rating in a research report on Saturday, March 21st. Raymond James Financial downgraded shares of Enterprise Products Partners from a “strong-buy” rating to an “outperform” rating and set a $36.00 price target for the company. in a report on Monday, January 5th. Finally, Stifel Nicolaus increased their price target on Enterprise Products Partners from $38.00 to $41.00 and gave the company a “buy” rating in a research note on Wednesday, March 4th. 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $37.20.

View Our Latest Stock Report on EPD

Enterprise Products Partners Price Performance

Shares of EPD stock opened at $39.00 on Wednesday. The business has a fifty day simple moving average of $35.70 and a 200 day simple moving average of $33.09. The company has a market cap of $84.30 billion, a P/E ratio of 14.66, a P/E/G ratio of 1.53 and a beta of 0.59. The company has a quick ratio of 0.74, a current ratio of 1.04 and a debt-to-equity ratio of 1.07. Enterprise Products Partners has a twelve month low of $27.77 and a twelve month high of $39.02.

Enterprise Products Partners (NYSE:EPDGet Free Report) last released its earnings results on Monday, February 2nd. The oil and gas producer reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. The firm 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 revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.74 earnings per share. On average, sell-side analysts forecast that Enterprise Products Partners will post 2.9 EPS for the current fiscal year.

Enterprise Products Partners Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 5.6%. This is a positive change from Enterprise Products Partners’s previous quarterly dividend of $0.55. The ex-dividend date was Friday, January 30th. Enterprise Products Partners’s dividend payout ratio is 82.71%.

Insider Buying and Selling

In related news, CEO Aj Teague acquired 2,665 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The shares were bought at an average cost of $37.55 per share, with a total value of $100,070.75. Following the completion of the purchase, the chief executive officer directly owned 77,576 shares in the company, valued at $2,912,978.80. The trade was a 3.56% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, Director John R. Rutherford bought 15,000 shares of Enterprise Products Partners stock in a transaction that occurred on 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 completion of the acquisition, the director directly owned 173,586 shares of the company’s stock, valued at $5,570,374.74. The trade was a 9.46% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 32.60% of the stock is owned by insiders.

Institutional Investors Weigh In On Enterprise Products Partners

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

Key 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 target to $42, signaling upside vs. the market consensus — a clear catalyst for buyers. Article
  • Positive Sentiment: CEO Aj Teague bought 2,665 shares (~$100k at ~$37.55), increasing insider ownership; insider purchases are often viewed as a vote of confidence in the stock. Insider Buying
  • Positive Sentiment: Short interest fell sharply (~18.5% decline to ~17.44M shares as of Mar 13), reducing a potential source of downside pressure and lowering the risk of further short‑driven selling. No external link provided
  • Positive Sentiment: US Capital Advisors nudged several forward EPS estimates higher for FY2026–FY2028 (and raised select quarterly forecasts), improving the earnings trajectory and supporting valuation. No external link provided
  • Neutral Sentiment: Media and retail attention: Zacks and Yahoo flagged EPD as attracting investor interest and Jim Cramer praised the company as a well‑run pipeline operator — these mentions can boost flows but are not firm fundamental changes. Yahoo Article Zacks Article
  • Negative Sentiment: Truist initiated coverage with a “hold” and $36 price target (below current levels), which could pressure sentiment among more conservative investors and cap near‑term upside. Truist Coverage

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.

See Also

Analyst Recommendations for Enterprise Products Partners (NYSE:EPD)

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