Enterprise Products Partners (NYSE:EPD) Stock Price Up 1.6% Following Analyst Upgrade

Enterprise Products Partners L.P. (NYSE:EPDGet Free Report) was up 1.6% during trading on Wednesday after Wells Fargo & Company upgraded the stock from an equal weight rating to an overweight rating. Wells Fargo & Company now has a $42.00 price target on the stock, up from their previous price target of $40.00. Enterprise Products Partners traded as high as $39.02 and last traded at $38.9950. Approximately 3,767,632 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 4,592,979 shares. The stock had previously closed at $38.39.

EPD has been the subject of several other reports. TD Cowen boosted their target price on Enterprise Products Partners from $33.00 to $34.00 and gave the stock a “hold” rating in a research report on Wednesday, February 4th. Stifel Nicolaus increased their price target on shares of Enterprise Products Partners from $38.00 to $41.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. Morgan Stanley boosted their price objective on shares of Enterprise Products Partners from $34.00 to $38.00 and gave the company an “underweight” rating in a report on Wednesday, March 18th. Barclays upped their target price on shares of Enterprise Products Partners from $38.00 to $39.00 and gave the company an “overweight” rating in a research note on Thursday, March 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Enterprise Products Partners in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $37.20.

Check Out Our Latest Stock Analysis on EPD

Insider Buying and Selling

In other Enterprise Products Partners news, CEO Aj Teague bought 2,665 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was acquired at an average price of $37.55 per share, with a total value of $100,070.75. Following the completion of the transaction, the chief executive officer owned 77,576 shares in the company, valued at approximately $2,912,978.80. This trade represents a 3.56% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John R. Rutherford purchased 15,000 shares of the stock in a transaction on Monday, December 29th. The stock was acquired at an average price of $32.09 per share, for a total transaction of $481,350.00. Following the completion of the purchase, the director directly owned 173,586 shares in the company, valued at approximately $5,570,374.74. The trade was a 9.46% increase in their position. The SEC filing for this purchase provides additional information. 32.60% of the stock is owned by company insiders.

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

Institutional Trading of Enterprise Products Partners

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Auto Owners Insurance Co boosted its position in Enterprise Products Partners by 3,106.0% during the fourth quarter. Auto Owners Insurance Co now owns 32,060,000 shares of the oil and gas producer’s stock valued at $102,784,000 after purchasing an additional 31,060,000 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new position in shares of Enterprise Products Partners during the 3rd quarter worth approximately $292,194,000. Goldman Sachs Group Inc. raised its stake in shares of Enterprise Products Partners by 12.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 18,163,343 shares of the oil and gas producer’s stock worth $582,317,000 after purchasing an additional 1,940,583 shares in the last quarter. Energy Income Partners LLC raised its stake in shares of Enterprise Products Partners by 14.3% during the 2nd quarter. Energy Income Partners LLC now owns 14,624,238 shares of the oil and gas producer’s stock worth $453,498,000 after purchasing an additional 1,834,659 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in shares of Enterprise Products Partners by 119.4% in the 2nd quarter. Corient Private Wealth LLC now owns 2,414,035 shares of the oil and gas producer’s stock valued at $74,859,000 after buying an additional 1,313,976 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Enterprise Products Partners Stock Up 1.6%

The company has a debt-to-equity ratio of 1.07, a current ratio of 1.04 and a quick ratio of 0.74. The firm’s 50 day moving average is $35.70 and its two-hundred day moving average is $33.09. The firm has a market capitalization of $84.30 billion, a P/E ratio of 14.66, a PEG ratio of 1.53 and a beta of 0.59.

Enterprise Products Partners (NYSE:EPDGet Free Report) last posted its quarterly earnings results on Monday, February 2nd. The oil and gas producer reported $0.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.06. The firm had revenue of $13.79 billion for the quarter, compared to analyst estimates of $12.44 billion. Enterprise Products Partners had a net margin of 11.05% and a return on equity of 19.33%. The company’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.74 earnings per share. Research analysts predict that Enterprise Products Partners L.P. will post 2.9 EPS for the current year.

Enterprise Products Partners Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were issued a $0.55 dividend. This represents a $2.20 dividend on an annualized basis and a dividend yield of 5.6%. 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 currently 82.71%.

Enterprise Products Partners Company Profile

(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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