Shrier Wealth Management LLC Purchases New Holdings in Enterprise Products Partners L.P. $EPD

Shrier Wealth Management LLC acquired a new position in shares of Enterprise Products Partners L.P. (NYSE:EPDFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 80,491 shares of the oil and gas producer’s stock, valued at approximately $2,581,000. Enterprise Products Partners accounts for approximately 1.0% of Shrier Wealth Management LLC’s portfolio, making the stock its 29th largest position.

A number of other institutional investors have also recently modified their holdings of the stock. Invesco Ltd. lifted its position in Enterprise Products Partners by 0.3% during the second quarter. Invesco Ltd. now owns 26,787,203 shares of the oil and gas producer’s stock worth $830,671,000 after purchasing an additional 69,505 shares during the period. Energy Income Partners LLC raised its position in shares of Enterprise Products Partners by 0.6% in the 3rd quarter. Energy Income Partners LLC now owns 14,705,122 shares of the oil and gas producer’s stock valued at $459,829,000 after buying an additional 80,884 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Enterprise Products Partners by 1.9% during the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,570,499 shares of the oil and gas producer’s stock worth $361,810,000 after acquiring an additional 214,995 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in shares of Enterprise Products Partners during the 3rd quarter worth approximately $292,194,000. Finally, Berkley W R Corp boosted its position in shares of Enterprise Products Partners by 17.9% during the 3rd quarter. Berkley W R Corp now owns 6,000,000 shares of the oil and gas producer’s stock worth $187,620,000 after acquiring an additional 910,206 shares in the last quarter. 26.07% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CEO Aj Teague acquired 2,665 shares of the stock in a transaction dated Friday, March 20th. The stock was bought at an average price 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 of the company’s stock, valued at $2,912,978.80. This represents a 3.56% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 32.60% of the stock is owned by corporate insiders.

Enterprise Products Partners Stock Down 3.2%

Shares of EPD opened at $37.83 on Wednesday. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.74 and a current ratio of 1.04. Enterprise Products Partners L.P. has a 52 week low of $27.77 and a 52 week high of $39.74. The stock has a market capitalization of $81.78 billion, a price-to-earnings ratio of 14.22, a PEG ratio of 1.56 and a beta of 0.59. The stock has a fifty day moving average of $36.18 and a 200-day moving average of $33.30.

Enterprise Products Partners (NYSE:EPDGet Free Report) last issued its quarterly earnings data on Monday, February 2nd. The oil and gas producer reported $0.75 earnings per share for the quarter, topping 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 analyst estimates of $12.44 billion. During the same quarter in the previous year, the company posted $0.74 EPS. Enterprise Products Partners’s quarterly revenue was down 2.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that Enterprise Products Partners L.P. will post 2.9 earnings per share for the current fiscal year.

Enterprise Products Partners Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 13th. Stockholders of record on Friday, January 30th were issued a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a dividend yield of 5.8%. This is an increase 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 (DPR) is presently 82.71%.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. 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 research report on Wednesday, March 18th. Wall Street Zen downgraded Enterprise Products Partners from a “buy” rating to a “hold” rating in a report on Sunday. Raymond James Financial lowered Enterprise Products Partners from a “strong-buy” rating to an “outperform” rating and set a $36.00 price target on the stock. in a research note on Monday, January 5th. The Goldman Sachs Group restated a “neutral” rating and set a $32.00 price objective on shares of Enterprise Products Partners in a research report on Friday, December 19th. Finally, Jefferies Financial Group raised their price objective on Enterprise Products Partners from $34.00 to $40.00 and gave the company a “hold” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Enterprise Products Partners has a consensus rating of “Moderate Buy” and a consensus price target of $37.73.

Get Our Latest Analysis on EPD

Key Enterprise Products Partners News

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

  • Positive Sentiment: Jefferies raised its price target to $40 (maintained Hold), signaling analyst recognition of upside and underlying fundamentals — supportive for the stock. Article Title
  • Positive Sentiment: Royal Bank of Canada bumped its target to $42 and set an Outperform rating, the most bullish recent call and a direct catalyst for potential upside. Article Title
  • Positive Sentiment: Analyst commentary and recent upgrades (Wells Fargo Overweight; Truist initiation noting balance-sheet strength and distribution coverage) have reinforced investor confidence in EPD’s role in midstream infrastructure. This supports longer-term demand for the stock. Article Title
  • Positive Sentiment: Sector momentum: MLP/pipeline names are rallying broadly (Energy Transfer, others at or near highs), which has lifted sentiment for EPD as a high-yield “toll road” play. This macro/peer strength is a constructive backdrop. Article Title
  • Neutral Sentiment: Retail/income-focused coverage continues to profile EPD as a long-term high-yield holding (featured in dividend/pipeline stock roundups), which supports steady demand but is less likely to drive sharp near-term moves. Article Title
  • Neutral Sentiment: New coverage initiations included a Hold with a $36 target (multiple outlets), signaling some analysts see limited near-term upside from current levels — a mixed signal that can temper rallies. Article Title
  • Negative Sentiment: Zacks noted EPD declined while the broader market improved, highlighting that rotation and short-term selling pressure (despite positive analyst actions) are pressuring the share price today. Article Title

Enterprise Products Partners Profile

(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

Institutional Ownership by Quarter for Enterprise Products Partners (NYSE:EPD)

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