Johnson Financial Group LLC bought a new stake in Enterprise Products Partners L.P. (NYSE:EPD – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 20,655 shares of the oil and gas producer’s stock, valued at approximately $662,000.
Other hedge funds have also modified their holdings of the company. PMV Capital Advisers LLC purchased a new position in shares of Enterprise Products Partners during the fourth quarter worth $25,000. Palisade Asset Management LLC purchased a new stake in shares of Enterprise Products Partners in the 3rd quarter valued at $31,000. Abich Financial Wealth Management LLC purchased a new position in Enterprise Products Partners during the 3rd quarter valued at about $32,000. Texas Capital Bancshares Inc TX acquired a new position in Enterprise Products Partners in the 3rd quarter valued at about $32,000. Finally, Daytona Street Capital LLC acquired a new stake in shares of Enterprise Products Partners during the fourth quarter worth about $42,000. 26.07% of the stock is currently owned by hedge funds and other institutional investors.
Enterprise Products Partners Stock Performance
NYSE:EPD opened at $38.04 on Thursday. Enterprise Products Partners L.P. has a 1-year low of $30.01 and a 1-year high of $40.17. The company has a debt-to-equity ratio of 1.03, a current ratio of 0.91 and a quick ratio of 0.61. The firm’s fifty day moving average price is $38.14 and its 200 day moving average price is $35.42. The firm has a market cap of $82.22 billion, a price-to-earnings ratio of 14.09, a price-to-earnings-growth ratio of 1.34 and a beta of 0.49.
Enterprise Products Partners Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, May 14th. Shareholders of record on Thursday, April 30th were given a $0.55 dividend. The ex-dividend date was Thursday, April 30th. This represents a $2.20 annualized dividend and a yield of 5.8%. Enterprise Products Partners’s dividend payout ratio is presently 81.48%.
Insider Buying and Selling
In other Enterprise Products Partners news, CEO Aj Teague bought 2,665 shares of Enterprise Products Partners stock in a transaction on 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 acquisition, the chief executive officer 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 legal filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 32.60% of the company’s stock.
Key Headlines Impacting Enterprise Products Partners
Here are the key news stories impacting Enterprise Products Partners this week:
- Positive Sentiment: Wells Fargo upgraded Enterprise Products Partners to Overweight, saying the company is well positioned to benefit from rising U.S. liquefied petroleum gas exports, shifting global energy flows, and its large midstream network and expansion projects. Article: How Investors Are Reacting To Enterprise Products Partners (EPD) Wells Fargo Upgrade On LPG Export Prospects
- Positive Sentiment: US Capital Advisors raised earnings estimates for multiple periods, including Q2 2026, Q3 2026, Q4 2026, Q1 2027, Q2 2027, Q3 2027, FY2027, and FY2028, signaling improved profit expectations for EPD. Article: Enterprise Products Partners L.P. – Free Report
- Positive Sentiment: Several articles highlighted Enterprise’s durable cash flow potential, supported by Permian growth and stronger U.S. feedstock exports, which reinforces the stock’s appeal as a steady income name. Article: Here’s How EPD’s Midstream Network Supports Durable Cash Flow Growth
- Neutral Sentiment: Investor commentary also framed EPD’s recent pullback as a possible buying opportunity, especially with demand themes tied to the AI energy buildout. Article: Enterprise Products Partners’ Pullback Is An Opportunity As The AI Energy Wave Builds
- Negative Sentiment: The main offset is that earnings momentum is not perfect: the company recently missed quarterly EPS expectations even though revenue came in above forecasts, suggesting some execution risk remains. Article: Enterprise Products Partners L.P. – Free Report
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on EPD. JPMorgan Chase & Co. lifted their price objective on shares of Enterprise Products Partners from $40.00 to $41.00 and gave the company a “neutral” rating in a report on Tuesday, May 12th. Barclays increased their target price on shares of Enterprise Products Partners from $38.00 to $39.00 and gave the stock an “overweight” rating in a report on Thursday, March 5th. Truist Financial boosted their price objective on shares of Enterprise Products Partners from $36.00 to $40.00 and gave the stock a “hold” rating in a research report on Monday, May 4th. Morgan Stanley restated an “underweight” rating and issued a $43.00 target price (up from $42.00) on shares of Enterprise Products Partners in a report on Wednesday, May 20th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $39.00 price target on shares of Enterprise Products Partners in a research note on Thursday, May 14th. Nine research 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 an average rating of “Hold” and an average target price of $39.67.
Check Out Our Latest Research Report on Enterprise Products Partners
Enterprise Products Partners 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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