Crescent Grove Advisors LLC cut its stake in Enterprise Products Partners L.P. (NYSE:EPD – Free Report) by 59.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,662 shares of the oil and gas producer’s stock after selling 102,232 shares during the period. Crescent Grove Advisors LLC’s holdings in Enterprise Products Partners were worth $2,233,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in the stock. Cibc World Market Inc. increased its position in Enterprise Products Partners by 15.7% in the fourth quarter. Cibc World Market Inc. now owns 23,773 shares of the oil and gas producer’s stock worth $762,000 after buying an additional 3,231 shares during the period. Lido Advisors LLC increased its position in Enterprise Products Partners by 0.7% in the fourth quarter. Lido Advisors LLC now owns 254,694 shares of the oil and gas producer’s stock worth $8,022,000 after buying an additional 1,792 shares during the period. Elgethun Capital Management increased its position in Enterprise Products Partners by 6.2% in the fourth quarter. Elgethun Capital Management now owns 184,331 shares of the oil and gas producer’s stock worth $5,910,000 after buying an additional 10,765 shares during the period. WCG Wealth Advisors LLC grew its stake in shares of Enterprise Products Partners by 27.0% in the fourth quarter. WCG Wealth Advisors LLC now owns 130,450 shares of the oil and gas producer’s stock worth $4,182,000 after purchasing an additional 27,743 shares in the last quarter. Finally, Johnson Financial Group LLC bought a new position in shares of Enterprise Products Partners in the fourth quarter worth $662,000. 26.07% of the stock is owned by institutional investors and hedge funds.
Enterprise Products Partners Trading Up 0.9%
Shares of EPD stock opened at $38.04 on Thursday. The stock has a 50-day simple moving average of $38.14 and a 200 day simple moving average of $35.42. Enterprise Products Partners L.P. has a fifty-two week low of $30.01 and a fifty-two week high of $40.17. The stock has a market capitalization of $82.22 billion, a P/E ratio of 14.09, a P/E/G ratio of 1.34 and a beta of 0.49. The company has a quick ratio of 0.61, a current ratio of 0.91 and a debt-to-equity ratio of 1.03.
Enterprise Products Partners Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, May 14th. Investors of record on Thursday, April 30th were paid a dividend of $0.55 per share. The ex-dividend date of this dividend was Thursday, April 30th. This represents a $2.20 annualized dividend and a yield of 5.8%. Enterprise Products Partners’s dividend payout ratio (DPR) is currently 81.48%.
Insiders Place Their Bets
In other 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 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 acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 32.60% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on EPD. Stifel Nicolaus increased their price target on Enterprise Products Partners from $41.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. The Goldman Sachs Group reissued a “neutral” rating and issued a $39.00 price target on shares of Enterprise Products Partners in a research note on Thursday, May 14th. Truist Financial increased their price target on Enterprise Products Partners from $36.00 to $40.00 and gave the stock a “hold” rating in a research note on Monday, May 4th. Royal Bank Of Canada increased their price target on Enterprise Products Partners from $40.00 to $42.00 and gave the stock an “outperform” rating in a research note on Monday, March 30th. Finally, TD Cowen reissued a “hold” rating and issued a $38.00 price target (up from $34.00) on shares of Enterprise Products Partners in a research note on Thursday, April 16th. Nine investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $39.67.
Get Our Latest Analysis on Enterprise Products Partners
More Enterprise Products Partners News
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
About Enterprise Products Partners
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
- Five stocks we like better than Enterprise Products Partners
- Coke’s $10B India IPO Plan Pops the Top on Hidden Value
- FedEx Unboxes Billions in Post-Spinoff Value
- Marvell’s AI Moment Raises a Bigger Question for Amazon and ServiceNow
- Palo Alto Networks Accelerates Growth 31% on AI Demand
Want to see what other hedge funds are holding EPD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enterprise Products Partners L.P. (NYSE:EPD – Free Report).
Receive News & Ratings for Enterprise Products Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enterprise Products Partners and related companies with MarketBeat.com's FREE daily email newsletter.
