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

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

A number of other research analysts have also commented on the company. JPMorgan Chase & Co. raised their price target on Enterprise Products Partners from $35.00 to $39.00 and gave the company a “neutral” rating in a report on Tuesday, March 10th. Wolfe Research lowered shares of Enterprise Products Partners from a “peer perform” rating to an “underperform” rating and set a $31.00 target price for the company. in a research report on Wednesday, January 14th. Citigroup reissued a “buy” rating and set a $39.00 target price (up from $36.00) on shares of Enterprise Products Partners in a research note on Wednesday, February 4th. 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. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $32.00 price target on shares of Enterprise Products Partners in a research note on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, nine have issued 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 stock has an average rating of “Moderate Buy” and a consensus target price of $37.20.

Enterprise Products Partners Stock Performance

Shares of EPD stock opened at $39.30 on Wednesday. Enterprise Products Partners has a 12-month low of $27.77 and a 12-month high of $39.74. 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 has a market capitalization of $84.95 billion, a price-to-earnings ratio of 14.77, a price-to-earnings-growth ratio of 1.56 and a beta of 0.59. The business has a 50 day simple moving average of $35.96 and a 200 day simple moving average of $33.18.

Enterprise Products Partners (NYSE:EPD) last announced its earnings results on Monday, February 2nd. The oil and gas producer reported $0.75 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $13.79 billion for the quarter, compared to the consensus estimate of $12.44 billion. During the same quarter in the previous year, the business earned $0.74 EPS. The firm’s revenue for the quarter was down 2.9% on a year-over-year basis. On average, equities research analysts anticipate that Enterprise Products Partners will post 2.9 EPS for the current year.

Enterprise Products Partners Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were given a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 5.6%. This is a boost 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%.

Insider Transactions at Enterprise Products Partners

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

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Auto Owners Insurance Co lifted its position in shares of Enterprise Products Partners by 3,106.0% during the 4th 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 acquiring an additional 31,060,000 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new position in shares of Enterprise Products Partners in the 3rd quarter worth $292,194,000. Goldman Sachs Group Inc. raised its position in shares of Enterprise Products Partners by 12.0% during the fourth 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 during the period. Energy Income Partners LLC raised its position in shares of Enterprise Products Partners by 14.3% during the second 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 during the period. Finally, Corient Private Wealth LLC lifted its holdings in shares of Enterprise Products Partners by 119.4% during the second 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 purchasing an additional 1,313,976 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

More Enterprise Products Partners News

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

• Positive Sentiment: Wells Fargo upgraded EPD to Overweight from Equal Weight and raised its price target to $42, citing Permian growth and supportive oil-market dynamics (including geopolitical supply concerns). This upgrade is the primary catalyst for the stock move. Wells Fargo Upgrades Enterprise Products (EPD)
• Positive Sentiment: Analyst consensus is turning constructive: Enterprise Products Partners has an average rating of “Moderate Buy,” reinforcing buy-side momentum and supporting demand for the units. EPD Given Average Rating of “Moderate Buy”
• Positive Sentiment: Wells Fargo’s upgrade and commentary were widely reported and immediately tied to a short-term uptick in the share price (reports note the stock trading up after the upgrade). That market reaction confirms the upgrade’s near-term influence. EPD Trading Up After Analyst Upgrade
• Positive Sentiment: US Capital Advisors issued a positive view for FY2026 earnings and updated a Q1 earnings forecast for EPD, which supports expectations for stronger distributions/earnings this year. US Capital Advisors Positive on EPD FY2026
• Positive Sentiment: Insider buying was highlighted alongside a new 1-year high, a signal investors often view as a bullish indicator of management confidence. EPD Sets New 1-Year High on Insider Buying
• Neutral Sentiment: Truist Financial initiated coverage on EPD; initiation can increase analyst attention and liquidity, but immediate directional impact depends on the stance and model assumptions of the initiation. Truist Initiates Coverage of EPD
• Neutral Sentiment: Market write-ups (Zacks/Yahoo) note EPD “lapping the market” and recent outperformance relative to the broader market; these are descriptive pieces that reflect current momentum rather than new fundamental news. EPD Laps the Stock Market

Enterprise Products Partners Company 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.