Enterprise Products Partners L.P. (NYSE:EPD) Receives $36.00 Consensus Price Target from Analysts

Shares of Enterprise Products Partners L.P. (NYSE:EPD) have been assigned an average rating of “Hold” from the seventeen research firms that are covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation, eight have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $36.2143.

A number of equities analysts have weighed in on EPD shares. Citigroup restated a “buy” rating and issued a $39.00 price target (up from $36.00) on shares of Enterprise Products Partners in a report on Wednesday, February 4th. Weiss Ratings reissued a “buy (b)” rating on shares of Enterprise Products Partners in a research report on Thursday, January 22nd. Wells Fargo & Company raised their price target on shares of Enterprise Products Partners from $36.00 to $38.00 and gave the company an “equal weight” rating in a report on Thursday, February 5th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $35.00 price target on shares of Enterprise Products Partners in a research note on Monday, December 1st. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $40.00 price objective on shares of Enterprise Products Partners in a report on Wednesday, February 4th.

Trending Headlines about Enterprise Products Partners

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

• Positive Sentiment: Stifel Nicolaus raised its price target on EPD to $41 and maintained a Buy rating — a clear near-term upside catalyst for the stock. Stifel target raise (Benzinga)
• Positive Sentiment: Recent quarterly results showed an EPS beat and strong cash flow metrics that support distributions and the partnership’s “toll road” model — fundamentals that attract income-focused investors.
• Neutral Sentiment: Multiple income/dividend pieces continue to feature EPD as a defensive, high-yield holding and recommend it for income portfolios, reinforcing steady long-term demand from yield-seeking investors. Buy These Dividend Aristocrats For Quality Income (Seeking Alpha)
• Neutral Sentiment: Consumer/retirement-focused coverage and sector roundups continue to list Enterprise alongside other midstream names as resilient, toll-style businesses — helpful for reputation but not an immediate catalyst. 2 Energy Stocks That Can Stand the Test of Time (Fool)
• Negative Sentiment: Revenue was down ~2.9% year-over-year in the most recent quarter — a reminder that commodity-linked volumes and throughput can still pressure top line despite stable fee-based contracts. EPD profile and recent results (MarketBeat)
• Negative Sentiment: Broader market risk and cautionary retirement/valuation commentary in the media have increased risk-off flows; that environment can push even dividend names lower as investors reduce exposure to cyclicals and yield plays. Don’t Panic! Create A Plan To Protect Your Retirement Today (Seeking Alpha)
• Negative Sentiment: Intraday trading volume was slightly below average and fundamentals show leverage (debt-to-equity ~1.04, current ratio <1), which can magnify moves lower on short-term weakness or profit-taking.

Enterprise Products Partners Stock Down 0.6%

Shares of NYSE EPD opened at $37.16 on Monday. The stock has a fifty day moving average price of $34.07 and a 200 day moving average price of $32.49. The company has a current ratio of 1.04, a quick ratio of 0.60 and a debt-to-equity ratio of 1.07. Enterprise Products Partners has a 12-month low of $27.77 and a 12-month high of $37.38. The company has a market cap of $80.33 billion, a P/E ratio of 13.97, a P/E/G ratio of 2.66 and a beta of 0.59.

Enterprise Products Partners (NYSE:EPD) last issued its earnings results on Monday, February 2nd. The oil and gas producer reported $0.75 earnings per share for the quarter, topping 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 company had revenue of $13.79 billion during the quarter, compared to the consensus estimate of $12.44 billion. During the same quarter in the prior year, the business earned $0.74 earnings per share. The company’s revenue was down 2.9% compared to the same quarter last year. Research analysts anticipate that Enterprise Products Partners will post 2.9 EPS for the current fiscal year.

Enterprise Products Partners Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 13th. Investors of record on Friday, January 30th were issued a $0.55 dividend. This is an increase from Enterprise Products Partners’s previous quarterly dividend of $0.55. This represents a $2.20 dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend was Friday, January 30th. Enterprise Products Partners’s dividend payout ratio (DPR) is currently 82.71%.

Insiders Place Their Bets

In other Enterprise Products Partners news, Director John R. Rutherford bought 15,000 shares of Enterprise Products Partners stock in a transaction dated Monday, December 29th. The stock was bought at an average cost of $32.09 per share, for a total transaction of $481,350.00. Following the purchase, the director owned 173,586 shares in the company, valued at $5,570,374.74. This represents a 9.46% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 32.60% of the stock is currently owned by company insiders.

Institutional Trading of Enterprise Products Partners

Several institutional investors have recently added to or reduced their stakes in the stock. Alps Advisors Inc. lifted its holdings in Enterprise Products Partners by 0.6% in the fourth quarter. Alps Advisors Inc. now owns 42,639,131 shares of the oil and gas producer’s stock worth $1,367,011,000 after acquiring an additional 260,305 shares during the last quarter. Invesco Ltd. raised its position in shares of Enterprise Products Partners by 0.3% during the 2nd 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. Morgan Stanley lifted its holdings in shares of Enterprise Products Partners by 4.8% in the 4th quarter. Morgan Stanley now owns 19,116,333 shares of the oil and gas producer’s stock worth $612,870,000 after purchasing an additional 883,983 shares during the last quarter. American Century Companies Inc. boosted its position in Enterprise Products Partners by 1.4% during the 2nd quarter. American Century Companies Inc. now owns 18,652,232 shares of the oil and gas producer’s stock valued at $578,406,000 after purchasing an additional 252,513 shares during the period. Finally, Goldman Sachs Group Inc. boosted its position in 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 valued at $582,317,000 after purchasing an additional 1,940,583 shares during the period. 26.07% of the stock is owned by institutional investors and hedge funds.

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.