Enterprise Products Partners (NYSE:EPD) Stock Price Down 1% – Time to Sell?

Enterprise Products Partners L.P. (NYSE:EPD)’s stock price dropped 1% during trading on Tuesday . The company traded as low as $36.39 and last traded at $36.7190. Approximately 3,203,754 shares traded hands during trading, a decline of 35% from the average daily volume of 4,903,688 shares. The stock had previously closed at $37.09.

Enterprise Products Partners News Summary

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

• Positive Sentiment: JPMorgan raised its price target on EPD from $35.00 to $39.00 (while keeping a “neutral” rating), signaling modest upside from current levels and giving the stock renewed analyst attention. Article Title
• Positive Sentiment: The Motley Fool named EPD among top energy picks in several recent pieces, praising its resilience if oil and gas prices fall and its long track record in midstream reliability — coverage that can attract income-focused and risk-averse retail buyers. Article Title
• Positive Sentiment: Additional Fool articles highlight EPD as a steady, dividend-oriented midstream name suitable for long-term passive income portfolios, reinforcing its appeal to yield-seeking investors. Article Title
• Positive Sentiment: A separate Fool roundup that targets smaller dollar investments also lists EPD among smart energy picks amid geopolitical volatility, which can boost retail inflows. Article Title
• Neutral Sentiment: Coverage from Zacks/MarketBeat and Yahoo flags EPD as a trending, widely searched stock and lists it among energy/dividend screens; this raises visibility and may increase trading volume/volatility without adding new fundamental catalysts. Zacks Article MarketBeat/Yahoo

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Raymond James Financial cut Enterprise Products Partners from a “strong-buy” rating to an “outperform” rating and set a $36.00 price objective on the stock. in a research report on Monday, January 5th. TD Cowen boosted their price target on Enterprise Products Partners from $33.00 to $34.00 and gave the stock a “hold” rating in a research note on Wednesday, February 4th. UBS Group reaffirmed a “buy” rating on shares of Enterprise Products Partners in a report on Wednesday, March 4th. The Goldman Sachs Group reaffirmed 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, Morgan Stanley lowered Enterprise Products Partners from an “equal weight” rating to an “underweight” rating and set a $34.00 target price for the company. in a research report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Enterprise Products Partners has an average rating of “Hold” and a consensus price target of $36.57.

Enterprise Products Partners Stock Performance

The firm has a market cap of $79.38 billion, a P/E ratio of 13.80, a P/E/G ratio of 2.67 and a beta of 0.58. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.74 and a current ratio of 1.04. The business’s 50-day simple moving average is $34.39 and its 200 day simple moving average is $32.62.

Enterprise Products Partners (NYSE:EPD) last released its quarterly earnings results on Monday, February 2nd. The oil and gas producer reported $0.75 earnings per share (EPS) 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 firm had revenue of $13.79 billion for the quarter, compared to the consensus estimate of $12.44 billion. During the same period last year, the business posted $0.74 EPS. The company’s revenue for the quarter was down 2.9% on a year-over-year basis. As a group, equities analysts predict that Enterprise Products Partners L.P. will post 2.9 earnings per share for the current year.

Enterprise Products Partners Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 13th. Shareholders of record on Friday, January 30th were given a $0.55 dividend. The ex-dividend date of this dividend was Friday, January 30th. This is a positive change from Enterprise Products Partners’s previous quarterly dividend of $0.55. This represents a $2.20 annualized dividend and a yield of 6.0%. Enterprise Products Partners’s payout ratio is 82.71%.

Insider Activity

In other news, Director John R. Rutherford purchased 15,000 shares of the business’s stock in a transaction on Monday, December 29th. The stock was acquired at an average cost of $32.09 per share, for a total transaction of $481,350.00. Following the purchase, the director directly owned 173,586 shares in the company, valued at $5,570,374.74. This trade represents a 9.46% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 32.60% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Enterprise Products Partners

A number of institutional investors and hedge funds have recently made changes to their positions in the business. PMV Capital Advisers LLC purchased a new stake in Enterprise Products Partners during the fourth quarter valued at approximately $25,000. Winnow Wealth LLC purchased a new position in shares of Enterprise Products Partners during the 2nd quarter worth $28,000. Palisade Asset Management LLC bought a new stake in shares of Enterprise Products Partners during the 3rd quarter valued at $31,000. Traub Capital Management LLC purchased a new stake in shares of Enterprise Products Partners in the 2nd quarter worth $31,000. Finally, Texas Capital Bancshares Inc TX purchased a new stake in shares of Enterprise Products Partners in the 3rd quarter worth $32,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

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.