Jones Financial Companies Lllp grew its position in Enterprise Products Partners L.P. (NYSE:EPD – Free Report) by 25.2% during the third quarter, Holdings Channel.com reports. The firm owned 157,325 shares of the oil and gas producer’s stock after acquiring an additional 31,672 shares during the period. Jones Financial Companies Lllp’s holdings in Enterprise Products Partners were worth $4,975,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Invesco Ltd. boosted 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 acquiring an additional 69,505 shares in the last quarter. American Century Companies Inc. boosted its holdings in Enterprise Products Partners by 1.4% in the second 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 in the last quarter. Energy Income Partners LLC increased its stake in Enterprise Products Partners by 14.3% in the second quarter. Energy Income Partners LLC now owns 14,624,238 shares of the oil and gas producer’s stock valued at $453,498,000 after purchasing an additional 1,834,659 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Enterprise Products Partners by 3.2% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,355,504 shares of the oil and gas producer’s stock worth $352,134,000 after purchasing an additional 351,931 shares in the last quarter. Finally, Hamlin Capital Management LLC lifted its position in shares of Enterprise Products Partners by 1.8% during the 2nd quarter. Hamlin Capital Management LLC now owns 4,995,047 shares of the oil and gas producer’s stock worth $154,896,000 after buying an additional 89,987 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.
Enterprise Products Partners Price Performance
Enterprise Products Partners stock opened at $34.93 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.88 and a quick ratio of 0.60. The business has a 50 day simple moving average of $32.61 and a 200-day simple moving average of $31.87. Enterprise Products Partners L.P. has a 12 month low of $27.77 and a 12 month high of $35.55. The stock has a market capitalization of $75.56 billion, a PE ratio of 13.13, a price-to-earnings-growth ratio of 2.47 and a beta of 0.60.
Enterprise Products Partners announced that its board has approved a stock repurchase plan on Thursday, October 30th that allows the company to repurchase $5.00 billion in shares. This repurchase authorization allows the oil and gas producer to repurchase up to 7.4% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.
Enterprise Products Partners Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, February 13th. Stockholders of record on Friday, January 30th will be paid a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a dividend yield of 6.3%. This is a positive change from Enterprise Products Partners’s previous quarterly dividend of $0.55. The ex-dividend date is Friday, January 30th. Enterprise Products Partners’s dividend payout ratio (DPR) is presently 82.71%.
Insider Transactions at Enterprise Products Partners
In other news, Director John R. Rutherford acquired 15,000 shares of Enterprise Products Partners stock in a transaction that occurred on Monday, December 29th. The stock was purchased at an average price of $32.09 per share, for a total transaction of $481,350.00. Following the completion of the transaction, the director directly owned 173,586 shares in the company, valued at approximately $5,570,374.74. This trade represents a 9.46% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 32.60% of the stock is owned by corporate insiders.
Analysts Set New Price Targets
EPD has been the topic of a number of recent analyst reports. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $32.00 target price on shares of Enterprise Products Partners in a research report on Friday, December 19th. Citigroup reiterated a “buy” rating and set a $39.00 target price (up previously from $36.00) on shares of Enterprise Products Partners in a research report on Wednesday. Wolfe Research cut 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. UBS Group reaffirmed a “buy” rating on shares of Enterprise Products Partners in a research report on Tuesday, December 16th. Finally, Stifel Nicolaus increased their price objective on Enterprise Products Partners from $35.00 to $38.00 and gave the company a “buy” rating in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, six have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $36.00.
View Our Latest Analysis on EPD
Key Stories Impacting Enterprise Products Partners
Here are the key news stories impacting Enterprise Products Partners this week:
- Positive Sentiment: Record Q4 results beat expectations and pushed shares higher after the release; multiple headlines reported the stock trading up and reaching a 12‑month high following the earnings beat. Enterprise Products Partners (NYSE:EPD) Trading Up 4.7% After Earnings Beat
- Positive Sentiment: Management signaled larger buybacks and elevated capital returns, which could boost distribution per unit and support valuation — a key reason some investors are bullish on near‑term income upside. Enterprise Products Partners’ Monster Payout Could Get Even Bigger
- Positive Sentiment: Analysts increased targets and highlighted upside potential after results — Wells Fargo raised its price target to $38 (equal weight), signaling modest upside from current levels. Wells Fargo raises price target to $38
- Neutral Sentiment: Consensus broker view remains mixed-to-favorable: MarketBeat reports an average “Moderate Buy” across ~16 brokerages (buys, holds and a few sells), so analyst opinion is supportive but not unanimous. Enterprise Products Partners L.P. (NYSE:EPD) Given Average Recommendation of “Moderate Buy” by Brokerages
- Neutral Sentiment: Analyst views are mixed: some (e.g., RBC) stuck with Buy ratings and conservative targets, while others (Scotiabank) maintain Hold — creating divergent near‑term expectations. Enterprise Products (EPD) Faces Mixed Analyst Views
- Negative Sentiment: US Capital Advisors trimmed FY2027 EPS estimates (from $3.21 to $3.13), indicating some analysts see slower forward earnings — a potential headwind for multiple expansion if others follow. Research Analysts Offer Predictions for EPD FY2025 Earnings / Analyst estimate note
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.
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