Enterprise Products Partners (NYSE:EPD – Get Free Report) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Sunday.
Other equities research analysts have also recently issued reports about the company. Morgan Stanley raised their target price on Enterprise Products Partners from $34.00 to $38.00 and gave the company an “underweight” rating in a research report on Wednesday, March 18th. Scotiabank increased their price target on Enterprise Products Partners from $37.00 to $39.00 and gave the stock a “sector perform” rating in a research report on Tuesday, March 17th. JPMorgan Chase & Co. raised their price objective on Enterprise Products Partners from $35.00 to $39.00 and gave the company a “neutral” rating in a report on Tuesday, March 10th. Weiss Ratings restated a “buy (b)” rating on shares of Enterprise Products Partners in a research report on Thursday, January 22nd. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $34.00 target price on shares of Enterprise Products Partners in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $37.20.
Enterprise Products Partners Stock Up 0.5%
Enterprise Products Partners (NYSE:EPD – Get Free Report) last released its quarterly earnings data on Monday, February 2nd. The oil and gas producer reported $0.75 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.06. The company had revenue of $13.79 billion during the quarter, compared to analysts’ expectations of $12.44 billion. Enterprise Products Partners had a net margin of 11.05% and a return on equity of 19.33%. The firm’s revenue for the quarter was down 2.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.74 earnings per share. On average, research analysts forecast that Enterprise Products Partners will post 2.9 EPS for the current year.
Insider Activity
In other news, CEO Aj Teague bought 2,665 shares of Enterprise Products Partners stock in a transaction 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 acquisition, the chief executive officer directly 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director John R. Rutherford bought 15,000 shares of the firm’s stock in a transaction dated 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 transaction, the director owned 173,586 shares of the company’s stock, valued at approximately $5,570,374.74. This represents a 9.46% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 32.60% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in the company. Arete Wealth Advisors LLC boosted its stake in Enterprise Products Partners by 1.5% during the 3rd quarter. Arete Wealth Advisors LLC now owns 21,145 shares of the oil and gas producer’s stock worth $661,000 after purchasing an additional 317 shares during the last quarter. ORG Wealth Partners LLC grew its holdings in shares of Enterprise Products Partners by 0.5% during the fourth quarter. ORG Wealth Partners LLC now owns 66,266 shares of the oil and gas producer’s stock worth $2,125,000 after buying an additional 317 shares in the last quarter. Walker Asset Management LLC raised its position in shares of Enterprise Products Partners by 1.7% in the fourth quarter. Walker Asset Management LLC now owns 19,678 shares of the oil and gas producer’s stock valued at $631,000 after buying an additional 326 shares during the last quarter. Mission Wealth Management LP lifted its stake in shares of Enterprise Products Partners by 1.0% in the fourth quarter. Mission Wealth Management LP now owns 32,348 shares of the oil and gas producer’s stock worth $1,037,000 after buying an additional 328 shares in the last quarter. Finally, Montag A & Associates Inc. lifted its stake in shares of Enterprise Products Partners by 5.9% in the fourth quarter. Montag A & Associates Inc. now owns 5,880 shares of the oil and gas producer’s stock worth $189,000 after buying an additional 330 shares in the last quarter. 26.07% of the stock is owned by institutional investors and hedge funds.
Key Headlines Impacting Enterprise Products Partners
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.
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