
Enterprise Products Partners L.P. (NYSE:EPD) Given Consensus Rating of "Moderate Buy" by Analysts

Enterprise Products Partners L.P. (NYSE: EPD) has received a consensus rating of "Moderate Buy" from eleven research firms. Analysts' recommendations include four holds, six buys, and one strong buy, with an average price target of $36.89. Recent reports show Barclays raised its target to $37.00, while Wells Fargo downgraded it to $35.00. The company reported $0.74 EPS, exceeding estimates, and announced a quarterly dividend of $0.535, payable on May 14.
Shares of Enterprise Products Partners L.P. (NYSE:EPD - Get Free Report) have been assigned an average rating of "Moderate Buy" from the eleven research firms that are presently covering the company, MarketBeat reports. Four analysts have rated the stock with a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $36.89.
- 3 Top-Performing Non-Leveraged ETFs From 2024 and Into 2025
A number of research analysts recently issued reports on EPD shares. Barclays boosted their price target on Enterprise Products Partners from $35.00 to $37.00 and gave the company an "overweight" rating in a report on Friday, March 14th. Wells Fargo & Company downgraded Enterprise Products Partners from an "overweight" rating to an "equal weight" rating and set a $35.00 target price for the company. in a report on Wednesday, December 18th. Wolfe Research cut shares of Enterprise Products Partners from an "outperform" rating to a "peer perform" rating in a report on Friday, January 10th. Truist Financial upped their price objective on shares of Enterprise Products Partners from $37.00 to $40.00 and gave the stock a "buy" rating in a report on Friday, January 3rd. Finally, StockNews.com lowered shares of Enterprise Products Partners from a "buy" rating to a "hold" rating in a research note on Monday.
View Our Latest Stock Analysis on Enterprise Products Partners
Institutional Trading of Enterprise Products Partners
- The Only A-Rated Stock with a 7%+ Dividend
Hedge funds have recently made changes to their positions in the stock. Invesco Ltd. boosted its holdings in Enterprise Products Partners by 1.3% in the fourth quarter. Invesco Ltd. now owns 27,076,718 shares of the oil and gas producer's stock worth $849,126,000 after acquiring an additional 359,288 shares in the last quarter. FMR LLC raised its position in shares of Enterprise Products Partners by 2.1% in the 4th quarter. FMR LLC now owns 14,734,295 shares of the oil and gas producer's stock worth $462,067,000 after purchasing an additional 304,997 shares during the last quarter. Kayne Anderson Capital Advisors LP boosted its stake in Enterprise Products Partners by 16.7% in the 4th quarter. Kayne Anderson Capital Advisors LP now owns 13,588,164 shares of the oil and gas producer's stock worth $426,125,000 after purchasing an additional 1,947,017 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Enterprise Products Partners by 8.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,546,528 shares of the oil and gas producer's stock valued at $330,739,000 after purchasing an additional 851,188 shares during the last quarter. Finally, Westwood Holdings Group Inc. increased its stake in Enterprise Products Partners by 11.1% during the 4th quarter. Westwood Holdings Group Inc. now owns 5,830,088 shares of the oil and gas producer's stock valued at $182,832,000 after purchasing an additional 580,850 shares in the last quarter. 26.07% of the stock is owned by institutional investors.
Enterprise Products Partners Stock Performance
Shares of EPD stock opened at $28.86 on Friday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.83 and a current ratio of 1.07. Enterprise Products Partners has a fifty-two week low of $27.37 and a fifty-two week high of $34.63. The company has a market capitalization of $62.49 billion, a P/E ratio of 10.73, a PEG ratio of 1.37 and a beta of 0.78. The stock has a 50 day moving average price of $32.92 and a two-hundred day moving average price of $31.84.
- 3 high-yield values to buy ahead of rate cuts
Enterprise Products Partners (NYSE:EPD - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The oil and gas producer reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.05. Enterprise Products Partners had a net margin of 10.49% and a return on equity of 20.48%. The business had revenue of $14.20 billion during the quarter, compared to analysts' expectations of $14.07 billion. During the same quarter in the prior year, the company posted $0.72 EPS. The firm's revenue for the quarter was down 2.9% compared to the same quarter last year. Analysts expect that Enterprise Products Partners will post 2.9 earnings per share for the current year.
Enterprise Products Partners Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Wednesday, April 30th will be issued a $0.535 dividend. This represents a $2.14 dividend on an annualized basis and a yield of 7.42%. The ex-dividend date is Wednesday, April 30th. Enterprise Products Partners's dividend payout ratio (DPR) is presently 79.55%.
Enterprise Products Partners Company Profile
(Get Free ReportEnterprise Products Partners L.P. provides midstream energy services to producers and consumers of natural gas, natural gas liquids (NGLs), crude oil, petrochemicals, and refined products. It operates in four segments: NGL Pipelines & Services, Crude Oil Pipelines & Services, Natural Gas Pipelines & Services, and Petrochemical & Refined Products Services.
Read More
- Five stocks we like better than Enterprise Products Partners
- Health Care Stocks Explained: Why You Might Want to Invest
- Joby Aviation: Operational Momentum vs. Market Sentiment
- How to Profit From Value Investing
- Broadcom's Big Outperformance Shows Strength Amid Tariff Decline
- How to Use the MarketBeat Stock Screener
- Carvana: Can Turnaround Strength Outdrive Market Headwinds?
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Should You Invest $1,000 in Enterprise Products Partners Right Now?
Before you consider Enterprise Products Partners, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enterprise Products Partners wasn't on the list.
While Enterprise Products Partners currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
