Jennison Associates LLC lessened its holdings in Enterprise Products Partners L.P. (NYSE:EPD – Free Report) by 5.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 687,096 shares of the oil and gas producer’s stock after selling 38,115 shares during the period. Jennison Associates LLC’s holdings in Enterprise Products Partners were worth $22,028,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of EPD. PMV Capital Advisers LLC acquired a new stake in shares of Enterprise Products Partners in the 4th quarter valued at $25,000. Palisade Asset Management LLC acquired a new stake in shares of Enterprise Products Partners in the 3rd quarter valued at $31,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Enterprise Products Partners in the 3rd quarter valued at $32,000. Texas Capital Bancshares Inc TX acquired a new stake in shares of Enterprise Products Partners in the 3rd quarter valued at $32,000. Finally, Financial Consulate Inc. acquired a new stake in shares of Enterprise Products Partners in the 3rd quarter valued at $33,000. Institutional investors and hedge funds own 26.07% of the company’s stock.
Enterprise Products Partners Stock Performance
NYSE EPD opened at $38.13 on Friday. The stock has a market cap of $82.42 billion, a P/E ratio of 14.12, a PEG ratio of 1.44 and a beta of 0.52. The company’s 50-day simple moving average is $37.51 and its 200 day simple moving average is $34.24. Enterprise Products Partners L.P. has a twelve month low of $29.68 and a twelve month high of $39.74. The company has a quick ratio of 0.74, a current ratio of 1.04 and a debt-to-equity ratio of 1.07.
Enterprise Products Partners Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 14th. Investors of record on Thursday, April 30th will be paid a $0.55 dividend. The ex-dividend date of this dividend is Thursday, April 30th. This represents a $2.20 dividend on an annualized basis and a yield of 5.8%. Enterprise Products Partners’s payout ratio is presently 81.48%.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on EPD. Raymond James Financial lowered shares of Enterprise Products Partners from a “strong-buy” rating to an “outperform” rating and set a $36.00 price objective for the company. in a research note on Monday, January 5th. Stifel Nicolaus lifted their price objective on shares of Enterprise Products Partners from $41.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday. Truist Financial initiated coverage on shares of Enterprise Products Partners in a research report on Tuesday, March 24th. They set a “hold” rating and a $36.00 target price for the company. Barclays boosted their target price on shares of Enterprise Products Partners from $38.00 to $39.00 and gave the stock an “overweight” rating in a research report on Thursday, March 5th. Finally, Wolfe Research raised shares of Enterprise Products Partners from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $38.67.
Read Our Latest Report on Enterprise Products Partners
Insiders Place Their Bets
In other Enterprise Products Partners news, CEO Aj Teague bought 2,665 shares of the stock in a transaction that occurred on Friday, March 20th. The shares were acquired at an average price of $37.55 per share, with a total value of $100,070.75. Following the completion of the purchase, the chief executive officer directly owned 77,576 shares in the company, valued at $2,912,978.80. The trade was a 3.56% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 32.60% of the stock is currently owned by insiders.
Trending Headlines about Enterprise Products Partners
Here are the key news stories impacting Enterprise Products Partners this week:
- Positive Sentiment: Record Q1 volumes and strong earnings tied to higher export demand and new assets — supports growth outlook and explains recent upside momentum. Enterprise Products Partners Links Record Q1 To Higher 2026 Growth Plans
- Positive Sentiment: Goldman Sachs raising its oil-price forecast points to a higher-for-longer crude environment, which generally benefits midstream throughput and fee revenues. Goldman Sachs Just Raised Its Oil Price Forecast. Here’s What Energy Investors Should Do Now.
- Positive Sentiment: EPD has gained more than 20% year-to-date, reflecting strong execution and investor appetite for stable, high-yield energy names. That momentum can attract momentum buyers but also set up profit-taking. After Hot Start to the Year, Is Enterprise Products Partners Stock Still a Buy?
- Positive Sentiment: Analysts and screeners (Zacks) see EPD and select pipeline MLPs as positioned to weather industry challenges, supporting longer-term income investors. 3 Oil Pipeline MLP Stocks to Gain Despite Industry Challenges
- Positive Sentiment: Dividend-focused coverage highlights EPD’s appeal for income-oriented portfolios, keeping demand from yield-seeking investors. Want Decades of Passive Income? 2 Stocks to Buy Right Now
- Neutral Sentiment: Unusually high options trading in EPD signals elevated short-term interest/volatility but does not tell direction by itself. Monitor flow for clues to trader positioning. Enterprise Products Partners Target of Unusually High Options Trading (NYSE:EPD)
- Negative Sentiment: Some industry peers (e.g., NOV) reported Q1 misses tied to Middle East disruptions — a reminder regional risk can hamper services and segment performance across the energy complex. NOV Q1 Earnings Miss Estimates, Revenues Beat, Decrease Y/Y
- Negative Sentiment: Management raised 2026 growth capital plans — positive for future growth but potentially negative for near-term free cash flow/distributions if returns don’t materialize quickly. Enterprise Products Partners Links Record Q1 To Higher 2026 Growth Plans
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.
Read More
Want to see what other hedge funds are holding EPD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Enterprise Products Partners L.P. (NYSE:EPD – Free Report).
Receive News & Ratings for Enterprise Products Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enterprise Products Partners and related companies with MarketBeat.com's FREE daily email newsletter.
