21,304 Shares in Enterprise Products Partners L.P. $EPD Acquired by Phraction Management LLC

Phraction Management LLC acquired a new position in shares of Enterprise Products Partners L.P. (NYSE:EPD) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 21,304 shares of the oil and gas producer’s stock, valued at approximately $683,000.

Several other large investors have also recently modified their holdings of EPD. Energy Income Partners LLC grew its position in Enterprise Products Partners by 0.6% in the 3rd quarter. Energy Income Partners LLC now owns 14,705,122 shares of the oil and gas producer’s stock valued at $459,829,000 after acquiring an additional 80,884 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Enterprise Products Partners by 1.9% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,570,499 shares of the oil and gas producer’s stock valued at $361,810,000 after acquiring an additional 214,995 shares during the last quarter. CIBC Bancorp USA Inc. bought a new position in Enterprise Products Partners in the 3rd quarter valued at $292,194,000. Berkley W R Corp raised its stake in Enterprise Products Partners by 17.9% in the third quarter. Berkley W R Corp now owns 6,000,000 shares of the oil and gas producer’s stock valued at $187,620,000 after buying an additional 910,206 shares during the last quarter. Finally, Thrivent Financial for Lutherans raised its stake in Enterprise Products Partners by 8.6% in the third quarter. Thrivent Financial for Lutherans now owns 4,182,229 shares of the oil and gas producer’s stock valued at $130,778,000 after buying an additional 331,066 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Enterprise Products Partners Stock Performance

Shares of Enterprise Products Partners stock opened at $36.66 on Friday. The company has a quick ratio of 0.74, a current ratio of 1.04 and a debt-to-equity ratio of 1.07. The firm has a market cap of $79.25 billion, a PE ratio of 13.78, a price-to-earnings-growth ratio of 1.44 and a beta of 0.55. Enterprise Products Partners L.P. has a 52 week low of $29.66 and a 52 week high of $39.74. The business’s fifty day simple moving average is $37.16 and its 200-day simple moving average is $33.81.

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

Enterprise Products Partners Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 14th. Shareholders of record on Thursday, April 30th will be given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date of this dividend is Thursday, April 30th. Enterprise Products Partners’s dividend payout ratio (DPR) is presently 82.71%.

More Enterprise Products Partners News

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

• Positive Sentiment: Management announced a quarterly cash distribution of $0.55 per share, reinforcing EPD’s income profile and supporting yield-seeking demand. Enterprise Products Partners (EPD) Announces Quarterly Dividend of $0.55 per Share
• Positive Sentiment: Multiple retail-focused outlets continue to feature EPD as a high-yield, income-oriented pick, which can sustain institutional and retail interest for longer-term dividend investors. This 5.8% Yield Is Safe and Here’s How You Know
• Positive Sentiment: EPD is also included in roundups of high-yield dividend stocks that attract new cash allocations from income investors. Put $10,000 Into These High-Yield Dividend Stocks and Collect Passive Income Year After Year
• Neutral Sentiment: Some analyst note pieces are providing mixed or idiosyncratic takes on EPD along with peers, offering insights but no clear consensus-driven catalyst. Analysts Have Conflicting Sentiments on These Energy Companies: TC Energy (TRP) and Enterprise Products Partners (EPD)
• Neutral Sentiment: Additional analyst commentaries include EPD in broader energy-company reviews (Permian, Whitecap, APA), which provide context but don’t present firm-specific surprises. Analysts Offer Insights on Energy Companies: Permian Resources (PR), Enterprise Products Partners (EPD) and APA (APA)
• Negative Sentiment: Market reaction: shares slipped on the most recent trading session, with media headlines noting the intraday decline — likely short-term selling pressure or profit-taking despite the dividend news. Enterprise Products Partners (EPD) Stock Sinks As Market Gains: Here’s Why

Analyst Upgrades and Downgrades

EPD has been the subject of a number of research analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Enterprise Products Partners in a research note on Thursday, January 22nd. Morgan Stanley reiterated an “underweight” rating and issued a $42.00 target price on shares of Enterprise Products Partners in a research report on Tuesday. JPMorgan Chase & Co. raised their price target on shares of Enterprise Products Partners from $35.00 to $39.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 10th. Scotiabank raised their price target on shares of 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. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $32.00 price target on shares of Enterprise Products Partners in a research report on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Enterprise Products Partners presently has an average rating of “Moderate Buy” and a consensus target price of $38.27.

Insiders Place Their Bets

In other Enterprise Products Partners news, CEO Aj Teague bought 2,665 shares of the business’s stock in a transaction dated Friday, March 20th. The stock was acquired at an average cost of $37.55 per share, with a total value of $100,070.75. Following the purchase, the chief executive officer owned 77,576 shares in the company, valued at approximately $2,912,978.80. This represents a 3.56% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 32.60% of the company’s stock.

Enterprise Products Partners 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.