Enterprise Products Partners (NYSE:EPD) Trading 1.4% Higher – Here’s What Happened

22 Jul 2026, 14:20 by Renee Jackson · The Cerbat Gem

Enterprise Products Partners L.P. (NYSE:EPD – Get Free Report)’s stock price rose 1.4% during mid-day trading on Monday . The stock traded as high as $38.96 and last traded at $38.7460. 2,780,797 shares traded hands during trading, a decline of 34% from the average daily volume of 4,209,464 shares. The stock had previously closed at $38.20.

Analysts Set New Price Targets

Several equities analysts have weighed in on EPD shares. The Goldman Sachs Group restated a “neutral” rating and set a $38.00 price objective on shares of Enterprise Products Partners in a research note on Wednesday, June 17th. Wolfe Research upgraded shares of Enterprise Products Partners from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 21st. JPMorgan Chase & Co. raised their price target on shares of Enterprise Products Partners from $41.00 to $42.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Wall Street Zen cut shares of Enterprise Products Partners from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Finally, Citigroup reaffirmed a “buy” rating and issued a $44.00 price objective (up from $39.00) on shares of Enterprise Products Partners in a research report on Friday, May 1st. Eight research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $39.93.

Get Our Latest Stock Report on Enterprise Products Partners

Enterprise Products Partners Price Performance

The stock has a market cap of $84.00 billion, a P/E ratio of 14.38, a P/E/G ratio of 1.39 and a beta of 0.49. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.61 and a current ratio of 0.91. The business has a 50 day simple moving average of $37.68 and a 200-day simple moving average of $36.63.

Enterprise Products Partners (NYSE:EPD – Get Free Report) last released its earnings results on Monday, April 27th. The oil and gas producer reported $0.68 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.03). The business had revenue of $14.39 billion for the quarter, compared to the consensus estimate of $13.62 billion. Enterprise Products Partners had a return on equity of 19.53% and a net margin of 11.45%.The company’s revenue for the quarter was down 6.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.64 earnings per share. On average, sell-side analysts forecast that Enterprise Products Partners L.P. will post 2.97 EPS for the current year.

Enterprise Products Partners Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Shareholders of record on Friday, July 31st will be given a dividend of $0.56 per share. This is an increase from Enterprise Products Partners’s previous quarterly dividend of $0.55. This represents a $2.24 annualized dividend and a dividend yield of 5.8%. The ex-dividend date is Friday, July 31st. Enterprise Products Partners’s dividend payout ratio (DPR) is currently 82.96%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in EPD. Auto Owners Insurance Co raised its holdings in shares of Enterprise Products Partners by 3,106.0% during the 4th quarter. Auto Owners Insurance Co now owns 32,060,000 shares of the oil and gas producer’s stock valued at $102,784,000 after buying an additional 31,060,000 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Enterprise Products Partners by 12.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 18,163,343 shares of the oil and gas producer’s stock worth $582,317,000 after purchasing an additional 1,940,583 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Enterprise Products Partners by 119.4% during the second quarter. Corient Private Wealth LLC now owns 2,414,035 shares of the oil and gas producer’s stock valued at $74,859,000 after purchasing an additional 1,313,976 shares during the last quarter. Barclays PLC boosted its holdings in Enterprise Products Partners by 57.5% in the fourth quarter. Barclays PLC now owns 2,928,068 shares of the oil and gas producer’s stock worth $93,874,000 after acquiring an additional 1,069,304 shares in the last quarter. Finally, Vestmark Advisory Solutions Inc. boosted its stake in Enterprise Products Partners by 5,743.2% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 1,019,056 shares of the oil and gas producer’s stock worth $32,671,000 after purchasing an additional 1,001,616 shares in the last quarter. 26.07% of the stock is currently owned by hedge funds and other institutional investors.

Enterprise Products Partners Company Profile

(Get Free Report)

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.