Enterprise Products Partners L.P. (NYSE:EPD – Free Report) – Equities researchers at US Capital Advisors raised their Q1 2025 earnings estimates for Enterprise Products Partners in a research note issued on Monday, February 3rd. US Capital Advisors analyst J. Carreker now expects that the oil and gas producer will post earnings per share of $0.69 for the quarter, up from their prior forecast of $0.66. US Capital Advisors currently has a “Strong-Buy” rating on the stock. The consensus estimate for Enterprise Products Partners’ current full-year earnings is $2.67 per share. US Capital Advisors also issued estimates for Enterprise Products Partners’ Q2 2025 earnings at $0.67 EPS, Q3 2025 earnings at $0.71 EPS, FY2025 earnings at $2.81 EPS and FY2026 earnings at $2.94 EPS.
A number of other research analysts also recently weighed in on EPD. Truist Financial raised their target price on shares of Enterprise Products Partners from $37.00 to $40.00 and gave the company a “buy” rating in a research report on Friday, January 3rd. Citigroup raised their target price on shares of Enterprise Products Partners from $36.00 to $37.00 and gave the company a “buy” rating in a research report on Thursday. Wolfe Research downgraded shares of Enterprise Products Partners from an “outperform” rating to a “peer perform” rating in a research report on Friday, January 10th. Bank of America initiated coverage on shares of Enterprise Products Partners in a research report on Thursday, October 17th. They issued a “buy” rating and a $35.00 target price for the company. Finally, Wells Fargo & Company downgraded shares of Enterprise Products Partners from an “overweight” rating to an “equal weight” rating and set a $35.00 price objective for the company. in a research report on Wednesday, December 18th. Four equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Enterprise Products Partners currently has an average rating of “Moderate Buy” and an average target price of $34.70.
Enterprise Products Partners Stock Up 0.3 %
Enterprise Products Partners stock opened at $32.96 on Thursday. The company has a market cap of $71.45 billion, a P/E ratio of 12.35, a price-to-earnings-growth ratio of 1.54 and a beta of 1.09. Enterprise Products Partners has a 1-year low of $26.14 and a 1-year high of $34.63. The company has a fifty day simple moving average of $32.52 and a 200 day simple moving average of $30.62. The company has a current ratio of 1.07, a quick ratio of 0.83 and a debt-to-equity ratio of 1.05.
Enterprise Products Partners (NYSE:EPD – Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The oil and gas producer reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.05. The business had revenue of $14.20 billion for the quarter, compared to analyst estimates of $14.07 billion. Enterprise Products Partners had a net margin of 10.32% and a return on equity of 20.31%. The firm’s quarterly revenue was down 2.9% on a year-over-year basis. During the same period last year, the business posted $0.72 earnings per share.
Enterprise Products Partners Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be paid a dividend of $0.535 per share. This represents a $2.14 dividend on an annualized basis and a dividend yield of 6.49%. The ex-dividend date of this dividend is Friday, January 31st. This is a boost from Enterprise Products Partners’s previous quarterly dividend of $0.53. Enterprise Products Partners’s dividend payout ratio (DPR) is currently 79.55%.
Institutional Trading of Enterprise Products Partners
Hedge funds have recently modified their holdings of the stock. Park Avenue Securities LLC raised its stake in Enterprise Products Partners by 4.2% in the 3rd quarter. Park Avenue Securities LLC now owns 36,633 shares of the oil and gas producer’s stock worth $1,066,000 after purchasing an additional 1,474 shares in the last quarter. SL Advisors LLC raised its stake in Enterprise Products Partners by 3.1% in the 3rd quarter. SL Advisors LLC now owns 73,064 shares of the oil and gas producer’s stock worth $2,127,000 after purchasing an additional 2,226 shares in the last quarter. Strategic Wealth Partners Ltd. raised its stake in Enterprise Products Partners by 3.8% in the 3rd quarter. Strategic Wealth Partners Ltd. now owns 9,731 shares of the oil and gas producer’s stock worth $283,000 after purchasing an additional 353 shares in the last quarter. Future Financial Wealth Managment LLC acquired a new stake in Enterprise Products Partners in the 3rd quarter worth about $178,000. Finally, Howard Financial Services LTD. raised its stake in Enterprise Products Partners by 1.7% in the 3rd quarter. Howard Financial Services LTD. now owns 90,724 shares of the oil and gas producer’s stock worth $2,641,000 after purchasing an additional 1,552 shares in the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.
Enterprise Products Partners Company Profile
Enterprise 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.
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