Enterprise Products Partners L P (EPD) Is A Buy According To Analysts

Enterprise Products Partners L P (NYSE:EPD) has a beta value of 0.66 and has seen 1.89 million shares traded in the recent trading session. The company, currently valued at $68.69B, closed the recent trade at $31.67 per share which meant it lost -$0.09 on the day or -0.28% during that session. The EPD stock price is -9.35% off its 52-week high price of $34.63 and 13.58% above the 52-week low of $27.37.

The consensus among analysts is that Enterprise Products Partners L P (EPD) is Buy stock at the moment, with a recommendation rating of 1.86. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 4 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.

Enterprise Products Partners L P (NYSE:EPD) trade information

Sporting -0.28% in the red today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the EPD stock price touched $31.67 or saw a rise of 1.12%. Year-to-date, Enterprise Products Partners L P shares have moved 0.99%, while the 5-day performance has seen it change 4.46%. Over the past 30 days, the shares of Enterprise Products Partners L P (NYSE:EPD) have changed 4.46%.

Wall Street analysts have a consensus price target for the stock at $37.5, which means that the shares’ value could jump 15.55% from the levels at last check today.. The projected low price target is $35.0 while the price target rests at a high of $40.0. In that case, then, we find that the latest price level in today’s session is -26.3% off the targeted high while a plunge would see the stock gain -10.51% from the levels at last check today..

Enterprise Products Partners L P (EPD) estimates and forecasts

The company’s shares have gained 4.11% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 5.15% over the past 5 years. Earnings growth for 2025 is a modest 6.03% while over the next 5 years, the company’s earnings are expected to increase by 5.59%.

EPD Dividends

Enterprise Products Partners L P is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 2.12 at a share yield of 6.69%. The company’s dividend yield has gone up over the past 12 months.

Enterprise Products Partners L P (NYSE:EPD)’s Major holders

The top two institutional holders are ALPS ADVISORS INC with over 38.39 million shares worth more than $1.11 billion. As of 2024-06-30, ALPS ADVISORS INC held 1.7684% of shares outstanding.

The other major institutional holder is INVESCO LTD., with the holding of over 25.5 million shares as of 2024-06-30. The firm’s total holdings are worth over $739.08 million and represent 1.1747% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are ALPS ETF TRUST-ALERIAN MLP ETF and AIM Investment Fd.s -Invesco SteelPath MLP Income Fd. . As of Feb 28, 2025 , the former fund manager holds about 1.95% shares in the company for having 42.27 shares of worth $1.35 billion while later fund manager owns 18.27 shares of worth $582.33 million as of Feb 28, 2025 , which makes it owner of about 0.84% of company’s outstanding stock.