During the recent session, Enterprise Products Partners L P (NYSE:EPD)’s traded shares were 0.86 million, with the beta value of the company hitting 0.65. At the last check today, the stock’s price was $30.98, reflecting an intraday loss of -0.82% or -$0.25. The 52-week high for the EPD share is $34.63, that puts it down -11.78 from that peak though still a striking 11.65% gain since the share price plummeted to a 52-week low of $27.37. The company’s market capitalization is $67.18B, and the average intraday trading volume over the past 10 days was 3.31 million shares, and the average trade volume was 5.24 million shares over the past three months.
Enterprise Products Partners L P (EPD) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.90. EPD has a Sell rating from 0 analyst(s) out of 4 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it.
Enterprise Products Partners L P (NYSE:EPD) trade information
Enterprise Products Partners L P (EPD) registered a -0.82% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.82% in intraday trading to $30.98, hitting a weekly high. The stock’s 5-day price performance is -1.32%, and it has moved by 3.60% in 30 days. Based on these gigs, the overall price performance for the year is 10.27%. The short interest in Enterprise Products Partners L P (NYSE:EPD) is 24.72 million shares and it means that shorts have 4.78 day(s) to cover.
The consensus price target of analysts on Wall Street is $37.5, which implies an increase of 17.39% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $35 and $40 respectively. As a result, EPD is trading at a discount of -29.12% off the target high and -12.98% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 5.15%. While earnings are projected to return 3.71% in 2025, the next five years will return 5.38% per annum.
EPD Dividends
Enterprise Products Partners L P is due to release its next quarterly earnings on 2025-Apr-28. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Enterprise Products Partners L P is 2.12, with the dividend yield indicating at 6.84 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 7.72%.
Enterprise Products Partners L P (NYSE:EPD)’s Major holders
Enterprise Products Partners L P insiders own 32.89% of total outstanding shares while institutional holders control 25.91%, with the float percentage being 38.62%. ALPS ADVISORS INC is the largest shareholder of the company, while 1617.0 institutions own stock in it. As of 2024-06-30, the company held over 38.39 million shares (or 1.7684% of all shares), a total value of $1.11 billion in shares.
The next largest institutional holding, with 25.5 million shares, is of INVESCO LTD.’s that is approximately 1.1747% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $739.08 million.
Also, the Mutual Funds coming in first place with the largest holdings of Enterprise Products Partners L P (EPD) shares are ALPS ETF TRUST-ALERIAN MLP ETF and AIM Investment Fd.s -Invesco SteelPath MLP Income Fd. . Data provided on Feb 28, 2025 indicates that ALPS ETF TRUST-ALERIAN MLP ETF owns about 42.27 shares. This amounts to just over 1.95 percent of the company’s overall shares, with a $1.31 billion market value. The same data shows that the other fund manager holds slightly less at 18.27, or about 0.84% of the stock, which is worth about $565.89 million.
