Enterprise Products Partners (NYSE:EPD) Rating Lowered to “Buy” at Wall Street Zen

Enterprise Products Partners (NYSE:EPD) was downgraded by Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Saturday, Wall Street Zen reports.

Several other brokerages have also recently issued reports on EPD. TD Cowen reiterated a “hold” rating and set a $38.00 target price (down from $39.00) on shares of Enterprise Products Partners in a report on Monday, August 3rd. Morgan Stanley reaffirmed an “underweight” rating and issued a $41.00 price objective (up from $40.00) on shares of Enterprise Products Partners in a research report on Tuesday, August 18th. Melius Research initiated coverage on Enterprise Products Partners in a research note on Tuesday, September 22nd. They set a “hold” rating and a $42.00 target price on the stock. Truist Financial raised their target price on shares of Enterprise Products Partners from $40.00 to $41.00 and gave the company a “hold” rating in a research note on Friday. Finally, Capital One Financial assumed coverage on shares of Enterprise Products Partners in a research report on Tuesday, September 22nd. They issued an “equal weight” rating and a $42.00 target price on the stock. Seven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $40.18.

Enterprise Products Partners Price Performance

Shares of NYSE EPD opened at $38.25 on Friday. The stock has a market capitalization of $82.60 billion, a price-to-earnings ratio of 12.67, a PEG ratio of 1.35 and a beta of 0.48. The business has a 50-day moving average of $37.67 and a 200-day moving average of $37.26. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.93 and a quick ratio of 0.66. Enterprise Products Partners has a fifty-two week low of $30.02 and a fifty-two week high of $40.17.

Enterprise Products Partners (NYSE:EPD) last issued its earnings results on Thursday, October 29th. The oil and gas producer reported $0.75 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.75. Enterprise Products Partners had a return on equity of 21.50% and a net margin of 10.24%. The business had revenue of $17.95 billion during the quarter, compared to the consensus estimate of $14.98 billion. During the same period in the previous year, the company posted $0.61 earnings per share. The firm’s revenue for the quarter was up 49.3% on a year-over-year basis. As a group, sell-side analysts predict that Enterprise Products Partners will post 3.11 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Enterprise Products Partners

Several large investors have recently added to or reduced their stakes in the company. Energy Income Partners LLC purchased a new position in shares of Enterprise Products Partners during the 2nd quarter valued at $508,461,000. Bank of America Corp DE acquired a new position in shares of Enterprise Products Partners during the second quarter worth approximately $416,553,000. BlackRock Inc. acquired a new stake in Enterprise Products Partners in the 2nd quarter worth approximately $255,325,000. Berkley W R Corp bought a new stake in shares of Enterprise Products Partners in the 2nd quarter valued at about $250,887,000. Finally, Miller Howard Investments Inc. NY raised its stake in Enterprise Products Partners by 4.1% in the third quarter. Miller Howard Investments Inc. NY now owns 3,344,118 shares of the oil and gas producer’s stock valued at $119,084,000 after purchasing an additional 132,227 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Key Enterprise Products Partners News

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

• Positive Sentiment: Strong quarterly performance: Enterprise reported third-quarter EPS of $0.75, in line with estimates, while revenue of $17.95 billion exceeded the $14.98 billion consensus and increased 49.3% year over year. EBITDA rose 16% to approximately $2.8 billion, supported by record volumes across its natural gas and NGL businesses. Enterprise Reports Third Quarter 2026 Earnings
• Positive Sentiment: Improved Permian outlook and project pipeline: Management raised its Permian wet-gas and NGL growth outlook to 34% through 2030, citing infrastructure expansion and export demand. Enterprise is also advancing a $6.3 billion project backlog, which could support future fee-based earnings growth. Enterprise forecasts 34 percent Permian wet gas and NGL growth
• Positive Sentiment: Distribution coverage remains solid: Operating cash flow covered distributions by 1.9 times, leaving roughly $1.1 billion for reinvestment, unit repurchases, or debt reduction. Rising free cash flow strengthens the case that EPD’s income payout is supported by operations. Enterprise Products Partners passive income analysis
• Neutral Sentiment: Analyst target increased, but rating remains cautious: Truist Financial raised its price target from $40 to $41 while maintaining a “hold” recommendation, implying limited-to-moderate upside from the referenced price. US Capital Advisors also made a marginal increase to its FY2027 EPS estimate, to $3.14 from $3.13.
• Negative Sentiment: Growth is expected to moderate: Although management lifted its longer-term Permian outlook, it indicated slower growth in 2027. That caution could limit near-term valuation upside despite strong current results and may be contributing to investor profit-taking.

About Enterprise Products Partners

Enterprise Products Partners L.P. (NYSE: EPD) is a North American midstream energy partnership headquartered in Houston, Texas. The company provides infrastructure and services for the transportation, storage, processing and export of energy products, connecting producers with domestic and international markets.

Its operations include pipelines, storage facilities, natural gas processing plants, natural gas liquids (NGL) fractionation facilities, and marine terminals. Enterprise handles NGLs such as ethane, propane, butanes and natural gasoline, as well as crude oil, refined products, petrochemicals and natural gas.