20,006 Shares in Enterprise Products Partners L.P. $EPD Acquired by Wealth Enhancement Trust Services Inc.

Wealth Enhancement Trust Services Inc. acquired a new position in shares of Enterprise Products Partners L.P. (NYSE:EPD) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 20,006 shares of the oil and gas producer’s stock, valued at approximately $641,000.

Other large investors have also recently modified their holdings of the company. PMV Capital Advisers LLC bought a new position in shares of Enterprise Products Partners during the 4th quarter worth approximately $25,000. Palisade Asset Management LLC bought a new position in shares of Enterprise Products Partners during the 3rd quarter worth approximately $31,000. Texas Capital Bancshares Inc TX bought a new position in shares of Enterprise Products Partners during the 3rd quarter worth approximately $32,000. Abich Financial Wealth Management LLC bought a new position in shares of Enterprise Products Partners during the 3rd quarter worth approximately $32,000. Finally, Financial Consulate Inc. bought a new position in shares of Enterprise Products Partners during the 3rd quarter worth approximately $33,000. Institutional investors own 26.07% of the company’s stock.

Trending Headlines about Enterprise Products Partners

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

• Positive Sentiment: Management announced a quarterly cash distribution of $0.55 per share, reinforcing EPD’s income profile and supporting yield-seeking demand. Enterprise Products Partners (EPD) Announces Quarterly Dividend of $0.55 per Share
• Positive Sentiment: Multiple retail-focused outlets continue to feature EPD as a high-yield, income-oriented pick, which can sustain institutional and retail interest for longer-term dividend investors. This 5.8% Yield Is Safe and Here’s How You Know
• Positive Sentiment: EPD is also included in roundups of high-yield dividend stocks that attract new cash allocations from income investors. Put $10,000 Into These High-Yield Dividend Stocks and Collect Passive Income Year After Year
• Neutral Sentiment: Some analyst note pieces are providing mixed or idiosyncratic takes on EPD along with peers, offering insights but no clear consensus-driven catalyst. Analysts Have Conflicting Sentiments on These Energy Companies: TC Energy (TRP) and Enterprise Products Partners (EPD)
• Neutral Sentiment: Additional analyst commentaries include EPD in broader energy-company reviews (Permian, Whitecap, APA), which provide context but don’t present firm-specific surprises. Analysts Offer Insights on Energy Companies: Permian Resources (PR), Enterprise Products Partners (EPD) and APA (APA)
• Negative Sentiment: Market reaction: shares slipped on the most recent trading session, with media headlines noting the intraday decline — likely short-term selling pressure or profit-taking despite the dividend news. Enterprise Products Partners (EPD) Stock Sinks As Market Gains: Here’s Why

Wall Street Analyst Weigh In

EPD has been the subject of several recent analyst reports. TD Cowen reiterated a “hold” rating and set a $38.00 price objective (up from $34.00) on shares of Enterprise Products Partners in a research note on Thursday. Wells Fargo & Company upgraded shares of Enterprise Products Partners from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $40.00 to $42.00 in a research note on Wednesday, March 25th. Scotiabank boosted their price objective on shares of Enterprise Products Partners from $37.00 to $39.00 and gave the stock a “sector perform” rating in a research note on Tuesday, March 17th. JPMorgan Chase & Co. boosted their target price on shares of Enterprise Products Partners from $35.00 to $39.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 10th. Finally, Wall Street Zen raised shares of Enterprise Products Partners from a “hold” rating to a “buy” rating in a research report on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $38.27.

Enterprise Products Partners Stock Down 0.0%

NYSE:EPD opened at $36.66 on Monday. The company has a market cap of $79.25 billion, a PE ratio of 13.78, a P/E/G ratio of 1.41 and a beta of 0.55. Enterprise Products Partners L.P. has a twelve month low of $29.66 and a twelve month high of $39.74. The company has a current ratio of 1.04, a quick ratio of 0.74 and a debt-to-equity ratio of 1.07. The company’s 50 day moving average is $37.16 and its two-hundred day moving average is $33.84.

Enterprise Products Partners (NYSE:EPD) last released its earnings results on Monday, February 2nd. The oil and gas producer reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.06. The company had revenue of $13.79 billion for the quarter, compared to the consensus estimate of $12.44 billion. Enterprise Products Partners had a net margin of 11.05% and a return on equity of 19.33%. Enterprise Products Partners’s revenue was down 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.74 EPS. Analysts anticipate that Enterprise Products Partners L.P. will post 2.9 EPS for the current year.

Enterprise Products Partners Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 14th. Shareholders of record on Thursday, April 30th will be given a dividend of $0.55 per share. This represents a $2.20 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Thursday, April 30th. Enterprise Products Partners’s payout ratio is currently 82.71%.

Insiders Place Their Bets

In related news, CEO Aj Teague bought 2,665 shares of the company’s stock in a transaction on Friday, March 20th. The shares were bought at an average price of $37.55 per share, with a total value of $100,070.75. Following the transaction, the chief executive officer owned 77,576 shares in the company, valued at approximately $2,912,978.80. This trade represents a 3.56% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 32.60% of the company’s stock.

About Enterprise Products Partners

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.

Enterprise serves a diverse set of customers including producers, refiners, petrochemical companies, marketers and end users.