Enterprise Products Partners L.P. $EPD Shares Sold by Royal Bank of Canada

Posted by Brenda Bartman on Jul 31st, 2026

Royal Bank of Canada lowered its stake in shares of Enterprise Products Partners L.P. (NYSE:EPD – Free Report) by 4.2% in the first quarter, Holdings Channel reports. The firm owned 3,230,255 shares of the oil and gas producer’s stock after selling 142,874 shares during the period. Royal Bank of Canada’s holdings in Enterprise Products Partners were worth $122,234,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Alps Advisors Inc. increased its stake in Enterprise Products Partners by 0.6% during the 4th quarter. Alps Advisors Inc. now owns 42,639,131 shares of the oil and gas producer’s stock worth $1,367,011,000 after buying an additional 260,305 shares in the last quarter. Auto Owners Insurance Co boosted its stake in shares of Enterprise Products Partners by 3,106.0% in the fourth quarter. Auto Owners Insurance Co now owns 32,060,000 shares of the oil and gas producer’s stock worth $102,784,000 after acquiring an additional 31,060,000 shares during the last quarter. Morgan Stanley increased its position in shares of Enterprise Products Partners by 4.8% during the fourth quarter. Morgan Stanley now owns 19,116,333 shares of the oil and gas producer’s stock worth $612,870,000 after purchasing an additional 883,983 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Enterprise Products Partners by 12.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 18,163,343 shares of the oil and gas producer’s stock worth $582,317,000 after purchasing an additional 1,940,583 shares in the last quarter. Finally, Energy Income Partners LLC raised its stake in Enterprise Products Partners by 0.6% in the 3rd quarter. Energy Income Partners LLC now owns 14,705,122 shares of the oil and gas producer’s stock valued at $459,829,000 after purchasing an additional 80,884 shares during the last quarter. Institutional investors and hedge funds own 26.07% of the company’s stock.

Enterprise Products Partners News Summary

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

Positive Sentiment: Record quarterly results exceeded expectations. EPD reported $0.84 in earnings per diluted common unit, well above the $0.75 consensus estimate, while revenue reached $18.27 billion versus expectations of approximately $13.69 billion. Net income attributable to common unitholders rose 28% year over year to $1.84 billion. Enterprise Reports Second Quarter 2026 Earnings
Positive Sentiment: Operating momentum was strong. Adjusted EBITDA reached a record $2.8 billion, up 17% year over year, supported by record pipeline and marine terminal volumes. Equivalent pipeline volumes increased 8% to 14.7 million barrels per day, while marine terminal volumes jumped 33% to 2.8 million barrels per day. Q2 2026 Earnings Call Highlights
Positive Sentiment: Cash flow and growth investments support the distribution. Operational distributable cash flow was $2.31 billion, providing 1.9 times coverage of declared distributions. EPD declared a $0.56-per-unit distribution and announced plans for a new 150,000-barrel-per-day NGL fractionator and two Permian Basin gas-processing plants. Enterprise Products Partners Q2 Net Income Climbs
Neutral Sentiment: Analyst expectations had already anticipated year-over-year earnings and revenue growth, with forecasts also calling for higher throughput across natural gas, NGL, pipeline and petrochemical operations. The sizable earnings beat was therefore positive, but some of the good news may have been reflected in the stock beforehand. Rising Volume and Earnings Forecasts
Negative Sentiment: US Capital Advisors reduced its forecast for EPD’s fourth-quarter 2027 earnings to $0.84 per unit from $0.86, introducing a modest forward-estimate headwind despite raising its Q2 estimate before the earnings release. Enterprise Products Partners analyst estimates

Enterprise Products Partners Stock Down 1.5%

Shares of NYSE:EPD opened at $38.09 on Friday. The company has a quick ratio of 0.61, a current ratio of 0.91 and a debt-to-equity ratio of 1.03. The business has a fifty day moving average of $37.58 and a two-hundred day moving average of $36.96. The stock has a market cap of $82.34 billion, a P/E ratio of 14.11, a PEG ratio of 1.40 and a beta of 0.49. Enterprise Products Partners L.P. has a 52-week low of $30.01 and a 52-week high of $40.17.

Enterprise Products Partners (NYSE:EPD – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The oil and gas producer reported $0.84 EPS for the quarter, topping the consensus estimate of $0.75 by $0.09. The business had revenue of $18.27 billion for the quarter, compared to analyst estimates of $13.69 billion. Enterprise Products Partners had a return on equity of 19.53% and a net margin of 11.45%.The company’s quarterly revenue was up 60.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.66 EPS. On average, research analysts expect that Enterprise Products Partners L.P. will post 2.93 earnings per share for the current year.

Enterprise Products Partners Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Investors of record on Friday, July 31st will be given a dividend of $0.56 per share. The ex-dividend date is Friday, July 31st. This is an increase from Enterprise Products Partners’s previous quarterly dividend of $0.55. This represents a $2.24 annualized dividend and a yield of 5.9%. Enterprise Products Partners’s dividend payout ratio (DPR) is 82.96%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Scotiabank reaffirmed a “sector perform” rating and set a $40.00 target price (up from $39.00) on shares of Enterprise Products Partners in a research note on Tuesday, May 12th. Morgan Stanley set a $40.00 target price on shares of Enterprise Products Partners and gave the company an “underweight” rating in a research report on Tuesday, July 21st. Citigroup reissued a “buy” rating and issued a $44.00 price target (up from $39.00) on shares of Enterprise Products Partners in a research note on Friday, May 1st. TD Cowen reaffirmed 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, April 16th. Finally, Truist Financial increased their price objective on shares of Enterprise Products Partners from $36.00 to $40.00 and gave the company a “hold” rating in a report on Monday, May 4th. Eight equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $39.93.

Read Our Latest Analysis on Enterprise Products Partners

About Enterprise Products Partners

(Free Report)

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.