Chase Investment Counsel Corp Makes New $483,000 Investment in Enterprise Products Partners L.P. $EPD

Posted by George Bondi on Aug 17th, 2026

Chase Investment Counsel Corp acquired a new stake in shares of Enterprise Products Partners L.P. (NYSE:EPD – Free Report) in the 2nd quarter, Holdings Channel.com reports. The fund acquired 13,148 shares of the oil and gas producer’s stock, valued at approximately $483,000.

A number of other institutional investors have also recently made changes to their positions in EPD. N.E.W. Advisory Services LLC purchased a new stake in shares of Enterprise Products Partners in the second quarter worth about $37,000. HBK Sorce Advisory LLC purchased a new position in Enterprise Products Partners during the 2nd quarter valued at approximately $568,000. Gould Asset Management LLC CA purchased a new position in Enterprise Products Partners during the 2nd quarter valued at approximately $635,000. Flputnam Investment Management Co. bought a new stake in Enterprise Products Partners in the 2nd quarter worth approximately $385,000. Finally, Horizon Investment Services LLC bought a new stake in Enterprise Products Partners in the 2nd quarter worth approximately $209,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Enterprise Products Partners Trading Down 0.1%

Shares of NYSE EPD opened at $38.84 on Monday. Enterprise Products Partners L.P. has a twelve month low of $30.01 and a twelve month high of $40.17. The firm has a market cap of $83.88 billion, a PE ratio of 13.49, a price-to-earnings-growth ratio of 1.30 and a beta of 0.49. The business has a fifty day simple moving average of $37.58 and a two-hundred day simple moving average of $37.37. The company has a quick ratio of 0.66, a current ratio of 0.93 and a debt-to-equity ratio of 1.00.

Enterprise Products Partners (NYSE:EPD – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The oil and gas producer reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.75 by $0.09. The business had revenue of $18.27 billion for the quarter, compared to the consensus estimate of $13.69 billion. Enterprise Products Partners had a return on equity of 20.67% and a net margin of 10.79%.The business’s revenue was up 60.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.66 EPS. Analysts expect that Enterprise Products Partners L.P. will post 2.98 earnings per share for the current fiscal year.

Enterprise Products Partners Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 14th. Shareholders of record on Friday, July 31st were issued a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 5.8%. The ex-dividend date was Friday, July 31st. This is a positive change from Enterprise Products Partners’s previous quarterly dividend of $0.55. Enterprise Products Partners’s dividend payout ratio (DPR) is currently 77.78%.

Analysts Set New Price Targets

A number of research firms recently weighed in on EPD. TD Cowen reissued a “hold” rating and issued a $38.00 target price (down from $39.00) on shares of Enterprise Products Partners in a report on Monday, August 3rd. JPMorgan Chase & Co. upped their price target on shares of Enterprise Products Partners from $41.00 to $42.00 and gave the company a “neutral” rating in a research note on Thursday, July 9th. Wall Street Zen upgraded shares of Enterprise Products Partners from a “buy” rating to a “strong-buy” rating in a report on Sunday. Truist Financial increased their price target 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. Finally, Morgan Stanley set a $40.00 price objective on Enterprise Products Partners and gave the stock an “underweight” rating in a research note on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $39.93.

View Our Latest Report on Enterprise Products Partners

Enterprise Products Partners Profile

(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.