Enterprise Products Partners L.P. $EPD Position Trimmed by D.A. Davidson & CO.

Posted by Stanley Muller on Oct 30th, 2026

D.A. Davidson & CO. lessened its holdings in Enterprise Products Partners L.P. (NYSE:EPD – Free Report) by 4.2% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 469,139 shares of the oil and gas producer’s stock after selling 20,445 shares during the quarter. D.A. Davidson & CO.’s holdings in Enterprise Products Partners were worth $16,706,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in EPD. Energy Income Partners LLC purchased a new position in shares of Enterprise Products Partners during the second quarter valued at approximately $508,461,000. Bank of America Corp DE bought a new stake in shares of Enterprise Products Partners in the 2nd quarter worth approximately $416,553,000. BlackRock Inc. purchased a new stake in shares of Enterprise Products Partners in the 2nd quarter worth approximately $255,325,000. Berkley W R Corp purchased a new stake in shares of Enterprise Products Partners in the 2nd quarter worth approximately $250,887,000. Finally, Miller Howard Investments Inc. NY grew its stake in shares of Enterprise Products Partners by 4.1% in the 3rd quarter. Miller Howard Investments Inc. NY now owns 3,344,118 shares of the oil and gas producer’s stock worth $119,084,000 after buying an additional 132,227 shares during the last quarter. Institutional investors own 26.07% of the company’s stock.

Enterprise Products Partners News Roundup

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

Positive Sentiment: Solid third-quarter performance: Enterprise reported earnings of $0.75 per share, matching consensus and improving from $0.61 a year earlier. Revenue surged 49.3% year over year to $17.95 billion, well above the $14.98 billion analyst estimate. EBITDA increased 16% to approximately $2.8 billion, reinforcing the company’s operating momentum. Enterprise Products Partners Reports Third-Quarter Earnings
Positive Sentiment: Long-term expansion plans: Management projects 34% growth in Permian wet-gas and natural-gas-liquids volumes through 2030 while advancing a $6.3 billion project backlog. The outlook suggests additional infrastructure and fee-based cash-flow growth. Enterprise Permian and NGL Growth Outlook
Positive Sentiment: Technical and earnings-supportive signals: EPD moved above both its 50-day and 200-day moving averages, indicating improving short- and long-term momentum. US Capital Advisors also slightly raised its FY2027 and FY2028 EPS estimates to $3.14 and $3.43, respectively. EPD Crosses Above 200-Day Moving Average
Neutral Sentiment: Investors continue to view Enterprise as an attractive income and value stock because of its roughly 6% forward yield, diversified midstream assets and fee-based revenue. However, comparisons with other high-yield partnerships highlight the need to monitor capital spending, leverage and payout coverage. Energy Transfer Versus Enterprise Products
Negative Sentiment: Rising interest rates remain a risk because they can increase financing costs, pressure income-oriented valuations and make bonds more competitive with high-yield equities. Broader rate and commodity-market volatility could temper the bullish response.

Enterprise Products Partners Stock Up 2.6%

Shares of Enterprise Products Partners stock opened at $39.03 on Friday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.66 and a current ratio of 0.93. The stock has a market capitalization of $84.29 billion, a PE ratio of 13.55, a price-to-earnings-growth ratio of 1.35 and a beta of 0.50. Enterprise Products Partners L.P. has a 52-week low of $30.02 and a 52-week high of $40.17. The company has a 50-day simple moving average of $37.68 and a two-hundred day simple moving average of $37.22.

Enterprise Products Partners (NYSE:EPD – Get Free Report) last issued its earnings results on Thursday, October 29th. The oil and gas producer reported $0.75 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.75. Enterprise Products Partners had a net margin of 10.79% and a return on equity of 20.67%. The firm had revenue of $17.95 billion for the quarter, compared to the consensus estimate of $14.98 billion. During the same quarter in the prior year, the firm posted $0.61 earnings per share. The business’s revenue was up 49.3% on a year-over-year basis. On average, analysts anticipate that Enterprise Products Partners L.P. will post 3.10 EPS for the current fiscal year.

Enterprise Products Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 30th will be issued a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Friday, October 30th. Enterprise Products Partners’s payout ratio is presently 77.78%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on EPD shares. Stifel Nicolaus started coverage on Enterprise Products Partners in a research report on Thursday, September 10th. They set a “hold” rating and a $40.00 price objective for the company. 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. cut their target price on Enterprise Products Partners from $43.00 to $42.00 and set a “neutral” rating on the stock in a research note on Thursday, October 8th. Morgan Stanley restated an “underweight” rating and set a $41.00 price target (up from $40.00) on shares of Enterprise Products Partners in a report on Tuesday, August 18th. Finally, Wall Street Zen upgraded Enterprise Products Partners from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 17th. Seven analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $40.12.

Get Our Latest Analysis on Enterprise Products Partners

Enterprise Products Partners Company Profile

(Free Report)

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.