Enterprise Products Partners L.P. $EPD Stock Holdings Lessened by Heronetta Management L.P.

Posted by Brian Himes on May 12th, 2026

Heronetta Management L.P. decreased its position in Enterprise Products Partners L.P. (NYSE:EPD – Free Report) by 9.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 496,448 shares of the oil and gas producer’s stock after selling 52,800 shares during the quarter. Enterprise Products Partners makes up 10.5% of Heronetta Management L.P.’s investment portfolio, making the stock its 2nd largest position. Heronetta Management L.P.’s holdings in Enterprise Products Partners were worth $15,916,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. PMV Capital Advisers LLC purchased a new position in shares of Enterprise Products Partners in the fourth quarter valued at about $25,000. Palisade Asset Management LLC purchased a new position in shares of Enterprise Products Partners during the third quarter valued at about $31,000. Texas Capital Bancshares Inc TX purchased a new position in shares of Enterprise Products Partners during the third quarter valued at about $32,000. Abich Financial Wealth Management LLC purchased a new position in shares of Enterprise Products Partners during the third quarter valued at about $32,000. Finally, Daytona Street Capital LLC purchased a new position in shares of Enterprise Products Partners during the fourth quarter valued at about $42,000. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Wells Fargo & Company upgraded shares of Enterprise Products Partners from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $40.00 to $42.00 in a research report on Wednesday, March 25th. JPMorgan Chase & Co. boosted their price target on shares of Enterprise Products Partners from $35.00 to $39.00 and gave the company a “neutral” rating in a research report on Tuesday, March 10th. Scotiabank boosted their price target on shares of Enterprise Products Partners from $37.00 to $39.00 and gave the company a “sector perform” rating in a research report on Tuesday, March 17th. Morgan Stanley reiterated an “underweight” rating and set a $42.00 price target on shares of Enterprise Products Partners in a research report on Tuesday, April 14th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Enterprise Products Partners in a research report on Thursday, January 22nd. Nine equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $38.93.

View Our Latest Stock Analysis on Enterprise Products Partners

Insider Buying and Selling

In other Enterprise Products Partners news, CEO Aj Teague acquired 2,665 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The shares were acquired at an average price of $37.55 per share, with a total value of $100,070.75. Following the completion of the purchase, the chief executive officer directly owned 77,576 shares of the company’s stock, valued at approximately $2,912,978.80. The trade was a 3.56% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 32.60% of the stock is owned by insiders.

Enterprise Products Partners Trading Up 2.0%

NYSE:EPD opened at $37.95 on Tuesday. Enterprise Products Partners L.P. has a one year low of $30.01 and a one year high of $39.74. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.04 and a quick ratio of 0.74. The company’s 50-day simple moving average is $37.67 and its 200 day simple moving average is $34.52. The firm has a market capitalization of $82.03 billion, a P/E ratio of 14.05, a PEG ratio of 1.40 and a beta of 0.52.

Enterprise Products Partners (NYSE:EPD – Get Free Report) last posted its quarterly earnings data on Monday, April 27th. The oil and gas producer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.03). Enterprise Products Partners had a return on equity of 19.56% and a net margin of 11.45%.The business had revenue of $14.39 billion for the quarter, compared to the consensus estimate of $13.62 billion. During the same period in the previous year, the firm earned $0.64 EPS. The company’s revenue was down 6.7% on a year-over-year basis. As a group, analysts forecast that Enterprise Products Partners L.P. will post 2.92 EPS for the current fiscal year.

Enterprise Products Partners Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 14th. Investors of record on Thursday, April 30th will be paid a dividend of $0.55 per share. The ex-dividend date of this dividend is Thursday, April 30th. This represents a $2.20 annualized dividend and a yield of 5.8%. Enterprise Products Partners’s payout ratio is presently 81.48%.

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.