Enterprise Products Partners L.P. $EPD Shares Newly Acquired by Sanders Morris Harris LLC

Posted by Stanley Muller on Oct 14th, 2026

Sanders Morris Harris LLC purchased a new position in shares of Enterprise Products Partners L.P. (NYSE:EPD – Free Report) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 763,555 shares of the oil and gas producer’s stock, valued at approximately $28,050,000. Enterprise Products Partners accounts for about 3.7% of Sanders Morris Harris LLC’s investment portfolio, making the stock its 5th biggest position.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EPD. RFG Advisory LLC lifted its stake in shares of Enterprise Products Partners by 1.3% in the 2nd quarter. RFG Advisory LLC now owns 21,636 shares of the oil and gas producer’s stock valued at $795,000 after purchasing an additional 268 shares in the last quarter. Sigma Planning Corp boosted its stake in shares of Enterprise Products Partners by 0.8% during the 2nd quarter. Sigma Planning Corp now owns 35,270 shares of the oil and gas producer’s stock valued at $1,297,000 after buying an additional 270 shares during the last quarter. Everest Financial Group LLC boosted its stake in Enterprise Products Partners by 3.6% during the 1st quarter. Everest Financial Group LLC now owns 7,886 shares of the oil and gas producer’s stock valued at $298,000 after acquiring an additional 271 shares during the last quarter. Renasant Bank raised its stake in shares of Enterprise Products Partners by 1.3% in the 2nd quarter. Renasant Bank now owns 21,160 shares of the oil and gas producer’s stock valued at $778,000 after purchasing an additional 271 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its stake in Enterprise Products Partners by 0.4% in the third quarter. Farther Finance Advisors LLC now owns 75,188 shares of the oil and gas producer’s stock worth $2,677,000 after purchasing an additional 272 shares in the last quarter. Hedge funds and other institutional investors own 26.07% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Weiss Ratings lowered Enterprise Products Partners from a “buy (a-)” rating to a “buy (b)” rating in a research report on Friday, October 2nd. Melius Research started coverage on Enterprise Products Partners in a report on Tuesday, September 22nd. They set a “hold” rating and a $42.00 target price for the company. TD Cowen restated a “hold” rating and set a $38.00 price objective (down from $39.00) on shares of Enterprise Products Partners in a research report on Monday, August 3rd. UBS Group reissued a “buy” rating and set a $45.00 target price (up from $38.00) on shares of Enterprise Products Partners in a research note on Wednesday, June 17th. Finally, Stifel Nicolaus assumed coverage on Enterprise Products Partners in a research note on Thursday, September 10th. They set a “hold” rating and a $40.00 target price on the stock. Seven investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Enterprise Products Partners presently has an average rating of “Hold” and a consensus target price of $40.12.

Get Our Latest Stock Analysis on Enterprise Products Partners

Enterprise Products Partners Price Performance

Enterprise Products Partners stock traded down $0.21 during mid-day trading on Wednesday, hitting $35.83. The company’s stock had a trading volume of 6,320,209 shares, compared to its average volume of 3,883,300. The stock has a market capitalization of $77.37 billion, a P/E ratio of 12.44, a P/E/G ratio of 1.32 and a beta of 0.50. Enterprise Products Partners L.P. has a twelve month low of $30.01 and a twelve month high of $40.17. The stock’s fifty day moving average price is $37.98 and its two-hundred day moving average price is $37.88. 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 released its quarterly earnings results on Wednesday, July 29th. The oil and gas producer reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.09. Enterprise Products Partners had a return on equity of 20.67% and a net margin of 10.79%. The business had revenue of $18.27 billion during the quarter, compared to analyst estimates of $13.69 billion. During the same quarter last year, the company posted $0.66 EPS. Enterprise Products Partners’s revenue for the quarter was up 60.8% on a year-over-year basis. Research analysts forecast that Enterprise Products Partners L.P. will post 3.02 earnings per share for the current year.

Enterprise Products Partners Dividend Announcement

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 given a dividend of $0.56 per share. The ex-dividend date of this dividend is Friday, October 30th. This represents a $2.24 dividend on an annualized basis and a yield of 6.3%. Enterprise Products Partners’s dividend payout ratio (DPR) is presently 77.78%.

Enterprise Products Partners Company Profile

(Free Report)

Enterprise Products Partners L.P. is a publicly traded master limited partnership that owns and operates midstream energy infrastructure in the United States. The company transports, stores, processes and exports oil, natural gas, natural gas liquids (NGLs), refined products and petrochemicals.

Its operations include pipelines, natural gas processing plants, NGL fractionation facilities, underground storage, marine terminals and export infrastructure. Enterprise serves producers, refiners, petrochemical manufacturers, utilities and other energy customers by connecting major producing regions with domestic and international markets.

Enterprise Products Partners was founded in 1968 and is headquartered in Houston, Texas.