Enterprise Products Partners (NYSE:EPD) Upgraded to "Overweight" at Wells Fargo & Company

Key Points

• Wells Fargo upgraded Enterprise Products Partners to an "Overweight" rating with a $42.00 price target, implying roughly a 9.6% upside from the stock's current level.
• EPD reported a quarterly EPS beat of $0.75 versus $0.69 expected and revenue of $13.79 billion (above $12.44 billion consensus), reflecting stronger-than-expected results.
• Company insiders increased holdings—Director John Rutherford bought 15,000 shares and CEO Aj Teague bought 2,665 shares—and insiders now own about 32.6% of the stock, signaling management confidence.

Enterprise Products Partners (NYSE:EPD - Get Free Report) was upgraded by Wells Fargo & Company from an "equal weight" rating to an "overweight" rating in a research note issued to investors on Wednesday,Finviz reports. The firm currently has a $42.00 target price on the oil and gas producer's stock. Wells Fargo & Company's price objective would indicate a potential upside of 9.55% from the stock's current price.

EPD has been the subject of several other reports. Raymond James Financial downgraded Enterprise Products Partners from a "strong-buy" rating to an "outperform" rating and set a $36.00 price target for the company. in a research note on Monday, January 5th. The Goldman Sachs Group restated a "neutral" rating and issued a $32.00 price target on shares of Enterprise Products Partners in a research note on Friday, December 19th. TD Cowen lifted their price objective on shares of Enterprise Products Partners from $33.00 to $34.00 and gave the stock a "hold" rating in a research note on Wednesday, February 4th. Weiss Ratings reissued a "buy (b)" rating on shares of Enterprise Products Partners in a report on Thursday, January 22nd. Finally, Wolfe Research cut shares of Enterprise Products Partners from a "peer perform" rating to an "underperform" rating and set a $31.00 target price on the stock. in a report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, Enterprise Products Partners has a consensus rating of "Moderate Buy" and a consensus price target of $37.20.

Enterprise Products Partners Price Performance

NYSE:EPD opened at $38.34 on Wednesday. The company has a market cap of $82.88 billion, a P/E ratio of 14.41, a P/E/G ratio of 1.52 and a beta of 0.59. The firm's fifty day moving average price is $35.57 and its two-hundred day moving average price is $33.05. Enterprise Products Partners has a one year low of $27.77 and a one year high of $38.74. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.04 and a quick ratio of 0.74.

Enterprise Products Partners (NYSE:EPD - Get Free Report) last posted its earnings results on Monday, February 2nd. The oil and gas producer reported $0.75 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.69 by $0.06. Enterprise Products Partners had a net margin of 11.05% and a return on equity of 19.33%. The company had revenue of $13.79 billion during the quarter, compared to analysts' expectations of $12.44 billion. During the same quarter last year, the company posted $0.74 EPS. Enterprise Products Partners's quarterly revenue was down 2.9% compared to the same quarter last year. Equities analysts expect that Enterprise Products Partners will post 2.9 earnings per share for the current year.

Insider Buying and Selling

In other news, Director John R. Rutherford purchased 15,000 shares of the company's stock in a transaction dated Monday, December 29th. The stock was bought at an average cost of $32.09 per share, for a total transaction of $481,350.00. Following the purchase, the director owned 173,586 shares of the company's stock, valued at approximately $5,570,374.74. The trade was a 9.46% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Aj Teague acquired 2,665 shares of Enterprise Products Partners stock in a transaction that occurred on Friday, March 20th. The shares were purchased at an average price of $37.55 per share, for a total transaction of $100,070.75. Following the transaction, the chief executive officer directly owned 77,576 shares in the company, valued at $2,912,978.80. The trade was a 3.56% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 32.60% of the company's stock.

Hedge Funds Weigh In On Enterprise Products Partners

Large investors have recently bought and sold shares of the company. Brighton Jones LLC raised its holdings in Enterprise Products Partners by 19.9% in the 4th quarter. Brighton Jones LLC now owns 32,620 shares of the oil and gas producer's stock valued at $1,023,000 after buying an additional 5,425 shares during the last quarter. Schnieders Capital Management LLC. grew its holdings in Enterprise Products Partners by 9.3% during the 2nd quarter. Schnieders Capital Management LLC. now owns 58,918 shares of the oil and gas producer's stock worth $1,827,000 after acquiring an additional 5,000 shares during the last quarter. Geode Capital Management LLC increased its position in Enterprise Products Partners by 6.2% in the 2nd quarter. Geode Capital Management LLC now owns 63,702 shares of the oil and gas producer's stock valued at $1,975,000 after acquiring an additional 3,742 shares during the period. Global Retirement Partners LLC acquired a new position in Enterprise Products Partners in the 2nd quarter valued at approximately $2,155,000. Finally, Jefferies Financial Group Inc. raised its stake in shares of Enterprise Products Partners by 23.0% during the second quarter. Jefferies Financial Group Inc. now owns 12,711 shares of the oil and gas producer's stock valued at $394,000 after acquiring an additional 2,373 shares during the last quarter. 26.07% of the stock is currently owned by institutional investors.

Key Stories Impacting Enterprise Products Partners

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

• Positive Sentiment: CEO insider buy — CEO Aj Teague purchased 2,665 shares (~$37.55 average), increasing his stake; insider purchases often signal management confidence and can support the stock. Insider Buy
• Positive Sentiment: Analyst EPS upgrades — US Capital Advisors raised several forecasts (notably FY2026 and FY2027 EPS), and lifted Q4 2026 and Q1 2026 views, implying modestly stronger forward earnings expectations that support valuation. US Capital Advisors Notes
• Positive Sentiment: Short interest fell materially — short interest dropped ~18.5% to ~17.4M shares (about 1.2% of float), reducing potential short-pressure and squeeze risk and removing a bearish technical overhang. Data
• Positive Sentiment: Positive media/support — high-profile endorsement: Jim Cramer called EPD one of the best-run pipeline businesses, which can attract retail flows and bolster sentiment. Cramer Commentary
• Neutral Sentiment: Broader coverage and lists — EPD was included in several thematic lists and valuation write-ups highlighting steady total returns and dividend yield; these drive attention but are not immediate catalysts. Valuation Piece
• Negative Sentiment: Truist initiates coverage with a "Hold" and $36 price target — the new coverage sets a PT below recent levels (~6% implied downside to the prior reference price), which could cap near-term upside and influence institutional positioning. Truist Initiates

About Enterprise Products Partners

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.

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