{
}
Townsquare Capital LLC increased its holdings in Enterprise Products Partners by 35% in Q3, now owning 23,920 shares valued at $696,000. Cynosure Group LLC also entered a new position worth approximately $358,000, while Glenmede Trust Co. NA raised its stake by 9.7%, owning 735,233 shares valued at $21.4 million. Analysts maintain a "Moderate Buy" rating for the stock, with a price target increase from JPMorgan Chase & Co. to $38.00, indicating potential upside.
UBS analyst Brian Reynolds has reaffirmed a Buy rating for Enterprise Products Partners, maintaining a $40 price target as the stock trades at $33.50. Despite a slight reduction in the first-quarter 2025 EBITDA forecast to $2,589 million due to mechanical issues and increased Waha prices, the company continues to show strong financial health with a 6.35% dividend yield and a 27-year streak of dividend increases. Citi analysts have also raised their target to $37, citing the potential for over $1 billion in excess cash flow by 2026, bolstered by strategic growth projects.
UBS analyst Brian Reynolds has reiterated a Buy rating for Enterprise Products Partners, maintaining a price target of $40, while the stock currently trades at $33.50. Despite a downward adjustment in Q1 2025 EBITDA forecasts to $2,589 million due to mechanical issues and increased Waha prices, the company continues to show strong financial health with a 6.35% dividend yield and 27 consecutive years of dividend increases. Citi analysts have also raised their price target to $37, citing the company's robust fourth quarter performance and potential for significant cash flow generation by 2026.
Top Wall Street analysts are recommending dividend-paying energy stocks, highlighting Chevron, Energy Transfer, and Enterprise Products Partners for their attractive yields and strong financial performance. Chevron reported a quarterly dividend of $1.63 per share, while Energy Transfer and Enterprise Products Partners offer yields of 6.8% and 6.4%, respectively. Analysts emphasize the companies' solid capital returns, growth potential, and effective cost management strategies, making them appealing options for investors seeking income and diversification.
Enterprise Products Partners L.P.
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
institutional investors increase stakes in enterprise products partners amid positive market outlook
15:35 27.03.2025
ubs maintains buy rating on enterprise products with 40 dollar target
21:29 25.03.2025
ubs maintains buy rating on enterprise products with price target of 40 dollars
21:11 25.03.2025
Top Analysts Recommend Dividend Stocks for Strong Returns in Energy Sector
United States Dollar
Chevron Corp
Enterprise Products Partners L.P.
Energy Transfer LP
USA
Neil Mehta
Jeremy Tonet
Show more
13:10 08.12.2024
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
CEO Changes
Industry Mergers & Acquisitions
Central Bank Actions
Global Trade Developments
GDP Growth & Recession Forecasts
Financial Scams and Security
Market Analysis and Predictions
Inflation and Monetary Impact
Government Policies
Government Economic Policies
Workplace Trends
Startups & Entrepreneurship
Supply Chain Management
Countries:
Companies:
The Goldman Sachs Group, Inc.
JPMorgan Chase & Co.
Tesla, Inc.
Apple Inc.
Barclays PLC
Bank of America Corporation
Wells Fargo & Company
Citigroup Inc.
Deutsche Bank Money Market PP
Morgan Stanley
Huawei Technologies CO. Ltd.
Lloyds Banking Group plc
Credit Suisse Lux Digital Healt
Microsoft Corporation
UBS Group AG
Amazon.com, Inc.
Banco Santander, S.A.
Credit Suisse Strategic Income I
BNP Paribas SA
NVIDIA Corporation
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Japanese Yen
Indian Rupee
Russian Ruble
Australian Dollar
Canadian Dollar
United Arab Emirates Dirham
Indonesian Rupiah
Saudi Riyal
South Korean Won
Danish Krone
Offshore Chinese Yuan
Turkish Lira
Hong Kong Dollar
Mexican Peso
Malaysian Ringgit
People: