EPD Stock Nears 52-Week High

Enterprise Products stock is trading -12.15% below its average target price of $32.83 after marking a 1.4% during today's afternoon session. Analysts are giving the Large-Cap Oil & Gas Transportation and Processing company an average rating of buy and target prices ranging from $29.0 to $37.0 per share.

The stock has a very low short interest at 1.3%, and a short ratio of 4.38. The company's insiders own 32.81% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that only a small number of institutional investors are invested in the stock, with 26.5% of Enterprise Products's shares being owned by this investor type.

Institutions Invested in Enterprise Products

Date Reported Holder Percentage Shares Value
2023-12-31 Alps Advisors Inc. 2% 35,382,171 $1,020,421,817
2023-12-31 Marquard & Bahls Ag 1% 22,227,566 $641,043,006
2023-12-31 Blackstone Inc 1% 22,142,273 $638,583,156
2023-12-31 Goldman Sachs Group Inc 1% 22,197,722 $640,182,305
2023-12-31 American Century Companies Inc 1% 19,137,865 $551,936,029
2023-12-31 Invesco Ltd. 1% 18,738,095 $540,406,662
2023-12-31 Morgan Stanley 1% 17,730,349 $511,343,267
2023-12-31 Sarofim, Fayez & Co 1% 17,641,462 $508,779,766
2023-12-31 Blackrock Inc. 1% 16,958,565 $489,085,017
2023-12-31 Neuberger Berman Group, LLC 1% 16,459,787 $474,700,259

Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on Enterprise Products.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.