Cullen Capital Management LLC Has $2.69 Million Position in Energy Transfer LP $ET

Cullen Capital Management LLC lessened its position in Energy Transfer LP (NYSE:ET) by 18.7% during the 3rd quarter, Holdings Channel reports. The firm owned 156,835 shares of the pipeline company’s stock after selling 36,159 shares during the quarter. Cullen Capital Management LLC’s holdings in Energy Transfer were worth $2,691,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Brighton Jones LLC grew its stake in Energy Transfer by 93.4% during the fourth quarter. Brighton Jones LLC now owns 24,530 shares of the pipeline company’s stock worth $481,000 after buying an additional 11,844 shares during the last quarter. AQR Capital Management LLC boosted its holdings in shares of Energy Transfer by 62.8% in the 1st quarter. AQR Capital Management LLC now owns 21,041 shares of the pipeline company’s stock worth $391,000 after acquiring an additional 8,118 shares in the last quarter. DAVENPORT & Co LLC grew its position in Energy Transfer by 1.5% during the 2nd quarter. DAVENPORT & Co LLC now owns 110,838 shares of the pipeline company’s stock worth $2,009,000 after acquiring an additional 1,687 shares during the last quarter. Citizens National Bank Trust Department increased its holdings in Energy Transfer by 25.0% during the 2nd quarter. Citizens National Bank Trust Department now owns 5,000 shares of the pipeline company’s stock valued at $91,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Winthrop Advisory Group LLC raised its position in Energy Transfer by 20.0% in the 2nd quarter. Winthrop Advisory Group LLC now owns 14,985 shares of the pipeline company’s stock valued at $272,000 after purchasing an additional 2,500 shares during the last quarter. Institutional investors own 38.22% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Weiss Ratings restated a “buy (b-)” rating on shares of Energy Transfer in a research note on Wednesday, December 24th. Royal Bank Of Canada upgraded shares of Energy Transfer to a “moderate buy” rating in a research report on Monday, December 15th. UBS Group reiterated a “buy” rating on shares of Energy Transfer in a research report on Wednesday, January 7th. JPMorgan Chase & Co. lowered their price target on shares of Energy Transfer from $22.00 to $21.00 and set an “overweight” rating for the company in a report on Monday, November 24th. Finally, Barclays reaffirmed an “overweight” rating and set a $22.00 price objective (down previously from $25.00) on shares of Energy Transfer in a report on Monday, January 12th. Twelve investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $21.50.

Insider Buying and Selling

In other news, Director Kelcy L. Warren bought 1,000,000 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were bought at an average cost of $16.95 per share, for a total transaction of $16,950,000.00. Following the completion of the acquisition, the director owned 104,577,803 shares in the company, valued at approximately $1,772,593,760.85. This trade represents a 0.97% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 3.28% of the company’s stock.

Energy Transfer Stock Down 0.1%

Shares of Energy Transfer stock opened at $18.39 on Thursday. Energy Transfer LP has a 12 month low of $14.60 and a 12 month high of $21.07. The business has a fifty day simple moving average of $17.00 and a 200 day simple moving average of $17.10. The company has a quick ratio of 1.14, a current ratio of 1.41 and a debt-to-equity ratio of 1.50. The stock has a market cap of $63.14 billion, a PE ratio of 14.71, a price-to-earnings-growth ratio of 0.95 and a beta of 0.66.

Energy Transfer (NYSE:ET) last posted its earnings results on Wednesday, November 5th. The pipeline company reported $0.28 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.06). The company had revenue of $19.95 billion for the quarter, compared to analyst estimates of $21.84 billion. Energy Transfer had a return on equity of 10.71% and a net margin of 5.66%.Energy Transfer’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.32 earnings per share. Research analysts predict that Energy Transfer LP will post 1.46 EPS for the current year.

Energy Transfer Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Friday, February 6th will be issued a dividend of $0.335 per share. This is an increase from Energy Transfer’s previous quarterly dividend of $0.33. This represents a $1.34 dividend on an annualized basis and a yield of 7.3%. The ex-dividend date is Friday, February 6th. Energy Transfer’s dividend payout ratio is presently 106.40%.

Key Headlines Impacting Energy Transfer

Here are the key news stories impacting Energy Transfer this week:

• Positive Sentiment: US Capital Advisors raised EPS forecasts across multiple quarters and lifted FY2026 and FY2025 estimates, signaling improved analyst expectations for ET’s earnings power and supporting valuation. (Upgrades include Q1–Q4 2026 and FY2026/FY2025 increases.)
• Positive Sentiment: Company growth activity: reporting of new pipeline deals and capacity expansions that should bolster fee-based revenue and distribution coverage over time. Energy Transfer (ET) Expands Pipeline Power with New Deals
• Positive Sentiment: Income focus: coverage highlights a distribution increase and planned pipeline spending which support the company’s yield story and may attract income-oriented investors. Energy Transfer Leans Into Income Growth With Distribution Hike And Pipeline Spend
• Neutral Sentiment: Industry context — analysts note ET is one of the pipeline MLPs holding up despite upstream capital-spend headwinds; that supports relative defensive positioning but industry uncertainty remains. 3 Oil Pipeline MLP Stocks Shining Despite Industry Headwinds
• Neutral Sentiment: Analyst/press narrative is shifting — several articles reframe ET as an attractive high-yield, steady-distribution name, which may support demand from income investors but doesn’t eliminate macro/energy-cycle risk. How Recent Analyst Shifts Are Rewriting The Energy Transfer (ET) Investment Story
• Negative Sentiment: Fundamental drag: Energy Transfer’s most recent quarterly report showed an EPS and revenue miss (quarterly EPS and revenue came in below consensus), leaving some execution questions that can cap multiple expansion until growth and margins reaccelerate.

About Energy Transfer

Energy Transfer (NYSE: ET) is a Dallas-based midstream energy company that develops and operates infrastructure for the transportation, storage and processing of hydrocarbons. The company’s operations focus on moving and storing natural gas, natural gas liquids (NGLs), crude oil and refined products through an integrated network of pipelines, terminals, storage facilities and processing plants. Energy Transfer provides core midstream services such as gathering, compression, fractionation, processing, and bulk transportation to support production and downstream supply chains.

Its asset base spans an extensive network across the United States, connecting producing regions, processing centers, petrochemical hubs and coastal and inland markets.