Energy Transfer LP $ET Stake Increased by Texas Capital Bank Wealth Management Services Inc

Texas Capital Bank Wealth Management Services Inc lifted its holdings in Energy Transfer LP (NYSE:ET) by 88.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 703,303 shares of the pipeline company’s stock after buying an additional 330,260 shares during the period. Energy Transfer comprises approximately 1.0% of Texas Capital Bank Wealth Management Services Inc’s portfolio, making the stock its 23rd biggest position. Texas Capital Bank Wealth Management Services Inc’s holdings in Energy Transfer were worth $12,069,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of ET. Quantum Private Wealth LLC raised its position in Energy Transfer by 0.5% during the second quarter. Quantum Private Wealth LLC now owns 116,515 shares of the pipeline company’s stock valued at $2,112,000 after buying an additional 627 shares during the period. HBK Sorce Advisory LLC boosted its position in Energy Transfer by 3.4% during the 3rd quarter. HBK Sorce Advisory LLC now owns 19,018 shares of the pipeline company’s stock worth $321,000 after acquiring an additional 628 shares during the period. Magnus Financial Group LLC grew its stake in Energy Transfer by 2.0% during the 3rd quarter. Magnus Financial Group LLC now owns 31,430 shares of the pipeline company’s stock valued at $539,000 after acquiring an additional 629 shares in the last quarter. Perigon Wealth Management LLC grew its stake in Energy Transfer by 1.7% during the 3rd quarter. Perigon Wealth Management LLC now owns 39,585 shares of the pipeline company’s stock valued at $679,000 after acquiring an additional 644 shares in the last quarter. Finally, Veracity Capital LLC increased its holdings in shares of Energy Transfer by 1.9% in the 3rd quarter. Veracity Capital LLC now owns 36,791 shares of the pipeline company’s stock valued at $631,000 after purchasing an additional 689 shares during the period. Hedge funds and other institutional investors own 38.22% of the company’s stock.

Energy Transfer Trading Up 1.2%

Shares of NYSE ET opened at $18.78 on Friday. The business has a 50 day simple moving average of $18.13 and a 200 day simple moving average of $17.30. Energy Transfer LP has a 52 week low of $14.60 and a 52 week high of $19.30. The stock has a market cap of $64.59 billion, a price-to-earnings ratio of 15.52, a PEG ratio of 1.01 and a beta of 0.63. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.90 and a current ratio of 1.22.

Energy Transfer (NYSE:ET) last issued its quarterly earnings data on Tuesday, February 17th. The pipeline company reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.09). The business had revenue of $25.32 billion for the quarter, compared to the consensus estimate of $23.56 billion. Energy Transfer had a net margin of 5.11% and a return on equity of 10.17%. Energy Transfer’s revenue was up 29.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.29 EPS. On average, research analysts predict that Energy Transfer LP will post 1.46 earnings per share for the current fiscal year.

Energy Transfer Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Friday, February 6th were issued a dividend of $0.335 per share. The ex-dividend date was Friday, February 6th. This represents a $1.34 dividend on an annualized basis and a dividend yield of 7.1%. This is an increase from Energy Transfer’s previous quarterly dividend of $0.33. Energy Transfer’s payout ratio is 110.74%.

Analyst Upgrades and Downgrades

ET has been the subject of a number of research analyst reports. Scotiabank reissued an “outperform” rating on shares of Energy Transfer in a research report on Friday, January 16th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Energy Transfer in a research report on Wednesday, December 24th. UBS Group reiterated a “buy” rating on shares of Energy Transfer in a research note on Wednesday, January 7th. Jefferies Financial Group reissued a “hold” rating on shares of Energy Transfer in a research note on Wednesday, February 18th. Finally, Royal Bank Of Canada upgraded shares of Energy Transfer to a “moderate buy” rating in a report on Monday, December 15th. Ten equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $21.60.

Energy Transfer News Summary

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

• Positive Sentiment: Wells Fargo raised its price target to $25 and moved ET to an “overweight” rating, implying roughly 33% upside from current levels — a clear catalyst for buying interest. Article Title
• Positive Sentiment: Morgan Stanley increased its price target to $21, reinforcing the analyst-driven bid into the stock. Article Title
• Positive Sentiment: Market reports note ET is trading up following analyst upgrades, reflecting immediate buying flow tied to the research calls. Article Title
• Positive Sentiment: Macro energy news — oil futures spiking toward $100 on Iran/Strait of Hormuz tensions — is lifting midstream names and ETF interest, which benefits ET’s fee-based transport and storage business. 4 ETFs That Are Worth Buying For $100 Oil
• Positive Sentiment: Investor pieces highlighting ET as a reliable dividend stock and a high-yield pipeline pick are supporting longer-term demand from income-focused buyers. Stock Market Crash: The Best Dividend Stocks to Buy Right Now
• Positive Sentiment: Additional retail coverage lists ET among high-yield pipeline names to buy and hold, reinforcing the narrative of stable cash flow and distribution support. 3 High-Yield Pipeline Stocks to Buy Now and Hold Forever
• Neutral Sentiment: News wires and market summaries reporting recent intraday gains provide confirmation of the move but add little new fundamental information. Article Title
• Neutral Sentiment: Coverage weighing dividend yield scenarios and geopolitical comments from the White House highlights uncertainty about how policy shifts could swing oil and midstream sentiment. Article Title
• Negative Sentiment: The planned U.S. Strategic Petroleum Reserve release (172M barrels) is a potential headwind for oil prices; lower crude could reduce short-term volumes or margin pressure for some midstream segments even though past SPR actions sometimes benefited ET. Monitor how the SPR and supply flows evolve. Prediction: One Surprise Winner Emerges as Strategic Reserves Are Released

Energy Transfer Profile

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.