Research Analysts’ Weekly Ratings Changes for Energy Transfer (ET)

Energy Transfer (NYSE: ET) recently received a number of ratings updates from brokerages and research firms:

• 5/7/2026 – Energy Transfer had its “buy” rating reaffirmed by Citigroup Inc..
• 5/6/2026 – Energy Transfer had its “strong-buy” rating reaffirmed by Raymond James Financial, Inc..
• 5/6/2026 – Energy Transfer had its “hold” rating reaffirmed by Jefferies Financial Group Inc..
• 5/6/2026 – Energy Transfer had its price target raised by Stifel Nicolaus from $23.00 to $25.00. They now have a “buy” rating on the stock.
• 3/24/2026 – Energy Transfer is now covered by Truist Financial Corporation. They set a “buy” rating and a $23.00 price target on the stock.
• 3/23/2026 – Energy Transfer was upgraded by Truist Financial Corporation to “strong-buy”.
• 3/13/2026 – Energy Transfer had its price target raised by Wells Fargo & Company from $23.00 to $25.00. They now have an “overweight” rating on the stock.
• 3/10/2026 – Energy Transfer had its price target raised by Morgan Stanley from $19.00 to $21.00. They now have an “equal weight” rating on the stock.

Energy Transfer Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Friday, May 8th will be given a $0.3375 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $1.35 dividend on an annualized basis and a dividend yield of 6.8%. This is a boost from Energy Transfer’s previous quarterly dividend of $0.34. Energy Transfer’s payout ratio is currently 112.50%.

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.