Tema ETFs LLC Purchases 440,228 Shares of Energy Transfer LP $ET

Tema ETFs LLC boosted its holdings in Energy Transfer LP (NYSE:ET) by 47.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 1,366,371 shares of the pipeline company’s stock after buying an additional 440,228 shares during the period. Tema ETFs LLC’s holdings in Energy Transfer were worth $26,125,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Morgan Stanley grew its position in shares of Energy Transfer by 41.6% during the fourth quarter. Morgan Stanley now owns 86,310,272 shares of the pipeline company’s stock worth $1,423,256,000 after purchasing an additional 25,366,594 shares in the last quarter. Alps Advisors Inc. lifted its holdings in Energy Transfer by 8.0% in the 4th quarter. Alps Advisors Inc. now owns 83,843,087 shares of the pipeline company’s stock worth $1,382,573,000 after purchasing an additional 6,192,066 shares in the last quarter. Mizuho Markets Americas LLC purchased a new position in Energy Transfer in the 1st quarter worth approximately $61,760,000. Invesco Ltd. boosted its stake in Energy Transfer by 3.2% in the 3rd quarter. Invesco Ltd. now owns 57,862,666 shares of the pipeline company’s stock worth $992,923,000 after purchasing an additional 1,773,042 shares during the period. Finally, Bank of America Corp DE boosted its stake in Energy Transfer by 5.7% in the 1st quarter. Bank of America Corp DE now owns 30,956,358 shares of the pipeline company’s stock worth $597,458,000 after purchasing an additional 1,656,609 shares during the period. 38.22% of the stock is owned by institutional investors.

Energy Transfer Price Performance

Shares of Energy Transfer stock opened at $20.80 on Wednesday. The stock has a market cap of $71.64 billion, a price-to-earnings ratio of 14.15, a price-to-earnings-growth ratio of 2.02 and a beta of 0.55. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.94 and a current ratio of 1.16. The stock has a 50 day moving average price of $19.68 and a 200-day moving average price of $19.26. Energy Transfer LP has a one year low of $16.18 and a one year high of $20.88.

Energy Transfer (NYSE:ET) last released its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.21. The company had revenue of $34.33 billion for the quarter, compared to analyst estimates of $27.71 billion. Energy Transfer had a return on equity of 11.55% and a net margin of 4.87%.Energy Transfer’s quarterly revenue was up 78.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.32 EPS. Equities analysts expect that Energy Transfer LP will post 1.52 EPS for the current year.

Energy Transfer Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Friday, August 7th will be paid a $0.34 dividend. This is an increase from Energy Transfer’s previous quarterly dividend of $0.34. This represents a $1.36 annualized dividend and a dividend yield of 6.5%. The ex-dividend date of this dividend is Friday, August 7th. Energy Transfer’s payout ratio is currently 92.52%.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. JPMorgan Chase & Co. boosted their target price on shares of Energy Transfer from $22.00 to $24.00 and gave the stock an “overweight” rating in a report on Tuesday, May 12th. UBS Group reaffirmed a “buy” rating on shares of Energy Transfer in a research note on Tuesday, May 12th. Stifel Nicolaus lifted their price target on shares of Energy Transfer from $23.00 to $25.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Raymond James Financial reiterated a “strong-buy” rating on shares of Energy Transfer in a research note on Wednesday, May 6th. Finally, Wall Street Zen raised shares of Energy Transfer from a “hold” rating to a “buy” rating in a report on Saturday. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $23.75.

Insider Buying and Selling at Energy Transfer

In other news, Director James Richard Perry bought 12,359 shares of the stock in a transaction dated Friday, August 7th. The stock was purchased at an average price of $20.23 per share, for a total transaction of $250,022.57. Following the acquisition, the director owned 208,046 shares of the company’s stock, valued at $4,208,770.58. The trade was a 6.32% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 3.28% of the company’s stock.

More Energy Transfer News

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

• Positive Sentiment: Strong operating momentum: Energy Transfer reported second-quarter revenue of $34.33 billion, up 78.4% year over year and well above estimates, while EPS of $0.59 exceeded consensus by $0.21. The company also posted record volumes and raised guidance for a second consecutive time, strengthening expectations for future EBITDA and distributable cash flow growth. Energy Transfer: Expanding In All The Right Places For The AI Revolution
• Positive Sentiment: AI-related demand opportunity: Analysts see ET’s natural-gas pipeline and processing network benefiting from the data-center buildout, with contracted demand and a growing project backlog potentially providing multiyear earnings visibility. Energy Transfer: Expanding In All The Right Places For The AI Revolution
• Positive Sentiment: Income appeal: Recent coverage emphasizes 19 consecutive quarterly distribution increases, approximately 2.2 times distribution coverage and a roughly 6.6% yield. These metrics support the view that ET can continue growing its distribution while retaining cash for expansion. Energy Transfer Keeps Growing Its Dividend and Offers a 6.7% Yield Worth Considering
• Positive Sentiment: Insider confidence: Director James Richard Perry purchased 12,359 shares for approximately $250,023, increasing his direct ownership by 6.32%. Insider buying can provide a favorable signal about management’s view of the stock’s value. Insider Buying: Energy Transfer Director Purchases Stock
• Positive Sentiment: Analyst support: TD Cowen raised its price target to $25 from $24 and maintained a Buy rating. ET’s broader analyst consensus remains Buy, with an average target of $23.75 versus recent trading levels. Energy Transfer analyst coverage
• Neutral Sentiment: Zacks’ growth-stock assessment and additional commentary on future distribution growth reinforce the bullish narrative, but these are primarily opinion- and methodology-based signals rather than new company disclosures. Why Energy Transfer Is a Strong Growth Stock

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.