Energy Transfer (NYSE:ET) Director Kelcy Warren Buys 352,032 Shares

Energy Transfer LP (NYSE:ET) Director Kelcy Warren purchased 352,032 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was acquired at an average price of $21.27 per share, for a total transaction of $7,487,720.64. Following the acquisition, the director owned 147,253,911 shares in the company, valued at $3,132,090,686.97. This trade represents a 0.24% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Energy Transfer Stock Performance

Shares of ET remained flat at $21.18 during trading hours on Thursday. 7,978,333 shares of the company traded hands, compared to its average volume of 13,324,872. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.16 and a quick ratio of 0.94. The business’s fifty day moving average is $19.89 and its 200-day moving average is $19.39. Energy Transfer LP has a 1 year low of $16.18 and a 1 year high of $21.64. The firm has a market cap of $72.93 billion, a price-to-earnings ratio of 14.41, a price-to-earnings-growth ratio of 0.76 and a beta of 0.55.

Energy Transfer (NYSE:ET) last released its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.38 by $0.21. Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The company had revenue of $34.33 billion for the quarter, compared to analyst estimates of $27.71 billion. During the same quarter last year, the business earned $0.32 earnings per share. The firm’s revenue was up 78.4% on a year-over-year basis. As a group, analysts predict that Energy Transfer LP will post 1.63 EPS for the current fiscal year.

Energy Transfer Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Friday, August 7th were given a dividend of $0.34 per share. This is a boost from Energy Transfer’s previous quarterly dividend of $0.34. The ex-dividend date was Friday, August 7th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.4%. Energy Transfer’s payout ratio is 92.52%.

Analysts Set New Price Targets

ET has been the subject of a number of research reports. Raymond James Financial reissued a “strong-buy” rating on shares of Energy Transfer in a research note on Wednesday, May 6th. Wall Street Zen upgraded Energy Transfer from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Royal Bank Of Canada reiterated an “outperform” rating and set a $23.00 price objective (up from $21.00) on shares of Energy Transfer in a research note on Tuesday, July 21st. Truist Financial increased their target price on Energy Transfer from $23.00 to $25.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Energy Transfer in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $24.08.

Key Headlines Impacting Energy Transfer

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

• Positive Sentiment: Director Kelcy L. Warren purchased a combined 1,000,000 shares of Energy Transfer on August 18 and 19 for approximately $21.3 million. The purchases increased his ownership by roughly 0.68% and bring his holdings to nearly 147.9 million shares, signaling substantial insider confidence. SEC insider ownership filing
• Positive Sentiment: A bullish investment article highlighted Energy Transfer’s 6.3% yield, 32% year-over-year growth in partner-attributable distributable cash flow, 49% first-half conventional free-cash-flow growth and distribution coverage above 2.2 times. The company also raised 2026 EBITDA guidance to $18.8 billion-$19.1 billion, supporting the outlook for income and cash-flow growth. Energy Transfer: Strong Buy With A Path To 7% Yield On Cost
• Positive Sentiment: An analyst upgrade helped propel ET to a new one-year high, reinforcing the recent bullish momentum around the midstream operator. Energy Transfer Reaches New 1-Year High After Analyst Upgrade
• Neutral Sentiment: Commentary remains broadly favorable toward Energy Transfer as a diversified, fee-based pipeline operator with more than 125,000 miles of infrastructure and a substantial contracted project backlog. However, some valuation reviews describe the shares as attractive on traditional multiples but less compelling under broader valuation checks. Energy Transfer Stock Looks Reasonable On Earnings But Stretched On Broader Checks
• Negative Sentiment: Cooler U.S. weather forecasts pressured natural-gas prices by potentially reducing electricity demand for air conditioning. While Energy Transfer’s largely fee-based model limits direct commodity exposure, weaker gas prices can still affect sentiment toward the sector and certain growth opportunities. Cooler US Weather Forecasts Weigh on Nat-Gas Prices

Hedge Funds Weigh In On Energy Transfer

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ET. Osbon Capital Management LLC purchased a new stake in shares of Energy Transfer in the second quarter valued at about $25,000. Basepoint Wealth LLC purchased a new stake in shares of Energy Transfer in the 4th quarter valued at approximately $25,000. Gables Capital Management Inc. increased its holdings in shares of Energy Transfer by 60.0% during the 4th quarter. Gables Capital Management Inc. now owns 1,600 shares of the pipeline company’s stock worth $26,000 after buying an additional 600 shares during the last quarter. Cassaday & Co Wealth Management LLC acquired a new stake in shares of Energy Transfer during the 1st quarter worth approximately $35,000. Finally, Sarver Vrooman Wealth Advisors purchased a new stake in shares of Energy Transfer during the 4th quarter valued at approximately $32,000. Institutional investors and hedge funds own 38.22% of the company’s 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.