Brokerages Set Energy Transfer LP (NYSE:ET) PT at $24.17

Shares of Energy Transfer LP (NYSE:ET) have earned a consensus rating of “Buy” from the fifteen research firms that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $24.1667.

ET has been the topic of several research analyst reports. Jefferies Financial Group reissued a “buy” rating on shares of Energy Transfer in a report on Wednesday, August 5th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $23.00 target price (up from $21.00) on shares of Energy Transfer in a research note on Tuesday, July 21st. Barclays reaffirmed an “overweight” rating and set a $24.00 target price (up from $23.00) on shares of Energy Transfer in a research note on Wednesday, August 5th. TD Cowen reiterated a “buy” rating and set a $25.00 target price (up from $24.00) on shares of Energy Transfer in a research report on Monday, August 10th. Finally, Wall Street Zen raised shares of Energy Transfer from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th.

Insider Activity

In related news, Director James Perry purchased 12,359 shares of Energy Transfer stock in a transaction that occurred on 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 transaction, the director directly owned 208,046 shares in the company, valued at approximately $4,208,770.58. This trade represents a 6.32% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Kelcy L. Warren purchased 647,968 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The stock was bought at an average cost of $21.26 per share, for a total transaction of $13,775,799.68. Following the completion of the purchase, the director directly owned 147,901,879 shares in the company, valued at $3,144,393,947.54. This represents a 0.44% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders bought 1,012,359 shares of company stock worth $21,513,543. Company insiders own 3.28% of the company’s stock.

Hedge Funds Weigh In On Energy Transfer

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bullseye Investment Management LLC purchased a new stake in shares of Energy Transfer during the second quarter worth approximately $42,000. Talon Private Wealth LLC raised its stake in Energy Transfer by 1.7% in the 2nd quarter. Talon Private Wealth LLC now owns 53,343 shares of the pipeline company’s stock valued at $1,020,000 after purchasing an additional 888 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in Energy Transfer by 6.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 78,368 shares of the pipeline company’s stock valued at $1,498,000 after purchasing an additional 4,491 shares in the last quarter. Tidal Investments LLC lifted its holdings in Energy Transfer by 56.7% in the 2nd quarter. Tidal Investments LLC now owns 1,611,509 shares of the pipeline company’s stock valued at $30,812,000 after purchasing an additional 583,196 shares in the last quarter. Finally, M.E. Allison & CO. Inc. lifted its holdings in Energy Transfer by 3.4% in the 2nd quarter. M.E. Allison & CO. Inc. now owns 25,535 shares of the pipeline company’s stock valued at $488,000 after purchasing an additional 843 shares in the last quarter. Hedge funds and other institutional investors own 38.22% of the company’s stock.

Energy Transfer Trading Down 1.0%

Shares of Energy Transfer stock opened at $21.11 on Thursday. The firm has a 50-day simple moving average of $20.80 and a two-hundred day simple moving average of $19.80. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.94 and a current ratio of 1.16. Energy Transfer has a fifty-two week low of $16.18 and a fifty-two week high of $21.84. The company has a market cap of $72.68 billion, a P/E ratio of 14.36, a price-to-earnings-growth ratio of 0.71 and a beta of 0.57.

Energy Transfer (NYSE:ET) last posted its earnings results on Tuesday, August 4th. The pipeline company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.21. The firm had revenue of $34.33 billion for the quarter, compared to analysts’ expectations of $27.71 billion. Energy Transfer had a return on equity of 11.55% and a net margin of 4.87%.The company’s quarterly revenue was up 78.4% on a year-over-year basis. During the same period last year, the firm earned $0.32 EPS. As a group, equities analysts predict that Energy Transfer will post 1.74 earnings per share for the current fiscal year.

Energy Transfer Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders of record on Friday, August 7th were issued a dividend of $0.34 per share. The ex-dividend date of this dividend was Friday, August 7th. This is a positive change from Energy Transfer’s previous quarterly dividend of $0.34. This represents a $1.36 annualized dividend and a yield of 6.4%. Energy Transfer’s payout ratio is 92.52%.

Energy Transfer News Roundup

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

• Positive Sentiment: Stifel resumed coverage of Energy Transfer with a favorable view, citing strong U.S. natural-gas demand and pipeline opportunities linked to data-center power consumption. The endorsement adds Wall Street support after ET’s strong year-to-date performance. Energy Transfer’s Strong 2026 Run Gets a Fresh Vote from Stifel
• Positive Sentiment: Recent analyst commentary highlights strong operating momentum: second-quarter adjusted EBITDA reportedly increased more than 30% to approximately $5.1 billion, distributable cash flow rose 32%, and management raised full-year adjusted EBITDA guidance to roughly $18.8 billion-$19.1 billion. Distribution coverage of about 220% and continued distribution increases support the stock’s 6%-plus yield appeal. Energy Transfer: Huge Macro Winner, Big Yield, Growing Dividend
• Positive Sentiment: Scotiabank raised its fiscal 2026 EPS estimate for Energy Transfer to $1.65 from $1.44 and its fiscal 2027 forecast to $1.65 from $1.50, reflecting improving expectations for earnings growth. Scotiabank estimate revisions
• Neutral Sentiment: Several articles characterize ET as an attractive value and income investment, citing its fee-based pipeline model, growth projects, distribution yield, and relatively modest valuation. These are supportive longer-term themes but may already be reflected in the stock after its recent rally. Energy Transfer: Keep Adding to Your Position at All-Time Highs
• Negative Sentiment: The shares fell more than the broader market in the latest session. With ET trading near its 52-week high following a substantial 2026 advance, investors may be locking in gains or awaiting a fresh catalyst. The reports did not identify a new operational or financial problem. Energy Transfer Falls More Steeply Than Broader Market

Energy Transfer Company Profile

Energy Transfer LP (NYSE: ET) is a diversified midstream energy partnership that owns and operates infrastructure used to transport, store, process and market energy commodities. Its assets support the movement of natural gas, crude oil, natural gas liquids (NGLs), refined products and other hydrocarbon-based materials.

The company’s operations include natural gas gathering and processing, interstate and intrastate pipeline transportation, NGL fractionation and storage, crude oil and refined products transportation, and terminal services.