Energy Transfer LP $ET is Miller Howard Investments Inc. NY’s 7th Largest Position

Miller Howard Investments Inc. NY trimmed its stake in shares of Energy Transfer LP (NYSE:ET) by 2.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,229,111 shares of the pipeline company’s stock after selling 122,034 shares during the quarter. Energy Transfer makes up 2.6% of Miller Howard Investments Inc. NY’s investment portfolio, making the stock its 7th largest position. Miller Howard Investments Inc. NY’s holdings in Energy Transfer were worth $86,228,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Financial Life Planners bought a new stake in Energy Transfer in the third quarter valued at approximately $34,000. Core Alternative Capital bought a new position in shares of Energy Transfer in the third quarter worth approximately $46,000. Global Wealth Strategies & Associates grew its holdings in shares of Energy Transfer by 196.4% in the fourth quarter. Global Wealth Strategies & Associates now owns 2,964 shares of the pipeline company’s stock worth $49,000 after purchasing an additional 1,964 shares during the last quarter. Golden State Wealth Management LLC increased its stake in shares of Energy Transfer by 38.9% in the third quarter. Golden State Wealth Management LLC now owns 2,918 shares of the pipeline company’s stock worth $50,000 after buying an additional 817 shares during the period. Finally, Clearstead Trust LLC purchased a new position in shares of Energy Transfer in the third quarter worth $50,000. 38.22% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Energy Transfer

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

• Positive Sentiment: Near‑term demand boost and dividend focus — Seeking Alpha argues Energy Transfer benefits from Iran conflict disruptions (higher U.S. NGL export demand and transport volumes) while its fee‑based business model and expansion projects underpin dividend growth and steady cash flow. Seeking Alpha: Energy Transfer: Energy Price Fluctuations Are Noisy, Dividend Is The Signal
• Positive Sentiment: Buying case highlighted — The Motley Fool notes the stock trading under $20 may be a time to buy given existing large deals and pipeline of projects that could drive cash flow and support the payout. The Fool: The Clock May Be Ticking on Energy Transfer Stock Trading Under $20
• Positive Sentiment: Income investor interest — Articles rounding up high‑yield dividend ideas (Barchart, 247WallSt) repeatedly include ET as a yield play, which can support demand from income-focused funds and retail buyers. Barchart: 3 Dividend Stocks Yielding Over 7% 247WallSt: The $40,000 Dividend Raise Hiding in These Four Tickers
• Neutral Sentiment: Trending attention but no new catalyst — Zacks/Yahoo pieces note the stock is trending among readers and recap fundamentals (yield, growth outlook) without adding fresh company‑specific news; useful for sentiment gauge but not a standalone catalyst. Zacks: Here is What to Know Beyond Why Energy Transfer LP (ET) is a Trending Stock Yahoo: Here is What to Know Beyond Why Energy Transfer LP (ET) is a Trending Stock
• Neutral Sentiment: Ticker confusion risk — A recent Yahoo item about Evertz Technologies (TSX:ET) is unrelated but can create ticker confusion among scanners; not relevant to Energy Transfer’s fundamentals. Yahoo: How The Evertz Technologies (TSX:ET) Investment Story Is Shifting
• Negative Sentiment: Mixed fundamentals weigh — ET’s most recent quarter showed a revenue beat but an EPS miss, and trading volume today is below average; that mixed earnings signal plus modest volatility can keep the stock from rallying despite yield appeal. (Background quarterly results and valuation metrics referenced.)

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on ET shares. UBS Group reissued a “buy” rating on shares of Energy Transfer in a research report on Wednesday, January 7th. TD Cowen boosted their price objective on shares of Energy Transfer from $20.00 to $21.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Truist Financial assumed coverage on shares of Energy Transfer in a research note on Tuesday, March 24th. They set a “buy” rating and a $23.00 price objective for the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Energy Transfer in a report on Wednesday, December 24th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Energy Transfer in a research note on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $21.60.

Energy Transfer Stock Performance

Energy Transfer stock opened at $18.85 on Monday. Energy Transfer LP has a fifty-two week low of $15.80 and a fifty-two week high of $19.85. The stock’s 50 day simple moving average is $18.85 and its two-hundred day simple moving average is $17.58. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.90 and a current ratio of 1.22. The stock has a market cap of $64.83 billion, a price-to-earnings ratio of 15.57, a PEG ratio of 1.05 and a beta of 0.62.

Energy Transfer (NYSE:ET) last announced its earnings results on Tuesday, February 17th. The pipeline company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.09). Energy Transfer had a return on equity of 10.17% and a net margin of 5.11%.The firm had revenue of $25.32 billion during the quarter, compared to the consensus estimate of $23.56 billion. During the same period in the prior year, the company posted $0.29 EPS. The firm’s revenue was up 29.6% on a year-over-year basis. As a group, analysts expect that Energy Transfer LP will post 1.46 earnings per share for the current fiscal year.

Energy Transfer Increases Dividend

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

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.