Northwestern Mutual Wealth Management Co. Buys 45,005 Shares of Energy Transfer LP $ET

Northwestern Mutual Wealth Management Co. grew its stake in Energy Transfer LP (NYSE:ET) by 17.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 299,110 shares of the pipeline company’s stock after acquiring an additional 45,005 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Energy Transfer were worth $4,932,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Moors & Cabot Inc. increased its holdings in Energy Transfer by 1.6% during the fourth quarter. Moors & Cabot Inc. now owns 435,070 shares of the pipeline company’s stock valued at $7,174,000 after buying an additional 6,917 shares during the period. Severin Investments LLC increased its holdings in Energy Transfer by 4.4% during the fourth quarter. Severin Investments LLC now owns 27,439 shares of the pipeline company’s stock valued at $452,000 after buying an additional 1,158 shares during the period. Texas Capital Bank Wealth Management Services Inc increased its holdings in Energy Transfer by 3.9% during the fourth quarter. Texas Capital Bank Wealth Management Services Inc now owns 730,689 shares of the pipeline company’s stock valued at $12,049,000 after buying an additional 27,386 shares during the period. Royal Palms Capital LLC purchased a new position in Energy Transfer during the fourth quarter valued at approximately $2,658,000. Finally, Integrity Alliance LLC. increased its holdings in Energy Transfer by 113.0% during the fourth quarter. Integrity Alliance LLC. now owns 33,691 shares of the pipeline company’s stock valued at $556,000 after buying an additional 17,875 shares during the period. 38.22% of the stock is currently owned by institutional investors.

Trending Headlines about Energy Transfer

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

• Positive Sentiment: US Capital Advisors raised earnings estimates for Energy Transfer across several periods, including FY2026, FY2027 and FY2028, suggesting improving profit expectations and supporting a more constructive view on the stock.
• Positive Sentiment: Analysts now have a consensus “Buy” rating on Energy Transfer LP, indicating Wall Street remains generally favorable on the company’s prospects.
• Positive Sentiment: MarketWatch reported ET outperformed peers on a strong trading day, which can attract momentum investors and signal relative strength in the midstream energy group.
• Neutral Sentiment: Energy Transfer announced the planned retirement of Co-CEO Marshall S. “Ma…” in a June 1 announcement. While leadership changes can matter, the market appears to be treating this as a routine transition for now. Energy Transfer announces planned retirement of Co-CEO McCrea

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ET. UBS Group reissued a “buy” rating on shares of Energy Transfer in a report on Tuesday, May 12th. Stifel Nicolaus lifted their price objective 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. Morgan Stanley lifted their price objective on shares of Energy Transfer from $21.00 to $23.00 and gave the company an “equal weight” rating in a report on Wednesday, May 27th. Scotiabank reissued an “outperform” rating on shares of Energy Transfer in a report on Tuesday, May 12th. Finally, Barclays reissued an “overweight” rating and set a $23.00 price objective (up from $22.00) on shares of Energy Transfer in a report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $23.45.

Energy Transfer Trading Up 0.1%

NYSE ET opened at $19.57 on Thursday. The company has a fifty day simple moving average of $19.46 and a two-hundred day simple moving average of $18.23. The stock has a market cap of $67.33 billion, a P/E ratio of 16.30, a P/E/G ratio of 1.13 and a beta of 0.55. Energy Transfer LP has a 12-month low of $16.18 and a 12-month high of $20.70. The company has a current ratio of 1.17, a quick ratio of 0.93 and a debt-to-equity ratio of 1.50.

Energy Transfer (NYSE:ET) last posted its quarterly earnings results on Tuesday, May 5th. The pipeline company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.05). The company had revenue of $27.77 billion during the quarter, compared to analysts’ expectations of $25.78 billion. Energy Transfer had a return on equity of 9.77% and a net margin of 4.66%.The company’s quarterly revenue was up 32.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.36 EPS. On average, analysts forecast that Energy Transfer LP will post 1.43 earnings per share for the current year.

Energy Transfer Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Friday, May 8th were issued a $0.3375 dividend. This is an increase from Energy Transfer’s previous quarterly dividend of $0.34. This represents a $1.35 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend was Friday, May 8th. Energy Transfer’s dividend payout ratio is 112.50%.

Energy Transfer Company Profile

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.