Quantinno Capital Management LP increased its position in shares of Energy Transfer LP (NYSE:ET – Free Report) by 9.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 496,002 shares of the pipeline company’s stock after purchasing an additional 43,073 shares during the period. Quantinno Capital Management LP’s holdings in Energy Transfer were worth $9,573,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of the company. Texas Yale Capital Corp. grew its position in Energy Transfer by 6.1% in the fourth quarter. Texas Yale Capital Corp. now owns 1,311,965 shares of the pipeline company’s stock worth $21,634,000 after acquiring an additional 75,700 shares during the period. North Star Investment Management Corp. increased its stake in Energy Transfer by 100.1% during the fourth quarter. North Star Investment Management Corp. now owns 161,523 shares of the pipeline company’s stock worth $2,664,000 after acquiring an additional 80,786 shares during the last quarter. Summit Securities Group LLC raised its position in Energy Transfer by 179.0% in the first quarter. Summit Securities Group LLC now owns 162,100 shares of the pipeline company’s stock valued at $3,129,000 after purchasing an additional 104,000 shares during the period. U.S. Capital Wealth Advisors LLC raised its position in Energy Transfer by 9.1% in the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 1,560,110 shares of the pipeline company’s stock valued at $25,726,000 after purchasing an additional 129,489 shares during the period. Finally, Mizuho Markets Americas LLC acquired a new position in shares of Energy Transfer in the 1st quarter valued at $61,760,000. 38.22% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on the company. Raymond James Financial reiterated a “strong-buy” rating on shares of Energy Transfer in a report on Wednesday, May 6th. Citigroup restated a “buy” rating and issued a $23.00 price objective (up from $22.00) on shares of Energy Transfer in a report on Thursday, May 7th. Jefferies Financial Group raised shares of Energy Transfer from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a research report on Tuesday, May 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Energy Transfer in a research note on Friday, June 5th. Finally, 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 research report on Wednesday, May 6th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Energy Transfer currently has a consensus rating of “Buy” and a consensus target price of $23.50.
Energy Transfer Stock Up 0.5%
Shares of NYSE ET opened at $20.39 on Wednesday. The company has a quick ratio of 0.93, a current ratio of 1.17 and a debt-to-equity ratio of 1.50. The business’s 50 day moving average is $19.57 and its two-hundred day moving average is $19.15. Energy Transfer LP has a 52-week low of $16.18 and a 52-week high of $20.70. The firm has a market cap of $70.15 billion, a price-to-earnings ratio of 16.99, a PEG ratio of 1.16 and a beta of 0.55.
Energy Transfer (NYSE:ET – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.38 by $0.21. Energy Transfer had a return on equity of 9.77% and a net margin of 4.66%.The business had revenue of $34.33 billion during the quarter, compared to analyst estimates of $27.71 billion. During the same period last year, the business posted $0.32 earnings per share. The company’s quarterly revenue was up 78.4% on a year-over-year basis. Research analysts predict that Energy Transfer LP will post 1.44 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. Investors of record on Friday, August 7th will be paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Friday, August 7th. This is a positive change from Energy Transfer’s previous quarterly dividend of $0.34. Energy Transfer’s dividend payout ratio is currently 112.50%.
Energy Transfer News Summary
Here are the key news stories impacting Energy Transfer this week:
- Positive Sentiment: Earnings beat and strong growth: Second-quarter EPS was $0.59, above the $0.38 consensus estimate, while revenue rose 78.4% year over year to $34.33 billion. Net income attributable to partners increased to $2.09 billion from $1.16 billion a year earlier. Energy Transfer quarterly earnings report
- Positive Sentiment: Guidance raised: Energy Transfer increased its 2026 adjusted EBITDA outlook to $18.8 billion-$19.1 billion, signaling confidence in continued operating momentum. Adjusted EBITDA rose 31% year over year to $5.07 billion, while adjusted distributable cash flow increased 32% to $2.59 billion. Energy Transfer earnings and guidance update
- Positive Sentiment: Record volumes support outlook: NGL transportation volumes increased 13%, NGL exports climbed 25% and crude transportation volumes rose 4% from the prior-year quarter. Strong throughput, NGL exports and performance across the partnership’s segments were key drivers of the guidance increase. Energy Transfer Q2 earnings call highlights
- Positive Sentiment: Distribution maintained: Energy Transfer declared a quarterly cash distribution of $0.34 per common unit, or $1.36 annualized, supporting the stock’s income-investment appeal. The partnership expects $5.6 billion-$5.9 billion in 2026 growth capital spending. Energy Transfer second-quarter results
- Negative Sentiment: Sector headwind: Energy stocks declined late in the session, with the NYSE Energy Sector Index down 0.9%, potentially restraining Energy Transfer’s gains despite its company-specific results. Energy sector update
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.
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