
Energy Transfer LP (NYSE:ET – Free Report) – Equities researchers at US Capital Advisors boosted their FY2026 earnings estimates for shares of Energy Transfer in a report issued on Thursday, August 20th. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will earn $1.67 per share for the year, up from their prior forecast of $1.39. The consensus estimate for Energy Transfer’s current full-year earnings is $1.66 per share.
A number of other research firms have also recently weighed in on ET. UBS Group restated a “buy” rating on shares of Energy Transfer in a research note on Tuesday, May 12th. Truist Financial upped their price objective on Energy Transfer from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Zacks Research downgraded Energy Transfer from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 11th. Stifel Nicolaus raised their target price on Energy Transfer from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Finally, Citigroup restated a “buy” rating and set a $24.00 target price (up from $23.00) on shares of Energy Transfer in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $24.08.
Energy Transfer Stock Performance
Shares of ET stock opened at $21.09 on Monday. The company has a current ratio of 1.16, a quick ratio of 0.94 and a debt-to-equity ratio of 1.45. The firm has a fifty day moving average price of $20.02 and a 200 day moving average price of $19.45. The company has a market cap of $72.62 billion, a P/E ratio of 14.35, a PEG ratio of 0.74 and a beta of 0.55. Energy Transfer has a 12 month low of $16.18 and a 12 month high of $21.64.
Energy Transfer (NYSE:ET – Get Free Report) last announced its quarterly earnings data 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 company had revenue of $34.33 billion for the quarter, compared to the consensus estimate of $27.71 billion. Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The company’s quarterly revenue was up 78.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.32 EPS.
Energy Transfer Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Friday, August 7th were paid a dividend of $0.34 per share. The ex-dividend date was Friday, August 7th. This represents a $1.36 dividend on an annualized basis and a yield of 6.4%. This is a boost from Energy Transfer’s previous quarterly dividend of $0.34. Energy Transfer’s dividend payout ratio (DPR) is 92.52%.
Insider Buying and Selling
In other news, Director James Richard Perry purchased 12,359 shares of the business’s stock in a transaction on Friday, August 7th. The shares were bought at an average price of $20.23 per share, with a total value of $250,022.57. Following the completion of the transaction, the director directly owned 208,046 shares in the company, valued at approximately $4,208,770.58. This represents a 6.32% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kelcy L. Warren acquired 647,968 shares of Energy Transfer stock in a transaction on Wednesday, August 19th. The stock was purchased at an average price of $21.26 per share, with a total value of $13,775,799.68. Following the purchase, the director owned 147,901,879 shares of the company’s stock, valued at $3,144,393,947.54. The trade was a 0.44% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have purchased a total of 1,012,359 shares of company stock worth $21,513,543 in the last 90 days. 3.28% of the stock is currently owned by company insiders.
Institutional Trading of Energy Transfer
Large investors have recently bought and sold shares of the business. Basepoint Wealth LLC acquired a new position in Energy Transfer in the fourth quarter valued at $25,000. Osbon Capital Management LLC acquired a new stake in shares of Energy Transfer during the second quarter worth about $25,000. Gables Capital Management Inc. boosted its stake in shares of Energy Transfer by 60.0% during the fourth 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 period. Sarver Vrooman Wealth Advisors purchased a new position in shares of Energy Transfer during the fourth quarter worth about $32,000. Finally, Cassaday & Co Wealth Management LLC purchased a new position in shares of Energy Transfer during the first quarter worth about $35,000. 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.
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