Energy Transfer LP $ET Stock Position Boosted by Tectonic Advisors LLC

Tectonic Advisors LLC grew its holdings in shares of Energy Transfer LP (NYSEAMERICAN:ET) by 4.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 827,868 shares of the pipeline company’s stock after purchasing an additional 34,343 shares during the period. Tectonic Advisors LLC’s holdings in Energy Transfer were worth $16,367,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Barrett & Company Inc. grew its position in shares of Energy Transfer by 10.7% in the 3rd quarter. Barrett & Company Inc. now owns 12,371 shares of the pipeline company’s stock valued at $245,000 after buying an additional 1,200 shares during the last quarter. Farmers & Merchants Investments Inc. raised its position in shares of Energy Transfer by 4.6% during the third quarter. Farmers & Merchants Investments Inc. now owns 22,546 shares of the pipeline company’s stock worth $446,000 after acquiring an additional 1,000 shares during the last quarter. Rahlfs Capital LLC raised its position in shares of Energy Transfer by 2.1% during the third quarter. Rahlfs Capital LLC now owns 59,475 shares of the pipeline company’s stock worth $1,176,000 after acquiring an additional 1,250 shares during the last quarter. Capital Investment Advisors LLC lifted its stake in shares of Energy Transfer by 1.7% in the third quarter. Capital Investment Advisors LLC now owns 381,773 shares of the pipeline company’s stock worth $7,548,000 after acquiring an additional 6,564 shares during the period. Finally, BIP Wealth LLC lifted its stake in shares of Energy Transfer by 14.6% in the third quarter. BIP Wealth LLC now owns 48,201 shares of the pipeline company’s stock worth $953,000 after acquiring an additional 6,132 shares during the period. Institutional investors and hedge funds own 38.22% of the company’s stock.

Insider Buying and Selling at Energy Transfer

In related news, Director James Perry purchased 12,359 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was purchased at an average cost of $20.23 per share, with a total value of $250,022.57. Following the completion of the purchase, the director owned 208,046 shares in the company, valued at approximately $4,208,770.58. This trade represents a 6.32% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kelcy L. Warren acquired 647,968 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were bought at an average price of $21.26 per share, for a total transaction of $13,775,799.68. Following the acquisition, the director directly owned 147,901,879 shares of the company’s stock, valued at approximately $3,144,393,947.54. This trade represents a 0.44% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders have purchased 1,012,359 shares of company stock worth $21,513,543. 3.28% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have weighed in on ET shares. Melius Research initiated coverage on shares of Energy Transfer in a research report on Tuesday, September 22nd. They set a “hold” rating and a $25.00 target price for the company. Wall Street Zen upgraded shares of Energy Transfer from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Jefferies Financial Group reiterated a “buy” rating on shares of Energy Transfer in a research report on Wednesday, August 5th. Barclays reissued 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. Finally, TD Cowen restated a “buy” rating and issued a $25.00 target price (up from $24.00) on shares of Energy Transfer in a report on Monday, August 10th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.60.

Trending Headlines about Energy Transfer

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

• Positive Sentiment: Energy Transfer raised its quarterly common-unit distribution to $0.3425, or $1.37 annualized, representing a 0.7% increase and approximately a 6.8% yield. The company described it as its 20th consecutive quarterly increase, reinforcing the stock’s appeal to income investors. The distribution is payable November 19 to holders of record November 6. Energy Transfer Announces Twentieth Consecutive Increase in Quarterly Cash Distribution
• Positive Sentiment: Scotiabank raised its Energy Transfer EPS forecasts slightly to $1.66 for fiscal 2026 and $1.74 for fiscal 2027. The 2027 estimate is above the prior $1.65 forecast and broadly supports the view that the company’s midstream operations can continue generating steady earnings. Scotiabank Raises Energy Transfer Earnings Estimates
• Positive Sentiment: Several articles frame ET as a long-term value and income investment, highlighting its large pipeline network, recurring cash flows, attractive yield and history of distribution growth. These themes likely contribute to increased investor interest in the stock. Why Energy Transfer Is a Top Value Stock for the Long Term
• Neutral Sentiment: Energy Transfer also announced a $0.2111 quarterly distribution on its Series I preferred units. The payment is positive for preferred holders but has limited direct impact on ET common-unit valuation. Energy Transfer Announces Cash Distribution on Series I Preferred Units
• Negative Sentiment: Commentary cautions that ET’s high yield may not be risk-free. Investors should monitor debt levels, capital spending and distributable cash-flow coverage, while tax treatment can also reduce the effective income for some retirement-account investors. Pipeline Stocks Keep Paying Big Dividends: Here’s the Risk Beneath the Surface

Energy Transfer Trading Up 2.0%

Shares of Energy Transfer stock traded up $0.41 on Friday, reaching $20.45. 6,543,645 shares of the company’s stock were exchanged, compared to its average volume of 12,186,347. The company has a market capitalization of $70.42 billion, a P/E ratio of 13.91 and a beta of 0.60. Energy Transfer LP has a 52 week low of $16.18 and a 52 week high of $21.84. The firm’s 50-day moving average is $20.82 and its two-hundred day moving average is $20.06. 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 (NYSEAMERICAN:ET) last announced its quarterly earnings data on Tuesday, August 4th. The pipeline company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.38 by $0.21. The company had revenue of $34.33 billion during 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% on a year-over-year basis. During the same quarter last year, the firm posted $0.32 EPS. Sell-side analysts predict that Energy Transfer LP will post 1.73 EPS for the current fiscal year.

Energy Transfer Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Friday, November 6th will be paid a dividend of $0.3425 per share. This is a boost from Energy Transfer’s previous quarterly dividend of $0.34. This represents a $1.37 annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Friday, November 6th. Energy Transfer’s payout ratio is currently 92.52%.

Energy Transfer Company Profile

Energy Transfer LP is a diversified energy infrastructure company headquartered in Dallas, Texas. The partnership owns and operates a broad network of pipelines, processing facilities, storage assets and terminals that support the movement of natural gas, natural gas liquids, crude oil and refined products across the United States.

The company’s operations include gathering and processing natural gas, transporting and storing natural gas and NGLs, fractionating NGLs into component products, and transporting crude oil and refined products.