Bollard Group LLC Has $15.70 Million Stake in Energy Transfer LP $ET

Bollard Group LLC raised its stake in shares of Energy Transfer LP (NYSE:ETFree Report) by 6.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 915,169 shares of the pipeline company’s stock after purchasing an additional 59,109 shares during the period. Bollard Group LLC’s holdings in Energy Transfer were worth $15,704,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Alps Advisors Inc. increased its stake in shares of Energy Transfer by 4.5% in the third quarter. Alps Advisors Inc. now owns 77,651,021 shares of the pipeline company’s stock valued at $1,332,492,000 after buying an additional 3,366,734 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Energy Transfer by 9.3% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,353,476 shares of the pipeline company’s stock worth $387,139,000 after acquiring an additional 1,825,391 shares during the period. Invesco Ltd. lifted its stake in shares of Energy Transfer by 3.2% in the third quarter. Invesco Ltd. now owns 57,862,666 shares of the pipeline company’s stock worth $992,923,000 after acquiring an additional 1,773,042 shares during the period. Jump Financial LLC boosted its holdings in Energy Transfer by 2,687.9% in the second quarter. Jump Financial LLC now owns 1,791,358 shares of the pipeline company’s stock valued at $32,477,000 after acquiring an additional 1,727,104 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in Energy Transfer by 223.7% in the second quarter. Corient Private Wealth LLC now owns 1,690,771 shares of the pipeline company’s stock valued at $30,654,000 after acquiring an additional 1,168,440 shares during the last quarter. 38.22% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Energy Transfer

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

  • Positive Sentiment: Wells Fargo raised its price target to $25 and moved ET to an “overweight” rating, implying roughly 33% upside from current levels — a clear catalyst for buying interest. Article Title
  • Positive Sentiment: Morgan Stanley increased its price target to $21, reinforcing the analyst-driven bid into the stock. Article Title
  • Positive Sentiment: Market reports note ET is trading up following analyst upgrades, reflecting immediate buying flow tied to the research calls. Article Title
  • Positive Sentiment: Macro energy news — oil futures spiking toward $100 on Iran/Strait of Hormuz tensions — is lifting midstream names and ETF interest, which benefits ET’s fee-based transport and storage business. 4 ETFs That Are Worth Buying For $100 Oil
  • Positive Sentiment: Investor pieces highlighting ET as a reliable dividend stock and a high-yield pipeline pick are supporting longer-term demand from income-focused buyers. Stock Market Crash: The Best Dividend Stocks to Buy Right Now
  • Positive Sentiment: Additional retail coverage lists ET among high-yield pipeline names to buy and hold, reinforcing the narrative of stable cash flow and distribution support. 3 High-Yield Pipeline Stocks to Buy Now and Hold Forever
  • Neutral Sentiment: News wires and market summaries reporting recent intraday gains provide confirmation of the move but add little new fundamental information. Article Title
  • Neutral Sentiment: Coverage weighing dividend yield scenarios and geopolitical comments from the White House highlights uncertainty about how policy shifts could swing oil and midstream sentiment. Article Title
  • Negative Sentiment: The planned U.S. Strategic Petroleum Reserve release (172M barrels) is a potential headwind for oil prices; lower crude could reduce short-term volumes or margin pressure for some midstream segments even though past SPR actions sometimes benefited ET. Monitor how the SPR and supply flows evolve. Prediction: One Surprise Winner Emerges as Strategic Reserves Are Released

Energy Transfer Price Performance

Energy Transfer stock opened at $18.78 on Friday. The stock has a market capitalization of $64.59 billion, a price-to-earnings ratio of 15.52, a PEG ratio of 1.02 and a beta of 0.63. Energy Transfer LP has a 52-week low of $14.60 and a 52-week high of $19.30. 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’s 50 day moving average price is $18.13 and its two-hundred day moving average price is $17.30.

Energy Transfer (NYSE:ETGet Free Report) last released its earnings results on Tuesday, February 17th. The pipeline company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.09). The company had revenue of $25.32 billion for the quarter, compared to analyst estimates of $23.56 billion. Energy Transfer had a net margin of 5.11% and a return on equity of 10.17%. The firm’s revenue was up 29.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.29 EPS. On average, equities analysts predict that Energy Transfer LP will post 1.46 earnings per share for the current year.

Energy Transfer Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Friday, February 6th were issued 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 dividend yield of 7.1%. The ex-dividend date was Friday, February 6th. Energy Transfer’s dividend payout ratio (DPR) is currently 110.74%.

Analyst Ratings Changes

ET has been the subject of several analyst reports. Royal Bank Of Canada upgraded shares of Energy Transfer to a “moderate buy” rating in a report on Monday, December 15th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Energy Transfer in a research note on Wednesday, December 24th. TD Cowen increased their price objective on shares of Energy Transfer from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Wells Fargo & Company lifted their target price on shares of Energy Transfer from $23.00 to $25.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Barclays restated an “overweight” rating and issued a $22.00 target price (down from $25.00) on shares of Energy Transfer in a report on Monday, January 12th. Ten investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $21.60.

Check Out Our Latest Report on ET

About Energy Transfer

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Energy Transfer (NYSE:ET)

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