Energy Transfer (NYSE:ET) Hits New 1-Year High – Should You Buy?

Energy Transfer LP (NYSE:ET) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $19.97 and last traded at $19.9650, with a volume of 8029643 shares. The stock had previously closed at $19.76.

Key Headlines Impacting Energy Transfer

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

• Positive Sentiment: US Capital Advisors raised EPS forecasts across multiple quarters and fiscal years, lifting Q1–Q4 2026 quarterly estimates (Q1 to $0.30, Q2 to $0.31, Q3 to $0.31, Q4 to $0.34) and boosting FY2026 to $1.26 (from $1.17), FY2027 to $1.29 and FY2028 to $1.31 — supporting a stronger earnings outlook that can justify higher valuation and dividend coverage. US Capital Advisors estimate revisions
• Neutral Sentiment: Recent press coverage and search interest have picked up—Zacks/Yahoo and related articles highlight increased trading interest and attention on ET, which can amplify intraday momentum but does not by itself change fundamentals. Zacks: ET increases despite market slip
• Neutral Sentiment: Additional coverage (Yahoo finance / Zacks “Investors Heavily Search” and a Fool long‑term bull case piece) may draw further retail/institutional attention; these items tend to affect flows and sentiment more than near‑term fundamentals. Yahoo: Investors Heavily Search ET Fool: Long-term bull case
• Negative Sentiment: Recent reported results (Feb 17) showed a revenue beat but an EPS miss (Q4 EPS $0.25 vs. consensus $0.34). That earnings miss and still‑elevated leverage metrics can cap multiple expansion and are a reminder of execution and commodity‑price sensitivity risks. MarketBeat: Q4 results and metrics

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ET. Jefferies Financial Group reissued a “hold” rating on shares of Energy Transfer in a report on Wednesday, February 18th. Wells Fargo & Company increased their price target on shares of Energy Transfer from $23.00 to $25.00 and gave the stock an “overweight” rating in a report on Friday, March 13th. UBS Group reiterated a “buy” rating on shares of Energy Transfer in a research report on Wednesday, January 7th. Morgan Stanley increased their price target on Energy Transfer from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 10th. Finally, Barclays reiterated an “overweight” rating and set a $22.00 price target (down from $25.00) on shares of Energy Transfer in a research report on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $21.60.

Energy Transfer Trading Up 1.5%

The company has a debt-to-equity ratio of 1.50, a current ratio of 1.22 and a quick ratio of 0.90. The firm has a market capitalization of $69.03 billion, a PE ratio of 16.56, a P/E/G ratio of 1.05 and a beta of 0.62. The company’s fifty day simple moving average is $18.96 and its 200-day simple moving average is $17.72.

Energy Transfer (NYSE:ET) last posted its quarterly earnings data on Tuesday, February 17th. The pipeline company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by ($0.09). The company had revenue of $25.32 billion for the quarter, compared to analysts’ expectations of $23.56 billion. Energy Transfer had a net margin of 5.11% and a return on equity of 10.17%. The business’s revenue for the quarter was up 29.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.29 earnings per share. As a group, sell-side analysts expect that Energy Transfer LP will post 1.5 earnings per share for the current fiscal year.

Energy Transfer Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Friday, May 8th will be given a $0.3375 dividend. This represents a $1.35 annualized dividend and a dividend yield of 6.7%. This is a boost from Energy Transfer’s previous quarterly dividend of $0.34. The ex-dividend date is Friday, May 8th. Energy Transfer’s dividend payout ratio (DPR) is 110.74%.

Hedge Funds Weigh In On Energy Transfer

Hedge funds and other institutional investors have recently made changes to their positions in the company. Basepoint Wealth LLC purchased a new position in shares of Energy Transfer in the fourth quarter valued at approximately $25,000. Gables Capital Management Inc. lifted its position in shares of Energy Transfer by 60.0% in the fourth quarter. Gables Capital Management Inc. now owns 1,600 shares of the pipeline company’s stock valued at $26,000 after acquiring an additional 600 shares in the last quarter. Sarver Vrooman Wealth Advisors purchased a new position in shares of Energy Transfer in the fourth quarter worth about $32,000. Financial Life Planners purchased a new position in shares of Energy Transfer in the third quarter worth about $34,000. Finally, Navalign LLC purchased a new position in shares of Energy Transfer in the fourth quarter worth about $37,000. Hedge funds and other institutional investors own 38.22% of the company’s stock.

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.