James Richard Perry Acquires 12,359 Shares of Energy Transfer (NYSE:ET) Stock

Energy Transfer LP (NYSE:ET) Director James Richard Perry purchased 12,359 shares of Energy Transfer stock in a transaction on Friday, August 7th. The stock was bought at an average price of $20.23 per share, for a total transaction of $250,022.57. Following the completion of the acquisition, the director owned 208,046 shares in the company, valued at $4,208,770.58. The trade was a 6.32% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Energy Transfer Stock Up 1.0%

Shares of ET stock opened at $20.80 on Wednesday. The stock has a market cap of $71.64 billion, a P/E ratio of 14.15, a PEG ratio of 2.02 and a beta of 0.55. Energy Transfer LP has a 52 week low of $16.18 and a 52 week high of $20.88. The company has a quick ratio of 0.94, a current ratio of 1.16 and a debt-to-equity ratio of 1.45. The company’s fifty day simple moving average is $19.68 and its two-hundred day simple moving average is $19.26.

Energy Transfer (NYSE:ET) last issued its quarterly earnings data on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.21. The firm had revenue of $34.33 billion during the quarter, compared to analyst estimates of $27.71 billion. Energy Transfer had a return on equity of 11.55% and a net margin of 4.87%.The business’s quarterly revenue was up 78.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.32 earnings per share. Analysts predict that Energy Transfer LP will post 1.52 EPS for the current fiscal year.

Energy Transfer Increases Dividend

The company also recently declared 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. The ex-dividend date of this dividend is Friday, August 7th. This is a boost from Energy Transfer’s previous quarterly dividend of $0.34. This represents a $1.36 dividend on an annualized basis and a yield of 6.5%. Energy Transfer’s dividend payout ratio is currently 92.52%.

Hedge Funds Weigh In On Energy Transfer

Large investors have recently modified their holdings of the stock. Arrow Investment Advisors LLC lifted its holdings in Energy Transfer by 4.9% in the 2nd quarter. Arrow Investment Advisors LLC now owns 10,866 shares of the pipeline company’s stock valued at $208,000 after acquiring an additional 505 shares during the last quarter. Argent Trust Co grew its stake in shares of Energy Transfer by 2.1% in the 2nd quarter. Argent Trust Co now owns 26,035 shares of the pipeline company’s stock worth $498,000 after purchasing an additional 529 shares during the last quarter. State of Wyoming grew its stake in shares of Energy Transfer by 2.5% in the 2nd quarter. State of Wyoming now owns 22,822 shares of the pipeline company’s stock worth $436,000 after purchasing an additional 548 shares during the last quarter. Keybank National Association OH raised its holdings in shares of Energy Transfer by 0.3% in the 1st quarter. Keybank National Association OH now owns 219,232 shares of the pipeline company’s stock worth $4,231,000 after purchasing an additional 556 shares in the last quarter. Finally, Mountain Capital Investment Advisors Inc. raised its holdings in shares of Energy Transfer by 4.9% in the 4th quarter. Mountain Capital Investment Advisors Inc. now owns 12,007 shares of the pipeline company’s stock worth $216,000 after purchasing an additional 560 shares in the last quarter. Institutional investors own 38.22% of the company’s stock.

Analyst Ratings Changes

ET has been the topic of a number of research reports. Jefferies Financial Group reaffirmed a “buy” rating on shares of Energy Transfer in a research note on Wednesday, August 5th. Barclays reissued an “overweight” rating and issued a $24.00 target price (up from $23.00) on shares of Energy Transfer in a report on Wednesday, August 5th. Scotiabank restated an “outperform” rating on shares of Energy Transfer in a research report on Tuesday, May 12th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $23.00 price target (up from $21.00) on shares of Energy Transfer in a research note on Tuesday, July 21st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Energy Transfer in a research report on Friday, June 5th. 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 company’s stock. Based on data from MarketBeat.com, Energy Transfer presently has an average rating of “Buy” and a consensus target price of $23.75.

Key Stories Impacting Energy Transfer

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

• Positive Sentiment: Strong operating momentum: Energy Transfer reported second-quarter revenue of $34.33 billion, up 78.4% year over year and well above estimates, while EPS of $0.59 exceeded consensus by $0.21. The company also posted record volumes and raised guidance for a second consecutive time, strengthening expectations for future EBITDA and distributable cash flow growth. Energy Transfer: Expanding In All The Right Places For The AI Revolution
• Positive Sentiment: AI-related demand opportunity: Analysts see ET’s natural-gas pipeline and processing network benefiting from the data-center buildout, with contracted demand and a growing project backlog potentially providing multiyear earnings visibility. Energy Transfer: Expanding In All The Right Places For The AI Revolution
• Positive Sentiment: Income appeal: Recent coverage emphasizes 19 consecutive quarterly distribution increases, approximately 2.2 times distribution coverage and a roughly 6.6% yield. These metrics support the view that ET can continue growing its distribution while retaining cash for expansion. Energy Transfer Keeps Growing Its Dividend and Offers a 6.7% Yield Worth Considering
• Positive Sentiment: Insider confidence: Director James Richard Perry purchased 12,359 shares for approximately $250,023, increasing his direct ownership by 6.32%. Insider buying can provide a favorable signal about management’s view of the stock’s value. Insider Buying: Energy Transfer Director Purchases Stock
• Positive Sentiment: Analyst support: TD Cowen raised its price target to $25 from $24 and maintained a Buy rating. ET’s broader analyst consensus remains Buy, with an average target of $23.75 versus recent trading levels. Energy Transfer analyst coverage
• Neutral Sentiment: Zacks’ growth-stock assessment and additional commentary on future distribution growth reinforce the bullish narrative, but these are primarily opinion- and methodology-based signals rather than new company disclosures. Why Energy Transfer Is a Strong Growth 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.