Kelcy Warren Purchases 352,032 Shares of Energy Transfer (NYSE:ET) Stock

Energy Transfer LP (NYSE:ET) Director Kelcy Warren acquired 352,032 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were bought at an average price of $21.27 per share, for a total transaction of $7,487,720.64. Following the purchase, the director owned 147,253,911 shares in the company, valued at approximately $3,132,090,686.97. This represents a 0.24% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Energy Transfer Price Performance

NYSE:ET opened at $21.20 on Friday. Energy Transfer LP has a 1-year low of $16.18 and a 1-year high of $21.64. 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 simple moving average of $19.98 and a 200 day simple moving average of $19.42. The stock has a market capitalization of $73.00 billion, a PE ratio of 14.42, a P/E/G ratio of 0.75 and a beta of 0.55.

Energy Transfer (NYSE:ET) last posted its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.21. The firm had revenue of $34.33 billion for the quarter, compared to analyst estimates 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 earnings per share. On average, research analysts expect that Energy Transfer LP will post 1.63 EPS for the current fiscal year.

Energy Transfer Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders 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 annualized dividend and a dividend 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 presently 92.52%.

Key Energy Transfer News

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

• Positive Sentiment: Co-founder and director Kelcy Warren bought a combined 1 million ET shares on August 18 and 19 for approximately $21.3 million. The purchases, made near the partnership’s 52-week high, increased his ownership to nearly 147.9 million shares and signal confidence in Energy Transfer’s outlook. Energy Transfer Co-Founder’s $15 Million Bet Near a 52-Week High Sends a Bullish Message
• Positive Sentiment: US Capital Advisors raised its EPS forecasts for multiple quarters through 2028, including FY2027 EPS to $1.59 from $1.45 and FY2028 EPS to $1.62 from $1.48. The revisions reinforce expectations for continued earnings growth. Energy Transfer analyst estimates
• Positive Sentiment: Recent coverage highlighted record second-quarter volumes, strong U.S. hydrocarbon export demand and Energy Transfer’s fee-based, contracted infrastructure. These characteristics reduce direct sensitivity to commodity prices and provide visibility for future distributions and growth projects. Energy Transfer: A 6.4% Yield Backed By The AI Power Boom
• Positive Sentiment: Energy Transfer’s second-quarter performance included a 32% increase in partner-attributable distributable cash flow, 49% growth in first-half conventional free cash flow and distribution coverage above 2.2 times. Raised 2026 EBITDA guidance of $18.8 billion-$19.1 billion further supports the income-investment case. Energy Transfer: Strong Buy With A Path To 7% Yield On Cost
• Neutral Sentiment: ET’s recent move to a new one-year high and analyst price-target increases reflect strong momentum, but the stock’s proximity to that high may limit near-term upside and raise valuation sensitivity. Energy Transfer Reaches New 1-Year High After Analyst Upgrade
• Negative Sentiment: Cooler U.S. weather forecasts have pressured natural-gas prices by potentially reducing power demand. Energy Transfer’s fee-based model cushions the impact, but weaker commodity prices could weigh on broader midstream-sector sentiment. Cooler US Weather Forecasts Weigh on Nat-Gas Prices

Analyst Ratings Changes

Several equities research analysts recently issued reports on ET shares. Barclays reiterated an “overweight” rating and issued a $24.00 target price (up from $23.00) on shares of Energy Transfer in a research note on Wednesday, August 5th. Raymond James Financial restated a “strong-buy” rating on shares of Energy Transfer in a research note on Wednesday, May 6th. JPMorgan Chase & Co. raised their price objective on Energy Transfer from $22.00 to $24.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Jefferies Financial Group reiterated a “buy” rating on shares of Energy Transfer in a research note on Wednesday, August 5th. Finally, UBS Group reissued a “buy” rating on shares of Energy Transfer in a report on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Energy Transfer has a consensus rating of “Moderate Buy” and an average price target of $24.08.

Institutional Investors Weigh In On Energy Transfer

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Arrow Investment Advisors LLC boosted its position in shares of Energy Transfer by 4.9% in the second 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 period. Argent Trust Co increased its position in Energy Transfer by 2.1% during the second quarter. Argent Trust Co now owns 26,035 shares of the pipeline company’s stock worth $498,000 after acquiring an additional 529 shares during the period. State of Wyoming raised its stake in 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 in the last quarter. Keybank National Association OH raised its stake in 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. boosted its holdings in 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 valued at $216,000 after purchasing an additional 560 shares during the period. 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.