Energy Transfer (NYSE:ET) Research Coverage Started at Stifel Nicolaus

Stifel Nicolaus began coverage on shares of Energy Transfer (NYSE:ET) in a report released on Thursday, MarketBeat.com reports. The brokerage issued a buy rating and a $25.00 price objective on the pipeline company’s stock.

Several other equities research analysts also recently commented on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of Energy Transfer in a research note on Wednesday, August 5th. Truist Financial lifted their price target on shares of Energy Transfer from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. TD Cowen reissued a “buy” rating and issued a $25.00 price target (up from $24.00) on shares of Energy Transfer in a report on Monday, August 10th. Zacks Research cut shares of Energy Transfer from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Finally, Citigroup reaffirmed a “buy” rating and set a $24.00 price objective (up from $23.00) on shares of Energy Transfer in a research note on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $24.17.

Energy Transfer Trading Down 0.8%

NYSE ET opened at $21.55 on Thursday. Energy Transfer has a 12 month low of $16.18 and a 12 month high of $21.84. The stock has a 50-day simple moving average of $20.70 and a 200 day simple moving average of $19.73. 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 company has a market capitalization of $74.19 billion, a PE ratio of 14.66, a P/E/G ratio of 0.73 and a beta of 0.57.

Energy Transfer (NYSE:ET) last posted its 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 company 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 company’s revenue for the quarter was up 78.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.32 EPS. Research analysts forecast that Energy Transfer will post 1.75 EPS for the current year.

Energy Transfer Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Friday, August 7th were given a $0.34 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $1.36 annualized dividend and a yield of 6.3%. This is an increase from Energy Transfer’s previous quarterly dividend of $0.34. Energy Transfer’s payout ratio is presently 92.52%.

Insider Buying and Selling at Energy Transfer

In other news, Director James Perry purchased 12,359 shares of the company’s stock in a transaction on Friday, August 7th. The shares were purchased at an average price of $20.23 per share, with a total value of $250,022.57. Following the purchase, the director directly owned 208,046 shares of the company’s stock, valued at $4,208,770.58. This trade represents a 6.32% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Kelcy L. Warren purchased 647,968 shares of the business’s stock in a transaction dated Wednesday, August 19th. The stock was purchased at an average price of $21.26 per share, for a total transaction of $13,775,799.68. Following the completion of the acquisition, the director owned 147,901,879 shares of the company’s stock, valued at approximately $3,144,393,947.54. This represents a 0.44% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 1,012,359 shares of company stock worth $21,513,543 over the last ninety days. 3.28% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Energy Transfer

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Morgan Stanley increased its position in shares of Energy Transfer by 41.6% during the 4th quarter. Morgan Stanley now owns 86,310,272 shares of the pipeline company’s stock worth $1,423,256,000 after purchasing an additional 25,366,594 shares during the last quarter. Alps Advisors Inc. boosted its holdings in shares of Energy Transfer by 8.0% in the 4th quarter. Alps Advisors Inc. now owns 83,843,087 shares of the pipeline company’s stock valued at $1,382,573,000 after buying an additional 6,192,066 shares during the last quarter. Mizuho Markets Americas LLC bought a new position in shares of Energy Transfer in the first quarter valued at $61,760,000. SCS Capital Management LLC grew its stake in shares of Energy Transfer by 1,859.8% in the second quarter. SCS Capital Management LLC now owns 1,942,908 shares of the pipeline company’s stock valued at $37,148,000 after buying an additional 1,843,771 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in Energy Transfer by 3.2% during the third quarter. Invesco Ltd. now owns 57,862,666 shares of the pipeline company’s stock worth $992,923,000 after buying an additional 1,773,042 shares during the last quarter. Institutional investors and hedge funds own 38.22% of the company’s stock.

Key Stories Impacting Energy Transfer

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

• Positive Sentiment: New $25 price target: Stifel Nicolaus initiated coverage of Energy Transfer with a “buy” rating and a $25 target, implying meaningful upside from recent trading levels. Stifel Energy Transfer coverage
• Positive Sentiment: Momentum from energy prices: ET has continued rallying as energy prices rise, with the stock reaching an all-time high. The move to the Texas exchange has also added visibility and investor interest. What’s next for the soaring Energy Transfer stock?
• Positive Sentiment: Income-investment appeal: Commentary highlighted that Energy Transfer’s distribution is covered roughly twice by distributable cash flow, reinforcing confidence in the sustainability of its payout and supporting demand from income-oriented investors. Energy Transfer’s payout coverage
• Neutral Sentiment: Texas Stock Exchange listing: Energy Transfer will transfer its common-unit listing from the NYSE to TXSE, with trading expected to begin October 5, 2026. The units will retain the “ET” ticker. Management says the move reflects the company’s Texas roots and could broaden visibility, but the direct financial impact remains uncertain. Energy Transfer to Transfer Stock Exchange Listings to Texas Stock Exchange
• Neutral Sentiment: Broker sentiment remains favorable: Analysts collectively rate ET “Moderate Buy,” providing additional support for the stock’s recent strength, although this is not a new earnings catalyst. Energy Transfer average brokerage recommendation

Energy Transfer Company Profile

Energy Transfer LP (NYSE: ET) is a diversified midstream energy partnership that owns and operates infrastructure used to transport, store, process and market energy commodities. Its assets support the movement of natural gas, crude oil, natural gas liquids (NGLs), refined products and other hydrocarbon-based materials.

The company’s operations include natural gas gathering and processing, interstate and intrastate pipeline transportation, NGL fractionation and storage, crude oil and refined products transportation, and terminal services.