Energy Transfer LP $ET Stock Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC grew its position in Energy Transfer LP (TXSE:ET) by 21.1% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 286,429 shares of the pipeline company’s stock after buying an additional 49,846 shares during the quarter. International Assets Investment Management LLC’s holdings in Energy Transfer were worth $5,757,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in ET. SeedSafe Financial LLC increased its position in shares of Energy Transfer by 36.1% during the third quarter. SeedSafe Financial LLC now owns 32,824 shares of the pipeline company’s stock worth $649,000 after purchasing an additional 8,700 shares in the last quarter. Arrow Investment Advisors LLC raised its stake in Energy Transfer by 17.5% in the 3rd quarter. Arrow Investment Advisors LLC now owns 12,766 shares of the pipeline company’s stock valued at $252,000 after purchasing an additional 1,900 shares during the last quarter. Calamos Advisors LLC raised its stake in Energy Transfer by 6.0% in the 3rd quarter. Calamos Advisors LLC now owns 244,843 shares of the pipeline company’s stock valued at $4,841,000 after purchasing an additional 13,853 shares during the last quarter. Quadcap Wealth Management LLC lifted its holdings in Energy Transfer by 4.6% in the 3rd quarter. Quadcap Wealth Management LLC now owns 16,812 shares of the pipeline company’s stock valued at $332,000 after purchasing an additional 740 shares in the last quarter. Finally, Platform Technology Partners lifted its holdings in Energy Transfer by 0.8% in the 3rd quarter. Platform Technology Partners now owns 70,225 shares of the pipeline company’s stock valued at $1,388,000 after purchasing an additional 549 shares in the last quarter. 38.22% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Energy Transfer

In other news, Director Kelcy Warren acquired 647,968 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The stock was acquired at an average cost of $21.26 per share, with a total value 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 $3,144,393,947.54. The trade was a 0.44% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.28% of the stock is owned by corporate insiders.

Energy Transfer Stock Performance

The firm has a market capitalization of $65.15 billion, a PE ratio of 12.87, a PEG ratio of 0.73 and a beta of 0.62. The firm has a 50 day moving average of $20.60 and a 200 day moving average of $19.70. Energy Transfer LP has a fifty-two week low of $16.18 and a fifty-two week high of $21.84. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.94 and a current ratio of 1.16.

Energy Transfer (TXSE:ET) last posted its earnings results on Tuesday, November 3rd. The pipeline company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.07). Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The business had revenue of $37.10 billion during the quarter, compared to analysts’ expectations of $30.98 billion. During the same period last year, the company earned $0.28 EPS. As a group, analysts predict that Energy Transfer LP will post 1.73 earnings per share for the current fiscal year.

Energy Transfer Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Friday, November 6th will be issued a $0.3425 dividend. This represents a $1.37 dividend on an annualized basis and a yield of 7.2%. This is a positive change from Energy Transfer’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Friday, November 6th. Energy Transfer’s dividend payout ratio is currently 90.13%.

Key Headlines Impacting Energy Transfer

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

• Positive Sentiment: Citigroup raised its price target to $25 from $24 and maintained a Buy rating, implying substantial upside from the reported $18.92 share price. Citigroup rating
• Positive Sentiment: Recent analysis highlighted stronger Q3 operating performance, including EBITDA growth, record volumes, and raised full-year EBITDA guidance of $19.7–$19.9 billion. The company’s pipeline projects and fee-based growth plans could add to future earnings. Q3 results and outlook
• Positive Sentiment: Energy Transfer reached a final investment decision on a $1.6 billion South Mississippi pipeline, a long-term infrastructure project that may expand its growth opportunities. South Mississippi pipeline
• Neutral Sentiment: The partnership priced $2.7 billion of senior notes, with maturities from 2032 to 2057 and coupons of 5.45% to 6.55%. The proceeds can support financing needs, but the borrowing adds long-term interest obligations. Senior notes offering
• Negative Sentiment: Despite strong operating metrics, Energy Transfer missed analysts’ Q3 EPS estimate, a potential concern for investors focused on per-share results. Broader market volatility and interest-rate uncertainty may also pressure sentiment. Analysis of earnings miss

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on ET shares. Morgan Stanley lifted their target price on shares of Energy Transfer from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 18th. Wall Street Zen upgraded shares of Energy Transfer from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Mizuho set a $26.00 price target on shares of Energy Transfer in a research note on Tuesday, October 13th. Jefferies Financial Group restated a “buy” rating and set a $25.00 price target on shares of Energy Transfer in a research report on Wednesday. Finally, Barclays restated an “overweight” rating and set a $24.00 price target (up from $23.00) on shares of Energy Transfer in a research report on Wednesday, August 5th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Energy Transfer has a consensus rating of “Moderate Buy” and a consensus price target of $24.80.

Energy Transfer Company Profile

Energy Transfer LP is a diversified energy infrastructure company headquartered in Dallas, Texas. The partnership owns and operates a broad network of pipelines, processing facilities, storage assets and terminals that support the movement of natural gas, natural gas liquids, crude oil and refined products across the United States.

The company’s operations include gathering and processing natural gas, transporting and storing natural gas and NGLs, fractionating NGLs into component products, and transporting crude oil and refined products.