FY2026 EPS Forecast for Energy Transfer Boosted by Analyst

Energy Transfer LP (TXSE:ET) – Scotiabank upped their FY2026 EPS estimates for Energy Transfer in a report issued on Wednesday, November 11th. Scotiabank analyst B. Bingham now expects that the pipeline company will post earnings of $1.71 per share for the year, up from their previous forecast of $1.66. Scotiabank currently has a “Sector Outperform” rating and a $23.00 price target on the stock. The consensus estimate for Energy Transfer’s current full-year earnings is $1.73 per share.

Energy Transfer (TXSE:ET) last posted its quarterly earnings results on Tuesday, November 3rd. The pipeline company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.07). The firm had revenue of $37.10 billion for the quarter, compared to the consensus estimate of $30.98 billion. Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. During the same quarter in the prior year, the company earned $0.28 earnings per share.

A number of other brokerages also recently issued reports on ET. Royal Bank Of Canada restated an “outperform” rating and set a $23.00 price target (up from $21.00) on shares of Energy Transfer in a report on Tuesday, July 21st. Stifel Nicolaus initiated coverage on Energy Transfer in a research report on Thursday, September 10th. They issued a “buy” rating and a $25.00 price target on the stock. Jefferies Financial Group reaffirmed a “buy” rating and issued a $25.00 target price on shares of Energy Transfer in a report on Wednesday, November 4th. Weiss Ratings upgraded Energy Transfer from a “buy (b)” rating to a “buy (a-)” rating in a report on Tuesday, September 8th. Finally, Mizuho set a $26.00 price target on Energy Transfer in a research note on Tuesday, October 13th. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Energy Transfer currently has a consensus rating of “Moderate Buy” and an average price target of $24.73.

Energy Transfer Price Performance

Shares of Energy Transfer stock opened at $19.42 on Friday. The company’s fifty day simple moving average is $20.43 and its two-hundred day simple moving average is $19.73. Energy Transfer has a 12-month low of $16.18 and a 12-month high of $21.84. The firm has a market cap of $66.87 billion, a PE ratio of 13.21, a price-to-earnings-growth ratio of 0.73 and a beta of 0.62. The company has a quick ratio of 0.94, a current ratio of 1.16 and a debt-to-equity ratio of 1.45.

Institutional Investors Weigh In On Energy Transfer

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Mizuho Markets Americas LLC purchased a new stake in shares of Energy Transfer in the first quarter worth approximately $61,760,000. Independent Financial Group LLC purchased a new position in Energy Transfer during the 1st quarter valued at $2,170,000. Envestnet Asset Management Inc. boosted its holdings in Energy Transfer by 8.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,244,157 shares of the pipeline company’s stock valued at $23,788,000 after acquiring an additional 98,624 shares during the period. Corient Private Wealth LP grew its position in Energy Transfer by 7.8% in the 2nd quarter. Corient Private Wealth LP now owns 1,868,875 shares of the pipeline company’s stock valued at $35,733,000 after acquiring an additional 135,275 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its position in Energy Transfer by 7.8% in the 2nd quarter. Jones Financial Companies Lllp now owns 1,009,594 shares of the pipeline company’s stock valued at $19,354,000 after acquiring an additional 72,935 shares during the last quarter. Hedge funds and other institutional investors own 38.22% of the company’s stock.

Insider Buying and Selling at Energy Transfer

In related news, Director Kelcy Warren purchased 647,968 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were bought at an average price of $21.26 per share, for a total transaction of $13,775,799.68. Following 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 position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 3.28% of the company’s stock.

Energy Transfer Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Friday, November 6th will be paid a $0.3425 dividend. This represents a $1.37 annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend is Friday, November 6th. This is a positive change from Energy Transfer’s previous quarterly dividend of $0.34. Energy Transfer’s dividend payout ratio is 90.13%.

About Energy Transfer

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.