Energy Transfer (NYSE:ET) Shares Down 1% – What’s Next?

Energy Transfer LP (NYSE:ET) shares dropped 1% during trading on Wednesday . The company traded as low as $20.99 and last traded at $21.1070. Approximately 6,769,652 shares traded hands during trading, a decline of 47% from the average session volume of 12,715,215 shares. The stock had previously closed at $21.33.

Trending Headlines about Energy Transfer

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

• Positive Sentiment: Analyst confidence increased: Stifel resumed coverage with a favorable view, citing strong natural-gas demand, pipeline opportunities tied to data-center growth, and the company’s strong 2026 performance. Energy Transfer’s Strong 2026 Run Gets a Fresh Vote from Stifel
• Positive Sentiment: Estimates were raised: Scotiabank lifted its FY2026 EPS forecast to $1.65 from $1.44 and its FY2027 estimate to $1.65 from $1.50, signaling improved expectations for earnings growth.
• Positive Sentiment: Strong operating outlook: Recent coverage highlights rising natural-gas and NGL volumes, a 220% distribution-coverage ratio, continued distribution increases, and higher adjusted EBITDA guidance of approximately $18.8 billion to $19.1 billion. Energy Transfer: Huge Macro Winner, Big Yield, Growing Dividend
• Positive Sentiment: Income and valuation remain attractive: Commentators point to ET’s sustainable 6%-plus distribution yield, fee-based cash flows, growth projects, and an enterprise-value-to-EBITDA multiple near 7.5. Jim Cramer also recommended buying the stock. Energy Transfer – Keep Adding To Your Position At ATHs
• Neutral Sentiment: Short-term pressure: ET is close to a record level after a substantial year-to-date advance, which can prompt investors to lock in gains even as the long-term fundamental outlook improves.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. Morgan Stanley boosted their price objective on Energy Transfer from $23.00 to $25.00 and gave the company an “equal weight” rating in a report on Tuesday, August 18th. JPMorgan Chase & Co. lifted their target price on Energy Transfer from $24.00 to $25.00 and gave the stock an “overweight” rating in a research report on Friday, September 4th. Stifel Nicolaus began coverage on shares of Energy Transfer in a research note on Thursday, September 10th. They set a “buy” rating and a $25.00 target price for the company. Truist Financial upped their price target on shares of Energy Transfer from $23.00 to $25.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Finally, Barclays reaffirmed an “overweight” rating and issued a $24.00 price target (up from $23.00) on shares of Energy Transfer in a research note on Wednesday, August 5th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $24.17.

Energy Transfer Trading Down 1.0%

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 stock’s 50 day moving average is $20.78 and its two-hundred day moving average is $19.78. The company has a market capitalization of $72.68 billion, a PE ratio of 14.36, a price-to-earnings-growth ratio of 0.72 and a beta of 0.57.

Energy Transfer (NYSE:ET) last posted its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.38 by $0.21. Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The business had revenue of $34.33 billion during the quarter, compared to analyst estimates of $27.71 billion. During the same quarter in the previous year, the business posted $0.32 EPS. The company’s quarterly revenue was up 78.4% compared to the same quarter last year. As a group, sell-side analysts predict that Energy Transfer LP will post 1.74 EPS for the current fiscal year.

Energy Transfer Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Friday, August 7th were issued a dividend of $0.34 per share. The ex-dividend date of this dividend was Friday, August 7th. This is a positive change from Energy Transfer’s previous quarterly dividend of $0.34. This represents a $1.36 annualized dividend and a yield of 6.4%. Energy Transfer’s dividend payout ratio is 92.52%.

Insiders Place Their Bets

In related news, Director Kelcy L. Warren purchased 647,968 shares of Energy Transfer stock in a transaction dated Wednesday, August 19th. The stock was purchased at an average cost of $21.26 per share, with a total value of $13,775,799.68. Following the transaction, the director owned 147,901,879 shares in the company, valued at approximately $3,144,393,947.54. The trade was a 0.44% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director James Perry acquired 12,359 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The shares were bought at an average cost of $20.23 per share, for a total transaction of $250,022.57. Following the transaction, the director owned 208,046 shares of the company’s stock, valued at $4,208,770.58. This represents a 6.32% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last 90 days, insiders have acquired 1,012,359 shares of company stock valued at $21,513,543. 3.28% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Alps Advisors Inc. lifted its holdings in shares of Energy Transfer by 8.0% during the fourth quarter. Alps Advisors Inc. now owns 83,843,087 shares of the pipeline company’s stock worth $1,382,573,000 after purchasing an additional 6,192,066 shares during the period. Mizuho Markets Americas LLC purchased a new position in Energy Transfer during the 1st quarter worth approximately $61,760,000. SCS Capital Management LLC lifted its stake in Energy Transfer by 1,859.8% during the 2nd quarter. SCS Capital Management LLC now owns 1,942,908 shares of the pipeline company’s stock valued at $37,148,000 after acquiring an additional 1,843,771 shares during the period. Bank of America Corp DE boosted its holdings in shares of Energy Transfer by 5.7% in the 1st quarter. Bank of America Corp DE now owns 30,956,358 shares of the pipeline company’s stock valued at $597,458,000 after acquiring an additional 1,656,609 shares during the last quarter. Finally, Longfellow Investment Management Co. LLC boosted its holdings in shares of Energy Transfer by 56.3% in the 4th quarter. Longfellow Investment Management Co. LLC now owns 3,028,233 shares of the pipeline company’s stock valued at $49,936,000 after acquiring an additional 1,090,165 shares during the last quarter. Hedge funds and other institutional investors own 38.22% of the company’s stock.

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.