Energy Transfer LP $ET Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC cut its stake in Energy Transfer LP (TXSE:ET) by 14.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 246,924 shares of the pipeline company’s stock after selling 41,559 shares during the period. ProShare Advisors LLC’s holdings in Energy Transfer were worth $4,882,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of ET. Arrow Investment Advisors LLC raised its position in Energy Transfer by 4.9% during the second quarter. Arrow Investment Advisors LLC now owns 10,866 shares of the pipeline company’s stock worth $208,000 after acquiring an additional 505 shares during the period. Cypress Capital Management LLC WY grew its position in shares of Energy Transfer by 3.9% in the second quarter. Cypress Capital Management LLC WY now owns 13,439 shares of the pipeline company’s stock valued at $257,000 after purchasing an additional 509 shares during the period. Argent Trust Co grew its position in shares of Energy Transfer by 2.1% in the second quarter. Argent Trust Co now owns 26,035 shares of the pipeline company’s stock valued at $498,000 after purchasing an additional 529 shares during the period. State of Wyoming grew its position in shares of Energy Transfer by 2.5% in the second quarter. State of Wyoming now owns 22,822 shares of the pipeline company’s stock valued at $436,000 after purchasing an additional 548 shares during the period. Finally, Cascade Financial Partners LLC increased its stake in shares of Energy Transfer by 0.8% during the second quarter. Cascade Financial Partners LLC now owns 72,645 shares of the pipeline company’s stock worth $1,389,000 after purchasing an additional 560 shares in 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 other news, Director Kelcy Warren purchased 647,968 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were acquired at an average cost of $21.26 per share, for a total transaction of $13,775,799.68. Following the completion of the purchase, the director directly owned 147,901,879 shares in the company, valued at $3,144,393,947.54. The trade was a 0.44% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.28% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Morgan Stanley lifted their price objective on Energy Transfer from $23.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 18th. Wall Street Zen upgraded Energy Transfer from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Citigroup reissued a “buy” rating and set a $24.00 target price (up from $23.00) on shares of Energy Transfer in a report on Friday, August 7th. Mizuho set a $26.00 target price on Energy Transfer in a research report on Tuesday, October 13th. Finally, Weiss Ratings upgraded Energy Transfer from a “buy (b)” rating to a “buy (a-)” rating in a research report on Tuesday, September 8th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Energy Transfer presently has a consensus rating of “Moderate Buy” and an average price target of $24.73.

Trending Headlines about Energy Transfer

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

• Positive Sentiment: Energy Transfer raised its 2026 adjusted EBITDA outlook to $19.7–$19.9 billion after a strong third quarter, with gains across its business segments and strength in NGLs and refined products. Energy Transfer Has Another Blowout Quarter
• Positive Sentiment: The partnership took final investment decision on a $1.6 billion South Mississippi pipeline, a 215-mile project designed to carry up to 1.2 billion cubic feet of gas per day. It is intended to serve growing demand, including from LNG exports and data centers. Energy Transfer sanctions $1.6bn South Mississippi pipeline project
• Positive Sentiment: Jefferies raised its price target on ET to $25, signaling increased optimism about the partnership’s prospects. Energy Transfer price target raised to $25 at Jefferies
• Neutral Sentiment: ET plans about $7 billion in 2027 growth spending and announced a $2.6 billion acquisition of Vaquero Midstream to expand its Permian gas gathering and processing footprint. These investments may support future growth, while requiring significant capital. ET Q3 Earnings Call Puts Gas Demand and Capital Spending in Focus
• Negative Sentiment: Despite strong revenue and cash generation, quarterly EPS of $0.33 fell short of the $0.40 consensus estimate. The earnings miss may be weighing on sentiment even as management raised its outlook. Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage

Energy Transfer Trading Down 1.4%

ET opened at $19.19 on Friday. Energy Transfer LP has a one year low of $16.18 and a one year high of $21.84. The stock has a market capitalization of $66.08 billion, a PE ratio of 13.05, a P/E/G ratio of 0.73 and a beta of 0.62. The business’s 50 day moving average price is $20.65 and its 200 day moving average price is $19.70. 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 issued its quarterly earnings results on Tuesday, November 3rd. The pipeline company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.07). Energy Transfer had a return on equity of 11.55% and a net margin of 4.87%. The firm had revenue of $37.10 billion during the quarter, compared to analysts’ expectations of $30.98 billion. During the same quarter in the prior year, the firm earned $0.28 EPS. As a group, equities research analysts expect that Energy Transfer LP will post 1.73 EPS for the current year.

Energy Transfer Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Friday, November 6th will be issued a $0.3425 dividend. 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. This represents a $1.37 annualized dividend and a dividend yield of 7.1%. Energy Transfer’s payout ratio is presently 90.13%.

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.