Energy Transfer (NYSE:ET) Price Target Raised to $25.00

Energy Transfer (NYSE:ET) had its target price upped by Morgan Stanley from $23.00 to $25.00 in a report published on Tuesday morning,Benzinga reports. They currently have an equal weight rating on the pipeline company’s stock.

Other equities research analysts have also recently issued research reports about the stock. Weiss Ratings upgraded shares of Energy Transfer from a “buy (b)” rating to a “buy (b+)” rating in a report on Tuesday, August 11th. Royal Bank Of Canada reiterated an “outperform” rating and set a $23.00 target price (up from $21.00) on shares of Energy Transfer in a research note on Tuesday, July 21st. Citigroup reissued a “buy” rating and set a $24.00 price target (up from $23.00) on shares of Energy Transfer in a report on Friday, August 7th. Stifel Nicolaus raised their price target on Energy Transfer from $23.00 to $25.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Finally, Raymond James Financial reaffirmed a “strong-buy” rating on shares of Energy Transfer in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Energy Transfer presently has an average rating of “Moderate Buy” and an average target price of $24.08.

Energy Transfer Stock Performance

Energy Transfer stock opened at $21.18 on Tuesday. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.16 and a quick ratio of 0.94. The stock has a market capitalization of $72.93 billion, a PE ratio of 14.41, a price-to-earnings-growth ratio of 0.75 and a beta of 0.55. The business’s fifty day moving average is $19.93 and its 200 day moving average is $19.41. Energy Transfer has a one year low of $16.18 and a one year high of $21.64.

Energy Transfer (NYSE:ET) last announced its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.21. Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The firm had revenue of $34.33 billion for the quarter, compared to the consensus estimate of $27.71 billion. During the same quarter last year, the firm posted $0.32 EPS. The business’s quarterly revenue was up 78.4% compared to the same quarter last year. On average, sell-side analysts predict that Energy Transfer will post 1.63 EPS for the current year.

Energy Transfer Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Friday, August 7th were given a dividend of $0.34 per share. The ex-dividend date was Friday, August 7th. This is an increase from Energy Transfer’s previous quarterly dividend of $0.34. This represents a $1.36 annualized dividend and a dividend yield of 6.4%. Energy Transfer’s dividend payout ratio (DPR) is 92.52%.

Insider Activity

In other news, Director Kelcy L. Warren acquired 647,968 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The shares were acquired at an average cost of $21.26 per share, with a total value of $13,775,799.68. Following the acquisition, the director directly owned 147,901,879 shares of the company’s stock, valued at approximately $3,144,393,947.54. The trade was a 0.44% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director James Richard Perry purchased 12,359 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were acquired at an average cost of $20.23 per share, for a total transaction of $250,022.57. Following the purchase, 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 disclosure for this purchase is available in the SEC filing. Insiders bought 1,012,359 shares of company stock worth $21,513,543 over the last ninety days. Insiders own 3.28% of the company’s stock.

Institutional Trading of Energy Transfer

Several hedge funds have recently made changes to their positions in ET. Osbon Capital Management LLC purchased a new position in Energy Transfer in the second quarter worth about $25,000. Basepoint Wealth LLC purchased a new stake in Energy Transfer during the fourth quarter valued at approximately $25,000. Gables Capital Management Inc. raised its position in Energy Transfer by 60.0% during the fourth quarter. Gables Capital Management Inc. now owns 1,600 shares of the pipeline company’s stock valued at $26,000 after purchasing an additional 600 shares during the period. Cassaday & Co Wealth Management LLC bought a new stake in shares of Energy Transfer in the 1st quarter valued at approximately $35,000. Finally, Sarver Vrooman Wealth Advisors bought a new stake in shares of Energy Transfer in the 4th quarter valued at approximately $32,000. 38.22% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Energy Transfer

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

• Positive Sentiment: Director Kelcy L. Warren purchased a combined 1,000,000 shares of Energy Transfer on August 18 and 19 for approximately $21.3 million. The purchases increased his ownership by roughly 0.68% and bring his holdings to nearly 147.9 million shares, signaling substantial insider confidence. SEC insider ownership filing
• Positive Sentiment: A bullish investment article highlighted Energy Transfer’s 6.3% yield, 32% year-over-year growth in partner-attributable distributable cash flow, 49% first-half conventional free-cash-flow growth and distribution coverage above 2.2 times. The company also raised 2026 EBITDA guidance to $18.8 billion-$19.1 billion, supporting the outlook for income and cash-flow growth. Energy Transfer: Strong Buy With A Path To 7% Yield On Cost
• Positive Sentiment: An analyst upgrade helped propel ET to a new one-year high, reinforcing the recent bullish momentum around the midstream operator. Energy Transfer Reaches New 1-Year High After Analyst Upgrade
• Neutral Sentiment: Commentary remains broadly favorable toward Energy Transfer as a diversified, fee-based pipeline operator with more than 125,000 miles of infrastructure and a substantial contracted project backlog. However, some valuation reviews describe the shares as attractive on traditional multiples but less compelling under broader valuation checks. Energy Transfer Stock Looks Reasonable On Earnings But Stretched On Broader Checks
• Negative Sentiment: Cooler U.S. weather forecasts pressured natural-gas prices by potentially reducing electricity demand for air conditioning. While Energy Transfer’s largely fee-based model limits direct commodity exposure, weaker gas prices can still affect sentiment toward the sector and certain growth opportunities. Cooler US Weather Forecasts Weigh on Nat-Gas Prices

About Energy Transfer

Energy Transfer (NYSE: ET) is a Dallas-based midstream energy company that develops and operates infrastructure for the transportation, storage and processing of hydrocarbons. The company’s operations focus on moving and storing natural gas, natural gas liquids (NGLs), crude oil and refined products through an integrated network of pipelines, terminals, storage facilities and processing plants. Energy Transfer provides core midstream services such as gathering, compression, fractionation, processing, and bulk transportation to support production and downstream supply chains.

Its asset base spans an extensive network across the United States, connecting producing regions, processing centers, petrochemical hubs and coastal and inland markets.