Allianz Asset Management GmbH Cuts Stake in Energy Transfer LP $ET

Allianz Asset Management GmbH lessened its position in Energy Transfer LP (NYSE:ET) by 9.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 2,567,014 shares of the pipeline company’s stock after selling 282,600 shares during the period. Allianz Asset Management GmbH owned approximately 0.07% of Energy Transfer worth $44,050,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC lifted its position in Energy Transfer by 93.4% in the fourth quarter. Brighton Jones LLC now owns 24,530 shares of the pipeline company’s stock valued at $481,000 after purchasing an additional 11,844 shares during the period. AQR Capital Management LLC raised its stake in shares of Energy Transfer by 62.8% during the 1st quarter. AQR Capital Management LLC now owns 21,041 shares of the pipeline company’s stock worth $391,000 after buying an additional 8,118 shares in the last quarter. DAVENPORT & Co LLC lifted its holdings in shares of Energy Transfer by 1.5% in the 2nd quarter. DAVENPORT & Co LLC now owns 110,838 shares of the pipeline company’s stock valued at $2,009,000 after buying an additional 1,687 shares during the period. Citizens National Bank Trust Department boosted its stake in shares of Energy Transfer by 25.0% in the second quarter. Citizens National Bank Trust Department now owns 5,000 shares of the pipeline company’s stock valued at $91,000 after buying an additional 1,000 shares in the last quarter. Finally, Maryland State Retirement & Pension System grew its holdings in Energy Transfer by 6.3% during the second quarter. Maryland State Retirement & Pension System now owns 2,783,399 shares of the pipeline company’s stock worth $50,463,000 after acquiring an additional 164,563 shares during the period. 38.22% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Kelcy L. Warren bought 1,000,000 shares of Energy Transfer stock in a transaction on Wednesday, November 19th. The shares were bought at an average cost of $16.95 per share, for a total transaction of $16,950,000.00. Following the acquisition, the director owned 104,577,803 shares in the company, valued at approximately $1,772,593,760.85. This trade represents a 0.97% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 3.28% of the company’s stock.

More Energy Transfer News

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

• Positive Sentiment: Unusually large call-option buying — Investors purchased ~1,035,701 call options on ET on Thursday, a ~2,076% jump versus the average daily call volume (47,587). Heavy call buying often signals bullish speculation or positioning ahead of catalysts (earnings, distribution/news) and can drive near-term upside pressure on the shares.
• Positive Sentiment: Consensus-upside from US Capital Advisors — Analyst J. Carreker raised multiple quarterly and annual EPS forecasts across FY2025–FY2027 (examples: FY2026 to $1.34 from $1.21; FY2027 to $1.43 from $1.25; several quarterly raises to mid-$0.30s). These raise the firm’s outlook closer to consensus ($1.46), signaling improving fundamentals or margin expectations that could support the stock over the next several quarters.
• Neutral Sentiment: Valuation and growth analysis after distribution hike — Recent coverage examines ET’s valuation following a distribution increase and a multi‑billion dollar growth plan; this frames upside drivers but also focuses attention on capital deployment and returns, which may lead to mixed investor reactions depending on execution risk. Assessing Energy Transfer (ET) Valuation After Its Latest Distribution Hike And Multi Billion Dollar Growth Plan
• Negative Sentiment: Relative underperformance vs. peers — Coverage notes ET underperformed competitors on a recent trading day despite daily gains, which can pressure sentiment if investors prefer peer exposure or view ET as lagging operationally or on guidance. Energy Transfer LP stock underperforms Tuesday when compared to competitors despite daily gains

Wall Street Analyst Weigh In

Several brokerages have commented on ET. UBS Group restated a “buy” rating on shares of Energy Transfer in a research report on Wednesday, January 7th. Morgan Stanley reduced their price objective on shares of Energy Transfer from $21.00 to $19.00 and set an “overweight” rating for the company in a research note on Tuesday, December 2nd. Barclays restated an “overweight” rating and set a $22.00 target price (down from $25.00) on shares of Energy Transfer in a research report on Monday, January 12th. Scotiabank reiterated an “outperform” rating on shares of Energy Transfer in a research report on Friday, January 16th. Finally, JPMorgan Chase & Co. lowered their price target on Energy Transfer from $22.00 to $21.00 and set an “overweight” rating on the stock in a report on Monday, November 24th. Twelve equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $21.50.

Energy Transfer Stock Down 0.9%

ET stock opened at $18.20 on Friday. The company’s 50 day simple moving average is $17.03 and its 200-day simple moving average is $17.11. The firm has a market capitalization of $62.48 billion, a PE ratio of 14.56, a P/E/G ratio of 0.95 and a beta of 0.66. Energy Transfer LP has a 12 month low of $14.60 and a 12 month high of $20.90. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.41 and a quick ratio of 1.14.

Energy Transfer (NYSE:ET) last posted its earnings results on Wednesday, November 5th. The pipeline company reported $0.28 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.06). The company had revenue of $19.95 billion during the quarter, compared to analysts’ expectations of $21.84 billion. Energy Transfer had a net margin of 5.66% and a return on equity of 10.71%. Energy Transfer’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.32 EPS. Equities analysts expect that Energy Transfer LP will post 1.46 earnings per share for the current fiscal year.

Energy Transfer Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Friday, February 6th will be given a dividend of $0.335 per share. The ex-dividend date is Friday, February 6th. This represents a $1.34 dividend on an annualized basis and a yield of 7.4%. This is a boost from Energy Transfer’s previous quarterly dividend of $0.33. Energy Transfer’s dividend payout ratio (DPR) is 106.40%.

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.