TD Cowen Issues Positive Forecast for Energy Transfer (NYSE:ET) Stock Price

Energy Transfer (NYSE:ET) had its price objective boosted by TD Cowen from $20.00 to $21.00 in a research note released on Wednesday, MarketBeat.com reports. The brokerage currently has a buy rating on the pipeline company’s stock.

Several other equities analysts have also recently commented on the stock. JPMorgan Chase & Co. dropped their target price on shares of Energy Transfer from $22.00 to $21.00 and set an “overweight” rating on the stock in a research report on Monday, November 24th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Energy Transfer in a report on Wednesday, December 24th. Barclays reissued an “overweight” rating and issued a $22.00 price objective (down previously from $25.00) on shares of Energy Transfer in a research report on Monday, January 12th. Morgan Stanley reduced their price objective on Energy Transfer from $21.00 to $19.00 and set an “overweight” rating for the company in a research note on Tuesday, December 2nd. Finally, UBS Group reiterated a “buy” rating on shares of Energy Transfer in a research note on Wednesday, January 7th. Eleven analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $21.27.

Energy Transfer Price Performance

ET opened at $18.87 on Wednesday. Energy Transfer has a 1 year low of $14.60 and a 1 year high of $20.51. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.41 and a quick ratio of 1.14. The company has a market capitalization of $64.77 billion, a price-to-earnings ratio of 15.59, a P/E/G ratio of 0.96 and a beta of 0.66. The firm’s fifty day moving average price is $17.34 and its two-hundred day moving average price is $17.15.

Energy Transfer (NYSE:ET) last released its quarterly earnings results on Tuesday, February 17th. The pipeline company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.09). Energy Transfer had a net margin of 5.11% and a return on equity of 10.38%. The firm had revenue of $25.32 billion for the quarter, compared to the consensus estimate of $23.56 billion. During the same period in the previous year, the business earned $0.29 earnings per share. The firm’s revenue for the quarter was up 29.6% on a year-over-year basis. As a group, analysts anticipate that Energy Transfer will post 1.46 earnings per share for the current fiscal year.

Energy Transfer Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Investors of record on Friday, February 6th will be paid a $0.335 dividend. The ex-dividend date is Friday, February 6th. This represents a $1.34 dividend on an annualized basis and a yield of 7.1%. This is an increase from Energy Transfer’s previous quarterly dividend of $0.33. Energy Transfer’s dividend payout ratio (DPR) is presently 107.20%.

Institutional Trading of Energy Transfer

Hedge funds and other institutional investors have recently modified their holdings of the business. Brighton Jones LLC lifted its holdings in shares of Energy Transfer by 93.4% in the fourth quarter. Brighton Jones LLC now owns 24,530 shares of the pipeline company’s stock worth $481,000 after buying an additional 11,844 shares in the last quarter. AQR Capital Management LLC increased its holdings in 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 acquiring an additional 8,118 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in Energy Transfer by 9.6% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 34,400 shares of the pipeline company’s stock worth $624,000 after acquiring an additional 3,000 shares during the period. Probity Advisors Inc. lifted its stake in Energy Transfer by 26.6% in the 2nd quarter. Probity Advisors Inc. now owns 16,209 shares of the pipeline company’s stock worth $294,000 after purchasing an additional 3,401 shares in the last quarter. Finally, D.A. Davidson & CO. boosted its holdings in Energy Transfer by 9.0% in the 2nd quarter. D.A. Davidson & CO. now owns 399,826 shares of the pipeline company’s stock valued at $7,249,000 after purchasing an additional 33,167 shares during the period. Institutional investors own 38.22% of the company’s stock.

Energy Transfer News Roundup

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

• Positive Sentiment: TD Cowen bumped its price target to $21 and maintains a “buy” rating, implying more upside from current levels and giving institutional support to the stock’s near-term outlook.
• Positive Sentiment: Analyst and retail commentary emphasize ET’s high yield and improving cash flow fundamentals after record operational results; The Motley Fool notes record results that underpin a 7.2% yield and a stronger financial position heading into 2026. Energy Transfer’s Record Results Put Its 7.2%-Yielding Dividend on a Rock-Solid Foundation
• Positive Sentiment: Seeking Alpha retail coverage is bullish, urging investors to “scoop up” ET for its high yield and distribution reliability—attention that can attract income-focused buyers. Energy Transfer: Scoop Up This High-Yielding Deal Now
• Positive Sentiment: Commentary argues that selling on the Q4 EPS miss could be premature—analysts point to record volumes, EBITDA and a visible project backlog that support distributions and midstream cash flows. Selling Energy Transfer stock on Q4 earnings miss may be a mistake
• Neutral Sentiment: MarketBeat’s “Value or Growth” piece positions ET as the income-oriented way to play the energy transition (record adjusted EBITDA, higher throughput, $4.5B organic capex), useful context for investors deciding between yield vs. growth exposure. Value or Growth: 2 Ways to Invest in the Energy Transition (ET)
• Negative Sentiment: Q4 EPS missed consensus (reported $0.25 vs. $0.34 expected) and net income declined year-over-year despite a strong revenue beat; this creates short-term performance pressure and gives critics ammunition to question near-term earnings quality. Energy Transfer Q4 Earnings Miss Estimates, Revenues Increase Y/Y
• Negative Sentiment: Longer-form critique notes another year of comparatively poor total returns to unitholders despite distribution support, reminding investors that yield alone doesn’t guarantee share-price appreciation. Energy Transfer: Another Year Of Comparatively Poor Returns To Investors

Energy Transfer Company Profile

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.