Energy Transfer (NYSE:ET) Coverage Initiated by Analysts at Truist Financial

Truist Financial started coverage on shares of Energy Transfer (NYSE:ET) in a research report report published on Tuesday morning, Marketbeat Ratings reports. The brokerage issued a buy rating and a $23.00 target price on the pipeline company’s stock.

Several other research firms have also issued reports on ET. JPMorgan Chase & Co. decreased their target price on Energy Transfer from $22.00 to $21.00 and set an “overweight” rating for the company in a research report on Monday, November 24th. Morgan Stanley increased their price target on shares of Energy Transfer from $19.00 to $21.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 10th. Jefferies Financial Group reissued a “hold” rating on shares of Energy Transfer in a research note on Wednesday, February 18th. Weiss Ratings restated a “buy (b-)” rating on shares of Energy Transfer in a report on Wednesday, December 24th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Energy Transfer in a research note on Friday, January 16th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $21.60.

Energy Transfer Stock Performance

ET stock opened at $19.21 on Tuesday. Energy Transfer has a twelve month low of $14.60 and a twelve month high of $19.47. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.50. The company has a market cap of $66.07 billion, a P/E ratio of 15.87, a price-to-earnings-growth ratio of 1.05 and a beta of 0.63. The business’s fifty day moving average is $18.43 and its 200-day moving average is $17.36.

Energy Transfer (NYSE:ET) last announced its quarterly earnings data on Tuesday, February 17th. The pipeline company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.09). The company had revenue of $25.32 billion for the quarter, compared to analyst estimates of $23.56 billion. Energy Transfer had a return on equity of 10.17% and a net margin of 5.11%.The firm’s revenue for the quarter was up 29.6% on a year-over-year basis. During the same period last year, the firm earned $0.29 earnings per share. Equities research analysts forecast that Energy Transfer will post 1.46 EPS for the current year.

Energy Transfer Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Friday, February 6th were issued a dividend of $0.335 per share. This is a boost from Energy Transfer’s previous quarterly dividend of $0.33. The ex-dividend date was Friday, February 6th. This represents a $1.34 annualized dividend and a dividend yield of 7.0%. Energy Transfer’s dividend payout ratio (DPR) is presently 110.74%.

Institutional Trading of Energy Transfer

A number of large investors have recently bought and sold shares of ET. Basepoint Wealth LLC acquired a new stake in shares of Energy Transfer during the fourth quarter worth $25,000. Gables Capital Management Inc. boosted its stake in Energy Transfer by 60.0% in the 4th quarter. Gables Capital Management Inc. now owns 1,600 shares of the pipeline company’s stock worth $26,000 after purchasing an additional 600 shares during the period. Sarver Vrooman Wealth Advisors bought a new position in Energy Transfer during the 4th quarter worth about $32,000. Financial Life Planners bought a new position in Energy Transfer during the 3rd quarter worth about $34,000. Finally, Navalign LLC acquired a new stake in shares of Energy Transfer in the 4th quarter valued at about $37,000. 38.22% of the stock is owned by institutional investors.

More Energy Transfer News

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

• Positive Sentiment: Truist started coverage on ET with a Buy rating and a $23 price target, signaling institutional conviction and providing visible upside for the stock. Truist Buy Rating via Benzinga
• Positive Sentiment: The Motley Fool highlights Energy Transfer as a top energy pick for retail investors, noting growing revenue opportunities tied to expanding data-center demand and midstream services that could support long-term distribution growth. The Best Energy Stock to Invest $1,000 in Right Now
• Positive Sentiment: A separate Fool piece emphasizes ET’s high distribution yield and midstream growth runway as drivers of total return over time, reinforcing the income-growth investment case. Could Investing $10,000 in Energy Transfer Make You a Millionaire?
• Neutral Sentiment: Zacks (syndicated via Yahoo Finance) notes ET is one of the most-watched tickers by its users — increased attention can amplify flows and volatility but doesn’t itself change fundamentals. Is Most-Watched Stock Energy Transfer LP (ET) Worth Betting on Now?
• Neutral Sentiment: US Capital Advisors published near-term EPS forecasts for FY2027 quarters (~$0.31–$0.33), which are inline with a modest earnings profile; these steady estimates temper extreme moves but don’t eliminate fundamentals-driven volatility. MarketBeat ET summary / analyst notes
• Negative Sentiment: Recent quarterly results showed an EPS miss (reported $0.25 vs. $0.34 expected), a reminder that near-term earnings surprises and commodity/volume swings can pressure the share price despite strategic positives. No external article provided

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.