Truist Financial upgraded shares of Energy Transfer (NYSE:ET – Free Report) to a strong-buy rating in a research report report published on Monday morning,Zacks.com reports.
A number of other research firms have also issued reports on ET. Scotiabank reaffirmed an “outperform” rating on shares of Energy Transfer in a report on Friday, January 16th. Weiss Ratings reissued a “buy (b-)” rating on shares of Energy Transfer in a research note on Wednesday, December 24th. Barclays restated an “overweight” rating and set a $22.00 price target (down from $25.00) on shares of Energy Transfer in a research report on Monday, January 12th. Wells Fargo & Company upped their price objective on shares of Energy Transfer from $23.00 to $25.00 and gave the company an “overweight” rating in a research note on Friday, March 13th. Finally, Jefferies Financial Group reiterated a “hold” rating on shares of Energy Transfer in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.60.
Get Our Latest Analysis on Energy Transfer
Energy Transfer Stock Performance
Energy Transfer (NYSE:ET – Get Free Report) last issued its quarterly earnings results on Tuesday, February 17th. The pipeline company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.09). The firm had revenue of $25.32 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.29 earnings per share. As a group, equities research analysts expect that Energy Transfer will post 1.46 earnings per share for the current fiscal year.
Energy Transfer Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Investors of record on Friday, February 6th were given a $0.335 dividend. The ex-dividend date was Friday, February 6th. This is a positive change from Energy Transfer’s previous quarterly dividend of $0.33. This represents a $1.34 annualized dividend and a yield of 7.0%. Energy Transfer’s dividend payout ratio (DPR) is currently 110.74%.
Institutional Investors Weigh In On Energy Transfer
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Basepoint Wealth LLC purchased a new position in shares of Energy Transfer during the 4th quarter worth $25,000. Gables Capital Management Inc. raised its holdings 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 valued at $26,000 after buying an additional 600 shares during the period. Sarver Vrooman Wealth Advisors purchased a new stake in Energy Transfer in the 4th quarter valued at about $32,000. Financial Life Planners acquired a new position in Energy Transfer in the third quarter valued at about $34,000. Finally, Navalign LLC acquired a new position in Energy Transfer in the fourth quarter valued at about $37,000. Hedge funds and other 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: Truist (and media reports) initiated coverage with a buy/strong‑buy and set a $23 price target (≈20% upside vs. the current level) — a catalyst that can draw inflows and support the stock. Truist Initiates Coverage
- Positive Sentiment: Sector/stock bullish writeups highlight ET’s large pipeline of commercially secured expansion projects and potential demand tailwinds (e.g., data centers), reinforcing longer‑term growth and income narratives for income‑oriented investors. Fool: Iran Talks / Energy Picks
- Neutral Sentiment: Media interest and screens are highlighting ET as a “most‑watched” stock, which can increase short‑term volatility and trading volume but doesn’t by itself change fundamentals. Yahoo: Most‑Watched Stock
- Neutral Sentiment: Bullish commentary from independent investors/analysts argues ET remains undervalued on cash flow and growth projects; useful context for long‑term investors but not an immediate earnings catalyst. Seeking Alpha: Undervalued Thesis
- Negative Sentiment: US Capital Advisors cut multiple 2026–2027 quarterly and full‑year EPS forecasts (FY2026 lowered from $1.34 to $1.17; FY2027 trimmed to $1.26 from $1.43; Q1–Q4 2026 quarterly cuts), which directly pressures near‑term earnings expectations and could temper trader sentiment. These downward revisions are the primary short‑term bearish driver. (Source: firm research summaries)
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.
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