FY2026 EPS Estimates for Energy Transfer Raised by Analyst

Energy Transfer LP (NYSE:ET) – Equities research analysts at Scotiabank lifted their FY2026 EPS estimates for Energy Transfer in a research note issued to investors on Friday, April 17th. Scotiabank analyst B. Bingham now forecasts that the pipeline company will post earnings of $1.45 per share for the year, up from their prior estimate of $1.35. Scotiabank has a “Outperform” rating on the stock. The consensus estimate for Energy Transfer’s current full-year earnings is $1.50 per share.

Energy Transfer (NYSE:ET) last posted 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). The business 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 business’s revenue 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.

ET has been the topic of a number of other reports. Morgan Stanley lifted their target price on shares of Energy Transfer from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 10th. TD Cowen lifted their target price on shares of Energy Transfer from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Energy Transfer in a research note on Wednesday, February 18th. Wells Fargo & Company lifted their target price on shares of Energy Transfer from $23.00 to $25.00 and gave the stock an “overweight” rating in a research note on Friday, March 13th. Finally, Barclays reaffirmed an “overweight” rating and set a $22.00 target price (down from $25.00) on shares of Energy Transfer in a research note on Monday, January 12th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $21.60.

Energy Transfer Stock Performance

ET opened at $19.06 on Wednesday. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 1.50. The firm’s 50-day moving average price is $18.90 and its 200 day moving average price is $17.62. Energy Transfer has a twelve month low of $15.80 and a twelve month high of $19.85. The firm has a market capitalization of $65.56 billion, a PE ratio of 15.75, a PEG ratio of 1.04 and a beta of 0.62.

Institutional Investors Weigh In On Energy Transfer

Institutional investors and hedge funds have recently made changes to their positions in the stock. Lee Financial Co raised its stake in shares of Energy Transfer by 359.7% in the 3rd quarter. Lee Financial Co now owns 193,817 shares of the pipeline company’s stock valued at $3,326,000 after acquiring an additional 151,657 shares during the period. Eagle Global Advisors LLC raised its stake in shares of Energy Transfer by 6.0% in the 3rd quarter. Eagle Global Advisors LLC now owns 6,466,059 shares of the pipeline company’s stock valued at $110,958,000 after acquiring an additional 363,623 shares during the period. Maryland State Retirement & Pension System raised its stake in shares of Energy Transfer by 5.2% in the 3rd quarter. Maryland State Retirement & Pension System now owns 2,927,436 shares of the pipeline company’s stock valued at $50,235,000 after acquiring an additional 144,037 shares during the period. Fidelis Capital Partners LLC raised its stake in shares of Energy Transfer by 150.2% in the 3rd quarter. Fidelis Capital Partners LLC now owns 105,003 shares of the pipeline company’s stock valued at $1,802,000 after acquiring an additional 63,043 shares during the period. Finally, Miller Howard Investments Inc. NY raised its stake in shares of Energy Transfer by 2.6% in the 3rd quarter. Miller Howard Investments Inc. NY now owns 5,351,145 shares of the pipeline company’s stock valued at $91,826,000 after acquiring an additional 136,507 shares during the period. 38.22% of the stock is owned by hedge funds and other institutional investors.

Energy Transfer Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Shareholders of record on Friday, February 6th were paid a dividend of $0.335 per share. This represents a $1.34 dividend on an annualized basis and a yield of 7.0%. This is a boost from Energy Transfer’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend was Friday, February 6th. Energy Transfer’s payout ratio is presently 110.74%.

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.