Wells Fargo & Company Increases Energy Transfer (NYSE:ET) Price Target to $25.00

Energy Transfer (NYSE:ET) had its price target increased by equities research analysts at Wells Fargo & Company from $23.00 to $25.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has an “overweight” rating on the pipeline company’s stock. Wells Fargo & Company‘s target price would suggest a potential upside of 33.16% from the company’s current price.

A number of other brokerages have also weighed in on ET. Royal Bank Of Canada raised shares of Energy Transfer to a “moderate buy” rating in a research note on Monday, December 15th. Scotiabank reiterated an “outperform” rating on shares of Energy Transfer in a research note on Friday, January 16th. UBS Group reissued a “buy” rating on shares of Energy Transfer in a report on Wednesday, January 7th. Barclays restated an “overweight” rating and issued a $22.00 target price (down from $25.00) on shares of Energy Transfer in a research report on Monday, January 12th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Energy Transfer in a research report on Wednesday, December 24th. Ten research 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 stock has an average rating of “Moderate Buy” and a consensus target price of $21.60.

Energy Transfer Price Performance

Shares of NYSE ET opened at $18.78 on Friday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.90 and a current ratio of 1.22. The firm has a fifty day moving average of $18.13 and a 200 day moving average of $17.30. The firm has a market cap of $64.59 billion, a PE ratio of 15.52, a PEG ratio of 1.02 and a beta of 0.63. Energy Transfer has a one year low of $14.60 and a one year high of $19.30.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ET. Mountain Capital Investment Advisors Inc. increased its holdings in shares of Energy Transfer by 4.9% in the fourth quarter. Mountain Capital Investment Advisors Inc. now owns 12,007 shares of the pipeline company’s stock valued at $216,000 after purchasing an additional 560 shares during the last quarter. Marks Wealth LLC boosted its stake in Energy Transfer by 4.7% during the fourth quarter. Marks Wealth LLC now owns 12,560 shares of the pipeline company’s stock worth $207,000 after buying an additional 560 shares during the last quarter. Avos Capital Management LLC grew its holdings in Energy Transfer by 0.8% in the 4th quarter. Avos Capital Management LLC now owns 76,695 shares of the pipeline company’s stock valued at $1,265,000 after buying an additional 583 shares in the last quarter. SP Asset Management LLC increased its stake in shares of Energy Transfer by 2.0% in the 4th quarter. SP Asset Management LLC now owns 30,631 shares of the pipeline company’s stock worth $505,000 after acquiring an additional 589 shares during the last quarter. Finally, Gables Capital Management Inc. increased its stake in shares of 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 acquiring an additional 600 shares during the last quarter. 38.22% of the stock is currently owned by institutional investors and hedge funds.

More Energy Transfer News

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

• Positive Sentiment: Wells Fargo raised its price target to $25 and moved ET to an “overweight” rating, implying roughly 33% upside from current levels — a clear catalyst for buying interest. Article Title
• Positive Sentiment: Morgan Stanley increased its price target to $21, reinforcing the analyst-driven bid into the stock. Article Title
• Positive Sentiment: Market reports note ET is trading up following analyst upgrades, reflecting immediate buying flow tied to the research calls. Article Title
• Positive Sentiment: Macro energy news — oil futures spiking toward $100 on Iran/Strait of Hormuz tensions — is lifting midstream names and ETF interest, which benefits ET’s fee-based transport and storage business. 4 ETFs That Are Worth Buying For $100 Oil
• Positive Sentiment: Investor pieces highlighting ET as a reliable dividend stock and a high-yield pipeline pick are supporting longer-term demand from income-focused buyers. Stock Market Crash: The Best Dividend Stocks to Buy Right Now
• Positive Sentiment: Additional retail coverage lists ET among high-yield pipeline names to buy and hold, reinforcing the narrative of stable cash flow and distribution support. 3 High-Yield Pipeline Stocks to Buy Now and Hold Forever
• Neutral Sentiment: News wires and market summaries reporting recent intraday gains provide confirmation of the move but add little new fundamental information. Article Title
• Neutral Sentiment: Coverage weighing dividend yield scenarios and geopolitical comments from the White House highlights uncertainty about how policy shifts could swing oil and midstream sentiment. Article Title
• Negative Sentiment: The planned U.S. Strategic Petroleum Reserve release (172M barrels) is a potential headwind for oil prices; lower crude could reduce short-term volumes or margin pressure for some midstream segments even though past SPR actions sometimes benefited ET. Monitor how the SPR and supply flows evolve. Prediction: One Surprise Winner Emerges as Strategic Reserves Are Released

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.