Finer Wealth Management Inc. Decreases Stock Position in Energy Transfer LP $ET

Finer Wealth Management Inc. reduced its position in Energy Transfer LP (NYSE:ET) by 83.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 28,445 shares of the pipeline company’s stock after selling 148,468 shares during the period. Finer Wealth Management Inc.’s holdings in Energy Transfer were worth $469,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in ET. Financial Life Planners purchased a new position in Energy Transfer in the 3rd quarter worth approximately $34,000. Core Alternative Capital purchased a new stake in Energy Transfer during the 3rd quarter valued at $46,000. Global Wealth Strategies & Associates raised its stake in Energy Transfer by 196.4% during the 4th quarter. Global Wealth Strategies & Associates now owns 2,964 shares of the pipeline company’s stock valued at $49,000 after buying an additional 1,964 shares during the last quarter. FSC Wealth Advisors LLC purchased a new stake in Energy Transfer during the 2nd quarter valued at $50,000. Finally, Golden State Wealth Management LLC raised its stake in Energy Transfer by 38.9% during the 3rd quarter. Golden State Wealth Management LLC now owns 2,918 shares of the pipeline company’s stock valued at $50,000 after buying an additional 817 shares during the last quarter. 38.22% of the stock is currently owned by hedge funds and other institutional investors.

Energy Transfer Trading Up 0.9%

NYSE:ET opened at $19.14 on Wednesday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.22 and a quick ratio of 0.90. The firm has a market capitalization of $65.83 billion, a price-to-earnings ratio of 15.81, a price-to-earnings-growth ratio of 1.06 and a beta of 0.62. Energy Transfer LP has a one year low of $14.90 and a one year high of $19.85. The business has a fifty day moving average price of $18.74 and a 200-day moving average price of $17.49.

Energy Transfer (NYSE:ET) last posted its quarterly earnings data 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 company had revenue of $25.32 billion during 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 company’s revenue for the quarter was up 29.6% on a year-over-year basis. During the same quarter last year, the company earned $0.29 earnings per share. Sell-side analysts forecast that Energy Transfer LP will post 1.46 EPS for the current year.

Energy Transfer Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Friday, February 6th were paid a $0.335 dividend. This is a positive change 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 currently 110.74%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Barclays reiterated 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. Truist Financial assumed coverage on shares of Energy Transfer in a research note on Tuesday, March 24th. They set a “buy” rating and a $23.00 target price for the company. Royal Bank Of Canada upgraded shares of Energy Transfer to a “moderate buy” rating in a research note on Monday, December 15th. Morgan Stanley boosted their target price on shares of Energy Transfer from $19.00 to $21.00 and gave the company an “equal weight” rating in a research note on Tuesday, March 10th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Energy Transfer in a research note on Wednesday, December 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $21.60.

Key Energy Transfer News

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

• Positive Sentiment: Seeking Alpha publishes a bullish take arguing ET remains a “golden goose” — highlights resumed growth, improving EBITDA coverage of debt, and rising distributions that support total-return potential. Energy Transfer Is Still A Golden Goose
• Positive Sentiment: Institutional buying: Sullivan Wood Capital has more than doubled its stake in ET, making it a significant holding — a vote of confidence from an active investor that can support sentiment and flows into the stock. Sullivan Wood Ownership Shift Highlights Energy Transfer Income And Risk Trade Off
• Positive Sentiment: Multiple investor-oriented outlets (The Motley Fool and others) continue to pitch ET as an attractive high-yield, toll-road pipeline play for income and value investors, reinforcing demand from yield-focused buyers. Hold These 3 High-Yield Pipeline Stocks Forever and Let the Income Roll In
• Neutral Sentiment: Upcoming catalyst: Energy Transfer announced it will release Q1 2026 results and host a conference call on May 5 (before market open); this creates a clear near-term event that can amplify moves depending on results and guidance. Energy Transfer Announces First Quarter 2026 Earnings Release and Earnings Call Timing
• Neutral Sentiment: Media attention and retail interest are elevated (Zacks, Yahoo, 247WallSt). Coverage and speculation on higher oil prices may support sentiment for energy names broadly, but impact on ET is indirect because its pipeline model is more fee-based. Is Trending Stock Energy Transfer LP (ET) a Buy Now?

Energy Transfer 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.