Energy Transfer (NYSE:ET) Shares Up 1.4% – Time to Buy?

Energy Transfer LP (NYSE:ET)’s stock price shot up 1.4% on Tuesday . The company traded as high as $19.44 and last traded at $19.54. 7,933,203 shares were traded during mid-day trading, a decline of 41% from the average session volume of 13,346,710 shares. The stock had previously closed at $19.2610.

Trending Headlines about Energy Transfer

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

• Positive Sentiment: US Capital Advisors lifted its earnings forecasts for Energy Transfer across several quarters and full years, including higher estimates for FY2026, FY2027, FY2028, and multiple 2026–2027 quarterly periods, suggesting improving fundamentals and a more favorable outlook for Energy Transfer LP (NYSE: ET).
• Positive Sentiment: Broader analyst commentary has also been supportive, with Energy Transfer cited among attractive oil and gas names and receiving a higher price target from Morgan Stanley, adding to investor confidence in the stock. Energy Transfer (ET) Price Target Raised by Analysts
• Neutral Sentiment: These updates are analyst forecast revisions rather than a new operational announcement, so they are supportive for sentiment but do not by themselves change Energy Transfer’s reported results or guidance.

Wall Street Analyst Weigh In

A number of analysts recently commented on ET shares. TD Cowen reiterated a “buy” rating and issued a $23.00 price objective (up from $22.00) on shares of Energy Transfer in a research report on Wednesday, May 13th. Barclays reiterated an “overweight” rating and set a $23.00 price objective (up from $22.00) on shares of Energy Transfer in a report on Thursday, May 14th. Raymond James Financial reiterated a “strong-buy” rating on shares of Energy Transfer in a report on Wednesday, May 6th. Wells Fargo & Company boosted their target price on Energy Transfer from $23.00 to $25.00 and gave the company an “overweight” rating in a research note on Friday, March 13th. Finally, Truist Financial assumed coverage on Energy Transfer in a research note on Tuesday, March 24th. They issued a “buy” rating and a $23.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Energy Transfer presently has an average rating of “Buy” and a consensus target price of $23.45.

Energy Transfer Price Performance

The stock has a market cap of $67.24 billion, a price-to-earnings ratio of 16.28, a price-to-earnings-growth ratio of 1.12 and a beta of 0.55. The company has a 50-day simple moving average of $19.44 and a two-hundred day simple moving average of $18.19. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.93 and a current ratio of 1.17.

Energy Transfer (NYSE:ET) last posted its quarterly earnings results on Tuesday, May 5th. The pipeline company reported $0.35 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.05). The company had revenue of $27.77 billion for the quarter, compared to analyst estimates of $25.78 billion. Energy Transfer had a return on equity of 9.77% and a net margin of 4.66%.The firm’s revenue for the quarter was up 32.1% compared to the same quarter last year. During the same period last year, the firm earned $0.36 EPS. As a group, equities research analysts forecast that Energy Transfer LP will post 1.41 EPS for the current year.

Energy Transfer Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Friday, May 8th were issued a dividend of $0.3375 per share. This represents a $1.35 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date of this dividend was Friday, May 8th. This is a boost from Energy Transfer’s previous quarterly dividend of $0.34. Energy Transfer’s payout ratio is presently 112.50%.

Institutional Trading of Energy Transfer

Institutional investors have recently modified their holdings of the stock. Basepoint Wealth LLC bought a new stake in shares of Energy Transfer during the 4th quarter valued at $25,000. Gables Capital Management Inc. lifted its position in shares of Energy Transfer by 60.0% during the 4th quarter. Gables Capital Management Inc. now owns 1,600 shares of the pipeline company’s stock valued at $26,000 after acquiring an additional 600 shares during the period. Cassaday & Co Wealth Management LLC bought a new stake in shares of Energy Transfer during the 1st quarter valued at $35,000. Sarver Vrooman Wealth Advisors bought a new stake in shares of Energy Transfer during the 4th quarter valued at $32,000. Finally, Financial Life Planners bought a new stake in shares of Energy Transfer during the 3rd quarter valued at $34,000. 38.22% of the stock is currently owned by institutional investors.

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.