Evanson Financial LLC Takes Position in Energy Transfer LP $ET

Evanson Financial LLC purchased a new position in Energy Transfer LP (NYSE:ET) during the second quarter, HoldingsChannel.com reports. The fund purchased 83,013 shares of the pipeline company’s stock, valued at approximately $1,587,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Basepoint Wealth LLC purchased a new position in Energy Transfer during the fourth quarter valued at $25,000. Gables Capital Management Inc. boosted its holdings in Energy Transfer by 60.0% in the fourth 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 in the last quarter. Sarver Vrooman Wealth Advisors purchased a new stake in shares of Energy Transfer in the fourth quarter worth $32,000. Cassaday & Co Wealth Management LLC purchased a new stake in shares of Energy Transfer in the first quarter worth $35,000. Finally, Navalign LLC bought a new position in shares of Energy Transfer during the fourth quarter valued at $37,000. Hedge funds and other institutional investors own 38.22% of the company’s stock.

Trending Headlines about Energy Transfer

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

• Positive Sentiment: Energy Transfer is described as “firing on all growth cylinders,” with robust NGL export growth, high pipeline and fractionator utilization, and multi-year export capacity commitments. These factors improve visibility into long-term EBITDA and distribution growth. Management continues to target annual distribution growth of approximately 3% to 5%. Energy Transfer Is Now Finally Firing On All Growth Cylinders
• Positive Sentiment: Recent earnings momentum reinforces the bullish case. Energy Transfer reported quarterly earnings of $0.59 per share versus the $0.38 consensus estimate, while revenue of $34.33 billion exceeded the $27.71 billion forecast and increased 78.4% year over year. Energy Transfer Is A Beat And Raise Machine
• Positive Sentiment: Income-focused coverage highlights ET’s roughly 6.6% to nearly 7% yield and its dividend increase in 2026. The combination of rising profits and a substantial cash distribution is making the midstream partnership attractive to yield-seeking investors. These Outperforming Giants Are Boosting Dividends in 2026
• Positive Sentiment: Broader investment commentary identifies Energy Transfer as a potentially strong income holding, with natural-gas demand growth—including demand from data centers—and midstream infrastructure exposure supporting the long-term thesis. 4 High-Yield Energy Stocks With 6% and Higher Dividends Are Strong Buys Before September
• Neutral Sentiment: Growth investment is accelerating, but capital expenditures are expected to peak this year. Elevated spending and management’s targeted 4.0x–4.5x EBITDA leverage range remain important factors for investors monitoring cash flow and balance-sheet risk.
• Neutral Sentiment: Articles comparing ET with other income investments emphasize its high yield, but also note that bonds currently offer yields above 4%, giving income investors alternatives with potentially lower volatility. Realty Income, Energy Transfer, JEPQ, and SCHD: A Good Portfolio for Income?

Energy Transfer Stock Up 1.7%

Energy Transfer stock opened at $20.70 on Friday. The firm has a market cap of $71.21 billion, a price-to-earnings ratio of 14.08, a PEG ratio of 2.11 and a beta of 0.55. The stock has a fifty day simple moving average of $19.61 and a two-hundred day simple moving average of $19.20. Energy Transfer LP has a 12 month low of $16.18 and a 12 month high of $20.81. The company has a current ratio of 1.17, a quick ratio of 0.93 and a debt-to-equity ratio of 1.50.

Energy Transfer (NYSE:ET) last announced its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.21. The firm had revenue of $34.33 billion for the quarter, compared to the consensus estimate of $27.71 billion. Energy Transfer had a return on equity of 11.71% and a net margin of 4.87%.The company’s quarterly revenue was up 78.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.32 earnings per share. Equities analysts predict that Energy Transfer LP will post 1.44 EPS for the current fiscal year.

Energy Transfer Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Friday, August 7th will be given a $0.34 dividend. This is a positive change from Energy Transfer’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Friday, August 7th. This represents a $1.36 dividend on an annualized basis and a yield of 6.6%. Energy Transfer’s payout ratio is presently 92.52%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ET. Stifel Nicolaus lifted their price target on Energy Transfer from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. UBS Group reissued a “buy” rating on shares of Energy Transfer in a research report on Tuesday, May 12th. JPMorgan Chase & Co. raised their price objective on shares of Energy Transfer from $22.00 to $24.00 and gave the company an “overweight” rating in a research note on Tuesday, May 12th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $23.00 target price (up from $21.00) on shares of Energy Transfer in a report on Tuesday, July 21st. Finally, Scotiabank reiterated an “outperform” rating on shares of Energy Transfer in a research note on Tuesday, May 12th. Three 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. Based on data from MarketBeat, Energy Transfer has a consensus rating of “Buy” and an average price target of $23.58.

About Energy Transfer

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.