Tema ETFs LLC Boosts Stock Position in Energy Transfer LP $ET

Tema ETFs LLC boosted its holdings in shares of Energy Transfer LP (NYSE:ET) by 47.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,366,371 shares of the pipeline company’s stock after acquiring an additional 440,228 shares during the quarter. Tema ETFs LLC’s holdings in Energy Transfer were worth $26,125,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of ET. Brighton Jones LLC boosted its stake in shares of Energy Transfer by 93.4% during the fourth quarter. Brighton Jones LLC now owns 24,530 shares of the pipeline company’s stock valued at $481,000 after purchasing an additional 11,844 shares during the period. AQR Capital Management LLC increased its stake in Energy Transfer by 62.8% in the 1st quarter. AQR Capital Management LLC now owns 21,041 shares of the pipeline company’s stock worth $391,000 after buying an additional 8,118 shares during the period. Geode Capital Management LLC increased its stake in Energy Transfer by 6.2% in the 2nd quarter. Geode Capital Management LLC now owns 135,395 shares of the pipeline company’s stock worth $2,455,000 after buying an additional 7,901 shares during the period. Russell Investments Group Ltd. lifted its holdings in Energy Transfer by 436.5% during the 2nd quarter. Russell Investments Group Ltd. now owns 4,179 shares of the pipeline company’s stock valued at $76,000 after buying an additional 3,400 shares in the last quarter. Finally, Guggenheim Capital LLC lifted its holdings in Energy Transfer by 5.6% during the 2nd quarter. Guggenheim Capital LLC now owns 50,919 shares of the pipeline company’s stock valued at $923,000 after buying an additional 2,700 shares in the last quarter. Institutional investors own 38.22% of the company’s stock.

Insider Buying and Selling

In related news, Director James Richard Perry bought 12,359 shares of the stock in a transaction on Friday, August 7th. The stock was bought at an average price of $20.23 per share, for a total transaction of $250,022.57. Following the completion of the acquisition, the director directly owned 208,046 shares in the company, valued at approximately $4,208,770.58. This represents a 6.32% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 3.28% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on ET. UBS Group reissued a “buy” rating on shares of Energy Transfer in a research report on Tuesday, May 12th. Stifel Nicolaus raised their target price on shares of Energy Transfer from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Energy Transfer in a report on Friday, June 5th. Citigroup reissued a “buy” rating and issued a $24.00 price objective (up from $23.00) on shares of Energy Transfer in a research note on Friday. Finally, Scotiabank restated an “outperform” rating on shares of Energy Transfer in a report on Tuesday, May 12th. Three research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $23.75.

Energy Transfer Stock Up 1.0%

NYSE:ET opened at $20.80 on Wednesday. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.16 and a quick ratio of 0.94. Energy Transfer LP has a 1-year low of $16.18 and a 1-year high of $20.88. The company has a 50-day moving average of $19.68 and a 200 day moving average of $19.26. The firm has a market cap of $71.64 billion, a PE ratio of 14.15, a price-to-earnings-growth ratio of 2.02 and a beta of 0.55.

Energy Transfer (NYSE:ET) last posted its earnings results on Tuesday, August 4th. The pipeline company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.21. Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The business had revenue of $34.33 billion for the quarter, compared to the consensus estimate of $27.71 billion. During the same quarter last year, the firm posted $0.32 EPS. The company’s revenue for the quarter was up 78.4% on a year-over-year basis. As a group, research analysts anticipate that Energy Transfer LP will post 1.52 EPS for the current fiscal year.

Energy Transfer Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Friday, August 7th will be paid a dividend of $0.34 per share. This is a boost from Energy Transfer’s previous quarterly dividend of $0.34. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date is Friday, August 7th. Energy Transfer’s payout ratio is 92.52%.

Key Headlines Impacting Energy Transfer

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

• Positive Sentiment: Strong operating momentum: Energy Transfer reported second-quarter revenue of $34.33 billion, up 78.4% year over year and well above estimates, while EPS of $0.59 exceeded consensus by $0.21. The company also posted record volumes and raised guidance for a second consecutive time, strengthening expectations for future EBITDA and distributable cash flow growth. Energy Transfer: Expanding In All The Right Places For The AI Revolution
• Positive Sentiment: AI-related demand opportunity: Analysts see ET’s natural-gas pipeline and processing network benefiting from the data-center buildout, with contracted demand and a growing project backlog potentially providing multiyear earnings visibility. Energy Transfer: Expanding In All The Right Places For The AI Revolution
• Positive Sentiment: Income appeal: Recent coverage emphasizes 19 consecutive quarterly distribution increases, approximately 2.2 times distribution coverage and a roughly 6.6% yield. These metrics support the view that ET can continue growing its distribution while retaining cash for expansion. Energy Transfer Keeps Growing Its Dividend and Offers a 6.7% Yield Worth Considering
• Positive Sentiment: Insider confidence: Director James Richard Perry purchased 12,359 shares for approximately $250,023, increasing his direct ownership by 6.32%. Insider buying can provide a favorable signal about management’s view of the stock’s value. Insider Buying: Energy Transfer Director Purchases Stock
• Positive Sentiment: Analyst support: TD Cowen raised its price target to $25 from $24 and maintained a Buy rating. ET’s broader analyst consensus remains Buy, with an average target of $23.75 versus recent trading levels. Energy Transfer analyst coverage
• Neutral Sentiment: Zacks’ growth-stock assessment and additional commentary on future distribution growth reinforce the bullish narrative, but these are primarily opinion- and methodology-based signals rather than new company disclosures. Why Energy Transfer Is a Strong Growth Stock

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.