Energy Transfer (NYSE:ET) Director Kelcy Warren Buys 647,968 Shares

Energy Transfer LP (NYSE:ET) Director Kelcy Warren purchased 647,968 shares of Energy Transfer stock in a transaction dated Wednesday, August 19th. The stock was acquired at an average price of $21.26 per share, for a total transaction of $13,775,799.68. Following the completion of the acquisition, the director owned 147,901,879 shares of the company’s stock, valued at approximately $3,144,393,947.54. This trade represents a 0.44% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Energy Transfer Price Performance

Shares of ET stock opened at $21.18 on Friday. The stock has a 50 day moving average price of $19.93 and a 200 day moving average price of $19.41. Energy Transfer LP has a 52-week low of $16.18 and a 52-week high of $21.64. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.94 and a current ratio of 1.16. The firm has a market capitalization of $72.93 billion, a P/E ratio of 14.41, a P/E/G ratio of 0.75 and a beta of 0.55.

Energy Transfer (NYSE:ET) last announced its quarterly earnings data on Tuesday, August 4th. The pipeline company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.38 by $0.21. Energy Transfer had a return on equity of 11.55% and a net margin of 4.87%.The company had revenue of $34.33 billion for the quarter, compared to the consensus estimate of $27.71 billion. During the same quarter in the prior year, the company posted $0.32 EPS. Energy Transfer’s quarterly revenue was up 78.4% on a year-over-year basis. As a group, sell-side analysts predict that Energy Transfer LP will post 1.63 earnings per share for the current year.

Energy Transfer Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Friday, August 7th were paid a dividend of $0.34 per share. This is an increase 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 6.4%. The ex-dividend date of this dividend was Friday, August 7th. Energy Transfer’s payout ratio is presently 92.52%.

Hedge Funds Weigh In On Energy Transfer

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in Energy Transfer by 93.4% during the 4th quarter. Brighton Jones LLC now owns 24,530 shares of the pipeline company’s stock worth $481,000 after acquiring an additional 11,844 shares in the last quarter. AQR Capital Management LLC increased its position in Energy Transfer by 62.8% during the 1st quarter. AQR Capital Management LLC now owns 21,041 shares of the pipeline company’s stock valued at $391,000 after purchasing an additional 8,118 shares during the period. Geode Capital Management LLC increased its position in Energy Transfer by 6.2% during the 2nd quarter. Geode Capital Management LLC now owns 135,395 shares of the pipeline company’s stock valued at $2,455,000 after purchasing an additional 7,901 shares during the period. Russell Investments Group Ltd. raised its holdings in shares of Energy Transfer by 436.5% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,179 shares of the pipeline company’s stock valued at $76,000 after purchasing an additional 3,400 shares in the last quarter. Finally, Guggenheim Capital LLC raised its holdings in shares of Energy Transfer by 5.6% in the 2nd quarter. Guggenheim Capital LLC now owns 50,919 shares of the pipeline company’s stock valued at $923,000 after purchasing an additional 2,700 shares in the last quarter. Institutional investors own 38.22% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Wall Street Zen raised shares of Energy Transfer from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Stifel Nicolaus boosted their price objective on shares of Energy Transfer from $23.00 to $25.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Scotiabank restated an “outperform” rating on shares of Energy Transfer in a research note on Tuesday, May 12th. Weiss Ratings upgraded shares of Energy Transfer from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, August 11th. Finally, Barclays reaffirmed an “overweight” rating and set a $24.00 target price (up from $23.00) on shares of Energy Transfer in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $24.08.

More Energy Transfer News

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

• Positive Sentiment: Director Kelcy L. Warren purchased a combined 1,000,000 shares of Energy Transfer on August 18 and 19 for approximately $21.3 million. The purchases increased his ownership by roughly 0.68% and bring his holdings to nearly 147.9 million shares, signaling substantial insider confidence. SEC insider ownership filing
• Positive Sentiment: A bullish investment article highlighted Energy Transfer’s 6.3% yield, 32% year-over-year growth in partner-attributable distributable cash flow, 49% first-half conventional free-cash-flow growth and distribution coverage above 2.2 times. The company also raised 2026 EBITDA guidance to $18.8 billion-$19.1 billion, supporting the outlook for income and cash-flow growth. Energy Transfer: Strong Buy With A Path To 7% Yield On Cost
• Positive Sentiment: An analyst upgrade helped propel ET to a new one-year high, reinforcing the recent bullish momentum around the midstream operator. Energy Transfer Reaches New 1-Year High After Analyst Upgrade
• Neutral Sentiment: Commentary remains broadly favorable toward Energy Transfer as a diversified, fee-based pipeline operator with more than 125,000 miles of infrastructure and a substantial contracted project backlog. However, some valuation reviews describe the shares as attractive on traditional multiples but less compelling under broader valuation checks. Energy Transfer Stock Looks Reasonable On Earnings But Stretched On Broader Checks
• Negative Sentiment: Cooler U.S. weather forecasts pressured natural-gas prices by potentially reducing electricity demand for air conditioning. While Energy Transfer’s largely fee-based model limits direct commodity exposure, weaker gas prices can still affect sentiment toward the sector and certain growth opportunities. Cooler US Weather Forecasts Weigh on Nat-Gas Prices

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.