FY2026 EPS Estimates for Energy Transfer Boosted by Analyst

Energy Transfer LP (NYSE:ET) – Research analysts at Scotiabank upped their FY2026 EPS estimates for shares of Energy Transfer in a report released on Thursday, September 10th. Scotiabank analyst B. Bingham now expects that the pipeline company will post earnings per share of $1.65 for the year, up from their prior forecast of $1.44. The consensus estimate for Energy Transfer’s current full-year earnings is $1.75 per share. Scotiabank also issued estimates for Energy Transfer’s FY2027 earnings at $1.65 EPS.

A number of other brokerages have also recently issued reports on ET. JPMorgan Chase & Co. upped their target price on Energy Transfer from $24.00 to $25.00 and gave the company an “overweight” rating in a research report on Friday, September 4th. Weiss Ratings upgraded shares of Energy Transfer from a “buy (b)” rating to a “buy (a-)” rating in a research report on Tuesday, September 8th. TD Cowen reaffirmed a “buy” rating and issued a $25.00 target price (up from $24.00) on shares of Energy Transfer in a report on Monday, August 10th. Barclays restated an “overweight” rating and issued a $24.00 price target (up from $23.00) on shares of Energy Transfer in a research report on Wednesday, August 5th. Finally, Stifel Nicolaus assumed coverage on Energy Transfer in a research note on Thursday, September 10th. They issued a “buy” rating and a $25.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $24.17.

Energy Transfer Stock Performance

Shares of ET stock opened at $21.46 on Tuesday. The stock’s 50-day moving average is $20.75 and its two-hundred day moving average is $19.76. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.94 and a current ratio of 1.16. Energy Transfer has a 1 year low of $16.18 and a 1 year high of $21.84. The firm has a market cap of $73.91 billion, a price-to-earnings ratio of 14.60, a PEG ratio of 0.71 and a beta of 0.57.

Energy Transfer (NYSE:ET) last announced its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.38 by $0.21. Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The firm had revenue of $34.33 billion for the quarter, compared to analyst estimates of $27.71 billion. During the same period last year, the business earned $0.32 EPS. Energy Transfer’s revenue for the quarter was up 78.4% compared to the same quarter last year.

Energy Transfer Increases Dividend

The firm 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 a positive change from Energy Transfer’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Friday, August 7th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.3%. Energy Transfer’s dividend payout ratio (DPR) is currently 92.52%.

Insider Activity at Energy Transfer

In other Energy Transfer news, Director James Perry purchased 12,359 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were purchased at an average cost of $20.23 per share, for a total transaction of $250,022.57. Following the completion of the purchase, the director directly owned 208,046 shares in the company, valued at $4,208,770.58. This represents a 6.32% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kelcy Warren acquired 647,968 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The shares were acquired at an average cost of $21.26 per share, for a total transaction of $13,775,799.68. Following the acquisition, the director directly owned 147,901,879 shares of the company’s stock, valued at $3,144,393,947.54. This trade represents a 0.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought a total of 1,012,359 shares of company stock valued at $21,513,543 over the last three months. Insiders own 3.28% of the company’s stock.

Hedge Funds Weigh In On Energy Transfer

Large investors have recently made changes to their positions in the stock. Alps Advisors Inc. raised its position in shares of Energy Transfer by 8.0% during the 4th quarter. Alps Advisors Inc. now owns 83,843,087 shares of the pipeline company’s stock worth $1,382,573,000 after purchasing an additional 6,192,066 shares during the last quarter. Mizuho Markets Americas LLC acquired a new stake in Energy Transfer during the 1st quarter valued at $61,760,000. SCS Capital Management LLC increased its position in Energy Transfer by 1,859.8% during the second quarter. SCS Capital Management LLC now owns 1,942,908 shares of the pipeline company’s stock worth $37,148,000 after buying an additional 1,843,771 shares in the last quarter. Bank of America Corp DE increased its position in Energy Transfer by 5.7% during the first quarter. Bank of America Corp DE now owns 30,956,358 shares of the pipeline company’s stock worth $597,458,000 after buying an additional 1,656,609 shares in the last quarter. Finally, Longfellow Investment Management Co. LLC raised its holdings in shares of Energy Transfer by 56.3% in the fourth quarter. Longfellow Investment Management Co. LLC now owns 3,028,233 shares of the pipeline company’s stock worth $49,936,000 after acquiring an additional 1,090,165 shares during the last quarter. Hedge funds and other institutional investors own 38.22% of the company’s stock.

About Energy Transfer

Energy Transfer LP (NYSE: ET) is a diversified midstream energy partnership that owns and operates infrastructure used to transport, store, process and market energy commodities. Its assets support the movement of natural gas, crude oil, natural gas liquids (NGLs), refined products and other hydrocarbon-based materials.

The company’s operations include natural gas gathering and processing, interstate and intrastate pipeline transportation, NGL fractionation and storage, crude oil and refined products transportation, and terminal services.