Energy Transfer (NYSE:ET) Upgraded by Truist Financial to Strong-Buy Rating

Truist Financial upgraded shares of Energy Transfer (NYSE:ET) to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.

ET has been the topic of a number of other reports. Barclays restated an “overweight” rating and issued a $22.00 price target (down from $25.00) on shares of Energy Transfer in a report on Monday, January 12th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Energy Transfer in a report on Wednesday, December 24th. Wells Fargo & Company upped their target price on shares of Energy Transfer from $23.00 to $25.00 and gave the stock an “overweight” rating in a research note on Friday, March 13th. Scotiabank reaffirmed an “outperform” rating on shares of Energy Transfer in a research report on Friday, January 16th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Energy Transfer in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $21.60.

Energy Transfer Price Performance

ET opened at $19.21 on Monday. The business has a fifty day moving average of $18.43 and a 200 day moving average of $17.36. Energy Transfer has a 52-week low of $14.60 and a 52-week high of $19.47. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.50. The stock has a market cap of $66.07 billion, a P/E ratio of 15.87, a PEG ratio of 1.05 and a beta of 0.63.

Energy Transfer (NYSE:ET) last released its earnings results on Tuesday, February 17th. The pipeline company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.09). Energy Transfer had a return on equity of 10.17% and a net margin of 5.11%.The business had revenue of $25.32 billion during the quarter, compared to analysts’ expectations of $23.56 billion. During the same quarter in the previous year, the business earned $0.29 EPS. The business’s revenue for the quarter was up 29.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Energy Transfer will post 1.46 EPS for the current year.

Energy Transfer Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Investors of record on Friday, February 6th were issued a $0.335 dividend. The ex-dividend date was Friday, February 6th. This is an increase from Energy Transfer’s previous quarterly dividend of $0.33. This represents a $1.34 annualized dividend and a dividend yield of 7.0%. Energy Transfer’s dividend payout ratio is presently 110.74%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Basepoint Wealth LLC bought a new stake in shares of Energy Transfer in the 4th quarter valued at about $25,000. Gables Capital Management Inc. lifted its position in shares of Energy Transfer by 60.0% in the 4th quarter. Gables Capital Management Inc. now owns 1,600 shares of the pipeline company’s stock worth $26,000 after purchasing an additional 600 shares during the period. Sarver Vrooman Wealth Advisors bought a new position in shares of Energy Transfer during the fourth quarter valued at approximately $32,000. Financial Life Planners bought a new position in shares of Energy Transfer during the third quarter valued at approximately $34,000. Finally, Navalign LLC purchased a new position in Energy Transfer during the fourth quarter valued at approximately $37,000. 38.22% of the stock is currently owned by institutional investors.

More Energy Transfer News

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

• Positive Sentiment: Truist started coverage on ET with a Buy rating and a $23 price target, signaling institutional conviction and providing visible upside for the stock. Truist Buy Rating via Benzinga
• Positive Sentiment: The Motley Fool highlights Energy Transfer as a top energy pick for retail investors, noting growing revenue opportunities tied to expanding data-center demand and midstream services that could support long-term distribution growth. The Best Energy Stock to Invest $1,000 in Right Now
• Positive Sentiment: A separate Fool piece emphasizes ET’s high distribution yield and midstream growth runway as drivers of total return over time, reinforcing the income-growth investment case. Could Investing $10,000 in Energy Transfer Make You a Millionaire?
• Neutral Sentiment: Zacks (syndicated via Yahoo Finance) notes ET is one of the most-watched tickers by its users — increased attention can amplify flows and volatility but doesn’t itself change fundamentals. Is Most-Watched Stock Energy Transfer LP (ET) Worth Betting on Now?
• Neutral Sentiment: US Capital Advisors published near-term EPS forecasts for FY2027 quarters (~$0.31–$0.33), which are inline with a modest earnings profile; these steady estimates temper extreme moves but don’t eliminate fundamentals-driven volatility. MarketBeat ET summary / analyst notes
• Negative Sentiment: Recent quarterly results showed an EPS miss (reported $0.25 vs. $0.34 expected), a reminder that near-term earnings surprises and commodity/volume swings can pressure the share price despite strategic positives. No external article provided

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.