FY2026 EPS Forecast for Energy Transfer Increased by Analyst

Energy Transfer LP (NYSE:ET) – Stock analysts at Scotiabank lifted their FY2026 earnings per share (EPS) estimates for shares of Energy Transfer in a research report issued to clients and investors on Thursday, September 10th. Scotiabank analyst B. Bingham now expects that the pipeline company will post earnings of $1.65 per share for the year, up from their previous 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.

Several other analysts have also recently issued reports on the stock. Citigroup reissued a “buy” rating and set a $24.00 price objective (up from $23.00) on shares of Energy Transfer in a research note on Friday, August 7th. Barclays restated an “overweight” rating and issued a $24.00 price objective (up from $23.00) on shares of Energy Transfer in a report on Wednesday, August 5th. Royal Bank Of Canada reiterated an “outperform” rating and set a $23.00 target price (up from $21.00) on shares of Energy Transfer in a report on Tuesday, July 21st. Truist Financial increased 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, August 12th. Finally, JPMorgan Chase & Co. raised their price target on shares of Energy Transfer from $24.00 to $25.00 and gave the company an “overweight” rating in a report on Friday, September 4th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $24.17.

Energy Transfer Stock Performance

Shares of ET stock opened at $21.46 on Tuesday. 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 $73.91 billion, a price-to-earnings ratio of 14.60, a price-to-earnings-growth ratio of 0.71 and a beta of 0.57. Energy Transfer has a one year low of $16.18 and a one year high of $21.84. The company has a 50 day moving average price of $20.75 and a 200 day moving average price of $19.76.

Energy Transfer (NYSE:ET) last announced its quarterly earnings data on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share 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 business had revenue of $34.33 billion for the quarter, compared to analyst estimates of $27.71 billion. During the same period in the prior year, the firm posted $0.32 EPS. The company’s revenue was up 78.4% on a year-over-year basis.

Energy Transfer Increases Dividend

The company also recently disclosed 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 6.3%. The ex-dividend date was Friday, August 7th. Energy Transfer’s payout ratio is 92.52%.

Insiders Place Their Bets

In other news, Director James Perry acquired 12,359 shares of the business’s stock in a transaction on Friday, August 7th. The shares were purchased at an average price of $20.23 per share, for a total transaction of $250,022.57. Following the acquisition, the director directly owned 208,046 shares of the company’s stock, valued at $4,208,770.58. This represents a 6.32% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kelcy L. Warren bought 647,968 shares of the stock in a transaction dated Wednesday, August 19th. The shares were acquired at an average price of $21.26 per share, with a total value of $13,775,799.68. Following the completion of the purchase, the director directly owned 147,901,879 shares of the company’s stock, valued at approximately $3,144,393,947.54. This represents a 0.44% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Over the last three months, insiders have bought 1,012,359 shares of company stock worth $21,513,543. Corporate insiders own 3.28% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of ET. Alps Advisors Inc. raised its position in shares of Energy Transfer by 8.0% in the 4th quarter. Alps Advisors Inc. now owns 83,843,087 shares of the pipeline company’s stock valued at $1,382,573,000 after purchasing an additional 6,192,066 shares in the last quarter. Bank of America Corp DE raised its holdings in Energy Transfer by 5.7% in the first quarter. Bank of America Corp DE now owns 30,956,358 shares of the pipeline company’s stock valued at $597,458,000 after acquiring an additional 1,656,609 shares in the last quarter. Energy Income Partners LLC raised its holdings in Energy Transfer by 1.8% in the second quarter. Energy Income Partners LLC now owns 25,654,536 shares of the pipeline company’s stock valued at $490,515,000 after acquiring an additional 447,081 shares in the last quarter. Clearbridge Investments LLC boosted its stake in Energy Transfer by 3.0% during the 4th quarter. Clearbridge Investments LLC now owns 13,014,994 shares of the pipeline company’s stock valued at $214,617,000 after acquiring an additional 374,000 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in Energy Transfer by 3.2% during the 4th quarter. LPL Financial LLC now owns 7,696,319 shares of the pipeline company’s stock worth $126,912,000 after acquiring an additional 235,863 shares in the last quarter. Institutional investors and hedge funds 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.