Energy Transfer (ET) – Research Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of Energy Transfer (NYSE: ET) recently:

• 5/26/2026 – Energy Transfer was upgraded by Jefferies Financial Group Inc. from “hold” to “buy”. They now have a $23.00 price target on the stock.
• 5/14/2026 – Energy Transfer had its “overweight” rating reaffirmed by Barclays PLC. They now have a $23.00 price target on the stock, up from $22.00.
• 5/13/2026 – Energy Transfer had its “buy” rating reaffirmed by TD Cowen. They now have a $23.00 price target on the stock, up from $22.00.
• 5/12/2026 – Energy Transfer had its “outperform” rating reaffirmed by Scotiabank.
• 5/12/2026 – Energy Transfer had its “buy” rating reaffirmed by UBS Group AG.
• 5/12/2026 – Energy Transfer had its price target raised by Scotiabank from $22.00 to $24.00. They now have a “sector outperform” rating on the stock.
• 5/12/2026 – Energy Transfer had its price target raised by JPMorgan Chase & Co. from $22.00 to $24.00. They now have an “overweight” rating on the stock.
• 5/7/2026 – Energy Transfer had its “buy” rating reaffirmed by Citigroup Inc.. They now have a $23.00 price target on the stock, up from $22.00.
• 5/6/2026 – Energy Transfer had its “strong-buy” rating reaffirmed by Raymond James Financial, Inc..
• 5/6/2026 – Energy Transfer had its “hold” rating reaffirmed by Jefferies Financial Group Inc..
• 5/6/2026 – Energy Transfer had its price target raised by Stifel Nicolaus from $23.00 to $25.00. They now have a “buy” rating on the stock.

Energy Transfer Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Friday, May 8th were given a dividend of $0.3375 per share. The ex-dividend date was Friday, May 8th. This represents a $1.35 annualized dividend and a dividend yield of 6.9%. This is an increase from Energy Transfer’s previous quarterly dividend of $0.34. Energy Transfer’s dividend payout ratio is currently 112.50%.

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.