Energy Transfer (NYSE:ET) Research Coverage Started at Truist Financial

Truist Financial started coverage on shares of Energy Transfer (NYSE:ETFree Report) in a research note issued to investors on Tuesday, Marketbeat Ratings reports. The firm issued a buy rating and a $23.00 price objective on the pipeline company’s stock.

Several other research firms have also issued reports on ET. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Energy Transfer in a report on Wednesday, December 24th. Royal Bank Of Canada raised Energy Transfer to a “moderate buy” rating in a research report on Monday, December 15th. TD Cowen boosted their target price on Energy Transfer from $20.00 to $21.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. JPMorgan Chase & Co. reduced their target price on Energy Transfer from $22.00 to $21.00 and set an “overweight” rating on the stock in a research report on Monday, November 24th. Finally, Scotiabank reiterated an “outperform” rating on shares of Energy Transfer in a research note on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $21.60.

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Energy Transfer Stock Up 1.4%

NYSE:ET opened at $19.41 on Tuesday. The company’s 50-day simple moving average is $18.51 and its 200-day simple moving average is $17.39. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.90 and a current ratio of 1.22. Energy Transfer has a fifty-two week low of $14.60 and a fifty-two week high of $19.47. The stock has a market capitalization of $66.78 billion, a P/E ratio of 16.04, a P/E/G ratio of 1.07 and a beta of 0.63.

Energy Transfer (NYSE:ETGet Free Report) last posted its quarterly earnings data on Tuesday, February 17th. The pipeline company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.09). Energy Transfer had a return on equity of 10.17% and a net margin of 5.11%.The firm had revenue of $25.32 billion for the quarter, compared to the consensus estimate of $23.56 billion. During the same quarter last year, the firm earned $0.29 EPS. The company’s revenue was up 29.6% compared to the same quarter last year. On average, equities analysts anticipate that Energy Transfer will post 1.46 earnings per share for the current fiscal year.

Energy Transfer Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Friday, February 6th were issued a dividend of $0.335 per share. This represents a $1.34 dividend on an annualized basis and a dividend yield of 6.9%. This is a boost from Energy Transfer’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend was Friday, February 6th. Energy Transfer’s dividend payout ratio is presently 110.74%.

Institutional Trading of Energy Transfer

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Basepoint Wealth LLC acquired a new position in shares of Energy Transfer in the fourth quarter valued at about $25,000. Gables Capital Management Inc. lifted its holdings in shares of Energy Transfer by 60.0% during the fourth 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 acquired a new stake in shares of Energy Transfer during the fourth quarter worth about $32,000. Financial Life Planners purchased a new stake in Energy Transfer in the third quarter valued at approximately $34,000. Finally, Navalign LLC purchased a new stake in Energy Transfer in the fourth quarter valued at approximately $37,000. Institutional investors and hedge funds own 38.22% of the company’s stock.

Key Stories Impacting Energy Transfer

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

  • Positive Sentiment: Truist Securities initiated coverage of Energy Transfer with a buy/strong‑buy recommendation, a clear catalyst that typically supports share gains by attracting investor interest and capital. Truist initiates coverage
  • Positive Sentiment: Zacks highlighted that Energy Transfer outperformed the broader market on the session—an observation that cited the recent analyst upgrade and the company’s visible growth projects as reasons investors rotated into ET. Why the Market Dipped But ET Gained
  • Positive Sentiment: The Motley Fool included Energy Transfer among energy names singled out as attractive amid potential oil‑price volatility, noting ET’s commercially secured expansion projects — supportive for medium‑term growth expectations. Fool: 3 Energy Stocks
  • Neutral Sentiment: Sector note: Oneok (OKE) has rallied since its results, a reminder that pipeline peers’ moves and commodity price action can spill over into ET trading — a sector dynamic investors should watch but that isn’t specific to ET’s fundamentals. Oneok sector note
  • Negative Sentiment: US Capital Advisors cut multiple near‑term and medium‑term EPS estimates for Energy Transfer (Q1–Q4 2026 and FY2026/FY2027), lowering FY2026 to ~$1.17 from prior forecasts — a downward revision that could weigh on sentiment if other shops follow. US Capital Advisors cuts estimates

About Energy Transfer

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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.

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