HORAN Wealth LLC Acquires Shares of 35,097 Energy Transfer LP $ET

HORAN Wealth LLC acquired a new stake in shares of Energy Transfer LP (NYSE:ET) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 35,097 shares of the pipeline company’s stock, valued at approximately $602,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ET. Envestnet Asset Management Inc. increased its holdings in Energy Transfer by 10.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 1,012,353 shares of the pipeline company’s stock valued at $17,372,000 after acquiring an additional 97,144 shares during the last quarter. Adell Harriman & Carpenter Inc. boosted its holdings in shares of Energy Transfer by 6.6% during the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 281,381 shares of the pipeline company’s stock valued at $4,828,000 after purchasing an additional 17,314 shares during the last quarter. Marco Investment Management LLC grew its position in shares of Energy Transfer by 36.3% during the third quarter. Marco Investment Management LLC now owns 37,705 shares of the pipeline company’s stock valued at $647,000 after purchasing an additional 10,046 shares in the last quarter. SP Asset Management LLC increased its holdings in shares of Energy Transfer by 13.1% in the third quarter. SP Asset Management LLC now owns 30,042 shares of the pipeline company’s stock worth $516,000 after purchasing an additional 3,481 shares during the last quarter. Finally, Commonwealth Retirement Investments LLC purchased a new stake in shares of Energy Transfer in the third quarter worth about $343,000. Institutional investors own 38.22% of the company’s stock.

Energy Transfer News Summary

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

• Positive Sentiment: Unusually large call-option buying — Investors purchased ~1,035,701 call options on ET on Thursday, a ~2,076% jump versus the average daily call volume (47,587). Heavy call buying often signals bullish speculation or positioning ahead of catalysts (earnings, distribution/news) and can drive near-term upside pressure on the shares.
• Positive Sentiment: Consensus-upside from US Capital Advisors — Analyst J. Carreker raised multiple quarterly and annual EPS forecasts across FY2025–FY2027 (examples: FY2026 to $1.34 from $1.21; FY2027 to $1.43 from $1.25; several quarterly raises to mid-$0.30s). These raise the firm’s outlook closer to consensus ($1.46), signaling improving fundamentals or margin expectations that could support the stock over the next several quarters.
• Neutral Sentiment: Valuation and growth analysis after distribution hike — Recent coverage examines ET’s valuation following a distribution increase and a multi‑billion dollar growth plan; this frames upside drivers but also focuses attention on capital deployment and returns, which may lead to mixed investor reactions depending on execution risk. Assessing Energy Transfer (ET) Valuation After Its Latest Distribution Hike And Multi Billion Dollar Growth Plan
• Negative Sentiment: Relative underperformance vs. peers — Coverage notes ET underperformed competitors on a recent trading day despite daily gains, which can pressure sentiment if investors prefer peer exposure or view ET as lagging operationally or on guidance. Energy Transfer LP stock underperforms Tuesday when compared to competitors despite daily gains

Analysts Set New Price Targets

ET has been the subject of several research analyst reports. UBS Group restated a “buy” rating on shares of Energy Transfer in a report on Wednesday, January 7th. Scotiabank reissued an “outperform” rating on shares of Energy Transfer in a report on Friday, January 16th. Royal Bank Of Canada raised shares of Energy Transfer to a “moderate buy” rating in a research note on Monday, December 15th. Jefferies Financial Group set a $17.00 price objective on shares of Energy Transfer and gave the company a “hold” rating in a research report on Tuesday, October 28th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Energy Transfer from $22.00 to $21.00 and set an “overweight” rating on the stock in a report on Monday, November 24th. Twelve research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $21.50.

Energy Transfer Stock Down 0.9%

NYSE ET opened at $18.20 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.41 and a debt-to-equity ratio of 1.50. Energy Transfer LP has a 52 week low of $14.60 and a 52 week high of $20.90. The firm has a market capitalization of $62.48 billion, a price-to-earnings ratio of 14.56, a PEG ratio of 0.95 and a beta of 0.66. The company has a fifty day moving average of $17.03 and a two-hundred day moving average of $17.11.

Energy Transfer (NYSE:ET) last announced its earnings results on Wednesday, November 5th. The pipeline company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.06). Energy Transfer had a net margin of 5.66% and a return on equity of 10.71%. The firm had revenue of $19.95 billion during the quarter, compared to analysts’ expectations of $21.84 billion. During the same period in the prior year, the company posted $0.32 EPS. The company’s revenue was down 3.9% compared to the same quarter last year. On average, analysts predict that Energy Transfer LP will post 1.46 earnings per share for the current year.

Energy Transfer Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Shareholders of record on Friday, February 6th will be paid a $0.335 dividend. The ex-dividend date of this dividend is 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 yield of 7.4%. Energy Transfer’s payout ratio is 106.40%.

Insider Transactions at Energy Transfer

In other Energy Transfer news, Director Kelcy L. Warren bought 1,000,000 shares of the company’s stock in a transaction on Wednesday, November 19th. The stock was acquired at an average price of $16.95 per share, for a total transaction of $16,950,000.00. Following the completion of the transaction, the director directly owned 104,577,803 shares of the company’s stock, valued at approximately $1,772,593,760.85. This represents a 0.97% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 3.28% of the stock is currently owned by insiders.

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.