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

Key Points

• Truist Financial upgraded Energy Transfer (NYSE:ET) to a "Strong-Buy" and set a $23 price target, signaling fresh institutional conviction amid generally positive analyst coverage.
• The most recent quarter showed an EPS miss ($0.25 vs. $0.34 expected) but revenue rose 29.6% to $25.32 billion, topping estimates, while the stock trades near $19 with a consensus analyst target of $21.60 (consensus "Moderate Buy").

Energy Transfer (NYSE:ET - Get Free Report) was upgraded by equities research analysts at Truist Financial to a "strong-buy" rating in a report issued on Monday,Zacks.com reports.

A number of other equities research analysts have also recently weighed in on the company. Weiss Ratings restated a "buy (b-)" rating on shares of Energy Transfer in a report on Wednesday, December 24th. Jefferies Financial Group reiterated a "hold" rating on shares of Energy Transfer in a research report on Wednesday, February 18th. Barclays reissued an "overweight" rating and issued a $22.00 target price (down from $25.00) on shares of Energy Transfer in a report on Monday, January 12th. JPMorgan Chase & Co. dropped their price target on Energy Transfer from $22.00 to $21.00 and set an "overweight" rating for the company in a research report on Monday, November 24th. Finally, UBS Group reaffirmed a "buy" rating on shares of Energy Transfer in a research note on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $21.60.

Energy Transfer Stock Up 0.8%

ET stock opened at $19.21 on Monday. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 1.50. The company's 50-day moving average price is $18.43 and its 200 day moving average price is $17.36. Energy Transfer has a 52 week low of $14.60 and a 52 week high of $19.47. The company has a market cap of $66.07 billion, a P/E ratio of 15.87, a P/E/G ratio of 1.05 and a beta of 0.63.

Energy Transfer (NYSE:ET - Get Free Report) last issued its earnings results on Tuesday, February 17th. The pipeline company reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by ($0.09). Energy Transfer had a net margin of 5.11% and a return on equity of 10.17%. The company had revenue of $25.32 billion during the quarter, compared to analysts' expectations of $23.56 billion. During the same period last year, the business posted $0.29 earnings per share. The company's quarterly revenue was up 29.6% on a year-over-year basis. On average, research analysts expect that Energy Transfer will post 1.46 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Energy Transfer

A number of institutional investors have recently modified their holdings of ET. Basepoint Wealth LLC acquired a new stake in Energy Transfer during the fourth quarter worth approximately $25,000. Gables Capital Management Inc. grew its stake in 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 acquiring an additional 600 shares during the period. Sarver Vrooman Wealth Advisors acquired a new position in Energy Transfer in the 4th quarter valued at $32,000. Financial Life Planners purchased a new position in shares of Energy Transfer during the 3rd quarter worth $34,000. Finally, Navalign LLC purchased a new position in shares of Energy Transfer during the 4th quarter worth $37,000. Institutional investors and hedge funds own 38.22% of the company's stock.

Key Headlines Impacting Energy Transfer

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

Energy Transfer Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.