Corient Private Wealth LP Has $34.82 Million Stock Position in Energy Transfer LP $ET

Corient Private Wealth LP boosted its position in Energy Transfer LP (NYSE:ET - Free Report) by 5.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,821,330 shares of the pipeline company's stock after buying an additional 87,730 shares during the quarter. Corient Private Wealth LP owned approximately 0.05% of Energy Transfer worth $34,824,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Arrow Investment Advisors LLC grew its position in shares of Energy Transfer by 4.9% in the second quarter. Arrow Investment Advisors LLC now owns 10,866 shares of the pipeline company's stock valued at $208,000 after purchasing an additional 505 shares during the last quarter. Argent Trust Co boosted its stake in Energy Transfer by 2.1% during the 2nd quarter. Argent Trust Co now owns 26,035 shares of the pipeline company's stock valued at $498,000 after purchasing an additional 529 shares during the period. State of Wyoming grew its holdings in Energy Transfer by 2.5% in the 2nd quarter. State of Wyoming now owns 22,822 shares of the pipeline company's stock valued at $436,000 after buying an additional 548 shares during the last quarter. Keybank National Association OH grew its holdings in Energy Transfer by 0.3% in the 1st quarter. Keybank National Association OH now owns 219,232 shares of the pipeline company's stock valued at $4,231,000 after buying an additional 556 shares during the last quarter. Finally, Cascade Financial Partners LLC increased its position in Energy Transfer by 0.8% in the 2nd quarter. Cascade Financial Partners LLC now owns 72,645 shares of the pipeline company's stock worth $1,389,000 after buying an additional 560 shares during the period. 38.22% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Energy Transfer

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

• Positive Sentiment: New $25 price target: Stifel Nicolaus initiated coverage of Energy Transfer with a “buy” rating and a $25 target, implying meaningful upside from recent trading levels. Stifel Energy Transfer coverage
• Positive Sentiment: Momentum from energy prices: ET has continued rallying as energy prices rise, with the stock reaching an all-time high. The move to the Texas exchange has also added visibility and investor interest. What's next for the soaring Energy Transfer stock?
• Positive Sentiment: Income-investment appeal: Commentary highlighted that Energy Transfer’s distribution is covered roughly twice by distributable cash flow, reinforcing confidence in the sustainability of its payout and supporting demand from income-oriented investors. Energy Transfer's payout coverage
• Neutral Sentiment: Texas Stock Exchange listing: Energy Transfer will transfer its common-unit listing from the NYSE to TXSE, with trading expected to begin October 5, 2026. The units will retain the “ET” ticker. Management says the move reflects the company’s Texas roots and could broaden visibility, but the direct financial impact remains uncertain. Energy Transfer to Transfer Stock Exchange Listings to Texas Stock Exchange
• Neutral Sentiment: Broker sentiment remains favorable: Analysts collectively rate ET “Moderate Buy,” providing additional support for the stock’s recent strength, although this is not a new earnings catalyst. Energy Transfer average brokerage recommendation

Insider Buying and Selling at Energy Transfer

In other news, Director Kelcy L. Warren purchased 647,968 shares of the business's stock in a transaction that occurred on Wednesday, August 19th. The stock was purchased at an average cost of $21.26 per share, with a total value of $13,775,799.68. Following the acquisition, the director directly owned 147,901,879 shares of the company's stock, valued at approximately $3,144,393,947.54. This trade represents a 0.44% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director James Perry acquired 12,359 shares of the company's stock in a transaction dated Friday, August 7th. The shares were purchased at an average cost of $20.23 per share, with a total value of $250,022.57. Following the acquisition, the director owned 208,046 shares of the company's stock, valued at approximately $4,208,770.58. This represents a 6.32% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 1,012,359 shares of company stock valued at $21,513,543 over the last quarter. Corporate insiders own 3.28% of the company's stock.

Wall Street Analysts Forecast Growth

ET has been the subject of several research reports. Wall Street Zen raised Energy Transfer from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. TD Cowen reaffirmed a "buy" rating and set a $25.00 target price (up from $24.00) on shares of Energy Transfer in a research report on Monday, August 10th. JPMorgan Chase & Co. upped their target price on shares of Energy Transfer from $24.00 to $25.00 and gave the company an "overweight" rating in a research note on Friday, September 4th. Zacks Research downgraded shares of Energy Transfer from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 11th. Finally, Stifel Nicolaus assumed coverage on shares of Energy Transfer in a report on Thursday. They issued a "buy" rating and a $25.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and an average target price of $24.17.

Energy Transfer Trading Down 0.0%

Shares of ET stock opened at $21.55 on Monday. The firm has a fifty day moving average of $20.70 and a 200-day moving average of $19.74. The stock has a market cap of $74.19 billion, a price-to-earnings ratio of 14.66, a P/E/G ratio of 0.71 and a beta of 0.57. Energy Transfer LP has a 52-week low of $16.18 and a 52-week high of $21.84. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.94 and a current ratio of 1.16.

Energy Transfer (NYSE:ET - Get Free Report) last issued its earnings results on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.21. The business had revenue of $34.33 billion for the quarter, compared to analyst estimates of $27.71 billion. Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The firm's revenue was up 78.4% on a year-over-year basis. During the same period in the previous year, the business earned $0.32 EPS. On average, equities research analysts forecast that Energy Transfer LP will post 1.75 earnings per share for the current fiscal year.

Energy Transfer Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 19th. Shareholders 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 annualized dividend and a yield of 6.3%. The ex-dividend date was Friday, August 7th. Energy Transfer's dividend payout ratio is currently 92.52%.

Energy Transfer Profile

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.

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