Energy Transfer LP $ET Stock Bought by Vise Technologies Inc.

Key Points

• Vise Technologies increased its Energy Transfer stake by 152.2% in the third quarter, to 121,794 shares valued at about $2.4 million.
• Energy Transfer raised its 2026 adjusted EBITDA outlook to $19.7–$19.9 billion and approved a $1.6 billion South Mississippi gas pipeline project.
• Quarterly EPS of $0.33 missed the $0.40 consensus, although revenue exceeded estimates; the partnership also raised its quarterly dividend to $0.3425 per share.

Vise Technologies Inc. boosted its position in Energy Transfer LP (TXSE:ET - Free Report) by 152.2% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 121,794 shares of the pipeline company's stock after acquiring an additional 73,494 shares during the period. Vise Technologies Inc.'s holdings in Energy Transfer were worth $2,408,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in ET. Arrow Investment Advisors LLC grew its holdings in Energy Transfer by 4.9% during the 2nd quarter. Arrow Investment Advisors LLC now owns 10,866 shares of the pipeline company's stock valued at $208,000 after buying an additional 505 shares in the last quarter. Cypress Capital Management LLC WY lifted its holdings in shares of Energy Transfer by 3.9% in the second quarter. Cypress Capital Management LLC WY now owns 13,439 shares of the pipeline company's stock worth $257,000 after buying an additional 509 shares in the last quarter. Argent Trust Co lifted its holdings in shares of Energy Transfer by 2.1% in the second quarter. Argent Trust Co now owns 26,035 shares of the pipeline company's stock worth $498,000 after buying an additional 529 shares in the last quarter. State of Wyoming boosted its position in shares of Energy Transfer by 2.5% in the second quarter. State of Wyoming now owns 22,822 shares of the pipeline company's stock valued at $436,000 after acquiring an additional 548 shares during the period. Finally, Cascade Financial Partners LLC boosted its position in shares of Energy Transfer by 0.8% in the second quarter. Cascade Financial Partners LLC now owns 72,645 shares of the pipeline company's stock valued at $1,389,000 after acquiring an additional 560 shares during the period. Hedge funds and other institutional investors 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: Energy Transfer raised its 2026 adjusted EBITDA outlook to $19.7–$19.9 billion after a strong third quarter, with gains across its business segments and strength in NGLs and refined products. Energy Transfer Has Another Blowout Quarter
• Positive Sentiment: The partnership took final investment decision on a $1.6 billion South Mississippi pipeline, a 215-mile project designed to carry up to 1.2 billion cubic feet of gas per day. It is intended to serve growing demand, including from LNG exports and data centers. Energy Transfer sanctions $1.6bn South Mississippi pipeline project
• Positive Sentiment: Jefferies raised its price target on ET to $25, signaling increased optimism about the partnership’s prospects. Energy Transfer price target raised to $25 at Jefferies
• Neutral Sentiment: ET plans about $7 billion in 2027 growth spending and announced a $2.6 billion acquisition of Vaquero Midstream to expand its Permian gas gathering and processing footprint. These investments may support future growth, while requiring significant capital. ET Q3 Earnings Call Puts Gas Demand and Capital Spending in Focus
• Negative Sentiment: Despite strong revenue and cash generation, quarterly EPS of $0.33 fell short of the $0.40 consensus estimate. The earnings miss may be weighing on sentiment even as management raised its outlook. Energy Transfer's Earnings Miss May Be Hiding Its Strongest Advantage

Energy Transfer Stock Down 1.4%

Shares of ET opened at $19.19 on Friday. Energy Transfer LP has a 1 year low of $16.18 and a 1 year high of $21.84. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.16 and a quick ratio of 0.94. The stock has a 50 day simple moving average of $20.65 and a two-hundred day simple moving average of $19.70. The firm has a market cap of $66.08 billion, a P/E ratio of 13.05, a P/E/G ratio of 0.73 and a beta of 0.62.

Energy Transfer (TXSE:ET - Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The pipeline company reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by ($0.07). Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The business had revenue of $37.10 billion during the quarter, compared to analysts' expectations of $30.98 billion. During the same period last year, the company posted $0.28 EPS. On average, analysts forecast that Energy Transfer LP will post 1.73 earnings per share for the current fiscal year.

Energy Transfer Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Friday, November 6th will be issued a $0.3425 dividend. This is an increase from Energy Transfer's previous quarterly dividend of $0.34. The ex-dividend date is Friday, November 6th. This represents a $1.37 annualized dividend and a yield of 7.1%. Energy Transfer's dividend payout ratio (DPR) is 90.13%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Mizuho set a $26.00 target price on shares of Energy Transfer in a report on Tuesday, October 13th. JPMorgan Chase & Co. raised their price target on shares of Energy Transfer from $24.00 to $25.00 and gave the company an "overweight" rating in a report on Friday, September 4th. Jefferies Financial Group reissued a "buy" rating and issued a $25.00 price target on shares of Energy Transfer in a report on Wednesday. Truist Financial boosted their price target on shares of Energy Transfer from $23.00 to $25.00 and gave the company a "buy" rating in a research report on Wednesday, August 12th. Finally, Capital One Financial started coverage on shares of Energy Transfer in a report on Tuesday, September 22nd. They issued an "overweight" rating and a $26.00 price target on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $24.73.

Insider Buying and Selling

In related news, Director Kelcy Warren purchased 647,968 shares of the business's stock in a transaction that occurred on Wednesday, August 19th. The shares were acquired at an average price of $21.26 per share, for a total transaction of $13,775,799.68. Following the completion of the acquisition, the director directly owned 147,901,879 shares in the company, valued at approximately $3,144,393,947.54. The trade was a 0.44% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 3.28% of the stock is owned by insiders.

Energy Transfer Profile

Energy Transfer LP is a diversified energy infrastructure company headquartered in Dallas, Texas. The partnership owns and operates a broad network of pipelines, processing facilities, storage assets and terminals that support the movement of natural gas, natural gas liquids, crude oil and refined products across the United States.

The company’s operations include gathering and processing natural gas, transporting and storing natural gas and NGLs, fractionating NGLs into component products, and transporting crude oil and refined products.

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