Energy Transfer LP $ET Stock Position Raised by Forum Financial Management LP

Key Points

• Forum Financial Management LP increased its stake in Energy Transfer by 322.7% in Q4, owning 430,948 shares after adding 328,988 shares and valuing the position at about $7.1 million.
• Energy Transfer raised its quarterly dividend to $0.335 (annualized $1.34) for a 7.1% yield, but the payout ratio is high at 110.74%, indicating the distribution exceeds reported earnings.
• The company reported mixed Q results: revenue jumped 29.6% to $25.32 billion, beating estimates, while EPS of $0.25 missed the $0.34 consensus, creating a mixed fundamental picture for investors.

Forum Financial Management LP lifted its stake in shares of Energy Transfer LP (NYSE:ET - Free Report) by 322.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 430,948 shares of the pipeline company's stock after acquiring an additional 328,988 shares during the quarter. Forum Financial Management LP's holdings in Energy Transfer were worth $7,106,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Financial Life Planners bought a new stake in shares of Energy Transfer during the 3rd quarter worth $34,000. Core Alternative Capital bought a new stake in shares of Energy Transfer during the 3rd quarter worth $46,000. Global Wealth Strategies & Associates boosted its stake in shares of Energy Transfer by 196.4% during the 4th quarter. Global Wealth Strategies & Associates now owns 2,964 shares of the pipeline company's stock worth $49,000 after acquiring an additional 1,964 shares in the last quarter. Golden State Wealth Management LLC boosted its stake in shares of Energy Transfer by 38.9% during the 3rd quarter. Golden State Wealth Management LLC now owns 2,918 shares of the pipeline company's stock worth $50,000 after acquiring an additional 817 shares in the last quarter. Finally, Clearstead Trust LLC bought a new stake in shares of Energy Transfer during the 3rd quarter worth $50,000. 38.22% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Morgan Stanley raised their price objective on Energy Transfer from $19.00 to $21.00 and gave the stock an "equal weight" rating in a research note on Tuesday, March 10th. UBS Group reissued a "buy" rating on shares of Energy Transfer in a research note on Wednesday, January 7th. Weiss Ratings reissued a "buy (b-)" rating on shares of Energy Transfer in a research note on Wednesday, December 24th. TD Cowen raised their price objective on Energy Transfer from $20.00 to $21.00 and gave the stock a "buy" rating in a research note on Wednesday, February 18th. Finally, Wells Fargo & Company raised their price objective on Energy Transfer from $23.00 to $25.00 and gave the stock an "overweight" rating in a research note on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $21.60.

Trending Headlines about Energy Transfer

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

• Positive Sentiment: Near‑term demand boost and dividend focus — Seeking Alpha argues Energy Transfer benefits from Iran conflict disruptions (higher U.S. NGL export demand and transport volumes) while its fee‑based business model and expansion projects underpin dividend growth and steady cash flow. Seeking Alpha: Energy Transfer: Energy Price Fluctuations Are Noisy, Dividend Is The Signal
• Positive Sentiment: Buying case highlighted — The Motley Fool notes the stock trading under $20 may be a time to buy given existing large deals and pipeline of projects that could drive cash flow and support the payout. The Fool: The Clock May Be Ticking on Energy Transfer Stock Trading Under $20
• Positive Sentiment: Income investor interest — Articles rounding up high‑yield dividend ideas (Barchart, 247WallSt) repeatedly include ET as a yield play, which can support demand from income-focused funds and retail buyers. Barchart: 3 Dividend Stocks Yielding Over 7% 247WallSt: The $40,000 Dividend Raise Hiding in These Four Tickers
• Neutral Sentiment: Trending attention but no new catalyst — Zacks/Yahoo pieces note the stock is trending among readers and recap fundamentals (yield, growth outlook) without adding fresh company‑specific news; useful for sentiment gauge but not a standalone catalyst. Zacks: Here is What to Know Beyond Why Energy Transfer LP (ET) is a Trending Stock Yahoo: Here is What to Know Beyond Why Energy Transfer LP (ET) is a Trending Stock
• Neutral Sentiment: Ticker confusion risk — A recent Yahoo item about Evertz Technologies TSX: ET is unrelated but can create ticker confusion among scanners; not relevant to Energy Transfer’s fundamentals. Yahoo: How The Evertz Technologies TSX: ET Investment Story Is Shifting
• Negative Sentiment: Mixed fundamentals weigh — ET’s most recent quarter showed a revenue beat but an EPS miss, and trading volume today is below average; that mixed earnings signal plus modest volatility can keep the stock from rallying despite yield appeal. (Background quarterly results and valuation metrics referenced.)

Energy Transfer Stock Performance

Shares of Energy Transfer stock opened at $18.85 on Friday. The stock has a market cap of $64.83 billion, a PE ratio of 15.57, a price-to-earnings-growth ratio of 1.05 and a beta of 0.62. The business has a fifty day simple moving average of $18.85 and a 200-day simple moving average of $17.58. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.50. Energy Transfer LP has a 12 month low of $15.80 and a 12 month high of $19.85.

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

Energy Transfer Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Friday, February 6th were given a $0.335 dividend. This represents a $1.34 annualized dividend and a dividend yield of 7.1%. 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 payout ratio is 110.74%.

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.

Want to see what other hedge funds are holding ET? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Energy Transfer LP (NYSE:ET - Free Report).

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.