EP Wealth Advisors LLC Increases Stock Position in Energy Transfer LP $ET

EP Wealth Advisors LLC boosted its position in shares of Energy Transfer LP (NYSE:ET - Free Report) by 71.8% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 139,116 shares of the pipeline company's stock after buying an additional 58,153 shares during the quarter. EP Wealth Advisors LLC's holdings in Energy Transfer were worth $2,660,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ET. Basepoint Wealth LLC purchased a new stake in shares of Energy Transfer during the 4th quarter worth about $25,000. Gables Capital Management Inc. increased its stake in shares of Energy Transfer by 60.0% in the 4th quarter. Gables Capital Management Inc. now owns 1,600 shares of the pipeline company's stock valued at $26,000 after purchasing an additional 600 shares in the last quarter. Cassaday & Co Wealth Management LLC purchased a new position in shares of Energy Transfer in the 1st quarter valued at about $35,000. Sarver Vrooman Wealth Advisors purchased a new position in shares of Energy Transfer in the 4th quarter valued at about $32,000. Finally, Financial Life Planners acquired a new position in Energy Transfer in the 1st quarter worth about $40,000. Hedge funds and other institutional investors own 38.22% of the company's stock.

Insider Activity at Energy Transfer

In other news, Director James Richard Perry purchased 12,359 shares of the company's stock in a transaction that occurred on Friday, August 7th. The stock was purchased at an average cost of $20.23 per share, for a total transaction of $250,022.57. Following the completion of the transaction, the director owned 208,046 shares of the company's stock, valued at $4,208,770.58. This trade represents a 6.32% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Kelcy L. Warren acquired 647,968 shares of Energy Transfer 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 completion of the purchase, the director owned 147,901,879 shares in the company, valued at $3,144,393,947.54. The trade was a 0.44% increase in their position. The SEC filing for this purchase provides additional information. In the last 90 days, insiders bought 1,012,359 shares of company stock worth $21,513,543. Company insiders own 3.28% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Wall Street Zen upgraded Energy Transfer from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. Weiss Ratings upgraded Energy Transfer from a "buy (b)" rating to a "buy (b+)" rating in a research report on Tuesday, August 11th. 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 note on Monday, August 10th. Citigroup reiterated a "buy" rating and set a $24.00 target price (up from $23.00) on shares of Energy Transfer in a research report on Friday, August 7th. Finally, Morgan Stanley lifted their price target on shares of Energy Transfer from $23.00 to $25.00 and gave the company an "equal weight" rating in a research note on Tuesday, August 18th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $24.08.

Energy Transfer News Roundup

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

• Positive Sentiment: Co-founder and director Kelcy Warren bought a combined 1 million ET shares on August 18 and 19 for approximately $21.3 million. The purchases, made near the partnership’s 52-week high, increased his ownership to nearly 147.9 million shares and signal confidence in Energy Transfer’s outlook. Energy Transfer Co-Founder’s $15 Million Bet Near a 52-Week High Sends a Bullish Message
• Positive Sentiment: US Capital Advisors raised its EPS forecasts for multiple quarters through 2028, including FY2027 EPS to $1.59 from $1.45 and FY2028 EPS to $1.62 from $1.48. The revisions reinforce expectations for continued earnings growth. Energy Transfer analyst estimates
• Positive Sentiment: Recent coverage highlighted record second-quarter volumes, strong U.S. hydrocarbon export demand and Energy Transfer’s fee-based, contracted infrastructure. These characteristics reduce direct sensitivity to commodity prices and provide visibility for future distributions and growth projects. Energy Transfer: A 6.4% Yield Backed By The AI Power Boom
• Positive Sentiment: Energy Transfer’s second-quarter performance included a 32% increase in partner-attributable distributable cash flow, 49% growth in first-half conventional free cash flow and distribution coverage above 2.2 times. Raised 2026 EBITDA guidance of $18.8 billion-$19.1 billion further supports the income-investment case. Energy Transfer: Strong Buy With A Path To 7% Yield On Cost
• Neutral Sentiment: ET’s recent move to a new one-year high and analyst price-target increases reflect strong momentum, but the stock’s proximity to that high may limit near-term upside and raise valuation sensitivity. Energy Transfer Reaches New 1-Year High After Analyst Upgrade
• Negative Sentiment: Cooler U.S. weather forecasts have pressured natural-gas prices by potentially reducing power demand. Energy Transfer’s fee-based model cushions the impact, but weaker commodity prices could weigh on broader midstream-sector sentiment. Cooler US Weather Forecasts Weigh on Nat-Gas Prices

Energy Transfer Stock Down 0.0%

ET opened at $21.20 on Friday. Energy Transfer LP has a twelve month low of $16.18 and a twelve month high of $21.64. The company has a quick ratio of 0.94, a current ratio of 1.16 and a debt-to-equity ratio of 1.45. The company has a 50-day moving average price of $19.98 and a 200 day moving average price of $19.42. The company has a market cap of $73.00 billion, a PE ratio of 14.42, a price-to-earnings-growth ratio of 0.75 and a beta of 0.55.

Energy Transfer (NYSE:ET - Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.21. Energy Transfer had a return on equity of 11.55% and a net margin of 4.87%.The company had revenue of $34.33 billion for the quarter, compared to analysts' expectations of $27.71 billion. During the same period in the previous year, the firm posted $0.32 EPS. Energy Transfer's revenue was up 78.4% compared to the same quarter last year. Sell-side analysts expect that Energy Transfer LP will post 1.66 earnings per share for the current fiscal year.

Energy Transfer Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Stockholders of record on Friday, August 7th were given a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 6.4%. This is a boost from Energy Transfer's previous quarterly dividend of $0.34. The ex-dividend date was Friday, August 7th. Energy Transfer's dividend payout ratio (DPR) is 92.52%.

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.

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