Energy Transfer (NYSE:ET) Stock Unloaded Rep. Virginia Foxx

Representative Virginia Foxx (R-North Carolina) recently sold shares of Energy Transfer LP NYSE: ET. In a filing disclosed on July 03rd, the Representative disclosed that they had sold between $15,001 and $50,000 in Energy Transfer stock on June 24th.

Representative Virginia Foxx also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Ellington Financial NYSE: EFC on 6/30/2025.
• Sold $1,001 - $15,000 in shares of Bristol Myers Squibb NYSE: BMY on 6/24/2025.
• Purchased $1,001 - $15,000 in shares of Hercules Capital NYSE: HTGC on 5/20/2025.
• Purchased $1,001 - $15,000 in shares of Alliance Resource Partners NASDAQ: ARLP on 5/15/2025.

Energy Transfer Trading Down 0.3%

NYSE:ET traded down $0.06 during midday trading on Friday, reaching $17.48. 13,360,062 shares of the stock traded hands, compared to its average volume of 15,640,384. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.92 and a current ratio of 1.12. The company has a fifty day moving average of $17.83 and a 200 day moving average of $18.34. The stock has a market capitalization of $59.99 billion, a P/E ratio of 13.24, a PEG ratio of 0.90 and a beta of 0.79. Energy Transfer LP has a 12 month low of $14.60 and a 12 month high of $21.45.

Energy Transfer (NYSE:ET - Get Free Report) last announced its earnings results on Tuesday, May 6th. The pipeline company reported $0.36 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.03. Energy Transfer had a net margin of 5.88% and a return on equity of 11.47%. The firm had revenue of $21.02 billion for the quarter, compared to analysts' expectations of $22.28 billion. During the same quarter in the previous year, the business posted $0.32 EPS. The company's quarterly revenue was down 2.8% on a year-over-year basis. On average, research analysts predict that Energy Transfer LP will post 1.46 EPS for the current year.

Energy Transfer Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, May 20th. Investors of record on Friday, May 9th were issued a dividend of $0.3275 per share. This is a positive change from Energy Transfer's previous quarterly dividend of $0.33. This represents a $1.31 dividend on an annualized basis and a yield of 7.49%. The ex-dividend date was Friday, May 9th. Energy Transfer's dividend payout ratio is currently 99.24%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Wells Fargo & Company dropped their price target on shares of Energy Transfer from $22.00 to $21.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 7th. Cowen assumed coverage on shares of Energy Transfer in a research note on Monday, July 7th. They set a "buy" rating on the stock. Citigroup restated a "buy" rating on shares of Energy Transfer in a research note on Monday, March 24th. TD Cowen initiated coverage on shares of Energy Transfer in a research note on Monday, July 7th. They set a "buy" rating and a $22.00 target price on the stock. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and set a $23.00 price target on shares of Energy Transfer in a research report on Tuesday, March 25th. One equities research analyst has rated the stock with a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $22.58.

Insider Buying and Selling

In other news, Director James Richard Perry sold 1,369 shares of the company's stock in a transaction on Friday, June 13th. The stock was sold at an average price of $18.48, for a total value of $25,299.12. Following the sale, the director directly owned 24,523 shares in the company, valued at $453,185.04. This represents a 5.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.28% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ET. United Advisor Group LLC boosted its stake in shares of Energy Transfer by 3.0% in the fourth quarter. United Advisor Group LLC now owns 18,540 shares of the pipeline company's stock valued at $363,000 after buying an additional 534 shares in the last quarter. Cannell & Spears LLC boosted its position in Energy Transfer by 0.4% during the fourth quarter. Cannell & Spears LLC now owns 135,647 shares of the pipeline company's stock worth $2,657,000 after purchasing an additional 546 shares in the last quarter. Indiana Trust & Investment Management Co boosted its position in Energy Transfer by 5.1% during the first quarter. Indiana Trust & Investment Management Co now owns 11,796 shares of the pipeline company's stock worth $219,000 after purchasing an additional 576 shares in the last quarter. Beam Wealth Advisors Inc. boosted its position in Energy Transfer by 1.5% during the first quarter. Beam Wealth Advisors Inc. now owns 39,934 shares of the pipeline company's stock worth $742,000 after purchasing an additional 585 shares in the last quarter. Finally, Morton Capital Management LLC CA boosted its position in Energy Transfer by 1.3% during the first quarter. Morton Capital Management LLC CA now owns 46,382 shares of the pipeline company's stock worth $862,000 after purchasing an additional 593 shares in the last quarter. Institutional investors and hedge funds own 38.22% of the company's stock.

About Representative Foxx

Virginia Foxx (Republican Party) is a member of the U.S. House, representing North Carolina's 5th Congressional District. She assumed office on January 3, 2005. Her current term ends on January 3, 2027. Foxx (Republican Party) ran for re-election to the U.S. House to represent North Carolina's 5th Congressional District. She won in the general election on November 5, 2024. Foxx was born in New York, New York. She earned a B.A. and M.A.C.T. from the University of North Carolina, Chapel Hill, in 1968 and 1972, respectively, and an Ed.D. from the University of North Carolina, Greensboro, in 1985. Foxx worked as an instructor at Caldwell Community College in Hudson, NC, and an instructor and assistant dean at Appalachian State University in Boone, NC. She owned a landscape nursery and served as Deputy Secretary for Management at the North Carolina Department of Administration.

Energy Transfer Company Profile

Energy Transfer LP provides energy-related services. The company owns and operates natural gas transportation pipeline, and natural gas storage facilities in Texas and Oklahoma; and approximately 20,090 miles of interstate natural gas pipeline. It also sells natural gas to electric utilities, independent power plants, local distribution and other marketing companies, and industrial end-users.