Kelcy Warren Acquires 647,968 Shares of Energy Transfer (NYSE:ET) Stock

Energy Transfer LP (NYSE:ET) Director Kelcy Warren bought 647,968 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The shares were purchased at an average price 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 in the company, valued at approximately $3,144,393,947.54. This trade represents a 0.44% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Energy Transfer Trading Down 0.0%

NYSE ET opened at $21.20 on Friday. Energy Transfer LP has a one year low of $16.18 and a one year high of $21.64. The company’s 50 day moving average price is $19.98 and its 200 day moving average price is $19.42. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.94 and a current ratio of 1.16. The firm has a market capitalization of $73.00 billion, a price-to-earnings ratio of 14.42, a PEG ratio of 0.75 and a beta of 0.55.

Energy Transfer (NYSE:ET) last announced its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $0.21. Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The firm 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 company posted $0.32 earnings per share. Energy Transfer’s revenue was up 78.4% compared to the same quarter last year. On average, sell-side analysts predict that Energy Transfer LP will post 1.63 EPS for the current year.

Energy Transfer Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 19th. Investors of record on Friday, August 7th were issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 6.4%. The ex-dividend date was Friday, August 7th. This is a positive change from Energy Transfer’s previous quarterly dividend of $0.34. Energy Transfer’s dividend payout ratio (DPR) is presently 92.52%.

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

Wall Street Analyst Weigh In

ET has been the topic of several research reports. Morgan Stanley raised their price objective on Energy Transfer from $23.00 to $25.00 and gave the company an “equal weight” rating in a research report on Tuesday. Wall Street Zen raised Energy Transfer from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Raymond James Financial reiterated a “strong-buy” rating on shares of Energy Transfer in a report on Wednesday, May 6th. Jefferies Financial Group reissued a “buy” rating on shares of Energy Transfer in a research report on Wednesday, August 5th. Finally, TD Cowen restated a “buy” rating and issued a $25.00 price target (up from $24.00) on shares of Energy Transfer in a report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Energy Transfer presently has an average rating of “Moderate Buy” and an average target price of $24.08.

Hedge Funds Weigh In On Energy Transfer

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ET. Texas Yale Capital Corp. raised its stake in Energy Transfer by 6.1% during the fourth quarter. Texas Yale Capital Corp. now owns 1,311,965 shares of the pipeline company’s stock valued at $21,634,000 after buying an additional 75,700 shares in the last quarter. North Star Investment Management Corp. grew its position in shares of Energy Transfer by 100.1% in the 4th quarter. North Star Investment Management Corp. now owns 161,523 shares of the pipeline company’s stock worth $2,664,000 after acquiring an additional 80,786 shares in the last quarter. Summit Securities Group LLC increased its holdings in shares of Energy Transfer by 179.0% in the 1st quarter. Summit Securities Group LLC now owns 162,100 shares of the pipeline company’s stock valued at $3,129,000 after acquiring an additional 104,000 shares during the last quarter. Mizuho Markets Americas LLC bought a new stake in shares of Energy Transfer in the 1st quarter valued at approximately $61,760,000. Finally, Sanctuary Advisors LLC raised its position in shares of Energy Transfer by 15.8% during the 1st quarter. Sanctuary Advisors LLC now owns 1,888,661 shares of the pipeline company’s stock valued at $36,451,000 after acquiring an additional 257,954 shares in the last quarter. 38.22% of the stock is owned by hedge funds and other institutional investors.

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.