Energy Transfer LP $ET Stock Sold by Inscription Capital LLC

Inscription Capital LLC lowered its position in Energy Transfer LP (TXSE:ET) by 47.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,499 shares of the pipeline company’s stock after selling 36,731 shares during the quarter. Inscription Capital LLC’s holdings in Energy Transfer were worth $801,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ET. Osbon Capital Management LLC purchased a new position in Energy Transfer in the second quarter valued at $25,000. Sawyer & Company Inc purchased a new position in shares of Energy Transfer in the 3rd quarter valued at about $30,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of Energy Transfer in the 1st quarter valued at about $35,000. Bullseye Investment Management LLC acquired a new stake in shares of Energy Transfer during the 2nd quarter worth about $42,000. Finally, Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of Energy Transfer during the 2nd quarter worth about $42,000. Institutional investors and hedge funds own 38.22% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on ET shares. TD Cowen restated 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. Wall Street Zen upgraded shares of Energy Transfer from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Jefferies Financial Group reissued a “buy” rating and set a $25.00 price objective on shares of Energy Transfer in a report on Wednesday. Zacks Research downgraded shares of Energy Transfer from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 11th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $23.00 target price (up from $21.00) on shares of Energy Transfer in a report on Tuesday, July 21st. Two investment 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $24.80.

Insider Buying and Selling at Energy Transfer

In other Energy Transfer news, Director Kelcy Warren acquired 647,968 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $3,144,393,947.54. This trade represents a 0.44% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 3.28% of the stock is currently owned by corporate insiders.

Energy Transfer Price Performance

The stock’s 50 day moving average price is $20.60 and its 200 day moving average price is $19.70. 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 $65.15 billion, a price-to-earnings ratio of 12.87, a price-to-earnings-growth ratio of 0.73 and a beta of 0.62. Energy Transfer LP has a 12-month low of $16.18 and a 12-month high of $21.84.

Energy Transfer (TXSE:ET) last announced its quarterly earnings data on Tuesday, November 3rd. The pipeline company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.07). Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The firm had revenue of $37.10 billion for the quarter, compared to analysts’ expectations of $30.98 billion. During the same period in the previous year, the company posted $0.28 EPS. Equities analysts expect that Energy Transfer LP will post 1.73 EPS for the current fiscal year.

Energy Transfer Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Friday, November 6th will be paid a dividend of $0.3425 per share. The ex-dividend date of this dividend is Friday, November 6th. This represents a $1.37 dividend on an annualized basis and a dividend yield of 7.2%. This is a boost from Energy Transfer’s previous quarterly dividend of $0.34. Energy Transfer’s dividend payout ratio is currently 90.13%.

Energy Transfer News Roundup

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

• Positive Sentiment: Citigroup raised its price target to $25 from $24 and maintained a Buy rating, implying substantial upside from the reported $18.92 share price. Citigroup rating
• Positive Sentiment: Recent analysis highlighted stronger Q3 operating performance, including EBITDA growth, record volumes, and raised full-year EBITDA guidance of $19.7–$19.9 billion. The company’s pipeline projects and fee-based growth plans could add to future earnings. Q3 results and outlook
• Positive Sentiment: Energy Transfer reached a final investment decision on a $1.6 billion South Mississippi pipeline, a long-term infrastructure project that may expand its growth opportunities. South Mississippi pipeline
• Neutral Sentiment: The partnership priced $2.7 billion of senior notes, with maturities from 2032 to 2057 and coupons of 5.45% to 6.55%. The proceeds can support financing needs, but the borrowing adds long-term interest obligations. Senior notes offering
• Negative Sentiment: Despite strong operating metrics, Energy Transfer missed analysts’ Q3 EPS estimate, a potential concern for investors focused on per-share results. Broader market volatility and interest-rate uncertainty may also pressure sentiment. Analysis of earnings miss

Energy Transfer Company 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.