Energy Transfer LP $ET Stock Purchased by Kelleher Financial Advisors

Kelleher Financial Advisors grew its stake in Energy Transfer LP (TXSE:ET) by 98.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 86,845 shares of the pipeline company’s stock after acquiring an additional 43,149 shares during the quarter. Kelleher Financial Advisors’ holdings in Energy Transfer were worth $1,717,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Summit Securities Group LLC raised its stake in Energy Transfer by 179.0% during the first quarter. Summit Securities Group LLC now owns 162,100 shares of the pipeline company’s stock worth $3,129,000 after purchasing an additional 104,000 shares during the period. Sanctuary Advisors LLC grew its stake in shares of Energy Transfer by 15.8% in the 1st quarter. Sanctuary Advisors LLC now owns 1,888,661 shares of the pipeline company’s stock valued at $36,451,000 after buying an additional 257,954 shares during the period. Mizuho Markets Americas LLC purchased a new stake in shares of Energy Transfer in the 1st quarter valued at approximately $61,760,000. Independent Financial Group LLC acquired a new stake in shares of Energy Transfer during the 1st quarter worth approximately $2,170,000. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Energy Transfer by 8.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,244,157 shares of the pipeline company’s stock worth $23,788,000 after buying an additional 98,624 shares during the last quarter. Hedge funds and other institutional investors own 38.22% of the company’s stock.

Energy Transfer News Roundup

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

• Positive Sentiment: Energy Transfer raised its 2026 adjusted EBITDA outlook to $19.7–$19.9 billion, supported by record gas volumes. Third-quarter distributable cash flow increased 33% year over year to $2.52 billion, with a 48% payout ratio supporting the distribution. Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
• Positive Sentiment: Growth plans include about $7 billion in 2027 capital spending, a $1.6 billion South Mississippi natural-gas pipeline and the $2.6 billion Vaquero Midstream acquisition, positioning the partnership to serve rising gas demand from data centers and exports. ET Q3 Earnings Call Puts Gas Demand and Capital Spending in Focus
• Positive Sentiment: Jefferies raised its price target to $25, adding a favorable analyst signal. Energy Transfer PT Raised to $25 at Jefferies
• Negative Sentiment: Third-quarter earnings were $0.33 per unit, below the $0.40 consensus estimate. That shortfall may be driving the near-term selling, even though revenue of $37.1 billion exceeded estimates of $30.98 billion. Energy Transfer Q3 Earnings Miss Estimates Despite Record Gas Volumes

Energy Transfer Stock Performance

Shares of Energy Transfer stock opened at $19.46 on Thursday. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.16 and a quick ratio of 0.94. The stock has a market capitalization of $67.01 billion, a price-to-earnings ratio of 13.24, a price-to-earnings-growth ratio of 0.73 and a beta of 0.62. The business has a 50-day moving average of $20.70 and a 200 day moving average of $19.69. Energy Transfer LP has a 12 month low of $16.18 and a 12 month high of $21.84.

Energy Transfer (TXSE:ET) last posted its quarterly earnings data on Tuesday, November 3rd. The pipeline company reported $0.33 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 business had revenue of $37.10 billion during the quarter, compared to analysts’ expectations of $30.98 billion. During the same period in the previous year, the business posted $0.28 EPS. As a group, sell-side analysts forecast that Energy Transfer LP will post 1.73 earnings per share for the current year.

Energy Transfer Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Friday, November 6th will be given a dividend of $0.3425 per share. This is an increase from Energy Transfer’s previous quarterly dividend of $0.34. This represents a $1.37 dividend on an annualized basis and a dividend yield of 7.0%. The ex-dividend date of this dividend is Friday, November 6th. Energy Transfer’s dividend payout ratio is currently 90.13%.

Insider Buying and Selling at Energy Transfer

In related news, Director Kelcy L. Warren purchased 647,968 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were bought at an average price of $21.26 per share, for a total transaction of $13,775,799.68. Following the acquisition, the director directly owned 147,901,879 shares in the company, valued at $3,144,393,947.54. This trade represents a 0.44% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director James Perry purchased 12,359 shares of Energy Transfer stock in a transaction on Friday, August 7th. The stock was bought at an average cost of $20.23 per share, for a total transaction of $250,022.57. Following the transaction, the director directly owned 208,046 shares in the company, valued at $4,208,770.58. This represents a 6.32% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders bought 1,012,359 shares of company stock worth $21,513,543. Insiders own 3.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Truist Financial lifted their target price on Energy Transfer from $23.00 to $25.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Mizuho set a $26.00 price objective on shares of Energy Transfer in a report on Tuesday, October 13th. Wall Street Zen raised shares of Energy Transfer from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $23.00 target price (up from $21.00) on shares of Energy Transfer in a research note on Tuesday, July 21st. Finally, JPMorgan Chase & Co. lifted their price target on shares of Energy Transfer from $24.00 to $25.00 and gave the company an “overweight” rating in a research report on Friday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $24.73.

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.