Energy Transfer Sees Unusually Large Options Volume (NYSE:ET)

Energy Transfer LP (NYSE:ET) saw some unusual options trading on Wednesday. Investors acquired 71,088 call options on the stock. This represents an increase of 78% compared to the average volume of 39,992 call options.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in ET. SL Advisors LLC increased its holdings in shares of Energy Transfer by 11.5% in the 2nd quarter. SL Advisors LLC now owns 473,898 shares of the pipeline company’s stock valued at $9,061,000 after acquiring an additional 48,920 shares during the last quarter. Ballast Inc. acquired a new stake in shares of Energy Transfer during the 2nd quarter valued at approximately $822,000. Tema ETFs LLC lifted its stake in Energy Transfer by 47.5% during the second quarter. Tema ETFs LLC now owns 1,366,371 shares of the pipeline company’s stock worth $26,125,000 after purchasing an additional 440,228 shares during the last quarter. Redhawk Wealth Advisors Inc. lifted its stake in Energy Transfer by 48.9% during the second quarter. Redhawk Wealth Advisors Inc. now owns 45,068 shares of the pipeline company’s stock worth $862,000 after purchasing an additional 14,795 shares during the last quarter. Finally, Harrell Investment Partners LLC boosted its holdings in Energy Transfer by 55.8% in the second quarter. Harrell Investment Partners LLC now owns 21,928 shares of the pipeline company’s stock worth $419,000 after purchasing an additional 7,857 shares during the period. 38.22% of the stock is owned by institutional investors and hedge funds.

Key Energy Transfer News

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

• Positive Sentiment: US Capital Advisors raised its earnings forecasts across multiple periods. The firm increased its Q2 2026 EPS estimate to $0.36 from $0.33, Q3 to $0.33 from $0.32, FY2026 to $1.39 from $1.35, FY2027 to $1.45 from $1.43, and FY2028 to $1.48 from $1.46. The revisions suggest improved expectations for Energy Transfer’s pipeline and midstream operations. MarketBeat analyst estimate updates
• Positive Sentiment: Options traders showed increased bullish interest in ET. Investors purchased 71,088 call options on July 29, approximately 78% above the stock’s typical daily call volume of 39,992. Heavy call buying can signal expectations for additional upside, although it does not guarantee future gains. Investors Buy High Volume of Call Options on Energy Transfer
• Neutral Sentiment: Analysts are also evaluating Energy Transfer’s detailed Q2 operating metrics. The estimates-focused report could provide more insight into performance for the quarter ended June 2026, but the available article does not disclose specific metric forecasts or identify a material surprise. Exploring Analyst Estimates for Energy Transfer Q2 Earnings
• Neutral Sentiment: ET is highlighted as a potentially undervalued, high-yield stock for income-oriented investors. This may support long-term demand, but the article is broad and does not provide a new company-specific catalyst. Boomers Are Buying Quality High-Yield Stocks

Energy Transfer Stock Performance

Energy Transfer stock opened at $20.20 on Friday. The stock’s 50-day moving average is $19.54 and its 200-day moving average is $19.09. The company has a market cap of $69.53 billion, a price-to-earnings ratio of 16.84, a price-to-earnings-growth ratio of 1.16 and a beta of 0.55. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.17 and a quick ratio of 0.93. Energy Transfer has a 12 month low of $16.18 and a 12 month high of $20.70.

Energy Transfer (NYSE:ET) last released its quarterly earnings data on Tuesday, May 5th. The pipeline company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.05). Energy Transfer had a return on equity of 9.77% and a net margin of 4.66%.The business had revenue of $27.77 billion during the quarter, compared to analyst estimates of $25.78 billion. During the same period in the previous year, the company earned $0.36 EPS. Energy Transfer’s revenue was up 32.1% on a year-over-year basis. Equities analysts anticipate that Energy Transfer will post 1.44 earnings per share for the current year.

Energy Transfer Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Friday, August 7th will be given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date of this dividend is Friday, August 7th. This is a positive change from Energy Transfer’s previous quarterly dividend of $0.34. Energy Transfer’s dividend payout ratio is currently 112.50%.

Analyst Ratings Changes

A number of research firms recently weighed in on ET. Jefferies Financial Group upgraded Energy Transfer from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a research note on Tuesday, May 26th. Morgan Stanley raised their price objective on shares of Energy Transfer from $21.00 to $23.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 27th. TD Cowen restated a “buy” rating and set a $24.00 target price (up from $23.00) on shares of Energy Transfer in a research report on Thursday, July 16th. Scotiabank reaffirmed an “outperform” rating on shares of Energy Transfer in a report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Energy Transfer from $22.00 to $24.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, Energy Transfer has an average rating of “Buy” and a consensus target price of $23.50.

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.