Energy Transfer (NYSE:ET) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Energy Transfer (NYSE:ET) from a hold rating to a buy rating in a research note published on Saturday morning.

ET has been the subject of several other research reports. Jefferies Financial Group restated a “buy” rating on shares of Energy Transfer in a report on Wednesday. Morgan Stanley increased their price objective on shares of Energy Transfer from $21.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 27th. TD Cowen reissued a “buy” rating and issued a $24.00 price objective (up from $23.00) on shares of Energy Transfer in a research note on Thursday, July 16th. Stifel Nicolaus boosted 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, May 6th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Energy Transfer in a research note on Friday, June 5th. 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. According to MarketBeat.com, Energy Transfer currently has a consensus rating of “Buy” and a consensus price target of $23.67.

Energy Transfer Stock Performance

NYSE ET opened at $20.14 on Friday. The company has a market cap of $69.29 billion, a P/E ratio of 13.70, a P/E/G ratio of 1.98 and a beta of 0.55. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.93 and a current ratio of 1.17. The business’s 50 day moving average price is $19.63 and its 200-day moving average price is $19.21. Energy Transfer has a fifty-two week low of $16.18 and a fifty-two week high of $20.81.

Energy Transfer (NYSE:ET) last issued its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.38 by $0.21. The company had revenue of $34.33 billion during the quarter, compared to the consensus estimate of $27.71 billion. Energy Transfer had a return on equity of 11.71% and a net margin of 4.87%.Energy Transfer’s revenue was up 78.4% on a year-over-year basis. During the same period last year, the company earned $0.32 earnings per share. Sell-side analysts predict that Energy Transfer will post 1.52 earnings per share for the current year.

Energy Transfer Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Stockholders of record on Friday, August 7th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.8%. This is a boost from Energy Transfer’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Friday, August 7th. Energy Transfer’s dividend payout ratio is 91.84%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of ET. Basepoint Wealth LLC purchased a new stake in shares of Energy Transfer in the 4th quarter worth $25,000. Gables Capital Management Inc. grew its holdings in Energy Transfer by 60.0% during the 4th quarter. Gables Capital Management Inc. now owns 1,600 shares of the pipeline company’s stock worth $26,000 after acquiring an additional 600 shares in the last quarter. Sarver Vrooman Wealth Advisors purchased a new position in Energy Transfer during the 4th quarter valued at about $32,000. Cassaday & Co Wealth Management LLC purchased a new position in Energy Transfer during the 1st quarter valued at about $35,000. Finally, Navalign LLC bought a new stake in shares of Energy Transfer in the 4th quarter valued at about $37,000. Institutional investors own 38.22% of the company’s stock.

Energy Transfer News Summary

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

• Positive Sentiment: Strong second-quarter results and higher distribution: Energy Transfer reported second-quarter 2026 sales of $34.33 billion and net income of $2.09 billion, while earnings per unit exceeded expectations. The partnership also raised its quarterly cash distribution to $0.34 per common unit, reinforcing its income appeal. Did Strong Q2 Results and a Higher Payout Just Shift Energy Transfer’s Investment Narrative?
• Positive Sentiment: Growth outlook remains constructive: Analysts point to rising NGL exports, high pipeline and fractionator utilization, multi-year export commitments, and an accelerated capital-spending program as drivers of future EBITDA and distribution growth. Management continues to target roughly 3%–5% annual distribution growth while maintaining leverage near 4.0–4.5 times EBITDA. Energy Transfer Is Now Finally Firing on All Growth Cylinders
• Positive Sentiment: Value and income appeal: Zacks identified ET as a highly ranked value stock, while other coverage emphasized its approximately 6.6% distribution yield and improving profits. The combination of valuation support, cash income, and recent earnings beats could attract yield-focused investors. Energy Transfer Is a Top-Ranked Value Stock
• Negative Sentiment: Natural-gas market weakness: Natural-gas futures fell after a larger-than-expected storage build. Lower commodity prices can weigh on sentiment toward energy companies, although Energy Transfer’s fee-based pipeline, storage, and NGL businesses help reduce its direct exposure to gas-price volatility. Nat-Gas Prices Tumble on a Larger-Than-Expected Storage Build

About Energy Transfer

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.