Private Capital Advisors Inc. Sells 29,445 Shares of Energy Transfer LP $ET

Private Capital Advisors Inc. reduced its stake in shares of Energy Transfer LP (NYSE:ET) by 1.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,481,535 shares of the pipeline company’s stock after selling 29,445 shares during the quarter. Energy Transfer comprises about 2.5% of Private Capital Advisors Inc.’s holdings, making the stock its 8th largest position. Private Capital Advisors Inc.’s holdings in Energy Transfer were worth $29,290,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. CX Institutional raised its position in shares of Energy Transfer by 93.9% during the third quarter. CX Institutional now owns 13,015 shares of the pipeline company’s stock worth $257,000 after acquiring an additional 6,303 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Energy Transfer by 8.6% in the second quarter. Envestnet Asset Management Inc. now owns 1,244,157 shares of the pipeline company’s stock valued at $23,788,000 after acquiring an additional 98,624 shares during the last quarter. Bullseye Investment Management LLC acquired a new stake in Energy Transfer in the second quarter worth about $42,000. Talon Private Wealth LLC lifted its position in Energy Transfer by 1.7% during the 2nd quarter. Talon Private Wealth LLC now owns 53,343 shares of the pipeline company’s stock valued at $1,020,000 after purchasing an additional 888 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its stake in shares of Energy Transfer by 6.1% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 78,368 shares of the pipeline company’s stock valued at $1,498,000 after purchasing an additional 4,491 shares during the last quarter. Institutional investors and hedge funds own 38.22% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on ET. TD Cowen reissued a “buy” rating and set a $25.00 price target (up from $24.00) on shares of Energy Transfer in a research note on Monday, August 10th. 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 report on Tuesday, July 21st. Truist Financial upped their target price on shares of Energy Transfer from $23.00 to $25.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Stifel Nicolaus started coverage on Energy Transfer in a research report on Thursday, September 10th. They issued a “buy” rating and a $25.00 price target on the stock. Finally, Citigroup reaffirmed a “buy” rating and set a $24.00 price objective (up from $23.00) on shares of Energy Transfer in a research note on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Energy Transfer presently has an average rating of “Moderate Buy” and an average target price of $24.36.

Insiders Place Their Bets

In other news, Director James Perry purchased 12,359 shares of the company’s stock in a transaction on Friday, August 7th. The shares were purchased at an average price of $20.23 per share, with a total value of $250,022.57. Following the purchase, the director directly owned 208,046 shares of the company’s stock, valued at $4,208,770.58. This trade represents a 6.32% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Kelcy Warren bought 647,968 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was purchased at an average cost of $21.26 per share, for a total transaction of $13,775,799.68. Following the transaction, the director owned 147,901,879 shares in the company, valued at $3,144,393,947.54. The trade was a 0.44% increase in their position. The SEC filing for this purchase provides additional information. Over the last ninety days, insiders purchased 1,012,359 shares of company stock valued at $21,513,543. Company insiders own 3.28% of the company’s stock.

Energy Transfer News Summary

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

• Positive Sentiment: Vaquero Midstream acquisition expands growth platform: Energy Transfer agreed to acquire Vaquero Midstream for approximately $2.625 billion, adding complementary midstream assets and expanding its operations. Management expects the bolt-on transaction to close in the fourth quarter. The consideration includes $1.95 billion in cash and approximately 33.3 million newly issued ET common units, and the deal is being described by analysts as strategic and potentially accretive. Energy Transfer to Acquire Vaquero Midstream
• Positive Sentiment: Constructive analyst outlook: Energy Transfer was resumed at Buy with a $26 price target. The bullish thesis points to strong volume growth, robust downstream utilization, a roughly 90% fee-based business mix and limited commodity-price exposure. A proprietary forecast projects mid-single-digit revenue growth and 60 basis points of margin expansion in fiscal 2027, supported in part by rising power demand from data centers. Energy Transfer: Buy the Dip
• Positive Sentiment: Distribution growth remains a catalyst: Recent commentary highlights record earnings and volumes, rising guidance and the possibility of a larger distribution increase with fourth-quarter results. Supportive commodity conditions, diversified operations and leverage below management’s targets could give ET more flexibility to reward unitholders. Energy Transfer Guidance Keeps Rising
• Neutral Sentiment: ET is also receiving elevated retail and search attention, while income-focused articles continue to emphasize its high distribution yield and recurring cash flows. This may improve visibility but is not, by itself, a fundamental catalyst. Energy Transfer Trending Stock
• Negative Sentiment: The Vaquero deal requires substantial cash and the issuance of new units, creating additional financing needs and potential per-unit dilution. Investors may also remain cautious about the extent to which data-center-related demand translates into near-term earnings growth.

Energy Transfer Trading Up 0.1%

Energy Transfer stock traded up $0.02 during mid-day trading on Tuesday, hitting $20.74. 7,776,202 shares of the company’s stock were exchanged, compared to its average volume of 12,502,816. The company’s 50 day simple moving average is $20.89 and its 200-day simple moving average is $19.97. The company has a quick ratio of 0.94, a current ratio of 1.16 and a debt-to-equity ratio of 1.45. The firm has a market capitalization of $71.41 billion, a P/E ratio of 14.11, a PEG ratio of 0.69 and a beta of 0.60. Energy Transfer LP has a fifty-two week low of $16.18 and a fifty-two week high of $21.84.

Energy Transfer (NYSE:ET) last announced its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate 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 11.55% and a net margin of 4.87%.The company’s revenue for the quarter was up 78.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.32 earnings per share. On average, equities analysts anticipate 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 was paid on Wednesday, August 19th. Investors of record on Friday, August 7th were issued a dividend of $0.34 per share. The ex-dividend date was Friday, August 7th. This is a positive change from Energy Transfer’s previous quarterly dividend of $0.3375. This represents a $1.36 dividend on an annualized basis and a dividend yield of 6.6%. Energy Transfer’s dividend payout ratio (DPR) is 92.52%.

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.