49,846 Energy Transfer LP $ET Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC grew its stake in shares of Energy Transfer LP (TXSE:ET) by 21.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 286,429 shares of the pipeline company’s stock after purchasing an additional 49,846 shares during the quarter. International Assets Investment Management LLC’s holdings in Energy Transfer were worth $5,757,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. SeedSafe Financial LLC raised its stake in shares of Energy Transfer by 36.1% during the third quarter. SeedSafe Financial LLC now owns 32,824 shares of the pipeline company’s stock valued at $649,000 after acquiring an additional 8,700 shares in the last quarter. Arrow Investment Advisors LLC boosted its holdings in shares of Energy Transfer by 17.5% in the third quarter. Arrow Investment Advisors LLC now owns 12,766 shares of the pipeline company’s stock valued at $252,000 after purchasing an additional 1,900 shares during the period. Calamos Advisors LLC grew its stake in Energy Transfer by 6.0% in the third quarter. Calamos Advisors LLC now owns 244,843 shares of the pipeline company’s stock worth $4,841,000 after purchasing an additional 13,853 shares in the last quarter. Quadcap Wealth Management LLC grew its stake in Energy Transfer by 4.6% in the third quarter. Quadcap Wealth Management LLC now owns 16,812 shares of the pipeline company’s stock worth $332,000 after purchasing an additional 740 shares in the last quarter. Finally, Platform Technology Partners grew its stake in Energy Transfer by 0.8% in the third quarter. Platform Technology Partners now owns 70,225 shares of the pipeline company’s stock worth $1,388,000 after purchasing an additional 549 shares in the last quarter. 38.22% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Energy Transfer

In related news, Director Kelcy Warren acquired 647,968 shares of the firm’s stock in a transaction on Wednesday, August 19th. The shares were acquired at an average cost of $21.26 per share, with a total value of $13,775,799.68. Following the completion of the acquisition, the director directly owned 147,901,879 shares in the company, valued at approximately $3,144,393,947.54. This trade represents a 0.44% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.28% of the stock is currently owned by insiders.

Energy Transfer Price Performance

The stock has a market capitalization of $65.15 billion, a price-to-earnings ratio of 12.87, a PEG ratio of 0.73 and a beta of 0.62. Energy Transfer LP has a 52 week low of $16.18 and a 52 week high of $21.84. The company has a 50-day moving average of $20.60 and a 200-day moving average of $19.70. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.16 and a quick ratio of 0.94.

Energy Transfer (TXSE:ET) last announced its earnings results on Tuesday, November 3rd. The pipeline company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $30.98 billion. During the same quarter last year, the business earned $0.28 EPS. As a group, sell-side analysts expect that Energy Transfer LP will post 1.73 EPS for the current year.

Energy Transfer Increases Dividend

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

Key Energy Transfer News

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

Analysts Set New Price Targets

A number of brokerages have weighed in on ET. Barclays reaffirmed an “overweight” rating and set a $24.00 target price (up from $23.00) on shares of Energy Transfer in a research report on Wednesday, August 5th. Royal Bank Of Canada restated an “outperform” rating and set a $23.00 price target (up from $21.00) on shares of Energy Transfer in a research note on Tuesday, July 21st. Zacks Research lowered Energy Transfer from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 11th. Mizuho set a $26.00 price objective on Energy Transfer in a report on Tuesday, October 13th. Finally, Morgan Stanley upped their price objective on shares of Energy Transfer from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 18th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $24.80.

About Energy Transfer

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.