FY2026 EPS Estimate for Energy Transfer Raised by Analyst

Energy Transfer LP (TXSE:ET) – Scotiabank increased their FY2026 earnings estimates for shares of Energy Transfer in a report released on Wednesday, November 11th. Scotiabank analyst B. Bingham now expects that the pipeline company will post earnings of $1.71 per share for the year, up from their previous estimate of $1.66. Scotiabank currently has a “Sector Outperform” rating and a $23.00 price target on the stock. The consensus estimate for Energy Transfer’s current full-year earnings is $1.73 per share.

Energy Transfer (TXSE:ET) last posted its quarterly earnings results on Tuesday, November 3rd. The pipeline company reported $0.33 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 company had revenue of $37.10 billion during the quarter, compared to analyst estimates of $30.98 billion. During the same period last year, the firm earned $0.28 EPS.

A number of other brokerages have also commented on ET. Barclays reissued an “overweight” rating and set a $24.00 price target (up from $23.00) on shares of Energy Transfer in a research note on Wednesday, August 5th. Mizuho set a $26.00 target price on shares of Energy Transfer in a research note on Tuesday, October 13th. Capital One Financial initiated coverage on shares of Energy Transfer in a research note on Tuesday, September 22nd. They issued an “overweight” rating and a $26.00 price objective for the company. Stifel Nicolaus began coverage on shares of Energy Transfer in a research note on Thursday, September 10th. They set a “buy” rating and a $25.00 price target for the company. Finally, Morgan Stanley upped their price target on Energy Transfer from $23.00 to $25.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 18th. Two equities research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $24.73.

Energy Transfer Price Performance

Shares of ET opened at $19.42 on Friday. Energy Transfer has a 12-month low of $16.18 and a 12-month high of $21.84. The business has a 50-day simple moving average of $20.43 and a two-hundred day simple moving average of $19.73. 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 stock has a market cap of $66.87 billion, a PE ratio of 13.21, a PEG ratio of 0.73 and a beta of 0.62.

Energy Transfer Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Friday, November 6th will be paid a dividend of $0.3425 per share. This represents a $1.37 annualized dividend and a yield of 7.1%. This is an increase from Energy Transfer’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Friday, November 6th. Energy Transfer’s dividend payout ratio is presently 90.13%.

Insider Activity

In other news, Director Kelcy Warren acquired 647,968 shares of the business’s stock in a transaction dated 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 acquisition, the director owned 147,901,879 shares of the company’s stock, valued at $3,144,393,947.54. This trade represents a 0.44% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders own 3.28% of the company’s stock.

Institutional Trading of Energy Transfer

A number of hedge funds have recently bought and sold shares of ET. Ingalls & Snyder LLC lifted its holdings in shares of Energy Transfer by 3.9% in the 3rd quarter. Ingalls & Snyder LLC now owns 121,373 shares of the pipeline company’s stock worth $2,400,000 after acquiring an additional 4,500 shares during the last quarter. Benjamin Edwards Inc. raised its position in Energy Transfer by 1.0% in the 3rd quarter. Benjamin Edwards Inc. now owns 52,201 shares of the pipeline company’s stock worth $1,032,000 after purchasing an additional 542 shares during the period. DiPaolo Financial Group Inc. bought a new stake in Energy Transfer in the third quarter worth $49,000. Texas Yale Capital Corp. lifted its stake in Energy Transfer by 1.0% in the third quarter. Texas Yale Capital Corp. now owns 1,332,133 shares of the pipeline company’s stock worth $26,336,000 after purchasing an additional 13,230 shares during the last quarter. Finally, Cornerstone Select Advisors LLC lifted its stake in Energy Transfer by 12.7% in the third quarter. Cornerstone Select Advisors LLC now owns 19,534 shares of the pipeline company’s stock worth $386,000 after purchasing an additional 2,196 shares during the last quarter. Institutional investors own 38.22% of the company’s stock.

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.