Bollard Group LLC Has $15.70 Million Holdings in Energy Transfer LP $ET

Bollard Group LLC grew its position in shares of Energy Transfer LP (NYSE:ET) by 6.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 915,169 shares of the pipeline company’s stock after acquiring an additional 59,109 shares during the quarter. Bollard Group LLC’s holdings in Energy Transfer were worth $15,704,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the company. Lee Financial Co increased its stake in Energy Transfer by 359.7% during the 3rd quarter. Lee Financial Co now owns 193,817 shares of the pipeline company’s stock valued at $3,326,000 after purchasing an additional 151,657 shares in the last quarter. Eagle Global Advisors LLC increased its holdings in Energy Transfer by 6.0% during the 3rd quarter. Eagle Global Advisors LLC now owns 6,466,059 shares of the pipeline company’s stock worth $110,958,000 after purchasing an additional 363,623 shares in the last quarter. Corient Private Wealth LLC raised its stake in shares of Energy Transfer by 223.7% in the second quarter. Corient Private Wealth LLC now owns 1,690,771 shares of the pipeline company’s stock worth $30,654,000 after purchasing an additional 1,168,440 shares during the last quarter. Jump Financial LLC raised its stake in shares of Energy Transfer by 2,687.9% in the second quarter. Jump Financial LLC now owns 1,791,358 shares of the pipeline company’s stock worth $32,477,000 after purchasing an additional 1,727,104 shares during the last quarter. Finally, Maryland State Retirement & Pension System lifted its holdings in shares of Energy Transfer by 5.2% in the third quarter. Maryland State Retirement & Pension System now owns 2,927,436 shares of the pipeline company’s stock valued at $50,235,000 after purchasing an additional 144,037 shares in the last quarter. 38.22% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on ET. Scotiabank reaffirmed an “outperform” rating on shares of Energy Transfer in a research report on Friday, January 16th. TD Cowen increased their price target on Energy Transfer from $20.00 to $21.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Energy Transfer in a report on Wednesday, February 18th. JPMorgan Chase & Co. reduced their target price on shares of Energy Transfer from $22.00 to $21.00 and set an “overweight” rating for the company in a research note on Monday, November 24th. Finally, Barclays reiterated an “overweight” rating and issued a $22.00 target price (down from $25.00) on shares of Energy Transfer in a report on Monday, January 12th. Ten research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Energy Transfer presently has a consensus rating of “Moderate Buy” and a consensus target price of $21.60.

Energy Transfer News Summary

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

• Positive Sentiment: Wells Fargo raised its price target to $25 and moved ET to an “overweight” rating, implying roughly 33% upside from current levels — a clear catalyst for buying interest. Article Title
• Positive Sentiment: Morgan Stanley increased its price target to $21, reinforcing the analyst-driven bid into the stock. Article Title
• Positive Sentiment: Market reports note ET is trading up following analyst upgrades, reflecting immediate buying flow tied to the research calls. Article Title
• Positive Sentiment: Macro energy news — oil futures spiking toward $100 on Iran/Strait of Hormuz tensions — is lifting midstream names and ETF interest, which benefits ET’s fee-based transport and storage business. 4 ETFs That Are Worth Buying For $100 Oil
• Positive Sentiment: Investor pieces highlighting ET as a reliable dividend stock and a high-yield pipeline pick are supporting longer-term demand from income-focused buyers. Stock Market Crash: The Best Dividend Stocks to Buy Right Now
• Positive Sentiment: Additional retail coverage lists ET among high-yield pipeline names to buy and hold, reinforcing the narrative of stable cash flow and distribution support. 3 High-Yield Pipeline Stocks to Buy Now and Hold Forever
• Neutral Sentiment: News wires and market summaries reporting recent intraday gains provide confirmation of the move but add little new fundamental information. Article Title
• Neutral Sentiment: Coverage weighing dividend yield scenarios and geopolitical comments from the White House highlights uncertainty about how policy shifts could swing oil and midstream sentiment. Article Title
• Negative Sentiment: The planned U.S. Strategic Petroleum Reserve release (172M barrels) is a potential headwind for oil prices; lower crude could reduce short-term volumes or margin pressure for some midstream segments even though past SPR actions sometimes benefited ET. Monitor how the SPR and supply flows evolve. Prediction: One Surprise Winner Emerges as Strategic Reserves Are Released

Energy Transfer Stock Performance

ET stock opened at $18.78 on Friday. The firm has a market cap of $64.59 billion, a PE ratio of 15.52, a P/E/G ratio of 1.02 and a beta of 0.63. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.50. The business has a 50 day moving average of $18.13 and a 200-day moving average of $17.30. Energy Transfer LP has a 12-month low of $14.60 and a 12-month high of $19.30.

Energy Transfer (NYSE:ET) last issued its quarterly earnings results on Tuesday, February 17th. The pipeline company reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.09). Energy Transfer had a return on equity of 10.17% and a net margin of 5.11%.The business had revenue of $25.32 billion for the quarter, compared to the consensus estimate of $23.56 billion. During the same quarter last year, the business posted $0.29 earnings per share. The business’s revenue was up 29.6% compared to the same quarter last year. As a group, sell-side analysts expect that Energy Transfer LP will post 1.46 earnings per share for the current year.

Energy Transfer Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 19th. Stockholders of record on Friday, February 6th were given a dividend of $0.335 per share. The ex-dividend date of this dividend was Friday, February 6th. This represents a $1.34 annualized dividend and a dividend yield of 7.1%. This is a boost from Energy Transfer’s previous quarterly dividend of $0.33. Energy Transfer’s payout ratio is 110.74%.

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.