Energy Transfer LP (NYSE:ET) Given Consensus Recommendation of “Buy” by Analysts

Posted by Brenda Bartman on May 13th, 2026

Energy Transfer LP (NYSE:ET – Get Free Report) has earned an average recommendation of “Buy” from the fifteen analysts that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $22.50.

A number of equities analysts have weighed in on ET shares. JPMorgan Chase & Co. increased their price target on shares of Energy Transfer from $22.00 to $24.00 and gave the stock an “overweight” rating in a research note on Tuesday. Truist Financial began coverage on shares of Energy Transfer in a research report on Tuesday, March 24th. They issued a “buy” rating and a $23.00 price objective for the company. Morgan Stanley increased their price objective on shares of Energy Transfer from $19.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 10th. Jefferies Financial Group reissued a “hold” rating on shares of Energy Transfer in a research report on Wednesday, May 6th. Finally, Scotiabank reissued an “outperform” rating on shares of Energy Transfer in a research report on Tuesday.

View Our Latest Analysis on ET

Energy Transfer Stock Performance

Shares of ET opened at $20.00 on Friday. 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 company has a market capitalization of $68.81 billion, a price-to-earnings ratio of 16.66, a PEG ratio of 1.10 and a beta of 0.57. The company’s 50 day simple moving average is $19.12 and its 200 day simple moving average is $17.88. Energy Transfer has a 1 year low of $16.18 and a 1 year high of $20.67.

Energy Transfer (NYSE:ET – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The pipeline company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.05). The firm had revenue of $27.77 billion for the quarter, compared to analysts’ expectations of $25.78 billion. Energy Transfer had a net margin of 4.66% and a return on equity of 9.77%. The business’s quarterly revenue was up 32.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.36 EPS. On average, sell-side analysts predict that Energy Transfer will post 1.47 EPS for the current year.

Energy Transfer Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 20th. Stockholders of record on Friday, May 8th will be given a $0.3375 dividend. The ex-dividend date of this dividend is Friday, May 8th. This is an increase from Energy Transfer’s previous quarterly dividend of $0.34. This represents a $1.35 annualized dividend and a dividend yield of 6.8%. Energy Transfer’s dividend payout ratio (DPR) is currently 112.50%.

Institutional Investors Weigh In On Energy Transfer

Several large investors have recently made changes to their positions in the business. Millennium Capital Advisors LLC increased its position in shares of Energy Transfer by 0.7% in the first quarter. Millennium Capital Advisors LLC now owns 142,168 shares of the pipeline company’s stock worth $2,744,000 after acquiring an additional 1,039 shares in the last quarter. Fortis Capital Management LLC increased its position in shares of Energy Transfer by 13.2% in the first quarter. Fortis Capital Management LLC now owns 56,488 shares of the pipeline company’s stock worth $1,090,000 after acquiring an additional 6,599 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of Energy Transfer by 3.2% in the first quarter. PNC Financial Services Group Inc. now owns 268,563 shares of the pipeline company’s stock worth $5,183,000 after acquiring an additional 8,290 shares in the last quarter. CMC Financial Group acquired a new stake in shares of Energy Transfer in the first quarter worth $579,000. Finally, Glenview Trust Co increased its position in shares of Energy Transfer by 2.4% in the first quarter. Glenview Trust Co now owns 78,315 shares of the pipeline company’s stock worth $1,511,000 after acquiring an additional 1,831 shares in the last quarter. Institutional investors and hedge funds own 38.22% of the company’s stock.

About Energy Transfer

(Get Free Report)

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.