Energy Transfer LP $ET Stock Position Lifted by Oak Grove Capital LLC

Posted by Stanley Muller on Jun 19th, 2026

Oak Grove Capital LLC raised its stake in Energy Transfer LP (NYSE:ET – Free Report) by 89.2% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 422,500 shares of the pipeline company’s stock after buying an additional 199,200 shares during the quarter. Energy Transfer accounts for about 0.8% of Oak Grove Capital LLC’s holdings, making the stock its 23rd biggest position. Oak Grove Capital LLC’s holdings in Energy Transfer were worth $6,967,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Morgan Stanley boosted its stake in shares of Energy Transfer by 41.6% during the 4th quarter. Morgan Stanley now owns 86,310,272 shares of the pipeline company’s stock valued at $1,423,256,000 after buying an additional 25,366,594 shares during the period. Alps Advisors Inc. raised its holdings in shares of Energy Transfer by 8.0% during the fourth quarter. Alps Advisors Inc. now owns 83,843,087 shares of the pipeline company’s stock worth $1,382,573,000 after acquiring an additional 6,192,066 shares in the last quarter. Invesco Ltd. boosted its position in Energy Transfer by 3.2% during the third quarter. Invesco Ltd. now owns 57,862,666 shares of the pipeline company’s stock valued at $992,923,000 after purchasing an additional 1,773,042 shares during the last quarter. Tortoise Capital Advisors L.L.C. boosted its position in Energy Transfer by 0.3% during the fourth quarter. Tortoise Capital Advisors L.L.C. now owns 38,675,828 shares of the pipeline company’s stock valued at $637,764,000 after purchasing an additional 103,245 shares during the last quarter. Finally, Energy Income Partners LLC grew its stake in Energy Transfer by 1.4% in the third quarter. Energy Income Partners LLC now owns 23,351,183 shares of the pipeline company’s stock valued at $400,706,000 after purchasing an additional 326,653 shares in the last quarter. Hedge funds and other institutional investors own 38.22% of the company’s stock.

Energy Transfer Trading Up 0.1%

Shares of ET stock opened at $18.77 on Friday. Energy Transfer LP has a 12 month low of $16.18 and a 12 month high of $20.70. The company has a quick ratio of 0.93, a current ratio of 1.17 and a debt-to-equity ratio of 1.50. The business’s 50 day moving average is $19.43 and its two-hundred day moving average is $18.42. The company has a market cap of $64.60 billion, a PE ratio of 15.64, a price-to-earnings-growth ratio of 1.09 and a beta of 0.55.

Energy Transfer (NYSE:ET – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The pipeline company reported $0.35 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.05). The firm had revenue of $27.77 billion during the quarter, compared to analyst estimates of $25.78 billion. Energy Transfer had a return on equity of 9.77% and a net margin of 4.66%.Energy Transfer’s quarterly revenue was up 32.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.36 earnings per share. Equities analysts predict that Energy Transfer LP will post 1.43 EPS for the current year.

Energy Transfer Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Friday, May 8th were issued a $0.3375 dividend. This is a boost from Energy Transfer’s previous quarterly dividend of $0.34. The ex-dividend date was Friday, May 8th. This represents a $1.35 annualized dividend and a yield of 7.2%. Energy Transfer’s payout ratio is 112.50%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Energy Transfer in a research report on Friday, June 5th. Jefferies Financial Group raised Energy Transfer from a “hold” rating to a “buy” rating and set a $23.00 price target for the company in a research note on Tuesday, May 26th. Wells Fargo & Company upped their price objective on shares of Energy Transfer from $23.00 to $25.00 and gave the stock an “overweight” rating in a report on Friday, March 13th. Raymond James Financial reissued a “strong-buy” rating on shares of Energy Transfer in a research report on Wednesday, May 6th. Finally, UBS Group restated a “buy” rating on shares of Energy Transfer in a report on Tuesday, May 12th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $23.45.

Check Out Our Latest Research Report on Energy Transfer

About Energy Transfer

(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.