CMC Financial Group Invests $579,000 in Energy Transfer LP $ET

Posted by Brenda Bartman on Jul 22nd, 2026

CMC Financial Group bought a new position in shares of Energy Transfer LP (NYSE:ET – Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund bought 30,000 shares of the pipeline company’s stock, valued at approximately $579,000. Energy Transfer comprises about 1.1% of CMC Financial Group’s portfolio, making the stock its 25th biggest holding.

A number of other large investors have also added to or reduced their stakes in ET. Basepoint Wealth LLC bought a new position in Energy Transfer during the fourth quarter worth $25,000. Gables Capital Management Inc. increased its holdings in shares of Energy Transfer by 60.0% in the fourth quarter. Gables Capital Management Inc. now owns 1,600 shares of the pipeline company’s stock valued at $26,000 after purchasing an additional 600 shares during the last quarter. Sarver Vrooman Wealth Advisors bought a new position in shares of Energy Transfer in the fourth quarter valued at about $32,000. Cassaday & Co Wealth Management LLC bought a new position in shares of Energy Transfer in the first quarter valued at about $35,000. Finally, Navalign LLC acquired a new stake in shares of Energy Transfer during the 4th quarter worth about $37,000. Institutional investors own 38.22% of the company’s stock.

Energy Transfer Trading Down 0.1%

Shares of Energy Transfer stock opened at $20.25 on Wednesday. The firm has a 50-day moving average of $19.53 and a 200-day moving average of $18.91. The stock has a market cap of $69.70 billion, a PE ratio of 16.88, a PEG ratio of 1.17 and a beta of 0.55. Energy Transfer LP has a 52-week low of $16.18 and a 52-week high of $20.70. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.93 and a current ratio of 1.17.

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

Energy Transfer Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Friday, May 8th were given a dividend of $0.3375 per share. This represents a $1.35 dividend on an annualized basis and a dividend yield of 6.7%. The ex-dividend date was Friday, May 8th. This is a boost from Energy Transfer’s previous quarterly dividend of $0.34. Energy Transfer’s dividend payout ratio (DPR) is currently 112.50%.

Wall Street Analysts Forecast Growth

ET has been the subject of several research analyst reports. Morgan Stanley lifted their target price on shares of Energy Transfer from $21.00 to $23.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 27th. Truist Financial began coverage on shares of Energy Transfer in a report on Tuesday, March 24th. They issued a “buy” rating and a $23.00 price target on the stock. Jefferies Financial Group upgraded shares of Energy Transfer from a “hold” rating to a “buy” rating and set a $23.00 price objective for the company in a research report on Tuesday, May 26th. Zacks Research upgraded Energy Transfer from a “hold” rating to a “strong-buy” rating in a report on Monday, July 13th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Energy Transfer in a research report on Friday, June 5th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Energy Transfer presently has a consensus rating of “Buy” and an average target price of $23.50.

View Our Latest Stock Report on ET

Energy Transfer Company Profile

(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.