Rep. Brian Babin Sells Energy Transfer LP (NYSE:ET) Stock

Posted by on May 20th, 2026

Representative Brian Babin (Republican-Texas) recently sold shares of Energy Transfer LP (NYSE:ET). In a filing disclosed on May 18th, the Representative disclosed that they had sold between $1,001 and $15,000 in Energy Transfer stock on May 5th. The trade occurred in the Representative’s “UBS SEP IRA” account.

Representative Brian Babin also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Westshore Terminals Investment (OTCMKTS:WTSHF) on 5/5/2026.
  • Sold $1,001 – $15,000 in shares of Compass Diversified (NYSE:CODI) on 5/5/2026.
  • Sold $1,001 – $15,000 in shares of FTAI Infrastructure (NASDAQ:FIP) on 5/5/2026.
  • Sold $15,001 – $50,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 5/5/2026.
  • Sold $1,001 – $15,000 in shares of South32 (OTCMKTS:SOUHY) on 5/5/2026.
  • Sold $1,001 – $15,000 in shares of Range Resources (NYSE:RRC) on 5/5/2026.
  • Sold $1,001 – $15,000 in shares of Enbridge (NYSE:ENB) on 5/5/2026.
  • Sold $15,001 – $50,000 in shares of Huntington Ingalls Industries (NYSE:HII) on 5/5/2026.
  • Sold $1,001 – $15,000 in shares of Woodside Energy Group (NYSE:WDS) on 5/5/2026.
  • Sold $50,001 – $100,000 in shares of FTAI Aviation (NASDAQ:FTAI) on 5/5/2026.

Energy Transfer Trading Up 1.2%

ET stock opened at $20.44 on Wednesday. The company has a market capitalization of $70.33 billion, a PE ratio of 17.03, a P/E/G ratio of 1.22 and a beta of 0.57. Energy Transfer LP has a 12 month low of $16.18 and a 12 month high of $20.67. The firm’s 50-day moving average is $19.26 and its 200 day moving average is $18.00. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.17 and a quick ratio of 0.93.

Energy Transfer (NYSE:ET – Get Free Report) last posted 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). The company had revenue of $27.77 billion during the quarter, compared to analysts’ expectations of $25.78 billion. Energy Transfer had a return on equity of 9.77% and a net margin of 4.66%.The company’s quarterly revenue was up 32.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.36 EPS. On average, research analysts anticipate that Energy Transfer LP will post 1.37 EPS for the current year.

Energy Transfer Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, May 20th. Investors of record on Friday, May 8th will be paid a $0.3375 dividend. The ex-dividend date of this dividend is Friday, May 8th. This represents a $1.35 annualized dividend and a yield of 6.6%. This is a boost from Energy Transfer’s previous quarterly dividend of $0.34. Energy Transfer’s payout ratio is 112.50%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Morgan Stanley grew its position in shares of Energy Transfer by 41.6% in the 4th quarter. Morgan Stanley now owns 86,310,272 shares of the pipeline company’s stock worth $1,423,256,000 after buying an additional 25,366,594 shares during the last quarter. Alps Advisors Inc. grew its position in shares of Energy Transfer by 8.0% in the 4th quarter. Alps Advisors Inc. now owns 83,843,087 shares of the pipeline company’s stock worth $1,382,573,000 after buying an additional 6,192,066 shares during the last quarter. Invesco Ltd. grew its position in shares of Energy Transfer by 3.2% in the 3rd quarter. Invesco Ltd. now owns 57,862,666 shares of the pipeline company’s stock worth $992,923,000 after buying an additional 1,773,042 shares during the last quarter. Tortoise Capital Advisors L.L.C. grew its position in shares of Energy Transfer by 0.3% in the 4th quarter. Tortoise Capital Advisors L.L.C. now owns 38,675,828 shares of the pipeline company’s stock worth $637,764,000 after buying an additional 103,245 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of Energy Transfer by 5.7% in the 1st quarter. Bank of America Corp DE now owns 30,956,358 shares of the pipeline company’s stock worth $597,458,000 after buying an additional 1,656,609 shares during the last quarter. Hedge funds and other institutional investors own 38.22% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on ET shares. JPMorgan Chase & Co. raised their target price on shares of Energy Transfer from $22.00 to $24.00 and gave the company an “overweight” rating in a research report on Tuesday, May 12th. Morgan Stanley raised their target price on shares of Energy Transfer from $19.00 to $21.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 10th. Citigroup reissued a “buy” rating and set a $23.00 target price (up from $22.00) on shares of Energy Transfer in a research report on Thursday, May 7th. Raymond James Financial reissued a “strong-buy” rating on shares of Energy Transfer in a research report on Wednesday, May 6th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Energy Transfer in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $22.73.

Get Our Latest Report on ET

About Representative Babin

Brian Babin (Republican Party) is a member of the U.S. House, representing Texas’ 36th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Babin (Republican Party) is running for re-election to the U.S. House to represent Texas’ 36th Congressional District. He declared candidacy for the 2026 election.

Babin is a member of the House Transportation and Infrastructure Committee and the House Committee on Science, Space, and Technology.

Babin served in the United States Air Force as a captain from 1975 to 1979. While serving, he earned his B.S. in biology from Lamar University in 1973. He then enrolled in dental school at the University of Texas and graduated with his D.D.S. in 1976. He has been engaged in general dental practice since 1979.

Energy Transfer Company Profile

(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.

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