Energy Transfer (NYSE:ET) Upgraded at Jefferies Financial Group

Posted by on May 26th, 2026

Energy Transfer (NYSE:ET – Get Free Report) was upgraded by research analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a report released on Tuesday. The firm currently has a $23.00 price target on the pipeline company’s stock. Jefferies Financial Group’s price target would suggest a potential upside of 16.75% from the company’s current price.

A number of other brokerages have also issued reports on ET. Morgan Stanley upped their target price 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. JPMorgan Chase & Co. upped their target price on shares of Energy Transfer from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 12th. UBS Group reiterated a “buy” rating on shares of Energy Transfer in a research report on Tuesday, May 12th. Scotiabank restated an “outperform” rating on shares of Energy Transfer in a report on Tuesday, May 12th. Finally, Stifel Nicolaus increased their price objective on shares of Energy Transfer from $23.00 to $25.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Energy Transfer has an average rating of “Buy” and an average price target of $23.27.

Check Out Our Latest Analysis on Energy Transfer

Energy Transfer Price Performance

Shares of ET stock traded down $0.37 during trading hours on Tuesday, reaching $19.70. 7,367,476 shares of the company were exchanged, compared to its average volume of 15,865,139. Energy Transfer has a fifty-two week low of $16.18 and a fifty-two week high of $20.70. The stock’s fifty day moving average is $19.38 and its two-hundred day moving average is $18.10. The company has a market cap of $67.79 billion, a price-to-earnings ratio of 16.42, a P/E/G ratio of 1.21 and a beta of 0.57. 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 announced its earnings results on Tuesday, May 5th. The pipeline company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.05). Energy Transfer had a return on equity of 9.77% and a net margin of 4.66%.The company had revenue of $27.77 billion for the quarter, compared to analyst estimates of $25.78 billion. During the same quarter in the previous year, the company posted $0.36 earnings per share. Energy Transfer’s revenue for the quarter was up 32.1% on a year-over-year basis. Sell-side analysts forecast that Energy Transfer will post 1.37 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Energy Transfer

Several large investors have recently made changes to their positions in the stock. Axiom Investment Management LLC bought a new stake in shares of Energy Transfer during the first quarter worth $1,754,000. GKV Capital Management Co. Inc. bought a new stake in shares of Energy Transfer during the first quarter worth $74,000. Hobbs Group Advisors LLC increased its position in shares of Energy Transfer by 7.5% during the first quarter. Hobbs Group Advisors LLC now owns 16,546 shares of the pipeline company’s stock worth $319,000 after acquiring an additional 1,160 shares in the last quarter. Arete Wealth Advisors LLC increased its position in shares of Energy Transfer by 86.7% during the first quarter. Arete Wealth Advisors LLC now owns 75,004 shares of the pipeline company’s stock worth $1,445,000 after acquiring an additional 34,836 shares in the last quarter. Finally, Bank of America Corp DE grew its position in Energy Transfer by 5.7% in the first quarter. Bank of America Corp DE now owns 30,956,358 shares of the pipeline company’s stock valued at $597,458,000 after purchasing an additional 1,656,609 shares in the last quarter. Institutional investors own 38.22% of the company’s stock.

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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Analyst Recommendations for Energy Transfer (NYSE:ET)

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