Energy Transfer LP $ET Holdings Increased by Maryland State Retirement & Pension System

Posted by Geri Gentry on Jun 17th, 2026

Maryland State Retirement & Pension System grew its stake in shares of Energy Transfer LP (NYSE:ET – Free Report) by 1.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,979,123 shares of the pipeline company’s stock after buying an additional 51,687 shares during the quarter. Energy Transfer comprises 1.0% of Maryland State Retirement & Pension System’s holdings, making the stock its 16th biggest position. Maryland State Retirement & Pension System’s holdings in Energy Transfer were worth $49,126,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ET. Basepoint Wealth LLC bought a new stake in shares of Energy Transfer during the 4th quarter worth about $25,000. Gables Capital Management Inc. raised its position in shares of Energy Transfer by 60.0% during the 4th quarter. Gables Capital Management Inc. now owns 1,600 shares of the pipeline company’s stock worth $26,000 after buying an additional 600 shares in the last quarter. Sarver Vrooman Wealth Advisors bought a new stake in shares of Energy Transfer during the 4th quarter worth about $32,000. Financial Life Planners bought a new stake in shares of Energy Transfer during the 3rd quarter worth about $34,000. Finally, Navalign LLC bought a new stake in shares of Energy Transfer during the 4th quarter worth about $37,000. 38.22% of the stock is currently owned by institutional investors.

Energy Transfer Trading Down 0.2%

Energy Transfer stock opened at $18.87 on Wednesday. The company has a 50 day moving average price of $19.44 and a 200 day moving average price of $18.38. 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. The firm has a market capitalization of $64.92 billion, a price-to-earnings ratio of 15.72, a P/E/G ratio of 1.10 and a beta of 0.55.

Energy Transfer (NYSE:ET – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The pipeline company reported $0.35 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 firm had revenue of $27.77 billion during the quarter, compared to analyst estimates of $25.78 billion. During the same period in the prior year, the business posted $0.36 EPS. The company’s revenue for the quarter was up 32.1% on a year-over-year basis. Research analysts forecast that Energy Transfer LP will post 1.43 EPS for the current year.

Energy Transfer Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Investors of record on Friday, May 8th were paid a $0.3375 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $1.35 dividend on an annualized basis and a yield of 7.2%. This is a positive change from Energy Transfer’s previous quarterly dividend of $0.34. Energy Transfer’s dividend payout ratio (DPR) is 112.50%.

Analysts Set New Price Targets

ET has been the topic of a number of recent analyst reports. Wells Fargo & Company boosted their price target on shares of Energy Transfer from $23.00 to $25.00 and gave the stock an “overweight” rating in a research report on Friday, March 13th. Jefferies Financial Group upgraded shares of Energy Transfer from a “hold” rating to a “buy” rating and set a $23.00 price target on the stock in a research report on Tuesday, May 26th. Weiss Ratings reiterated a “buy (b)” rating on shares of Energy Transfer in a report on Friday, June 5th. Scotiabank reiterated an “outperform” rating on shares of Energy Transfer in a report on Tuesday, May 12th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of Energy Transfer 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 given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $23.45.

Check Out Our Latest Research Report on Energy Transfer

Energy Transfer 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.