Energy Transfer (NYSE:ET) Shares Down 1.5% – What’s Next?

Posted by Brenda Bartman on Jun 26th, 2026

Shares of Energy Transfer LP (NYSE:ET – Get Free Report) were down 1.5% during trading on Wednesday . The stock traded as low as $18.81 and last traded at $18.9290. 7,833,230 shares traded hands during trading, a decline of 47% from the average daily volume of 14,763,099 shares. The stock had previously closed at $19.22.

Wall Street Analysts Forecast Growth

ET has been the topic of a number of research reports. Scotiabank restated an “outperform” rating on shares of Energy Transfer in a report on Tuesday, May 12th. Morgan Stanley lifted their price target on Energy Transfer from $21.00 to $23.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 27th. Truist Financial started coverage on Energy Transfer in a research note on Tuesday, March 24th. They set a “buy” rating and a $23.00 price objective on the stock. Barclays reaffirmed an “overweight” rating and issued a $23.00 price objective (up from $22.00) on shares of Energy Transfer in a research note on Thursday, May 14th. Finally, UBS Group reiterated a “buy” rating on shares of Energy Transfer in a report on Tuesday, May 12th. Two investment 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 MarketBeat.com, Energy Transfer has an average rating of “Buy” and a consensus target price of $23.45.

Check Out Our Latest Analysis on Energy Transfer

Energy Transfer Trading Down 0.1%

The stock has a fifty day moving average of $19.43 and a 200-day moving average of $18.50. 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 company has a market cap of $65.95 billion, a PE ratio of 15.96, a PEG ratio of 1.10 and a beta of 0.55.

Energy Transfer (NYSE:ET – Get Free Report) last released its earnings results 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). Energy Transfer had a return on equity of 9.77% and a net margin of 4.66%.The business had revenue of $27.77 billion during the quarter, compared to analysts’ expectations of $25.78 billion. During the same quarter in the previous year, the business earned $0.36 EPS. The business’s revenue for the quarter was up 32.1% on a year-over-year basis. Sell-side analysts anticipate that Energy Transfer LP will post 1.43 EPS for the current fiscal year.

Energy Transfer Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 20th. Stockholders 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 7.0%. This is a boost from Energy Transfer’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend was Friday, May 8th. Energy Transfer’s dividend payout ratio is 112.50%.

Institutional Trading of Energy Transfer

A number of large investors have recently modified their holdings of the company. Ballast Advisors LLC bought a new stake in Energy Transfer during the 1st quarter valued at $96,000. Sapient Capital LLC raised its holdings in shares of Energy Transfer by 4.0% in the first quarter. Sapient Capital LLC now owns 15,457 shares of the pipeline company’s stock valued at $298,000 after acquiring an additional 593 shares in the last quarter. NewEdge Advisors LLC lifted its stake in Energy Transfer by 1.6% in the first quarter. NewEdge Advisors LLC now owns 860,407 shares of the pipeline company’s stock worth $16,606,000 after acquiring an additional 13,785 shares during the period. Lavelle Capital LP purchased a new stake in Energy Transfer in the first quarter worth about $1,050,000. Finally, Alpine Woods Capital Investors LLC grew its holdings in Energy Transfer by 21.5% during the 1st quarter. Alpine Woods Capital Investors LLC now owns 14,400 shares of the pipeline company’s stock worth $278,000 after acquiring an additional 2,550 shares in the last quarter. Hedge funds and other institutional investors own 38.22% of the company’s stock.

About Energy Transfer

(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.