Oppenheimer & Co. Inc. Sells 49,016 Shares of Energy Transfer LP $ET

Posted by Brenda Bartman on Aug 15th, 2026

Oppenheimer & Co. Inc. lowered its position in Energy Transfer LP (NYSE:ET – Free Report) by 11.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 378,328 shares of the pipeline company’s stock after selling 49,016 shares during the period. Oppenheimer & Co. Inc.’s holdings in Energy Transfer were worth $7,234,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Basepoint Wealth LLC bought a new stake in Energy Transfer in the fourth quarter worth approximately $25,000. Gables Capital Management Inc. increased its stake 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 purchasing an additional 600 shares during the last quarter. Sarver Vrooman Wealth Advisors acquired a new position in shares of Energy Transfer during the 4th quarter worth $32,000. Cassaday & Co Wealth Management LLC bought a new position in shares of Energy Transfer during the 1st quarter valued at $35,000. Finally, Navalign LLC bought a new position in shares of Energy Transfer during the 4th quarter valued at $37,000. Institutional investors own 38.22% of the company’s stock.

Insider Transactions at Energy Transfer

In other news, Director James Richard Perry purchased 12,359 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was bought at an average cost of $20.23 per share, for a total transaction of $250,022.57. Following the completion of the acquisition, the director directly owned 208,046 shares of the company’s stock, valued at approximately $4,208,770.58. The trade was a 6.32% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 3.28% of the stock is owned by company insiders.

Energy Transfer Trading Up 1.3%

NYSE:ET opened at $21.02 on Friday. The company’s 50 day moving average is $19.76 and its 200-day moving average is $19.32. The company has a quick ratio of 0.94, a current ratio of 1.16 and a debt-to-equity ratio of 1.45. Energy Transfer LP has a 12 month low of $16.18 and a 12 month high of $21.11. The firm has a market cap of $72.39 billion, a price-to-earnings ratio of 14.30, a P/E/G ratio of 1.97 and a beta of 0.55.

Energy Transfer (NYSE:ET – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.21. Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The business had revenue of $34.33 billion during the quarter, compared to the consensus estimate of $27.71 billion. During the same period in the prior year, the firm earned $0.32 EPS. Energy Transfer’s quarterly revenue was up 78.4% compared to the same quarter last year. Equities analysts anticipate that Energy Transfer LP will post 1.57 EPS for the current year.

Energy Transfer Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 19th. Shareholders of record on Friday, August 7th will be given a dividend of $0.34 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $1.36 dividend on an annualized basis and a yield of 6.5%. This is a positive change from Energy Transfer’s previous quarterly dividend of $0.34. Energy Transfer’s dividend payout ratio (DPR) is presently 92.52%.

Analyst Upgrades and Downgrades

ET has been the subject of several analyst reports. TD Cowen reaffirmed a “buy” rating and issued a $25.00 price objective (up from $24.00) on shares of Energy Transfer in a research note on Monday. Wall Street Zen raised shares of Energy Transfer from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Zacks Research lowered Energy Transfer from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Barclays reaffirmed an “overweight” rating and issued a $24.00 price target (up from $23.00) on shares of Energy Transfer in a research report on Wednesday, August 5th. Finally, UBS Group reiterated a “buy” rating on shares of Energy Transfer in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $23.92.

Check Out Our Latest Stock Report on ET

Key Stories Impacting Energy Transfer

Here are the key news stories impacting Energy Transfer this week:

Positive Sentiment: Income appeal remains a key support. An investor analysis argues that Energy Transfer’s distribution yield, now near 6.5%, remains attractive and that the payout appears dependable, reinforcing ET’s appeal as a high-income midstream investment. Energy Transfer’s Yield Just Climbed Near 6.5%. Here’s Why I’m Not Worried About the Payout.
Positive Sentiment: AI-related power demand could create growth opportunities. Alpha Wealth Funds highlighted ET’s positioning to benefit from the expected surge in electricity consumption from artificial-intelligence infrastructure, potentially increasing demand for natural gas and related energy services. Energy Transfer Positions to Capitalize on the AI Power Surge
Positive Sentiment: Analyst and insider signals are favorable. Truist Financial forecast strong potential price appreciation, while separate coverage said ET shares benefited from insider buying activity. These signals may strengthen investor confidence, although they do not guarantee future performance. Truist Financial Forecasts Strong Price Appreciation for Energy Transfer Stock Energy Transfer Stock Price Up on Insider Buying Activity
Neutral Sentiment: Natural-gas prices moved higher. Warmer-weather forecasts helped lift natural-gas prices, which could improve industry sentiment. However, ET’s diversified, largely fee-based midstream model may limit the direct effect of commodity-price changes. Nat-Gas Prices Close Higher on Warm Forecasts
Negative Sentiment: Zacks downgraded ET from “strong buy” to “hold.” The rating change is a modest headwind and may encourage some investors to take profits after the stock’s recent momentum. Zacks.com

About Energy Transfer

(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.

Institutional Ownership by Quarter for Energy Transfer (NYSE:ET)

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