Energy Transfer (NYSEAMERICAN:ET) Stock Breaks Above Fifty Day Moving Average – Here’s What Happened

Posted by Francis Steltz on Oct 30th, 2026

Energy Transfer LP (NYSEAMERICAN:ET – Get Free Report) shares crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $20.77 and traded as high as $21.02. Energy Transfer shares last traded at $20.88, with a volume of 9,308,975 shares trading hands.

Analysts Set New Price Targets

ET has been the topic of several research reports. TD Cowen restated a “buy” rating and issued a $25.00 target price (up from $24.00) on shares of Energy Transfer in a report on Monday, August 10th. Morgan Stanley boosted their target price on shares of Energy Transfer from $23.00 to $25.00 and gave the company an “equal weight” rating in a research note on Tuesday, August 18th. Stifel Nicolaus initiated coverage on Energy Transfer in a report on Thursday, September 10th. They set a “buy” rating and a $25.00 price target on the stock. Weiss Ratings upgraded Energy Transfer from a “buy (b)” rating to a “buy (a-)” rating in a research note on Tuesday, September 8th. Finally, Citigroup reaffirmed a “buy” rating and issued a $24.00 price objective (up from $23.00) on shares of Energy Transfer in a report on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Energy Transfer has a consensus rating of “Moderate Buy” and a consensus price target of $24.60.

View Our Latest Research Report on ET

Energy Transfer Stock Up 0.8%

The stock has a market cap of $71.90 billion, a PE ratio of 14.20, a price-to-earnings-growth ratio of 0.72 and a beta of 0.60. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.94 and a current ratio of 1.16. The company’s 50-day moving average price is $20.77 and its 200 day moving average price is $19.63.

Energy Transfer (NYSEAMERICAN:ET – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The pipeline company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.21. The firm had revenue of $34.33 billion for the quarter, compared to analysts’ expectations of $27.71 billion. Energy Transfer had a net margin of 4.87% and a return on equity of 11.55%. The business’s quarterly revenue was up 78.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.32 EPS. As a group, analysts forecast that Energy Transfer LP will post 1.73 EPS for the current fiscal year.

Energy Transfer Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Friday, November 6th will be issued a dividend of $0.3425 per share. This is an increase from Energy Transfer’s previous quarterly dividend of $0.34. This represents a $1.37 dividend on an annualized basis and a yield of 6.6%. The ex-dividend date of this dividend is Friday, November 6th. Energy Transfer’s dividend payout ratio is currently 92.52%.

Insider Activity at Energy Transfer

In other Energy Transfer news, Director James Perry purchased 12,359 shares of the firm’s stock in a transaction on Friday, August 7th. The shares were acquired at an average cost of $20.23 per share, for a total transaction of $250,022.57. Following the completion of the transaction, the director 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 acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Kelcy Warren purchased 647,968 shares of the company’s stock in a transaction dated Wednesday, August 19th. The shares were acquired at an average price of $21.26 per share, for a total transaction of $13,775,799.68. Following the purchase, the director directly owned 147,901,879 shares in the company, valued at approximately $3,144,393,947.54. The trade was a 0.44% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 1,012,359 shares of company stock worth $21,513,543 over the last quarter. Insiders own 3.28% of the company’s stock.

Hedge Funds Weigh In On Energy Transfer

Institutional investors have recently bought and sold shares of the stock. GRIMES & Co WEALTH MANAGEMENT LLC increased its position in Energy Transfer by 23.8% in the third quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 15,807 shares of the pipeline company’s stock worth $313,000 after buying an additional 3,035 shares in the last quarter. McAlvany Wealth Management LLC bought a new position in shares of Energy Transfer in the third quarter worth about $1,022,000. Welch Group LLC lifted its position in shares of Energy Transfer by 66.0% during the 3rd quarter. Welch Group LLC now owns 56,875 shares of the pipeline company’s stock valued at $1,124,000 after buying an additional 22,612 shares in the last quarter. Woodmont Investment Counsel LLC lifted its position in shares of Energy Transfer by 53.3% during the 3rd quarter. Woodmont Investment Counsel LLC now owns 18,551 shares of the pipeline company’s stock valued at $367,000 after buying an additional 6,447 shares in the last quarter. Finally, Walled Lake Planning & Wealth Management LLC grew its stake in shares of Energy Transfer by 9.1% during the 3rd quarter. Walled Lake Planning & Wealth Management LLC now owns 30,912 shares of the pipeline company’s stock valued at $611,000 after acquiring an additional 2,572 shares during the period. 38.22% of the stock is owned by institutional investors.

Energy Transfer Company Profile

(Get Free Report)

Energy Transfer LP is a diversified energy infrastructure company headquartered in Dallas, Texas. The partnership owns and operates a broad network of pipelines, processing facilities, storage assets and terminals that support the movement of natural gas, natural gas liquids, crude oil and refined products across the United States.

The company’s operations include gathering and processing natural gas, transporting and storing natural gas and NGLs, fractionating NGLs into component products, and transporting crude oil and refined products.