During the last session, Energy Transfer LP (NYSE:ET)’s traded shares were 30.22 million, with the beta value of the company hitting 0.75. At the end of the trading day, the stock’s price was $16.89, reflecting an intraday gain of 6.83% or $1.08. The 52-week high for the ET share is $21.45, that puts it down -27.0 from that peak though still a striking 13.56% gain since the share price plummeted to a 52-week low of $14.60. The company’s market capitalization is $57.95B, and the average trade volume was 17.28 million shares over the past three months.
Energy Transfer LP (ET) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.45. ET has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it.
Energy Transfer LP (NYSE:ET) trade information
Energy Transfer LP (ET) registered a 6.83% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 6.83% in intraday trading to $16.89, hitting a weekly high. The stock’s 5-day price performance is 2.12%, and it has moved by 6.43% in 30 days. Based on these gigs, the overall price performance for the year is 6.29%.
The consensus price target of analysts on Wall Street is $22.5, which implies an increase of 24.93% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $22 and $23 respectively. As a result, ET is trading at a discount of -36.18% off the target high and -30.25% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -0.73%. While earnings are projected to return 15.23% in 2025, the next five years will return 8.14% per annum.
ET Dividends
Energy Transfer LP is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Energy Transfer LP is 1.28, with the dividend yield indicating at 7.61 percent, continuing the trend of increasing dividends in recent years.
The next largest institutional holding, with 75.96 million shares, is of GOLDMAN SACHS GROUP INC’s that is approximately 2.2537% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.23 billion.
Also, the Mutual Funds coming in first place with the largest holdings of Energy Transfer LP (ET) shares are ALPS ETF TRUST-ALERIAN MLP ETF and AIM Investment Fd.s -Invesco SteelPath MLP Income Fd. . Data provided on Feb 28, 2025 indicates that ALPS ETF TRUST-ALERIAN MLP ETF owns about 71.27 shares. This amounts to just over 2.08 percent of the company’s overall shares, with a $1.2 billion market value. The same data shows that the other fund manager holds slightly less at 31.82, or about 0.93% of the stock, which is worth about $537.36 million.
