In the last trading session, 11.26 million Energy Transfer LP (NYSE:ET) shares changed hands as the company’s beta touched 0.75. With the company’s per share price at $17.99 changed hands at $0.28 or 1.58% during last session, the market valuation stood at $61.74B. ET’s last price was a discount, traded about -19.23% off its 52-week high of $21.45. The share price had its 52-week low at $14.60, which suggests the last value was 18.84% up since then.
Analysts gave the Energy Transfer LP (ET) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.37. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended ET as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight.
Energy Transfer LP (NYSE:ET) trade information
Instantly ET was in green as seen at the end of in last trading. With action 0.50%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -8.17%, with the 5-day performance at 0.50% in the green. However, in the 30-day time frame, Energy Transfer LP (NYSE:ET) is 4.53% up.
The consensus price target for the stock as assigned by Wall Street analysts is 22, meaning bulls need an upside of 18.23% from its current market value. According to analyst projections, ET’s forecast low is 22 with 22 as the target high. To hit the forecast high, the stock’s price needs a -22.29% plunge from its current level, while the stock would need to soar -22.29% for it to hit the projected low.
Energy Transfer LP (ET) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -0.73%. The 2025 estimates are for Energy Transfer LP earnings to increase by 13.09%, but the outlook for the next 5-year period is at 8.69% per year.
ET Dividends
Energy Transfer LP is expected to release its next quarterly earnings report in July. The 7.20% annual yield figure for the share gives it an annual dividend of 1.30. It is important to note, however, that the 7.20% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Energy Transfer LP (NYSE:ET)’s Major holders
GOLDMAN SACHS GROUP INC holds the second largest percentage of outstanding shares, with 2.2537% or 75.96 million shares worth $1.23 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Feb 28, 2025 were ALPS ETF TRUST-ALERIAN MLP ETF and AIM Investment Fd.s -Invesco SteelPath MLP Income Fd. With 71.27 shares estimated at $1.28 billion under it, the former controlled 2.08% of total outstanding shares. On the other hand, AIM Investment Fd.s -Invesco SteelPath MLP Income Fd. held about 0.93% of the shares, roughly 31.82 shares worth around $572.36 million.
