Energy Transfer LP (NYSE:ET) has a beta value of 0.80 and has seen 2.34 million shares traded in the recent trading session. The company, currently valued at $60.04B, closed the recent trade at $17.5 per share which meant it lost -$0.09 on the day or -0.53% during that session. The ET stock price is -22.57% off its 52-week high price of $21.45 and 16.57% above the 52-week low of $14.60. If we look at the company’s 10-day average daily trading volume, we find that it stood at 11.72 million shares traded. The 3-month trading volume is 13.35 million shares.
The consensus among analysts is that Energy Transfer LP (ET) is Buy stock at the moment, with a recommendation rating of 1.26. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 7 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight.
Energy Transfer LP (NYSE:ET) trade information
Sporting -0.53% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ET stock price touched $17.5 or saw a rise of 0.91%. Year-to-date, Energy Transfer LP shares have moved 7.67%, while the 5-day performance has seen it change -0.82%. Over the past 30 days, the shares of Energy Transfer LP (NYSE:ET) have changed -4.50%. Short interest in the company has seen 27.69 million shares shorted with days to cover at 2.4.
Wall Street analysts have a consensus price target for the stock at $22, which means that the shares’ value could jump 20.45% from the levels at last check today.. The projected low price target is $22.0 while the price target rests at a high of $22.0. In that case, then, we find that the latest price level in today’s session is -25.71% off the targeted high while a plunge would see the stock gain -25.71% from the levels at last check today..
Energy Transfer LP (ET) estimates and forecasts
The company’s shares have lost -10.14% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -0.73% over the past 5 years. Earnings growth for 2025 is a modest 12.73% while over the next 5 years, the company’s earnings are expected to increase by 8.55%.
ET Dividends
Energy Transfer LP is expected to release its next earnings report on 2025-May-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.30 at a share yield of 7.40%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 8.97%.
Energy Transfer LP (NYSE:ET)’s Major holders
Insiders own 10.04% of the company shares, while shares held by institutions stand at 32.49% with a share float percentage of 36.11%. Investors are also buoyed by the number of investors in a company, with Energy Transfer LP having a total of 1325.0 institutions that hold shares in the company. The top two institutional holders are BLACKSTONE INC. with over 144.86 million shares worth more than $2.35 billion. As of 2024-06-30, BLACKSTONE INC. held 4.2978% of shares outstanding.
The other major institutional holder is GOLDMAN SACHS GROUP INC, with the holding of over 75.96 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.23 billion and represent 2.2537% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are ALPS ETF TRUST-ALERIAN MLP ETF and AIM Investment Fd.s -Invesco SteelPath MLP Income Fd. . As of Feb 28, 2025 , the former fund manager holds about 2.08% shares in the company for having 71.27 shares of worth $1.24 billion while later fund manager owns 31.82 shares of worth $554.7 million as of Feb 28, 2025 , which makes it owner of about 0.93% of company’s outstanding stock.
