Energy Transfer LP (NYSE: ET) is 12.68% higher on its value in year-to-date trading and has touched a low of $14.60 and a high of $21.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ET stock was last observed hovering at around $17.64 in the last trading session, with the day’s loss setting it -2.1%.
Currently trading at $15.54M, the stock is -0.96% and 1.20% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.09 million and changing 14091376% at the moment leaves the stock -1.75% off its SMA200. ET registered -9.70% loss for a year compared to 6-month loss of -2.80%. The firm has a 50-day simple moving average (SMA 50) of $17.481 and a 200-day simple moving average (SMA200) of $18.0048.
The stock witnessed a -1.06% gain in the last 1 month and extending the period to 3 months gives it a -6.30%, and is -2.53% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.61% over the week and 1.20% over the month.
Energy Transfer LP (ET) has around 16248 employees, a market worth around $60.71B and $82.06B in sales. Current P/E ratio is 13.32 and Fwd P/E is 11.36. Profit margin for the company is 5.56%. Distance from 52-week low is 21.16% and -17.53% from its 52-week high. The company has generated returns on investments over the last 12 months (4.76%).
The EPS is expected to grow by 13.09% this year.
Energy Transfer LP (ET) Top Institutional Holders
1334.0 institutions hold shares in Energy Transfer LP (ET), with institutional investors hold 36.13% of the company’s shares. The shares outstanding are 3.43B, and float is at 3.11B with Short Float at 0.92%. Institutions hold 32.50% of the Float.
The top institutional shareholder in the company is BLACKSTONE INC. with over 144.86 million shares valued at $2.35 billion. The investor’s holdings represent 4.2978% of the ET Shares outstanding. As of 2024-06-30, the second largest holder is GOLDMAN SACHS GROUP INC with 75.96 million shares valued at $1.23 billion to account for 2.2537 of the shares outstanding. The other top investors are ALPS ADVISORS INC which holds 71.23 million shares representing 2.1133% and valued at over $1.16 billion, while INVESCO LTD. holds 1.7273 of the shares totaling 58.22 million with a market value of $944.32 million.
Energy Transfer LP (ET) Insider Activity
The most recent transaction is an insider sale by Perry James Richard, the company’s Director. SEC filings show that Perry James Richard sold 1,369 shares of the company’s common stock on Jun 13 ’25 at a price of $18.48 per share for a total of $25299.0. Following the sale, the insider now owns 24523.0 shares.
Still, SEC filings show that on Aug 23 ’24, McIlwain Gregory G. (EVP – Operations) acquired 20,000 shares at an average price of $15.68 for $0.31 million. The insider now directly holds 591,211 shares of Energy Transfer LP (ET).
