EQT (NYSE:EQT – Free Report) had its price target decreased by JPMorgan Chase & Co. from $64.00 to $58.00 in a research note issued to investors on Friday,MarketScreener reports. JPMorgan Chase & Co. currently has an overweight rating on the oil and gas producer’s stock.
A number of other analysts have also issued reports on EQT. Wolfe Research cut their target price on EQT from $70.00 to $61.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Wells Fargo & Company lowered their target price on EQT from $68.00 to $66.00 and set an “overweight” rating for the company in a report on Thursday, October 23rd. Sanford C. Bernstein raised their price objective on shares of EQT from $72.00 to $73.00 and gave the company an “outperform” rating in a research note on Monday, January 5th. Siebert Williams Shank cut their target price on shares of EQT from $62.00 to $59.00 and set a “hold” rating on the stock in a research note on Monday, October 13th. Finally, Citigroup decreased their price target on shares of EQT from $63.00 to $62.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Nineteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $63.59.
View Our Latest Analysis on EQT
EQT Stock Performance
EQT (NYSE:EQT – Get Free Report) last issued its quarterly earnings data on Tuesday, October 21st. The oil and gas producer reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. EQT had a net margin of 22.59% and a return on equity of 6.88%. The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.78 billion. During the same period in the previous year, the firm earned $0.12 EPS. EQT’s revenue was up 52.6% on a year-over-year basis. Equities analysts forecast that EQT will post 3.27 earnings per share for the current year.
Insider Activity
In related news, EVP J.E.B. Bolen sold 1,422 shares of the business’s stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $52.79, for a total transaction of $75,067.38. Following the completion of the transaction, the executive vice president owned 69,486 shares in the company, valued at approximately $3,668,165.94. The trade was a 2.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.65% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. Sound Shore Management Inc CT raised its position in shares of EQT by 31.8% during the 3rd quarter. Sound Shore Management Inc CT now owns 1,526,821 shares of the oil and gas producer’s stock worth $83,105,000 after acquiring an additional 368,748 shares in the last quarter. Sound Shore Management Inc CT purchased a new position in EQT in the second quarter valued at approximately $67,539,000. Rhumbline Advisers raised its holdings in EQT by 4.7% during the third quarter. Rhumbline Advisers now owns 1,108,307 shares of the oil and gas producer’s stock worth $60,325,000 after purchasing an additional 49,714 shares in the last quarter. Reaves W H & Co. Inc. lifted its position in shares of EQT by 213.3% during the 3rd quarter. Reaves W H & Co. Inc. now owns 1,029,234 shares of the oil and gas producer’s stock worth $56,021,000 after buying an additional 700,732 shares during the last quarter. Finally, SG Americas Securities LLC boosted its holdings in shares of EQT by 1,286.2% in the 2nd quarter. SG Americas Securities LLC now owns 735,936 shares of the oil and gas producer’s stock valued at $42,920,000 after buying an additional 682,844 shares in the last quarter. Hedge funds and other institutional investors own 90.81% of the company’s stock.
EQT News Summary
Here are the key news stories impacting EQT this week:
- Positive Sentiment: FY‑2025 adjusted results beat expectations and markets flagged the company’s results as stronger than feared — this helped lift the stock as investors digest improved profitability metrics. EQT shares rise 4% after FY25 earnings beat and $3.2 bln Coller Capital deal
- Positive Sentiment: Reported agreement to acquire Coller Capital for roughly $3.2–$3.7 billion (multiple press reports) — a large, strategic acquisition that would materially change EQT’s business mix and could drive longer‑term growth if successfully integrated. EQT to Acquire Private Equity Firm Coller Capital For Up to $3.7 Billion
- Positive Sentiment: Sector tailwinds from stronger winter demand and AI/data‑center power needs are cited in thematic pieces as supportive for natural‑gas producers, providing a favorable demand backdrop for EQT. 5 Natural Gas Dividend Stocks to Play Frigid Weather and Huge AI-Data Center Demand
- Neutral Sentiment: EQT scheduled its Q4 and year‑end 2025 earnings release for Feb 17 and a conference call on Feb 18 — an event where management may give guidance or color that will move the shares next month. EQT Corporation Schedules Fourth Quarter and Year-End 2025 Earnings Release and Conference Call
- Neutral Sentiment: Small positive note: Capital One bumped its target to $55 (still an overweight stance), a minor supportive datapoint. Capital One adjusts price target on EQT to $55 from $52
- Negative Sentiment: JPMorgan cut its price target to $58 from $64 (but maintained an overweight rating) — the reduction narrows upside and signals more cautious near‑term analyst expectations. JPMorgan adjusts price target on EQT to $58 from $64
- Negative Sentiment: Goldman, Stephens and Scotiabank trimmed targets (Goldman to $66, Stephens to $68, Scotiabank to $63) — multiple cuts suggest analysts are re‑pricing near‑term prospects even where ratings remain constructive. Goldman Sachs adjusts price target on EQT to $66 from $70
- Negative Sentiment: Barclays published a pessimistic forecast for EQT’s stock, adding downside analyst sentiment that could pressure the share multiple if broader analyst caution persists. Barclays Issues Pessimistic Forecast for EQT Stock Price
About EQT
EQT Corporation (NYSE: EQT) is a U.S.-based energy company focused on the exploration, development and production of natural gas. Headquartered in Pittsburgh, Pennsylvania, the company concentrates its upstream operations in the Appalachian Basin, producing from major shale formations including the Marcellus and Utica. EQT’s primary product is natural gas, with production activities supported by associated liquids and conventional gas assets where applicable.
In addition to drilling and well development, EQT operates and coordinates the infrastructure and commercial activities necessary to bring gas to market.
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