Equinor ASA (NYSE:EQNR – Free Report) had its target price upped by TD Cowen from $22.00 to $25.00 in a report released on Thursday morning, MarketBeat Ratings reports. The firm currently has a hold rating on the stock.
A number of other research analysts have also recently issued reports on EQNR. Sanford C. Bernstein cut shares of Equinor ASA from an “outperform” rating to a “market perform” rating in a research note on Friday, October 17th. Jefferies Financial Group assumed coverage on Equinor ASA in a report on Thursday, January 8th. They set a “hold” rating for the company. Bank of America lowered Equinor ASA from a “buy” rating to a “neutral” rating in a research note on Thursday. Weiss Ratings upgraded Equinor ASA from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, January 12th. Finally, DZ Bank lowered Equinor ASA from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, October 8th. One equities research analyst has rated the stock with a Buy rating, eight have given a Hold rating and nine have issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $24.71.
Get Our Latest Analysis on Equinor ASA
Equinor ASA Stock Down 1.2%
Equinor ASA (NYSE:EQNR – Get Free Report) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.21. The firm had revenue of $25.30 billion during the quarter, compared to the consensus estimate of $21.31 billion. Equinor ASA had a net margin of 4.74% and a return on equity of 15.03%. Equities research analysts predict that Equinor ASA will post 3.46 earnings per share for the current fiscal year.
Equinor ASA Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be given a dividend of $0.37 per share. The ex-dividend date is Tuesday, February 17th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 5.6%. Equinor ASA’s payout ratio is presently 64.21%.
Hedge Funds Weigh In On Equinor ASA
Several hedge funds have recently added to or reduced their stakes in the company. McIlrath & Eck LLC bought a new stake in Equinor ASA during the 2nd quarter worth about $36,000. Sound Income Strategies LLC boosted its stake in shares of Equinor ASA by 119.2% in the 4th quarter. Sound Income Strategies LLC now owns 1,876 shares of the company’s stock valued at $48,000 after purchasing an additional 1,020 shares during the last quarter. New Millennium Group LLC acquired a new stake in shares of Equinor ASA during the 3rd quarter worth approximately $57,000. MAI Capital Management raised its stake in shares of Equinor ASA by 55.6% during the second quarter. MAI Capital Management now owns 2,339 shares of the company’s stock worth $59,000 after buying an additional 836 shares during the last quarter. Finally, CWM LLC raised its stake in shares of Equinor ASA by 20.6% during the fourth quarter. CWM LLC now owns 3,051 shares of the company’s stock worth $72,000 after buying an additional 522 shares during the last quarter. Institutional investors own 5.51% of the company’s stock.
Key Equinor ASA News
Here are the key news stories impacting Equinor ASA this week:
- Positive Sentiment: Q4 results beat consensus — Equinor reported adjusted EPS of $0.81 and revenue of $25.3B, topping estimates and showing resilience in volumes. Read More.
- Positive Sentiment: Signed a five‑year gas supply deal with Eneco in the Netherlands, securing medium‑term offtake and revenue visibility in a core European market. Read More.
- Positive Sentiment: Completed a $1.1B divestment of Argentina onshore (Vaca Muerta) to Vista Energy — improves near‑term cash flow and simplifies upstream exposure. Read More.
- Positive Sentiment: Capitalised on a US gas price spike by selling ~30% of U.S. onshore gas volumes into the spot market, boosting realized prices in January. Read More.
- Positive Sentiment: Commenced the first tranche (up to $375M) of a $1.5B 2026 buy‑back program — supports shareholder returns despite a smaller overall program. Read More.
- Neutral Sentiment: Guidance and strategy: management targets ~3% production growth for 2026 while cutting CapEx by ~$4B and aiming for a 10% reduction in operating costs — mixed for near‑term growth vs. margin focus. Read More.
- Neutral Sentiment: Cowen revisited Equinor’s sector positioning and valuation, which may recalibrate investor expectations but did not issue a clear buy call. Read More.
- Negative Sentiment: Analyst moves point to limited upside — Bank of America downgraded EQNR from Buy to Neutral, and TD Cowen’s raised price target to $25 still sits below the recent trade price, implying downside. Read More.
- Negative Sentiment: Q4 profit fell (weaker oil & gas prices) and some reports indicate Equinor reined in its share buyback after earnings weakness — a signal of more cautious capital deployment if commodity prices remain soft. Read More.
- Negative Sentiment: Allocation of bonus shares to insiders under the share‑savings plan may be viewed negatively by some investors as dilution or insider reward. Read More.
About Equinor ASA
Equinor ASA (NYSE: EQNR) is a Norway-based integrated energy company headquartered in Stavanger. Historically established as Statoil in the 1970s to develop Norway’s petroleum resources, the company changed its name to Equinor in 2018 to reflect a strategic shift toward a broader energy portfolio. Equinor’s operations span the full upstream value chain, including exploration, development and production of oil and natural gas, alongside trading and marketing activities that support its global commercial operations.
In recent years Equinor has pursued a transition strategy that combines continued development of conventional oil and gas resources with growing investments in low‑carbon energy.
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