EQT (NYSE:EQT) Price Target Raised to $55.00

EQT (NYSE:EQT) had its price objective raised by Piper Sandler from $50.00 to $55.00 in a research report sent to investors on Thursday morning,Benzinga reports. They currently have a neutral rating on the oil and gas producer’s stock.

A number of other equities research analysts have also issued reports on the stock. TD Securities upgraded shares of EQT to a “strong-buy” rating in a report on Friday, February 20th. Mizuho raised their price objective on shares of EQT from $60.00 to $68.00 and gave the stock an “outperform” rating in a research note on Friday, December 12th. JPMorgan Chase & Co. lifted their price objective on shares of EQT from $58.00 to $68.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Capital One Financial boosted their target price on shares of EQT from $55.00 to $58.00 and gave the company an “overweight” rating in a research note on Tuesday, February 24th. Finally, Wells Fargo & Company increased their target price on EQT from $66.00 to $70.00 and gave the company an “overweight” rating in a report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, EQT currently has an average rating of “Moderate Buy” and an average target price of $66.09.

EQT Stock Up 0.4%

Shares of EQT stock opened at $61.93 on Thursday. The stock’s fifty day moving average is $55.99 and its 200-day moving average is $55.20. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $38.70 billion, a PE ratio of 18.71, a price-to-earnings-growth ratio of 0.41 and a beta of 0.72. EQT has a 12-month low of $43.57 and a 12-month high of $63.06.

EQT (NYSE:EQT) last posted its quarterly earnings data on Tuesday, February 17th. The oil and gas producer reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.14. EQT had a net margin of 23.59% and a return on equity of 7.25%. The company had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.13 billion. During the same period in the prior year, the firm earned $0.69 earnings per share. The business’s quarterly revenue was up 24.8% on a year-over-year basis. Equities analysts anticipate that EQT will post 3.27 earnings per share for the current year.

EQT Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th were paid a dividend of $0.165 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.1%. EQT’s dividend payout ratio (DPR) is 19.94%.

Insider Activity

In other news, CAO Todd James sold 32,514 shares of EQT stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $61.12, for a total transaction of $1,987,255.68. Following the completion of the sale, the chief accounting officer directly owned 58,796 shares in the company, valued at $3,593,611.52. The trade was a 35.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Lesley Evancho sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $60.69, for a total value of $1,213,800.00. Following the completion of the sale, the insider directly owned 184,607 shares of the company’s stock, valued at approximately $11,203,798.83. The trade was a 9.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 56,282 shares of company stock worth $3,428,530 in the last three months. 0.72% of the stock is owned by insiders.

Institutional Investors Weigh In On EQT

Institutional investors and hedge funds have recently modified their holdings of the business. Sound Shore Management Inc CT acquired a new stake in shares of EQT in the second quarter worth about $67,539,000. Reaves W H & Co. Inc. grew its stake in shares of EQT by 213.3% in the third 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 acquiring an additional 700,732 shares during the last quarter. SG Americas Securities LLC raised its stake in EQT by 1,286.2% during 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 purchasing an additional 682,844 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its stake in EQT by 116.4% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 534,485 shares of the oil and gas producer’s stock valued at $29,092,000 after purchasing an additional 287,538 shares during the last quarter. Finally, KTF Investments LLC bought a new stake in EQT in the 4th quarter valued at $8,885,000. Institutional investors and hedge funds own 90.81% of the company’s stock.

Key Stories Impacting EQT

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Zacks notes EQT shares are up ~31% year-over-year as rising natural gas demand, firmer prices and robust free cash flow support earnings and shareholder returns—although Zacks flags cost pressure and price volatility as risks. EQT Stock Gains 31% in a Year: Here’s What Investors Should Know
• Positive Sentiment: EQT Real Estate agreed to buy 25 U.S. logistics assets from Mapletree for $575 million — a sizable, income-producing real‑asset deployment that can diversify cash flow and reduce upstream cyclicality. EQT Real Estate snaps up 25 US logistics assets from Mapletree for $575m
• Neutral Sentiment: UBS trimmed its price target from $76 to $75 but kept a Buy rating — a modest downgrade in target that still signals upside vs. the market. UBS price target update
• Neutral Sentiment: Piper Sandler raised its target from $50 to $55 and kept a Neutral rating, reflecting mixed analyst views on near-term upside. Piper Sandler price target note
• Neutral Sentiment: Zacks / AmericanBankingNews published notes ahead of Q1 results; these reiterate strong operational trends but remind investors to watch revenues, costs and gas-price sensitivity. Zacks Research Weighs in on EQT’s Q1 Earnings
• Negative Sentiment: Insider Lesley Evancho sold 20,000 shares (≈$1.21M) on March 3, reducing her stake by ~9.8% — a small but visible insider exit that can weigh on sentiment even if not material to company ownership. EQT (NYSE:EQT) Insider Sells $1,213,800.00 in Stock

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.