EQT Corporation (NYSE:EQT – Get Free Report) insider Lesley Evancho sold 20,000 shares of EQT stock in a transaction that occurred on Tuesday, March 3rd. The stock was 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 in the company, valued at approximately $11,203,798.83. The trade was a 9.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
EQT Stock Up 0.4%
NYSE EQT opened at $61.93 on Friday. The stock has a 50 day moving average price of $55.99 and a 200-day moving average price of $55.20. EQT Corporation has a one year low of $43.57 and a one year high of $63.06. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market capitalization of $38.70 billion, a P/E ratio of 18.71, a P/E/G ratio of 0.41 and a beta of 0.72.
EQT (NYSE:EQT – Get Free Report) last announced its quarterly earnings results on Tuesday, February 17th. The oil and gas producer reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.14. The company had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.13 billion. EQT had a net margin of 23.59% and a return on equity of 7.25%. EQT’s quarterly revenue was up 24.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.69 earnings per share. As a group, equities analysts predict that EQT Corporation will post 3.27 EPS for the current fiscal year.
EQT Dividend Announcement
Hedge Funds Weigh In On EQT
A number of institutional investors have recently modified their holdings of EQT. Caxton Associates LLP purchased a new stake in shares of EQT in the first quarter valued at approximately $256,000. Focus Partners Wealth increased its holdings in EQT by 9.0% during the 1st quarter. Focus Partners Wealth now owns 21,637 shares of the oil and gas producer’s stock worth $1,156,000 after purchasing an additional 1,789 shares during the period. Sound Shore Management Inc CT bought a new stake in EQT during the 2nd quarter valued at $67,539,000. Mitsubishi UFJ Trust & Banking Corp raised its position in EQT by 0.3% during the 2nd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 246,947 shares of the oil and gas producer’s stock valued at $14,402,000 after purchasing an additional 856 shares in the last quarter. Finally, SG Americas Securities LLC lifted 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 worth $42,920,000 after buying an additional 682,844 shares during the period. 90.81% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
EQT has been the subject of a number of analyst reports. Wolfe Research increased their price target on shares of EQT from $61.00 to $62.00 and gave the company an “outperform” rating in a report on Monday, January 26th. Wells Fargo & Company boosted their price objective on EQT from $66.00 to $70.00 and gave the stock an “overweight” rating in a research note on Friday, February 20th. TD Securities upgraded EQT to a “strong-buy” rating in a research report on Friday, February 20th. Siebert Williams Shank raised their price objective on EQT from $59.00 to $62.00 and gave the company a “hold” rating in a research note on Monday, January 26th. Finally, The Goldman Sachs Group dropped their target price on EQT from $70.00 to $66.00 and set a “buy” rating for the company in a report on Thursday, January 22nd. 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $66.09.
Check Out Our Latest Stock Analysis on EQT
EQT News Summary
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.
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