UBS Group Cuts EQT (NYSE:EQT) Price Target to $75.00

EQT (NYSE:EQT) had its price target trimmed by UBS Group from $76.00 to $75.00 in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has a buy rating on the oil and gas producer’s stock.

EQT has been the subject of several other reports. Wall Street Zen upgraded shares of EQT from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. TD Securities raised shares of EQT to a “strong-buy” rating in a research note on Friday, February 20th. Zacks Research upgraded shares of EQT from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. Siebert Williams Shank upped their price objective on shares of EQT from $59.00 to $62.00 and gave the company a “hold” rating in a research report on Monday, January 26th. Finally, Scotiabank lowered their target price on EQT from $67.00 to $63.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $66.09.

EQT Stock Performance

EQT stock opened at $61.93 on Thursday. The stock’s 50 day moving average price is $55.99 and its 200 day moving average price is $55.20. 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. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.76 and a current ratio of 0.76. EQT has a one year low of $43.57 and a one year high of $63.06.

EQT (NYSE:EQT) last released its quarterly earnings results on Tuesday, February 17th. The oil and gas producer reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.14. EQT had a return on equity of 7.25% and a net margin of 23.59%.The firm had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter in the prior year, the business earned $0.69 EPS. EQT’s quarterly revenue was up 24.8% compared to the same quarter last year. As a group, sell-side analysts expect that EQT will post 3.27 EPS for the current fiscal year.

EQT Announces Dividend

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

Insider Transactions at EQT

In related news, insider Lesley Evancho sold 20,000 shares of EQT stock in a transaction dated 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 transaction, the insider directly owned 184,607 shares in the company, valued at approximately $11,203,798.83. This trade represents a 9.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Todd James sold 32,514 shares of the business’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $61.12, for a total value of $1,987,255.68. Following the completion of the sale, the chief accounting officer directly owned 58,796 shares of the company’s stock, valued at approximately $3,593,611.52. This represents a 35.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 56,282 shares of company stock valued at $3,428,530. Insiders own 0.72% of the company’s stock.

Institutional Investors Weigh In On EQT

Institutional investors and hedge funds have recently made changes to their positions in the company. Sound Shore Management Inc CT bought a new position in EQT during the second quarter worth $67,539,000. Reaves W H & Co. Inc. increased its stake in EQT by 213.3% during the third quarter. Reaves W H & Co. Inc. now owns 1,029,234 shares of the oil and gas producer’s stock valued at $56,021,000 after purchasing an additional 700,732 shares during the last quarter. SG Americas Securities LLC raised its holdings in shares of EQT by 1,286.2% during the second quarter. SG Americas Securities LLC now owns 735,936 shares of the oil and gas producer’s stock worth $42,920,000 after purchasing an additional 682,844 shares during the period. Mitsubishi UFJ Trust & Banking Corp raised its holdings in shares of EQT by 116.4% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 534,485 shares of the oil and gas producer’s stock worth $29,092,000 after purchasing an additional 287,538 shares during the period. Finally, KTF Investments LLC bought a new position in shares of EQT in the 4th quarter worth about $8,885,000. 90.81% of the stock is owned by institutional investors and hedge funds.

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

EQT Company Profile

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.