EQT (NYSE:EQT – Free Report) had its price objective lifted by Barclays from $67.00 to $69.00 in a report published on Monday,Benzinga reports. Barclays currently has an overweight rating on the oil and gas producer’s stock.
EQT has been the topic of several other research reports. Scotiabank dropped their price objective on EQT from $67.00 to $63.00 and set a “sector perform” rating on the stock in a research note on Wednesday, January 21st. JPMorgan Chase & Co. boosted their target price on EQT from $58.00 to $68.00 and gave the company an “overweight” rating in a research note on Thursday, February 19th. Sanford C. Bernstein increased their price target on EQT from $72.00 to $73.00 and gave the stock an “outperform” rating in a report on Monday, January 5th. UBS Group dropped their price target on EQT from $76.00 to $75.00 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Finally, Mizuho lifted their price objective on EQT from $60.00 to $68.00 and gave the company an “outperform” rating in a report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, EQT has an average rating of “Moderate Buy” and a consensus price target of $66.18.
Check Out Our Latest Research Report on EQT
EQT Stock Down 0.1%
EQT (NYSE:EQT – Get Free Report) last posted its 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 analyst estimates of $2.13 billion. EQT had a net margin of 23.59% and a return on equity of 7.25%. The business’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period last year, the business posted $0.69 earnings per share. Analysts expect that EQT will post 3.27 EPS for the current year.
EQT Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th were given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend was Tuesday, February 17th. EQT’s dividend payout ratio is 19.94%.
Insider Buying and Selling at EQT
In other news, CAO Todd James sold 32,514 shares of EQT 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 transaction, the chief accounting officer owned 58,796 shares of the company’s stock, valued at $3,593,611.52. This trade represents a 35.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Sarah Fenton sold 3,768 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $60.37, for a total transaction of $227,474.16. Following the transaction, the executive vice president owned 52,806 shares in the company, valued at $3,187,898.22. This represents a 6.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 56,282 shares of company stock worth $3,428,530 over the last quarter. 0.72% of the stock is currently owned by insiders.
Hedge Funds Weigh In On EQT
Institutional investors have recently bought and sold shares of the business. Sound Shore Management Inc CT raised its stake in EQT by 31.8% in the third quarter. Sound Shore Management Inc CT now owns 1,526,821 shares of the oil and gas producer’s stock valued at $83,105,000 after buying an additional 368,748 shares during the period. Reaves W H & Co. Inc. increased its holdings in shares of EQT by 12.9% during the 4th quarter. Reaves W H & Co. Inc. now owns 1,161,975 shares of the oil and gas producer’s stock worth $62,282,000 after acquiring an additional 132,741 shares during the last quarter. Rhumbline Advisers increased its holdings in shares of EQT by 4.7% during the 3rd quarter. Rhumbline Advisers now owns 1,108,307 shares of the oil and gas producer’s stock worth $60,325,000 after acquiring an additional 49,714 shares during the last quarter. Whittier Trust Co. raised its stake in EQT by 2.3% in the 4th quarter. Whittier Trust Co. now owns 587,172 shares of the oil and gas producer’s stock valued at $31,361,000 after acquiring an additional 13,232 shares during the period. Finally, Mitsubishi UFJ Trust & Banking Corp lifted its holdings in EQT by 9.1% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 583,072 shares of the oil and gas producer’s stock valued at $31,253,000 after purchasing an additional 48,587 shares during the last quarter. 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: Barclays raised its price target on EQT to $69 and kept an Overweight rating, citing improving cash flows and valuation support — a direct analyst upgrade that can lift investor sentiment. Article Title
- Positive Sentiment: Zacks published coverage arguing EQT is a strong/value energy stock, highlighting style scores and valuation metrics that could attract value investors. Article Title
- Positive Sentiment: Coverage on March 13–15 reiterated that EQT looks undervalued following the Barclays update and recent earnings/cash‑flow strength — incremental positive press that can reinforce the bullish narrative. Article Title
- Neutral Sentiment: Natural‑gas market note: mild spring weather is reducing heating demand, but strong LNG exports and supply risks are supporting prices—this keeps EQT’s commodity exposure in focus; impact is mixed and depends on near‑term weather and export volumes. Article Title
- Neutral Sentiment: Reports that EQT AB repurchased ~350k shares refer to EQT AB (Sweden; private‑equity firm with ISIN SE0012853455), not EQT Corporation. This is a separate company and unlikely to move NYSE:EQT materially. Article Title
- Neutral Sentiment: Headlines that “EQT exits Galderma via record block trade” reference EQT AB’s sale of a dermatology asset (private‑equity exit). This concerns the PE firm’s portfolio and is not related to EQT Corporation’s gas business. Article Title Article Title
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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