EQT (NYSE:EQT) Given New $72.00 Price Target at JPMorgan Chase & Co.

EQT (NYSE:EQT) had its price objective upped by JPMorgan Chase & Co. from $68.00 to $72.00 in a report issued on Tuesday,Benzinga reports. They currently have an overweight rating on the oil and gas producer’s stock.

EQT has been the subject of several other reports. Roth Mkm restated a “neutral” rating on shares of EQT in a research note on Wednesday, February 18th. TD Cowen upped their target price on shares of EQT from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Scotiabank decreased their price target on EQT from $67.00 to $63.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 21st. The Goldman Sachs Group lowered their price objective on shares of EQT from $70.00 to $66.00 and set a “buy” rating on the stock in a research report on Thursday, January 22nd. Finally, Zacks Research upgraded EQT from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $66.36.

EQT Stock Up 0.2%

Shares of NYSE EQT opened at $64.44 on Tuesday. The company has a market cap of $40.26 billion, a price-to-earnings ratio of 19.47, a PEG ratio of 0.42 and a beta of 0.72. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.27. The stock has a 50-day moving average price of $57.38 and a two-hundred day moving average price of $55.80. EQT has a 12 month low of $43.57 and a 12 month high of $65.68.

EQT (NYSE:EQT) last announced its quarterly earnings results 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 return on equity of 7.25% and a net margin of 23.59%.The firm had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.13 billion. During the same period last year, the firm posted $0.69 earnings per share. The business’s revenue for the quarter was up 24.8% on a year-over-year basis. As a group, analysts forecast that EQT will post 3.27 earnings per share for the current fiscal year.

EQT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Tuesday, February 17th were given 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 yield of 1.0%. EQT’s dividend payout ratio is presently 19.94%.

Insiders Place Their Bets

In related news, CAO Todd James sold 32,514 shares of EQT stock in a transaction that occurred on 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 in the company, valued at $3,593,611.52. This trade represents a 35.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 shares were sold at an average price of $60.37, for a total value of $227,474.16. Following the sale, the executive vice president owned 52,806 shares in the company, valued at approximately $3,187,898.22. The trade was a 6.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 56,282 shares of company stock valued at $3,428,530. 0.72% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On EQT

Large investors have recently added to or reduced their stakes in the stock. Westpac Banking Corp boosted its position in EQT by 6.6% during the third quarter. Westpac Banking Corp now owns 2,671 shares of the oil and gas producer’s stock worth $145,000 after acquiring an additional 165 shares during the last quarter. Parallel Advisors LLC increased its position in shares of EQT by 1.0% during the 4th quarter. Parallel Advisors LLC now owns 19,075 shares of the oil and gas producer’s stock worth $1,022,000 after purchasing an additional 198 shares during the last quarter. Rothschild Investment LLC increased its position in shares of EQT by 0.5% during the fourth quarter. Rothschild Investment LLC now owns 46,582 shares of the oil and gas producer’s stock valued at $2,497,000 after acquiring an additional 215 shares during the last quarter. Fortitude Family Office LLC increased its holdings in EQT by 95.6% in the 4th quarter. Fortitude Family Office LLC now owns 573 shares of the oil and gas producer’s stock valued at $31,000 after purchasing an additional 280 shares during the last quarter. Finally, Valeo Financial Advisors LLC grew its stake in shares of EQT by 4.0% in the fourth quarter. Valeo Financial Advisors LLC now owns 11,813 shares of the oil and gas producer’s stock valued at $633,000 after buying an additional 456 shares in the last quarter. 90.81% of the stock is currently owned by institutional investors and hedge funds.

Key EQT News

Here are the key news stories impacting EQT this week:

• Positive Sentiment: J.P. Morgan and Barclays raised price targets and maintained overweight/positive views, supporting upside relative to today’s price and providing some analyst support for the stock. Read More.
• Positive Sentiment: Zacks highlights EQT as a strong momentum/value name, which can attract style‑driven flows and help stabilize the stock if energy sentiment improves. Read More.
• Neutral Sentiment: EQT launched a cash tender offer (up to $1.15B) to repurchase senior notes and plans to redeem its 6.500% 2027 notes — a deliberate move to lower debt and interest costs but one that uses near‑term cash and potentially the revolver. Investors must weigh balance‑sheet improvement versus immediate cash outflows. Read More.
• Negative Sentiment: Market reaction looks driven by a QuiverQuant note linking today’s drop to financing/dilution worries: equity issuance tied to deal funding, a large debt tender/redemption plan, and heightened sensitivity to forward gas pricing and basis differentials. That combination amplified a risk‑off reset among gas producers. Read More.
• Negative Sentiment: Weak near‑term nat‑gas fundamentals (mild spring weather, storage levels and downward price calls from some brokers) are pressuring the group’s valuation multiples and EPS outlook for 2026, which directly affects EQT’s earnings sensitivity. Read More.
• Negative Sentiment: Recent insider sales (multiple exec sales reported) and significant institutional portfolio shifts highlighted by QuiverQuant add to near‑term negative sentiment and raise governance/ownership questions for some investors. Read More.

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.