EQT (NYSE:EQT) Earns “Sector Perform” Rating from Royal Bank Of Canada

EQT (NYSE:EQT)‘s stock had its “sector perform” rating reaffirmed by Royal Bank Of Canada in a research note issued to investors on Wednesday,Benzinga reports. They presently have a $69.00 price objective on the oil and gas producer’s stock. Royal Bank Of Canada’s price target suggests a potential upside of 18.04% from the company’s previous close.

A number of other research analysts have also issued reports on the stock. TD Securities raised shares of EQT to a “strong-buy” rating in a research note on Friday, February 20th. Wolfe Research boosted their target price on shares of EQT from $64.00 to $69.00 and gave the company an “outperform” rating in a research note on Monday, April 6th. Roth Mkm reissued a “neutral” rating on shares of EQT in a research note on Tuesday. Jefferies Financial Group reissued a “buy” rating on shares of EQT in a research note on Sunday, January 18th. Finally, Morgan Stanley boosted their target price on shares of EQT from $69.00 to $74.00 and gave the company an “overweight” rating in a research note on Friday, March 27th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $68.46.

EQT Trading Up 3.0%

EQT stock opened at $58.46 on Wednesday. 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 50-day moving average price of $61.01 and a two-hundred day moving average price of $57.39. The firm has a market capitalization of $36.53 billion, a price-to-earnings ratio of 17.66, a PEG ratio of 1.07 and a beta of 0.70. EQT has a 52-week low of $47.14 and a 52-week high of $68.24.

EQT (NYSE:EQT) last posted its earnings results on Tuesday, February 17th. The oil and gas producer reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.14. The firm had revenue of $2.09 billion during 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%. EQT’s revenue was up 24.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.69 EPS. Sell-side analysts expect that EQT will post 3.27 earnings per share for the current year.

Insiders Place Their Bets

In other EQT news, 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 transaction of $1,987,255.68. Following the sale, the chief accounting officer directly owned 58,796 shares in the company, valued at approximately $3,593,611.52. The trade was a 35.61% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Sarah Fenton sold 4,876 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $64.49, for a total transaction of $314,453.24. Following the sale, the executive vice president owned 52,953 shares in the company, valued at $3,414,938.97. This trade represents a 8.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 61,158 shares of company stock worth $3,742,983. 0.72% of the stock is owned by corporate insiders.

Institutional Trading of EQT

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Reaves W H & Co. Inc. grew its holdings in shares of 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 buying an additional 700,732 shares in the last quarter. Sound Shore Management Inc CT grew its holdings in shares of EQT by 31.8% during 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 in the last quarter. SG Americas Securities LLC increased its stake in EQT by 228.5% in the 4th quarter. SG Americas Securities LLC now owns 517,651 shares of the oil and gas producer’s stock valued at $27,746,000 after buying an additional 360,049 shares during the period. Mitsubishi UFJ Trust & Banking Corp increased its stake in EQT by 116.4% in 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 buying an additional 287,538 shares during the period. Finally, KTF Investments LLC acquired a new position in EQT in the 4th quarter valued at approximately $8,885,000. 90.81% of the stock is currently owned by institutional investors.

More EQT News

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Restarted sale of contact-lens maker Ginko, expected to fetch at least $1 billion — reduces EQT’s private-asset exposure and would free cash for buybacks, debt paydown or deals. Ginko sale restarted
• Positive Sentiment: Goldman Sachs maintained a Buy rating on EQT (while trimming its price target), which supports upside sentiment from institutional investors despite the lower target. Goldman Sachs buy
• Positive Sentiment: Board declared a quarterly dividend (annualized yield ~1.2%), which provides income-supportive demand for the shares and signals confidence in cash flow. (Company announcement)
• Neutral Sentiment: Shareholders approved an expanded long-term incentive plan — aligns management and shareholders over time but may increase share-based compensation/dilution depending on vesting and issuance. LTIP approved
• Neutral Sentiment: RBC Capital reaffirmed a Sector Perform/hold on EQT with a $69 target — keeps a modestly constructive medium-term view but no near-term upgrade catalyst. RBC hold
• Negative Sentiment: EQT’s unsolicited ~£5,150-per-share (~$11bn) takeover approach for UK testing firm Intertek was rejected as “undervalued,” and Intertek shares surged — the failed approach raises questions about deal execution and potential cash/financing plans tied to the bid. Intertek rejection
• Negative Sentiment: EQT expects a roughly $238 million derivatives loss for Q1 2026 — an identifiable near-term hit to earnings that could pressure margins and guidance. Derivatives loss
• Negative Sentiment: Several analyst moves weigh on sentiment: Sanford C. Bernstein cut its price target to $69, Citigroup downgraded EQT from Strong-Buy to Hold, and Goldman trimmed its PT to $65 despite keeping a Buy — a mix that can cap near-term upside until results/strategy clarity. Analyst changes

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.