EQT (NYSE:EQT) Trading 6% Higher on Analyst Upgrade

EQT Corporation (NYSE:EQT) rose 6% during mid-day trading on Wednesday after Stephens raised their price target on the stock from $71.00 to $72.00. Stephens currently has an overweight rating on the stock. EQT traded as high as $52.38 and last traded at $52.8080. Approximately 1,331,327 shares traded hands during trading, a decline of 85% from the average daily volume of 8,643,037 shares. The stock had previously closed at $49.80.

Several other research firms have also recently issued reports on EQT. Citigroup raised their target price on EQT from $66.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Truist Financial decreased their price target on EQT from $74.00 to $65.00 and set a “buy” rating on the stock in a research note on Wednesday, June 24th. The Goldman Sachs Group lowered their price target on EQT from $65.00 to $63.00 and set a “buy” rating for the company in a report on Tuesday, June 30th. Royal Bank Of Canada reissued a “sector perform” rating and set a $69.00 price objective on shares of EQT in a research report on Wednesday, April 15th. Finally, Wells Fargo & Company boosted their price objective on shares of EQT from $70.00 to $79.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $68.21.

Insider Buying and Selling at EQT

In related news, Director Vicky A. Bailey sold 4,116 shares of the stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $59.80, for a total transaction of $246,136.80. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Toby Z. Rice sold 96,983 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $54.28, for a total value of $5,264,237.24. Following the transaction, the chief executive officer owned 2,334,924 shares of the company’s stock, valued at $126,739,674.72. This trade represents a 3.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 102,830 shares of company stock valued at $5,602,913. Company insiders own 0.72% of the company’s stock.

More EQT News

Here are the key news stories impacting EQT this week:

• Positive Sentiment: EQT raised its 2026 production outlook by about 90 Bcfe and lowered capital spending guidance, signaling better well performance, improved efficiency, and potentially stronger free cash flow. EQT Raises Production Outlook and Lowers Capital Spending Forecast
• Positive Sentiment: The company signed a 10-year natural gas supply deal with Competitive Power Ventures and a 5-year LNG offtake agreement with a large Asian energy company, which should improve longer-term revenue visibility and support future cash flow. EQT Reports Second Quarter 2026 Results
• Positive Sentiment: Stephens raised its price target on EQT to $72 from $71 and kept an overweight rating, reinforcing a constructive analyst view after the results. Benzinga coverage of Stephens price target raise
• Neutral Sentiment: EQT’s quarter showed strong operational execution, including sales volume above the top end of guidance and operating costs at the low end of guidance, but these positives were partly balanced by lower realized natural gas prices. EQT Reports Second Quarter 2026 Results
• Negative Sentiment: The company missed Q2 earnings and revenue estimates, with weaker realized gas prices pressuring profitability despite higher production. Reuters article on EQT quarterly profit miss

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. SG Americas Securities LLC boosted its stake in shares of 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. KTF Investments LLC purchased a new stake in shares of EQT during the fourth quarter worth approximately $8,885,000. Reaves W H & Co. Inc. increased its stake in shares of EQT by 12.9% during the fourth 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 buying an additional 132,741 shares during the period. BI Asset Management Fondsmaeglerselskab A S raised its holdings in EQT by 495.2% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 128,060 shares of the oil and gas producer’s stock valued at $7,468,000 after acquiring an additional 106,545 shares in the last quarter. Finally, Whittier Trust Co. raised its holdings in EQT by 9.6% in the first quarter. Whittier Trust Co. now owns 643,321 shares of the oil and gas producer’s stock valued at $38,857,000 after acquiring an additional 56,149 shares in the last quarter. Hedge funds and other institutional investors own 90.81% of the company’s stock.

EQT Stock Up 8.4%

The business’s 50 day moving average is $52.99 and its 200-day moving average is $56.51. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.66 and a quick ratio of 0.66. The company has a market cap of $33.77 billion, a PE ratio of 12.53 and a beta of 0.55.

EQT (NYSE:EQT) last announced its quarterly earnings data on Tuesday, July 21st. The oil and gas producer reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). EQT had a net margin of 28.44% and a return on equity of 9.41%. The firm had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.76 billion. During the same period in the prior year, the company posted $0.45 earnings per share. The company’s revenue for the quarter was down 29.2% on a year-over-year basis. As a group, analysts predict that EQT Corporation will post 4.25 EPS for the current year.

EQT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 5th will be paid a dividend of $0.165 per share. The ex-dividend date is Wednesday, August 5th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.2%. EQT’s payout ratio is presently 15.31%.

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.