Stephens Issues Positive Forecast for EQT (NYSE:EQT) Stock Price

EQT (NYSE:EQTFree Report) had its price objective boosted by Stephens from $71.00 to $72.00 in a research note released on Wednesday morning, MarketBeat Ratings reports. The brokerage currently has an overweight rating on the oil and gas producer’s stock.

EQT has been the topic of several other research reports. Morgan Stanley cut their target price on EQT from $74.00 to $68.00 and set an “overweight” rating on the stock in a research note on Friday, June 26th. Weiss Ratings lowered shares of EQT from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Truist Financial lowered their price target on shares of EQT from $74.00 to $65.00 and set a “buy” rating on the stock in a report on Wednesday, June 24th. Capital One Financial lifted their price objective on shares of EQT from $64.00 to $68.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 28th. Finally, Wolfe Research boosted their price objective on shares of EQT from $64.00 to $69.00 and gave the stock an “outperform” rating in a research note on Monday, April 6th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, EQT currently has an average rating of “Moderate Buy” and an average target price of $68.21.

Check Out Our Latest Research Report on EQT

EQT Stock Performance

EQT stock opened at $53.99 on Wednesday. EQT has a 1-year low of $47.94 and a 1-year high of $68.24. The business has a 50-day moving average price of $52.99 and a 200 day moving average price of $56.51. The company has a market capitalization of $33.77 billion, a P/E ratio of 12.53 and a beta of 0.55. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.66 and a quick ratio of 0.66.

EQT (NYSE:EQTGet Free Report) last issued its earnings results on Tuesday, July 21st. The oil and gas producer reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by ($0.02). The business had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.76 billion. EQT had a return on equity of 9.41% and a net margin of 28.44%.The firm’s revenue was down 29.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.45 earnings per share. As a group, equities research analysts forecast that EQT will post 4.25 EPS for the current fiscal year.

EQT Announces Dividend

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

Insider Transactions at EQT

In related news, Director Vicky A. Bailey sold 4,116 shares of EQT stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $59.80, for a total transaction of $246,136.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Toby Z. Rice sold 96,983 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $54.28, for a total transaction of $5,264,237.24. Following the sale, the chief executive officer directly owned 2,334,924 shares in the company, 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. Insiders have sold a total of 102,830 shares of company stock valued at $5,602,913 in the last quarter. Company insiders own 0.72% of the company’s stock.

Institutional Trading of EQT

A number of institutional investors and hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC raised its stake in EQT by 228.5% during the fourth quarter. SG Americas Securities LLC now owns 517,651 shares of the oil and gas producer’s stock worth $27,746,000 after purchasing an additional 360,049 shares during the period. KTF Investments LLC purchased a new stake in shares of EQT in the 4th quarter valued at approximately $8,885,000. Reaves W H & Co. Inc. grew its stake in shares of EQT by 12.9% in the 4th quarter. Reaves W H & Co. Inc. now owns 1,161,975 shares of the oil and gas producer’s stock valued at $62,282,000 after buying an additional 132,741 shares during the period. BI Asset Management Fondsmaeglerselskab A S increased its holdings in shares of EQT by 495.2% during the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 128,060 shares of the oil and gas producer’s stock worth $7,468,000 after buying an additional 106,545 shares during the last quarter. Finally, Whittier Trust Co. increased its holdings in shares of EQT by 9.6% during the 1st quarter. Whittier Trust Co. now owns 643,321 shares of the oil and gas producer’s stock worth $38,857,000 after buying an additional 56,149 shares during the last quarter. 90.81% of the stock is currently owned by hedge funds and other institutional investors.

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

About EQT

(Get Free Report)

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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Analyst Recommendations for EQT (NYSE:EQT)

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