Zacks Research Brokers Increase Earnings Estimates for EQT

EQT Corporation (NYSE:EQT) – Equities researchers at Zacks Research lifted their Q3 2026 earnings per share (EPS) estimates for shares of EQT in a research report issued to clients and investors on Monday, March 2nd. Zacks Research analyst Team now expects that the oil and gas producer will earn $0.48 per share for the quarter, up from their prior forecast of $0.34. Zacks Research has a “Hold” rating on the stock. The consensus estimate for EQT’s current full-year earnings is $3.27 per share. Zacks Research also issued estimates for EQT’s Q4 2026 earnings at $0.79 EPS, FY2026 earnings at $3.58 EPS, Q1 2027 earnings at $1.05 EPS, Q2 2027 earnings at $0.96 EPS, Q3 2027 earnings at $1.07 EPS, Q4 2027 earnings at $1.14 EPS and FY2027 earnings at $4.23 EPS.

EQT (NYSE:EQT) last announced its 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 company had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter in the prior year, the company earned $0.69 earnings per share. The firm’s revenue for the quarter was up 24.8% on a year-over-year basis.

A number of other research analysts have also recently issued reports on EQT. Citigroup lowered their price objective on EQT from $63.00 to $62.00 and set a “buy” rating for the company in a research note on Friday, December 19th. Wolfe Research lifted their price target on EQT from $61.00 to $62.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. The Goldman Sachs Group dropped their price target on shares of EQT from $70.00 to $66.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. BMO Capital Markets increased their price objective on shares of EQT from $60.00 to $68.00 and gave the company an “outperform” rating in a research report on Tuesday. Finally, UBS Group restated a “buy” rating on shares of EQT in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $65.91.

EQT Stock Down 0.5%

Shares of EQT stock opened at $61.31 on Wednesday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.27. EQT has a 12-month low of $43.57 and a 12-month high of $63.06. The company has a market cap of $38.31 billion, a P/E ratio of 18.52, a PEG ratio of 0.41 and a beta of 0.72. The company’s fifty day simple moving average is $55.68 and its two-hundred day simple moving average is $55.04.

EQT Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th were paid a dividend of $0.165 per share. The ex-dividend date was Tuesday, February 17th. This represents a $0.66 annualized dividend and a yield of 1.1%. EQT’s dividend payout ratio is currently 19.94%.

Insider Transactions at EQT

In related news, CAO Todd James sold 32,514 shares of the stock in a transaction that occurred on 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 transaction, the chief accounting officer owned 58,796 shares in the company, valued at $3,593,611.52. This represents a 35.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Sarah Fenton sold 3,768 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $60.37, for a total transaction of $227,474.16. Following the completion of the sale, 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 position. The SEC filing for this sale provides additional information. Company insiders own 0.72% of the company’s stock.

Hedge Funds Weigh In On EQT

Hedge funds and other institutional investors have recently modified their holdings of the company. Captrust Financial Advisors boosted its stake in shares of EQT by 104.4% in the 4th quarter. Captrust Financial Advisors now owns 40,787 shares of the oil and gas producer’s stock worth $2,186,000 after buying an additional 20,828 shares during the last quarter. Adalta Capital Management LLC lifted its holdings in EQT by 23.2% in the fourth quarter. Adalta Capital Management LLC now owns 13,920 shares of the oil and gas producer’s stock valued at $746,000 after acquiring an additional 2,620 shares during the period. Adams Natural Resources Fund Inc. boosted its position in EQT by 19.1% in the fourth quarter. Adams Natural Resources Fund Inc. now owns 262,600 shares of the oil and gas producer’s stock worth $14,075,000 after purchasing an additional 42,100 shares during the last quarter. Beck Capital Management LLC boosted its position in EQT by 0.7% in the fourth quarter. Beck Capital Management LLC now owns 119,508 shares of the oil and gas producer’s stock worth $6,406,000 after purchasing an additional 775 shares during the last quarter. Finally, Motley Fool Asset Management LLC grew its stake in shares of EQT by 9.0% during the 4th quarter. Motley Fool Asset Management LLC now owns 11,075 shares of the oil and gas producer’s stock valued at $594,000 after purchasing an additional 918 shares during the period. 90.81% of the stock is owned by institutional investors.

Key Headlines Impacting EQT

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Consortium-led acquisition of AES signals strategic pivot into power/renewables and scale—EQT is part of a GIP/EQT-led group that agreed to buy AES in a roughly $33.4 billion transaction; some reports indicate EQT’s portion is about $10.7 billion. The deal could accelerate EQT’s move up the value chain into electricity/clean energy, adding long-term growth and diversification potential. Article Title
• Positive Sentiment: BMO Capital Markets raised its price target to $68 and kept an Outperform rating — this is a fresh bullish signal from an institutional research shop implying roughly double-digit upside from recent levels and supporting buy-side interest. Article Title
• Positive Sentiment: Sector tailwinds — rising clean-energy demand and higher U.S. LNG exports are supporting natural-gas prices, which should boost EQT’s cash flows and margins as a large gas producer. Analysts flag EQT as a beneficiary of stronger gas fundamentals. Article Title
• Neutral Sentiment: Zacks Research made mixed updates to near- and medium-term EPS forecasts (several upgrades to 2026/2027 quarters and FY2027, offset by at least one cut to Q4 2027), while maintaining a “Hold” stance—this suggests analyst estimates are being refined but consensus remains cautious.
• Neutral Sentiment: Corporate action unrelated to EQT Corp: a press item notes EQT AB (the Swedish buyout firm) resolved a share repurchase — this concerns EQT AB (different company) and is not a corporate action for EQT Corporation (NYSE:EQT). Investors in EQT Corp should treat that item as unrelated. Article Title
• Negative Sentiment: Deal-size and financing risks — the AES acquisition’s scale raises near-term concerns: funding structure, potential equity dilution, integration risk and regulatory reviews could weigh on EQT’s free cash flow and multiple until financing details and EQT’s exact stake are confirmed. 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.