EQT (NYSE:EQT) Coverage Initiated by Analysts at Truist Financial

Truist Financial began coverage on shares of EQT (NYSE:EQT) in a report released on Tuesday morning, Marketbeat reports. The firm issued a buy rating and a $74.00 target price on the oil and gas producer’s stock.

Several other research analysts have also recently commented on EQT. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of EQT in a report on Monday, December 29th. Scotiabank cut their price target on EQT from $67.00 to $63.00 and set a “sector perform” rating for the company in a research note on Wednesday, January 21st. UBS Group reduced their price target on EQT from $76.00 to $75.00 and set a “buy” rating on the stock in a research report on Thursday, March 5th. Stephens lifted their price objective on EQT from $70.00 to $71.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th. Finally, The Goldman Sachs Group cut their target price on EQT from $70.00 to $66.00 and set a “buy” rating for the company in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, EQT currently has an average rating of “Moderate Buy” and an average price target of $66.70.

EQT Trading Down 0.0%

Shares of EQT stock opened at $65.22 on Tuesday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.76 and a current ratio of 0.76. The firm has a 50-day moving average of $58.61 and a 200-day moving average of $56.26. EQT has a 52-week low of $43.57 and a 52-week high of $67.26. The stock has a market cap of $40.75 billion, a PE ratio of 19.70, a PEG ratio of 1.25 and a beta of 0.72.

EQT (NYSE:EQT) last released its quarterly earnings results on Tuesday, February 17th. The oil and gas producer reported $0.90 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.14. The business had revenue of $2.09 billion for 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 for the quarter was up 24.8% compared to the same quarter last year. During the same period last year, the firm earned $0.69 earnings per share. As a group, sell-side analysts forecast that EQT will post 3.27 EPS for the current year.

EQT Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Tuesday, February 17th were paid a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Tuesday, February 17th. EQT’s dividend payout ratio (DPR) is 19.94%.

Insiders Place Their Bets

In other EQT news, CAO Todd James sold 32,514 shares of the company’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $61.12, for a total transaction 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 represents a 35.61% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Lesley Evancho sold 20,000 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $60.69, for a total value of $1,213,800.00. Following the completion of the sale, the insider directly owned 184,607 shares in the company, valued at approximately $11,203,798.83. This represents a 9.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 61,158 shares of company stock worth $3,742,983 over the last three months. Insiders own 0.72% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of EQT. Greykasell Wealth Strategies Inc. acquired a new position in EQT during the fourth quarter worth about $26,000. Aventura Private Wealth LLC bought a new stake in shares of EQT during the 4th quarter valued at approximately $31,000. Fortitude Family Office LLC grew its holdings in shares of EQT by 95.6% during 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. Twin Peaks Wealth Advisors LLC acquired a new position in EQT during the 2nd quarter worth approximately $41,000. Finally, Elyxium Wealth LLC bought a new position in EQT in the 4th quarter valued at approximately $49,000. Institutional investors own 90.81% of the company’s stock.

Trending Headlines about EQT

Here are the key news stories impacting EQT this week:

• Positive Sentiment: EQT upsized and expanded its cash tender offer, increasing the aggregate cap to $1.4 billion and accepting early tenders — a move that reduces near-term debt burden, optimizes the capital structure and should lower interest expense/ refinancing risk. Read More.
• Positive Sentiment: EQT announced pricing and the amounts accepted for purchase across multiple series of senior notes, clarifying the cash outflow and expected impact on debt maturities — improves transparency for investors assessing free cash flow and leverage. Read More.
• Positive Sentiment: Truist initiated coverage with a Buy rating and $74 price target, signaling institutional optimism and providing a visible catalyst for upside vs. the current stock level. Read More.
• Positive Sentiment: Bernstein reiterated/stuck to its Buy rating, reinforcing favorable analyst sentiment around EQT’s fundamentals and outlook. Read More.
• Neutral Sentiment: Industry trend: top U.S. natural gas producers are seeking to remove third‑party middlemen from sales — this could lift realized prices and margins for producers like EQT over time, but benefits depend on execution and contract mechanics. Read More.
• Neutral Sentiment: CEO commentary highlights a larger future role for U.S. LNG — a positive strategic tailwind for volumes/pricing over the medium term, but timing and capex implications remain uncertain. Read More.
• Negative Sentiment: Recent quarterly results were mixed: EPS beat but revenue slightly missed consensus — a reminder that near‑term top‑line execution and commodity price exposure can create volatility in results. (Background: Q4 report 2/17; revenue $2.09B vs. $2.13B est.) Read More.
• Negative Sentiment: Piper Sandler moved to a Hold, adding a cautious counterpoint to recent buy-side enthusiasm — a potential drag on positive momentum if other sell-side shops follow. 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.