Independence Bank of Kentucky Takes $800,000 Position in EQT Corporation $EQT

Independence Bank of Kentucky bought a new position in shares of EQT Corporation (NYSE:EQT) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,922 shares of the oil and gas producer’s stock, valued at approximately $800,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. Westpac Banking Corp grew its holdings in EQT by 6.6% during the 3rd quarter. Westpac Banking Corp now owns 2,671 shares of the oil and gas producer’s stock worth $145,000 after acquiring an additional 165 shares in the last quarter. Fortitude Family Office LLC raised its holdings in shares of EQT by 95.6% in 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 in the last quarter. Anchor Investment Management LLC raised its holdings in shares of EQT by 133.3% in the 2nd quarter. Anchor Investment Management LLC now owns 875 shares of the oil and gas producer’s stock valued at $51,000 after purchasing an additional 500 shares in the last quarter. Aventura Private Wealth LLC purchased a new stake in shares of EQT during the 4th quarter worth $31,000. Finally, LRI Investments LLC grew its stake in shares of EQT by 32.7% during the third quarter. LRI Investments LLC now owns 2,713 shares of the oil and gas producer’s stock worth $148,000 after purchasing an additional 669 shares in the last quarter. Institutional investors and hedge funds own 90.81% of the company’s stock.

Key EQT News

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Analyst outlook: an analyst raised EQT’s price target to $78, signaling bullish analyst sentiment and upside versus current levels. EQT (NYSE:EQT) Price Target Raised to $78.00
• Positive Sentiment: Operational growth: EQT is integrating its Olympus Energy deal and moving to multi-bench development in the Marcellus and Utica — this expands potential production, improves capital efficiency per pad, and supports longer-term volumes. EQT Expands Marcellus Utica Drilling Footprint With Olympus Deal Integration
• Positive Sentiment: Business model resilience: coverage highlights EQT’s push into midstream assets, which should provide fee-based, stable cash flow to offset commodity volatility — a structural boost to valuation multiple stability. Has EQT’s Midstream Push Paved the Way for a Resilient Business Model?
• Positive Sentiment: Earnings momentum: analysts and coverage note EQT’s strong earnings surprise history and position to beat again, which supports near-term upside expectations ahead of the next report. Will EQT (EQT) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Long-term demand thesis: broader coverage (energy/AI theme) cites EQT as a key natural-gas supplier for power demand and LNG exports — its low production costs, reserve life, and unhedged stance for 2026 give upside exposure to higher gas prices and export demand. (Market commentary)
• Neutral Sentiment: Near-term catalyst: EQT scheduled its Q1 2026 earnings release after market close on April 21 and a conference call on April 22 — this is the proximate event that could move the stock either direction. EQT Corporation Schedules First Quarter 2026 Earnings Release and Conference Call
• Positive Sentiment: M&A chatter: reports say EQT is among suitors circling UK insurer/roadside business AA for a potential ~£5bn takeover — signals management appetite for strategic M&A that could meaningfully change growth/portfolio mix (market will watch deal terms). EQT among suitors circling AA about potential £5bn takeover – report

Insider Buying and Selling at EQT

In other news, insider Lesley Evancho sold 20,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was 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 of the company’s stock, valued at approximately $11,203,798.83. This represents a 9.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Sarah Fenton sold 4,876 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $64.49, for a total transaction of $314,453.24. Following the transaction, the executive vice president owned 52,953 shares in the company, valued at approximately $3,414,938.97. This trade represents a 8.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 61,158 shares of company stock worth $3,742,983. 0.72% of the stock is owned by insiders.

EQT Stock Performance

NYSE EQT opened at $59.64 on Monday. The company has a fifty day moving average of $60.47 and a two-hundred day moving average of $57.01. The company has a market capitalization of $37.26 billion, a PE ratio of 18.02, a P/E/G ratio of 1.14 and a beta of 0.70. EQT Corporation has a 1 year low of $43.57 and a 1 year high of $68.24. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.76 and a quick ratio of 0.76.

EQT (NYSE:EQT) last posted its 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. EQT had a return on equity of 7.25% and a net margin of 23.59%.The business had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.13 billion. During the same quarter in the previous year, the firm earned $0.69 earnings per share. The business’s revenue was up 24.8% compared to the same quarter last year. As a group, analysts expect that EQT Corporation will post 3.27 earnings per share for the current year.

EQT Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on EQT shares. Citigroup dropped their target price on EQT from $63.00 to $62.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Jefferies Financial Group reaffirmed a “buy” rating on shares of EQT in a research report on Sunday, January 18th. Capital One Financial increased their price objective on EQT from $58.00 to $64.00 and gave the company an “overweight” rating in a report on Thursday, March 26th. Morgan Stanley raised their target price on EQT from $69.00 to $74.00 and gave the stock an “overweight” rating in a research report on Friday, March 27th. Finally, Zacks Research raised EQT from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 24th. Three analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, EQT presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.00.

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.