EQT (NYSE:EQT) Price Target Raised to $70.00

EQT (NYSE:EQT) had its target price raised by Wells Fargo & Company from $66.00 to $70.00 in a research report released on Friday,MarketScreener reports. The firm currently has an overweight rating on the oil and gas producer’s stock.

Other equities analysts have also recently issued reports about the company. Capital One Financial increased their target price on EQT from $52.00 to $55.00 and gave the stock an “overweight” rating in a report on Thursday, January 22nd. The Goldman Sachs Group dropped their price objective on EQT from $70.00 to $66.00 and set a “buy” rating for the company in a research note on Thursday, January 22nd. Mizuho boosted their target price on shares of EQT from $60.00 to $68.00 and gave the company an “outperform” rating in a research note on Friday, December 12th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of EQT in a report on Monday, December 29th. Finally, TD Cowen increased their target price on shares of EQT from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $65.27.

EQT Stock Up 1.2%

Shares of EQT stock opened at $60.49 on Friday. The stock’s 50 day simple moving average is $54.68 and its 200 day simple moving average is $54.59. EQT has a twelve month low of $43.57 and a twelve month high of $62.23. 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 company has a market capitalization of $37.76 billion, a price-to-earnings ratio of 18.27, a PEG ratio of 0.47 and a beta of 0.74.

EQT (NYSE:EQT) last issued 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. 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 analyst estimates of $2.13 billion. During the same period in the previous year, the company earned $0.69 earnings per share. The company’s quarterly revenue was up 24.8% compared to the same quarter last year. As a group, research analysts predict that EQT will post 3.27 EPS for the current year.

EQT Announces Dividend

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

Hedge Funds Weigh In On EQT

Several hedge funds have recently modified their holdings of EQT. Westpac Banking Corp raised its position in EQT by 6.6% during the third 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. Parallel Advisors LLC increased its stake in shares of EQT by 1.0% during the 4th quarter. Parallel Advisors LLC now owns 19,075 shares of the oil and gas producer’s stock worth $1,022,000 after purchasing an additional 198 shares during the last quarter. Rothschild Investment LLC increased its stake in shares of EQT by 0.5% during the 4th quarter. Rothschild Investment LLC now owns 46,582 shares of the oil and gas producer’s stock worth $2,497,000 after purchasing an additional 215 shares during 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 during the period. Finally, Valeo Financial Advisors LLC lifted its stake in EQT by 4.0% in the 4th quarter. Valeo Financial Advisors LLC now owns 11,813 shares of the oil and gas producer’s stock valued at $633,000 after purchasing an additional 456 shares during the last quarter. Institutional investors own 90.81% of the company’s stock.

More EQT News

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Q4 earnings beat and operational drivers — EQT reported quarterly results that topped EPS expectations, driven by higher realized gas-equivalent prices and stronger sales volumes, which underpinned the earnings beat. Article Title
• Positive Sentiment: Large free cash flow and upgraded 2026 outlook — Management highlighted roughly $750M of Q4 free cash flow and raised 2026 production guidance while increasing its ownership in the Mountain Valley Pipeline to about 53%, signaling more control of midstream capacity and flexibility to fund buybacks, debt paydown or reinvestment. Article Title Article Title
• Positive Sentiment: Analyst upgrades lift sentiment — TD Cowen raised its target to $70 (buy) and JPMorgan lifted its target to $68 (overweight), both citing the company’s improved cash profile and outlook, which supports upside from current trading levels. TD Cowen Article JPMorgan Article
• Neutral Sentiment: CEO starts nonprofit with the Rockefellers — Toby Rice is launching a nonprofit to address energy access in low-income countries; positive for ESG/brand but unlikely to move fundamentals near-term. Article Title
• Neutral Sentiment: Call transcripts and summaries available — Full earnings call transcript and third‑party summaries provide more detail on capital allocation, production plans and commodity sensitivities for investors doing deeper due diligence. Call Transcript Earnings Summary
• Neutral Sentiment: Analyst/industry takeaways — Independent pieces (e.g., Seeking Alpha) are highlighting the strategic implications of the company’s “2x” production ambitions; useful for medium-term thesis but not an immediate catalyst. Seeking Alpha

EQT Company Profile

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.