Zacks Research Weighs in on EQT’s Q1 Earnings (NYSE:EQT)

EQT Corporation (NYSE:EQT) – Equities researchers at Zacks Research boosted their Q1 2026 EPS estimates for shares of EQT in a note issued to investors on Monday, March 2nd. Zacks Research analyst Team now forecasts that the oil and gas producer will post earnings of $1.52 per share for the quarter, up from their previous estimate of $1.36. Zacks Research currently 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 Q2 2026 earnings at $0.79 EPS and FY2028 earnings at $5.54 EPS.

A number of other analysts have also commented on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of EQT in a research note on Monday, December 29th. Stephens raised their price objective on shares of EQT from $70.00 to $71.00 and gave the company an “overweight” rating in a report on Wednesday, February 18th. JPMorgan Chase & Co. lifted their target price on shares of EQT from $58.00 to $68.00 and gave the stock an “overweight” rating in a research report on Thursday, February 19th. Scotiabank decreased their price target on shares of EQT from $67.00 to $63.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 21st. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of EQT in a research note on Sunday, January 18th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $65.91.

EQT Trading Down 0.5%

NYSE EQT opened at $61.31 on Tuesday. The company has a market cap of $38.31 billion, a price-to-earnings ratio of 18.52, a price-to-earnings-growth ratio of 0.41 and a beta of 0.72. EQT has a twelve month low of $43.57 and a twelve month high of $63.06. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.27. The business’s fifty day moving average is $55.68 and its 200 day moving average is $55.04.

EQT (NYSE:EQT) last issued its earnings results on Tuesday, February 17th. The oil and gas producer reported $0.90 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.14. The firm 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%. The company’s quarterly revenue was up 24.8% on a year-over-year basis. During the same quarter last year, the business posted $0.69 earnings per share.

Hedge Funds Weigh In On EQT

Several institutional investors have recently added to or reduced their stakes in EQT. Sound Shore Management Inc CT bought a new position in EQT during the 2nd quarter worth approximately $67,539,000. Reaves W H & Co. Inc. boosted its stake in shares of EQT by 213.3% during the third quarter. Reaves W H & Co. Inc. now owns 1,029,234 shares of the oil and gas producer’s stock valued at $56,021,000 after purchasing an additional 700,732 shares during the period. SG Americas Securities LLC grew its holdings in shares of EQT by 1,286.2% in the second quarter. SG Americas Securities LLC now owns 735,936 shares of the oil and gas producer’s stock worth $42,920,000 after purchasing an additional 682,844 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp increased its stake in shares of EQT by 116.4% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 534,485 shares of the oil and gas producer’s stock worth $29,092,000 after buying an additional 287,538 shares during the period. Finally, KTF Investments LLC purchased a new position in shares of EQT in the fourth quarter worth $8,885,000. 90.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at EQT

In other news, CAO Todd James sold 32,514 shares of the business’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $61.12, for a total value of $1,987,255.68. Following the transaction, the chief accounting officer directly owned 58,796 shares of the company’s stock, valued at $3,593,611.52. The trade was a 35.61% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Sarah Fenton sold 3,768 shares of the company’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $60.37, for a total value of $227,474.16. Following the sale, the executive vice president owned 52,806 shares in the company, valued at approximately $3,187,898.22. The trade was a 6.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.72% of the stock is owned by insiders.

EQT Announces Dividend

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

Trending Headlines about 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

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.