EQT (NYSE:EQT – Free Report) had its price objective boosted by BMO Capital Markets from $68.00 to $76.00 in a research note released on Friday,Benzinga reports. BMO Capital Markets currently has an outperform rating on the oil and gas producer’s stock.
A number of other brokerages also recently weighed in on EQT. Roth Mkm reiterated a “neutral” rating on shares of EQT in a report on Wednesday, February 18th. Citigroup decreased their price objective on EQT from $63.00 to $62.00 and set a “buy” rating for the company in a research report on Friday, December 19th. TD Securities raised EQT to a “strong-buy” rating in a research note on Friday, February 20th. The Goldman Sachs Group dropped their target price on EQT from $70.00 to $66.00 and set a “buy” rating on the stock in a report on Thursday, January 22nd. Finally, Zacks Research raised shares of EQT from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 24th. Three analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, EQT has an average rating of “Moderate Buy” and a consensus target price of $67.04.
Read Our Latest Research Report on EQT
EQT Stock Performance
EQT (NYSE:EQT – Get Free Report) last issued its quarterly earnings results on Tuesday, February 17th. The oil and gas producer reported $0.90 EPS for the quarter, beating the consensus estimate of $0.76 by $0.14. EQT had a net margin of 23.59% and a return on equity of 7.25%. The business 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 firm earned $0.69 EPS. The firm’s quarterly revenue was up 24.8% on a year-over-year basis. On average, equities research analysts expect that EQT 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. Investors of record on Tuesday, February 17th were given a dividend of $0.165 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $0.66 dividend on an annualized basis and a yield of 1.0%. EQT’s dividend payout ratio (DPR) is presently 19.94%.
Insider Buying and Selling at EQT
In other news, insider Lesley Evancho sold 20,000 shares of EQT stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $60.69, for a total transaction of $1,213,800.00. Following the completion of the sale, the insider directly owned 184,607 shares in the company, valued at $11,203,798.83. The trade was a 9.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Sarah Fenton sold 4,876 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $64.49, for a total value of $314,453.24. Following the completion of the sale, the executive vice president directly owned 52,953 shares of the company’s stock, valued at approximately $3,414,938.97. The trade was a 8.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 61,158 shares of company stock worth $3,742,983 over the last 90 days. 0.72% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On EQT
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Greykasell Wealth Strategies Inc. bought a new stake in EQT in the fourth quarter worth approximately $26,000. Aventura Private Wealth LLC bought a new position in shares of EQT during the 4th quarter valued at $31,000. Fortitude Family Office LLC raised 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 in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of EQT in the 2nd quarter valued at $41,000. Finally, Anchor Investment Management LLC lifted its stake 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 during the last quarter. Institutional investors own 90.81% of the company’s stock.
EQT News Summary
Here are the key news stories impacting EQT this week:
- Positive Sentiment: BMO Capital Markets raised its price target on EQT from $68 to $76 and maintained an “outperform” rating — a material upside to the current market level that likely helped lift the stock. EQT price target raise by BMO (Benzinga)
- Positive Sentiment: Zacks Research upgraded EQT to “Strong-Buy” and raised multiple near‑term and FY estimates (Q1 2027, Q4 2026, FY2026 and FY2028), signaling higher expected earnings that support valuation expansion. Zacks upgrades and estimate raises (MarketBeat)
- Positive Sentiment: Market commentary highlights that EQT is “printing cash” and attracting Wall Street attention after strong operational results and YTD outperformance — reinforcing investor appetite for the stock. EQT Is Printing Cash and Wall Street Is Starting to Notice (24/7 Wall St.)
- Neutral Sentiment: Ares is reported to be circling a roughly $650M industrial portfolio tied to EQT — a transaction that could monetize non‑core assets and affect cash/real estate holdings but its direct impact on EQT Corp’s core gas business is unclear. Ares circles $650M EQT industrial portfolio (The Real Deal)
- Neutral Sentiment: Truist Financial initiated coverage on EQT (coverage start can add liquidity/visibility but the note did not contain a headline upgrade). Truist begins coverage on EQT (American Banking News)
- Neutral Sentiment: Several articles referencing “EQT” in buyout bids (e.g., Vitabiotics) refer to the private‑equity firm EQT, not EQT Corporation (the energy producer). Investors should not conflate PE dealflow with EQT Corp’s operating performance. Bain, EQT, TPG race for Vitabiotics (LiveMint)
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.
Further Reading
Receive News & Ratings for EQT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EQT and related companies with MarketBeat.com's FREE daily email newsletter.
