EQT (NYSE:EQT) Trading 6% Higher After Analyst Upgrade

EQT Corporation (NYSE:EQT)’s stock price rose 6% during mid-day trading on Wednesday after Stephens raised their price target on the stock from $71.00 to $72.00. Stephens currently has an overweight rating on the stock. EQT traded as high as $52.38 and last traded at $52.8080. Approximately 1,331,327 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 8,643,037 shares. The stock had previously closed at $49.80.

Several other research firms have also issued reports on EQT. UBS Group dropped their price objective on EQT from $74.00 to $73.00 and set a “buy” rating on the stock in a research note on Wednesday, July 8th. Capital One Financial raised their price target on EQT from $64.00 to $68.00 and gave the company an “overweight” rating in a report on Tuesday, April 28th. Jefferies Financial Group reduced their price objective on shares of EQT from $77.00 to $75.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Evercore lifted their price objective on shares of EQT from $60.00 to $70.00 and gave the stock an “outperform” rating in a research report on Monday, April 6th. Finally, Truist Financial decreased their price objective on shares of EQT from $74.00 to $65.00 and set a “buy” rating on the stock in a report on Wednesday, June 24th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.21.

Insider Activity at EQT

In other news, CEO Toby Z. Rice sold 96,983 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $54.28, for a total value of $5,264,237.24. Following the transaction, the chief executive officer owned 2,334,924 shares of the company’s stock, valued at approximately $126,739,674.72. This represents a 3.99% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vicky A. Bailey sold 4,116 shares of the stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $59.80, for a total value of $246,136.80. The SEC filing for this sale provides additional information. Insiders sold 102,830 shares of company stock worth $5,602,913 in the last ninety days. 0.72% of the stock is owned by company insiders.

Key Headlines Impacting EQT

Here are the key news stories impacting EQT this week:

• Positive Sentiment: EQT raised its 2026 production guidance, citing stronger well performance, operational efficiencies, and higher expected output. EQT Q2 Earnings Call Highlights Demand Deals, Higher Output
• Positive Sentiment: The company also lowered its capital spending forecast, which could support free cash flow and improve shareholder returns. EQT Raises Production Outlook and Lowers Capital Spending Forecast
• Positive Sentiment: EQT highlighted new demand-linked gas supply deals and buybacks, reinforcing confidence in future cash generation and growth opportunities. Why EQT Corporation Rallied Today
• Neutral Sentiment: Second-quarter results were mixed: revenue came in below estimates in some reports, while other coverage noted sales were ahead of expectations; EPS also missed consensus slightly. EQT Surprises With Strong Q2 CY2026
• Negative Sentiment: Weak realized natural gas prices weighed on quarterly earnings, showing that EQT’s results still depend heavily on the commodity backdrop. EQT Q2 Earnings and Revenues Miss Estimates on Lower Realized Prices

Hedge Funds Weigh In On EQT

Several institutional investors and hedge funds have recently modified their holdings of EQT. SG Americas Securities LLC lifted its stake in EQT by 228.5% in the 4th quarter. SG Americas Securities LLC now owns 517,651 shares of the oil and gas producer’s stock valued at $27,746,000 after purchasing an additional 360,049 shares during the last quarter. KTF Investments LLC bought a new stake in shares of EQT during the fourth quarter worth $8,885,000. Reaves W H & Co. Inc. increased its holdings in shares of EQT by 12.9% during the fourth quarter. Reaves W H & Co. Inc. now owns 1,161,975 shares of the oil and gas producer’s stock worth $62,282,000 after buying an additional 132,741 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S increased its holdings in shares of EQT by 495.2% during the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 128,060 shares of the oil and gas producer’s stock worth $7,468,000 after buying an additional 106,545 shares in the last quarter. Finally, Whittier Trust Co. lifted its stake in shares of EQT by 9.6% in the 1st quarter. Whittier Trust Co. now owns 643,321 shares of the oil and gas producer’s stock valued at $38,857,000 after acquiring an additional 56,149 shares during the last quarter. 90.81% of the stock is currently owned by institutional investors and hedge funds.

EQT Stock Down 1.0%

The company has a current ratio of 0.67, a quick ratio of 0.66 and a debt-to-equity ratio of 0.19. The company has a market capitalization of $33.43 billion, a P/E ratio of 12.40 and a beta of 0.55. The stock has a 50 day moving average price of $52.92 and a 200 day moving average price of $56.51.

EQT (NYSE:EQT) last issued its earnings results on Tuesday, July 21st. The oil and gas producer reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). The firm had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.76 billion. EQT had a return on equity of 9.31% and a net margin of 28.44%.EQT’s revenue for the quarter was down 29.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.45 EPS. On average, research analysts anticipate that EQT Corporation will post 4.25 earnings per share for the current fiscal year.

EQT Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 5th will be issued a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Wednesday, August 5th. EQT’s payout ratio is 15.31%.

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.