The Goldman Sachs Group Cuts EQT (NYSE:EQT) Price Target to $66.00

EQT (NYSE:EQT) had its price objective decreased by equities research analysts at The Goldman Sachs Group from $70.00 to $66.00 in a report issued on Thursday,MarketScreener reports. The firm presently has a “buy” rating on the oil and gas producer’s stock. The Goldman Sachs Group’s target price suggests a potential upside of 21.51% from the stock’s previous close.

Several other equities analysts have also commented on EQT. Wolfe Research lowered their price target on shares of EQT from $70.00 to $61.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Sanford C. Bernstein upped their target price on shares of EQT from $72.00 to $73.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Citigroup cut their price target on EQT from $63.00 to $62.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Siebert Williams Shank decreased their price objective on EQT from $62.00 to $59.00 and set a “hold” rating for the company in a report on Monday, October 13th. Finally, Scotiabank lowered their target price on EQT from $67.00 to $63.00 and set a “sector perform” rating on the stock in a research report on Wednesday. Nineteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $63.86.

EQT Stock Performance

Shares of NYSE EQT opened at $54.32 on Thursday. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.29. The firm’s 50-day moving average price is $55.52 and its two-hundred day moving average price is $54.25. EQT has a 52-week low of $43.57 and a 52-week high of $62.23. The stock has a market capitalization of $33.90 billion, a P/E ratio of 18.57, a P/E/G ratio of 0.39 and a beta of 0.68.

EQT (NYSE:EQT) last announced its quarterly earnings results on Tuesday, October 21st. The oil and gas producer reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.02. The business had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.78 billion. EQT had a return on equity of 6.88% and a net margin of 22.59%.The business’s quarterly revenue was up 52.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.12 EPS. As a group, sell-side analysts forecast that EQT will post 3.27 earnings per share for the current year.

Insider Transactions at EQT

In other EQT news, EVP J.E.B. Bolen sold 1,422 shares of the business’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $52.79, for a total value of $75,067.38. Following the sale, the executive vice president directly owned 69,486 shares in the company, valued at approximately $3,668,165.94. The trade was a 2.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.65% of the stock is currently owned by insiders.

Institutional Trading of EQT

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. First American Bank acquired a new stake in shares of EQT during the 3rd quarter valued at $1,915,000. Whittier Trust Co. lifted its holdings in shares of EQT by 2.6% during the second quarter. Whittier Trust Co. now owns 302,900 shares of the oil and gas producer’s stock valued at $17,662,000 after purchasing an additional 7,647 shares during the last quarter. Sound Shore Management Inc CT acquired a new position in shares of EQT in the 2nd quarter valued at $67,539,000. Adams Natural Resources Fund Inc. increased its stake in EQT by 97.1% in the 3rd quarter. Adams Natural Resources Fund Inc. now owns 220,500 shares of the oil and gas producer’s stock worth $12,002,000 after purchasing an additional 108,600 shares in the last quarter. Finally, Praxis Investment Management Inc. raised its holdings in EQT by 18.0% during the 2nd quarter. Praxis Investment Management Inc. now owns 32,210 shares of the oil and gas producer’s stock worth $1,878,000 after buying an additional 4,910 shares during the period. 90.81% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about EQT

Here are the key news stories impacting EQT this week:

• Positive Sentiment: EQT announced a planned acquisition of private‑equity firm Coller Capital for up to about $3.7 billion, a deal EQT says could roughly double Coller’s business within four years — a strategic move to expand fee‑based earnings and diversify revenue away from pure upstream production. WSJ: EQT to Acquire Coller Capital
• Positive Sentiment: FY2025 results topped expectations on adjusted profit and management highlighted the Coller transaction; the combination of the earnings beat and the deal press release appears to be driving near‑term investor enthusiasm. Investing.com: EQT shares rise after FY25 beat and Coller deal
• Positive Sentiment: Street momentum: a published “buy” recommendation and related coverage flagged as driving intraday buying, contributing to the recent multi‑day rally. This appears to have amplified reaction to the earnings and deal news. Yahoo Finance: EQT Soars on Buy Reco
• Positive Sentiment: Ongoing venture and buyout activity — EQT co‑led a Series B for Exciva and is rolling venture stakes into a new fund — signals active deal flow that supports fee income and longer‑term growth opportunities. PharmiWeb: Exciva funding co-led by EQT
• Neutral Sentiment: EQT is reported competing with peers for other specialty assets (e.g., an Encube stake) — deal activity can be accretive but also competitive and price‑sensitive. MSN: EQT competing to buy Encube stake
• Neutral Sentiment: Several bullish media pieces are pitching EQT as a buy on valuation and long‑term natural gas exposure — these can attract retail interest but are less likely to drive large institutional flows on their own. 247WallSt: Bullish take on EQT
• Negative Sentiment: Two brokers trimmed price targets (Scotiabank lowered to $63; Barclays to $64 from $67), which may cap upside from some institutional holders despite maintaining neutral/overweight views. MarketScreener: Scotiabank PT change

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.