EQT (NYSE:EQT) Given New $70.00 Price Target at TD Cowen

EQT (NYSE:EQT) had its price target boosted by TD Cowen from $65.00 to $70.00 in a research report released on Friday morning, Marketbeat.com reports. TD Cowen currently has a buy rating on the oil and gas producer’s stock.

A number of other equities analysts have also weighed in on the company. Wolfe Research increased their price target on EQT from $61.00 to $62.00 and gave the company an “outperform” rating in a research report on Monday, January 26th. Mizuho raised their target price on shares of EQT from $60.00 to $68.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. Citigroup dropped their target price on shares of EQT from $63.00 to $62.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. Jefferies Financial Group restated a “buy” rating on shares of EQT in a report on Sunday, January 18th. Finally, UBS Group reaffirmed a “buy” rating on shares of EQT in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, EQT presently has an average rating of “Moderate Buy” and an average target price of $65.09.

EQT Trading Up 1.2%

Shares of NYSE:EQT opened at $60.49 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.58 and a current ratio of 0.76. The stock 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 has a 1-year low of $43.57 and a 1-year high of $62.23. The company has a 50 day moving average price of $54.68 and a 200 day moving average price of $54.55.

EQT (NYSE:EQT) last released its quarterly earnings data on Tuesday, February 17th. The oil and gas producer reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.73 by $0.17. The business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.13 billion. EQT had a return on equity of 7.25% and a net margin of 23.59%.The company’s revenue was up 24.8% compared to the same quarter last year. During the same period last year, the company posted $0.69 EPS. On average, research analysts anticipate that EQT will post 3.27 EPS for the current fiscal year.

EQT Announces Dividend

The business also recently disclosed 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. This represents a $0.66 annualized dividend and a yield of 1.1%. The ex-dividend date is Tuesday, February 17th. EQT’s dividend payout ratio is currently 19.94%.

Hedge Funds Weigh In On EQT

Institutional investors and hedge funds have recently modified their holdings of the stock. Westpac Banking Corp raised its holdings in shares of 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 position in EQT by 1.0% in 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 raised 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 in the last quarter. Fortitude Family Office LLC lifted 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 buying an additional 280 shares during the last quarter. Finally, Private Trust Co. NA grew its stake in shares of EQT by 38.1% in the 2nd quarter. Private Trust Co. NA now owns 1,026 shares of the oil and gas producer’s stock valued at $60,000 after buying an additional 283 shares in the last quarter. 90.81% of the stock is currently owned by hedge funds and other institutional investors.

Key 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.