EQT (NYSE:EQT – Get Free Report) had its target price raised by BMO Capital Markets from $68.00 to $76.00 in a research report issued on Friday,Benzinga reports. The firm presently has an “outperform” rating on the oil and gas producer’s stock. BMO Capital Markets’ target price points to a potential upside of 12.49% from the stock’s current price.
Several other equities research analysts also recently commented on the stock. UBS Group reduced their target price on shares of EQT from $76.00 to $75.00 and set a “buy” rating on the stock in a research note on Thursday, March 5th. Roth Mkm reissued a “neutral” rating on shares of EQT in a report on Wednesday, February 18th. Stephens boosted their price target on shares of EQT from $70.00 to $71.00 and gave the company an “overweight” rating in a research report on Wednesday, February 18th. Piper Sandler upped their price objective on shares of EQT from $50.00 to $55.00 and gave the stock a “neutral” rating in a research note on Thursday, March 5th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of EQT in a report on Sunday, January 18th. Three investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $67.04.
EQT Price Performance
EQT (NYSE:EQT – Get Free Report) last announced its quarterly 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. EQT had a return on equity of 7.25% and a net margin of 23.59%.The firm had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.13 billion. During the same period in the prior year, the business posted $0.69 earnings per share. The business’s revenue was up 24.8% compared to the same quarter last year. On average, sell-side analysts forecast that EQT will post 3.27 EPS for the current fiscal year.
Insider Buying and Selling at EQT
In other EQT news, insider Lesley Evancho sold 20,000 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $60.69, for a total value of $1,213,800.00. Following the completion of the transaction, the insider directly owned 184,607 shares of the company’s stock, valued at approximately $11,203,798.83. The trade was a 9.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Sarah Fenton sold 4,876 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $64.49, for a total transaction of $314,453.24. Following the transaction, the executive vice president owned 52,953 shares in the company, valued at $3,414,938.97. The trade was a 8.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 61,158 shares of company stock worth $3,742,983. 0.72% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of the company. Westpac Banking Corp increased its stake in shares of EQT by 6.6% in the 3rd quarter. Westpac Banking Corp now owns 2,671 shares of the oil and gas producer’s stock valued at $145,000 after buying an additional 165 shares during the period. Parallel Advisors LLC lifted its stake in shares of EQT by 1.0% during the fourth quarter. Parallel Advisors LLC now owns 19,075 shares of the oil and gas producer’s stock valued at $1,022,000 after acquiring an additional 198 shares during the period. Rothschild Investment LLC boosted its holdings in EQT by 0.5% in the fourth quarter. Rothschild Investment LLC now owns 46,582 shares of the oil and gas producer’s stock valued at $2,497,000 after acquiring an additional 215 shares during the last quarter. Fortitude Family Office LLC increased its position in EQT by 95.6% in the fourth quarter. Fortitude Family Office LLC now owns 573 shares of the oil and gas producer’s stock worth $31,000 after purchasing an additional 280 shares during the period. Finally, Valeo Financial Advisors LLC increased its position in EQT by 4.0% in the fourth quarter. Valeo Financial Advisors LLC now owns 11,813 shares of the oil and gas producer’s stock worth $633,000 after purchasing an additional 456 shares during the period. 90.81% of the stock is currently owned by institutional investors.
EQT News Roundup
Here are the key news stories impacting EQT this week:
- Positive Sentiment: Zacks Research upgraded EQT to a “Strong‑Buy” and raised near‑term and long‑term EPS forecasts (Q4 2026, Q1 2027, FY2026 and FY2028), signaling stronger earnings momentum and boosting buy-side conviction. EQT (EQT) Upgraded to Strong Buy: Here’s Why
- Positive Sentiment: Management/market action to improve the balance sheet — EQT upsized a cash tender offer to $1.4B to retire senior notes, which can lower interest burden and improve credit metrics, supporting valuation multiples. A Look At EQT (EQT) Valuation As Debt Tender Offer Is Upsized To US$1.4b
- Positive Sentiment: New coverage from Truist Financial (coverage initiated) provides incremental institutional attention and could increase liquidity/interest in the stock. Truist Financial Begins Coverage on EQT (NYSE:EQT)
- Positive Sentiment: Reports that Ares is circling a ~$650M portfolio tied to EQT’s industrial holdings suggest potential non‑core asset monetization that could raise cash or simplify the business. Ares circles $650M EQT industrial portfolio in latest deal
- Neutral Sentiment: Market/sector momentum: coverage and articles note energy sector tailwinds and S&P futures tracking energy trends, which can lift EQT alongside peers but are macro‑driven rather than company‑specific. EQT (NYSE:EQT) Strength Builds As S&P 500 Futures Track Energy Trends
- Neutral Sentiment: Some headlines in the feed reference “EQT” as a private‑equity firm (bidding for Vitabiotics) or unrelated corporate transactions (Corebridge/Equitable merger); these are separate entities and not material to NYSE:EQT operational performance. Bain, EQT, TPG enter final leg of race for UK’s Vitabiotics at $900 mn-$1 bn valuation
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.
See Also
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.
