BMO Capital Markets Raises EQT (NYSE:EQT) Price Target to $68.00

EQT (NYSE:EQT) had its price target upped by research analysts at BMO Capital Markets from $60.00 to $68.00 in a note issued to investors on Tuesday,MarketScreener reports. The brokerage currently has an “outperform” rating on the oil and gas producer’s stock. BMO Capital Markets’ price target points to a potential upside of 10.91% from the company’s previous close.

EQT has been the topic of a number of other research reports. Wolfe Research increased their price objective on shares of EQT from $61.00 to $62.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of EQT in a research note on Monday, December 29th. Stephens increased their price target on EQT from $70.00 to $71.00 and gave the stock an “overweight” rating in a report on Wednesday, February 18th. Siebert Williams Shank boosted their price objective on EQT from $59.00 to $62.00 and gave the company a “hold” rating in a report on Monday, January 26th. Finally, The Goldman Sachs Group lowered their target price on EQT from $70.00 to $66.00 and set a “buy” rating on the stock in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, EQT presently has a consensus rating of “Moderate Buy” and a consensus price target of $65.91.

EQT Price Performance

EQT stock opened at $61.31 on Tuesday. The stock has a market capitalization of $38.31 billion, a price-to-earnings ratio of 18.52, a PEG ratio of 0.41 and a beta of 0.72. EQT has a 52-week low of $43.57 and a 52-week high of $63.06. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.76 and a current ratio of 0.76. The stock’s 50 day moving average price is $55.68 and its two-hundred day moving average price is $55.04.

EQT (NYSE:EQT) last released its earnings results on Tuesday, February 17th. The oil and gas producer reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.14. The company had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.13 billion. EQT had a net margin of 23.59% and a return on equity of 7.25%. EQT’s quarterly revenue was up 24.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.69 EPS. On average, equities analysts predict that EQT will post 3.27 earnings per share for the current year.

Insider Buying and Selling at EQT

In other news, EVP Sarah Fenton sold 3,768 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $60.37, for a total value of $227,474.16. Following the completion of the sale, the executive vice president owned 52,806 shares in the company, valued at $3,187,898.22. This represents a 6.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Todd James sold 32,514 shares of the business’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $61.12, for a total transaction of $1,987,255.68. Following the transaction, the chief accounting officer owned 58,796 shares in the company, valued at approximately $3,593,611.52. This trade represents a 35.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.72% of the company’s stock.

Hedge Funds Weigh In On EQT

Several hedge funds have recently modified their holdings of the company. Westpac Banking Corp boosted 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 worth $145,000 after buying an additional 165 shares during the last quarter. Parallel Advisors LLC boosted its position in EQT by 1.0% in the fourth 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 boosted its position 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 worth $2,497,000 after purchasing an additional 215 shares during the last quarter. Fortitude Family Office LLC grew its stake in EQT by 95.6% in 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 during the period. Finally, Valeo Financial Advisors LLC increased its position in shares of EQT by 4.0% during the 4th quarter. Valeo Financial Advisors LLC now owns 11,813 shares of the oil and gas producer’s stock valued at $633,000 after purchasing an additional 456 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: Consortium-led acquisition of AES signals strategic pivot into power/renewables and scale—EQT is part of a GIP/EQT-led group that agreed to buy AES in a roughly $33.4 billion transaction; some reports indicate EQT’s portion is about $10.7 billion. The deal could accelerate EQT’s move up the value chain into electricity/clean energy, adding long-term growth and diversification potential. Article Title
• Positive Sentiment: BMO Capital Markets raised its price target to $68 and kept an Outperform rating — this is a fresh bullish signal from an institutional research shop implying roughly double-digit upside from recent levels and supporting buy-side interest. Article Title
• Positive Sentiment: Sector tailwinds — rising clean-energy demand and higher U.S. LNG exports are supporting natural-gas prices, which should boost EQT’s cash flows and margins as a large gas producer. Analysts flag EQT as a beneficiary of stronger gas fundamentals. Article Title
• Neutral Sentiment: Zacks Research made mixed updates to near- and medium-term EPS forecasts (several upgrades to 2026/2027 quarters and FY2027, offset by at least one cut to Q4 2027), while maintaining a “Hold” stance—this suggests analyst estimates are being refined but consensus remains cautious.
• Neutral Sentiment: Corporate action unrelated to EQT Corp: a press item notes EQT AB (the Swedish buyout firm) resolved a share repurchase — this concerns EQT AB (different company) and is not a corporate action for EQT Corporation (NYSE:EQT). Investors in EQT Corp should treat that item as unrelated. Article Title
• Negative Sentiment: Deal-size and financing risks — the AES acquisition’s scale raises near-term concerns: funding structure, potential equity dilution, integration risk and regulatory reviews could weigh on EQT’s free cash flow and multiple until financing details and EQT’s exact stake are confirmed. Article Title

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.