Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently bought shares of EQT Corporation (NYSE:EQT). In a filing disclosed on June 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in EQT stock on June 1st. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.
Representative Thomas H. Kean, Jr. also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Check Point Software Technologies (NASDAQ:CHKP) on 6/1/2026.
- Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 4/29/2026.
- Sold $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 4/21/2026.
- Sold $1,001 – $15,000 in shares of nVent Electric (NYSE:NVT) on 4/15/2026.
- Purchased $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 4/14/2026.
- Sold $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 4/14/2026.
- Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 3/31/2026.
- Sold $15,001 – $50,000 in shares of S&P Global (NYSE:SPGI) on 3/26/2026.
- Sold $15,001 – $50,000 in shares of Chubb (NYSE:CB) on 3/26/2026.
- Sold $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 3/26/2026.
EQT Stock Performance
EQT traded down $0.03 on Thursday, reaching $51.45. 800,218 shares of the stock were exchanged, compared to its average volume of 8,780,982. The company’s 50-day moving average price is $55.65 and its 200 day moving average price is $57.08. EQT Corporation has a fifty-two week low of $48.47 and a fifty-two week high of $68.24. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.66 and a quick ratio of 0.66. The firm has a market capitalization of $32.18 billion, a PE ratio of 9.77 and a beta of 0.55.
EQT Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Wednesday, May 6th were paid a $0.165 dividend. The ex-dividend date was Wednesday, May 6th. This represents a $0.66 dividend on an annualized basis and a yield of 1.3%. EQT’s dividend payout ratio (DPR) is 12.52%.
Hedge Funds Weigh In On EQT
Hedge funds and other institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC raised 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 acquired a new stake in shares of EQT in the 4th quarter worth $8,885,000. Reaves W H & Co. Inc. raised its stake in 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 purchasing an additional 132,741 shares during the period. BI Asset Management Fondsmaeglerselskab A S lifted its holdings in EQT by 495.2% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 128,060 shares of the oil and gas producer’s stock valued at $7,468,000 after acquiring an additional 106,545 shares during the last quarter. Finally, First Financial Bank Trust Division acquired a new position in shares of EQT in the 4th quarter valued at $3,173,000. Hedge funds and other institutional investors own 90.81% of the company’s stock.
Insider Activity
In other news, Director Vicky A. Bailey sold 4,116 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $59.80, for a total value of $246,136.80. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Toby Z. Rice sold 1,731 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $53.46, for a total value of $92,539.26. Following the completion of the sale, the chief executive officer directly owned 2,333,193 shares in the company, valued at approximately $124,732,497.78. The trade was a 0.07% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 102,830 shares of company stock worth $5,602,913. 0.72% of the stock is owned by insiders.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the stock. Zacks Research downgraded shares of EQT from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. Capital One Financial raised their target price on shares of EQT from $64.00 to $68.00 and gave the stock an “overweight” rating in a report on Tuesday, April 28th. Wells Fargo & Company upped their price target on shares of EQT from $70.00 to $79.00 and gave the company an “overweight” rating in a report on Thursday, April 23rd. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $69.00 price target on shares of EQT in a research report on Wednesday, April 15th. Finally, Wolfe Research lifted their price objective on EQT from $64.00 to $69.00 and gave the company an “outperform” rating in a research note on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, EQT has a consensus rating of “Moderate Buy” and a consensus target price of $68.29.
Check Out Our Latest Stock Analysis on EQT
About Representative Kean
Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.
Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.
Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.
About EQT
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.
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