EQT (NYSE:EQT) Price Target Raised to $58.00

EQT (NYSE:EQT) had its price target lifted by Capital One Financial from $55.00 to $58.00 in a report published on Tuesday,MarketScreener reports. Capital One Financial currently has an overweight rating on the oil and gas producer’s stock.

Several other equities research analysts have also recently weighed in on the company. The Goldman Sachs Group cut their target price on EQT from $70.00 to $66.00 and set a “buy” rating for the company in a research note on Thursday, January 22nd. Wall Street Zen upgraded EQT from a “sell” rating to a “hold” rating in a research report on Saturday, November 15th. Scotiabank reduced their price objective on EQT from $67.00 to $63.00 and set a “sector perform” rating on the stock in a research note on Wednesday, January 21st. Weiss Ratings reissued a “buy (b-)” rating on shares of EQT in a research note on Monday, December 29th. Finally, Barclays raised their price target on shares of EQT from $64.00 to $67.00 and gave the company an “overweight” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $65.55.

EQT Trading Up 0.6%

EQT opened at $59.74 on Tuesday. The stock has a market capitalization of $37.29 billion, a price-to-earnings ratio of 18.05, a P/E/G ratio of 0.40 and a beta of 0.74. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.27. EQT has a twelve month low of $43.57 and a twelve month high of $62.23. The company has a 50-day simple moving average of $55.08 and a 200 day simple moving average of $54.76.

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

EQT Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 2nd. Stockholders of record on Tuesday, February 17th will be paid a dividend of $0.165 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $0.66 annualized dividend and a dividend yield of 1.1%. EQT’s dividend payout ratio (DPR) is presently 19.94%.

Insider Buying and Selling at EQT

In related news, EVP Sarah Fenton sold 3,768 shares of the stock in a transaction on Friday, February 20th. The stock was 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 directly 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Todd James sold 32,514 shares of EQT stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $61.12, for a total value of $1,987,255.68. Following the transaction, the chief accounting officer directly owned 58,796 shares in the company, valued at $3,593,611.52. The trade was a 35.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.65% of the company’s stock.

Institutional Trading of EQT

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EQT. Greykasell Wealth Strategies Inc. acquired a new position in shares of EQT in the 4th quarter worth approximately $26,000. Aventura Private Wealth LLC bought a new position in shares of EQT in the 4th quarter worth about $31,000. Fortitude Family Office LLC lifted its stake in shares of 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. Twin Peaks Wealth Advisors LLC acquired a new position in shares of EQT in the 2nd quarter valued at about $41,000. Finally, Elyxium Wealth LLC bought a new stake in shares of EQT during the 4th quarter valued at about $49,000. Institutional investors and hedge funds own 90.81% of the company’s stock.

EQT News Roundup

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Q4 earnings beat and dividend — EQT reported stronger-than-expected EPS and announced a quarterly dividend (annualized $0.66). The results and cash-return signal support near-term valuation and income investor interest. MarketBeat EQT Coverage
• Positive Sentiment: Analyst upgrades and higher targets — Multiple firms (e.g., TD Cowen, Capital One adjustments noted in recent coverage) have raised price targets or ratings, lifting sentiment and providing upward catalyst for the stock. Capital One Forecast
• Positive Sentiment: Long-term value narrative — Articles highlighting EQT as a value/natural-gas play and showing multi-year investor returns add retail/long-term interest (style-score and performance stories). Zacks: Value Stock Benzinga: 5‑Year Return
• Neutral Sentiment: Institutional positioning — Recent filings show modest new stakes and portfolio moves; 90%+ institutional ownership suggests moves by large holders will matter more than retail flows. MarketBeat: Institutional Changes
• Negative Sentiment: Insider selling — Multiple officers (CAO Todd James, EVP Sarah Fenton) sold shares totaling millions of dollars in late Feb; large insider sales can weigh on sentiment even if for diversification or tax reasons. InsiderTrades: CAO Sale
• Negative Sentiment: Abandoned Oxford Biomedica bid — EQT walked away from its proposed takeover of Oxford Biomedica after proposals were rejected; loss of potential M&A growth or diversification could be viewed negatively by some investors. Reuters: Withdrawal of Bid

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.