William Blair Comments on EQT’s Q3 Earnings (NYSE:EQT)

EQT Corporation (NYSE:EQT) – Investment analysts at William Blair decreased their Q3 2025 earnings per share (EPS) estimates for EQT in a report released on Tuesday, October 21st. William Blair analyst N. Dingmann now anticipates that the oil and gas producer will post earnings per share of $0.36 for the quarter, down from their prior forecast of $0.64. William Blair currently has a “Outperform” rating on the stock. The consensus estimate for EQT’s current full-year earnings is $3.27 per share.

EQT (NYSE:EQT) last posted its quarterly earnings data on Tuesday, October 21st. The oil and gas producer reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.02. The company had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.78 billion. EQT had a return on equity of 7.04% and a net margin of 22.59%.The firm’s quarterly revenue was up 52.6% on a year-over-year basis. During the same quarter last year, the company earned $0.12 earnings per share.

EQT has been the subject of several other research reports. Morgan Stanley reissued an “overweight” rating on shares of EQT in a research note on Tuesday, July 15th. Barclays dropped their price objective on EQT from $68.00 to $67.00 and set an “overweight” rating for the company in a research note on Tuesday, October 7th. Jefferies Financial Group dropped their price objective on EQT from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Thursday, October 2nd. Citigroup lifted their price objective on EQT from $60.00 to $63.00 and gave the company a “buy” rating in a research note on Tuesday, September 23rd. Finally, Roth Capital lowered EQT from a “strong-buy” rating to a “neutral” rating and dropped their price objective for the company from $75.00 to $57.00 in a research note on Monday, August 18th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $63.39.

EQT Price Performance

NYSE:EQT opened at $53.60 on Thursday. The firm has a market capitalization of $33.45 billion, a price-to-earnings ratio of 18.36, a P/E/G ratio of 0.47 and a beta of 0.50. EQT has a 52-week low of $35.44 and a 52-week high of $61.02. The stock has a fifty day moving average of $52.72 and a 200 day moving average of $53.60. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.71 and a current ratio of 0.71.

Institutional Investors Weigh In On EQT

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Adams Natural Resources Fund Inc. lifted its stake in shares of EQT by 97.1% in the 3rd quarter. Adams Natural Resources Fund Inc. now owns 220,500 shares of the oil and gas producer’s stock valued at $12,002,000 after acquiring an additional 108,600 shares during the last quarter. Fifth Third Wealth Advisors LLC lifted its stake in shares of EQT by 35.8% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 28,818 shares of the oil and gas producer’s stock valued at $1,569,000 after acquiring an additional 7,594 shares during the last quarter. First American Bank bought a new stake in shares of EQT in the 3rd quarter valued at about $1,915,000. Anchor Investment Management LLC lifted its stake in shares of EQT by 133.3% in the 2nd quarter. Anchor Investment Management LLC now owns 875 shares of the oil and gas producer’s stock valued at $51,000 after acquiring an additional 500 shares during the last quarter. Finally, Captrust Financial Advisors lifted its stake in shares of EQT by 39.4% in the 2nd quarter. Captrust Financial Advisors now owns 30,617 shares of the oil and gas producer’s stock valued at $1,786,000 after acquiring an additional 8,658 shares during the last quarter. Institutional investors own 90.81% of the company’s stock.

Insider Buying and Selling

In other news, EVP Sarah Fenton sold 12,438 shares of the business’s stock in a transaction dated Friday, July 25th. The stock was sold at an average price of $51.94, for a total value of $646,029.72. Following the completion of the sale, the executive vice president owned 13,297 shares of the company’s stock, valued at approximately $690,646.18. The trade was a 48.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Vicky A. Bailey sold 4,259 shares of the business’s stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $51.56, for a total value of $219,594.04. The disclosure for this sale can be found here. Insiders own 0.65% of the company’s stock.

EQT Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Wednesday, November 5th will be given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Wednesday, November 5th. This is a positive change from EQT’s previous quarterly dividend of $0.16. EQT’s dividend payout ratio is presently 34.05%.

EQT Company Profile

EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services.