Rothschild Investment LLC Has $2.13 Million Position in EQT Co. (NYSE:EQT)

Rothschild Investment LLC lifted its holdings in EQT Co. (NYSE:EQT) by 1.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 46,246 shares of the oil and gas producer’s stock after buying an additional 777 shares during the quarter. Rothschild Investment LLC’s holdings in EQT were worth $2,132,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. HM Payson & Co. bought a new position in EQT in the third quarter valued at approximately $25,000. Truvestments Capital LLC bought a new stake in shares of EQT in the third quarter valued at approximately $30,000. Quarry LP increased its position in shares of EQT by 184.7% in the third quarter. Quarry LP now owns 891 shares of the oil and gas producer’s stock worth $33,000 after purchasing an additional 578 shares during the period. Brown Brothers Harriman & Co. bought a new stake in shares of EQT during the 3rd quarter worth approximately $36,000. Finally, Financial Avengers Inc. boosted its holdings in shares of EQT by 100.8% in the 3rd quarter. Financial Avengers Inc. now owns 1,004 shares of the oil and gas producer’s stock valued at $37,000 after purchasing an additional 504 shares in the last quarter. Institutional investors own 90.81% of the company’s stock.

Insider Activity at EQT

In other news, Director Thomas F. Karam sold 30,154 shares of EQT stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $44.83, for a total value of $1,351,803.82. Following the sale, the director now directly owns 201,608 shares in the company, valued at approximately $9,038,086.64. This trade represents a 13.01 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.63% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. StockNews.com raised EQT to a “sell” rating in a report on Saturday, February 8th. Morgan Stanley boosted their price target on EQT from $45.00 to $56.00 and gave the company an “overweight” rating in a research note on Monday, November 25th. Truist Financial boosted their target price on EQT from $41.00 to $56.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. Mizuho raised shares of EQT from a “neutral” rating to an “outperform” rating and boosted their price target for the stock from $48.00 to $57.00 in a research note on Monday, December 16th. Finally, Wells Fargo & Company lifted their price objective on shares of EQT from $52.00 to $53.00 and gave the stock an “overweight” rating in a report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $52.17.

EQT Price Performance

Shares of EQT stock opened at $50.02 on Tuesday. The stock has a market capitalization of $29.88 billion, a P/E ratio of 125.04, a price-to-earnings-growth ratio of 0.64 and a beta of 1.08. EQT Co. has a one year low of $30.02 and a one year high of $56.66. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.70 and a quick ratio of 0.51. The business’s 50 day simple moving average is $49.77 and its two-hundred day simple moving average is $42.01.

EQT (NYSE:EQT) last posted its quarterly earnings results on Tuesday, February 18th. The oil and gas producer reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.50 by $0.19. The company had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.81 billion. EQT had a net margin of 4.37% and a return on equity of 4.35%. Analysts forecast that EQT Co. will post 3.27 EPS for the current year.

EQT Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 3rd. Investors of record on Tuesday, February 18th will be paid a $0.1575 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a $0.63 annualized dividend and a dividend yield of 1.26%. EQT’s payout ratio is presently 157.50%.

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.