Stephens Has Lowered Expectations for EQT (NYSE:EQT) Stock Price

EQT (NYSE:EQT) had its price objective decreased by Stephens from $69.00 to $68.00 in a research report issued to clients and investors on Thursday,MarketScreener reports. The brokerage currently has an “overweight” rating on the oil and gas producer’s stock. Stephens’ price target would suggest a potential upside of 25.19% from the stock’s previous close.

A number of other brokerages have also issued reports on EQT. Piper Sandler increased their target price on EQT from $49.00 to $50.00 and gave the company a “neutral” rating in a research report on Tuesday, November 18th. Capital One Financial lifted their target price on shares of EQT from $52.00 to $55.00 and gave the company an “overweight” rating in a research report on Thursday. Jefferies Financial Group restated a “buy” rating on shares of EQT in a research report on Sunday. Scotiabank lowered their price objective on EQT from $67.00 to $63.00 and set a “sector perform” rating on the stock in a report on Wednesday. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of EQT in a research note on Monday, December 29th. Nineteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $63.86.

EQT Trading Down 0.9%

EQT stock opened at $54.32 on Thursday. EQT has a 52-week low of $43.57 and a 52-week high of $62.23. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.29. The firm has a market cap of $33.90 billion, a P/E ratio of 18.57, a PEG ratio of 0.39 and a beta of 0.68. The company’s 50-day simple moving average is $55.52 and its 200-day simple moving average is $54.25.

EQT (NYSE:EQT) last released its quarterly earnings results on Tuesday, October 21st. The oil and gas producer reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.50 by $0.02. EQT had a return on equity of 6.88% and a net margin of 22.59%.The company had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.78 billion. During the same quarter in the prior year, the firm posted $0.12 EPS. EQT’s quarterly revenue was up 52.6% compared to the same quarter last year. As a group, equities analysts forecast that EQT will post 3.27 EPS for the current fiscal year.

Insiders Place Their Bets

In other EQT news, EVP J.E.B. Bolen sold 1,422 shares of the company’s stock in a transaction on Tuesday, October 28th. The stock was sold at an average price of $52.79, for a total value of $75,067.38. Following the completion of the sale, the executive vice president directly owned 69,486 shares in the company, valued at $3,668,165.94. This represents a 2.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.65% of the company’s stock.

Institutional Investors Weigh In On EQT

Hedge funds and other institutional investors have recently bought and sold shares of the company. Caxton Associates LLP purchased a new stake in shares of EQT during the 1st quarter valued at approximately $256,000. Focus Partners Wealth raised its position in EQT by 9.0% in the first quarter. Focus Partners Wealth now owns 21,637 shares of the oil and gas producer’s stock valued at $1,156,000 after purchasing an additional 1,789 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of EQT by 6.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 9,076 shares of the oil and gas producer’s stock valued at $529,000 after purchasing an additional 554 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of EQT by 6.1% during the 2nd quarter. GAMMA Investing LLC now owns 12,675 shares of the oil and gas producer’s stock worth $739,000 after purchasing an additional 725 shares during the period. Finally, AdvisorNet Financial Inc increased its position in shares of EQT by 479.5% during the 2nd quarter. AdvisorNet Financial Inc now owns 2,179 shares of the oil and gas producer’s stock worth $127,000 after purchasing an additional 1,803 shares during the last quarter. 90.81% of the stock is currently owned by institutional investors and hedge funds.

EQT News Roundup

Here are the key news stories impacting EQT this week:

• Positive Sentiment: EQT announced a planned acquisition of private?equity firm Coller Capital for up to about $3.7 billion, a deal EQT says could roughly double Coller’s business within four years — a strategic move to expand fee?based earnings and diversify revenue away from pure upstream production. WSJ: EQT to Acquire Coller Capital
• Positive Sentiment: FY2025 results topped expectations on adjusted profit and management highlighted the Coller transaction; the combination of the earnings beat and the deal press release appears to be driving near?term investor enthusiasm. Investing.com: EQT shares rise after FY25 beat and Coller deal
• Positive Sentiment: Street momentum: a published “buy” recommendation and related coverage flagged as driving intraday buying, contributing to the recent multi?day rally. This appears to have amplified reaction to the earnings and deal news. Yahoo Finance: EQT Soars on Buy Reco
• Positive Sentiment: Ongoing venture and buyout activity — EQT co?led a Series B for Exciva and is rolling venture stakes into a new fund — signals active deal flow that supports fee income and longer?term growth opportunities. PharmiWeb: Exciva funding co-led by EQT
• Neutral Sentiment: EQT is reported competing with peers for other specialty assets (e.g., an Encube stake) — deal activity can be accretive but also competitive and price?sensitive. MSN: EQT competing to buy Encube stake
• Neutral Sentiment: Several bullish media pieces are pitching EQT as a buy on valuation and long?term natural gas exposure — these can attract retail interest but are less likely to drive large institutional flows on their own. 247WallSt: Bullish take on EQT
• Negative Sentiment: Two brokers trimmed price targets (Scotiabank lowered to $63; Barclays to $64 from $67), which may cap upside from some institutional holders despite maintaining neutral/overweight views. MarketScreener: Scotiabank PT change

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.