EQT (EQT) – Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for EQT (NYSE: EQT):

• 1/31/2025 – EQT was upgraded by analysts at StockNews.com to a “sell” rating.
• 1/29/2025 – EQT had its price target raised by analysts at Piper Sandler from $34.00 to $35.00. They now have a “neutral” rating on the stock.
• 1/17/2025 – EQT was downgraded by analysts at Scotiabank from a “sector outperform” rating to a “sector perform” rating. They now have a $54.00 price target on the stock, down previously from $55.00.
• 1/15/2025 – EQT was upgraded by analysts at Sanford C. Bernstein from a “market perform” rating to an “outperform” rating. They now have a $73.00 price target on the stock.
• 1/13/2025 – EQT had its price target raised by analysts at Truist Financial Co. from $41.00 to $56.00. They now have a “hold” rating on the stock.
• 1/8/2025 – EQT had its price target raised by analysts at Wells Fargo & Company from $52.00 to $53.00. They now have an “overweight” rating on the stock.
• 1/6/2025 – EQT had its “sector perform” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $49.00 price target on the stock.
• 1/3/2025 – EQT had its price target raised by analysts at JPMorgan Chase & Co. from $50.00 to $53.00. They now have an “overweight” rating on the stock.
• 1/3/2025 – EQT had its price target raised by analysts at Jefferies Financial Group Inc. from $45.00 to $55.00. They now have a “buy” rating on the stock.
• 12/30/2024 – EQT was upgraded by analysts at StockNews.com to a “sell” rating.
• 12/16/2024 – EQT was upgraded by analysts at Mizuho from a “neutral” rating to an “outperform” rating. They now have a $57.00 price target on the stock, up previously from $48.00.

EQT Stock Performance

NYSE EQT traded up $0.34 on Wednesday, reaching $52.49. The stock had a trading volume of 916,654 shares, compared to its average volume of 7,970,715. The stock has a market cap of $31.32 billion, a P/E ratio of 62.49, a price-to-earnings-growth ratio of 0.62 and a beta of 1.08. EQT Co. has a 12-month low of $30.02 and a 12-month high of $54.85. The business’s 50-day moving average price is $47.57 and its 200 day moving average price is $40.11. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.51 and a current ratio of 0.51.

Insider Activity at EQT

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. HM Payson & Co. bought a new position in EQT in the 3rd quarter worth approximately $25,000. Truvestments Capital LLC acquired a new stake in shares of EQT in the 3rd quarter worth approximately $30,000. Hexagon Capital Partners LLC boosted its stake in EQT by 18,080.0% during the 3rd quarter. Hexagon Capital Partners LLC now owns 909 shares of the oil and gas producer’s stock valued at $33,000 after purchasing an additional 904 shares in the last quarter. Quarry LP raised its position in 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 acquiring an additional 578 shares in the last quarter. Finally, Brown Brothers Harriman & Co. acquired a new stake in shares of EQT during the third quarter worth $36,000. 90.81% of the stock is currently owned by institutional investors.

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.