EQT (NYSE:EQT) Sets New 1-Year High – Should You Buy?

EQT Corporation (NYSE:EQT) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as $67.26 and last traded at $66.4580, with a volume of 1184169 shares changing hands. The stock had previously closed at $65.23.

EQT News Summary

Here are the key news stories impacting EQT this week:

• Positive Sentiment: EQT announced early results and an upsizing of its previously announced tender offer, raising the maximum purchase amount from $1.15B to $1.4B and increasing the capacity to repurchase certain 2029 notes from $750M to $1.0B — a move that should reduce outstanding debt and future interest expense, improving leverage and credit optionality. EQT Announces Early Results and Upsizing of its Tender Offer for Certain Senior Notes
• Positive Sentiment: Truist initiated coverage on EQT with a Buy rating and a $74 price target (~mid-teens upside from current levels), which can attract momentum buying and supports investor sentiment that the shares have room to run.
• Positive Sentiment: Bernstein reiterated its Buy rating on EQT, reinforcing sell‑side conviction and providing additional analyst support for the rally. Bernstein Sticks to Its Buy Rating for EQT (EQT)
• Positive Sentiment: CEO Toby Rice publicly noted that U.S. LNG will play a larger role for the company, highlighting potential long‑term demand and project optionality that could support higher realizations and strategic growth. EQT CEO Toby Rice: US LNG will play a larger role
• Neutral Sentiment: Piper Sandler assigned a Hold on EQT, a more cautious stance that could cap near-term upside for some investors who follow their coverage. EQT (EQT) Gets a Hold from Piper Sandler
• Neutral Sentiment: Market commentary highlights that EQT has recently outperformed the Nasdaq and that momentum is building; useful for sentiment but less concrete than corporate actions or analyst upgrades. Is EQT Stock Outperforming the Nasdaq?
• Neutral Sentiment: Speculative pieces projecting higher long-term price targets (e.g., $100) are circulating and can fuel bullish narratives, but they are not primary drivers versus tangible items like the tender offer and analyst coverage. EQT Corporation Sets Sights on $100 as Momentum Builds

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on EQT shares. Wells Fargo & Company boosted their price objective on shares of EQT from $66.00 to $70.00 and gave the stock an “overweight” rating in a research report on Friday, February 20th. Siebert Williams Shank lifted their target price on EQT from $59.00 to $62.00 and gave the company a “hold” rating in a research note on Monday, January 26th. Scotiabank dropped their target price on EQT from $67.00 to $63.00 and set a “sector perform” rating for the company in a research report on Wednesday, January 21st. JPMorgan Chase & Co. upped their price target on EQT from $68.00 to $72.00 and gave the company an “overweight” rating in a research note on Tuesday, March 17th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of EQT in a report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $66.70.

EQT Stock Up 1.1%

The business has a fifty day moving average of $58.34 and a 200 day moving average of $56.16. The firm has a market cap of $41.21 billion, a P/E ratio of 19.92, a P/E/G ratio of 0.43 and a beta of 0.72. 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 (NYSE:EQT) last issued its earnings results on Tuesday, February 17th. The oil and gas producer reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.14. The firm had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.13 billion. EQT had a return on equity of 7.25% and a net margin of 23.59%.The company’s revenue was up 24.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.69 earnings per share. On average, equities research analysts predict that EQT Corporation will post 3.27 EPS for the current year.

EQT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Tuesday, February 17th were given a $0.165 dividend. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Tuesday, February 17th. EQT’s dividend payout ratio (DPR) is currently 19.94%.

Insider Buying and Selling

In related news, EVP Sarah Fenton sold 4,876 shares of EQT stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $64.49, for a total transaction of $314,453.24. Following the transaction, the executive vice president owned 52,953 shares of the company’s stock, valued at $3,414,938.97. This trade represents a 8.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Todd James sold 32,514 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $61.12, for a total transaction of $1,987,255.68. Following the completion of the sale, the chief accounting officer directly owned 58,796 shares of the company’s stock, valued at $3,593,611.52. The trade was a 35.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 61,158 shares of company stock valued at $3,742,983 in the last 90 days. 0.72% of the stock is owned by insiders.

Hedge Funds Weigh In On EQT

Several institutional investors and hedge funds have recently made changes to their positions in the company. Westpac Banking Corp increased its position in shares of EQT by 6.6% in the 3rd quarter. Westpac Banking Corp now owns 2,671 shares of the oil and gas producer’s stock valued at $145,000 after buying an additional 165 shares in the last quarter. Parallel Advisors LLC lifted its holdings in EQT by 1.0% during the fourth quarter. Parallel Advisors LLC now owns 19,075 shares of the oil and gas producer’s stock worth $1,022,000 after acquiring an additional 198 shares in the last quarter. Rothschild Investment LLC grew its stake in EQT by 0.5% in the fourth quarter. Rothschild Investment LLC now owns 46,582 shares of the oil and gas producer’s stock valued at $2,497,000 after acquiring an additional 215 shares during the period. Fortitude Family Office LLC grew its stake in EQT by 95.6% in the fourth quarter. Fortitude Family Office LLC now owns 573 shares of the oil and gas producer’s stock valued at $31,000 after acquiring an additional 280 shares during the period. Finally, Valeo Financial Advisors LLC increased its holdings in shares of EQT by 4.0% in the fourth quarter. Valeo Financial Advisors LLC now owns 11,813 shares of the oil and gas producer’s stock worth $633,000 after acquiring an additional 456 shares in the last quarter. Institutional investors and hedge funds own 90.81% of the company’s stock.

About EQT

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.