Equinor ASA (NYSE:EQNR) Cut to “Hold” at DZ Bank

Equinor ASA (NYSE:EQNR) was downgraded by analysts at DZ Bank from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, MarketBeat Ratings reports.

A number of other analysts also recently issued reports on the stock. Royal Bank Of Canada upgraded shares of Equinor ASA from an “underperform” rating to a “sector perform” rating in a report on Thursday, July 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Equinor ASA in a report on Wednesday, October 21st. Zacks Research upgraded Equinor ASA from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 25th. Wall Street Zen cut shares of Equinor ASA from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, SEB Equity Research reaffirmed a “sell” rating on shares of Equinor ASA in a research note on Friday, October 2nd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, Equinor ASA currently has an average rating of “Hold” and a consensus price target of $43.47.

Equinor ASA Stock Up 0.6%

Shares of NYSE EQNR traded up $0.28 during mid-day trading on Wednesday, reaching $47.34. The company had a trading volume of 524,358 shares, compared to its average volume of 5,071,930. Equinor ASA has a one year low of $22.26 and a one year high of $49.08. The business’s 50-day simple moving average is $43.69 and its 200 day simple moving average is $37.07.

Equinor ASA (NYSE:EQNR) last released its earnings results on Tuesday, October 27th. The company reported $1.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.18). The business had revenue of $32.96 billion during the quarter, compared to analysts’ expectations of $33.30 billion. Sell-side analysts forecast that Equinor ASA will post 5.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Sage Rhino Capital LLC purchased a new position in shares of Equinor ASA in the 3rd quarter valued at $207,000. Financial Network Wealth Advisors LLC grew its holdings in Equinor ASA by 93.1% during the third quarter. Financial Network Wealth Advisors LLC now owns 840 shares of the company’s stock worth $35,000 after acquiring an additional 405 shares during the period. DMC Group LLC purchased a new stake in shares of Equinor ASA during the 3rd quarter worth $689,000. Park Avenue Securities LLC raised its holdings in Equinor ASA by 2.7% during the third quarter. Park Avenue Securities LLC now owns 9,341 shares of the company’s stock worth $389,000 after purchasing an additional 249 shares during the last quarter. Finally, Brucke Financial Inc. purchased a new position in Equinor ASA during the 3rd quarter valued at about $238,000. Institutional investors and hedge funds own 5.51% of the company’s stock.

Key Stories Impacting Equinor ASA

Here are the key news stories impacting Equinor ASA this week:

• Positive Sentiment: Equinor raised its full-year 2026 oil and gas production-growth outlook to approximately 4%, from 3% previously, signaling stronger expected volumes. Profit reportedly reached a nearly four-year high as disrupted energy markets supported results. Equinor raises production outlook as profit hits nearly four-year high
• Positive Sentiment: Third-quarter adjusted operating income was $12.35 billion, while adjusted net income reached $2.86 billion. Net income was $2.54 billion, reflecting strong underlying performance despite the EPS shortfall. Equinor third quarter 2026 results
• Positive Sentiment: Equinor will begin the fourth tranche of its 2026 share-buyback program on October 29. Continued repurchases can reduce share count and support per-share value. Equinor to commence fourth tranche of the 2026 share buy-back programme
• Positive Sentiment: The company declared a quarterly cash dividend of $0.39 per share, reinforcing its shareholder-return strategy. Equinor cash dividend information
• Positive Sentiment: Renewable power generation increased 26% year over year in the third quarter, highlighting progress in Equinor’s energy-transition portfolio. Equinor reports 26% rise in Q3 renewable generation
• Negative Sentiment: Adjusted EPS was $1.20, below the $1.38 analyst consensus, and revenue of $32.96 billion also missed the $33.30 billion estimate. The earnings miss may offset some of the benefit from higher production guidance and strong absolute profits. Equinor quarterly earnings report

About Equinor ASA

Equinor ASA is a Norwegian energy company headquartered in Stavanger, Norway. Founded in 1972 as Den norske stats oljeselskap, the company was later known as Statoil and StatoilHydro before adopting the Equinor name in 2018. The Norwegian state remains its largest shareholder.

Equinor’s core business is the exploration, development, production and marketing of oil and natural gas, with Norway’s continental shelf serving as its principal operating area. The company also processes and markets energy products and supplies natural gas and crude oil to customers in Europe and other international markets.

In addition to its oil and gas operations, Equinor is developing lower-carbon energy businesses, including offshore wind, solar power, carbon capture and storage, and other renewable energy projects.