EQT (NYSE:EQT) Upgraded by TD Securities to Strong-Buy Rating

EQT (NYSE:EQT) was upgraded by stock analysts at TD Securities to a “strong-buy” rating in a note issued to investors on Friday,Zacks.com reports.

A number of other equities research analysts have also recently issued reports on the company. Capital One Financial boosted their price objective on EQT from $52.00 to $55.00 and gave the stock an “overweight” rating in a report on Thursday, January 22nd. TD Cowen boosted their price target on EQT from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Friday. Barclays decreased their price objective on EQT from $67.00 to $64.00 and set an “overweight” rating on the stock in a report on Wednesday, January 21st. Wall Street Zen raised EQT from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. Finally, Wells Fargo & Company decreased their price target on shares of EQT from $68.00 to $66.00 and set an “overweight” rating on the stock in a research note on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.09.

EQT Price Performance

NYSE:EQT opened at $60.49 on Friday. The company has a market cap of $37.76 billion, a P/E ratio of 18.27, a P/E/G ratio of 0.47 and a beta of 0.74. The firm’s fifty day moving average price is $54.68 and its two-hundred day moving average price is $54.55. EQT has a one year low of $43.57 and a one year high of $62.23. The company has a debt-to-equity ratio of 0.27, a current ratio of 0.76 and a quick ratio of 0.58.

EQT (NYSE:EQT) last announced its earnings results on Tuesday, February 17th. The oil and gas producer reported $0.90 EPS for the quarter, topping the consensus estimate of $0.73 by $0.17. EQT had a net margin of 23.59% and a return on equity of 7.25%. The business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2.13 billion. During the same quarter in the previous year, the firm posted $0.69 EPS. EQT’s revenue was up 24.8% compared to the same quarter last year. Equities analysts expect that EQT will post 3.27 earnings per share for the current year.

Hedge Funds Weigh In On EQT

Hedge funds and other institutional investors have recently made changes to their positions in the company. Captrust Financial Advisors boosted its position in shares of EQT by 104.4% during the 4th quarter. Captrust Financial Advisors now owns 40,787 shares of the oil and gas producer’s stock worth $2,186,000 after acquiring an additional 20,828 shares in the last quarter. Adalta Capital Management LLC lifted its stake in EQT by 23.2% during the fourth quarter. Adalta Capital Management LLC now owns 13,920 shares of the oil and gas producer’s stock worth $746,000 after purchasing an additional 2,620 shares during the last quarter. Adams Natural Resources Fund Inc. boosted its holdings in shares of EQT by 19.1% in the 4th quarter. Adams Natural Resources Fund Inc. now owns 262,600 shares of the oil and gas producer’s stock valued at $14,075,000 after purchasing an additional 42,100 shares in the last quarter. Beck Capital Management LLC increased its stake in shares of EQT by 0.7% in the 4th quarter. Beck Capital Management LLC now owns 119,508 shares of the oil and gas producer’s stock valued at $6,406,000 after purchasing an additional 775 shares during the last quarter. Finally, Motley Fool Asset Management LLC raised its holdings in shares of EQT by 9.0% during the 4th quarter. Motley Fool Asset Management LLC now owns 11,075 shares of the oil and gas producer’s stock worth $594,000 after buying an additional 918 shares in the last quarter. 90.81% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting EQT

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Q4 earnings beat and operational drivers — EQT reported quarterly results that topped EPS expectations, driven by higher realized gas-equivalent prices and stronger sales volumes, which underpinned the earnings beat. Article Title
• Positive Sentiment: Large free cash flow and upgraded 2026 outlook — Management highlighted roughly $750M of Q4 free cash flow and raised 2026 production guidance while increasing its ownership in the Mountain Valley Pipeline to about 53%, signaling more control of midstream capacity and flexibility to fund buybacks, debt paydown or reinvestment. Article Title Article Title
• Positive Sentiment: Analyst upgrades lift sentiment — TD Cowen raised its target to $70 (buy) and JPMorgan lifted its target to $68 (overweight), both citing the company’s improved cash profile and outlook, which supports upside from current trading levels. TD Cowen Article JPMorgan Article
• Neutral Sentiment: CEO starts nonprofit with the Rockefellers — Toby Rice is launching a nonprofit to address energy access in low-income countries; positive for ESG/brand but unlikely to move fundamentals near-term. Article Title
• Neutral Sentiment: Call transcripts and summaries available — Full earnings call transcript and third‑party summaries provide more detail on capital allocation, production plans and commodity sensitivities for investors doing deeper due diligence. Call Transcript Earnings Summary
• Neutral Sentiment: Analyst/industry takeaways — Independent pieces (e.g., Seeking Alpha) are highlighting the strategic implications of the company’s “2x” production ambitions; useful for medium-term thesis but not an immediate catalyst. Seeking Alpha

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.