EQT Corporation $EQT Shares Bought by SG Americas Securities LLC

SG Americas Securities LLC increased its stake in EQT Corporation (NYSE:EQT) by 228.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 517,651 shares of the oil and gas producer’s stock after acquiring an additional 360,049 shares during the quarter. SG Americas Securities LLC owned approximately 0.08% of EQT worth $27,746,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Caxton Associates LLP acquired a new stake in EQT during the 1st quarter worth about $256,000. Focus Partners Wealth increased its position in shares of EQT by 9.0% in the first quarter. Focus Partners Wealth now owns 21,637 shares of the oil and gas producer’s stock worth $1,156,000 after acquiring an additional 1,789 shares in the last quarter. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of EQT during the second quarter valued at approximately $41,000. EverSource Wealth Advisors LLC lifted its position in shares of EQT by 302.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 6,709 shares of the oil and gas producer’s stock valued at $391,000 after acquiring an additional 5,042 shares in the last quarter. Finally, Crescent Grove Advisors LLC acquired a new position in EQT in the 2nd quarter worth approximately $273,000. 90.81% of the stock is owned by institutional investors and hedge funds.

Insider Activity at EQT

In other EQT news, EVP Sarah Fenton sold 4,876 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $64.49, for a total value of $314,453.24. Following the completion of the sale, the executive vice president owned 52,953 shares of the company’s stock, valued at $3,414,938.97. The trade was a 8.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Lesley Evancho sold 20,000 shares of the stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $60.69, for a total value of $1,213,800.00. Following the transaction, the insider directly owned 184,607 shares in the company, valued at approximately $11,203,798.83. This represents a 9.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 61,158 shares of company stock valued at $3,742,983. Insiders own 0.72% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on EQT. Capital One Financial boosted their target price on shares of EQT from $55.00 to $58.00 and gave the company an “overweight” rating in a research note on Tuesday, February 24th. TD Securities raised EQT to a “strong-buy” rating in a research note on Friday, February 20th. The Goldman Sachs Group lowered their target price on EQT from $70.00 to $66.00 and set a “buy” rating on the stock in a research note on Thursday, January 22nd. Wells Fargo & Company increased their price target 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. Finally, Zacks Research raised shares of EQT from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $66.70.

EQT Trading Down 1.5%

Shares of NYSE EQT opened at $66.91 on Friday. The stock has a market cap of $41.81 billion, a price-to-earnings ratio of 20.21, a PEG ratio of 1.28 and a beta of 0.72. The business has a 50 day simple moving average of $59.31 and a 200 day simple moving average of $56.41. EQT Corporation has a 52 week low of $43.57 and a 52 week high of $67.99. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.76 and a current ratio of 0.76.

EQT (NYSE:EQT) last issued its quarterly earnings data on Tuesday, February 17th. The oil and gas producer reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.14. The firm had revenue of $2.09 billion for the quarter, compared to analyst estimates of $2.13 billion. EQT had a net margin of 23.59% and a return on equity of 7.25%. The company’s revenue for the quarter was up 24.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.69 earnings per share. On average, research analysts predict that EQT Corporation will post 3.27 earnings per share for the current fiscal year.

EQT Announces Dividend

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

More EQT News

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Zacks upgraded EQT to a Strong Buy (added to Zacks Rank #1 momentum and income lists), boosting buy-side sentiment and short-term momentum expectations. Zacks Upgrade
• Positive Sentiment: Truist initiated coverage with a buy/strong-buy stance, providing another institutional vote of confidence that can support demand for the shares. Truist Coverage
• Positive Sentiment: EQT upsized a cash tender offer for certain senior notes to $1.4 billion (from $1.15B), signaling active debt reduction and balance-sheet management that investors typically view favorably for credit metrics and long-term value. Debt Tender Offer
• Neutral Sentiment: Real estate/asset interest: Ares is reported to be circling a $650M EQT industrial portfolio — this could mean asset sales or portfolio monetization, but details and direct proceeds impact for EQT Corporation are unclear. Ares Interest
• Neutral Sentiment: Several articles reference “EQT” (private equity firm) bidding for Vitabiotics alongside Bain and TPG — that EQT is a different firm (EQT AB) and is not EQT Corporation (energy). This can create headline confusion but shouldn’t directly affect EQT (NYSE:EQT). Vitabiotics Bids (different EQT)
• Negative Sentiment: Market/headline pressure: intraday weakness appears linked to broader energy-futures movement and profit-taking after a recent run (analyst upgrades and momentum may have already been priced in). Lower-than-average volume today suggests a pullback rather than a fundamental reversal. Market Trends

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.