EQT Corporation (NYSE:EQT) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of EQT Corporation (NYSE:EQT) have been given a consensus recommendation of “Moderate Buy” by the twenty-eight ratings firms that are covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation, twenty have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12-month target price among brokers that have covered the stock in the last year is $68.8333.

Several equities research analysts have weighed in on EQT shares. Capital One Financial upped their target price on EQT from $64.00 to $68.00 and gave the stock an “overweight” rating in a report on Tuesday, April 28th. Wolfe Research lifted their price objective on EQT from $64.00 to $69.00 and gave the company an “outperform” rating in a report on Monday, April 6th. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $69.00 price objective on shares of EQT in a research note on Wednesday, April 15th. BMO Capital Markets dropped their target price on shares of EQT from $76.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday, May 13th. Finally, The Goldman Sachs Group reduced their price target on shares of EQT from $68.00 to $65.00 and set a “buy” rating for the company in a report on Wednesday, April 15th.

Key Headlines Impacting EQT

Here are the key news stories impacting EQT this week:

• Positive Sentiment: EQT agreed to acquire Intertek in a major cash transaction, a move that could reshape the company’s business mix and signals management’s confidence in deploying capital aggressively. Intertek to quit FTSE 100 after agreeing £11bn EQT takeover
• Positive Sentiment: EQT is also reported to be acquiring Exolaunch, expanding into satellite deployment and launch mission management, which suggests continued portfolio diversification and growth-oriented investing. EQT to acquire Exolaunch
• Positive Sentiment: Analyst-style coverage remains constructive, with one article highlighting EQT as a strong growth stock and another noting that analysts are optimistic about its outlook. Here’s Why EQT Corporation (EQT) is a Strong Growth Stock
• Neutral Sentiment: EQT reportedly exited its remaining stake in Beijer Ref, which may be seen as a routine portfolio cleanup rather than a direct operating catalyst. EQT exits remaining stake in Beijer Ref
• Neutral Sentiment: Additional coverage compared EQT with other energy stocks and reviewed its relative performance, but these articles do not appear to add a fresh fundamental catalyst. EQT vs. Occidental Petroleum: Which Energy Stock Is a Better Buy in 2026?

EQT Trading Up 0.0%

EQT stock opened at $50.74 on Wednesday. The firm has a fifty day moving average price of $56.07 and a 200 day moving average price of $57.25. EQT has a fifty-two week low of $48.47 and a fifty-two week high of $68.24. The firm has a market cap of $31.74 billion, a PE ratio of 9.63 and a beta of 0.55. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.66 and a current ratio of 0.66.

EQT (NYSE:EQT) last issued its quarterly earnings results on Tuesday, April 21st. The oil and gas producer reported $2.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.01 by $0.32. EQT had a return on equity of 9.74% and a net margin of 31.94%.The company had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.14 billion. During the same period last year, the company earned $1.18 earnings per share. Sell-side analysts anticipate that EQT will post 4.7 earnings per share for the current fiscal year.

EQT Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Wednesday, May 6th were given a dividend of $0.165 per share. This represents a $0.66 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, May 6th. EQT’s dividend payout ratio is presently 12.52%.

Insider Activity at EQT

In other EQT news, Director Vicky A. Bailey sold 4,116 shares of the company’s stock in a transaction that occurred on Monday, April 27th. The shares were sold at an average price of $59.80, for a total transaction of $246,136.80. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Toby Z. Rice sold 1,731 shares of the stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $53.46, for a total value of $92,539.26. Following the completion of the transaction, the chief executive officer directly owned 2,333,193 shares in the company, valued at $124,732,497.78. This represents a 0.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 102,830 shares of company stock valued at $5,602,913. 0.72% of the stock is owned by insiders.

Hedge Funds Weigh In On EQT

A number of institutional investors have recently bought and sold shares of EQT. Caxton Associates LLP purchased a new position in shares of EQT during the 1st quarter valued at approximately $256,000. Focus Partners Wealth grew its position in shares of EQT by 9.0% during the 1st quarter. Focus Partners Wealth now owns 21,637 shares of the oil and gas producer’s stock valued at $1,156,000 after acquiring an additional 1,789 shares during the period. BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of EQT by 495.2% in the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 128,060 shares of the oil and gas producer’s stock valued at $7,468,000 after purchasing an additional 106,545 shares in the last quarter. Captrust Financial Advisors increased its stake in shares of EQT by 39.4% in the 2nd quarter. Captrust Financial Advisors now owns 30,617 shares of the oil and gas producer’s stock valued at $1,786,000 after purchasing an additional 8,658 shares in the last quarter. Finally, Rossby Financial LCC raised its holdings in EQT by 5.2% in the 3rd quarter. Rossby Financial LCC now owns 21,375 shares of the oil and gas producer’s stock worth $1,200,000 after purchasing an additional 1,047 shares during the period. 90.81% of the stock is owned by hedge funds and other institutional investors.

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.