Rep. Thomas H. Kean, Jr. Buys Shares of EQT Corporation (NYSE:EQT)

Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently bought shares of EQT Corporation (NYSE:EQT). In a filing disclosed on June 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in EQT stock on June 1st. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Check Point Software Technologies (NASDAQ:CHKP) on 6/1/2026.
• Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 4/29/2026.
• Sold $1,001 – $15,000 in shares of Take-Two Interactive Software (NASDAQ:TTWO) on 4/21/2026.
• Sold $1,001 – $15,000 in shares of nVent Electric (NYSE:NVT) on 4/15/2026.
• Purchased $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 4/14/2026.
• Sold $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 4/14/2026.
• Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 3/31/2026.
• Sold $15,001 – $50,000 in shares of S&P Global (NYSE:SPGI) on 3/26/2026.
• Sold $15,001 – $50,000 in shares of Chubb (NYSE:CB) on 3/26/2026.
• Sold $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 3/26/2026.

EQT Trading Down 0.3%

Shares of EQT stock traded down $0.18 on Thursday, hitting $51.30. The stock had a trading volume of 2,686,506 shares, compared to its average volume of 8,797,507. The stock has a 50 day moving average of $55.65 and a 200 day moving average of $57.08. EQT Corporation has a twelve month low of $48.47 and a twelve month high of $68.24. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.66 and a current ratio of 0.66. The firm has a market capitalization of $32.09 billion, a P/E ratio of 9.71 and a beta of 0.55.

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

EQT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Wednesday, May 6th were issued 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 was Wednesday, May 6th. EQT’s payout ratio is 12.52%.

Analyst Upgrades and Downgrades

EQT has been the topic of a number of recent research reports. Capital One Financial lifted their price target on shares of EQT from $64.00 to $68.00 and gave the stock an “overweight” rating in a report on Tuesday, April 28th. BMO Capital Markets cut their target price on EQT from $76.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday, May 13th. Barclays increased their price target on EQT from $67.00 to $69.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. UBS Group cut their price objective on EQT from $75.00 to $74.00 and set a “buy” rating on the stock in a research note on Friday, April 24th. Finally, Truist Financial reduced their target price on EQT from $74.00 to $65.00 and set a “buy” rating on the stock in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $68.29.

Insider Transactions at EQT

In related news, Director Vicky A. Bailey sold 4,116 shares of the business’s stock in a transaction dated Monday, April 27th. The stock was sold at an average price of $59.80, for a total value of $246,136.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Toby Z. Rice sold 96,983 shares of the company’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $54.28, for a total value of $5,264,237.24. Following the transaction, the chief executive officer directly owned 2,334,924 shares in the company, valued at approximately $126,739,674.72. This trade represents a 3.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 102,830 shares of company stock worth $5,602,913 in the last three months. Insiders own 0.72% of the company’s stock.

Hedge Funds Weigh In On EQT

Several institutional investors have recently added to or reduced their stakes in EQT. Parallel Advisors LLC increased its stake in shares of EQT by 4.7% in the 1st quarter. Parallel Advisors LLC now owns 19,965 shares of the oil and gas producer’s stock valued at $1,271,000 after acquiring an additional 890 shares in the last quarter. Glenmede Trust Co. NA boosted its stake in EQT by 112.2% during the first quarter. Glenmede Trust Co. NA now owns 40,189 shares of the oil and gas producer’s stock worth $2,558,000 after acquiring an additional 21,249 shares in the last quarter. Montchanin Asset Management LLC acquired a new stake in EQT in the first quarter worth $260,000. Arkadios Wealth Advisors bought a new stake in EQT in the first quarter valued at $220,000. Finally, Adalta Capital Management LLC raised its holdings in shares of EQT by 26.9% during the first quarter. Adalta Capital Management LLC now owns 17,670 shares of the oil and gas producer’s stock valued at $1,125,000 after purchasing an additional 3,750 shares during the period. 90.81% of the stock is owned by institutional investors and hedge funds.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

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.