EQT (NYSE:EQT) CAO Todd James Sells 32,514 Shares

EQT Corporation (NYSE:EQT) CAO Todd James sold 32,514 shares of the stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $61.12, for a total value of $1,987,255.68. Following the sale, the chief accounting officer directly owned 58,796 shares in the company, valued at $3,593,611.52. This trade represents a 35.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

EQT Stock Performance

NYSE:EQT traded up $0.88 during mid-day trading on Wednesday, reaching $59.29. The company’s stock had a trading volume of 8,606,589 shares, compared to its average volume of 10,991,729. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.27. The stock has a market cap of $37.01 billion, a P/E ratio of 17.91, a PEG ratio of 0.42 and a beta of 0.74. The firm’s fifty day moving average price is $54.86 and its two-hundred day moving average price is $54.69. EQT Corporation has a 12-month low of $43.57 and a 12-month high of $62.23.

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

EQT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 2nd. Shareholders of record on Tuesday, February 17th will be paid a dividend of $0.165 per share. The ex-dividend date is Tuesday, February 17th. This represents a $0.66 dividend on an annualized basis and a yield of 1.1%. EQT’s payout ratio is currently 19.94%.

Key Stories Impacting EQT

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Zacks upgraded EQT from “strong sell” to “hold” — a visible analyst upgrade that can reduce selling pressure and support the stock. Zacks Upgrade
• Positive Sentiment: Capital One lifted its price target and kept an “overweight” stance — incremental analyst support that helps investor confidence (PT raised to $58). Capital One PT Raise
• Positive Sentiment: EQT-backed Scale completed an acquisition of powered land for data centers (Reload) and EQT-related financing/partnership activity (EdgeConnex) — exposure to data-center real estate can diversify earnings and attract investor interest in infrastructure upside. Scale / Reload EdgeConnex CV
• Neutral Sentiment: Broad analyst coverage remains constructive (consensus “Moderate Buy”; several firms recently raised targets) and institutional ownership is high — supports liquidity/valuation but is not an immediate catalyst. MarketBeat Coverage
• Negative Sentiment: EQT has abandoned/withdrawn its takeover approach for Oxford Biomedica after its proposals were rejected — a failed deal can be viewed as a disappointment for growth/strategic expansion and may weigh on sentiment. Reuters: Backed Out of Bid LSE: Abandons Bid
• Negative Sentiment: Insider selling: EVP Sarah Fenton sold 3,768 shares (~$227k) and reduced her holding by ~6.7% — an executive sale can be interpreted negatively by some investors even if for personal reasons. Insider Trade Filing

Institutional Investors Weigh In On EQT

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Caxton Associates LLP purchased a new position in EQT during the first quarter valued at approximately $256,000. Focus Partners Wealth boosted its holdings in EQT by 9.0% in the 1st quarter. Focus Partners Wealth now owns 21,637 shares of the oil and gas producer’s stock worth $1,156,000 after buying an additional 1,789 shares during the period. Transcend Capital Advisors LLC purchased a new stake in EQT in the 2nd quarter worth $246,000. Wellington Shields Capital Management LLC raised its holdings in EQT by 29.2% during the second quarter. Wellington Shields Capital Management LLC now owns 3,100 shares of the oil and gas producer’s stock valued at $181,000 after acquiring an additional 700 shares during the period. Finally, Sound Shore Management Inc CT bought a new position in shares of EQT in the second quarter worth about $67,539,000. 90.81% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently commented on EQT. Zacks Research raised EQT from a “strong sell” rating to a “hold” rating in a report on Monday. Capital One Financial raised their target price on EQT from $55.00 to $58.00 and gave the stock an “overweight” rating in a research report on Tuesday. TD Securities upgraded EQT to a “strong-buy” rating in a research note on Friday, February 20th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of EQT in a research report on Monday, December 29th. Finally, The Goldman Sachs Group reduced their target price on shares of EQT from $70.00 to $66.00 and set a “buy” rating for the company in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, EQT presently has a consensus rating of “Moderate Buy” and a consensus target price of $65.55.

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.