EQT (NYSE:EQT) Stock Price Expected to Rise, Piper Sandler Analyst Says

EQT (NYSE:EQTGet Free Report) had its price target hoisted by research analysts at Piper Sandler from $50.00 to $55.00 in a report released on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the oil and gas producer’s stock. Piper Sandler’s price target would suggest a potential downside of 11.19% from the company’s current price.

Several other research analysts have also weighed in on EQT. UBS Group reduced their price objective on shares of EQT from $76.00 to $75.00 and set a “buy” rating on the stock in a research note on Thursday. Wolfe Research upped their target price on shares of EQT from $61.00 to $62.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Mizuho increased their target price on shares of EQT from $60.00 to $68.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. Roth Mkm reissued a “neutral” rating on shares of EQT in a research report on Wednesday, February 18th. Finally, Scotiabank decreased their price target on shares of EQT from $67.00 to $63.00 and set a “sector perform” rating for the company in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $66.09.

Check Out Our Latest Stock Report on EQT

EQT Stock Up 0.4%

Shares of EQT stock opened at $61.93 on Thursday. EQT has a 12 month low of $43.57 and a 12 month high of $63.06. The business has a fifty day simple moving average of $55.99 and a 200 day simple moving average of $55.17. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.27. The stock has a market cap of $38.70 billion, a PE ratio of 18.71, a price-to-earnings-growth ratio of 0.41 and a beta of 0.72.

EQT (NYSE:EQTGet Free Report) last issued its earnings results on Tuesday, February 17th. The oil and gas producer reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.14. The firm had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.13 billion. EQT had a return on equity of 7.25% and a net margin of 23.59%.The company’s revenue was up 24.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.69 earnings per share. Research analysts predict that EQT will post 3.27 EPS for the current year.

Insider Buying and Selling

In other news, insider Lesley Evancho sold 20,000 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the insider owned 184,607 shares in the company, valued at $11,203,798.83. This represents a 9.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Sarah Fenton sold 3,768 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $60.37, for a total transaction of $227,474.16. Following the completion of the transaction, the executive vice president owned 52,806 shares of the company’s stock, valued at $3,187,898.22. This trade represents a 6.66% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 56,282 shares of company stock valued at $3,428,530. 0.72% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On EQT

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Sound Shore Management Inc CT bought a new stake in EQT in the 2nd quarter valued at $67,539,000. Reaves W H & Co. Inc. increased its holdings in EQT by 213.3% during the 3rd quarter. Reaves W H & Co. Inc. now owns 1,029,234 shares of the oil and gas producer’s stock worth $56,021,000 after purchasing an additional 700,732 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of EQT by 1,286.2% in the 2nd quarter. SG Americas Securities LLC now owns 735,936 shares of the oil and gas producer’s stock valued at $42,920,000 after purchasing an additional 682,844 shares during the period. Mitsubishi UFJ Trust & Banking Corp raised its stake in shares of EQT by 116.4% in the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 534,485 shares of the oil and gas producer’s stock valued at $29,092,000 after purchasing an additional 287,538 shares during the period. Finally, KTF Investments LLC bought a new stake in shares of EQT in the fourth quarter valued at about $8,885,000. 90.81% of the stock is currently owned by institutional investors and hedge funds.

More EQT News

Here are the key news stories impacting EQT this week:

  • Positive Sentiment: Zacks notes EQT shares are up ~31% year-over-year as rising natural gas demand, firmer prices and robust free cash flow support earnings and shareholder returns—although Zacks flags cost pressure and price volatility as risks. EQT Stock Gains 31% in a Year: Here’s What Investors Should Know
  • Positive Sentiment: EQT Real Estate agreed to buy 25 U.S. logistics assets from Mapletree for $575 million — a sizable, income-producing real‑asset deployment that can diversify cash flow and reduce upstream cyclicality. EQT Real Estate snaps up 25 US logistics assets from Mapletree for $575m
  • Neutral Sentiment: UBS trimmed its price target from $76 to $75 but kept a Buy rating — a modest downgrade in target that still signals upside vs. the market. UBS price target update
  • Neutral Sentiment: Piper Sandler raised its target from $50 to $55 and kept a Neutral rating, reflecting mixed analyst views on near-term upside. Piper Sandler price target note
  • Neutral Sentiment: Zacks / AmericanBankingNews published notes ahead of Q1 results; these reiterate strong operational trends but remind investors to watch revenues, costs and gas-price sensitivity. Zacks Research Weighs in on EQT’s Q1 Earnings
  • Negative Sentiment: Insider Lesley Evancho sold 20,000 shares (≈$1.21M) on March 3, reducing her stake by ~9.8% — a small but visible insider exit that can weigh on sentiment even if not material to company ownership. EQT (NYSE:EQT) Insider Sells $1,213,800.00 in Stock

EQT Company Profile

(Get Free Report)

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.

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