Whittier Trust Co. boosted its stake in shares of EQT Corporation (NYSE:EQT – Free Report) by 9.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 643,321 shares of the oil and gas producer’s stock after purchasing an additional 56,149 shares during the quarter. Whittier Trust Co.’s holdings in EQT were worth $38,857,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of the stock. Reaves W H & Co. Inc. grew its position in EQT by 12.9% in the 4th quarter. Reaves W H & Co. Inc. now owns 1,161,975 shares of the oil and gas producer’s stock worth $62,282,000 after purchasing an additional 132,741 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp raised its position in shares of EQT by 9.1% during the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 583,072 shares of the oil and gas producer’s stock valued at $31,253,000 after buying an additional 48,587 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of EQT by 228.5% in the fourth quarter. SG Americas Securities LLC now owns 517,651 shares of the oil and gas producer’s stock valued at $27,746,000 after buying an additional 360,049 shares during the period. Adams Natural Resources Fund Inc. lifted its stake in shares of EQT by 19.1% in the fourth quarter. Adams Natural Resources Fund Inc. now owns 262,600 shares of the oil and gas producer’s stock valued at $14,075,000 after buying an additional 42,100 shares during the period. Finally, Cullen Frost Bankers Inc. grew its position in EQT by 21.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 186,352 shares of the oil and gas producer’s stock worth $9,988,000 after buying an additional 32,921 shares in the last quarter. 90.81% of the stock is owned by institutional investors.
Insider Buying and Selling
In related news, CEO Toby Z. Rice sold 96,983 shares of the firm’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 transaction of $5,264,237.24. Following the completion of the transaction, the chief executive officer owned 2,334,924 shares in the company, valued at $126,739,674.72. This trade represents a 3.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vicky A. Bailey sold 4,116 shares of the business’s stock in a transaction on Monday, April 27th. The shares were sold at an average price of $59.80, for a total value of $246,136.80. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 102,830 shares of company stock valued at $5,602,913. 0.72% of the stock is currently owned by insiders.
EQT Stock Performance
EQT (NYSE:EQT – Get Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The oil and gas producer reported $2.33 EPS for the quarter, topping analysts’ consensus estimates of $2.01 by $0.32. The firm had revenue of $3.14 billion during the quarter, compared to analysts’ expectations of $3.14 billion. EQT had a net margin of 31.94% and a return on equity of 9.74%. During the same quarter last year, the company earned $1.18 earnings per share. As a group, research analysts forecast that EQT Corporation will post 4.44 earnings per share for the current fiscal year.
EQT Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Wednesday, May 6th were issued a $0.165 dividend. The ex-dividend date of this dividend was Wednesday, May 6th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.3%. EQT’s dividend payout ratio is presently 12.52%.
More EQT News
Here are the key news stories impacting EQT this week:
- Positive Sentiment: Freedom Capital upgraded EQT Corporation to strong-buy, which can support sentiment around the stock. Tickerreport.com article
- Positive Sentiment: Analysts expect EQT’s upcoming second-quarter earnings report to show double-digit bottom-line growth, suggesting the company may deliver stronger profitability when it reports later this month. Barchart article
- Neutral Sentiment: EQT Corporation announced it will release second-quarter 2026 results on July 21 and host a conference call on July 22. This is a routine earnings-calendar update, but it keeps attention on the next catalyst for the stock. PR Newswire article
- Neutral Sentiment: Several research notes from Zacks Research were mixed, with some near-term earnings estimates lowered for 2026 and 2027, while a few longer-dated estimates were raised. That creates a mostly mixed outlook rather than a clear catalyst. MarketBeat article
- Negative Sentiment: Morgan Stanley cut its price target on EQT to $68 from $74, even while keeping an Overweight rating, which may have weighed on sentiment. Yahoo Finance article
- Negative Sentiment: Zacks Research lowered its 2026 and 2027 EPS estimates for EQT, including a notable reduction to FY2026 earnings expectations, which can pressure the stock if investors focus on softer forward earnings. MarketBeat article
Analysts Set New Price Targets
EQT has been the topic of several research reports. Truist Financial lowered their price target on EQT from $74.00 to $65.00 and set a “buy” rating on the stock in a research note on Wednesday, June 24th. Citigroup lifted their price objective on EQT from $66.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Royal Bank Of Canada restated a “sector perform” rating and set a $69.00 price objective on shares of EQT in a research report on Wednesday, April 15th. Stephens cut their target price on EQT from $78.00 to $73.00 and set an “overweight” rating for the company in a research note on Tuesday, April 21st. Finally, Barclays upped their target price on EQT from $67.00 to $69.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. Two analysts have 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. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $68.25.
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.
Featured Stories
- Five stocks we like better than EQT
- Visa’s Open USD Push Puts Circle’s Stablecoin Moat Under Pressure
- This Under-the-Radar Industrial Is Quietly Powering AI
- Why Microsoft Looks Like the Best Big Tech Trade for H2 2026
- Strategy’s Bitcoin Pivot Gives Investors a New Reason to Watch Preferred Shares
Want to see what other hedge funds are holding EQT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EQT Corporation (NYSE:EQT – Free Report).
Receive News & Ratings for EQT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EQT and related companies with MarketBeat.com's FREE daily email newsletter.
