Representative Thomas H. Kean, Jr. (Republican-New Jersey) recently bought shares of EQT Corporation (NYSE:EQT). In a filing disclosed on August 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in EQT stock on July 7th. 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 Stryker (NYSE:SYK) on 7/22/2026.
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 7/22/2026.
- Purchased $1,001 – $15,000 in shares of Toast (NYSE:TOST) on 7/8/2026.
- Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 7/8/2026.
- Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 7/7/2026.
- Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 6/30/2026.
- Sold $1,001 – $15,000 in shares of S&P Global (NYSE:SPGI) on 6/29/2026.
- Sold $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 6/29/2026.
- Sold $1,001 – $15,000 in shares of Johnson & Johnson (NYSE:JNJ) on 6/29/2026.
- Purchased $1,001 – $15,000 in shares of ESAB (NYSE:ESAB) on 6/24/2026.
EQT Price Performance
Shares of NYSE:EQT opened at $53.74 on Friday. EQT Corporation has a twelve month low of $47.94 and a twelve month high of $68.24. The stock’s 50 day moving average is $51.99 and its 200-day moving average is $56.45. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $33.62 billion, a price-to-earnings ratio of 12.47 and a beta of 0.58.
EQT Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 5th will be given a dividend of $0.165 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, August 5th. EQT’s dividend payout ratio is 15.31%.
Insider Activity at EQT
In related news, CEO Toby Z. Rice sold 175,328 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $55.03, for a total transaction of $9,648,299.84. Following the completion of the transaction, the chief executive officer directly owned 2,157,865 shares of the company’s stock, valued at approximately $118,747,310.95. This represents a 7.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 274,042 shares of company stock valued at $15,005,076 in the last quarter. 0.72% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the stock. Caxton Associates LLP purchased a new stake in EQT during the 1st quarter valued at approximately $256,000. Focus Partners Wealth lifted its stake 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 purchasing an additional 1,789 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in shares of EQT by 495.2% during 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 during the last quarter. Captrust Financial Advisors grew its position in shares of EQT by 39.4% during the second 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, Horizon Investments LLC grew its position in shares of EQT by 43.6% during the third quarter. Horizon Investments LLC now owns 85,502 shares of the oil and gas producer’s stock valued at $4,640,000 after purchasing an additional 25,971 shares in the last quarter. Institutional investors own 90.81% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts have recently issued reports on the stock. Stephens boosted their price target on shares of EQT from $71.00 to $72.00 and gave the company an “overweight” rating in a research report on Wednesday, July 22nd. Morgan Stanley dropped their price objective on shares of EQT from $68.00 to $67.00 and set an “overweight” rating for the company in a report on Wednesday. Citigroup lowered their price objective on shares of EQT from $70.00 to $67.00 and set a “buy” rating for the company in a report on Tuesday, July 28th. Jefferies Financial Group decreased their target price on EQT from $77.00 to $75.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Finally, Freedom Capital upgraded EQT to a “strong-buy” rating in a report on Tuesday, June 30th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $68.10.
Check Out Our Latest Report on EQT
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.
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.
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