EQT Corporation (NYSE:EQT) Stock Has Average Target Price of $68.18

EQT Corporation (NYSE:EQT) has earned a consensus recommendation of “Moderate Buy” from the twenty-eight ratings firms that are presently covering the company, MarketBeat.com reports. Seven investment analysts have rated the stock with a hold recommendation, nineteen have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $68.18.

Several equities research analysts recently issued reports on the stock. Jefferies Financial Group dropped their target price on shares of EQT from $77.00 to $75.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Zacks Research upgraded shares of EQT from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 27th. Wall Street Zen cut EQT from a “hold” rating to a “sell” rating in a report on Saturday, July 25th. Stifel Nicolaus started coverage on EQT in a research note on Wednesday, September 9th. They issued a “buy” rating and a $66.00 price target on the stock. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of EQT in a report on Thursday, July 30th.

Key Stories Impacting EQT

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Higher production with lower spending: EQT Corporation’s CEO said the company expects U.S. natural-gas production to increase in 2026 while capital spending declines. The combination could improve operating efficiency and cash flow, although results will remain sensitive to gas prices. EQT expects higher 2026 U.S. gas production with lower spending
• Positive Sentiment: Long-term European gas demand: EQT Corporation was advised on a long-term gas supply agreement between Lithuania and the United States, a development that could support export demand and add visibility to future sales. EQT Lithuania-U.S. gas supply contract
• Neutral Sentiment: Analyst outlook remains favorable: A market review noted that EQT Corporation has underperformed the broader energy sector over the past year, but analysts continue to maintain a generally bullish view of its prospects. The stock remains below its 50-day and 200-day moving averages, indicating that investors are still waiting for stronger operational or commodity-price momentum. EQT Corporation stock performance and analyst outlook
• Neutral Sentiment: Private-equity headlines are unrelated: Reports about EQT launching an Abu Dhabi platform, leading Fever’s $250 million financing, and joining Blackstone in the $6.6 billion Urbaser acquisition refer to the separate private-equity firm EQT—not EQT Corporation—and therefore are not direct drivers of the energy company’s valuation. EQT Abu Dhabi platform

EQT Price Performance

NYSE EQT opened at $51.92 on Friday. EQT has a one year low of $47.94 and a one year high of $68.24. The stock has a 50-day moving average of $53.08 and a 200 day moving average of $55.58. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.67 and a current ratio of 0.67. The company has a market capitalization of $32.48 billion, a price-to-earnings ratio of 12.05 and a beta of 0.58.

EQT (NYSE:EQT) last announced its quarterly earnings results on Tuesday, July 21st. The oil and gas producer reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). EQT had a return on equity of 9.31% and a net margin of 28.44%.The company had revenue of $1.68 billion during the quarter, compared to the consensus estimate of $1.76 billion. During the same quarter in the prior year, the firm earned $0.45 earnings per share. The business’s revenue was down 29.2% compared to the same quarter last year. On average, sell-side analysts forecast that EQT will post 3.92 EPS for the current year.

EQT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 5th were given a $0.1650 dividend. This represents a $0.66 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Wednesday, August 5th. EQT’s dividend payout ratio (DPR) is presently 15.31%.

Insider Activity

In other news, CEO Toby Rice sold 175,328 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $55.03, for a total transaction of $9,648,299.84. Following the completion of the sale, the chief executive officer owned 2,157,865 shares of the company’s stock, valued at $118,747,310.95. This represents a 7.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.72% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On EQT

Institutional investors and hedge funds have recently made changes to their positions in the business. Greykasell Wealth Strategies Inc. bought a new stake in EQT during the fourth quarter valued at approximately $26,000. Meeder Asset Management Inc. bought a new position in EQT in the second quarter worth approximately $26,000. Community Bank N.A. raised its position in EQT by 198.9% in the second quarter. Community Bank N.A. now owns 523 shares of the oil and gas producer’s stock worth $28,000 after acquiring an additional 348 shares during the period. Anchor Investment Management LLC boosted its stake in shares of EQT by 76.0% during the 2nd quarter. Anchor Investment Management LLC now owns 528 shares of the oil and gas producer’s stock worth $28,000 after acquiring an additional 228 shares during the last quarter. Finally, Wedbush Fund Advisers LLC boosted its stake in shares of EQT by 251.8% during the 2nd quarter. Wedbush Fund Advisers LLC now owns 577 shares of the oil and gas producer’s stock worth $31,000 after acquiring an additional 413 shares during the last quarter. Hedge funds and other institutional investors own 90.81% of the company’s stock.

EQT Company Profile

EQT Corporation is a natural gas exploration and production company headquartered in Pittsburgh, Pennsylvania. The company primarily develops and operates unconventional oil and gas properties in the Appalachian Basin, with a focus on natural gas production from the Marcellus and Utica shale formations.

EQT’s products include natural gas, natural gas liquids and condensate. Its operations span drilling, well completion, production and related gathering activities, supporting the delivery of energy to utilities, industrial customers, marketers and other buyers.