EQT Co. (NYSE:EQT – Free Report) – Equities researchers at Capital One Financial reduced their Q1 2025 earnings per share estimates for shares of EQT in a note issued to investors on Thursday, October 31st. Capital One Financial analyst B. Velie now expects that the oil and gas producer will post earnings of $0.64 per share for the quarter, down from their previous forecast of $0.76. The consensus estimate for EQT’s current full-year earnings is $1.42 per share. Capital One Financial also issued estimates for EQT’s Q4 2025 earnings at $0.59 EPS.
EQT has been the subject of a number of other research reports. Piper Sandler lifted their price target on EQT from $32.00 to $34.00 and gave the stock a “neutral” rating in a research report on Monday. Citigroup upgraded shares of EQT from a “neutral” rating to a “buy” rating and increased their price target for the stock from $37.00 to $44.00 in a report on Thursday, October 3rd. Morgan Stanley restated an “overweight” rating and set a $45.00 price objective on shares of EQT in a research note on Friday, September 13th. Wells Fargo & Company upgraded EQT from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $40.00 to $42.00 in a research note on Wednesday, August 14th. Finally, UBS Group raised their price objective on shares of EQT from $40.00 to $42.00 and gave the stock a “neutral” rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and eleven have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $42.83.
EQT Trading Up 2.0 %
NYSE:EQT opened at $37.54 on Monday. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.65. The firm has a fifty day simple moving average of $35.41 and a 200-day simple moving average of $36.62. EQT has a 12 month low of $30.02 and a 12 month high of $44.47. The company has a market capitalization of $16.58 billion, a P/E ratio of 44.69 and a beta of 1.06.
EQT (NYSE:EQT – Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The oil and gas producer reported $0.12 EPS for the quarter, beating the consensus estimate of $0.06 by $0.06. The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.35 billion. EQT had a net margin of 5.52% and a return on equity of 3.74%. EQT’s revenue was up 8.2% on a year-over-year basis. During the same period last year, the firm posted $0.30 EPS.
Institutional Trading of EQT
A number of institutional investors have recently made changes to their positions in EQT. Modera Wealth Management LLC purchased a new position in EQT during the third quarter worth approximately $562,494,000. Price T Rowe Associates Inc. MD increased its holdings in EQT by 22.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 64,877,405 shares of the oil and gas producer’s stock valued at $2,405,007,000 after purchasing an additional 11,993,729 shares during the last quarter. Vanguard Group Inc. raised its position in EQT by 8.4% in the first quarter. Vanguard Group Inc. now owns 50,865,664 shares of the oil and gas producer’s stock valued at $1,885,590,000 after purchasing an additional 3,942,802 shares during the period. Canoe Financial LP acquired a new position in EQT during the third quarter worth $89,907,000. Finally, Merewether Investment Management LP purchased a new position in shares of EQT during the second quarter worth $69,452,000. 90.81% of the stock is owned by institutional investors and hedge funds.
EQT Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, December 2nd. Stockholders of record on Wednesday, November 6th will be given a $0.1575 dividend. The ex-dividend date of this dividend is Wednesday, November 6th. This represents a $0.63 annualized dividend and a dividend yield of 1.68%. EQT’s dividend payout ratio (DPR) is presently 75.00%.
About EQT
EQT Corporation operates as a natural gas production company in the United States. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers through pipelines located in the Appalachian Basin. It also offers marketing services and contractual pipeline capacity management services.
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