EQT Corporation $EQT Shares Sold by Sound Shore Management Inc. CT

Sound Shore Management Inc. CT cut its stake in shares of EQT Corporation (NYSE:EQTFree Report) by 0.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,517,587 shares of the oil and gas producer’s stock after selling 9,234 shares during the period. EQT accounts for approximately 2.6% of Sound Shore Management Inc. CT’s holdings, making the stock its 23rd biggest holding. Sound Shore Management Inc. CT’s holdings in EQT were worth $81,343,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Sound Shore Management Inc CT lifted its position in EQT by 31.8% during the third quarter. Sound Shore Management Inc CT now owns 1,526,821 shares of the oil and gas producer’s stock valued at $83,105,000 after buying an additional 368,748 shares in the last quarter. Reaves W H & Co. Inc. increased its stake in EQT by 12.9% during 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 buying an additional 132,741 shares during the period. Rhumbline Advisers increased its stake in EQT by 4.7% during the 3rd quarter. Rhumbline Advisers now owns 1,108,307 shares of the oil and gas producer’s stock worth $60,325,000 after buying an additional 49,714 shares during the period. Whittier Trust Co. grew its holdings in EQT by 2.3% during the 4th quarter. Whittier Trust Co. now owns 587,172 shares of the oil and gas producer’s stock worth $31,361,000 after acquiring an additional 13,232 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp grew its holdings in EQT by 9.1% during the 4th quarter. Mitsubishi UFJ Trust & Banking Corp now owns 583,072 shares of the oil and gas producer’s stock worth $31,253,000 after acquiring an additional 48,587 shares in the last quarter. 90.81% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about EQT

Here are the key news stories impacting EQT this week:

  • Positive Sentiment: Analysts at Zacks Research raised multiple earnings forecasts for EQT, including higher estimates for FY2026, FY2027, and several quarterly periods, which suggests expectations are improving for the company’s gas production earnings power.
  • Positive Sentiment: EQT launched Infrastructure VII, a new multi-billion-euro fund targeting as much as €21 billion, with a focus on AI-related data centers, fiber networks, and other digital infrastructure assets. Investors may view this as a sign EQT is leaning into a high-growth theme with strong demand. Article Title
  • Positive Sentiment: EQT Real Estate set a $6 billion target for its Exeter Industrial Value Fund VII, reinforcing fee-generating fundraising momentum across the company’s alternatives platform. Article Title
  • Positive Sentiment: EQT completed a purchase of six U.K. logistics assets from Tritax Big Box REIT for £199 million, a move that expands its property portfolio and signals continued deployment of capital into industrial real estate. Article Title
  • Positive Sentiment: ATP and EQT announced a global partnership, adding another strategic development that could support EQT’s long-term growth and asset base. Article Title
  • Neutral Sentiment: Commentary from EQT’s Salata on AI infrastructure buildout and other articles highlighting EQT’s exposure to the digital economy may be helping sentiment, but these are more thematic than immediate stock-moving catalysts. Article Title
  • Neutral Sentiment: Jim Cramer coverage and “top growth stock” style articles may add attention, but they do not appear to materially change the investment case on their own. Article Title
  • Negative Sentiment: Despite the positive news flow, EQT’s shares remain below recent moving averages and recent analyst updates were mixed in tone, with some near-term estimate trims alongside the upgrades, which may temper enthusiasm.

Insider Activity at EQT

In related news, Director Vicky A. Bailey sold 4,116 shares of the business’s stock in a transaction that occurred on Monday, April 27th. The stock was sold at an average price of $59.80, for a total value of $246,136.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Sarah Fenton sold 4,876 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $64.49, for a total value of $314,453.24. Following the completion of the sale, the executive vice president owned 52,953 shares of the company’s stock, valued at approximately $3,414,938.97. This trade represents a 8.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.72% of the company’s stock.

Wall Street Analysts Forecast Growth

EQT has been the topic of a number of recent research reports. Piper Sandler raised their price target on shares of EQT from $50.00 to $55.00 and gave the stock a “neutral” rating in a research report on Thursday, March 5th. Morgan Stanley increased their price objective on shares of EQT from $69.00 to $74.00 and gave the stock an “overweight” rating in a report on Friday, March 27th. Citigroup increased their target price on shares of EQT from $66.00 to $70.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Barclays increased their target price on shares of EQT from $67.00 to $69.00 and gave the company an “overweight” rating in a research report on Monday, March 16th. Finally, Weiss Ratings downgraded shares of EQT from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, May 19th. Two research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, EQT has a consensus rating of “Moderate Buy” and a consensus price target of $68.83.

Check Out Our Latest Report on EQT

EQT Trading Down 0.2%

NYSE:EQT opened at $54.56 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.66 and a quick ratio of 0.66. EQT Corporation has a fifty-two week low of $48.47 and a fifty-two week high of $68.24. The stock’s 50-day moving average is $58.70 and its two-hundred day moving average is $57.81. The stock has a market cap of $34.13 billion, a PE ratio of 10.35 and a beta of 0.55.

EQT (NYSE:EQTGet Free Report) last released its earnings results on Tuesday, April 21st. The oil and gas producer reported $2.33 earnings per share for the quarter, beating the consensus estimate of $2.01 by $0.32. EQT had a return on equity of 9.74% and a net margin of 31.94%.The company had revenue of $3.14 billion for the quarter, compared to analysts’ expectations of $3.14 billion. During the same quarter in the previous year, the business posted $1.18 EPS. As a group, equities research analysts forecast that EQT Corporation will post 4.7 earnings per share for the current fiscal year.

EQT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Wednesday, May 6th were paid a $0.165 dividend. The ex-dividend date of this dividend was Wednesday, May 6th. This represents a $0.66 annualized dividend and a dividend yield of 1.2%. EQT’s payout ratio is presently 12.52%.

EQT Company Profile

(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.

See Also

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Institutional Ownership by Quarter for EQT (NYSE:EQT)

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