EQT (NYSE:EQT) CEO Toby Rice Sells 175,328 Shares of Stock

Posted by Geri Gentry on Aug 19th, 2026

EQT Corporation (NYSE:EQT – Get Free Report) CEO Toby Rice sold 175,328 shares of the business’s stock in a transaction on 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 directly owned 2,157,865 shares of the company’s stock, valued at approximately $118,747,310.95. This trade represents a 7.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

EQT Stock Performance

Shares of EQT stock opened at $53.18 on Wednesday. The stock’s 50-day moving average is $51.88 and its two-hundred day moving average is $56.51. The firm has a market cap of $33.27 billion, a price-to-earnings ratio of 12.34 and a beta of 0.58. EQT Corporation has a 1 year low of $47.94 and a 1 year high of $68.24. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.67 and a current ratio of 0.67.

EQT (NYSE:EQT – Get Free Report) last posted its earnings results on Tuesday, July 21st. The oil and gas producer reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.02). The firm had revenue of $1.68 billion during the quarter, compared to analysts’ expectations of $1.76 billion. EQT had a net margin of 28.44% and a return on equity of 9.31%. The firm’s revenue for the quarter was down 29.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.45 earnings per share. Analysts predict that EQT Corporation will post 4.06 earnings per share for the current year.

EQT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 5th will be given a $0.165 dividend. The ex-dividend date is Wednesday, August 5th. This represents a $0.66 annualized dividend and a yield of 1.2%. EQT’s dividend payout ratio is 15.31%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on EQT. Truist Financial reduced their target price on shares of EQT from $74.00 to $65.00 and set a “buy” rating for the company in a report on Wednesday, June 24th. BMO Capital Markets lowered their price target on EQT from $76.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday, May 13th. Citigroup dropped their price target on EQT from $70.00 to $67.00 and set a “buy” rating on the stock in a research report on Tuesday, July 28th. Barclays reduced their price objective on EQT from $70.00 to $68.00 and set an “overweight” rating for the company in a research note on Monday. Finally, Wells Fargo & Company increased their price objective on EQT from $70.00 to $79.00 and gave the stock an “overweight” rating in a research report on Thursday, April 23rd. Two investment analysts have rated the stock with a Strong Buy rating, twenty have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $68.48.

Get Our Latest Report on EQT

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Greykasell Wealth Strategies Inc. acquired a new stake in shares of EQT in the 4th quarter worth approximately $26,000. Meeder Asset Management Inc. acquired a new position in EQT during the second quarter worth $26,000. Wedbush Fund Advisers LLC raised its holdings in EQT by 251.8% during the second quarter. Wedbush Fund Advisers LLC now owns 577 shares of the oil and gas producer’s stock worth $31,000 after purchasing an additional 413 shares during the last quarter. Gables Capital Management Inc. purchased a new stake in EQT during the second quarter worth $37,000. Finally, Root Financial Partners LLC raised its stake in shares of EQT by 35.4% during the 1st quarter. Root Financial Partners LLC now owns 773 shares of the oil and gas producer’s stock worth $49,000 after buying an additional 202 shares during the last quarter. 90.81% of the stock is owned by hedge funds and other institutional investors.

EQT Company Profile

(Get 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.