Encore Global Management LP Takes $1.49 Million Position in EQT Corporation $EQT

Posted by Stanley Muller on Aug 22nd, 2026

Encore Global Management LP bought a new stake in shares of EQT Corporation (NYSE:EQT – Free Report) in the 2nd quarter, HoldingsChannel reports. The fund bought 28,000 shares of the oil and gas producer’s stock, valued at approximately $1,489,000.

A number of other large investors also recently modified their holdings of EQT. Allworth Financial LP acquired a new stake in EQT during the second quarter worth about $611,000. B. Metzler seel. Sohn & Co. AG bought a new position in EQT in the second quarter worth about $662,000. Silvant Capital Management LLC acquired a new position in EQT in the second quarter valued at approximately $681,000. Ceredex Value Advisors LLC acquired a new position in EQT in the second quarter valued at approximately $22,209,000. Finally, D L Carlson Investment Group Inc. bought a new position in shares of EQT during the second quarter valued at approximately $1,727,000. 90.81% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on EQT shares. JPMorgan Chase & Co. dropped their target price on EQT from $72.00 to $68.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. Capital One Financial boosted their price target on shares of EQT from $64.00 to $68.00 and gave the company an “overweight” rating in a report on Tuesday, April 28th. Wall Street Zen lowered shares of EQT from a “hold” rating to a “sell” rating in a research report on Saturday, July 25th. Citigroup dropped their price objective on shares of EQT from $70.00 to $67.00 and set a “buy” rating on the stock in a report on Tuesday, July 28th. Finally, Stephens lifted their price objective 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. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, EQT currently has an average rating of “Moderate Buy” and a consensus target price of $68.10.

Check Out Our Latest Analysis on EQT

EQT Stock Performance

NYSE:EQT opened at $53.74 on Friday. The company has a 50-day moving average of $51.99 and a 200-day moving average of $56.45. The firm has a market cap of $33.62 billion, a price-to-earnings ratio of 12.47 and a beta of 0.58. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.19. EQT Corporation has a twelve month low of $47.94 and a twelve month high of $68.24.

EQT (NYSE:EQT – Get Free Report) last released its quarterly earnings data 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 company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.76 billion. EQT had a return on equity of 9.31% and a net margin of 28.44%.The business’s revenue was down 29.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.45 earnings per share. Analysts forecast that EQT Corporation will post 3.97 earnings per share for the current fiscal year.

EQT Announces Dividend

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

Insider Buying and Selling

In other EQT news, CEO Toby Z. Rice sold 175,328 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer directly owned 2,157,865 shares in the company, valued at approximately $118,747,310.95. This trade represents a 7.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 274,042 shares of company stock worth $15,005,076. Company insiders own 0.72% of the company’s stock.

EQT 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.