Northwestern Mutual Wealth Management Co. Makes New $2.03 Million Investment in EQT Corporation $EQT

Posted by Brian Himes on Aug 25th, 2026

Northwestern Mutual Wealth Management Co. bought a new position in shares of EQT Corporation (NYSE:EQT – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 38,169 shares of the oil and gas producer’s stock, valued at approximately $2,029,000.

A number of other institutional investors also recently modified their holdings of the business. BlackRock Inc. bought a new stake in EQT in the 2nd quarter valued at about $3,204,125,000. Bank of New York Mellon Corp bought a new position in shares of EQT during the second quarter worth approximately $512,148,000. Deutsche Bank AG bought a new position in shares of EQT during the second quarter worth approximately $119,461,000. Diamond Hill Capital Management LLC Investment Advisor bought a new position in shares of EQT during the second quarter worth approximately $110,177,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of EQT in the second quarter valued at approximately $78,630,000. Institutional investors own 90.81% of the company’s stock.

Insider Transactions at EQT

In other EQT news, CEO Toby Z. Rice sold 175,328 shares of the business’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 transaction, the chief executive officer owned 2,157,865 shares of the company’s stock, valued at approximately $118,747,310.95. The trade was a 7.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 274,042 shares of company stock valued at $15,005,076 in the last quarter. Insiders own 0.72% of the company’s stock.

EQT Stock Performance

NYSE EQT opened at $53.76 on Tuesday. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $33.63 billion, a price-to-earnings ratio of 12.47 and a beta of 0.58. The firm’s 50 day simple moving average is $52.05 and its 200 day simple moving average is $56.45. EQT Corporation has a 1 year low of $47.94 and a 1 year high of $68.24.

EQT (NYSE:EQT – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The oil and gas producer reported $0.39 EPS for the quarter, missing the consensus estimate of $0.41 by ($0.02). The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates 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 quarter in the prior year, the firm earned $0.45 earnings per share. As a group, research analysts expect that EQT Corporation will post 3.97 earnings per share for the current fiscal year.

EQT Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on EQT shares. Capital One Financial boosted their price target on EQT from $64.00 to $68.00 and gave the company an “overweight” rating in a research note on Tuesday, April 28th. Wall Street Zen lowered EQT from a “hold” rating to a “sell” rating in a research note on Saturday, July 25th. Morgan Stanley dropped their price objective on EQT from $68.00 to $67.00 and set an “overweight” rating for the company in a report on Wednesday, August 19th. Zacks Research downgraded EQT from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 28th. Finally, Truist Financial reduced their target price on EQT from $74.00 to $65.00 and set a “buy” rating on the stock in a report on Wednesday, June 24th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $68.10.

Read Our Latest Analysis on EQT

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.