SummitTX Capital L.P. Takes $708,000 Position in Equinor ASA $EQNR

Posted by Stanley Muller on Jul 31st, 2026

SummitTX Capital L.P. purchased a new position in shares of Equinor ASA (NYSE:EQNR – Free Report) during the 1st quarter, Holdings Channel.com reports. The institutional investor purchased 16,771 shares of the company’s stock, valued at approximately $708,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Epoch Investment Partners Inc. acquired a new position in Equinor ASA during the first quarter worth $265,000. Public Employees Retirement System of Ohio acquired a new stake in Equinor ASA in the first quarter valued at $8,745,000. Compound Planning Inc. acquired a new stake in Equinor ASA in the first quarter valued at $410,000. Arrowstreet Capital Limited Partnership increased its position in shares of Equinor ASA by 599.3% in the first quarter. Arrowstreet Capital Limited Partnership now owns 12,966,671 shares of the company’s stock valued at $547,194,000 after buying an additional 11,112,362 shares in the last quarter. Finally, Gibbs Wealth Management purchased a new position in shares of Equinor ASA in the first quarter valued at $1,189,000. Institutional investors and hedge funds own 5.51% of the company’s stock.

Equinor ASA Trading Down 0.5%

Shares of EQNR stock opened at $40.74 on Friday. The firm has a 50-day moving average price of $35.70 and a 200 day moving average price of $34.49. Equinor ASA has a twelve month low of $22.26 and a twelve month high of $43.46. The company has a market capitalization of $119.98 billion, a price-to-earnings ratio of 11.10, a PEG ratio of 2.70 and a beta of 0.06. The company has a current ratio of 1.18, a quick ratio of 1.10 and a debt-to-equity ratio of 0.56.

Equinor ASA (NYSE:EQNR – Get Free Report) last released its earnings results on Tuesday, July 21st. The company reported $1.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.39 by ($0.06). Equinor ASA had a net margin of 7.92% and a return on equity of 23.60%. The firm had revenue of $34.02 billion during the quarter, compared to analysts’ expectations of $34.03 billion. Research analysts forecast that Equinor ASA will post 4.93 earnings per share for the current fiscal year.

Equinor ASA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Monday, November 16th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, November 16th. This represents a $1.56 annualized dividend and a dividend yield of 3.8%. Equinor ASA’s dividend payout ratio is presently 34.88%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Wall Street Zen upgraded shares of Equinor ASA from a “hold” rating to a “buy” rating in a research report on Saturday, July 25th. Zacks Research cut shares of Equinor ASA from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 25th. Royal Bank Of Canada upgraded shares of Equinor ASA from an “underperform” rating to a “sector perform” rating in a report on Thursday, July 23rd. Rothschild & Co Redburn upgraded shares of Equinor ASA from a “strong sell” rating to a “hold” rating in a research report on Thursday, April 9th. Finally, DZ Bank raised shares of Equinor ASA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $39.20.

Get Our Latest Stock Report on Equinor ASA

Equinor ASA Profile

(Free Report)

Equinor ASA (NYSE: EQNR) is a Norway-based integrated energy company headquartered in Stavanger. Historically established as Statoil in the 1970s to develop Norway’s petroleum resources, the company changed its name to Equinor in 2018 to reflect a strategic shift toward a broader energy portfolio. Equinor’s operations span the full upstream value chain, including exploration, development and production of oil and natural gas, alongside trading and marketing activities that support its global commercial operations.

In recent years Equinor has pursued a transition strategy that combines continued development of conventional oil and gas resources with growing investments in low‑carbon energy.