Rock Creek Group LP Makes New $804,000 Investment in EQT Corporation $EQT

Rock Creek Group LP acquired a new position in shares of EQT Corporation (NYSE:EQT) in the 4th quarter, HoldingsChannel reports. The fund acquired 15,000 shares of the oil and gas producer’s stock, valued at approximately $804,000.

Several other large investors have also modified their holdings of EQT. Caxton Associates LLP bought a new stake in shares of EQT during the 1st quarter worth $256,000. Focus Partners Wealth boosted its holdings in shares of EQT by 9.0% during the 1st quarter. Focus Partners Wealth now owns 21,637 shares of the oil and gas producer’s stock worth $1,156,000 after buying an additional 1,789 shares during the period. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in shares of EQT by 495.2% during the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 128,060 shares of the oil and gas producer’s stock worth $7,468,000 after buying an additional 106,545 shares during the period. Captrust Financial Advisors boosted its holdings in shares of EQT by 39.4% during the 2nd quarter. Captrust Financial Advisors now owns 30,617 shares of the oil and gas producer’s stock worth $1,786,000 after buying an additional 8,658 shares during the period. Finally, LRI Investments LLC boosted its holdings in shares of EQT by 32.7% during the 3rd quarter. LRI Investments LLC now owns 2,713 shares of the oil and gas producer’s stock worth $148,000 after buying an additional 669 shares during the period. 90.81% of the stock is owned by institutional investors.

Insider Buying and Selling at EQT

In other EQT news, Director Vicky A. Bailey sold 4,116 shares of the stock in a transaction on Monday, April 27th. The shares were sold at an average price of $59.80, for a total value of $246,136.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Sarah Fenton sold 4,876 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $64.49, for a total transaction of $314,453.24. Following the completion of the transaction, the executive vice president owned 52,953 shares of the company’s stock, valued at approximately $3,414,938.97. This represents a 8.43% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 28,992 shares of company stock valued at $1,774,390 in the last ninety days. Company insiders own 0.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on EQT shares. JPMorgan Chase & Co. upped their price objective on shares of EQT from $68.00 to $72.00 and gave the stock an “overweight” rating in a report on Tuesday, March 17th. Roth Mkm reaffirmed a “neutral” rating on shares of EQT in a report on Tuesday, April 14th. Zacks Research downgraded shares of EQT from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 22nd. Citigroup upped their price objective on shares of EQT from $66.00 to $70.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of EQT in a report on Sunday, April 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.83.

EQT Price Performance

Shares of EQT stock opened at $54.91 on Friday. 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 firm has a fifty day moving average price of $59.31 and a two-hundred day moving average price of $57.94. The company has a market cap of $34.35 billion, a PE ratio of 10.42 and a beta of 0.59.

EQT (NYSE:EQT) last issued its quarterly earnings results on Tuesday, April 21st. The oil and gas producer reported $2.33 earnings per share for the quarter, beating analysts’ consensus estimates of $2.01 by $0.32. EQT had a net margin of 31.94% and a return on equity of 9.74%. The firm had revenue of $3.14 billion during the quarter, compared to the consensus estimate of $3.14 billion. During the same period in the prior year, the firm earned $1.18 EPS. Analysts expect that EQT Corporation will post 4.63 EPS for the current year.

EQT Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 6th will be issued a $0.165 dividend. The ex-dividend date of this dividend is Wednesday, May 6th. This represents a $0.66 dividend on an annualized basis and a yield of 1.2%. EQT’s dividend payout ratio is 12.52%.

Key Stories Impacting EQT

Here are the key news stories impacting EQT this week:

• Positive Sentiment: Zacks Research raised its earnings estimates for EQT’s Q1 2027, Q2 2027, and FY2028, signaling improved forward profitability expectations. The firm now sees FY2028 EPS at $5.71, up from $5.59, which can support valuation optimism even though its rating remains Hold.
• Positive Sentiment: A recent bullish analysis highlighted EQT as a top pure-play U.S. natural gas producer with disciplined capital spending and a long drilling runway, while also pointing to its growing LNG strategy as a potential long-term advantage.
• Neutral Sentiment: Reports of EQT naming co-heads for its Private Capital Asia business are more relevant to the asset manager EQT AB than EQT Corporation, so they are unlikely to affect EQT Corporation shares.
• Neutral Sentiment: Coverage noting that weaker Q2 natural gas prices could cloud near-term upside suggests the commodity backdrop may cap short-term gains for the stock.
• Neutral Sentiment: Mentions of a Google Cloud partnership and AI adoption also appear tied to EQT AB rather than EQT Corporation and are unlikely to be a direct driver for the U.S. energy producer.

About EQT

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.