EQT Co. (NYSE:EQT) has seen some significant movement in its stock. Empowered Funds LLC and Fidelis Capital Partners, LLC have both sold EQT shares, while brokers including Janney Montgomery Scott LLC, Norden Group LLC, Daiwa Securities Group Inc., and Mirae Asset Global Investments Co have all bought in. Among positive news for equity holders, Duality Advisers LP, and BI Asset Management Fondsmaeglerselskab A S have taken substantial positions in the company, and multiple sources project a price target of $55.00. EQT stock jumped 8% after strong Q1 2024 results and expectations of a strong upcoming dividend performance. On the downside, the company saw a slight dip in value -- attributed to sluggish earnings and insider selling activity. However, the company's fourth quarter and full 2024 year results show promise and sustainable growth. In news from the energy sector, EQT announced plans to buy Equitrans Midstream aiming to boost natural gas margins. Holders of EQT and Equitrans have been alerted to the deadline for preferred stock election. Furthermore, EQT plans to divest Pennsylvania natural-gas assets as part of a strategic revision to reduce breakeven costs. Perficient stock soared because of a $3B takeover by EQT. The company is set to make a significant investment in AI with its $5.5 billion Equitrans deal.
Eqt Stocks EQT News Analytics from Tue, 17 Oct 2023 07:00:00 GMT to Sun, 14 Jul 2024 11:53:10 GMT -
Rating 6
- Innovation 2
- Information 9
- Rumor 3
