Key events have shaped the progress of EQT Co. (NYSE:EQT) with various entities buying and selling its shares. Notably, Fielder Capital Group LLC and Fort Sheridan Advisors LLC have acquired significant numbers of shares, while entities like the Bank of New York Mellon Corp and New York State Common Retirement Fund have reduced their stock positions. UBS Group raised EQT's price target to $58.00 reflecting confidence in its potential.
Recently, EQT revised its 2025 production guidance upwards by 7.75% and completed a public offering for Waystar Holding Corp's common stock, earning $393M in the process. The company has also demonstrated strong performance with higher quarter four earnings. This robust financial performance is positively influencing market sentiment. Alongside this, EQT has affirmed a dividend of $0.1575 and reached a 52-week high of $54.07.
EQT is set to benefit heavily from an expected surge in natural gas prices. The company's stock was also highlighted by billionaire Steve Cohen as one of his top picks, signifying substantial market confidence. Internally, EQT has introduced a new 2025 short-term incentive plan and continues to demonstrate dedication towards substantial future growth.
Eqt Stocks EQT News Analytics from Mon, 07 Oct 2024 07:00:00 GMT to Sat, 01 Mar 2025 12:01:15 GMT - Rating 8 - Innovation 6 - Information 8 - Rumor 4
