Rep. Thomas Kean (R-NJ) Buys EQT Stock

Thomas Kean, a member of the House, disclosed a purchase of EQT Corporation shares valued between $1,001 and $15,000. This transaction occurred on June 1, 2026, and was reported on June 19, 2026. EQT Corporation trades on the NYSE under the ticker EQT.

Other Institutional Activity in EQT Corporation

Institutional investors have been active in EQT Corporation. BlackRock, Inc. increased its holdings by 7,555,369 shares, ending with 60,978,407 shares valued at about $3.88 billion. Vanguard Capital Management LLC established a new position with 40,566,287 shares worth approximately $2.58 billion. State Street Corp added 3,134,525 shares, bringing its total to 38,280,933 shares valued at $2.44 billion. Morgan Stanley also grew its position by 3,705,925 shares, ending with 28,450,551 shares worth around $1.81 billion.

EQT Corporation Stock Up 5.5%

Shares of NYSE:EQT traded near $50.72. EQT Corporation has a market cap of $31.7 billion and a P/E ratio of 9.6. The stock has a 52-week low of $48.47 and a high of $68.24. Its 50-day moving average is $56.24, and its 200-day moving average is $56.57. The company has a current ratio of 0.658 and a debt-to-equity ratio of 20.8.

Recent Earnings

EQT Corporation reported revenue of about $9.36 billion, showing a growth rate of 49.9%. The company's earnings per share (EPS) stood at $5.27, with a net margin of 35.1% and a return on equity (ROE) of 13.4%. The next earnings report is scheduled for July 21, 2026.

Insider Buying and Selling at EQT Corporation

Insider activity at EQT Corporation has been notable. On June 8, 2026, CEO Toby Rice sold 1,731 shares at an average price of $53.46 under a Rule 10b5-1 plan. Earlier, on June 5, 2026, Rice sold 96,983 shares at $54.28. Other insiders, including EVP of Operations J.E.B. Bolen and Chief Accounting Officer Todd James, have also been involved in substantial share transactions.

Analysts Set New Price Targets

On May 5, 2026, Citigroup maintained its 'buy' rating for EQT Corporation, setting a price target of $70. UBS and Wells Fargo also maintained 'buy' ratings with targets of $74 and $79, respectively. The consensus among 24 analysts is a 'buy' recommendation, with a mean target price of $69.96.

About EQT Corporation

EQT Corporation is a major player in the energy sector, focusing on the exploration and production of natural gas and oil. Based in Pittsburgh, Pennsylvania, the company operates primarily in the Appalachian Basin. Under the leadership of CEO Toby Rice, EQT provides natural gas, natural gas liquids, and oil to various customers, including marketers and industrial clients. Established in 1888, EQT employs over 1,500 people and engages in marketing services and risk management.

Bottom Line

Thomas Kean's recent purchase of EQT Corporation shares highlights ongoing interest in the energy sector. EQT's stock performance and insider trading activity are closely watched by investors. This disclosure is part of the STOCK Act, ensuring transparency in political investment activities.