Barings 13F: Exits EQT Stake

EQT Corporation (EQT) business photo

Key Points

  • Barings sold its entire stake of 59,017 shares in EQT Corporation, closing out the position entirely.
  • EQT Corporation recently traded around $53.79 per share, sitting above its 50-day moving average.
  • Other large institutions adjusted their holdings in the natural gas producer ahead of its upcoming earnings report.

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Barings closed out its position in EQT Corporation (NYSE: EQT) by selling all 59,017 shares it held, according to a Form 13F filing on October 22, 2026.

EQT EQT Corporation
$54.07 +2.04% year to date
Daily close · Oct 21, 2026

What Changed in Barings's EQT Corporation Position

In the filing, Barings reported selling its entire stake of 59,017 shares, resulting in a final count of zero shares. The complete exit represents a 100.0% reduction from its previous holding.

Other Institutional Activity in EQT Corporation

Orbis Allan Gray Ltd grew its holdings by 3,593,726 shares, ending with 15,706,047 shares worth about $858,649,560.00 following a 29.7% increase. Eagle Capital Management LLC grew its holdings by 11,696,962 shares, ending with 15,356,952 shares worth about $839,564,537.00 following a 319.6% increase. Eagle Capital Management also reported holding 3,659,954 shares valued at roughly $187,389,647.59.

EQT Corporation Stock Down 0.5%

EQT Corporation recently traded around $53.79, up about 1.6% since its 50-day moving average of $52.97. The stock sits below its 200-day moving average of $55.46 and rests 21.2% below its 52-week high of $68.24.

Recent Earnings

EQT Corporation reported trailing twelve-month revenue of $9.29 billion alongside basic earnings of $4.31 per share. The company posted a net profit margin of 29.2% and a return on equity of 11.1%. Its next earnings report is scheduled for October 27, 2026.

Dividend

EQT Corporation pays an annual dividend rate of $0.68 per share, giving it a dividend yield of 1.26%. The payout ratio stands at 15.1%.

Insider Buying and Selling at EQT Corporation

Company insiders executed several transactions prior to the filing. Officer Sarah Fenton sold 4,876 shares on March 16, 2026, for $314,453.00. Director Vicky A Bailey sold 4,116 shares on April 27, 2026, for $246,137.00. Chief Executive Officer Toby Z Rice unloaded 98,714 shares on June 8, 2026, and later sold 175,328 shares on August 14, 2026, for about $9.65 million.

Analysts Set New Price Targets

On September 23, 2026, Citigroup maintained a Buy rating and set a $68.00 price target. Jefferies maintained its Buy rating on September 29, 2026, with a $73.00 target. UBS kept a Buy rating on October 15, 2026, while lowering its target to $76.00. Scotiabank initiated coverage with a Sector Perform rating and a $54.00 target on October 15, 2026. Mizuho maintained an Outperform rating on October 15, 2026, adjusting its target to $68.00. Overall, the stock carries a consensus buy rating with a mean price target of $66.44 across 27 analysts.

About EQT Corporation

EQT Corporation is an energy company based in Canonsburg, Pennsylvania, focused on the exploration, production, and gathering of natural gas in the Appalachian Basin. The firm supplies natural gas, natural gas liquids, and oil to utility, industrial, and marketer customers while managing related pipeline and hedging operations.

Bottom Line

Barings's complete exit from EQT Corporation highlights shifting institutional strategies ahead of the company's upcoming earnings release on October 27, 2026. Investors will closely watch how production metrics and natural gas market trends impact the stock following its recent price movements.

Source: Barings's 13F filing on $EQT (Oct 22, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts

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