Dimensional Fund Advisors LP Acquires 36,122 Shares of Equinor ASA $EQNR

Key Points

• Dimensional Fund Advisors increased its Equinor stake by 24.6% in the first quarter, acquiring 36,122 shares and bringing its holdings to 182,992 shares valued at approximately $7.7 million.
• Analyst sentiment remains mixed, with Equinor carrying a consensus “Hold” rating and an average price target of $39.20, below its reported opening price of $40.98.
• Equinor reported quarterly EPS of $1.33, slightly below the $1.39 consensus estimate, while announcing a quarterly dividend of $0.39, equivalent to a 3.8% annualized yield.

Dimensional Fund Advisors LP boosted its holdings in Equinor ASA (NYSE:EQNR - Free Report) by 24.6% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 182,992 shares of the company's stock after purchasing an additional 36,122 shares during the quarter. Dimensional Fund Advisors LP's holdings in Equinor ASA were worth $7,722,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Bank of America Corp DE increased its holdings in shares of Equinor ASA by 30.2% during the third quarter. Bank of America Corp DE now owns 15,759,942 shares of the company's stock worth $384,227,000 after purchasing an additional 3,659,611 shares during the period. DV Equities LLC bought a new stake in shares of Equinor ASA in the fourth quarter valued at approximately $16,217,000. Voloridge Investment Management LLC grew its position in Equinor ASA by 143.2% during the fourth quarter. Voloridge Investment Management LLC now owns 880,931 shares of the company's stock worth $20,816,000 after buying an additional 518,646 shares in the last quarter. Morgan Stanley grew its position in Equinor ASA by 5.6% during the fourth quarter. Morgan Stanley now owns 9,250,933 shares of the company's stock worth $218,600,000 after buying an additional 493,801 shares in the last quarter. Finally, Jump Financial LLC increased its stake in Equinor ASA by 105.4% during the 4th quarter. Jump Financial LLC now owns 863,441 shares of the company's stock worth $20,403,000 after acquiring an additional 443,041 shares during the period. Institutional investors own 5.51% of the company's stock.

Analyst Upgrades and Downgrades

EQNR has been the subject of several analyst reports. TD Cowen lifted their price objective on Equinor ASA from $37.00 to $38.00 and gave the company a "hold" rating in a report on Friday, July 24th. Zacks Research lowered Equinor ASA from a "strong-buy" rating to a "hold" rating in a report on Monday, May 25th. Royal Bank Of Canada raised Equinor ASA from an "underperform" rating to a "sector perform" rating in a research note on Thursday, July 23rd. Wall Street Zen upgraded shares of Equinor ASA from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Finally, Weiss Ratings raised shares of Equinor ASA from a "hold (c+)" rating to a "buy (b)" rating in a report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Equinor ASA has a consensus rating of "Hold" and a consensus price target of $39.20.

Equinor ASA Stock Up 5.3%

NYSE EQNR opened at $40.98 on Tuesday. The business has a fifty day moving average price of $36.01 and a two-hundred day moving average price of $35.22. The stock has a market capitalization of $97.97 billion, a PE ratio of 11.17, a PEG ratio of 2.56 and a beta of 0.04. Equinor ASA has a fifty-two week low of $22.26 and a fifty-two week high of $43.46. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.18 and a quick ratio of 1.10.

Equinor ASA (NYSE:EQNR - Get Free Report) last issued its quarterly earnings results on Tuesday, July 21st. The company reported $1.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.39 by ($0.06). Equinor ASA had a net margin of 7.92% and a return on equity of 23.60%. The business had revenue of $34.02 billion during the quarter, compared to the consensus estimate of $34.03 billion. Equities analysts expect that Equinor ASA will post 4.93 earnings per share for the current fiscal year.

Equinor ASA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Monday, November 16th will be given a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Monday, November 16th. Equinor ASA's payout ratio is currently 34.88%.

Equinor ASA Profile

Equinor ASA NYSE: EQNR is a Norway-based integrated energy company headquartered in Stavanger. Historically established as Statoil in the 1970s to develop Norway's petroleum resources, the company changed its name to Equinor in 2018 to reflect a strategic shift toward a broader energy portfolio. Equinor's operations span the full upstream value chain, including exploration, development and production of oil and natural gas, alongside trading and marketing activities that support its global commercial operations.

In recent years Equinor has pursued a transition strategy that combines continued development of conventional oil and gas resources with growing investments in low‑carbon energy.

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