Equinor ASA $EQNR Shares Purchased by XY Capital Ltd

Key Points

• XY Capital Ltd boosted its stake in Equinor by 1,010.6% in Q3, buying an additional 120,257 shares to hold 132,157 shares worth $3.22 million, making EQNR its 12th largest position (≈1.7% of the fund).
• Analyst views are mixed — one Strong Buy, eight Hold and eight Sell — with MarketBeat showing an average rating of "Reduce" and an average price target of $24.71 versus the stock's recent open near $35.29.
• Equinor beat quarterly estimates (EPS $0.81 vs. $0.60; revenue $25.3B vs. $21.31B) and raised its quarterly dividend to $0.39 (annualized $1.56, ~4.4% yield).

XY Capital Ltd raised its holdings in Equinor ASA (NYSE:EQNR - Free Report) by 1,010.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 132,157 shares of the company's stock after buying an additional 120,257 shares during the period. Equinor ASA comprises about 1.7% of XY Capital Ltd's holdings, making the stock its 12th largest position. XY Capital Ltd's holdings in Equinor ASA were worth $3,222,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in EQNR. McIlrath & Eck LLC purchased a new stake in Equinor ASA during the second quarter worth approximately $36,000. New Millennium Group LLC acquired a new stake in Equinor ASA during the third quarter worth approximately $57,000. MAI Capital Management lifted its position in shares of Equinor ASA by 55.6% during the 2nd quarter. MAI Capital Management now owns 2,339 shares of the company's stock worth $59,000 after buying an additional 836 shares during the last quarter. AlphaCore Capital LLC purchased a new stake in shares of Equinor ASA during the 2nd quarter worth approximately $77,000. Finally, Allworth Financial LP boosted its holdings in shares of Equinor ASA by 378.3% in the 2nd quarter. Allworth Financial LP now owns 3,071 shares of the company's stock valued at $77,000 after buying an additional 2,429 shares in the last quarter. 5.51% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently commented on EQNR. Pareto Securities upgraded shares of Equinor ASA from a "hold" rating to a "strong-buy" rating in a research note on Thursday, February 5th. Zacks Research raised Equinor ASA from a "strong sell" rating to a "hold" rating in a research report on Monday, February 9th. Bank of America lowered Equinor ASA from a "buy" rating to a "neutral" rating in a research report on Thursday, February 5th. Jefferies Financial Group assumed coverage on Equinor ASA in a report on Thursday, January 8th. They issued a "hold" rating for the company. Finally, TD Cowen lifted their target price on shares of Equinor ASA from $22.00 to $25.00 and gave the company a "hold" rating in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Hold rating and eight have issued a Sell rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Reduce" and an average price target of $24.71.

Equinor ASA Stock Up 2.7%

EQNR stock opened at $35.29 on Friday. The stock has a market capitalization of $103.93 billion, a PE ratio of 18.58, a price-to-earnings-growth ratio of 4.15 and a beta of 0.35. The company has a fifty day moving average of $27.76 and a 200-day moving average of $25.20. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.16 and a current ratio of 1.27. Equinor ASA has a one year low of $21.41 and a one year high of $35.67.

Equinor ASA (NYSE:EQNR - Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $0.81 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.60 by $0.21. The business had revenue of $25.30 billion for the quarter, compared to analyst estimates of $21.31 billion. Equinor ASA had a net margin of 4.74% and a return on equity of 15.23%. As a group, analysts expect that Equinor ASA will post 3.46 EPS for the current year.

Equinor ASA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Friday, May 15th will be paid a dividend of $0.39 per share. This is a positive change from Equinor ASA's previous quarterly dividend of $0.37. The ex-dividend date of this dividend is Friday, May 15th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.4%. Equinor ASA's dividend payout ratio (DPR) is currently 64.21%.

Equinor ASA Company 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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