QRG Capital Management Inc. Has $2.96 Million Stock Holdings in Equinor ASA $EQNR

Key Points

• QRG Capital Management boosted its stake in Equinor by 38.5% in Q4 to 125,044 shares, a holding valued at about $2.96 million at quarter end.
• Equinor beat Q1 EPS expectations (adjusted EPS $1.48 vs. $1.01 est.), and management announced a second 2026 buy‑back tranche (up to ~$375M) plus a $0.39 quarterly dividend (≈4.2% yield), supporting shareholder returns.
• Offsetting positives, Q1 revenue was slightly below estimates and operating cash generation fell roughly 40% YoY, while several large institutions trimmed positions—leaving a mixed outlook and a consensus Wall Street rating of “Hold.”

QRG Capital Management Inc. lifted its position in shares of Equinor ASA (NYSE:EQNR - Free Report) by 38.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 125,044 shares of the company's stock after purchasing an additional 34,757 shares during the period. QRG Capital Management Inc.'s holdings in Equinor ASA were worth $2,955,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. McIlrath & Eck LLC acquired a new position in shares of Equinor ASA during the 2nd quarter worth about $36,000. Sound Income Strategies LLC increased its stake in shares of Equinor ASA by 119.2% during the 4th quarter. Sound Income Strategies LLC now owns 1,876 shares of the company's stock worth $48,000 after purchasing an additional 1,020 shares during the last quarter. New Millennium Group LLC acquired a new position in shares of Equinor ASA during the 3rd quarter worth about $57,000. CWM LLC increased its stake in shares of Equinor ASA by 20.6% during the 4th quarter. CWM LLC now owns 3,051 shares of the company's stock worth $72,000 after purchasing an additional 522 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Equinor ASA by 172.9% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,174 shares of the company's stock worth $77,000 after purchasing an additional 2,011 shares during the last quarter. 5.51% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Equinor ASA

Here are the key news stories impacting Equinor ASA this week:

• Positive Sentiment: Q1 earnings beat — Equinor reported higher net income and an EPS beat (adjusted EPS ~$1.48) despite mixed top‑line figures; profits and production rose, supporting earnings momentum. Read More.
• Positive Sentiment: Share buy‑back — Equinor is launching a second 2026 buy‑back tranche (up to ~$375M), which is shareholder‑friendly and can support the stock. Read More.
• Positive Sentiment: Dividend confirmed — Board declared a $0.39 quarterly cash dividend (ex‑date/record/pay dates announced), implying a ~4.3% yield that supports income‑oriented holders. Read More.
• Positive Sentiment: Geopolitical support for pricing — Equinor says the Iran war has driven stronger demand for Norwegian petroleum/LNG from Asia‑Pacific, helping near‑term pricing and export interest. Read More.
• Positive Sentiment: Analyst target nudged up — TD Cowen raised its price target from $38 to $40 (hold), a modest vote of confidence that leaves limited upside but reduces downside risk. Read More.
• Neutral Sentiment: Revenue & guidance signals mixed — Q1 revenue was slightly below some estimates and down year‑over‑year (reported ~ $27.8–28.4B across sources), leaving questions on topline momentum even as margins held. Read More.
• Neutral Sentiment: European gas storage outlook — Equinor warned Europe is unlikely to hit an 80% pre‑winter gas storage target, a structural market note that could keep volatility and seasonally higher prices. Read More.
• Negative Sentiment: Cash flow and liquidity deterioration — Operating cash generation fell sharply (reported declines ~40% YoY) and cash balances are down, while liabilities ticked up, increasing near‑term balance‑sheet sensitivity. Read More.
• Negative Sentiment: Large institutional reductions — Data shows several big managers trimmed EQNR positions materially last quarter, which can increase selling pressure or reduce natural buying support. Read More.

Equinor ASA Stock Performance

Shares of Equinor ASA stock opened at $36.92 on Friday. The company has a 50 day moving average of $37.42 and a 200-day moving average of $29.11. Equinor ASA has a 1-year low of $22.26 and a 1-year high of $43.46. The company has a current ratio of 1.27, a quick ratio of 1.16 and a debt-to-equity ratio of 0.64. The company has a market cap of $108.71 billion, a PE ratio of 16.93, a price-to-earnings-growth ratio of 1.31 and a beta of 0.07.

Equinor ASA (NYSE:EQNR - Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.48 earnings per share for the quarter, topping analysts' consensus estimates of $1.01 by $0.47. Equinor ASA had a net margin of 5.30% and a return on equity of 20.33%. The company had revenue of $28.40 billion during the quarter, compared to the consensus estimate of $28.73 billion. As a group, equities research analysts forecast that Equinor ASA will post 4.73 earnings per share for the current fiscal year.

Equinor ASA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Friday, August 14th will be issued a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, August 14th. Equinor ASA's dividend payout ratio is 64.21%.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on EQNR. DZ Bank upgraded shares of Equinor ASA from a "hold" rating to a "strong-buy" rating in a research note on Wednesday. Bank of America lowered shares of Equinor ASA from a "buy" rating to a "neutral" rating in a research note on Thursday, February 5th. TD Cowen upped their price target on shares of Equinor ASA from $38.00 to $40.00 and gave the company a "hold" rating in a research note on Thursday. Morgan Stanley upgraded shares of Equinor ASA from an "underweight" rating to an "equal weight" rating and set a $40.40 price target on the stock in a research note on Tuesday, March 24th. Finally, Pareto Securities lowered shares of Equinor ASA from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 27th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $35.61.

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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