This afternoon we watched Equinor rise 2.1% to a price of $23.55 per share. The Large-Cap Oil & Gas Integrated company is now trading -16.55% below its average target price of $28.22. Analysts have set target prices ranging from $22.0 to $30.9 per share for Equinor, and have given the stock an average rating of buy.
Equinor's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.1%. The stock's short ratio is 5.4. At 0.0%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation.
Another number to watch is the company's rate of institutional share ownership, which now stands at 6.0%. In conclusion, we believe there is mixed market sentiment regarding Equinor.
Institutions Invested in Equinor
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Folketrygdfondet | 4% | 107,165,607 | $2,523,749,963 |
| 2024-09-30 | FMR, LLC | 1% | 14,353,049 | $338,014,292 |
| 2024-09-30 | Arrowstreet Capital, Limited Partnership | 0% | 10,776,885 | $253,795,633 |
| 2024-09-30 | Goldman Sachs Group Inc | 0% | 4,428,674 | $104,295,269 |
| 2024-09-30 | Bank of America Corporation | 0% | 3,932,683 | $92,614,681 |
| 2024-09-30 | Earnest Partners LLC | 0% | 3,766,486 | $88,700,742 |
| 2024-09-30 | Wellington Management Group, LLP | 0% | 3,751,243 | $88,341,769 |
| 2024-09-30 | Morgan Stanley | 0% | 2,614,489 | $61,571,213 |
| 2024-09-30 | Balyasny Asset Management LLC | 0% | 1,868,830 | $44,010,945 |
| 2024-09-30 | Two Sigma Investments, LP | 0% | 1,308,939 | $30,825,512 |
