EOG Resources, Inc. $EOG Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. cut its position in EOG Resources, Inc. (NYSE:EOG) by 33.0% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,385 shares of the energy exploration company’s stock after selling 11,011 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in EOG Resources were worth $2,510,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in EOG. First Trust Advisors LP lifted its stake in EOG Resources by 64.1% in the second quarter. First Trust Advisors LP now owns 3,728,128 shares of the energy exploration company’s stock valued at $445,921,000 after buying an additional 1,456,928 shares during the last quarter. Prudential Financial Inc. raised its position in EOG Resources by 282.3% in the 2nd quarter. Prudential Financial Inc. now owns 1,546,058 shares of the energy exploration company’s stock valued at $184,924,000 after purchasing an additional 1,141,680 shares during the last quarter. Jupiter Asset Management Ltd. raised its position in EOG Resources by 122.6% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 907,231 shares of the energy exploration company’s stock valued at $108,514,000 after purchasing an additional 499,610 shares during the last quarter. Invesco Ltd. boosted its stake in EOG Resources by 7.0% during the 2nd quarter. Invesco Ltd. now owns 4,494,503 shares of the energy exploration company’s stock worth $537,588,000 after purchasing an additional 294,641 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in EOG Resources during the 2nd quarter worth $33,874,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

EOG Resources Stock Down 0.7%

EOG stock opened at $107.58 on Tuesday. The company has a current ratio of 1.62, a quick ratio of 1.43 and a debt-to-equity ratio of 0.25. The company’s 50-day moving average price is $106.64 and its 200 day moving average price is $111.98. EOG Resources, Inc. has a 52 week low of $101.59 and a 52 week high of $135.87. The company has a market cap of $58.37 billion, a P/E ratio of 10.72, a P/E/G ratio of 9.00 and a beta of 0.49.

EOG Resources (NYSE:EOG) last posted its quarterly earnings results on Thursday, November 6th. The energy exploration company reported $2.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.42 by $0.29. The company had revenue of $5.85 billion during the quarter, compared to the consensus estimate of $5.48 billion. EOG Resources had a net margin of 24.49% and a return on equity of 19.80%. The company’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same period last year, the firm earned $2.89 EPS. On average, research analysts expect that EOG Resources, Inc. will post 11.47 earnings per share for the current fiscal year.

EOG Resources Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Friday, January 16th. EOG Resources’s payout ratio is presently 40.64%.

EOG Resources News Roundup

Here are the key news stories impacting EOG Resources this week:

• Positive Sentiment: Wolfe Research raised its price target to $137 and maintained an “outperform” rating, signaling continued analyst confidence and providing upside support for the stock. Read More.
• Positive Sentiment: A recent STOCK Act disclosure shows Senator Katie Boyd Britt purchased EOG shares; political insider buying can be viewed positively by some investors as a signal of confidence. Read More.
• Neutral Sentiment: Susquehanna cut its price target from $161 to $151 but kept a “positive” rating — a downgrade in near‑term valuation that still reflects constructive medium‑term views; this mixed message can offset some buying interest. Read More.
• Neutral Sentiment: Sector and dividend screens mention EOG in broader lists and analyses; standalone articles about energy‑sector developments and dividend stock ideas add informational context but are unlikely to move the stock materially today. Read More. • Read More.
• Negative Sentiment: Roth MKM cut its price target to $108 — a near‑term downgrade that increases downside pressure and is likely contributing to the stock decline. Read More.
• Negative Sentiment: JPMorgan issued a pessimistic forecast for EOG’s stock price in a recent note, adding further negative analyst sentiment that can prompt selling or caution among investors. Read More.

Insiders Place Their Bets

In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of the company’s stock in a transaction on Wednesday, December 31st. The stock was sold at an average price of $105.68, for a total value of $211,360.00. Following the sale, the chief operating officer owned 54,979 shares of the company’s stock, valued at approximately $5,810,180.72. This represents a 3.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.13% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. Morgan Stanley set a $128.00 target price on shares of EOG Resources and gave the company an “equal weight” rating in a report on Friday. Johnson Rice dropped their price target on EOG Resources from $145.00 to $135.00 and set a “hold” rating on the stock in a research report on Friday, December 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of EOG Resources in a research report on Thursday. Susquehanna lowered their target price on EOG Resources from $161.00 to $151.00 and set a “positive” rating on the stock in a research note on Monday. Finally, Mizuho set a $134.00 price target on EOG Resources and gave the stock a “neutral” rating in a report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, EOG Resources currently has an average rating of “Hold” and an average target price of $134.07.

About EOG Resources

EOG Resources, Inc (NYSE: EOG) is an independent exploration and production company headquartered in Houston, Texas. Tracing its corporate origins to Enron Oil & Gas Company in the late 1990s, the company established itself as a stand‑alone E&P operator and has grown into one of the largest U.S. upstream producers. EOG focuses on the exploration, development and production of crude oil, condensate, natural gas and natural gas liquids (NGLs).

As an upstream-focused company, EOG’s core activities include geologic and geophysical exploration, drilling and completion of wells, reservoir development, and the marketing of hydrocarbon production.