EOG Resources, Inc. $EOG Shares Sold by Banque Pictet & Cie SA

Banque Pictet & Cie SA lowered its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 64.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 72,499 shares of the energy exploration company’s stock after selling 132,693 shares during the period. Banque Pictet & Cie SA’s holdings in EOG Resources were worth $7,613,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of EOG. Hemington Wealth Management boosted its stake in shares of EOG Resources by 7.2% in the 3rd quarter. Hemington Wealth Management now owns 1,383 shares of the energy exploration company’s stock valued at $155,000 after purchasing an additional 93 shares in the last quarter. Bollard Group LLC increased its position in shares of EOG Resources by 0.8% during the 3rd quarter. Bollard Group LLC now owns 11,747 shares of the energy exploration company’s stock worth $1,317,000 after purchasing an additional 93 shares in the last quarter. apricus wealth LLC increased its position in shares of EOG Resources by 5.0% during the 3rd quarter. apricus wealth LLC now owns 2,002 shares of the energy exploration company’s stock worth $224,000 after purchasing an additional 95 shares in the last quarter. Sowell Financial Services LLC lifted its holdings in EOG Resources by 1.6% during the 3rd quarter. Sowell Financial Services LLC now owns 6,234 shares of the energy exploration company’s stock valued at $699,000 after purchasing an additional 96 shares during the last quarter. Finally, Hardy Reed LLC lifted its holdings in EOG Resources by 4.5% during the 3rd quarter. Hardy Reed LLC now owns 2,267 shares of the energy exploration company’s stock valued at $254,000 after purchasing an additional 97 shares during the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, COO Jeffrey R. Leitzell sold 5,698 shares of the business’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $150.32, for a total transaction of $856,523.36. Following the completion of the transaction, the chief operating officer owned 88,045 shares in the company, valued at approximately $13,234,924.40. The trade was a 6.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Ann D. Janssen sold 4,161 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total transaction of $582,706.44. Following the completion of the sale, the chief financial officer directly owned 100,246 shares of the company’s stock, valued at $14,038,449.84. The trade was a 3.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 18,230 shares of company stock worth $2,522,568 over the last quarter. 0.13% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Royal Bank Of Canada set a $138.00 price objective on shares of EOG Resources and gave the stock an “outperform” rating in a research note on Tuesday, January 13th. Wolfe Research boosted their target price on EOG Resources from $140.00 to $152.00 in a report on Monday, March 9th. Sanford C. Bernstein restated a “market perform” rating and set a $126.00 price target (down from $144.00) on shares of EOG Resources in a research report on Monday, January 5th. Barclays raised their price target on EOG Resources from $133.00 to $140.00 and gave the company an “equal weight” rating in a report on Monday, March 16th. Finally, Scotiabank upgraded EOG Resources to a “hold” rating in a research report on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eighteen have assigned a Hold rating to the stock. According to MarketBeat, EOG Resources presently has a consensus rating of “Hold” and a consensus target price of $145.04.

EOG Resources Stock Up 1.6%

NYSE:EOG opened at $142.62 on Friday. The company has a quick ratio of 1.42, a current ratio of 1.63 and a debt-to-equity ratio of 0.27. EOG Resources, Inc. has a 12-month low of $101.59 and a 12-month high of $151.87. The stock’s fifty day simple moving average is $126.37 and its 200-day simple moving average is $114.59. The firm has a market capitalization of $76.40 billion, a P/E ratio of 15.65, a P/E/G ratio of 3.01 and a beta of 0.32.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Tuesday, February 24th. The energy exploration company reported $2.27 EPS for the quarter, beating analysts’ consensus estimates of $2.20 by $0.07. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The business had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.36 billion. During the same quarter in the prior year, the company posted $2.74 earnings per share. The firm’s revenue was up .9% on a year-over-year basis. Equities research analysts expect that EOG Resources, Inc. will post 11.47 earnings per share for the current year.

EOG Resources Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.9%. EOG Resources’s dividend payout ratio is 44.79%.

Trending Headlines about EOG Resources

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

• Positive Sentiment: BMO Capital Markets raised its price target to $160 and kept an “outperform” rating, supporting upside expectations for EOG. BMO raises PT to $160
• Positive Sentiment: Stephens raised its target to $170 (equal‑weight), a sizeable upgrade that signals higher analyst valuation for EOG. Stephens raises PT to $170
• Positive Sentiment: EOG reached a new 52‑week high after an analyst upgrade, a near‑term technical/psychological positive for the stock. New 52-week high after upgrade
• Neutral Sentiment: Piper Sandler and Mizuho nudged targets slightly higher (to $147) but maintained neutral ratings, indicating modest upside without a bullish stance. Piper/Mizuho raises
• Neutral Sentiment: Brokerages’ consensus remains roughly a “Hold” on EOG, suggesting mixed views despite recent target lifts. Average recommendation Hold
• Neutral Sentiment: Mizuho specifically cited an improved EBITDA outlook when adjusting its target, a fundamental positive to monitor for earnings sensitivity. Mizuho EBITDA outlook
• Negative Sentiment: Oil prices fell on renewed hopes for a cease‑fire in the Iran conflict and profit‑taking after March’s surge; lower crude directly pressures EOG’s near‑term revenue and cash‑flow outlook. Oil prices fall on cease-fire hopes
• Negative Sentiment: COO Jeffrey Leitzell sold ~5,698 shares at about $150.32 (Mar 31), trimming his stake ~6% — an insider sale that may be viewed negatively by some investors despite being routine diversification. COO insider sale Form 4

EOG Resources Company Profile

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.