CI Investments Inc. Decreases Position in EOG Resources, Inc. $EOG

CI Investments Inc. decreased its holdings in EOG Resources, Inc. (NYSE:EOG) by 7.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,739 shares of the energy exploration company’s stock after selling 5,919 shares during the quarter. CI Investments Inc.’s holdings in EOG Resources were worth $8,716,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Sivia Capital Partners LLC acquired a new position in shares of EOG Resources during the second quarter valued at about $258,000. Commonwealth Retirement Investments LLC purchased a new stake in EOG Resources during the 2nd quarter worth approximately $1,152,000. GPS Wealth Strategies Group LLC increased its stake in EOG Resources by 16.8% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,317 shares of the energy exploration company’s stock valued at $158,000 after purchasing an additional 189 shares in the last quarter. Simmons Bank raised its holdings in shares of EOG Resources by 7.4% in the second quarter. Simmons Bank now owns 11,126 shares of the energy exploration company’s stock worth $1,331,000 after buying an additional 771 shares during the last quarter. Finally, TKG Advisors LLC raised its holdings in shares of EOG Resources by 110.3% in the second quarter. TKG Advisors LLC now owns 4,427 shares of the energy exploration company’s stock worth $530,000 after buying an additional 2,322 shares during the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on EOG shares. Weiss Ratings reissued a “hold (c)” rating on shares of EOG Resources in a research report on Thursday, January 22nd. Piper Sandler set a $123.00 price objective on EOG Resources and gave the company a “neutral” rating in a report on Wednesday, January 28th. UBS Group lifted their target price on EOG Resources from $141.00 to $149.00 and gave the stock a “buy” rating in a report on Monday. Sanford C. Bernstein reiterated a “market perform” rating and issued a $126.00 target price (down from $144.00) on shares of EOG Resources in a research report on Monday, January 5th. Finally, Morgan Stanley set a $128.00 price target on shares of EOG Resources and gave the stock an “equal weight” rating in a research report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seventeen have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $135.15.

Insider Buying and Selling at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 2,000 shares of the stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $125.00, for a total transaction of $250,000.00. Following the sale, the chief operating officer directly owned 61,481 shares of the company’s stock, valued at $7,685,125. This represents a 3.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders have sold a total of 7,774 shares of company stock valued at $945,895 in the last three months. Corporate insiders own 0.13% of the company’s stock.

Key Headlines Impacting EOG Resources

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

• Positive Sentiment: BMO Capital Markets raised its price target to $140 and maintained an “outperform” rating, signaling roughly 9% upside vs. the current level. BMO Capital PT Raise
• Positive Sentiment: UBS raised its price target to $149 and kept a “buy” rating — a larger implied upside (~16%) that can support further buying interest. UBS PT Raise
• Positive Sentiment: Zacks Research upgraded EOG from “strong sell” to “hold,” reducing a negative analyst stance and removing a potential headwind to sentiment. Zacks Upgrade
• Neutral Sentiment: Coverage and commentary note recent share-price momentum (double-digit moves over 1–3 months) and ask whether valuation now matches fundamentals — this keeps EOG on investors’ radar but is mixed for near-term direction. Valuation Analysis
• Neutral Sentiment: Management presented at the Raymond James institutional conference (transcript available), providing investor access to strategy and execution commentary — useful for longer-term conviction but not an immediate catalyst. Conference Transcript
• Neutral Sentiment: Finance press pieces discuss relative performance vs. the Dow and broader energy/LNG sector headlines (e.g., Venture Global results) — useful context but not directly company-specific catalysts. Performance Discussion Sector Headline
• Negative Sentiment: COO Jeffrey R. Leitzell sold 2,000 shares on March 3 at an average $130 and 1,774 shares on March 2 at $126.57, trimming his stake by ~2% across the two trades. Insider sales can be viewed negatively by some investors, though the sizes are modest relative to his remaining holdings. SEC Filing

EOG Resources Price Performance

EOG Resources stock opened at $128.01 on Thursday. The business’s 50-day moving average price is $112.67 and its 200 day moving average price is $111.93. The company has a quick ratio of 1.42, a current ratio of 1.63 and a debt-to-equity ratio of 0.27. The firm has a market cap of $68.68 billion, a price-to-earnings ratio of 14.05 and a beta of 0.44. EOG Resources, Inc. has a 52 week low of $101.59 and a 52 week high of $131.32.

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, topping the consensus estimate of $2.20 by $0.07. The business had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.36 billion. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The business’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.74 EPS. As a group, sell-side analysts anticipate that EOG Resources, Inc. will post 11.47 earnings per share for the current year.

EOG Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be issued 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 yield of 3.2%. EOG Resources’s payout ratio is presently 44.79%.

EOG Resources 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.