Ameriprise Financial Inc. Decreases Stock Holdings in EOG Resources, Inc. $EOG

Ameriprise Financial Inc. decreased its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 26.4% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,448,165 shares of the energy exploration company’s stock after selling 2,311,852 shares during the quarter. Ameriprise Financial Inc. owned about 1.19% of EOG Resources worth $721,426,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in EOG. Hemington Wealth Management lifted its position in EOG Resources by 7.2% in the third quarter. Hemington Wealth Management now owns 1,383 shares of the energy exploration company’s stock worth $155,000 after buying an additional 93 shares during the last quarter. apricus wealth LLC grew its holdings in EOG Resources by 5.0% during the 3rd quarter. apricus wealth LLC now owns 2,002 shares of the energy exploration company’s stock valued at $224,000 after purchasing an additional 95 shares during the last quarter. Sowell Financial Services LLC grew 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. Hardy Reed LLC raised its position in EOG Resources by 4.5% in the 3rd quarter. Hardy Reed LLC now owns 2,267 shares of the energy exploration company’s stock worth $254,000 after purchasing an additional 97 shares during the period. Finally, RKL Wealth Management LLC raised its position in EOG Resources by 0.5% in the 3rd quarter. RKL Wealth Management LLC now owns 21,235 shares of the energy exploration company’s stock worth $2,381,000 after purchasing an additional 98 shares during the period. 89.91% of the stock is owned by hedge funds and other institutional investors.

More EOG Resources News

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

• Positive Sentiment: Macro: Rising oil prices amid renewed Middle East tensions are lifting sentiment across integrated and exploration names, creating a favorable commodity backdrop for EOG’s revenue and cash‑flow outlook. Oil Price Back to the Glory Days: Will XOM, EOG & COP Gain?
• Positive Sentiment: Company fundamentals: EOG reported better‑than‑expected Q4 results with production of ~1.40 mboe/d and benefit from higher natural gas prices — a direct driver of near‑term cash flow and the recent analyst bullishness. EOG Surpasses Profit Projections with Solid Output and Rising Gas Prices
• Positive Sentiment: Analyst action: Piper Sandler raised its price target on EOG to $144 (still a “neutral” rating), implying roughly mid‑single‑digit to low‑double‑digit upside versus recent levels and signaling confidence in the medium‑term outlook. Piper Sandler raises price target
• Neutral Sentiment: Mixed analyst revisions: Zacks has both raised several later‑cycle estimates (FY2028 / Q3 2027) and revised some quarterly forecasts upward — a signal that longer‑term earnings power remains intact but timing of recovery is uncertain. Investors should treat these as model updates rather than a change in the company’s competitive position. MarketBeat EOG overview
• Negative Sentiment: Near‑term downward revisions: Zacks recently cut several near‑term EPS forecasts and trimmed FY2026 estimates materially (e.g., to ~$7.56 from prior levels), and maintains a “Hold” stance — this raises the risk of earnings disappointment or lower near‑term guidance that could cap multiple expansion. Q3 EPS Estimates Lowered by Zacks Research

EOG Resources Stock Performance

Shares of EOG Resources stock opened at $133.75 on Monday. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27. The stock’s fifty day moving average price is $116.41 and its 200-day moving average price is $112.46. The firm has a market cap of $71.76 billion, a P/E ratio of 14.68 and a beta of 0.44. EOG Resources, Inc. has a 12 month low of $101.59 and a 12 month high of $136.14.

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

EOG Resources Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Thursday, April 16th. EOG Resources’s dividend payout ratio is presently 44.79%.

Insider Activity at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $130.00, for a total value of $260,000.00. Following the sale, the chief operating officer directly owned 88,045 shares in the company, valued at approximately $11,445,850. This trade represents a 2.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 7,774 shares of company stock worth $945,895 over the last ninety days. Corporate insiders own 0.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on EOG shares. Wolfe Research increased their price target on EOG Resources from $140.00 to $152.00 in a report on Monday, March 9th. Weiss Ratings restated a “hold (c)” rating on shares of EOG Resources in a report on Thursday, January 22nd. Piper Sandler upped their price objective on EOG Resources from $127.00 to $144.00 and gave the company a “neutral” rating in a research report on Thursday. KeyCorp lowered EOG Resources from an “overweight” rating to a “sector weight” rating in a research note on Friday, January 16th. Finally, Scotiabank set a $123.00 target price on EOG Resources and gave the stock a “sector perform” rating in a research report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seventeen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, EOG Resources presently has an average rating of “Hold” and a consensus price target of $136.42.

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.