Foster & Motley Inc. lessened its stake in EOG Resources, Inc. (NYSE:EOG – Free Report) by 16.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 41,616 shares of the energy exploration company’s stock after selling 8,083 shares during the quarter. Foster & Motley Inc.’s holdings in EOG Resources were worth $4,370,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Cullen Capital Management LLC grew its holdings in shares of EOG Resources by 4.7% in the second quarter. Cullen Capital Management LLC now owns 576,470 shares of the energy exploration company’s stock valued at $68,952,000 after purchasing an additional 25,753 shares during the period. Rockland Trust Co. increased its position in EOG Resources by 5.1% during the third quarter. Rockland Trust Co. now owns 246,326 shares of the energy exploration company’s stock worth $27,618,000 after purchasing an additional 11,965 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S raised its stake in EOG Resources by 21.0% during the third quarter. BI Asset Management Fondsmaeglerselskab A S now owns 65,820 shares of the energy exploration company’s stock worth $7,380,000 after purchasing an additional 11,442 shares during the period. Legal & General Group Plc raised its stake in EOG Resources by 2.1% during the third quarter. Legal & General Group Plc now owns 3,394,236 shares of the energy exploration company’s stock worth $380,562,000 after purchasing an additional 68,888 shares during the period. Finally, AlphaQuest LLC boosted its holdings in EOG Resources by 1,413.5% in the 3rd quarter. AlphaQuest LLC now owns 25,533 shares of the energy exploration company’s stock valued at $2,863,000 after purchasing an additional 23,846 shares during the last quarter. Hedge funds and other institutional investors own 89.91% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on the stock. Jefferies Financial Group raised their price target on shares of EOG Resources from $140.00 to $146.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Mizuho upped their price objective on EOG Resources from $134.00 to $146.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. The Goldman Sachs Group lowered their price objective on EOG Resources from $125.00 to $123.00 and set a “neutral” rating for the company in a research report on Thursday, January 22nd. KeyCorp cut EOG Resources from an “overweight” rating to a “sector weight” rating in a research note on Friday, January 16th. Finally, Johnson Rice reduced their target price 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. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eighteen have issued a Hold rating to the company. According to MarketBeat, EOG Resources presently has a consensus rating of “Hold” and an average price target of $140.81.
EOG Resources Price Performance
Shares of EOG opened at $144.38 on Wednesday. The firm has a 50-day simple moving average of $124.99 and a two-hundred day simple moving average of $114.21. The stock has a market cap of $77.35 billion, a PE ratio of 15.85, a P/E/G ratio of 3.12 and a beta of 0.44. EOG Resources, Inc. has a 1-year low of $101.59 and a 1-year high of $151.87. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.63 and a quick ratio of 1.42.
EOG Resources (NYSE:EOG – Get Free Report) last issued 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 firm had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.36 billion. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The business’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period in the prior year, the business posted $2.74 EPS. As a group, analysts forecast that EOG Resources, Inc. will post 11.47 EPS for the current 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 paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Thursday, April 16th. EOG Resources’s dividend payout ratio is 44.79%.
EOG Resources News Summary
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: Zacks highlights that analysts have been raising EOG’s earnings estimates, signaling upside momentum and supporting recent share gains. This kind of estimate revision often precedes further stock strength if commodity/pricing trends hold. Surging Earnings Estimates Signal Upside for EOG Resources (EOG) Stock
- Positive Sentiment: Zacks also profiles EOG as a strong momentum candidate, noting technical and fundamental factors that may attract momentum traders and support continued inflows. What Makes EOG Resources (EOG) a Strong Momentum Stock: Buy Now?
- Positive Sentiment: An independent price‑target bump to $155 was reported, signaling some analyst optimism on upside vs. prior targets and potentially supporting the stock if adopted by larger desks. EOG Resources (NYSE:EOG) Price Target Raised to $155.00
- Neutral Sentiment: Citi raised its price target on EOG to $150 but maintained a “hold/neutral” rating — a mixed signal: higher valuation reference but no upgrade to “buy,” which can limit immediate upside from institutional flows. EOG Resources (EOG) Gets a Hold from Citi
- Neutral Sentiment: Zacks’ broader coverage pieces (earnings‑ESP and stocks‑to‑watch articles) mention EOG among names that could beat or show momentum — helpful for visibility but not definitive near‑term catalysts. These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
- Negative Sentiment: A Yahoo Finance comparison piece notes Chord Energy (CHRD) has outperformed some oils & energy peers this year, calling out relative underperformance that can pressure EOG’s stock as investors rotate into stronger short‑term performers. Relative weakness versus a high‑momentum peer likely contributes to today’s pullback. Are Oils-Energy Stocks Lagging Chord Energy Corporation (CHRD) This Year?
Insiders Place Their Bets
In related news, CFO Ann D. Janssen sold 4,161 shares of the business’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $140.04, for a total value of $582,706.44. Following the sale, the chief financial officer owned 100,246 shares in the company, valued at approximately $14,038,449.84. The trade was a 3.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Jeffrey R. Leitzell sold 2,000 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $125.00, for a total value of $250,000.00. Following the transaction, the chief operating officer directly owned 61,481 shares in the company, valued at approximately $7,685,125. The trade was a 3.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 12,532 shares of company stock worth $1,666,045 over the last 90 days. 0.13% of the stock is owned by insiders.
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.
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