44 Wealth Management LLC Boosts Stock Holdings in EOG Resources, Inc. $EOG

44 Wealth Management LLC grew its holdings in EOG Resources, Inc. (NYSE:EOG) by 51.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,464 shares of the energy exploration company’s stock after purchasing an additional 3,900 shares during the period. 44 Wealth Management LLC’s holdings in EOG Resources were worth $1,657,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of EOG. Sivia Capital Partners LLC bought a new position in EOG Resources in the 2nd quarter worth about $258,000. Quantbot Technologies LP bought a new position in shares of EOG Resources in the 2nd quarter worth $349,000. Gamco Investors INC. ET AL increased its holdings in shares of EOG Resources by 216.1% in the 2nd quarter. Gamco Investors INC. ET AL now owns 6,560 shares of the energy exploration company’s stock worth $785,000 after buying an additional 4,485 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of EOG Resources by 2.0% during the 2nd quarter. NewEdge Advisors LLC now owns 22,780 shares of the energy exploration company’s stock valued at $2,725,000 after buying an additional 444 shares in the last quarter. Finally, Sei Investments Co. raised its position in shares of EOG Resources by 4.4% during the 2nd quarter. Sei Investments Co. now owns 362,446 shares of the energy exploration company’s stock valued at $43,356,000 after buying an additional 15,250 shares in the last quarter. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

EOG Resources Stock Up 0.8%

Shares of NYSE:EOG opened at $146.62 on Friday. The stock’s 50-day moving average price is $136.76 and its 200-day moving average price is $129.90. EOG Resources, Inc. has a 12-month low of $101.59 and a 12-month high of $151.87. The stock has a market capitalization of $78.09 billion, a P/E ratio of 14.43 and a beta of 0.25. The company has a current ratio of 1.72, a quick ratio of 1.53 and a debt-to-equity ratio of 0.26.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Tuesday, May 5th. The energy exploration company reported $3.41 EPS for the quarter, topping the consensus estimate of $3.23 by $0.18. EOG Resources had a return on equity of 19.25% and a net margin of 23.01%.The firm had revenue of $6.92 billion for the quarter, compared to the consensus estimate of $6.18 billion. During the same quarter in the previous year, the business earned $2.87 earnings per share. The company’s quarterly revenue was up 22.1% on a year-over-year basis. On average, equities analysts anticipate that EOG Resources, Inc. will post 16.16 earnings per share for the current year.

EOG Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be given a $1.02 dividend. The ex-dividend date is Friday, July 17th. This represents a $4.08 annualized dividend and a yield of 2.8%. EOG Resources’s payout ratio is presently 40.16%.

Analyst Upgrades and Downgrades

EOG has been the subject of a number of research analyst reports. Morgan Stanley dropped their price objective on shares of EOG Resources from $160.00 to $156.00 and set an “equal weight” rating for the company in a report on Friday, June 26th. Wolfe Research raised their price target on EOG Resources from $152.00 to $154.00 and gave the company an “outperform” rating in a research report on Monday, April 6th. JPMorgan Chase & Co. dropped their price target on EOG Resources from $148.00 to $142.00 and set a “neutral” rating for the company in a research note on Tuesday, June 30th. Royal Bank Of Canada upped their price objective on EOG Resources from $138.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, April 8th. Finally, DA Davidson increased their price objective on EOG Resources from $148.00 to $153.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and sixteen have given a Hold rating to the company. According to MarketBeat, EOG Resources has an average rating of “Moderate Buy” and an average target price of $155.32.

More EOG Resources News

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

• Positive Sentiment: Zacks Research raised its Q2 2026 EPS estimate to $4.80 from $4.67, signaling improved expectations for near-term profitability.
• Positive Sentiment: The firm also increased its Q4 2026 EPS estimate to $3.50 from $3.36 and lifted its Q1 2028 and FY2028 EPS forecasts, which suggests a somewhat better longer-term earnings outlook.
• Neutral Sentiment: Zacks Research kept a Hold rating on EOG, so the updates were not an outright bullish recommendation despite the higher estimates.
• Negative Sentiment: Some forecasts were reduced, including Q3 2026 EPS, Q1 2027 EPS, Q2 2027 EPS, FY2026 EPS and FY2027 EPS, which could temper enthusiasm about future earnings growth.

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.