Victory Capital Management Inc. Buys 177,616 Shares of EOG Resources, Inc. $EOG

Victory Capital Management Inc. grew its position in shares of EOG Resources, Inc. (NYSE:EOG) by 9.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,031,355 shares of the energy exploration company’s stock after purchasing an additional 177,616 shares during the period. Victory Capital Management Inc. owned approximately 0.37% of EOG Resources worth $227,756,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in EOG. Sivia Capital Partners LLC bought a new stake in EOG Resources in the 2nd quarter worth approximately $258,000. Hantz Financial Services Inc. increased its position in EOG Resources by 16.5% in the second quarter. Hantz Financial Services Inc. now owns 930 shares of the energy exploration company’s stock worth $111,000 after purchasing an additional 132 shares during the last quarter. Hutchens & Kramer Investment Management Group LLC raised its stake in EOG Resources by 9.0% during the second quarter. Hutchens & Kramer Investment Management Group LLC now owns 1,710 shares of the energy exploration company’s stock valued at $207,000 after purchasing an additional 141 shares in the last quarter. Intellectus Partners LLC bought a new position in EOG Resources during the second quarter valued at $732,000. Finally, Westside Investment Management Inc. lifted its position in EOG Resources by 9.9% during the second quarter. Westside Investment Management Inc. now owns 2,505 shares of the energy exploration company’s stock valued at $301,000 after purchasing an additional 225 shares during the last quarter. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on EOG shares. KeyCorp cut shares of EOG Resources from an “overweight” rating to a “sector weight” rating in a research report on Friday, January 16th. UBS Group upped their price objective on EOG Resources from $141.00 to $149.00 and gave the company a “buy” rating in a research report on Monday. Piper Sandler set a $123.00 target price on EOG Resources and gave the company a “neutral” rating in a research report on Wednesday, January 28th. Susquehanna decreased their price target on EOG Resources from $151.00 to $144.00 and set a “positive” rating on the stock in a report on Thursday, February 26th. Finally, The Goldman Sachs Group dropped their price objective on shares of EOG Resources from $125.00 to $123.00 and set a “neutral” rating for the company in a research note on Thursday, January 22nd. 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 company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $135.85.

EOG Resources News Summary

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

• Positive Sentiment: Multiple brokerages raised price targets and retained bullish ratings, signaling analyst conviction and supplying near-term upside: Jefferies raised its PT to $146 (buy). Jefferies price target raise
• Positive Sentiment: UBS raised its PT to $149 and kept a buy rating, implying ~16% upside from the quoted reference price — a clear vote of confidence that likely supports the stock’s advance. UBS price target raise
• Positive Sentiment: BMO raised its PT to $140 and maintained an outperform rating, adding to the upward pressure from the dealer community. BMO price target raise
• Positive Sentiment: Company fundamentals and momentum: EOG reported an EPS beat in its most recent quarter (EPS $2.27 vs. $2.20 est.) and has shown strong short-term share momentum (double-digit 1‑ and 3‑month returns), supporting analyst bullishness and investor interest.
• Neutral Sentiment: Zacks moved EOG from “strong sell” to “hold” — an improvement in sentiment but still a cautious stance that offers limited incremental lift compared with outright buy ratings. Zacks upgrade
• Neutral Sentiment: Analyst / industry commentary and events are driving attention: EOG presented at the Raymond James conference (transcript available) and independent write-ups are re-assessing valuation after recent share gains. These items keep the stock on investors’ radar without being binary catalysts. Raymond James conference transcript Valuation reassessment
• Neutral Sentiment: Sector peer results (e.g., Venture Global’s Q4) are mixed — earnings beats but revenue misses — which can influence sentiment for energy names broadly but do not directly change EOG’s near-term fundamentals. Venture Global Q4 results
• Negative Sentiment: Notes that EOG has underperformed the Dow over the past year are keeping some investors cautious; relative underperformance can limit momentum and invite profit-taking even amid fresh upgrades. Is EOG underperforming the Dow? BarChart coverage

EOG Resources Price Performance

Shares of EOG stock opened at $128.09 on Wednesday. The company has a market capitalization of $68.72 billion, a P/E ratio of 14.06 and a beta of 0.44. The company’s 50-day simple moving average is $112.19 and its two-hundred day simple moving average is $111.82. EOG Resources, Inc. has a one year low of $101.59 and a one year high of $131.32. 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) last announced its quarterly earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.20 by $0.07. The firm had revenue of $5.64 billion during 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%.EOG Resources’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.74 earnings per share. As a group, equities analysts anticipate that EOG Resources, Inc. will post 11.47 EPS for the current year.

EOG Resources Dividend Announcement

The company 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 dividend of $1.02 per share. The ex-dividend date is Thursday, April 16th. This represents a $4.08 annualized dividend and a dividend yield of 3.2%. EOG Resources’s dividend payout ratio (DPR) is currently 44.79%.

Insider Buying and Selling at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $125.00, for a total value of $250,000.00. Following the completion of 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.13% of the stock is owned by insiders.

About EOG Resources

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.