DAVENPORT & Co LLC boosted its position in shares of EOG Resources, Inc. (NYSE:EOG – Free Report) by 12.0% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 905,408 shares of the energy exploration company’s stock after buying an additional 97,135 shares during the period. DAVENPORT & Co LLC’s holdings in EOG Resources were worth $95,246,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in the company. First Trust Advisors LP boosted its stake in shares of EOG Resources by 64.1% in the second quarter. First Trust Advisors LP now owns 3,728,128 shares of the energy exploration company’s stock worth $445,921,000 after acquiring an additional 1,456,928 shares during the last quarter. Capital World Investors raised its stake in EOG Resources by 1.4% in the 3rd quarter. Capital World Investors now owns 54,907,949 shares of the energy exploration company’s stock valued at $6,156,495,000 after purchasing an additional 782,426 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in EOG Resources in the 3rd quarter valued at $87,193,000. TD Asset Management Inc lifted its holdings in EOG Resources by 288.1% in the 3rd quarter. TD Asset Management Inc now owns 892,482 shares of the energy exploration company’s stock valued at $100,065,000 after purchasing an additional 662,539 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in EOG Resources by 140.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 1,102,999 shares of the energy exploration company’s stock valued at $115,826,000 after purchasing an additional 644,569 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.
Insider Transactions at EOG Resources
In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of the business’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 transaction, the chief operating officer directly owned 61,481 shares in the company, valued at $7,685,125. The trade was a 3.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Ann D. Janssen sold 4,161 shares of the stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total transaction of $582,706.44. Following the completion of the sale, the chief financial officer directly owned 100,246 shares of the company’s stock, valued at approximately $14,038,449.84. This trade represents a 3.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 14,532 shares of company stock worth $1,877,405 over the last ninety days. 0.13% of the stock is owned by insiders.
EOG Resources Stock Up 2.1%
EOG Resources (NYSE:EOG – Get Free Report) last posted its quarterly earnings results 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 company’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.74 EPS. On average, research analysts expect that EOG Resources, Inc. will post 11.47 earnings per share for the current year.
EOG Resources Dividend Announcement
The company also recently announced 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. 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 2.9%. EOG Resources’s payout ratio is 44.79%.
Analyst Ratings Changes
A number of research firms have recently issued reports on EOG. UBS Group upped their target price on shares of EOG Resources from $141.00 to $149.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. Piper Sandler raised their price target on shares of EOG Resources from $127.00 to $144.00 and gave the stock a “neutral” rating in a research note on Thursday, March 12th. The Goldman Sachs Group lowered their price target on shares of EOG Resources from $125.00 to $123.00 and set a “neutral” rating on the stock in a research report on Thursday, January 22nd. Susquehanna dropped their price objective on shares of EOG Resources from $151.00 to $144.00 and set a “positive” rating for the company in a research note on Thursday, February 26th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $126.00 price objective (down from $144.00) on shares of EOG Resources in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eighteen have assigned a Hold rating to the company. According to MarketBeat, EOG Resources has an average rating of “Hold” and an average target price of $138.52.
Read Our Latest Analysis on EOG Resources
More EOG Resources News
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: EOG is being highlighted by sector coverage as positioned to benefit from higher crude prices and Middle East tensions — a tailwind for upstream producers and supportive of cash flow and valuations. 3 Stocks Positioned to Gain From Ongoing Elevation in Crude Price
- Positive Sentiment: Company fundamentals still supportive: EOG reported an EPS beat in late Feb and recently declared a $1.02 quarterly dividend (annualized $4.08, ~2.9% yield), which underscores cash returns to shareholders and helps investor sentiment. EOG Insider/Dividend and SEC filing references
- Neutral Sentiment: EOG scheduled its Q1 2026 results conference call and webcast for May 6 — an upcoming catalyst that could drive volatility depending on production, pricing, and guidance detail. EOG Resources Schedules Conference Call and Webcast
- Neutral Sentiment: Truist initiated coverage with a “hold” and $146 price target — implies only modest upside from current levels and signals mixed near-term analyst conviction. Benzinga coverage note
- Negative Sentiment: Insider selling: CFO Ann Janssen sold 4,161 shares (~$583k) in a disclosed March transaction, which can be read negatively by some investors as reduced insider conviction (though she still holds a large position). EOG Resources CFO Sells Stock
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.
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