Goehring & Rozencwajg Associates LLC Increases Stock Position in Range Resources Corporation $RRC

Goehring & Rozencwajg Associates LLC boosted its stake in Range Resources Corporation (NYSE:RRC) by 41.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,003,101 shares of the oil and gas exploration company’s stock after acquiring an additional 591,950 shares during the period. Range Resources accounts for about 6.8% of Goehring & Rozencwajg Associates LLC’s holdings, making the stock its biggest position. Goehring & Rozencwajg Associates LLC’s holdings in Range Resources were worth $70,629,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Boston Partners raised its position in Range Resources by 14.0% in the fourth quarter. Boston Partners now owns 13,467,808 shares of the oil and gas exploration company’s stock worth $474,585,000 after acquiring an additional 1,650,258 shares during the period. Wells Fargo & Company MN raised its position in Range Resources by 36.7% in the fourth quarter. Wells Fargo & Company MN now owns 173,890 shares of the oil and gas exploration company’s stock worth $6,131,000 after acquiring an additional 46,724 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in Range Resources in the fourth quarter worth about $6,677,000. Federation des caisses Desjardins du Quebec raised its position in Range Resources by 15.2% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 21,155 shares of the oil and gas exploration company’s stock worth $746,000 after acquiring an additional 2,789 shares during the period. Finally, Leith Wheeler Investment Counsel Ltd. bought a new stake in Range Resources in the fourth quarter worth about $5,935,000. Institutional investors own 98.93% of the company’s stock.

Key Headlines Impacting Range Resources

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

• Positive Sentiment: Zacks Research raised its earnings estimates for multiple periods, including FY2026 to $3.48 per share, Q3 2026 to $0.67, Q3 2027 to $0.72, Q2 2027 to $0.78, and Q4 2026 to $0.85, signaling improved expectations for Range Resources’ earnings power.
• Positive Sentiment: A Yahoo Finance-linked article highlighted that an analyst raised the price target on Range Resources, suggesting at least one bullish valuation revision for the stock. Analyst Raises Price Target on Range Resources (RRC)
• Neutral Sentiment: Despite the higher estimates, Zacks still labels Range Resources as Hold in one update, and its latest consensus-style outlook remains below the broader current-year estimate of $3.70 per share.
• Negative Sentiment: Zacks Research also downgraded Range Resources from Strong Buy to Hold, which may have weighed on sentiment even as earnings forecasts improved.
• Negative Sentiment: One estimate was cut: Zacks lowered Q2 2026 EPS to $0.48 from $0.51, showing some caution around near-term performance.

Analyst Ratings Changes

Several research firms have recently weighed in on RRC. Weiss Ratings downgraded shares of Range Resources from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 2nd. Zacks Research downgraded shares of Range Resources from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. TD Cowen lifted their target price on shares of Range Resources from $40.00 to $45.00 and gave the stock a “hold” rating in a research note on Tuesday, March 17th. Piper Sandler lifted their target price on shares of Range Resources from $41.00 to $42.00 and gave the stock a “neutral” rating in a research note on Thursday, March 12th. Finally, Truist Financial reduced their target price on shares of Range Resources from $48.00 to $46.00 and set a “hold” rating for the company in a research note on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Range Resources currently has an average rating of “Hold” and an average price target of $44.00.

Insider Buying and Selling

In related news, Director Brenda A. Cline sold 7,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $44.40, for a total transaction of $310,800.00. Following the completion of the transaction, the director owned 28,668 shares of the company’s stock, valued at approximately $1,272,859.20. The trade was a 19.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.10% of the company’s stock.

Range Resources Price Performance

RRC opened at $38.53 on Friday. The firm has a 50-day moving average price of $41.36 and a 200-day moving average price of $39.36. The company has a market capitalization of $9.08 billion, a price-to-earnings ratio of 10.19 and a beta of 0.42. Range Resources Corporation has a twelve month low of $32.60 and a twelve month high of $48.31. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.18.

Range Resources (NYSE:RRC) last issued its quarterly earnings data on Tuesday, April 21st. The oil and gas exploration company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.25 by $0.27. The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $898.20 million. Range Resources had a net margin of 26.09% and a return on equity of 18.64%. Range Resources’s revenue for the quarter was up 49.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.96 earnings per share. Equities analysts expect that Range Resources Corporation will post 3.71 EPS for the current year.

Range Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $0.40 annualized dividend and a yield of 1.0%. Range Resources’s payout ratio is currently 10.58%.

Range Resources Company Profile

Range Resources Corporation, headquartered in Fort Worth, Texas, is an independent energy company engaged in the exploration, development and production of natural gas, oil and natural gas liquids. The company focuses its core operations on the Appalachian Basin, with a significant presence in Pennsylvania’s Marcellus Shale. Through its drilling and completion activities, Range Resources seeks to optimize production efficiency while maintaining a disciplined approach to capital allocation and cost management.

The company’s technical expertise centers on advanced horizontal drilling and hydraulic fracturing techniques, which it applies to unlock unconventional resources.