Farringdon Capital Ltd. Trims Holdings in EOG Resources, Inc. $EOG

Farringdon Capital Ltd. trimmed its position in EOG Resources, Inc. (NYSE:EOG) by 67.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 3,155 shares of the energy exploration company’s stock after selling 6,423 shares during the quarter. Farringdon Capital Ltd.’s holdings in EOG Resources were worth $409,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Acumen Wealth Advisors LLC acquired a new position in EOG Resources in the 4th quarter worth approximately $25,000. SJS Investment Consulting Inc. lifted its stake in EOG Resources by 225.5% during the 1st quarter. SJS Investment Consulting Inc. now owns 179 shares of the energy exploration company’s stock valued at $26,000 after acquiring an additional 124 shares during the period. Prosperity Bancshares Inc acquired a new stake in EOG Resources during the 4th quarter valued at approximately $26,000. Nemes Rush Group LLC purchased a new stake in shares of EOG Resources in the 4th quarter valued at $30,000. Finally, Financial Life Planners purchased a new stake in shares of EOG Resources in the 1st quarter valued at $30,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

Key Stories Impacting EOG Resources

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

• Positive Sentiment: Higher earnings estimates: Zacks Research raised its forecasts for EOG’s third-quarter 2026 EPS to $4.42 from $3.87, fiscal 2026 EPS to $16.78 from $15.59, first-quarter 2027 EPS to $4.08 from $3.47, third-quarter 2027 EPS to $3.35 from $3.03, and fiscal 2027 EPS to $14.03 from $13.05. These revisions indicate stronger projected profitability across several periods. MarketBeat EOG estimates
• Positive Sentiment: Value appeal: Zacks highlighted EOG as a strong value stock, which may attract investors seeking a relatively inexpensive energy producer with earnings support. The company’s reported valuation metrics include a P/E ratio near 12 and a price-to-earnings-growth ratio below 1. Here’s Why EOG Resources Is a Strong Value Stock
• Neutral Sentiment: Upcoming earnings focus: Analysts have published predictions for EOG’s fourth-quarter results. The estimates could influence the stock as investors assess commodity prices, production trends and the sustainability of recent earnings strength. Analysts Offer Predictions for EOG Resources Q4 Earnings
• Negative Sentiment: Longer-term estimate reduction: Zacks cut its second-quarter 2028 EPS forecast to $3.10 from $3.49, signaling some concern about earnings normalization beyond fiscal 2027. Zacks continues to rate EOG “Hold,” tempering the bullish impact of the other estimate increases. MarketBeat EOG estimates

EOG Resources Price Performance

Shares of NYSE EOG opened at $153.06 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.85 and a quick ratio of 1.68. The stock has a market capitalization of $80.28 billion, a price-to-earnings ratio of 11.91, a PEG ratio of 0.57 and a beta of 0.25. The firm’s 50 day simple moving average is $138.75 and its 200-day simple moving average is $135.00. EOG Resources, Inc. has a 12 month low of $101.59 and a 12 month high of $153.67.

EOG Resources (NYSE:EOG) last posted its earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.97 by $0.10. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. The firm had revenue of $8.62 billion during the quarter, compared to analysts’ expectations of $8.04 billion. During the same period in the previous year, the business posted $2.32 EPS. The business’s revenue was up 57.4% compared to the same quarter last year. Analysts expect that EOG Resources, Inc. will post 16.87 EPS for the current year.

EOG Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 16th will be issued a $1.02 dividend. The ex-dividend date of this dividend is Friday, October 16th. This represents a $4.08 dividend on an annualized basis and a yield of 2.7%. EOG Resources’s payout ratio is presently 31.75%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on EOG. Sanford C. Bernstein reduced their target price on shares of EOG Resources from $167.00 to $155.00 and set a “market perform” rating for the company in a report on Wednesday, May 20th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $175.00 price target (up from $170.00) on shares of EOG Resources in a report on Thursday, July 2nd. Wells Fargo & Company reaffirmed an “overweight” rating and set a $193.00 price target (down from $196.00) on shares of EOG Resources in a research report on Thursday, August 13th. Barclays set a $147.00 price objective on EOG Resources and gave the company an “equal weight” rating in a research note on Monday, August 17th. Finally, Raymond James Financial reissued a “strong-buy” rating and issued a $183.00 price objective on shares of EOG Resources in a report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seventeen have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $155.41.

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.