Korea Investment CORP Has $38.98 Million Stock Position in EOG Resources, Inc. $EOG

Korea Investment CORP lowered its position in EOG Resources, Inc. (NYSE:EOG) by 13.5% during the 2nd quarter, Holdings Channel reports. The fund owned 300,485 shares of the energy exploration company’s stock after selling 47,044 shares during the period. Korea Investment CORP’s holdings in EOG Resources were worth $38,982,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in EOG. SJS Investment Consulting Inc. increased its holdings in shares of EOG Resources by 225.5% during the first 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 in the last quarter. Financial Life Planners acquired a new position in shares of EOG Resources during the first quarter worth approximately $30,000. Acumen Wealth Advisors LLC bought a new position in shares of EOG Resources in the 4th quarter worth $25,000. Prosperity Bancshares Inc acquired a new stake in EOG Resources in the 4th quarter valued at $26,000. Finally, Global Assets Advisory LLC acquired a new stake in EOG Resources in the 1st quarter valued at $37,000. Institutional investors and hedge funds own 89.91% of the company’s stock.

Analyst Ratings Changes

EOG has been the subject of a number of recent research reports. Morgan Stanley set a $157.00 price target on shares of EOG Resources and gave the company an “equal weight” rating in a research note on Wednesday. Wall Street Zen lowered shares of EOG Resources from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. JPMorgan Chase & Co. reduced their price objective on shares of EOG Resources from $148.00 to $142.00 and set a “neutral” rating for the company in a report on Tuesday, June 30th. Sanford C. Bernstein decreased 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 research report on Wednesday, May 20th. Finally, Capital One Financial lowered their target price on shares of EOG Resources from $161.00 to $159.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seventeen have issued a Hold rating to the stock. According to MarketBeat, EOG Resources currently has an average rating of “Hold” and a consensus price target of $155.41.

EOG Resources Price Performance

Shares of NYSE:EOG opened at $153.06 on Friday. The company has a current ratio of 1.85, a quick ratio of 1.68 and a debt-to-equity ratio of 0.25. The stock’s fifty day simple moving average is $138.75 and its two-hundred day simple moving average is $135.00. EOG Resources, Inc. has a 1-year low of $101.59 and a 1-year high of $153.67. The stock has a market cap of $80.28 billion, a PE ratio of 11.91, a price-to-earnings-growth ratio of 0.57 and a beta of 0.25.

EOG Resources (NYSE:EOG) last posted its quarterly earnings data on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $8.04 billion. During the same period in the previous year, the firm earned $2.32 EPS. The business’s revenue for the quarter was up 57.4% compared to the same quarter last year. As a group, analysts forecast that EOG Resources, Inc. will post 16.87 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Friday, October 16th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Friday, October 16th. EOG Resources’s dividend payout ratio (DPR) is 31.75%.

EOG Resources News Roundup

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 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.