EOG Resources, Inc. $EOG Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. boosted its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 25.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 606,339 shares of the energy exploration company’s stock after purchasing an additional 122,463 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.11% of EOG Resources worth $67,983,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. RHS Financial LLC boosted its stake in shares of EOG Resources by 24.7% during the third quarter. RHS Financial LLC now owns 3,451 shares of the energy exploration company’s stock worth $387,000 after buying an additional 684 shares during the period. Granite Harbor Advisors Inc. increased its position in EOG Resources by 6.5% in the 3rd quarter. Granite Harbor Advisors Inc. now owns 3,349 shares of the energy exploration company’s stock valued at $375,000 after acquiring an additional 203 shares during the period. CWA Asset Management Group LLC raised its stake in EOG Resources by 15.4% during the 3rd quarter. CWA Asset Management Group LLC now owns 25,253 shares of the energy exploration company’s stock valued at $2,831,000 after acquiring an additional 3,374 shares during the last quarter. OLD Second National Bank of Aurora lifted its position in EOG Resources by 3.2% during the 3rd quarter. OLD Second National Bank of Aurora now owns 27,255 shares of the energy exploration company’s stock worth $3,056,000 after acquiring an additional 853 shares during the period. Finally, River Street Advisors LLC lifted its position in EOG Resources by 7.3% during the 3rd quarter. River Street Advisors LLC now owns 11,800 shares of the energy exploration company’s stock worth $1,323,000 after acquiring an additional 804 shares during the period. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on EOG. Scotiabank reissued a “sector perform” rating and issued a $130.00 target price on shares of EOG Resources in a report on Friday, September 26th. Jefferies Financial Group set a $145.00 price objective on shares of EOG Resources in a research report on Sunday, October 12th. Wolfe Research dropped their price objective on shares of EOG Resources from $138.00 to $134.00 and set an “outperform” rating on the stock in a research note on Monday. BMO Capital Markets cut their price objective on shares of EOG Resources from $130.00 to $126.00 and set an “outperform” rating for the company in a research report on Monday, December 15th. Finally, JPMorgan Chase & Co. lowered their target price on shares of EOG Resources from $131.00 to $121.00 and set a “neutral” rating on the stock in a report on Monday, December 8th. One equities research 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 company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $138.14.

EOG Resources Trading Down 1.1%

NYSE:EOG opened at $105.00 on Wednesday. EOG Resources, Inc. has a 1 year low of $101.59 and a 1 year high of $138.18. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.43 and a current ratio of 1.62. The stock has a fifty day moving average price of $106.73 and a two-hundred day moving average price of $113.48. The stock has a market capitalization of $56.97 billion, a price-to-earnings ratio of 10.46, a PEG ratio of 8.32 and a beta of 0.49.

EOG Resources (NYSE:EOG) last posted its quarterly earnings results on Thursday, November 6th. The energy exploration company reported $2.71 earnings per share for the quarter, topping analysts’ consensus estimates of $2.42 by $0.29. The business had revenue of $5.85 billion for the quarter, compared to analysts’ expectations of $5.48 billion. EOG Resources had a net margin of 24.49% and a return on equity of 19.80%. The business’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same period in the prior year, the company posted $2.89 EPS. As a group, sell-side analysts anticipate that EOG Resources, Inc. will post 11.47 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 3.9%. The ex-dividend date is Friday, January 16th. EOG Resources’s dividend payout ratio is presently 40.64%.

Insider Transactions at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of the stock in a transaction dated Wednesday, December 31st. The shares were sold at an average price of $105.68, for a total value of $211,360.00. Following the completion of the transaction, the chief operating officer directly owned 54,979 shares of the company’s stock, valued at approximately $5,810,180.72. This trade represents a 3.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.13% of the company’s stock.

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.