EOG Resources, Inc. $EOG Shares Purchased by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV boosted its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 3.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,133,503 shares of the energy exploration company’s stock after purchasing an additional 35,974 shares during the quarter. Mercer Global Advisors Inc. ADV owned approximately 0.21% of EOG Resources worth $127,088,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of EOG. Hemington Wealth Management grew its position in shares of EOG Resources by 7.2% during the third quarter. Hemington Wealth Management now owns 1,383 shares of the energy exploration company’s stock worth $155,000 after buying an additional 93 shares in the last quarter. Bollard Group LLC raised its holdings in EOG Resources by 0.8% in the third quarter. Bollard Group LLC now owns 11,747 shares of the energy exploration company’s stock valued at $1,317,000 after acquiring an additional 93 shares in the last quarter. apricus wealth LLC lifted its stake in EOG Resources by 5.0% in the third quarter. apricus wealth LLC now owns 2,002 shares of the energy exploration company’s stock worth $224,000 after acquiring an additional 95 shares during the last quarter. Sowell Financial Services LLC lifted its stake in EOG Resources by 1.6% in the third quarter. Sowell Financial Services LLC now owns 6,234 shares of the energy exploration company’s stock worth $699,000 after acquiring an additional 96 shares during the last quarter. Finally, Hardy Reed LLC grew its holdings in EOG Resources by 4.5% during the 3rd quarter. Hardy Reed LLC now owns 2,267 shares of the energy exploration company’s stock worth $254,000 after acquiring an additional 97 shares in the last quarter. 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: Wells Fargo raised its price target to $155 and reiterated an “overweight” rating, signaling meaningful upside versus the current price; this is a strong near‑term catalyst for buyers. Article Title
• Positive Sentiment: Piper Sandler boosted its target to $144, adding to the sequence of broker upgrades that reinforce investor confidence in EOG’s earnings and cash‑flow outlook. Piper Sandler Raises EOG PT to $144
• Positive Sentiment: Barclays lifted its target to $140 while keeping an Equal Weight rating—another vote of confidence that supports the view EOG may be undervalued at current levels. Article Title
• Positive Sentiment: Coverage from outlets (CNBC/TipRanks and investment roundups) highlights EOG as a dividend‑paying energy name favored by some analysts, which can attract income‑oriented and institutional demand. Top Wall Street analysts are bullish
• Neutral Sentiment: Multiple articles and lists discuss EOG as an “undervalued” large‑cap energy stock and include it in top energy stock roundups—useful for sentiment but largely echoing analyst upgrades rather than new fundamental developments. Is EOG One of the Most Undervalued?
• Neutral Sentiment: CFO Ann Janssen sold 2,597 shares on March 12 (SEC Form 4 filed); the sale reduced her position by ~2.5% but she retains a large holding—this is worth noting but not an obvious sign of company‑level trouble. SEC Form 4
• Negative Sentiment: Zacks cut earnings estimates for EOG, which could weigh on forward expectations if other shops follow; this is the primary near‑term negative item to monitor for revisions to consensus. Zacks Cuts Earnings Estimates

Insider Buying and Selling

In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of EOG Resources stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $125.00, for a total transaction of $250,000.00. Following the transaction, the chief operating officer owned 61,481 shares of the company’s stock, valued at $7,685,125. The trade was a 3.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Ann D. Janssen sold 2,597 shares of EOG Resources stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $134.31, for a total value of $348,803.07. Following the transaction, the chief financial officer directly owned 100,246 shares in the company, valued at approximately $13,464,040.26. This trade represents a 2.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 10,371 shares of company stock worth $1,294,698 in the last 90 days. 0.13% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Johnson Rice dropped their price objective on shares of EOG Resources from $145.00 to $135.00 and set a “hold” rating on the stock in a research report on Friday, December 5th. Piper Sandler lifted their price objective on shares of EOG Resources from $127.00 to $144.00 and gave the stock a “neutral” rating in a research report on Thursday, March 12th. Zacks Research raised EOG Resources from a “strong sell” rating to a “hold” rating in a report on Monday, March 2nd. Morgan Stanley set a $128.00 price target on EOG Resources and gave the company an “equal weight” rating in a research note on Friday, January 23rd. Finally, BMO Capital Markets lifted their price target on EOG Resources from $120.00 to $140.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seventeen have given a Hold rating to the company’s stock. According to data from MarketBeat, EOG Resources currently has a consensus rating of “Hold” and a consensus price target of $137.77.

EOG Resources Price Performance

Shares of EOG opened at $134.57 on Tuesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.63 and a quick ratio of 1.42. EOG Resources, Inc. has a 1-year low of $101.59 and a 1-year high of $136.14. The stock has a market cap of $72.19 billion, a PE ratio of 14.77 and a beta of 0.44. The firm has a fifty day moving average price of $116.98 and a 200 day moving average price of $112.53.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.20 by $0.07. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The company had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.36 billion. During the same quarter last year, the company posted $2.74 earnings per share. The business’s quarterly revenue was up .9% compared to the same quarter last year. As a group, sell-side analysts anticipate that EOG Resources, Inc. will post 11.47 EPS for the current year.

EOG Resources Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 16th will be given a $1.02 dividend. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.0%. EOG Resources’s dividend payout ratio is 44.79%.

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.