HighTower Advisors LLC Boosts Position in EOG Resources, Inc. $EOG

HighTower Advisors LLC boosted its holdings in EOG Resources, Inc. (NYSE:EOG) by 4.5% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 339,459 shares of the energy exploration company’s stock after purchasing an additional 14,517 shares during the quarter. HighTower Advisors LLC’s holdings in EOG Resources were worth $35,647,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Capital World Investors raised its holdings in EOG Resources by 1.4% in the third quarter. Capital World Investors now owns 54,907,949 shares of the energy exploration company’s stock valued at $6,156,495,000 after buying an additional 782,426 shares during the period. Vanguard Group Inc. raised its holdings in EOG Resources by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 53,815,556 shares of the energy exploration company’s stock valued at $5,651,172,000 after buying an additional 446,341 shares during the period. Capital Research Global Investors raised its holdings in EOG Resources by 0.5% in the third quarter. Capital Research Global Investors now owns 24,926,659 shares of the energy exploration company’s stock valued at $2,794,784,000 after buying an additional 122,486 shares during the period. Northern Trust Corp raised its holdings in EOG Resources by 0.8% in the third quarter. Northern Trust Corp now owns 5,974,950 shares of the energy exploration company’s stock valued at $669,911,000 after buying an additional 49,987 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in EOG Resources by 6.1% in the third quarter. Dimensional Fund Advisors LP now owns 5,972,687 shares of the energy exploration company’s stock valued at $669,727,000 after buying an additional 344,291 shares during the period. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. UBS Group raised their price target on shares of EOG Resources from $141.00 to $149.00 and gave the company a “buy” rating in a report on Monday, March 2nd. Jefferies Financial Group increased their price objective on shares of EOG Resources from $146.00 to $170.00 and gave the company a “buy” rating in a research report on Monday, April 13th. Roth Mkm reaffirmed a “neutral” rating and issued a $136.00 price objective on shares of EOG Resources in a research report on Wednesday, May 6th. The Goldman Sachs Group increased their price objective on shares of EOG Resources from $135.00 to $139.00 and gave the company a “neutral” rating in a research report on Tuesday, May 12th. Finally, Stephens lowered their price objective on shares of EOG Resources from $170.00 to $167.00 in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and sixteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $154.55.

Trending Headlines about EOG Resources

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

• Positive Sentiment: Zacks upgraded EOG Resources to a Zacks Rank #1 (Strong Buy), signaling improving earnings outlook and near-term bullish momentum.
• Positive Sentiment: Multiple Zacks Research updates raised EOG’s earnings estimates for 2026, 2027, 2028, and several quarterly periods, reinforcing expectations for stronger profitability.
• Positive Sentiment: Morgan Stanley raised its price target on EOG to $160 from $155, which suggests additional upside even though the firm kept an Equalweight rating.
• Positive Sentiment: Seeking Alpha highlighted the potential for about $8.5 billion in shareholder rewards, which could appeal to investors focused on capital returns.
• Positive Sentiment: EOG was also added to Zacks’ Strong Buy and income stock lists, adding to the overall bullish tone around the name.
• Neutral Sentiment: Sanford C. Bernstein lowered its price target on EOG to $155 from $167 and kept a Market Perform rating, a reminder that not all analysts are uniformly bullish.
• Neutral Sentiment: EOG’s latest earnings were already strong, with the company previously reporting results that beat analyst estimates and showed solid year-over-year revenue growth.
• Negative Sentiment: The stock remains below its recent 52-week high, so some investors may be taking profits after the recent run-up despite the favorable analyst news.

EOG Resources Stock Down 1.2%

EOG stock opened at $140.00 on Friday. EOG Resources, Inc. has a twelve month low of $101.59 and a twelve month high of $151.87. The company has a current ratio of 1.72, a quick ratio of 1.53 and a debt-to-equity ratio of 0.26. The company has a market capitalization of $74.57 billion, a P/E ratio of 13.78 and a beta of 0.27. The firm has a 50 day simple moving average of $137.73 and a 200-day simple moving average of $120.53.

EOG Resources (NYSE:EOG) last released its quarterly earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 earnings per share for the quarter, topping analysts’ consensus estimates of $3.23 by $0.18. EOG Resources had a net margin of 23.01% and a return on equity of 19.25%. The business had revenue of $6.92 billion during the quarter, compared to the consensus estimate of $6.18 billion. During the same quarter last year, the company earned $2.87 earnings per share. The business’s quarterly revenue was up 22.1% compared to the same quarter last year. On average, equities research analysts predict that EOG Resources, Inc. will post 15.4 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 17th will be given a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, July 17th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.9%. EOG Resources’s dividend payout ratio (DPR) is presently 40.16%.

Insider Buying and Selling

In other news, CFO Ann D. Janssen sold 4,161 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total transaction of $582,706.44. Following the completion of the sale, the chief financial officer owned 100,246 shares of the company’s stock, valued at approximately $14,038,449.84. This trade represents a 3.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Jeffrey R. Leitzell sold 5,698 shares of EOG Resources stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total transaction of $856,523.36. Following the completion of the transaction, the chief operating officer directly owned 88,045 shares of the company’s stock, valued at approximately $13,234,924.40. This represents a 6.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 16,230 shares of company stock valued at $2,272,568 in the last three months. Corporate insiders own 0.14% 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.